UAE Practice On Restrictive Provisions and Penalty Clauses

It is common practice for parties entering into contractual arrangements to insert restrictive provisions constraining or limiting either of the parties’ legal or contractual rights.  Such provisions work to restrict a party from committing a certain act in the future, or oblige a party to perform a certain obligation at a predetermined time. The objectives…

The Dubai International Financial Centre Arbitration Law

The DIFC, Dubai’s, Common Law jurisdiction has recently amended  its arbitration law in order to expand the jurisdiction of its Courts with regard to staying proceedings in favour of arbitration. Antonios  Dimitracopoulos, Partner and Head of Arbitration at BSA Ahmad Bin Hezeem & Associates LLP, DIFC, looks at the long term repercussions of this  recent development,…

2nd Annual International Arbitration Summit

Speaker at the 2nd Annual International Arbitration Summit Hosted by Wolters Kluwer Hong Kong at the Park Hyatt Dubai on 25th February 2014 Ratifying Arbitral Awards in the UAE: crossroads between arbitration and litigation Speaker: Antonios Dimitracopoulos Key Discussion Points: • Vulnerable aspects of award ratification • Recent Court trends • Crossroads of arbitration and litigation • Split…

In-House Congress Dubai

Co-host of In-House Congress Dubai Hosted by Pacific Business Press, at the Raffles hotel, Dubai on 26 February 2014 Practice Area Workshop: Getting an Arbitral Award worth the paper It Is written on: A real case-based walkthrough of what actually happens in the UAE Presenters: Antonios Dimitracopoulos, Mohammed Nedal Dajani and Jon Bridgewater With focused panel…

A Matter Of Interpretation … Decisions On Arbitration Clauses In the UAE

Antonios Dimitracopoulos, Partner and Head of Arbitration, explains how local jurisprudence is likely to deal with ambiguous and contradictory dispute resolution clauses. Back in the days of frenetic financial growth, the last things on people’s minds were all the nuances of dispute resolution clauses. However, in the UAE a high level of importance on procedure…

Strengthening Ties between The UK and Dubai

New Memorandum Of Guidance On Reciprocal Enforceability of Judgments Enhances Trade And Investment Links Between UK and Dubai promoting DIFC Courts as Leader in International Commercial Dispute Resolution. 23 January 2013 the Dubai International Finance Centre Courts (DIFC Courts) and the English Commercial Court of the Queen’s Bench Division, England and Wales (Commercial Court) signed…