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Decree Number 34 of 2021 and Arbitration in Dubai “Arbitration is justice blended with charity.” – Nachman of…
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Arbitration in Bahrain and Enforcement of Arbitral Awards in Bahrain Arbitration rules enacted by The Kingdom of Bahrain In 2009 make it the primary united states within the globe to create the equal of a loose exchange quarter for arbitration. That rules, Legislative Decree No. 30(The Decree), offers events to…
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Decree 34 of 2021 and its impact on arbitration Decree No. 34 has been issued on Sept. 14, 2021, and took effect on September 20, 2021. The Decree canceled two arbitration organizations in Dubai: I the Arbitration Organization of the Dubai International Financial Centre ("DIFC"), which included the DIFC-LCIA arbitration…
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Enforcement of Arbitral Awards in UAE Enforcement is agreeing with a contract with an appropriate dispute resolution mechanism. The UAE introduced federal Law No.6 of 2018 on Arbitration in 2018. It clarifies the procedures to challenge the enforcement of an arbitral award before the onshore UAE courts. The arbitration law…
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Federal Law Number 6 of 2021: Introduction of Mediation Law in UАE Introduction А process where an unbiased third party helps the disputing party to resolve their disputes or conflicts by the use of specialized techniques and methods of negotiations is referred as mediation. It is an аlternаtive dispute resolution mechanism…
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Decree 34 of 2021 and Development in Arbitration in Dubai "Arbitration is justice blended with charity" - Nachman of Breslov. The Dubai Decree no. 34 of 2021 regarding the Dubai International Arbitration Centre was published on 14 September 2021. The new Decree will reform the framework of Arbitration in the Emirate of Dubai.…
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Arbitration Law in the UAE "Arbitration is justice blended with charity" – Nachman of Bresloy Arbitration is a famous method of resolution of disputes. The UAE's first stand-alone law on arbitration is governed by the Federal Arbitration Law No. 6 of 2018 which is known as “United Arab Emarites Arbitration Law”.…
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Economic and Fraud Provisions in the Middle East “There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open…
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Compensation in a Force Majeure Event Introduction Before considering any remedies, contractors might have steps, they may take to mitigate costs, it is necessary to first understand the definition of force majeure as defined by UAE jurisprudence and the different elements attached to it. When it comes to force majeure,…
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FAQs – Arbitration in Israel What is the state of law and Arbitration in Israel? Israel has a reputation for being a litigious nation. According to study, Israel has the highest number of lawsuits lodged per capita in the country. In 2004, Israel was ranked third among seventeen developing countries…
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Legality of the Unilateral Appointment of an Arbitrator India A unilateral appointment clause is an agreement that gives one of the parties the opportunity to choose between two available options to settle a dispute, while only one of the options is available to the other party. Whether Unilateral Appointment Clauses…
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Enforcement of New York Convention Awards in the UAE Introduction Arbitration clauses are becoming more and more prominent in corporate agreements, the reason behind this is the ease with which disputes can be dealt with as compared to the traditional court system. In any case, a corporation may find that…
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Confidentiality in International Arbitration Introduction Confidentiality is the essence of trust, which is why individuals, corporations and even government bodies resort to Arbitration. Confidentiality is attractive to litigants internationally for a myriad of reasons, like freedom of making arguments which would not normally be made at a public forum, or…
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Procedural Overview onto the rules of arbitration at the Ras Al Kamiah Reconciliation and Commercial Arbitration Center Although a dispute may be resolved through court litigation, the parties in the new era are increasingly submitting their disputes for mediation, arbitration or any other Alternative Dispute Resolution (“ADR”). Since a long…
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