Friday, 12 February 2010

Dubai mulls extending power of DIFC courts



The Dubai International Financial Centre (DIFC) Courts may have their jurisdiction expanded to include other commercial cases in Dubai under plans being reviewed by the Government, a top judge says.

Sir Anthony Evans, the Chief Justice of the DIFC Courts, said efforts were under way to allow the court to handle specific types of commercial cases involving banking, shipping and financial services that took place outside the DIFC zone.

“In the medium term, there is a possibility that the court’s jurisdiction might be expanded,” Sir Anthony said. “As a specialist court, we may be of use outside the DIFC.”

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