Categorising Remedies, Damages Expectation damages, reliance damages and restitution. Remedies and damages are legal solutions that can be sought by a party who has suffered harm or loss as a result of a breach of contract or other legal wrongdoing. Three main types of damages are expectation damages, reliance damages, and restitution. Expectation damages: Expectation …
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The Role of National Courts.
The Role of National Courts. The UAE Courts With the tremendous growth in international trade and investments, international commercial arbitration has become a frequently used mechanism to settle investment/trade/contractual dispute. Most people are of the opinion that resolution of dispute by litigation in court is time consuming and money consuming whereas arbitration may speed the …
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Establishment and Organisation of the Tribunal
Establishment and Organisation of the Tribunal The establishment and organization of the tribunal is a crucial aspect of international commercial arbitration. The tribunal is responsible for resolving the dispute between the parties, and its composition and procedures can have a significant impact on the outcome of the arbitration. The following are some of the key …
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The New Arbitration Law
The New Arbitration LawThe issuance of Federal Law No.6 of 2018, the new Arbitration Law The issuance of Federal Law No. 6 of 2018, the new Arbitration Law, is a long awaited and welcome development in the UAE. We expect that the new Arbitration Law will strengthen the UAE’s position as the preferred choice for …
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Litigation and Arbitration
Litigation and Arbitration Litigation and Arbitration Alternative Dispute Resolution Alternative Dispute Resolution (ADR) is a term that encompasses various methods of resolving conflicts and disputes outside of traditional court litigation. One popular form of ADR is arbitration, which involves the submission of disputes to one or more impartial individuals, known as arbitrators, who make a …
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