Arbitration Award Vs Public Order “Public order is a fragile thing, and if you don’t fix the first broken window soon all windows will be broken” James O Wilson Many of us flinch at the thought of court proceedings, given its costly and lengthy nature. But luckily…
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Copyrighting Cakes Cake! Just the word makes our mouths water. Which one are you craving? Chocolate? Victorian sponge cake? Red velvet? Devil’s food cake? Or maybe a slice of cheesecake? There are so many options that all sound wonderful. Be it a birthday, a wedding, or any other special occasion,…
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Contradictory Statements In a bundle of truths, a lie will always be found within. Pinocchio told lies, and his nose grew. Unfortunately, liars in the courtroom may only be caught out by the inconsistent statements they make throughout a case. The challenge is for the jury and prosecution to find…
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Aviation Law Guide: United Arab Emirates Part 1 - General …
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LEGAL UPDATE: UAE CABINET DECISION 52 OF 2017 CONCERNING EXECUTIVE REGULATIONS ON VAT LAW The UAE Cabinet Decision 52 of 2017 on the executive regulations (the Executive Regulations) of the Federal Decree Law Number 8 of 2017 on Value Added Tax (the VAT Law) has shed light on the details…
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Under the Radar “Real estate investing, even on a very small scale remains a tried and true means of building an individual’s cash flow and wealth” - Robert Kiyosaki It is not strange to find Dubai to be investors’ favorite choice when it comes to real estate investment. Earning the name…
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The Best of Both Worlds Balancing Low Costs and High Investments Although the title of this article sounds like the lyrics of a boy-band, we are not discussing about shores, Among the pool of Free Trade Zones in the United Arab Emirates, the Ras Al Khaimah Free Trade Zone (RAK…
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Technical Aspects of Aircraft Lease (Part II of II) In the previous issue, we discussed the various categories of aircraft lease such as a wet lease, dry lease, and damp lease. We also covered broadly the legal requirements for leasing an aircraft in the UAE and its implications. The aviation…
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Heads of Terms “Intention is one of the most powerful forces there is. What you mean when you do a thing will always determine the outcome. The law creates the world.” - {C}{C}Brenna Yovanoff Overview Every contract is the result of an intense negotiation between the parties of the contract…
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INSIDER TRADING BETWEEN FRIENDS AND FAMILY “The stock market is a device for transferring money from the impatient to the patient.” - Warren Buffet The term insider trading has been popular amongst headlines of newspapers for a while now and has been subject to the argument of whether…
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Mortgage of Movable Assets The enactment of UAE Federal Law Number 20 of 2016 Concerning Mortgaging of Movable Properties as Security for Debts (the New Law) is a milestone towards the UAE government’s initiative to bring positive changes in UAE’s mortgage law. In parallel to the recent laws on commercial…
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CLAIMING DEMURRAGE FOR UNRETURNED CONTAINERS A Case Study Time and tide wait for none. The earliest acknowledged record of this proverb is by St. Marher in 1225; however, the actual origin of this saying cannot be certainly determined. St. Marher had stated that ‘te tide and te time þat tu…
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Piracy and its Consequences The digital age has undeniably provided us with many benefits that we use on a daily basis. With the internet and the ability to communicate globally and share information with only a click of a button, the human reach can go beyond political borders. However, one unfortunate…
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Overview 1. What are the recent developments in the exploration and extraction of mineral resources in the United Arab Emirates? Response: Mineral resources in the United Arab Emirates (the UAE) are separated into three essential classifications: rocks; sands and soil; and metals. The exploration and exploitation of minerals are only confined to…
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