Article
DIFC Courts Set Aside A DIAC Arbitral Award
The DIFC Court of First Instance has applied the precedent set in Oheo Bank v Parker to set aside an entire DIAC arbitral award, marking the first time a complete award has been invalidated on procedural fairness grounds. The case involved a dispute over diesel cargo delivery where the tribunal decided on unpleaded issues, denying one party the opportunity to present its case on matters fundamental to the outcome.
K&L Gates LLP