Damien advises in relation to drafting and construction of multi-tiered dispute resolution clauses and arbitration clauses, and enforcement of Judgments and Arbitration Awards in the PRC and in Hong Kong.
In 2005 Damien won a significant arbitration in Hong Kong for a listed Singaporean commodities trader. He succeeded in obtaining recognition of the Hong Kong arbitration Award in China (non-CITEAC). This was one of the earliest instances of recognition of a foreign award in the PRC. Due to reluctance of the lower PRC Courts Damien was required (with the assistance of his PRC correspondent lawyers) to make formal written submissions to the People's Supreme Court in Beijing in order to secure recognition in the PRC of the Hong Kong Award. The relevant PRC State Owned Enterprise (i.e. Respondent) then settled.
Damien also sits as an arbitrator.
Damien was admitted as a barrister and solicitor in New Zealand in 1990. He has been a Hong Kong resident since 1995. He is admitted as a solicitor in New Zealand, Hong Kong and England and Wales.
His practice comprises a mix of maritime and commercial litigation and arbitration.
In addition to his shipping and trade practice, Damien also has considerable experience with shareholder and joint venture disputes; employment related disputes; insolvency and asset recovery; white collar crime and fraud investigations including obtaining urgent relief via Anton Piller Orders or Mareva Injunctions / freezing orders.
He has litigationed product liability claims and personal injury and fatality claims.
Damien is ranked :
- by Asia Law, as a Leading Lawyer for Dispute Resolution & Litigation http://www.asialaw.com/lawyers/laracy-and-co/laracy-damien/5bcafb67
- by Chambers & Partners for both "China, Shipping; Litigation (International Firms)" (Band 2) and "China, Dispute Resolution; Litigation" (Band
4) http://www.chambersandpartners.com/asia/person/312484/damien-laracy
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