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Lawyers in Dubai
25 Apr 2021

Brief Overview of NFTS

Brief Overview of Non-Fungible Tokens (NFTs) Introduction Blockchain technology has been growing immensely over the past decade. This explosion urges us to delve deep into the different available options with regards to crypto investment. NFTs are a fairly nascent concept but are rapidly growing therefore, it is imperative for us…

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Lawyers in Dubai
20 Apr 2021

Abu Dhabi Stock Exchange-II

Part II: Abu Dhabi Stock Exchange The ADX (formerly the Abu Dhabi Securities Market) was established in the Emirate of Abu Dhabi on November 15, 2000. Its trading locations include the Emirates of Al Ain, Fujairah, Sharjah, and Ras Al Khaimah. The ADX is regulated by the ESCA, a federal…

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Lawyers in Dubai
20 Apr 2021

Abu Dhabi Securities Exchange

Part I: Abu Dhabi Securities Exchange - Investment Requirements Introduction Investing, as Warren Buffett, the legendary investor, describes, "…the process of laying out money now to receive more money in the future." It is a way to put money away when you're occupied with other things and make it work…

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Lawyers in Abu Dhabi
08 Apr 2021

Trial in UAE

Trial in UAE Introduction The UAE penal code is not entirely based on Islamic Sharia, but it does include some components. In the UAE, Sharia law exists and is used in limited situations, such as the payment of blood money. Some Sharia punishments, such as flogging, have been suspended in…

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Lawyers in Abu Dhabi
08 Apr 2021

Criminal Law: Theft

Criminal Law: Theft – Provisions, remedies, and procedure in the UAE Introduction Theft may only be perpetrated on an actual movable property that has monetary or nonmonetary value and belongs to someone else. Theft is described as the physical seizure of an object that can be stolen from the owner…

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Lawyers in Dubai
07 Mar 2021

Q & A: Third-Party Funding in UAE

Q & A: Third-Party Funding in UAE Introduction Third-party funding, also known as litigation funding, provides a business with a viable means of pursuing litigation, Arbitration and adjudicating claims. Third-party financing ensures that the legal needs are met with minimum risk and subsequently preserve the business's liquidity in case of…

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Financial Lawyers in UAE
20 Feb 2021

Environment 2020

Environment 2020 1. What is the main legislation governing contamination of land in this jurisdiction? What are the main penalties and how is liability determined? Bahrain Ministerial Order No. 21/1996 with respect to the Environment governs the issue of land contamination. Land is effectively protected by the prevention of indiscriminate…

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Financial Lawyers in Dubai
15 Feb 2021

Establishing Policies for Blockchain Technology

Establishing Policies for Blockchain Technology Introduction Blockchain can be considered as a breakaway technology and is currently a hot topic that has been the subject of numerous studies across various industries. Blockchain is briefly defined as a shared ledger database that records and shares every transaction that occurs in the…

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corporate lawyers in Dubai
15 Feb 2021

Business Exit Strategy Family Business

Business Exit Strategy for a Family-Owned Business Introduction  Companies like Walmart in the US and Reliance in India are some really successful examples of family-owned businesses. However, family and business are two parallel worlds that should ideally never meet. Operating a family business comes with its own challenges and results…

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Lawyers in Abu Dhabi
15 Feb 2021

Duress in Contract Law

Duress in Contract Law In UAE, all legal aspects in regards to contractual related issues are encapsulated under the UAE Civil Code and the UAE Commercial Code. It is difficult to establish between illegitimate and legitimate duress as in regards to commercial contracts, a certain level of duress is expected…

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Lawyers in Abu Dhabi
20 Jan 2021

Avoidance of Double Taxation – UAE India

Avoidance of Double Taxation (DTAA) – UAE & India Introduction  Benjamin Franklin once said, there are two things you cannot avoid; death and taxes. In a country like the UAE, where tax is almost invisible, corporate tax is levied on oil companies and foreign banks as part of the corporate…

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Financial Lawyers in UAE
09 Jan 2021

Securing Interest over Movable Assets

UAE: Federal Law Number 4 of 2020 on Securing Interest over Movable Assets  Introduction  Federal Law Number 20 of 2016 concerning mortgage of movable properties has been repealed and replaced by the introduction of Federal Law Number 4 of 2020 on securing interest over movable assets. It is imperative to…

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Lawyers in Abu Dhabi
07 Jan 2021

Legislative Amendments to freehold Ownership AUH

Abu Dhabi: Legislative Amendments to freehold Ownership Laws Introduction  Abu Dhabi, being the capital of the UAE, is a sea of opportunity for growth of the business, investment, technical and urban development. However, it has yet to reach its full potential.  A research conducted by the Abu Dhabi Urban Planning…

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Criminal Lawyers in Dubai
07 Jan 2021

Inchoate crimes-criminal responsibility

Inchoate crimes and criminal responsibility Introduction  As a general rule, criminal codes punish all those criminal acts preceding the commission of a crime. The liability hereunder is determined by the intention to commit the crime. It is to be kept in mind that, merely thinking about committing a crime does…

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