3 Nov 2017
AMERICAN INTERNATIONAL GROUP, INC AND ANOTHER v. HUAXIA LIFE INSURANCE CO LTD
- Citation
- AMERICAN INTERNATIONAL GROUP, INC AND ANOTHER v. HUAXIA LIFE INSURANCE CO LTD
- Court
- Court of Final Appeal
- Case number
- FAMV35/2017
The Court refused leave because the applicants' constitutional challenge was not reasonably arguable in light of binding precedent (CIF) and settled proportionality analysis: s.81(4) AO and s.14(3)(ea)(iv) HCO pursue legitimate aims including party autonomy and efficient arbitration, are rationally connected to those aims and are within the range of reasonable legislative options, so the proposed appeal lacked a reasonable prospect of success.