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The Abu Dhabi Global Market - STA Law Firm - 2016-2017 - Lawyers in Abu Dhabi
27 May 2016

Abu Dhabi Global Markets: Rising to the Challenge

 Abu Dhabi Global Markets: Rising to the challenge Historically, finance has always been ‘international’ in character; capital has rarely been mobile. Money has moved freely across borders for all of the civilization with gold and silver being global currencies for millennia. With the passage of time, money has been reverting to its…

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public-private-partnership-dubai-law-firm
11 Apr 2016

Project Financing - a Primer

Project Finance as the technique of financing any development idea is rapidly increasing in developing countries due to their drive to gain industrial development and improve infrastructural amenities. The infrastructural projects or projects relating to energy industry are usually funded by the government through public funds since historical times due…

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OFAC Sanctions on Iran
10 Feb 2016

US Sanctions-an Overview

If you do not buy the coffee I sell, I shall forbid you from buying coffee anywhere else…    Many years ago, a Superman flick had the bad guy delineating monopoly in a trade as coffee mafia. Today, sophisticated legal developments recognize these practices as unfair trade practices. But the…

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UAE Banking Law
10 Nov 2015

Till Breach do us apart - The Law Surrounding Prepayment Premiums

There is a severe need for consistency in the market dealing with publicly traded securities as rapid advancements in the legal diaspora can add unwitting complexity to the requirements of the debtors. If the contracts between borrowers and lenders do not outline distinct covenants which comply with the local laws…

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STA Law Firm
21 May 2015

Implications of Bounced/Dishonoured Cheques under UAE Law

Reforms in Police Cases against UAE Nationals and Foreigners If you think about it, “bounced” is a strange choice of word to apply to a failed cheque. “Bounce” implies lively, rejuvenated, excitable, energetic – a collection of adjectives which certainly wouldn’t fit your mood in the instance of a bounced…

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banking lawyers in UAE
10 Mar 2015

The Legalities of Bank Transfers Under UAE Law

Imagine that X transfers some money to Y online. After a couple of months, X approaches Y and asks him to repay the debt. However, Y refuses, alleging that the money had been a gift and he was under no obligation to repay it. Neither X or Y is able…

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Collective Investment Scheme | DIFC | STA Law Firm
06 Mar 2015

In It Together - Collective Investment Schemes

COLLECTIVE INVESTMENT SCHEMES: SKYLINING DUBAI INTERNATIONAL FINANCIAL CENTRE (DIFC) LAW “The first step towards getting somewhere is to decide that you are not going to stay where you are.” Investments require one to take a risk and it is often advised that this risk should be a calculated one. According…

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Legal Functions and Framework in ADGM | STA Law Firm
05 Feb 2015

Legal Functions and Framework in ADGM

  LEGAL FUNCTION AND FRAMEWORK IN ADGM What a year to be investing in the United Arab Emirates! According to statistics published by the International Monetary Fund (IMF), the nation’s GDP hit USD 419,000,000,000 (US Dollars four hundred and nineteen billion) in December 2014 – a 4.8 percent increase on…

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Fraud and Deceit Under UAE Law
05 Sep 2014

Fraud and Deceit under the UAE law

“Fraud and deceit abound in these days more than in former times”1    Lord Coke could have been talking just as easily about the modern day. Hundreds of thousands of people fall victim to fraudulent activities each year. A number of these crimes go unpunished as the brains behind these…

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Ijarah, Arbitration, Dubai Law, Lawyers, STA
16 May 2014

Ijarah and Arbitration

Questions that are generally debated these days within business and legal diasporas pertain to the recession aftermath. These questions seek to inquire matters such as i) what led to the recession, ii) could it have been prevented and; iii) what do we learn from this precedent? For instance, let us…

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STA Law Firm - Information Technology Lawyers
12 Mar 2014

Cybercrime and UAE Law

From coding a logic bomb to malicious hacking and from the formation of ransomware gangs to spear phishing, no computer in the cyber world is today immune from an electronic misdeed that continues to grow and develop and at the same time survive criminal prosecution in many instances. The year…

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