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Contracting Lawyers in Dubai
27 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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Financial Lawyers in UAE
27 Apr 2020

Validity of Side Agreements in the United Arab Emirates

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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Lawyers in Dubai
26 Apr 2020

An Analysis of Design Rights in India

An Analysis of Design Rights in India Have you ever crossed a person who doesn't love owning branded phones, shoes, cars, or jewellery? I don't think so. But for a fact, we can say that many people buy products that are copies of various original brands. Why? Because in today's…

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Lawyers in Abu Dhabi
22 Apr 2020

Special Purpose Acquisition Company

Special Purpose Acquisition Company One or more private individuals/entities can create a Special Purpose Acquisition Company (SPAC) for the special purpose of acquiring interest in one or more existing companies or businesses by raising capital through an initial public offering (IPO), and therefore, receive profit from such a merger, acquisition…

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Law Firms in Dubai
21 Apr 2020

Country Guide: Consumer Protection and Product Liability in Bahrain and Oman

Q&A on Consumer Protection and Product Liability in Bahrain and Oman Sources of law Q1. What are the principal legislation and regulation pertaining to product liability? The main areas of law and regulation relating to product liability are: I. Oman Product liability is regulated by the: Consumer Protection Law (Royal…

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corporate lawyers in Dubai
21 Apr 2020

Short Selling Provisions in the European Union

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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Lawyers in Dubai
06 Apr 2020

Q&A Patent Registration in the UAE (Part 2 of 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…

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Lawyers in Dubai
05 Apr 2020

How to Get Away with (a) Building

How to Get Away with (a) Building? A short essay on joint development agreements, musataha structures and constructions on third-party property. Queen Elizabeth II is frequently regarded as the owner of one of the world’s largest real estate portfolio with properties in the United Kingdom, Ireland, Falkland Islands and Canada…

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banking lawyers in Dubai
31 Mar 2020

Insolvency Law in the UAE

Insolvency Law in the UAE N Anand With UAE’s emergence as a global business hub, owing to its flexible economic structure and numerous free zones, financial bankruptcy and insolvency was an issue that plagued investors and individuals. To address this, the UAE introduced Federal Law Number 9 of 2016, otherwise…

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Financial lawyers in Abu Dhabi
31 Mar 2020

Regulations on Private Finance Platforms in ADGM

Regulations on Private Finance Platforms in ADGM Global financial markets have witnessed unprecedented growth in the techniques and platforms in peer to peer lending over past two decades due to various factors such as improvements in technology backing such platforms, real-time access to funds, ability to obtain unsecured personal or…

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IT Acts in UAE
25 Mar 2020

Video Game Censorship: Indian Purview

Video Game Censorship: Indian Purview With millennium progressing into the second decade, the governments in all the countries have brought Interactive Video Game Industry under its radar to restrict the increasingly graphic violence in the computer or digital games which intends to excite and interest the gamers. The chant of…

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Financial Lawyers in UAE
24 Mar 2020

Public Procurement Law in Kingdom of Saudi Arabia

Public Procurement Law in Kingdom of Saudi Arabia Though it is noteworthy that public procurement is a national activity, it is keenly gauged by international bodies like World Bank, World Trade Organization (WTO) that approximates the contribution of public procurement in GDP up to 10 to 15% signalling public procurement…

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Lawyers in Abu Dhabi
22 Mar 2020

US: Cause of Action under Real Estate Settlement Procedures Act

Cause of Action under Real Estate Settlement Procedures Act The Real Estate Settlement Procedures Act of 1974 (hereinafter “RESPA”) came into effect since June 20, 1975. The law is bulky and a code into web of accountability all the parties to the real estate settlement transactions viz. mortgage brokers, servicers of…

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Lawyers in Dubai
16 Mar 2020

Money Laundering Laws in the UAE

Money Laundering Law in the UAE “When spider webs unite, they can tie up a lion” The above proverb/saying does hold good when it comes to white collar crimes and economic offenses and it goes without saying that continued attempts by criminal organizations to launder money lead to a corrosive…

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