After Lehman: International Response to Financial Disputes – A Focus on Hong Kong

Richmond Journal of Global Law and Business, Vol. 10, No. 2, 2011

University of Hong Kong Faculty of Law Research Paper No. 2011/005

29 Pages Posted: 2 Aug 2011 Last revised: 18 Oct 2011

See all articles by Shahla F. Ali

Shahla F. Ali

The University of Hong Kong - Faculty of Law

John Koon Wang Kwok

The University of Hong Kong

Date Written: August 1, 2011

Abstract

Recent global financial dislocation has provided an impetus for examining effective avenues for the resolution of financial disputes. Hong Kong, like many financial centers throughout the world, has been directly affected by the collapse of Lehman Brothers. Its response to the collapse has included a creative mix of regulatory strengthening and government sponsored mediation and arbitration. Each of these alternative mechanisms of resolution provides a useful case study of the prospects of the use of ADR in response to financial crises. The efficacy of such interventions will be reviewed and options for the future development of a multi-tier dispute resolution system in Hong Kong will be explored.

Keywords: Financial Dispute Resolution, Comparative Law, ADR, Mediation, Arbitration

Suggested Citation

Ali, Shahla F. and Kwok, John Koon Wang, After Lehman: International Response to Financial Disputes – A Focus on Hong Kong (August 1, 2011). Richmond Journal of Global Law and Business, Vol. 10, No. 2, 2011, University of Hong Kong Faculty of Law Research Paper No. 2011/005, Available at SSRN: https://ssrn.com/abstract=1903591

Shahla F. Ali (Contact Author)

The University of Hong Kong - Faculty of Law ( email )

Chung Yu Tung Tower (Law), Centennial Campus
Pokfulam Road
Hong Kong
(852) 3917 2931 (Phone)
(852) 2559-3543 (Fax)

HOME PAGE: http://www.hku.hk/law/faculty/staff/ali_shahla.html

John Koon Wang Kwok

The University of Hong Kong ( email )

Pokfulam Road
Hong Kong, Pokfulam HK
China

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