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Unpublished Paper
The Future of Financial Dispute Resolution in Hong Kong: Promoting a Comprehensive “Multi-Tier Dispute Resolution System” with reference to the “Lehman Brothers Mediation Scheme”
ExpressO (2010)
  • Shahla F. Ali, University of Hong Kong
  • John Koon Wang Kwok, University of Hong Kong
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,
  • Mediation,
  • ADR,
  • East Asia,
  • Economic Law
Disciplines
Publication Date
August 31, 2010
Citation Information
Shahla F. Ali and John Koon Wang Kwok. "The Future of Financial Dispute Resolution in Hong Kong: Promoting a Comprehensive “Multi-Tier Dispute Resolution System” with reference to the “Lehman Brothers Mediation Scheme”" ExpressO (2010)
Available at: http://works.bepress.com/shahla_ali/5/