The Dubai International Financial Centre's court system is putting the final touches on the most comprehensive revamp of its rules since its founding six years ago.
The changes are a response to feedback from lawyers and regulators, and they include clarifications on how the courts deal with employment disputes, insolvencies and other issues. They go into effect on July 1.
"It has been about four years or so since the first rules were enacted, and it's not unusual for a court to be constantly fine-tuning its rules," said Michael Hwang, the chief justice of the Dubai International Financial Centre (DIFC) Courts. The DIFC courts include a small-claims tribunal, an arbitration centre, a trial court and a court of appeal.
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