Liability of Aircraft Operators On 15 July 2009, New York city witnessed a ‘Miracle on the Hudson River’ when flight 1549 departed New York but shortly after the take-off due to bird strike the plane lost its two turbines. The Senior Captain Chesley ‘Sully’Sullenberger was told to return to the…
Read moreCOMPANY FORMATION IN DUBAI INTERNET CITY Free economic zones have made the Emirate of Dubai, in the United Arab Emirates, a popular destination for investment. The particularity of free zones is that they allow foreign nationals to own 100% of the shares in a company, in contrast to the general…
Read moreThe Fine (and Hazy) Line between Tax Avoidance and Tax Evasion ‘The difference between tax avoidance and tax evasion is the thickness of a prison wall.’ - Denis Healey Keeping in mind the contradiction between the heading of this article and the quotation above, I wish to draw your attention to…
Read moreNEW BANKRUPTCY LAW IN THE UAE Since the time of its promulgation in the year 2016, the Bankruptcy Law has been widely discussed and deliberated on. The enactment of Federal Law Number 9 of 2016 (the New Law) has been critical in light of the volatile oil market across the…
Read morePreventive Principle and Extension of Time Time and again we have discussed the level of dynamicity in the sectors and industries such as construction, maritime, cryptocurrency and the like. Today, we are going to analyze why these areas in specific are comparatively more dynamic than others – mainly because projects…
Read morePharmaceutical Industry in the UAE 1. What are the primary laws and regulations governing pharmaceutical companies in the United Arab Emirates? The primary piece of legislation governing pharmaceutical companies in the United Arab Emirates is Federal Law Number 4 of 1983 concerning the Pharmaceutical Profession and Pharmaceutical Institutions (the Pharmaceutical…
Read moreAn Overview of the UN Convention on Contracts for the International Sale of Goods If a company in the United Arab Emirates wanted to buy authentic leather abroad, most likely they would start looking for sellers in Italy. Considering that they find such an Italian company, the first step in…
Read moreSALE BY DESCRIPTION - INTERPRETATION AND AMBIGUITIES “A picture will never compare to the real thing” - Author Unknown A red bike described by the seller is up for sale online, the buyer then receives an orange-colored motorcycle: deception by description or merely a deal by description, which is built…
Read morePlagiarising Copyright ‘Give credit where credit is due.’ - Author Unknown The origins of this proverb are unknown, but they are relevant in varied contexts. One can say that the concept of plagiarism efficiently sits on this axiom. But there’s another saying too; “If you steal ideas from one source…
Read morePHARMACEUTICAL INDUSTRY IN THE UAE What are the main laws and regulations governing pharmaceutical companies in the United Arab Emirates? The primary piece of legislation governing pharmaceutical companies in the United Arab Emirates is Federal Law Number 4 of 1983 concerning the Pharmaceutical Profession and Pharmaceutical Institutions (the Pharmaceutical Law).…
Read moreCriminal Liability of Arbitrators in the UAE Are arbitrators above the law? Have you thought about arbitrators and the importance of their role in international arbitration tribunals? Well, arbitrators are the most crucial element of the modern alternative dispute resolution system. Their position is similar to that of judges who…
Read moreCompany Formation in Abu Dhabi Airport Business City 1. What law established this free zone? The following laws are the primary piece of legislation governing the Abu Dhabi Airport Business City (ADAB): Abu Dhabi Executive Council Resolution Number 61 of 2010 gave Sky City the authority to grant free zone status…
Read moreLiability of Franchisors You cannot bring the Canadian winters to the UAE, but you can enjoy the warm coffee of Tim Hortons in the UAE. UAE has the answer to most of your cravings from back home, whether you are missing the butter chicken or chicken and waffle. This…
Read moreCloud Computing and Transfer Pricing In these times life without Netflix or Google Drive is hard to imagine, right? Accessing your all-time favorite movies from wherever you are to whenever you need without the hassle of carrying a bunch of discs and tapes wherever you go. Be it your slumber…
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