The UAE’s Federal National Council (FNC) approved the draft Arbitration bill this week. The FNC’s approval of the draft Arbitration law, based on the UNCITRAL Model Law, evidences the UAE’s ongoing commitment to being regarded as the international arbitration hub of choice in the Middle East. Various drafts of the proposed federal arbitration law have been circulated by the UAE Ministry of Economy in the past, but, till now, have never been approved by the…
After a long wait, the South African International Arbitration Act No. 15 of 2017 sailed through the legislature…
Overview Following debate within the arbitration community regarding the proper scope of the role of a tribunal secretary…
The ultimate objective of a party seeking damages in an arbitration is usually to get paid. This article offers twenty-five practical tips for achieving the objective of converting an arbitral award into money. While several of the tips that appear below are relevant to both domestic and international awards, the enforcement of international awards can be more challenging. Any discussion of enforcement of international arbitration awards must be done against the backdrop of the 1958…
On 12 to 16 November 2017, the DIFC-LCIA Arbitration Centre hosted the Dubai Arbitration Week 2017, with various…
Technology plays an increasingly important role in almost every aspect of life and does not stop at international…
INTRODUCTION The construction industry in the United Arab Emirates (UAE) adopts and follows international best practices for construction contracts governed by UAE law or implemented in the UAE. These contracts are heavily modelled after International Federation of Consulting Engineer (Fédération Internationale Des Ingénieurs-Conseils) (FIDIC) forms of contracts. However, domestic law considerations should not be ignored. It is true that in principle, the UAE courts recognise FIDIC contracts. However, there are several UAE law principles that…
The rapid growth of the United Arab Emirates’ (UAE’s) economy brought with it tourism, mass infrastructural projects, construction,…
What is the most efficient alternative, i.e. out of court, way to settle disputes? Arbitral institutions provide many…
On 1 September, a task force of the ICCA and the Queen Mary School of International Arbitration published a draft report on third party funding. The draft report is still available for public comment until 31 October 2017. A final report will be launched in April 2018. In the following, we want to give a quick overview of the 177-page report which can be downloaded here. Pursued objectives of the report are, on the one…