HONG KONG OFFICE OPENS FOR BUSINESS AS CHINA DISPUTES BOOM
Following years of previous activity by the CMS International Arbitration Group in Hong Kong and intense preparations, approval was received from the Law Society of Hong Kong enabling the firm to be represented with its own office and lawyers from September 2016 onwards.
The office allows us to provide effective local support to clients from Europe, China, the Asia-Pacific region and the US. We are responding to growing business volumes and meeting the need for client proximity and cross-border advice for both inbound and outbound matters.
Nicolas Wiegand, Partner, CMS Hong Kong
He adds, “Our civil law practice, combined with the common law angle of Tim Elliott, our finance partner who joined us in Hong Kong with his team from the UK, as well as the fact that many of our lawyers are trained both in civil and common law jurisdictions, gives us a unique selling point in Hong Kong, China and beyond.”
Hong Kong has long since been one of the key global arbitration locations and attracts clients from all over the world who use it as a dispute resolution hub. As a neutral, independent and reliable location with a stable legal system, Hong Kong has, in particular, become indispensable for handling disputes connected with China.
CMS actively promotes the development of arbitration across Asia. Amongst others, CMS has launched an investment arbitration lecture series and a roadshow on investments and disputes related to China’s ‘One Belt One Road’ initiative, both in cooperation with the Hong Kong International Arbitration Center (HKIAC).
Additionally, CMS continues to be a principal sponsor of Hong Kong Arbitration Week which runs from 15 – 19 October 2017.
Nicolas Wiegand has particularly extensive experience with arbitration proceedings in or connected with Hong Kong, China, Singapore, South Korea, Australia, Thailand, Vietnam and Japan. He acts as an arbitrator in the region, in addition to representing clients, and is a member of numerous arbitrator panels including the panel of arbitrators at the Hong Kong International Arbitration Center (HKIAC). Nicolas also delivers training courses on arbitration law for the HKIAC.
Besides acting in arbitration matters and in financing, CMS has also been advising on the increasing volume of overseas Chinese investment for a number of years. Many of the strongest Chinese companies with promising international strategies for future growth are located in the province of Guangdong, right on Hong Kong’s doorstep.
Our entire Hong Kong team is thoroughly acquainted with the conditions and structures in Hong Kong and Asia. As well as speaking Mandarin and English, the office is also home to speakers of German, French, Russian and Norwegian.