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Dubai - A legal seminar organised by the Faculty of Law at the University of Dubai (UD) recently highlighted the crucial role of the DIFC Courts in resolving all civil and commercial disputes, including those related to financial transactions, debt collection or employment matters.
Presenting the seminar titled ‘Experiences of an Emirati Judge at DIFC Courts’, Justice Shamlan Al Sawalehi said, “The power of (the) DIFC Courts is in their ability to enforce international rulings in Dubai and the UAE and guarantee that their judgments will be enforced across the GCC nations and many other countries in the world.”
More than 30 legal and business professionals attended the seminar organised in the presence of Dr Eesa M. Bastaki, President of University of Dubai; Dr Harold Koster, Dean of Faculty of Law at UD; Natasha Bakirci, Assistant Registrar at the DIFC Courts; and Hajar Al Mas, Manager of Events and External Relations at the DIFC Courts.
Welcoming the participants, Dr Bastaki stressed the commitment of the university to promote awareness about the UAE legal systems and provide educational support for businesses and corporations.
Justice Al Sawalehi pointed out that the DIFC Courts were established to ensure the highest international standards of legal procedure expected by the global institutions operating in Dubai. He added that the existence of the DIFC Courts had supported major business and commercial projects in the country and assured foreign and local companies doing business in the UAE about legal protections.
Justice Al Sawalehi praised the law governing the DIFC Courts, stating that such advanced laws permit parties within the DIFC to select a legal jurisdiction of their choice other than the DIFC at the time they enter into contracts.
However, he explained that if parties do not specify a legal jurisdiction, the DIFC laws will be applicable by default. Additionally, since the end of 2011, parties outside the DIFC can opt in to the DIFC Courts jurisdiction, either in their contracts or after a dispute has arisen. -muaz@khaleejtimes.com
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