Arbitration Clause Validity Check

Summary

Arbitration clauses under ADGM rules are generally valid if both parties agree. Ensure the clause specifies arbitration as the resolution method and follows ADGM rules. For specific concerns, consult a legal expert familiar with ADGM.

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Is this clause right
The clause you mentioned refers to resolving disputes through arbitration under the rules of the Abu Dhabi Global Market (ADGM). Generally, such clauses are valid if both parties have agreed to this method of dispute resolution. Here are some key points to consider:
- The clause should clearly state that arbitration is the agreed method of dispute resolution.
- Specify the rules and procedures that will govern the arbitration (in this case, ADGM rules).
- Both parties should have explicitly agreed to this clause in their contract.
If you have specific concerns about the wording or enforceability, consulting with a legal expert familiar with ADGM rules would be beneficial. Are you currently drafting or reviewing a contract that includes this clause?