27 Nov 2019
HZ CAPITAL INTERNATIONAL LTD v. CHINA VOCATIONAL EDUCATION CO., LTD AND OTHERS
- Citation
- [2019] HKCFI 2705
- Court
- Court of First Instance
- Case number
- HCCT48/2016
The court held that the Respondents unequivocally waived their right to insist on strict compliance with the Mandatory Negotiation Tier (the condition precedent); having regard to the parties' negotiations, contemporaneous communications and the Tribunal's findings dismissing governance and PRC regulation grounds, the arbitration clause remained enforceable and the challenges to the Award failed.