Business disputes are inevitable. When negotiation fails, litigation becomes necessary. In Egypt, commercial disputes are primarily handled by specialized courts known as Economic Courts.
What are Economic Courts?
Established by Law No. 120 of 2008, Economic Courts are specialized circuits designed to handle investment, banking, and intellectual property disputes. Their goal is to provide faster justice compared to the overcrowded civil courts.
Types of Cases Handled
- Banking Disputes: Issues related to credit facilities, letters of guarantee, and bad debts.
- Bankruptcy: Cases involving company insolvency and liquidation.
- Intellectual Property: Trademark infringement and copyright theft.
- Capital Market Law: Violations related to the stock market and financial services.
Facing a commercial dispute?
We have a proven track record in Economic Courts.
Contact Litigation TeamThe Litigation Process
- Preparation Board: Before the trial, a mediation attempt is mandatory for certain disputes.
- Filing the Case: Submitting a formal lawsuit with all evidence (contracts, invoices, correspondence).
- Expert Phase: The court often appoints a financial expert to review the accounts and technical details.
- Judgment: Economic Courts usually issue verdicts faster than regular courts.
Having a lawyer with specific experience in the Economic Court procedures is vital, as the procedural rules differ slightly from civil courts.