By Paul Starr King & Wood Mallesons’ Dispute Resolution Group
Over the last several years, Chinese companies have been extending their reach around the globe, undertaking ever-increasing pioneering projects in infrastructure, energy, commerce, environment and other developments.
As they do so, we see a growing number of multi-million dollar disputes arising from their overseas businesses and claims incurred by their overseas counterparts. The legal risks to which Chinese companies are exposed have therefore been increasing. Some of them, rather unwittingly, develop a habit of turning to local lawyers in the dispute countries (“Country Lawyers”) for major dispute resolution solutions. That is very inadvisable.
Continue Reading International Arbitration outside of the PRC: Explaining to Chinese Enterprises why they need us