Category

Arbitration

Category

In Brief The recently issued Decree No. 34 of 2021 by Dubai Ruler’s Sheikh Mohammed bin Rashid Al Maktoum has been a trending topic. The Decree dissolves the Emirates Maritime Arbitration Centre (EMAC) and the Dubai International Financial Centre (DIFC) Arbitration Institute and assigns their obligations to the Dubai International Arbitration Centre (the New DIAC). Dr Habib Al Mulla had proposed the changes to the Dubai Government and prepared the first draft of the law…

The Dubai Court of Cassation has recently issued a judgment that tackles the effect of incorporating arbitration clauses by means of referring to the general conditions of a FIDIC (or the International Federation of Consulting Engineers) contract including the arbitration clause therein. In the case in question, the parties had agreed that the 1987 FIDIC Red Book General Conditions of Contract would govern the transaction. Clause 67 of the 1987 FIDIC Red Book General Conditions…

Global law firm Baker McKenzie has won three awards at the Middle East Legal Awards 2020 hosted by industry leading media group Legal Week on 5 November 2020. During these unprecedented times of market disruption brought by the COVID-19 pandemic and other geopolitical developments, the firm continues to cement its leading position in the legal industry, having won: “Arbitration Team of the Year” and “Real Estate Team of the Year” for the first time, and…

Over the past decade, Environmental, Social and Governance (ESG) matters have become increasingly important to organizations. Strong sustainability practices have become a critical business imperative, offering enormous opportunities for those who take it seriously and posing serious liabilities for those who don’t. In the context of disputes and enforcement, courts are beginning to recognize the gravity of environmental and climate change issues, while corporate accountability for compliance breaches arising from supply chains and business relationships…

As the effects of the 2019 Novel Coronavirus (COVID-19) continue to be felt around the world, businesses face significant levels of instability and uncertainty caused by weakened financial markets and disruption to workplace operations and business pipelines, and resulting in a growth in the number and types of disputes. What will this mean for the future of disputes in the Middle East and North Africa (MENA)? The Baker McKenzie Dispute Resolution team explores ‘The Future…