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Following Decree No. 34 of 2021 concerning the Dubai International Arbitration Centre (the “Decree”), which effectively (i) abolished the Emirates Maritime Arbitration Centre and the DIFC Arbitration Institute (under which the DIFC-LCIA was operating); and (ii) provided for the Dubai International Arbitration Centre (the “DIAC” or the “Centre”) to substitute both institutions by directing the transfer of all rights and obligations of the abolished centres to the DIAC, the DIAC has now issued its new rules.
V&E International Dispute Resolution Update
In 2007, the Kurdistan Regional Government (the “KRG”) enacted Oil and Gas Law No. 22 of 2007 (the “KRG Oil and Gas Law”). The Federal Government of Iraq (the “FGI”) had initially rejected the draft law, but the regional parliament within Kurdistan approved it on the basis of its view that the draft law was within the KRG’s competencies under the 2005 Constitution of the Republic of Iraq (the “Iraqi Constitution”).
V&E International Dispute Resolution Update
One of the biggest risks on any construction project is non-payment. This article sets out contractual measures to mitigate non-payment risks and describes “self-help” remedies to obtain payment under United Arab Emirates (“UAE”) law.
The COVID-19 pandemic has created an exponential increase in the number of virtual arbitration hearings, including in the Middle East.
Material Amendments Usher in a New Era for Professional Companies in the Kingdom
On 5 December 2017, the International Federation of Consulting Engineers (FIDIC) published new editions of its suite of contracts, reflecting long-awaited responses to the changing needs of the…
V&E Construction Disputes Update E-communication