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Financial lawyers in Dubai
23 Mar 2021

Q & A: Third-Party Funding in UAE

Q & A: Third-Party Funding in UAE Introduction Third-party funding, also known as litigation funding, provides a business with a viable means of pursuing litigation, Arbitration and adjudicating claims. Third-party financing ensures that the legal needs are met with minimum risk and subsequently preserve the business's liquidity in case of…

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Financial Lawyers in Dubai
18 Mar 2021

Establishing Policies for Blockchain Technology

Establishing Policies for Blockchain Technology Introduction Blockchain can be considered as a breakaway technology and is currently a hot topic that has been the subject of numerous studies across various industries. Blockchain is briefly defined as a shared ledger database that records and shares every transaction that occurs in the…

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Pharmaceutical Lawyers in Israel
15 Mar 2021

FAQs – Pharmaceutical Industry Laws in Israel

FAQs – Pharmaceutical Industry Laws in Israel   Introduction What are the major pharmaceutical laws and regulatory bodies in ISRAEL? Legislation The main legislation relating to pharmaceuticals in Israel is:  The Pharmacists Ordinance (New Version) 1981, which governs the manufacture, selling, prescribing, importation, and registration of medicinal products, as well…

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Lawyers in Abu Dhabi
11 Mar 2021

Company Formation in Hamriyah Free Zone

Hamriyah Free Zone 1. What law established this freezone? The Hamriyah Free Zone was established under Sharjah Emiri Decree No. 6/1995 issued in 12 November 1995 as amended by Sharjah Executive Council Decision No. 1/2000 (the Decree). 2. What are the main internal regulations governing this freezone? The principle regulation…

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Lawyers in Abu Dhabi
11 Mar 2021

Doing business in the Kingdom of Saudi Arabia Part II

Guide on Doing business in the Kingdom of Saudi Arabia- Part II Tax XII. What contributions are made towards social security by the employee and the employer during the employment relationship? Is there an Income Tax regulation in the KSA? There are no income taxes impositions for the employees; however,…

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Lawyers in Abu Dhabi
09 Mar 2021

India – Rise of Non- Performing Assets in the Banking Sector

India – Rise of Non- Performing Assets in the Banking Sector Introduction  The foundation of any healthy economy is its banking sector. The basic function of a commercial bank involves lending and borrowing, while deposits into the bank are an asset; the advancement of loans involve a high degree of…

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Financial Lawyers in Abu Dhabi
07 Mar 2021

Insurance and Reinsurance in Lebanon

Insurance and Reinsurance in Lebanon Under Decree Number 9812 of 1968, the rules and regulations concerning the insurance sector in Lebanon were established (Insurance Law). There have been limited subsequent revisions to those rules and regulations, and no material improvements were made since 1999. Within the Lebanese Ministry of Economy…

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corporate lawyers in Dubai
05 Mar 2021

Business Exit Strategy for Family Owned Business

Business Exit Strategy for a Family-Owned Business Introduction  Companies like Walmart in the US and Reliance in India are some really successful examples of family-owned businesses. However, family and business are two parallel worlds that should ideally never meet. Operating a family business comes with its own challenges and results…

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Healthcare lawyers in UAE
01 Mar 2021

Manufacturing, Importation, Marketing and Advertising of Healthcare Products and Medicines in UAE

Q&A guide to the commercialisation of healthcare in the United Arab Emirates Question Set: Medicines Question Body: What is the definition of medicine (or equivalent) in your jurisdiction? Answer Body: "Medical products" are defined in UAE law as "all drugs, medical devices or healthcare products". "Drug" is defined as "any…

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corporate lawyers in Saudi Arabia
28 Feb 2021

Doing Business in Kingdom of Saudi Arabia | STA Law Firm

Doing Business in the Kingdom of Saudi Arabia- Part I What is the legal system in the Kingdom of Saudi Arabia (KSA)? The legal system in the Kingdom is primarily based on: Civil law, heavily relying on Sharia law and Islamic teachings on matters that are not codified under the…

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arbitration lawyers in Dubai
27 Feb 2021

Legality of the Unilateral Appointment of an Arbitrator in India

Legality of the Unilateral Appointment of an Arbitrator: India A unilateral appointment clause is an agreement that gives one of the parties the opportunity to choose between two available options to settle a dispute, while only one of the options is available to the other party. Whether Unilateral Appointment Clauses…

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Lawyers in Abu Dhabi
23 Feb 2021

Duress in Contract Law

Duress in Contract Law In UAE, all legal aspects in regards to contractual related issues are encapsulated under the UAE Civil Code and the UAE Commercial Code. It is difficult to establish between illegitimate and legitimate duress as in regards to commercial contracts, a certain level of duress is expected…

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Lawyers in Abu Dhabi
21 Feb 2021

Manufacturing, Registration, Importation and Export of Pharmaceuticals and Medical Devices in Bahrain

Pharma 2020 Bahrain 1. What are the main laws governing the manufacture and sale of pharmaceuticals in Bahrain? Bahrain Decree-Law No. 18/1997 with Respect to the Practice of Pharmacists and Pharmaceutical Centres (as amended by Bahrain Decree-Law No. 20/2015) (the Law). 2. Are there any significant differences in this area…

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Law Firms in Dubai
20 Feb 2021

Anti-Trust Laws in the Kingdom of Bahrain

Competition Law, 2020: Bahrain 1. What is the name of the main regulator/ regulators governing the competition law in this jurisdiction? The Authority for Promotion and Protection of Competition. 2. In the context of a merger acquisition in what circumstances, are the seller and/or the purchaser required to notify the…

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