SPORTS ARBITRATION CENTER IN UAE COMMENCED FULL OPERATIONS

February 15, 2021by Admin0

[et_pb_section][et_pb_row][et_pb_column type=”4_4″][et_pb_text]

Sports litigation min edited

The Court of Arbitration for Sport (CAS) in Switzerland is considered as the supreme international dispute resolution forum for sports. CAS also acts as an appeals court for decisions made by the arbitration systems of sports organizations or dispute resolution mechanisms such as FIFA and the International Olympic Committee.

Related Services: Arbitration

Abu Dhabi hosted the first seat of CAS outside Switzerland in May 2012. Later in 2016, Abu Dhabi became home to its own arbitration center for sports named as UAE Sports Arbitration Centre (UAE SAC). The UAE SAC is fully operational as of June 2020. Its equipped with every facility to attend to any possible dispute through mediation and arbitration.

Dubai’s growing importance as a world sporting destination can be assessed through statistics: Sports industry now exceeds USD 1.7 billion annually; this accounts for 0.8% of Dubai’s GDP. Of the USD 1.763 billion, USD 670 million originates from overseas markets.

The UAE SAC will assist in the sustainable development of the sports market. The UAE SAC Rules of Arbitration will be issued  in the coming weeks. However, as it’s modelled after CAS.  We can presume that the standard clause to be inserted into contracts will read that the disputes arising from or related to the present contract can solely be submitted to this court only.   

[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]

 

Disclaimer

The opinions expressed in this blog are those of the respective authors. ATB Legal does not endorse these opinions. While we make every effort to ensure the factual accuracy of the information provided in our blogs, inaccuracies may occur due to changes in the legislative landscape or human errors. It is important to note that ATB Legal does not assume any responsibility for actions taken based on the information presented in these blogs. We strongly recommend verifying information from official sources and consulting with professional advisors to ensure its accuracy and relevance to your specific circumstances.

About ATB Legal

ATB Legal is a full-service legal consultancy in the UAE providing services in dispute resolution (DIFC Courts, ADGM Courts, mainland litigation management and Arbitrations), corporate and commercial matters, IP, business set up and UAE taxation. We also have a personal law department providing advice on marriage, divorce and wills & estate planning for expats.

Please feel free to reach out to us at office@atblegal.com for a non-obligatory initial consultation.

Leave a Reply

Your email address will not be published. Required fields are marked *

2 × five =

Copyright, Privacy Policy, Sitemap, Disclaimer