Neal v Nadir 2024 DIFC A 001 - Judgement - 19 March 2024
Country
Year
2024
Summary
... The seat of the relevant arbitration was London, England. The governing law of the substantive dispute was English law. The relevant arbitration agreement required disputes to be referred to arbitration under the DIFC - LCIA Rules, which by virtue of the Ruler’s Decree is to be taken, in this jurisdiction, now to refer to the DIAC Rules. That is the basis upon which the Arbitral Tribunal proceeded. ...
... The issue before this Court is whether or not an award on interim measures can be enforced in this jurisdiction when the seat of the arbitration lies elsewhere. This turns upon the proper construction of the Arbitration Law, DIFC Law No. 1 of 2008 as amended by DIFC Law Amendment Law, DIFC Law No. 1 of 2013. It is common ground between the parties that the Arbitration Law is based upon the UNCITRAL Model Law as amended in 2006 but does not include all of its provisions. ...