Wednesday 22 October 2014
 
»
 
»
Story

DIFC Courts may hear more international cases

Dubai, July 29, 2014

The number of international cases heard by the Dubai International Financial Centre (DIFC) Courts is likely to increase in the coming years, said a report.

Judge Ali Al Madhani was quoted in the Gulf News report as saying that he expects numbers to increase over time as awareness of the courts spreads.

The DIFC Courts cited an increase in familiarity and trust of the system by the business community for a 54 per cent rise in the total value of cases handled in the Court of First Instance in 2013.

“The business community likes the disputes to be determined in the language of the contract which is at issue. I suspect that even in this part of the world, but certainly worldwide, the vast majority of contracts are written in English,” said Justice Sir David Steel, a judge on at the DIFC Court, was quoted as saying in the report.
 




Tags: DIFC Courts |

More Government & Laws Stories

calendarCalendar of Events

Ads