ARBITRATION ALERT

On 20 December 2023, the Abu Dhabi Chamber of Commerce and Industry announced the launch of a new arbitration centre in the Emirate, the Abu Dhabi International Arbitration Centre (ADIAC) which has been branded as arbitrateAD.

Effective 1 February 2024, the existing centre, the Abu Dhabi Commercial Conciliation and Arbitration Centre (ADCCAC), will be abolished and the ADIAC’s rules and governance structure will come into force.

Ongoing cases currently being administered by the ADCCAC will continue to be administered by the ADCCAC. However, from 1 February 2024, new arbitration cases will be administered by the newly-established ADIAC.

In terms of structure, the ADIAC will be chaired by Abdullah Mohamed Al Mazrouei and world-renowned arbitration practitioner, Gary Born, will serve as the Centre’s Vice Chairman. In addition, the ADIAC’s Arbitration Court will be presided over by Maria Chedid of US law firm Arnold & Porter, and the ADIAC’s operations will be overseen by former SCC Secretary General, Kristin Campbell-Wilson, who will serve as the ADIAC’s Executive Director.

 

Disclaimer
This publication does not provide any legal advice and it is for information purposes only. You should not rely upon the material or information in this publication as a basis for making any business, legal or other decisions. Any reliance you place on such material is therefore strictly at your own risk.

Author: Nathan Baikie

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Senior Associate – Nathan Baikie

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Senior Associate – Nathan Baikie

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