Many creditors are seeking payments from the government-owned investment company.

The Dubai World tribunal has been inundated with enquiries from more than 100 lawyers and creditors that claim the government-owned investment company owes them money.

Speaking to UAE newspaper The National, Mark Beer, registrar of both the tribunal and Dubai International Financial Centre Courts, said he had been contacted by many people about filing for the tribunal in the wake of Dubai World’s $26 billion restructuring.

Forms and other resources have been made available by the tribunal for people who believe they have a claim. There is also a website with an electronic filling system, allowing claimants to send and receive documents online.

The tribunal was created in a decree on December 13 by Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai. A mixture of DIFC’s insolvency law, based on British common law, and parts of US law were combined to create the decree for Dubai World’s voluntary restructuring, The National reported.

Dubai World or its subsidiaries can file a voluntary arrangement notice, automatically granting it 120 days to negotiate with creditors, under the terms of the decree.

“The Americans are well known for a restructuring system, which just operated in the case of General Motors,” Sir Anthony, one of three judges presiding over the tribunal, reportedly said last month. “The idea is to restructure and continue, which is the opposite of liquidation.”

Michael Hwang and Sir John Chadwick are the other two judges overseeing the tribunal.