DIAC Arbitration Rules 2022: A new chapter for DIAC
Produced in partnership with Vivek Kapoor of 39 Essex Chambers
Practice notesDIAC Arbitration Rules 2022: A new chapter for DIAC
Produced in partnership with Vivek Kapoor of 39 Essex Chambers
Practice notesThis Practice Note considers the effect of the replacement of the DIAC Arbitration Rules 2007 with rules in 2022 and the effect of Decree No 34 of 2021 Concerning the Dubai International Arbitration Centre (Decree No 34).
Introduction
Dubai International Arbitration Centre (DIAC) has issued the DIAC Arbitration Rules 2022 (2022 Rules). The 2022 Rules came into effect on 21 March 2022, replacing the previous DIAC Arbitration Rules 2007 (2007 Rules).
2022 Rules have been introduced following the controversial Decree No 34 of 2021 Concerning the Dubai International Arbitration Centre (Decree No 34). Decree No 34 abolished: (a) the DIFC Arbitration Institute (DAI), which is the entity that had entered into a joint venture with the London Court of International Arbitration (LCIA) for the DIFC-LCIA Arbitration Centre; and (b) the Emirate Maritime Arbitration Centre (EMAC), and merging the DAI and EMAC into DIAC. Decree No 34 further provided that:
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arbitration agreements providing for arbitration at DAI and EMAC would remain valid and effective but that DIAC would substitute these centres
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