Special judicial bodies

There have been three recent legal developments in Dubai which are a reaction to the consequences of the economic downturn and which may mark the beginning of a change to aspects of the existing legal framework.

The first of these developments is the appointment of a judicial committee to consider and to settle all disputes concerning bounced cheques issued by buyers to developers. The second is the setting up of a panel to protect the creditors of Amlak and Tamweel. And the third is the appointment of a tribunal to oversee any disputes arising from the Dubai World restructuring.

There have been a number of articles concerning the legal niceties of these three bodies, and this article considers the broader implications of ring-fencing specific types of disputes by creating special judicial bodies in this way.

Bounced cheques