- Shanghai court upholds arbitration agreement providing for arbitration administered by SIAC in Shanghai (BNB v BNA)
- What was the background to this decision?
- What was the background to the dispute?
- What did the court decide?
- The impact of the decision on Chinese arbitration law and international arbitration standards and best practice
- Takeaway points
Arbitration analysis: Following the decision of the Singapore Court of Appeal (SGCA) in BNA v BNB interpreting an arbitration agreement as providing for Singapore International Arbitration Centre (SIAC) administered arbitration proceedings seated in Shanghai, a Shanghai court has upheld the validity of the parties’ agreement under the law of the People’s Republic of China (PRC). Philipp Hanusch, special counsel, and Jerald Wong, associate, at Baker McKenzie in Hong Kong discuss this notable decision.
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