Tuesday 10 January 2012

DIFC Courts settle first non-DIFC related case - Legal - Zawya

The DIFC Courts, the English language, common law judicial system based in Dubai, can report that it heard and resolved its first non-DIFC related case, only a short while after its jurisdiction was expanded in late 2011. The Courts' jurisdiction was expanded in October, following a decree by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai and this landmark, first ruling was also passed before the end of the year.

The case, a dispute about non-payment of an invoice, involving two Dubai-based SMEs, is the first relating to two non-DIFC parties resolved since the jurisdiction expansion. The settlement followed mutual election by both parties of the DIFC Courts' mediation process and Small Claims Tribunal (SCT). Both parties accepted the DIFC Courts jurisdiction and subsequently reached a mutual settlement on the 29th December.

No comments:

Post a Comment