Dubai Issues Judgment in Support of International Arbitration
Type
E-journal
Date
28 Mar 2016
Jurisdiction
Dubai
Taxonomy
Arbitration, International Arbitration
Copyright
LexisNexis
Relevant company
Al Tamimi & Company
Analysis
In a ruling from November 2014 which has recently come to light, the Dubai Court of Cassation confirmed the Court of Appeal's decision and, inter alia, granted recognition of a foreign arbitral award pursuant to the provisions of the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards.
Summary of the Facts
In summary of the facts, the dispute arose out of and in connection with a distribution agreement concluded between Claimant (German Company) and Respondent (UAE Company) providing for arbitration under the auspices of the ICC. The seat of arbitration was Stuttgart, Germany.
The Claimant successfully filed a claim before the Dubai Court of First Instance seeking the recognition of a foreign arbitral award rendered in Stuttgart, Germany. The Respondent subsequently appealed to the Dubai Court of Appeal, which upheld the decision of the Court of First Instance. The Respondent challenged the appeal court's decision before the Dubai Court of Cassation.
The Dubai Court of Cassation