What do fairy-tales, horror movies, and sermons have in common? They all acknowledge the presence of evil in the world as well as the human beings’ disturbing capacity for destructive force. But how do we account for the existence and persistence of this human weakness? This century had embarked with…
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The global financial market has been constantly remodeling itself, more so in the wake of the global economic meltdown which tainted asset securitization activity. One can often draw parallels between the ever-changing economy and the manner in which securitization activity is fast becoming a desired source of diversified finance enabling…
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The New Abu Dhabi Strata Law Nothing sets my teeth on edge like a real estate hoarding screaming ‘Buy Now, Pay Later’. If one were to apply such signs in actual terms, I wonder whether the next hoarding that will knock my teeth off will read ‘Buy One, Get One…
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Spotting the Fake: Forgery Under UAE Law Part 2 of 2 In the previous issue, we discussed material aspects relating to forgery under UAE Criminal Laws and other statutes. We discussed broadly – the definition of forgery, types of forgery (material and moral), legal implications of denial in light of…
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Need for Speed: Summary Proceedings under UAE Law The judicial system of a country is the pivotal recourse that is available to the public in order to resolve their disputes without taking law and order in one’s hands. However, the courts consume time to analyze and conclude on an issue…
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Life of Debt ‘If I owe you a pound, I have a problem; but if I owe you a million, the problem is yours!’ -John Maynard Keynes Graffiti had set its tone loud and clear; just no one acknowledged it. The bad loan episode that recently gripped India’s banking sector…
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Commercial Agency Law in Kuwait “Without local guides, your enemy employs the land as a weapon against you.” -Sun Tzu, The Art of War Little did the great Chinese military general, Sun Tzu, know that his guidance on how to wage a war would draw similarities in the today’s commerce…
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Clash of Jurisdictions Applicability of Islamic Finance Principles under English Law As in any religion, one may argue, there exists a spectrum of devout belief spanning from those who strictly follow the teachings of the Qur’an, to those that rarely feel the impact of their faith on a daily basis.…
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Aircraft Mortgages STA's team of aviation lawyers discuss the technical aspects surrounding aircraft financing, mortgages, governing law and court precedents under global context. An economy's financial markets are critical to its overall development. Banking systems and stock markets enhance growth and development, the principal factor in poverty reduction.…
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The Fueling of MLM through Bitcoin Pragya Gianani; Shahed Abdul-Dayem; and Faraz Salat discuss the legal aspects surrounding multi-level marketing and usage of bitcoins. Any entrepreneur will tell you that the success or failure of a startup, business idea, or product depends on demand. Supply and demand are the…
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Corporate Liability: The UK Bribery Act If you can shift your thinking away from merely selling and into building trust instead, even if it costs you a few bucks in profit, you’ll begin to see opportunities you never imagined once you understand what it means to ‘wow’ that customer by…
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Agency Law of Russian Federation - FAQs STA continues to be in the vanguard of trade and commerce across national boundaries. As we continue to advise clients on matters of franchise and agency law within the Russian marketplace, in this issue we take a close look at the Russian law…
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Trademark Infringements in India Think about a company. It has spent a lot of money. First, in making a one-of-a kind product, and then in advertising it to the world. The product becomes a hit, taking the company to greater and greater heights. It spreads like wildfire. But one day,…
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Re-MEDIA-ble – A discussion on contracts relevant to Media and Entertainment Industry In this Article, Zisha Rizvi discusses the ongoing trends in the Media and Entertainment Industry within the United Arab Emirates, the status of free zone media houses and a brief on the compliance requirements. “I holly- wood”. On…
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