US COURT REFUSES TO ENFORCE A DIFC-LCIA ARBITRATION CLAUSE DUE TO ABOLISHMENT OF THE DIFC-LCIA ARBITRATION CENTRE

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.

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