Using the DIFC’s Off-Shore Jurisdiction to Enforce Arbitration Awards in On-Shore Dubai23rd Aug 2016
In his paper for Arbitration, Mischa Balen examines the differences between the on-shore Dubai courts and the off-shore Dubai International Financial Centre when it comes to enforcing arbitration awards. In particular, the paper considers whether an award creditor can enforce an on-shore arbitral award against assets held in on-shore Dubai, rather than having to follow the Dubai Courts’ ratification process as set out in the UAE Civil Procedure Code. The paper further explores this question by examining whether it may be possible for an award creditor to seek recognition of a foreign arbitral award in the DIFC Court, followed by enforcement in the local Dubai Courts.
To read the full paper, please click here.