Arbitration
The confidentiality of UAE arbitration proceedings is a cornerstone of arbitration in the UAE, governed by the UAE Federal Arbitration Law (Federal Law No. 6 of 2018 on Arbitration) and institutional arbitration rules. Here are the key points regarding confidentiality in arbitration proceedings in the UAE. Statutory Provisions on Confidentiality The UAE Federal Arbitration Law […]
Reshma Rose Jacob · 20 Dec 2024 · 4 minRead →
Arbitration
Disputes are an inevitable part of doing business, and how they are resolved can significantly impact a company’s operations and reputation. In the United Arab Emirates (UAE), the choice between litigation and arbitration is crucial for businesses. Arbitration, a private method of resolving disputes outside of traditional court systems, has gained prominence in the UAE […]
Merrya Ginto · 20 Dec 2024 · 5 minRead →
Arbitration
For a deeper understanding of how arbitration is practiced in the UAE, its advantages, and the legal framework supporting it, refer to our comprehensive guide on Arbitration in UAE. The rapid evolution of Web 3.0 technologies, including blockchain, cryptocurrencies, and the metaverse, has ushered in a new era of digital interactions and transactions. As these […]
Madhav Vinod Krishna · 7 Dec 2024 · 4 minRead →
Arbitration
The establishment of the Conflict of Jurisdiction Tribunal under Decree No. 29 of 2024 marks a significant shift in resolving jurisdictional disputes between the Dubai Courts and the DIFC Courts. This new mechanism replaces the Joint Judicial Committee, addressing prior inefficiencies and ambiguity, while providing a streamlined process for adjudicating jurisdictional conflicts. Here’s an in-depth […]
Aeron Abraham Thomas · 25 Nov 2024 · 4 minRead →
Arbitration
The United Arab Emirates (“the UAE”) has solidified its position as a global hub for international trade, business, and dispute resolution, making it a crucial jurisdiction for arbitration. Arbitration has become the preferred mode of dispute resolution in the UAE, particularly in commercial disputes, owing to its flexibility, confidentiality, and enforceability. The country’s legal framework […]
Reshma Rose Jacob · 23 Oct 2024 · 7 minRead →
Arbitration
In the UAE, the legal basis for suspension and termination of construction contracts primarily comes from the Federal Law No. (5) of 1985 On the Civil Transactions Law of the United Arab Emirates (Civil Code). Under Article 892 of the Civil Code, a Muqawala (construction) contract can be terminated upon the completion of work, by […]
ATB Research Team · 6 Aug 2024 · 6 minRead →
Arbitration
Arbitration stands as a beacon of efficient conflict resolution, offering parties a swifter, more economical, and flexible alternative to the courtroom. Upholding confidentiality and preserving relationships, it embodies a modern approach to dispute settlement. However, the cornerstone of arbitration lies in the arbitration agreement, a crucial prerequisite for its effectiveness. In this article, we delve […]
Amy Denny · 9 May 2024 · 11 minRead →
Arbitration
Construction projects in the United Arab Emirates (UAE) contribute significantly to economic growth and development, drawing both domestic and foreign investment. However, with the complexity and scale of these projects comes the potential for disputes to arise, often involving multiple parties, complex contracts, and differing interpretations of laws and regulations. Resolving construction disputes in UAE […]
ATB Research Team · 4 May 2024 · 10 minRead →
Arbitration
The Abu Dhabi International Arbitration Centre (arbitrateAD) is the latest Institutional Arbitration centre in the Middle East. This article discusses the ArbitrateAD Rules to equip you to choose ArbitrateAD as your destination to resolve disputes. The references mentioned in this article are from the arbitrateAD Rules 2024, the DIAC Arbitration Rules 2022 and the ICC […]
Sudha Sampath · 30 Apr 2024 · 21 minRead →
Arbitration
With an aim to expedite the resolution of disputes and reduce the burden on the court systems in the country, the United Arab Emirates has made a significant update to its legal framework concerning dispute resolution with the enactment of the Federal Decree Law No. 40 of 2023. This law which came into effect on […]
Jose Joseph · 25 Apr 2024 · 4 minRead →