Book an appointment with us, or search the directory to find the right lawyer for you directly through the app.
Find out moreThis comprehensive guide is designed to help you navigate the intricate landscape of family business and private wealth in the Middle East, where family businesses constitute approximately 60% of GDP and employ 80% of the workforce in the GCC, offering unparalleled opportunities for wealth creation and preservation.
Packed with insights, strategies, and expert advice from our talented lawyers, Legacy provides tailored solutions to the unique challenges of asset protection, succession planning, and dispute resolution in this dynamic region.Read the publication and equip yourself with the knowledge and tools necessary to thrive, whether you’re a seasoned investor, a family business owner, part of the next generation, or a newcomer exploring opportunities in the region.
Read NowThe Bahrain Chamber for Dispute Resolution (the “BCDR”) has extended its ongoing efforts in enhancing the efficiency of Bahrain’s judicial system through introducing a new Legislative Decree 26 of 2021 amending certain provisions of Legislative Decree 30 of 2009 with respect to the Bahrain Chamber for Economic, Financial and Investment Dispute Resolution (the “Amendment”). The Amendment provides special care and flexible proceedings for high value cases, by expanding the BCDR’s jurisdiction to include a wider scope of cases.
Historically, the BCDR’s competence would be limited to claims that exceed BHD 500,000 (about US$ 1.3 million), and where at least one party is a financial institution licensed by the Central Bank of Bahrain; or the dispute is of an international commercial nature.
However and in accordance to the Amendment, as of 1 October 2021, the BCDR will have the jurisdiction to rule over – along with the above mentioned claims-, any claims involving commercial companies with a claim value exceeding BHD 500,000.
In conclusion, the Amendment provides the BCDR the competence to hear a wider pool of cases, giving entities a more specialised judicial body to look over such claims, in consideration of the nominal value of those disputes.
The Litigation team regularly advises on all aspects of the litigation disputes. If you require further information on the litigation process or any other matter relating to the judiciary system in Bahrain contact the team.
To learn more about our services and get the latest legal insights from across the Middle East and North Africa region, click on the link below.