Journal Article

Arbitration at the Dubai International Financial Centre: a Common Law Jurisdiction in the Middle East

in Arbitration International

Published on behalf of The London Court of International Arbitration

Volume 25, issue 2, pages 173-186
Published in print June 2009 | ISSN: 0957-0411
Published online August 2014 | e-ISSN: 1875-8398 | DOI: https://dx.doi.org/10.1093/arbitration/25.2.173
Arbitration at the Dubai International Financial Centre: a Common Law Jurisdiction in the Middle East

More Like This

Show all results sharing these subjects:

  • Arbitration
  • Company and Commercial Law
  • Competition Law
  • Employment and Labour Law
  • Settlement of Disputes

GO

Show Summary Details

Preview

The Dubai International Financial Centre (DIFC) is an autonomous jurisdiction based in the Emirate of Dubai where the civil and commercial laws of the UAE do not apply. The DIFC’s legal system is based instead on common law and is supervised by the judges of the DIFC’s own independent courts. The DIFC’s legal landscape now includes the recently enacted DIFC Arbitration Law 2008, based on the UNCITRAL Model Law on International Commercial Arbitration, which opens up the DIFC as a possible seat of arbitration to all interested parties notwithstanding the absence of any links to the DIFC. Parties looking to seat their arbitrations in the Middle East now have the option of selecting the DIFC as a neutral, English-speaking, common law jurisdiction with a modern arbitration law, backed by an experienced judiciary, located in one of the leading commercial and financial centres in the Middle East. The aim of this article is threefold: (a) to present a short introduction to the DIFC’s unique legal system in order to establish the proper context for (b) a critical examination of the new Arbitration Law, and (c) to assess the likely impact of the new Law (and the recent establishment of the DIFC-LCIA Arbitration Centre) on arbitration in the Middle East and the wider region.

Journal Article.  5933 words. 

Subjects: Arbitration ; Company and Commercial Law ; Competition Law ; Employment and Labour Law ; Settlement of Disputes

Full text: subscription required

How to subscribe Recommend to my Librarian

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content. subscribe or login to access all content.