Abu Dhabi’s Arbitration Evolution: arbitrateAD replaces ADCCAC
Abu Dhabi to launch arbitrateAD, a modern arbitration centre, promising impartial and efficient dispute resolution, replacing ADCCAC.
A pivotal shift in Abu Dhabi's arbitration landscape
The Abu Dhabi Chamber of Commerce and Industry has heralded a pivotal shift in the Middle Eastern arbitration landscape with the impending launch of the Abu Dhabi International Arbitration Centre (arbitrateAD), slated to begin operations on 1 February 2024. This strategic development signals the closure of the Abu Dhabi Commercial Conciliation and Arbitration Centre (ADCCAC) and the birth of a new era in dispute resolution for the region.
A commitment to excellence and modernisation
The establishment of arbitrateAD underscores Abu Dhabi's commitment to positioning itself as a leading destination for dispute resolution, embracing global best practices and the evolving demands of the international business community. The new centre aims to provide a framework for impartial, independent, transparent, and efficient dispute resolution at both regional and international levels.
Leadership and vision
arbitrateAD will be steered by a panel of esteemed leaders in the field of international arbitration. His Excellency Abdulla Mohamed Al Mazrui takes the helm as Chairman of the Board, with Gary Born serving as Vice Chairman, Maria Chedid as President of the Court of Arbitration, and Kristin Campbell-Wilson as Executive Director. Their collective expertise is expected to drive the centre's mission to deliver world-class arbitration services.
Anticipating the new rules
While the specific governance structure and arbitration rules of arbitrateAD have yet to be disclosed, the legal community eagerly anticipates how they will compare to those of other prominent centres. The choice of the default seat of arbitration - whether in the Abu Dhabi Global Market (ADGM) or on-shore Abu Dhabi - and the nature of any affiliation with the ADGM Arbitration Centre remain key points of interest.
Transition and implications for existing contracts
The transition from ADCCAC to arbitrateAD will be carefully managed, with ongoing cases continuing under the existing rules until the new arbitrateAD rules are implemented. In light of recently reported concerns over the enforcement of awards rendered in DIAC arbitrations, where the contract originally provided for DIFC-LCIA arbitration, parties with contracts currently referring to ADCCAC should consider the potential implications of this transition and stay abreast of developments.
Looking forward
As we await further details on arbitrateAD's operational framework, we encourage our clients to review their dispute resolution clauses in light of these changes. Our team is prepared to assist with navigating the transition and ensuring that your interests remain protected during this period of change in the UAE's arbitration environment.
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