Ronald Sum, Locke Lord’s Head of Arbitration, East Asia and Partner in the Firm’s Hong Kong office, provided insight to The American Lawyer International on the rise of Hong Kong as a dominant regional center for cross-border dispute resolution and international arbitration in Asia. Sum noted that “a reputable and sophisticated dispute resolution mechanism is instrumental to the development of Hong Kong as a major international financial and commercial center.”
Sum also commented on Teresa Cheng, a former arbitration practitioner who now serves as Hong Kong’s secretary for justice and chair of the Advisory Committee on Promotion of Arbitration. “[Cheng] has been actively participating in the committee’s meeting every month,” said Sum, who is also a committee member. He also noted Cheng’s experience practicing arbitration helped the committee focus on logistics, such as immigration and tax incentives that might attract more arbitration practitioners to Hong Kong.
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