Today the Courts of the Abu Dhabi Global Market (ADGMC), located in Abu Dhabi's international financial centre, released a raft of new procedural rules and directions. Included are the Court Procedure Rules (the ADGMC Rules), Practice Directions, a schedule of Court Fees and mandatory conduct rules applicable to legal practitioners appearing before the ADGMC. The ADGMC Rules came into force on 30 May 2016.
In addition the ADGMC has also published the Memorandum of Understanding (MoU) between the UAE Ministry of Justice and the ADGMC entered into on 15 May 2016.
The MoU deals with the manner in which the ADGMC and the UAE Ministry of Justice will cooperate in legal and judicial matters.
Today's announcement and the release of the ADGMC Rules follows over a year of consultation by the ADGMC, first begun on 7 January 2015.
Further detailed updates will follow soon, however, the publications today are significant as the procedural framework pursuant to which the ADGMC will operate and will interact with the UAE's Ministry of Justice is now publically available.