The Dubai International Financial Centre (DIFC) is a financial-free zone established by Federal Decree No. 35 of 2004. DIFC has independent Courts that apply the DIFC Laws supplemented by common law principles. DIFC Courts serve a crucial function in Dubai’s legal landscape by providing a reliable, efficient, and internationally acknowledged platform for resolving disputes. The […]
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Business transactions are inherently complex and multifaceted. Every transaction is a potential minefield of legal and regulatory complexities that require careful consideration and planning. According to a McKinsey report, “up to 70% of corporate deals fail due to legal and compliance issues”. These issues include mergers and acquisitions, regulatory compliance, contract negotiations, dispute resolution, financial
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The Dubai Court of Cassation has recently revised its interpretation of Article 38(1) of the ICC Arbitration Rules, allowing for a broader understanding of recoverable costs in arbitration. Previous Interpretation of Article 38(1) The Court had previously ruled that Article 38(1) of the ICC Arbitration Rules (quoted below) does not explicitly grant arbitral tribunals the
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UAE’s construction market has seen significant growth in recent years, driven by a robust regulatory framework and a strong emphasis on safety and quality. The growth is expected to persist as the UAE continues to pursue its development objectives. UAE’s construction market presents an attractive opportunity for foreign developers due to its substantial economic growth
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Dubai Court of Cassation case no. 2024/296 (Commercial Appeal) SK Legal recently secured a favourable ruling for a client in relation to the inadmissibility of a lawsuit due to the existence of an arbitration clause. Although such cases are common in Dubai Courts, where some parties attempt to circumvent the arbitration process to evade arbitration-related costs, this
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UAE has positioned itself as a prominent hub for arbitration, particularly appealing to multi-jurisdictional parties. UAE’s robust legal framework and well-established arbitral institutions create an environment conducive to efficiently resolving commercial disputes. These factors work together to attract global businesses seeking dependable dispute resolution mechanisms. The recent enhancements in arbitration rules further solidify the UAE’s
Arbitration is a form of alternative dispute resolution that involves resolving disputes outside the court system. It is a widely accepted dispute resolution method in commercial disputes. Most commercial agreements have an arbitration clause, where the parties agree to submit their disputes to one or more arbitrators. An arbitrator is an impartial and qualified third
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The legal structure in the UAE has two systems: the Federal Judiciary, presided over by the Federal Supreme Court, which is the highest judicial authority in the UAE, and the local judicial departments at the local government level. A legal consultant in UAE can help navigate these systems. Each of the seven emirates has the
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Last updated on: 12th March, 2025 Intellectual property (IP) refers to creations of the mind. Examples include inventions, literary and artistic works, designs, symbols, names, and images used in commerce. Protecting intellectual property fosters innovation, creativity, and economic growth. So creators can reap the benefits of their inventions and creations. In the UAE, Intellectual Property
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Construction projects are often complex, and disputes are common. Various methods are available for resolving a construction dispute, each with its own strengths and weaknesses. In this article, we will discuss different dispute resolution methods and common types of construction disputes that may arise in a project. What is Construction Dispute Resolution? Construction dispute resolution
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