How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask UKSolicitorJA Your Own Question
UKSolicitorJA
UKSolicitorJA, Solicitor
Category: Law
Satisfied Customers: 4312
Experience:  English solicitor with over 12 years experience
62162956
Type Your Law Question Here...
UKSolicitorJA is online now

when trading in the Dubai International Financial centre

Resolved Question:

when trading in the Dubai International Financial centre should the contracts be governed by UK or DIFC?

The company we are working with have suggested that DIFC decisions are more likely to be enforced in Bahrain and would therefore offer us increased protection in the unlikely event of litigation taking place.

Submitted: 2 years ago.
Category: Law
Expert:  UKSolicitorJA replied 2 years ago.
Hello,
You may choose which law will govern the contract between you and the company you are working with. It could be either UK law of DIFC law. However, DIFC law is modelled on English law and the company may be correct that DIFC decisions are better upheld in Bahrain as both. Bahrain and UAE are Gulf Cooperating Countries.
I would not be worried if you accept DIFC law as the law to govern your contracts. In fact, DIFC laws have been drafted by 3 major UK law firms.
You may read up on DIFC laws here
http://www.difc.ae/laws-regulations
May I help further?
UKSolicitorJA and 2 other Law Specialists are ready to help you

Related Law Questions