Dubai International Financial Centre (DIFC) Combines Litigation and Arbitration Bodies Under New Law.

The DIFC’s litigation and arbitration functions are to be consolidated under a new single dispute settlement body, pursuant to Law No. 7 of 2014 promulgated by Dubai’s ruler.  The full article can be accessed here.

The DIFC is a Dubai-based onshore financial center which provides a financial and legal “free zone”  for business and financial institutions who seek to invest and do business in the region under a stable platform. The DIFC creates a unique legal jurisdiction within the UAE that is based on the English common law system.

Included within the DIFC is a leading arbitral institution, the DIFC-LCIA, a partnership between the […]

Dubai International Financial Centre (DIFC) Combines Litigation and Arbitration Bodies Under New Law. 2017-12-20T20:34:09+00:00