28.03.09
CEAC (Chinese European Arbitration Centre) is a new institutional arbitration centre established in Hamburg in September 2008 and is the first institution of its kind.
CEAC rules are based on the UNCITRAL Arbitration Rules with slight modifications to adopt these to the needs of China related disputes.
It was set up by CELA (Chinese European Legal Association), an international joint venture of law firms and lawyers initiated by the Hamburg Bar Organisation, the Hamburg Chamber of Commerce, 17 law firms and 47 lawyers and academics and further members.
The holding association CELA is a non-profit organisation which fosters legal and legal cultural exchange between China and Europe.
As a very pragmatic point, the CEAC recommends the use of standardized text passages in contracts with Chinese enterprises. We highly recommend to recheck your contracts and to adjust these together with your lawyer or any of the lawyers of the CELA.
www.ceac-arbitration.com