Dubai World Tribunal gets new judge

Dubai: The Chairman of the Special Tribunal Related to Dubai World, Sir Anthony Evans, announced on Monday the appointment of Sir David Steel, a DIFC Courts Judge, as the fourth member of the Special Tribunal. The Special Tribunal was established in 2009 by Decree No. 57 of 2009, as amended by Decree No. 11 of 2010, issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and provides the Chairman the power to appoint further members of the previously three-member Tribunal. The appointment of Sir David Steel will help to ensure the efficient adjudication of disputes related to the settlement of the financial position of Dubai World and its subsidiaries. So far, 80 cases have been filed with the Tribunal, whose bench also includes Michael Hwang SC and Sir John Chadwick.