CEAC Chinese European Arbitration Center Chinese European Arbitration Centre

CELA Annual Members Meeting

on 4 June 2021, 11:30 - 12:30 a.m. CET at the office of Heuking Kühn Lüer Wojtek, Neuer Wall 63, 20354 Hamburg

Agenda

We will have the following agenda:

  • Report of the Board
  • Report on the Financials of the Organisation
  • Formal approval of the actions of the management
  • Decision according to Art. 13 of the CELA Statutes on the Dissolution (“Auflösung”) of the Chinese European Legal Association e.V. (CELA)
  • Any other business
  • Voting rights at the annual meeting exist only for members in good standing.

Reasons for the Dissolution of CELA

CELA was founded in 2008 to promote international legal cooperation. Its main activity consisted in the shareholding and management of the Chinese European Arbitration Center GmbH (CEAC) in Hamburg. However, under the applicable German tax law this shareholding seemed not appropriate for CELA as a non profit organization. Therefore, with effect of 20 April 2018, CELA sold its shareholding in CEAC to the Chinese European Arbitration Association (CEAA). After the disposal of CEAC however most members lost interest in CELA and many joined CEAA. Consequently CELA had no income in 2019 as well as 2020 and with only minimal financial resources cannot execute any of its statutory tasks. Therefore the Board of CELA unanimously proposes to the members to vote for the dissolution of CELA according to Art. 13 of the CELA Statutes. Remaining assets will be transferred according to Art. 13 para 2 of the CELA Statutes to the Hamburg Arbitration Circle e.V. to be spent in line with the statutory purposes of CELA.

For and on behalf of the Board

Dr. Elke Umbeck
President

Jürgen Wöhler
Vice President

Dr. Dominik Ziegenhahn
Vice President

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