Saudi Arabia: Implementing Regulations to Commercial Courts Law Approved
Saudi Arabia’s Justice Minister has announced the Implementing Regulations to the Commercial Courts Law have been approved. The Regulations include various procedures and rules for the Kingdom’s commercial court system. They include controls for using the private sector and licensing technical opinions and expanding experts. They also set out procedures for grievances and objections to performance orders, raising appeals, defining judgments and decisions with or without pleadings, seeking reconsideration and denunciation, the length of consideration of uncomplicated cases, their procedures and the conditions and rules of collective lawsuits. The aim is to raise judicial quality in this area and ensure disputes can be adjudicated quicker. It is also aimed at consolidating the Kingdom’s commercial environment and providing better protection of commercial rights to attract more investment.