The Qatar International Center for Conciliation and Arbitration (QICCA) at Qatar Chamber continued the activities of its ‘Legal Week’ in the second day with a webinar titled ‘Arbitration Updates in the State of Qatar’.
The virtual event, which will last till April 1 through video conferencing, featured informative presentations and discussions examining many topics and issues related to arbitration.
The second day’s session, which was held on Monday March 29, was moderated by Dr. Mansour Al-Saadi.
Addressing the webinar, lawyer Lahdan Al-Mohannadi spoke about emergency arbitration, stressing that this type of arbitration, which is adopted by major arbitration institutions to settle disputes that require swift solutions and urgent measures, enhances the investment environment, and encourages more foreign investors.
Al Mohannadi said that emergency arbitration is consistent with the nature of arbitration itself as it is a flexible and rapid mechanism for settling disputes, urging Arab arbitration institutions and QICCA to adopt the emergency arbitration in their rules.
On her part, Dr. Mona Al-Marzouki reviewed the implementation of foreign arbitration awards in Qatar and conditions for implementing arbitration awards issued outside Qatar, indicating that the interest in arbitration is grwoing because of the rapid pace of commercial transactions as well as the need for institutions and investors to find a short way to settle disputes.
On the other hand, lawyer Issa Al Sulaiti elaborated on the cases in which a claim for annulment of an arbitral award is accepted, while Eng. Khalid bin Ahmed Mubarak Al-Nasr discussed practical problems in ad-hoc arbitration in Qatar, indicating that it helps in speeding up the settlement of commercial disputes and guarantees confidentiality and specialization of experts, as well as it eases the burden of the normal judiciary.
Al-Nasr added that ad-hoc arbitration faces a number of problems, including the appointment of the arbitral tribunal from the list of experts, the lack of rules, and the absence of a specific mechanism for identifying the fees of the arbitral tribunal.
هذه الصفحة متوفرة ايضاً باللغة: Arabic