[HK] AO Hong Kong Arbitration Ordinance
[HK] AO
Hong Kong Arbitration Ordinance
ZivilrechtZivilprozessrecht
Schiedsverfahrensrecht
A hybrid damages-based agreement is an agreement, made between a client and a lawyer of the client for a matter, under which the lawyer agrees with the client to be paid for the matter—
(a) in the event the client obtains a financial benefit in the matter—a payment calculated by reference to the financial benefit; and
(b) in any event—a fee, which may or may not be calculated at a discount, for the legal services rendered by the lawyer for the client during the course of the matter.
Source: HK e-legislation
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for 98ZE. [HK] AO
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