Haiwen Edward Liu Publishes Hong Kong Lawyer Article on Arbitration and Cross-Border Insolvency
海问律师事务所欣然宣布，香港办公室合伙人刘洋律师在《香港律师》杂志发表题为《当破产凌驾于仲裁之上：为何HyalRoute案需要重新审视》的专业文章。
Haiwen & Partners is pleased to announce that Edward Liu, Partner of Hong Kong Office, has published an article in Hong Kong Lawyer titled “When Insolvency Trumps Arbitration: Why HyalRoute Calls for Reexamination.”
左右滑动查看图片
本文围绕香港原讼法庭及上诉法庭近期就海容通讯集团有限公司诉中国工商银行(亚洲)有限公司一案作出的判决([2025] HKCFI 2417；[2025] HKCA 936)展开深入评析，探讨该等判决对受香港法律管辖的仲裁协议在境外清盘程序语境下的适用影响。
The article examines the recent Hong Kong Court of First Instance and Court of Appeal decisions in HyalRoute Communication Group Limited v Industrial and Commercial Bank of China (Asia) Limited ([2025] HKCFI 2417; [2025] HKCA 936) and considers their implications for Hong Kong law-governed arbitration agreements in the context of offshore winding-up proceedings.
文章中，刘洋律师剖析了香港法院在处理当事人意思自治、仲裁契约约定与境外破产程序三者关系时的裁判思路。重点分析了要求争议由仲裁“终局解决”的仲裁条款之解释规则、境外破产程序的法律定性在本案中的参考意义，以及在申请相关救济以维护当事人约定争议解决机制时，实体审查所扮演的角色。
In the article, Edward analyses the courts’ approach to the relationship between party autonomy, contractual agreements to arbitrate and foreign insolvency processes. He considers, in particular, the interpretation of arbitration clauses requiring disputes to be “finally resolved” by arbitration, the relevance of foreign-law characterisations of insolvency proceedings, and the role of merits-based analysis in applications for relief intended to protect the parties’ agreed dispute resolution mechanism.
本文亦延伸探讨该案对香港仲裁制度整体政策层面的深远影响，包括境外破产程序与仲裁程序并行可能引发的司法裁判碎片化风险，以及涉及可仲裁债权时，本地清盘与境外清盘案件在司法处理上存在潜在冲突的问题。
The article also addresses the broader policy implications for Hong Kong’s arbitration framework, including the risk of fragmentation where offshore insolvency proceedings and arbitration proceed in parallel, and the potential inconsistency between the treatment of domestic and foreign winding-up proceedings involving arbitrable debts.
谈及此次发表的文章，刘洋律师表示：“HyalRoute案所涉法律问题，对从事跨境商业交易与争议解决的各界主体具有普遍重要意义。本文旨在为当前相关讨论贡献观点，探索香港法律应如何协调仲裁与跨境破产的适用关系，从而切实维护当事人意思自治、法律确定性与法律体系的内在统一。”
Commenting on the publication, Edward Liu said: “The issues raised by HyalRouteare of broader importance to parties engaged in cross-border commerce and dispute resolution. This article seeks to contribute to the ongoing discussion on how Hong Kong law should approach the interaction between arbitration and cross-border insolvency in a way that preserves party autonomy, legal certainty and doctrinal coherence.”
刘洋律师拥有香港特别行政区、英格兰及威尔士、英属维尔京群岛执业律师资格，专业领域涵盖国际仲裁、商事诉讼及航运争议，为多行业复杂跨境法律事务提供专业法律服务。
Qualified as a solicitor of Hong Kong SAR, England & Wales and the British Virgin Islands, Edward specialises in international arbitration, commercial litigation and shipping disputes, and advises on complex cross-border matters across a wide range of sectors and industries.
此次文章刊发，亦彰显海问持续深耕仲裁、诉讼、重组及破产领域前沿发展，致力于在跨境争议解决相关重要法律议题上推动学术与实务研究，贡献专业智识。
The publication reflects Haiwen & Partners’ continued focus on significant developments in arbitration, litigation, restructuring and insolvency, and the firm’s broader commitment to contributing to legal thought leadership on issues affecting cross-border dispute resolution.
