Use of Specialized Tribunals for the Settlement of Construction Projects in Times of a Financial Crisis

Q2 Social Sciences

Global Journal of Comparative Law Pub Date : 2023-09-12 DOI:10.1163/2211906x-12030002

Mohammad Ibrahim Abdulrahim Abdulla

引用次数: 0

Abstract

Abstract Financial crises have ripple effects throughout several sectors. Both the 2008 financial crisis and the recent covid -19 crisis significantly impacted the financial sector. The government of Dubai devised numerous legislative solutions to the 2008 crisis, one of which was creating special tribunals. The success of the legislative remedies adopted by Dubai’s government during the covid -19 crisis is also worthy of attention. This study aims to draw lessons from both crises in recognition of their considerable potential to serve as remedies during emergencies. Moreover, it seeks to analyze arbitration and insolvency/bankruptcy procedures utilized by specialized tribunals.

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在金融危机时期使用专门法庭解决建设项目

金融危机对多个部门都有连锁反应。2008年的金融危机和最近的covid -19危机都对金融业产生了重大影响。迪拜政府为2008年的金融危机设计了许多立法解决方案，其中之一就是设立特别法庭。迪拜政府在新冠肺炎危机期间采取的立法补救措施取得成功也值得关注。本研究旨在从这两次危机中吸取教训，认识到它们在紧急情况下作为补救措施的巨大潜力。此外，它还试图分析专门法庭使用的仲裁和破产/破产程序。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Global Journal of Comparative Law Social Sciences-Law

CiteScore

0.90

自引率

0.00%

发文量

期刊介绍： The Global Journal of Comparative Law is a peer reviewed periodical that provides a dynamic platform for the dissemination of ideas on comparative law and reports on developments in the field of comparative law from all parts of the world. In our contemporary globalized world, it is almost impossible to isolate developments in the law in one jurisdiction or society from another. At the same time, what is traditionally called comparative law is increasingly subsumed under aspects of International Law. The Global Journal of Comparative Law therefore aims to maintain the discipline of comparative legal studies as vigorous and dynamic by deepening the space for comparative work in its transnational context.