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Financial Lawyers in UAE
05 Sep 2020

Corporate Governance Law for JSC

Corporate Governance Law for JSC Corporate governance can be stated as a set of regulations, mechanisms, its process, and relations by which corporations are controlled and operated. It is a system of governance where the interests of various stakeholders involved with the Company is taken care of. It covers every…

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Lawyers in Dubai
03 Sep 2020

Mismanagement by a Manager in a LLC

Mismanagement by a Manager in a Limited Liability Company A limited liability company (LLC) is a form of a company that is subject to the regulations of laws and the governing law for the management of a company in the United Arab Emirates (UAE) is Federal Law Number 2/2015 on…

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Lawyers in Dubai
01 Sep 2020

DIFC Data Protection Law, 2020

DIFC Data Protection Law, 2020 Dubai International Financial Center (DIFC), issued DIFC Law Number 5 of 2020, a new Data Protection Law ("DPL"), replacing the existing Data Protection regime, first enacted in 2007. DPL aims to strengthen its standards by providing enhanced controls for the Processing and free movement of…

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Lawyers in Dubai
10 Aug 2020

Distribution of Pharmaceuticals in India

Detailed FAQ on the Distribution and Import of Pharmaceuticals in India Distribution of Pharmaceuticals in India The Indian pharmaceutical distribution system has a limited number of orbits – the pharmaceutical manufacturers; the clearing and forwarding agents (CFAs/ depots); stockists; wholesalers; and retailers. Clearing and Forwarding Agents What constitutes the role…

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Lawyers in Dubai
10 Aug 2020

Securities Finance in Bahrain

Securities Finance in Bahrain What are Securities and Assets? Securities is a financial instrument that is negotiable and holds some type of monetary value. It is equivalent to an ownership position in a corporation through the stock. Securities can be categorized into three types: Equities Debts Derivatives Equities Equity security…

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Lawyers in Dubai
08 Jul 2020

Asset Management Regulations in UAE

Asset Management Regulations in UAE The asset management sector within the United Arab Emirates (UAE) is responsible for sustainable growth of financial sectors that aids in overseeing financial services and investment regime spread out across the seven Emirates. Investment management or asset management can be broadly apportioned into three sectors…

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Lawyers in Abu Dhabi
03 Jun 2020

Sweat Equity Shares

Sweat Equity Shares Sweat equity shares have proven to be a boon to the corporate world by way of promoting healthy competition and serving as a reward for the employees of the company while at the same time furthering the development of the company. Sweat equity shares are shares that…

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Lawyers in Dubai
03 Jun 2020

Competition Law in UAE

Competition Law in UAE If a certain organization succeeds in overtaking the market by outshining its competitors, then the competitors face abuse of a dominant position which leads to a competitive market being governed by erroneous marketing mechanisms. Such erroneous market mechanisms would also include within its ambit where two…

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banking lawyers in Dubai
03 May 2020

Transfer of Shares in UAE

Transfer of Shares in UAE The governing of transfer of shares in a company is done by Federal Law Number 2/2015 on Commercial Companies Law (CCL) in the United Arab Emirates (UAE). The different types of companies that can be set up under the CCL comprise of a joint liability…

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Financial Lawyers in UAE
02 May 2020

DMCC Company Regulations, 2020

DMCC Company Regulations, 2020 Regulations in the business world are essential and a mechanism to protect workers, public safety, businesses, and investments. However, regulations which are inefficient or inadequate can indeed stifle entrepreneurial activity and business growth which ultimately impacts the ease of conducting business. For instance, it takes about…

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corporate lawyers in Dubai
16 Apr 2020

Short Selling Provisions in EU

Short Selling Provisions in European Union A curious story emerged on 11 April 2017 when a man was charged with planting a bomb under the Borussia Dortmund football club team bus in April. It was initially suspected to be the work of terrorists but the truth was actually much stranger—it…

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Contracting Lawyers in Dubai
06 Apr 2020

MAC Clauses in M&A transactions

MAC Clauses in M&A transactions In M&A transactions, buyers continuously grapple with the risk of the business ultimately delivered on closing falling short of what the buyer agreed to acquire. The parties negotiate the allocation of the risk between the buyer and the seller; the material adverse change "MAC" provisions…

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Lawyers in Dubai
06 Apr 2020

Patent Laws in the UAE 2

Q&A on Patent Laws in the UAE (Part II of II)STA’s renowned Intellectual Property team has progressed with the second series of the Q&A on Patent Laws in the UAE based on popular demand by pundits in the intellectual property sphere. In this questionnaire, the Patent Division under the Intellectual…

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Financial Lawyers in UAE
06 Apr 2020

Side Agreements in UAE

Validity of Side Agreements in the United Arab Emirates A side letter or a side agreement is an agreement that is not part of the primary contract or agreement but is an ancillary to the primary contract. A side agreement is used by parties a contract to confirm additional details…

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