中文链接：
英文链接：
Haiwen Edward Liu Publishes Hong Kong Lawyer Article on Arbitration and Cross-Border Insolvency
海问律师事务所欣然宣布，香港办公室合伙人刘洋律师在《香港律师》杂志发表题为《当破产凌驾于仲裁之上：为何HyalRoute案需要重新审视》的专业文章。
Haiwen & Partners is pleased to announce that Edward Liu, Partner of Hong Kong Office, has published an article in Hong Kong Lawyer titled “When Insolvency Trumps Arbitration: Why HyalRoute Calls for Reexamination.”
左右滑动查看图片
本文围绕香港原讼法庭及上诉法庭近期就海容通讯集团有限公司诉中国工商银行(亚洲)有限公司一案作出的判决([2025] HKCFI 2417；[2025] HKCA 936)展开深入评析，探讨该等判决对受香港法律管辖的仲裁协议在境外清盘程序语境下的适用影响。
The article examines the recent Hong Kong Court of First Instance and Court of Appeal decisions in HyalRoute Communication Group Limited v Industrial and Commercial Bank of China (Asia) Limited ([2025] HKCFI 2417; [2025] HKCA 936) and considers their implications for Hong Kong law-governed arbitration agreements in the context of offshore winding-up proceedings.
文章中，刘洋律师剖析了香港法院在处理当事人意思自治、仲裁契约约定与境外破产程序三者关系时的裁判思路。重点分析了要求争议由仲裁“终局解决”的仲裁条款之解释规则、境外破产程序的法律定性在本案中的参考意义，以及在申请相关救济以维护当事人约定争议解决机制时，实体审查所扮演的角色。
In the article, Edward analyses the courts’ approach to the relationship between party autonomy, contractual agreements to arbitrate and foreign insolvency processes. He considers, in particular, the interpretation of arbitration clauses requiring disputes to be “finally resolved” by arbitration, the relevance of foreign-law characterisations of insolvency proceedings, and the role of merits-based analysis in applications for relief intended to protect the parties’ agreed dispute resolution mechanism.
本文亦延伸探讨该案对香港仲裁制度整体政策层面的深远影响，包括境外破产程序与仲裁程序并行可能引发的司法裁判碎片化风险，以及涉及可仲裁债权时，本地清盘与境外清盘案件在司法处理上存在潜在冲突的问题。
The article also addresses the broader policy implications for Hong Kong’s arbitration framework, including the risk of fragmentation where offshore insolvency proceedings and arbitration proceed in parallel, and the potential inconsistency between the treatment of domestic and foreign winding-up proceedings involving arbitrable debts.
谈及此次发表的文章，刘洋律师表示：“HyalRoute案所涉法律问题，对从事跨境商业交易与争议解决的各界主体具有普遍重要意义。本文旨在为当前相关讨论贡献观点，探索香港法律应如何协调仲裁与跨境破产的适用关系，从而切实维护当事人意思自治、法律确定性与法律体系的内在统一。”
Commenting on the publication, Edward Liu said: “The issues raised by HyalRouteare of broader importance to parties engaged in cross-border commerce and dispute resolution. This article seeks to contribute to the ongoing discussion on how Hong Kong law should approach the interaction between arbitration and cross-border insolvency in a way that preserves party autonomy, legal certainty and doctrinal coherence.”
刘洋律师拥有香港特别行政区、英格兰及威尔士、英属维尔京群岛执业律师资格，专业领域涵盖国际仲裁、商事诉讼及航运争议，为多行业复杂跨境法律事务提供专业法律服务。
Qualified as a solicitor of Hong Kong SAR, England & Wales and the British Virgin Islands, Edward specialises in international arbitration, commercial litigation and shipping disputes, and advises on complex cross-border matters across a wide range of sectors and industries.
此次文章刊发，亦彰显海问持续深耕仲裁、诉讼、重组及破产领域前沿发展，致力于在跨境争议解决相关重要法律议题上推动学术与实务研究，贡献专业智识。
The publication reflects Haiwen & Partners’ continued focus on significant developments in arbitration, litigation, restructuring and insolvency, and the firm’s broader commitment to contributing to legal thought leadership on issues affecting cross-border dispute resolution.
中文链接：
英文链接：
Beijing ICP No. 05019364-1 Beijing Public Network Security 110105011258
