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Join Baker McKenzie and WBCSD (World Business Council for Sustainable Development) on Thursday 25th February in an interactive webinar to understand the complexities of ESG-related risks and to better mitigate litigation risks associated with ESG performance, reporting and disclosure. This complimentary session will begin at 09:00 EST / 14:00 UK / 15:00 CET for 90 minutes and you can register here. The global pandemic and the increasing drivers for climate action mean companies face significant…

UNITED ARAB EMIRATES A. LEGISLATION AND RULES A.1       Legislation International arbitration in onshore United Arab Emirates (UAE) continues to be governed by the UAE Federal Law No. 6 of 2018, to which no legislative amendment has been made since its promulgation. International arbitration in the offshore Dubai International Financial Center (DIFC) continues to be governed by the DIFC Law No. 1 of 2008. The DIFC-LCIA Arbitration Centre has released updated mediation and arbitration rules, which…

From 1 January 2021, the International Chamber of Commerce (ICC) will bring into force revised 2021 Rules of Arbitration (“2021 Rules”), replacing the current rules last updated in 2017. This is the third update within a decade and, as such, most of the changes are minor, expanding on provisions introduced in previous rule updates and ensuring the practical demands of international arbitration can be met. Notably, given the current global pandemic, the 2021 Rules include…

The UAE Federal Supreme Court has recently issued a judgment that tackles the ambiguity of an arbitration clause and the discrepancies between the English and Arabic translation of it. In the case in question, the arbitration clause was drafted in English and the issue arose as to whether or not the clause was explicit in commanding the parties to refer to arbitration as the agreed dispute resolution forum. The arbitration clause stated in case the…