On 18 April 2024, the Ruler of Dubai established the “Judicial Authority for Resolving Jurisdictional Conflicts between the DIFC Courts and the Judicial Bodies in the Emirate of Dubai” (New Judicial Authority). This new body,...more
The Civil Procedure Law (Federal Law No. 42 of 2022) came into force on 2 January 2023 (“New CP Law”) and ushered in several fundamental changes to the UAE Civil Procedure, including (without limitation) in relation to: (i)...more
In conjunction with the Ministry of Justice of the Kingdom of Saudi Arabia (“KSA”), the Saudi Centre for Commercial Arbitration (“SCCA”) conducted a study into KSA legislation and confirmed that parties to Saudi arbitration...more
On 25 February 2022, the board of directors of the Dubai International Arbitration Centre (“DIAC”) approved the new DIAC Arbitration Rules (the “2022 Rules”). The DIAC Rules, which were published on 2 March 2022, will come...more
Claimant is an Australian joint venture between Chile’s Antofagasta plc and Canada’s Barrick Gold Corporation. In 2006, Claimant became a party to a joint venture agreement between it and the Government of Balochistan with...more
12/18/2020
/ Arbitration ,
Burden of Proof ,
Causation ,
Compensation ,
Contributory Negligence ,
Damages ,
Discounted Cash Flow Valuations ,
Energy Sector ,
Financial Institutions ,
ICSID ,
Insurance Industry ,
Interest Rates ,
Jurisdiction ,
Leases ,
Loss Mitigation ,
Mining ,
Oil & Gas ,
Pakistan ,
Solar Energy ,
Valuation
NMC Health plc (NMC Health) made news around the globe in December 2019 when it was the subject of a Muddy Waters report which alleged various bad acts had been carried out by the company. NMC Health was subsequently placed...more
10/15/2020
/ Abu Dhabi Global Markets (ADGM) ,
Coronavirus/COVID-19 ,
Fraud ,
Health Care Providers ,
Healthcare Fraud ,
Insolvency ,
Liquidation ,
London Stock Exchange ,
Popular ,
Receivership ,
UK ,
United Arab Emirates (UAE)
The U.S. withdrawal from the Iran nuclear proliferation deal known as the Joint Comprehensive Plan of Action (“JCPOA”) and the resulting reimposition of sanctions against Iran, especially secondary sanctions, i.e., sanctions...more