Thomas Leung and Matthew Ho’s article in Arbitration International discusses Hyalroute Communication Group Limited v Industrial and Commercial Bank of China (Asia) Limited [2025] HKCFI 2417. The Hong Kong Court of First Instance refused to grant an anti-suit injunction to halt Cayman winding-up proceedings even though the underlying dispute was subject to an HKIAC arbitration agreement; the article places that outcome within the post-Sian Participation divergence among common-law jurisdictions on the interaction between arbitration clauses and winding-up proceedings, and notes possible public policy considerations and drafting techniques to avoid disputes.
The effect of an HKIAC arbitration agreement on anti-suit relief and court jurisdiction over related Cayman winding-up proceedings.
Arbitration International · 2026
DOI 10.1093/arbint/aiaf033