The Director of the Secretary for Law of Hong Kong, Lin Dingguo, said in a corporate lawyer event on Thursday (September 12) that he hopes that corporate lawyers can help enhance the status of Hong Kong's international law and dispute resolution service centers.
Lin Dingguo wrote on Facebook that he shared the latest and important development of the legal community in Hong Kong with more than 600 seniors and compliance majors in the Hong Kong Enterprise Lawyer Summit that morning, showing that he hopes to see corporate lawyers who want to see corporate lawyersPlay the role of promoters, guardians, reformers and teachers to enhance Hong Kong's position as an international law and dispute solution service center.
He said that mainland China and Hong Kong have signed nine judicial assistance arrangements to allow Hong Kong's ordinary law to be in line with the mainland legal system, so that Hong Kong can play a key role in connecting the mainland and global aspects, and involves the mainland.Investment and business opportunities provide high -quality legal services.
Lin Dingguo introduced that in these nine arrangements, three items are related to arbitration, including the arrangement of the mainland and the Hong Kong Special Administrative Region in 2019,The arbitration ruling made in Hong Kong was allowed to be recognized and enforced in the mainland, and vice versa.
He continued to say that under the security arrangement, Hong Kong became the first and the only common jurisdiction in ordinary legal judicial jurisdictions.In the case of Hong Kong as an arbitration place, parties to the arbitration procedures managed by designated arbitration agencies can apply to the mainland courts for temporary measures such as property preservation, evidence preservation and behavior preservation; the most popular of which is property preservation.As of August this year, a total of 132 cases applying for property preservation from mainland courts, and the total amount of property that had been successfully preserved was about 18.5 billion yuan (about S $ 3.4 billion).
