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Dubai Courts Drastically Curtail Recoverability of Legal Fees in Arbitration under the ICC Rules
On 5 February 2024, the Dubai Court of Cassation (“DCC”) issued a judgment in Commercial Case No. 821/2023 (“DCC Judgment”). It upheld an earlier judgment of the Dubai Court of Appeal (“CoA”) which set aside an arbitration award issued under the ICC Rules of Arbitration 2021 (“ICC Rules 2021”) in part concerning the recovery of…