DIAC and LCIA Announce Agreement Regarding Existing DIFC-LCIA Cases

The Dubai International Arbitration Centre (“DIAC“) and the London Court of International Arbitration (“LCIA“) have announced in a joint press release that the LCIA will administer all existing cases under the DIFC-LCIA Rules from London.

The announcement follows Decree No. 34 of 2021 (the “Decree“) concerning the Dubai International Arbitration Centre. The Decree had the effect of dissolving the Dubai International Financial Centre Arbitration Institute (“DAI“), the DIFC entity that operated the DIFC-LCIA Arbitration Centre (“DIFC-LCIA“) in a joint venture arrangement with the LCIA and transferred the assets, rights and obligations of those centres to DIAC…

Read the complete story here.

Featured Arbitrators

View all

Read these next


New Town Elder Arbitration Rules

The effort to cut arbitration costs has led to the promulgation of a new tech-assisted model that David Rivkin refers to as the Town Elder Arbitration Rules, which are meant...

By Stacie Strong

Canada – Enforcing Award’s Remedy Excludes Substituting Court’s Own Remedy

This article first appeared on Urbas Arbitral, here. In Abittan v. Wilcox, 2020 ONSC 6836, Mr. Justice Frederick L. Myers reiterated the “consequences” of agreeing to submit disputes to arbitration, limiting...

By Daniel Urbas

International Commercial Arbitration: The Applicable Laws Theorem

This article first appeared on the Thomson Reuters Arbitration blog, here. One of the most interesting aspects of international arbitration are the applicable laws. For me, what makes international arbitration stand out as...

By Frederico Singarajah

Find an Arbitrator