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Arbitration Article Series IV Enforcing Arbitration Awards

Parties wanting to enforce an award under the New York Convention must satisfy the requirements of the UAE Civil Code. In practice, enforcing arbitration awards can be a lengthy and unpredictable process. It is common for the UAE courts to require the foreign award to satisfy the rules and procedures of the UAE, and they may refuse to enforce it if there is a violation of local laws.

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How do the International Court of Arbitration enforce their decision in commercial properties?

What do you mean by arbitration: Arbitration process can be understood as an alternate dispute resolution process wherein the disputing parties voluntarily choose an arbitration forum for adjudication of their disputes. When the parties choose binding arbitration for the settlement of their dispute then the decision of the arbitrator is termed as final and can be then enforced through court and may be further appealed on limited grounds.

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Arbitration Article Series III: Terms of References

As per the arbitration and civil rules in the UAE, the arbitration rules shall be governed by the Terms of Reference. The Terms of Reference is a document used within international arbitration law. Its main purpose is to ensure the fast and efficient progress of arbitration proceedings. The agreement is drawn and signed by mutual consent of the parties and arbitrators.

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Role of Arbitration in Commercial Disputes

Dispute Resolution systems have continually experienced constant change all through the historical backdrop of business disputes.

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Annulment of award possible if procedures in arbitration contract or Terms of Reference not complied

Legal Principle A party to an arbitration contract have right to request annulment of arbitration award if arbitrator did not follow the procedures contained in the arbitration contract or the agreed terms of reference.

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Anatomy of a Business Lawsuit - Part 3

Parts 1 and 2 of this article analyzed the pleadings and discovery phases of a business lawsuit in Florida. This part will address the third phase of a Florida business dispute, which is the conclusion or resolution in some form or another.

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Can I Appeal Against an Arbitration Award?

Arbitration is best described as a cost-effective alternate dispute resolution process, which assists in smoother business relationships without incurring the rigidity of court proceedings. To address many of the pitfalls of the arbitration process and to bring the UAE arbitration process in tune with the best international standards, the UAE enacted Federal Law No. 6 of 2018 on ‘Arbitration’ and its amendments (“Arbitration Law”).

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Can you claim legal costs in arbitration?

Isn't it too complex and too expensive to proceed with arbitration? What all costs can we recover in this arbitration apart from the claim? Can we claim attorney's fees or legal costs from this arbitration?

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Buying Auto Insurance (part 3 of 4)

... from part ... Company ... Deceive (part 3 of 4) If some of the millions of dollars spent on ... auto ... would be devoted to fair payment of injured ...

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UNCITRAL ARBITRATION RULES, 2010: Enforcing Effective Arbitration Mechanism

India needs to amend the Arbitration and Conciliation Act, 1996 to incorporate the UNCITRAL Arbitration Rules 2010 which will positively contribute to the efficient conduct of Arbitration. The new rules aims at expediting the arbitral award by giving more discretion to the tribunal and making it mandatory that the proceedings are conducted efficiently, fairly and in most effective manner.

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What are the common formalities of arbitration in the UAE?

The Federal Law No. (6) of 2018 on arbitration (‘Arbitration Law’) defines arbitration as ‘ A procedure regulated by law in which a dispute between one or more parties is submitted, by agreement of the parties, to an arbitral tribunal which makes a binding decision on the dispute’(Article1 ).

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Choose Wisely: Arbitration or Litigation!

Dubai skyline is most admired amongst several countries due to multiple sky-scrappers and beautifully constructed buildings. It obviously indicates that country’s construction market is booming and holds the potential to invite multiple investments around the globe.

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LAW RELATING TO LIMITATION FOR CHALLENGING OF ARBITRATION AWARDS

One of the main purposes of arbitration is to resolve commercial disputes within a reasonable time.

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What law is applicable in Arbitration?

The number of arbitration cases registered in the United Arab Emirates has steadily increased in recent years.

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Guide on Commercial Dispute Resolution

The commercial disputes in UAE are generally resolved through litigation or arbitration.

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