Monday 13 April 2015

Dh1.76b filed in DIFC Courts in 2014 | GulfNews.com

Dh1.76b filed in DIFC Courts in 2014 | GulfNews.com:



"DIFC Courts, the emirate’s English language common law courts, said on Sunday the total value of claims and counterclaims increased 81 per cent to Dh1.76 billion in 2014 compared to the previous year.



It is the first time the value of claims and counterclaims has exceeded Dh1 billion. 




“We’ve grown in terms of the size of claims, we’ve grown in terms of the number of claims, we’ve grown in terms of the complexity of the claims,” said Mark Beer, chief executive of the common law courts at the Dubai International Financial Centre (DIFC)."



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