Everyone who has a right of which he can dispose of is competent to submit that right to arbitration.
Generally, any dispute whatever of law or fact that can be compromised lawfully by way of an accord or satisfaction may be referred to arbitration.
Whereas arbitration clauses appear often nowadays in Government contracts with the private sector, as well as in agency contracts and other agreements.
UAE has promulgated an arbitration procedures contained in The Civil & Commercial Procedures Law No. 11/1992 regulate and codify this important aspect in UAE law.
Arbitration proceedings require particular care and attention especially that the arbitration provisions in the Civil & Commercial Procedures Law does permit the parties to apply different procedure than that prescribed in the law itself. It is often the case that the parties agree to apply the rules of The International Chamber of Commerce (ICC), the London Chamber of Commerce And Industry (ICCI), the Dubai Arbitration Center (DAC) or The Gulf GCC Arbitration Center in Bahrain.
Al Sherooq H&P Advocates and Legal Consultants are able to advise clients on the whole aspects and procedure involved locally or internationally up to conclusion and to represent clients before the arbitrators during the hearings domestically and internationally. Our legal team is also competent to act and has acted as arbitrators in various multimillion US Dollars arbitration claims such as commercial, insurance, marine and complex engineering disputes .
Questions relating to who may be appointed as the arbitrator or umpire, nomination of the arbitrators, their appointment and removal by the Court, scope of authority of the arbitrators or umpire, restrictions on court proceedings as to matters referred, time limits for arbitration proceedings, interlocutory procedure and pleadings, hearings, law applicable to the reference, experts advice, interim award, costs, interest, and setting aside of award; are all important legal matters that are vital to the protection of clients’ interest.