DIFC Courts Cement Role as Top English Dispute Resolution Choice
- Date: 25-Apr-2024
- Source: Arabian Post
- Sector:Financial Markets
- Country:UAE
DIFC Courts Cement Role as Top English Dispute Resolution Choice
Arabian Post -The Dubai International Financial Centre (DIFC) Courts solidified its position as a leading forum for resolving business disputes in the Middle East, according to the court’s recently released annual report for 2023. The English-language, common law court system witnessed continued growth across various case sizes, attracting both large corporations with complex legal matters and smaller entities, including small and medium-sized enterprises (SMEs) and individuals, for their disputes. […]
via DIFC Courts Cement Role as Top English Dispute Resolution ChoiceArabian Post -
The Dubai International Financial Centre (DIFC) Courts solidified its position as a leading forum for resolving business disputes in the Middle East, according to the court’s recently released annual report for 2023. The English-language, common law court system witnessed continued growth across various case sizes, attracting both large corporations with complex legal matters and smaller entities, including small and medium-sized enterprises (SMEs) and individuals, for their disputes.
The DIFC Courts’ jurisdiction expansion seems to be a contributing factor to this growth. As Chief Justice Michael Hwang commented, this expansion makes the courts “even more accessible to the communities” they serve, providing businesses with a wider range of options for dispute resolution.
The report highlights the increasing popularity of the DIFC Courts