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Challenge and Enforcement

Challenge and Enforcement

Challenge and Enforcement CHALLENGING THE ARBITRATION AWARD The international framework The UK (which comprises, England, Wales, Scotland and Northern Ireland) is a party to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards 1958 (“the New York Convention”) and as a result will recognize and enforce awards made in other contracting …

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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 Once the decision to start an arbitration has been taken and the appropriate form of notice or request for arbitration has been delivered, the next step is to establish the arbitral tribunal. Whilst a national court of law is a standing body to which an application may be made …

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International Arbitration

International Arbitration What Is International Arbitration? International arbitration is similar to domestic court litigation, but instead of taking place before a domestic court it takes place before private adjudicators known as arbitrators. It is a consensual, neutral, binding, private and enforceable means of international dispute resolution, which is typically faster and less expensive than domestic court proceedings. The use of international arbitration has evolved to allow parties …

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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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