Al Mazmy

Arbitration Law

Arbitration Law

Yaqoub Almaazmi Advocates & Faragallah Legal Consultancy - Leading Arbitration Lawyers in UAE

At Yaqoub Almaazmi Advocates & Faragallah Legal Consultancy, our specialized team of arbitration lawyers in Dubai boasts a wealth of experience in managing arbitrations administered by the Dubai International Arbitration Centre (DIAC).

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Our arbitration lawyers in UAE demonstrate unparalleled proficiency in navigating through the complexities of arbitration procedures, underpinned by their comprehensive understanding of both local and international arbitration laws. This expertise ensures that our client’s interests are safeguarded at every stage of the arbitration process, from the initial drafting of arbitration agreements to the enforcement of arbitral awards.

Receive Bespoke Solutions From the Top Arbitration Law Firm in UAE

Our firm is committed to delivering bespoke arbitration solutions tailored to each client’s unique needs. We pride ourselves on our strategic approach, diligent preparation, and tireless advocacy. Our team’s profound knowledge of sector-specific issues and their adeptness in applying innovative legal strategies set us apart.

With an excellent reputation amongst arbitration law firms in Dubai, our mission is to provide our clients with legal representation and a partnership that supports their objectives and contributes to their success in resolving complex disputes efficiently and effectively.

Arbitration Law under DIAC include:

Enforceability of Arbitration Agreements:

The UAE Arbitration Law recognizes the enforceability of arbitration agreements, allowing parties to choose arbitration as the preferred method for resolving disputes. DIAC is a prominent institution that administers such arbitrations.

Arbitral Tribunals:

Arbitration proceedings, often administered by DIAC, involve arbitral tribunals comprising arbitrators chosen by the parties. This selection process ensures that the tribunal possesses the necessary expertise for a fair and informed resolution.

Arbitration Procedures and DIAC Rules:

The arbitration procedures, whether initiated by the parties or under the auspices of DIAC, can be tailored to the specific needs of the dispute. DIAC has established rules that govern the arbitral process, ensuring clarity and efficiency.

Confidentiality and DIAC's Role:

Arbitration proceedings, particularly those managed by DIAC, benefit from confidentiality, providing parties with a level of privacy not always available in traditional court settings. DIAC's involvement emphasises the efficiency and confidentiality of the arbitration process.

Arbitration Awards and DIAC Recognition:

Awards rendered by arbitral tribunals, often under the administration of DIAC, are final and binding. The UAE Arbitration Law provides for the recognition and enforcement of these awards, contributing to the efficacy of the arbitration process.

Interim Measures and DIAC Procedures:

DIAC, in line with international best practices, allows for the grant of interim measures or preliminary orders by arbitral tribunals to safeguard the rights of parties during arbitration proceedings.

Challenge and Annulment of Awards:

The UAE Arbitration Law, including DIAC procedures, outlines limited grounds for challenging or seeking the annulment of arbitral awards, reinforcing the finality and effectiveness of the arbitration process.

International Arbitration and DIAC's Global Recognition:

The UAE, including DIAC, is a signatory to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, streamlining the international recognition and enforcement of DIAC-administered awards.

Serviced Offered by One of the Best Arbitration Law Firms in Dubai

At Yaqoub Almaazmi Advocates and Farag Allah Legal Consultancy, our specialised Arbitration Law team is experienced in handling arbitrations administered by DIAC. Our services include: 

  • DIAC Arbitration Agreement Drafting: Assisting clients in drafting DIAC-specific and enforceable arbitration agreements tailored to their needs. 
  • DIAC Arbitration Proceedings Representation: Representing clients in DIAC-administered arbitration proceedings, ensuring compliance with DIAC rules and procedures. 
  • DIAC Award Recognition and Enforcement: Assisting in the recognition and enforcement of awards rendered in DIAC-administered arbitrations, both domestically and internationally. 
  • DIAC Procedures Compliance:Ensuring compliance with DIAC procedures and rules throughout the arbitration process, from initiation to the rendering of the final award. 

As a law firm committed to providing effective dispute resolution solutions, Yaqoub Almaazmi Advocates & Faragallah Legal Consultancy is your trusted partner in navigating DIAC-administered Arbitration Law in the UAE. Whether you are considering DIAC arbitration or are already involved in DIAC proceedings, our expertise is dedicated to achieving efficient and satisfactory outcomes. Welcome to a legal partnership focused on streamlined and effective dispute resolution through DIAC-administered arbitration in the UAE. 

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FAQ's

How does arbitration work in the UAE?

Arbitration in the UAE is governed by Federal Law No. 6 of 2018, also known as the UAE Arbitration Law. It follows a similar process to other international arbitration laws, with parties agreeing to resolve their disputes through arbitration instead of traditional litigation.

An arbitration agreement is required for a dispute to be resolved through DIAC arbitration. This agreement outlines the terms and procedures for the arbitration process.

How long does DIAC arbitration take?

The duration of DIAC arbitration depends on the complexity of the case, cooperation between parties, and the number of witnesses and evidence presented.

What is the arbitration clause in the UAE?

The arbitration clause in the UAE is a contractual provision that stipulates the parties’ agreement to resolve any disputes through arbitration. It typically outlines the rules and procedures to be followed in case of a dispute, such as selecting an arbitral institution like DIAC, appointing arbitrators, and determining the governing law for the proceedings. Including an arbitration clause in contracts is common practice in the UAE to ensure a more efficient and confidential resolution of disputes.

What is Article 53 of the UAE arbitration law?

Article 53 of the UAE Arbitration Law provides that an application for the nullification of an arbitral award must be submitted within 30 days from the day the award was served to the party seeking nullification. Furthermore, during the process of the Appeal Court reviewing an application for the ratification of the award, the arbitral award can also be contested.

As stated in Article 53, the grounds for nullification include a range of situations, such as the unenforceable arbitration agreement, a lack of capacity by a party to enter into the arbitration agreement, or the Arbitration Panel overstepping its jurisdiction. Additionally, if the dispute’s subject matter is unsuitable for arbitration or if the award goes against the UAE’s public order or morality, the Appeal Court has the authority to independently declare the award as null and void.

What are the three types of arbitration?

The three main types of arbitration are ad hoc, institutional, and fast track. Ad hoc arbitration is when the parties involved in a dispute agree to resolve it through arbitration without involving any specific arbitral institution. Institutional arbitration, on the other hand, involves an established arbitral institution that provides administrative support and sets rules for the proceedings. Fast track arbitration involves accelerating the arbitral process to resolve the matter within the shortest practical timeframe. If the time limit expires without resolution, the arbitrator’s decision is void unless the court extends the deadline.

Why Choose Our Arbitration Law Firm in Dubai?

Arbitration can be a daunting and complex process. That’s why we strive to provide our clients with personalized and comprehensive services catering to their needs. Our team of experienced arbitration lawyers in UAE has a deep understanding of both local and international laws, as well as the intricacies of DIAC procedures. This expertise allows us to develop tailored strategies for each case, ultimately giving our clients the best chance of success.

Additionally, we understand the importance of confidentiality in arbitration proceedings and prioritize maintaining discretion in all aspects of our services. Our commitment to providing excellent legal analysis and continued support post-arbitration sets us apart as one of the top arbitration law firms in Dubai.

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