Tuesday 1 March 2016

DIFC expects further rise in value of cases at Court of First Instance | The National

DIFC expects further rise in value of cases at Court of First Instance | The National:

"The DIFC Courts expect the ­value of cases handled at the Court of First Instance this year to rise as bigger cases make it into the legal system of Dubai’s financial free zone, the courts’ registrar said on Monday.

“I am not expecting a significant increase in the number of cases this year,” said Mark Beer. “But what we may well see this year is the continuing trend of increasing value of cases that come to the court.”

The total value of the 295 cases handled at DIFC Courts surged last year to a record Dh5.56 billion, greater than the combined value of cases handled in 2012, 2013 and 2014."



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