From: Sultan Bin Sulayem To: Jeffrey Epstein <[email protected]> Subject: The DIFC Court "Goes global Date: Sun, 04 Dec 2011 08:28:50 +0000 Attachments: ATT00001..bin If you have oblemsviewin, this email. ocean view it as a web DECEMBER 2011 The DIFC Court "Goes Global" A recent development in Dubai's court system has expanded the scope of the DIFC Courts' jurisdiction so that it is now available as an "opt in" jurisdiction to all parties worldwide. This is a potentially significant development, which could have a considerable impact on companies and individuals who are considering appropriate dispute resolution mechanisms for contracts and disputes in the Middle East. This development could lead companies to select the DIFC Courts to resolve their disputes regardless of where they are in the world. We envisage that this change will in particular have a significant impact on financial institutions operating in the MENA region, among others, and as such we believe that this is a development that all businesses, whether currently operational in the Middle East or planning to expand into the region, should be aware of. What has happened? We await publication of the legislation, but the DIFC Court has announced that a decree has been promulgated which extends the scope of the jurisdiction of the Courts of the Dubai NOTE: Thrs evatissistricmatetzewe Vtifiliergdett elltelitite-05r1d can agree to refer their disputes to the DIFC Courts, regardless of whether there is any connection between the subject matter of their dispute and the DIFC. In other words, two or more contracting parties that have no connection whatsoever with the DIFC can now choose to have their disputes resolved before the DIFC Courts. Why is this significant? EFTA00661030