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 DIFC and the internationally-renowned London Court for International Arbitration. The DIFC-LCIA partnership is not expected to be affected by the consolidation under the new law.


About the Author:

Eric Z. Chang, firm founder and Principal, has extensive experience practicing both in civil law and common law systems. He is a former French Avocat à la cour and a current member of the New York and California Bars. He has practiced in Paris, New York and California on cross-border matters involving parties and disputes in Africa, Europe, the United States, Latin America, Asia and the Middle East. His experience covers a wide range of issues and industries: he has represented commercial clients in cases dealing with construction delays and disruptions, finance, securities and accounting fraud, shareholder disputes, maritime attachments, oil and energy, banking and telecommunications. He also represents clients on investor-state disputes, including bilateral investment treaty (BIT) arbitration.