Monday 14 November 2011

Longer arm of the law for DIFC, but the jury is out - The National

In a move designed to promote Dubai as a dispute resolution forum of choice, the jurisdiction of the Dubai International Financial Centre (DIFC) Courts has been expanded to give parties the option of agreeing to refer their disputes there.

The DIFC is a Federal Financial Free Zone in the heart of Dubai's business district, with a system of civil and commercial laws and a court system that is independent of Dubai itself and the wider UAE.

Unlike the system in the UAE, and elsewhere in the Middle East, the DIFC has adopted a Common law - as opposed to civil law - legal system, with its courts manned by a mixture of local and Commonwealth judges. DIFC Courts proceedings are conducted in English on the basis of a system of rules modelled closely on the rules of the English courts. As such, the DIFC Courts offer a judicial experience distinct from that offered by Arabic-speaking local courts, and one that is more familiar to many international businesses.

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