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Delay Penalty in Construction Contracts
Jan 2017

Delay Penalty in Construction Contracts

Delay Penalty in Construction Contracts “No construction project is risk-free. Risk can be managed, minimized, shared, transferred or accepted. It cannot be ignored” -Michael Latham Scope and usage of back-to-back contracts Back-to-back contracts are becoming an increasingly common feature of construction projects. Construction projects typically involve the collaboration of three…

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Due Diligence Lawyers UAE
Jan 2017

Post-Closing Transactional vs Ongoing Enterprise Due-Diligence

 Post-Closing Transactional vs Ongoing Enterprise Due-Diligence “Diligence is the mother of good fortune.”  -        Miguel de Cervantes Saavedra Introduction In July 2016, the Australian Securities and Investments Commission (ASIC) stated that it’s review of 12 initial public offerings (10 of which were small and mid-sized companies), found incredibly poor due…

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Pharmaceutical and Medicine Registration in Dubai UAE | STA Law Firm
Jan 2017

Medicinal Product Regulation and Product Liability in the United Arab Emirates: An Overview (Part I of II)

Medicinal Product Regulation and Product Liability in the United Arab Emirates: An Overview (Part I of II) 1.    What are the main legislation and regulatory authorities for pharmaceuticals in your jurisdiction? Response: Applicable Legislation:  Federal Law Number 4 of 1983 (Pharmaceuticals Law 1983) governs and applies to: ·        Pharmacists. ·        Pharmaceutical establishments.…

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STA Law Firm | Lawyers in Dubai
Jan 2017

Be Aware, else Beware (Part I of II)

Be Aware, else Beware (Part I of II) ‘Ignorance of the law excuses no man; not that all men know the law, but because it’s an excuse every man will plead, and no man can tell how to refute him’ -        {C}John Seldon The law has provided that an ignorance…

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STA Law Firm | Dubai Law Firm
Jan 2017

Different Strokes for Different Courts

Different Strokes for Different Courts In January of 2012, Macy’s, a renowned retail store, decided to sue Martha Stewart for entering into a contract with a rival retail store J.C. Penney, which they claimed breached their own contract with Martha Stewart for exclusive products in 2006. This led to a…

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 The Real Estate (Regulation and Development) Act, India
Jan 2017

Keys to your Indian Home

Keys to your Indian Home ‘The best investment on earth is earth’   Louis Glickman By now we all understand the aftermath of the recession, its effect on the economy, banks and financial institutions besides individuals and society at large. Speaking of a comparative jurisdictional approach, the effect of aftermath may…

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Aircraft Mortgages | STA Law Firm
Jan 2017

Aircraft Mortgages (Part II of III)

Aircraft Mortgages (Part II of III) “99% of everything done in the world, good or bad, is done to pay a mortgage. Perhaps the world would be a better place if everyone rented.” Thank You for Smoking (2005) - Nick Naylor (Aaron Eckhart) Due to the primarily finance driven world…

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UAE Construction Law
Jan 2017

Who is Liable to Pay when Circumstances for Construction Change?

Who is Liable to Pay when Circumstances for Construction Change? Construction has been one of the most dynamic industrial sectors in the Middle East due to the increase in need of palatial residential and office spaces that arise from the surfeit of expatriates that flock into the region every year.…

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Dubai Courts | STA Law Firm | Lawyers in Dubai
Jan 2017

Electronic Registration of Cases- Advantages and Legal Issues

Electronic Registration of Cases- Advantages and Legal Issues “The Internet is becoming the town square for the global village of tomorrow.” -Bill Gates Introduction Dubai has evolved to become the marketing and commercial hub of the Middle Eastern region. A surfeit of investors, traders and tourists flock into the Emirate on a…

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Company Formation in Sharjah International Airport Freezone
Dec 2016

Company Formation in Sharjah International Airport Free Zone : FAQ | STA Law Firm

Company Formation in Sharjah International Airport Free Zone (SAIF Zone) 1. What law established this Free Zone? Sharjah Emiri Decree Number 2 of 1995 established both the Free zone at Sharjah International Airport and the Sharjah Airport International Free Zone Authority. 2. What are the main internal regulations governing this…

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Oct 2016

A Competitive Equilibrium between Domestic Airlines and Exports: Analysis of US Case Law

‘People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public or in some contrivance to raise prices .’ The aviation industry is a highly dynamic sector dueto the surfeit of fiancial resources and capital thatare involved in…

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Oct 2016

An Insight into the Sports Industry

Court UnCourt July 2015 edition debated the need for specialized sports regulation in the MENA region. In this article, Zisha Rizvi discusses the types of property right and role of pirates, property rights of sports’ clubs, type of claims broadcasters would have, global framework of copyright laws, claims that players…

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Oct 2016

Judicial cooperation between ADGM and ABU DHABI judiciary

“If you want to make peace with your enemy, you have to work with your enemy. Then he becomes your partner.” -Nelson Mandela Free zones in the country have always experienced salient growth due to the flexible and international standards that are exhibited by the concerned authorities. The Abu Dhabi…

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Oct 2016

Key Decisions on Dubai Property Laws between 2009 and 2013 by Dubai Court of Cassation (Part II)

The global economic meltdown had an adverse effect on the real estate industry of the Middle East. However, the Dubai real estate sector has been flourishing post its emergence from the unfavorable market environment of the global recession. The multitude of the different types of properties available has been attracting…

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