Translation of Law No. 120 of 2008
The Translation of Law No. 120 of 2008 provides an English rendering of the Egyptian law that established the Economic Courts. Law No. 120 of 2008 introduced a specialized judicial framework for handling certain economic, commercial, financial, and investment-related disputes, with the aim of creating a more focused court system for matters requiring technical and sector-specific expertise.
The Establishing Economic Courts Law regulates the structure and jurisdiction of these courts, including primary circuits, appellate circuits, and economic felony circuits. It also defines the types of disputes and criminal cases that fall within their jurisdiction, covering areas such as capital markets, banking, investment, companies, consumer protection, intellectual property, competition, telecommunications, electronic signatures, anti-money laundering, and cybercrime.
The law also includes procedural rules designed to support more efficient case management, including preparation and mediation procedures, the use of specialized experts, rules for appeals, and provisions relating to electronic filing, electronic service, and electronic conduct of proceedings. These provisions reflect the law’s role in modernizing litigation procedures for economic disputes in Egypt.
The translation of Establishing Economic Courts law is intended to help English-speaking readers, legal professionals, investors, and researchers understand the legal framework governing Egypt’s Economic Courts. The Translation of Law No. 120 of 2008 serves as a practical reference for reviewing the organization, jurisdiction, and procedures introduced under Law No. 120 of 2008.
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