Ben Bruton Weighs in on UAE’s New Arbitration Law

Dubai office Partner Ben Bruton, head of Winston’s disputes and investigations practice in the Middle East, discussed with Arabian Business the UAE’s formal adoption of a new arbitration law, which replaces the law in effect since 1992. In “Legal Experts Say New UAE Arbitration Law Will Encourage Investment,” the new law, which is based on the globally accepted UNCITRAL Model Law, is described as giving “both arbitral tribunals and courts…the power to order interim conservatory measures relating to ongoing or potential arbitrations.”

According to Ben, the change will bring the UAE “into line with the leading arbitration seats around the world in terms of the legislative framework within which arbitration operates.” He added: “It’s also likely to act as a tailwind on international investment into Dubai and the wider UAE with investors having increased confidence that that their arbitration awards will be enforced under a familiar and predictable regime. There has been a desire for several years within the business community to see this law passed and I expect it will be warmly welcomed.”