US Court Refuses to Enforce a DIFC-LCIA Arbitration Clause due to Abolishment of the DIFC-LCIA Arbitration Centre
On 6 November 2023, the United States (“US“) District Court of New Orleans, Louisiana (“Louisiana Court“) rendered a decision on the enforceability of a DIFC-LCIA arbitration clause. The Louisiana Court ruled that the DIFC-LCIA arbitration clause was unenforceable because it referred to an arbitral institution that had been abolished. This decision from the Louisiana Court…