Maritime Law Firm in the Middle East
Fichte & Co
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No 21,4th floor, Building No 4 Khosravi St. Vaziri pour Ave, Mother Sq, Mir Damad Tehran Iran |
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+98 21 26405277
+98 21 26405279
Firm's Profile Articles Published by Fichte & Co
DIFC Courts Hears First Non-DIFC Case since Jurisdiction Expansion - SME's Stand to Benefit Most
The first non-DIFC case has now been heard in the DIFC Courts’ Small Claims Tribunal. The matter concerns the non-payment of an invoice between two Dubai-based companies. SCT can hear claims up to 500,000 AED. Procedures are in English and 90% of cases get settled in three weeks. The DIFC Courts provides a cost-effective forum, especially for SME's. SME’s should contact a lawyer to assist when the disputed amount is at high end of the cap.
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