Shanghai: Intellectual Property Arbitration Tribunal Founded

On October 29, 2008, Shanghai Intellectual Property Arbitration Tribunal was officially founded, with the first batch of 61 arbitrators appointed.

This tribunal offers a new avenue to solve intellectual property disputes in China, apart from the traditional administrative or judicial channels. It aims at taking advantage of the features of arbitration, such as confidentiality, efficiency, and expertise of arbitrators, and thereby providing a more cost-effective way to resolve intellectual property disputes.

This tribunal is formed to meet the dispute resolution demand arising from the increasing number of cross-border intellectual property transactions (including transfer or licensing) involving China.