In the first case before the DIFC Courts to consider the abolition of the DIFC-LCIA Arbitration Centre, a judge has continued an injunction restraining litigation filed in Sharjah in breach of an agreement to arbitrate at the defunct institution. Lawyers at Stephenson Harwood in Dubai, who acted for the successful claimant, report.
08 October 2024
Kuwaiti logistics group Agility says it has won an ICC award worth over US$1.17 billion in another arbitration against Iraqi mobile operator Korek Telecom.
16 September 2024
DECISION NOW PUBLIC: A court in the Dubai International Financial Centre has upheld an ICC award worth US$1.6 billion that found a prominent Iraqi businessman had conspired to bribe public officials – dismissing arguments that the tribunal relied on unlawfully procured evidence.
30 August 2024
The Dubai International Finance Centre Court of Appeal has affirmed that a provisional award granting interim measures in a foreign arbitration is enforceable as an “award” under the DIFC’s arbitration law.
04 April 2024
A court in Dubai’s financial freezone has refused to grant an injunction to prevent enforcement of a US$490 million judgment against Iraqi Kurdistan pending an ICC arbitration.
19 July 2023
UPDATED: A court in the Dubai International Financial Centre has rejected an Iraqi state oil company’s challenge to an ICC award despite the arbitrators’ finding that the claimant engaged in “unethical and illicit” conduct by making payments to a member of parliament.
13 February 2023
Unlock unlimited access to all Global Arbitration Review content