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Tri-Party Agreement and their Implications in the UAE What is a Tri-party Agreement? It is an agreement between three parties. In other words, when three-parties has an intention to do the things on which they have agreed. The Tri-parti agreement usually happens in financial transactions. As per the Article 125…
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Regulations for Issuing and Offering Crypto-Assets in UAE (ICARs) Introduction Over the past decade, the financial technology market has evolved substantially. With the introduction of cryptocurrencies, policymaker and framers of legislations find the need to implement legislation that will help regulate this growing market. Since cryptocurrencies operate beyond the banking…
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End of Service Benefits in the UAE Employees in the UAE are entitled to a specified set of end-of-service benefits (EoS) under UAE law, including gratuity. These rewards are provided as a mark of appreciation for the employee's devotion and hard work. After the employment contract is terminated, EoS is…
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Regulatory framework of mergers in Russia The Russian merger control does not differ substantially from its counterpart’s country in Europe and North America. In general, it is investor-friendly, and the risk of not obtaining compensation is rarely cited as the reason for not proceeding with a trade. However, the Russian…
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Legal matters can be stressful for many people. Lawyers in UAE know the ins and outs of the law, but they also have other skills that make them well suited to handle various legal needs. Lawyers are trained and experienced with contracts, real estate transactions, family law cases, civil litigation…
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International: Changes to NAFTA Intellectual Property Provisions in The USMCA Introduction To foster a global trade environment, countries worldwide are revising their national trade agreements following international standards. One of the most critical aspects that need to be considered while doing so, is creating a cogent interrelationship between goods &…
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India: Defenses against the charge of Forgery Introduction We have all heard of the saying that imitation is the best form of flattery; however, when it results in damage or injury to the public or an individual, it becomes punishable under law. One such example is that of Forgery. Forgery…
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FAQs - Medical Negligence in Israel Introduction The medical profession has seen an increasing prevalence and frequency of legal proceedings on medical liability since the mid-20th century. Some people believe that increased litigation is beneficial because learning from mistakes saves the community's wellbeing, which helps keep doctors responsible. The opponents…
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Comparison of joint venture laws of India with UAE and Singapore For a long time, one of the main fields of concern for economists all over the world has been the industry. With money on the line, people are always looking for new ways to increase income; whether it's a…
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Regulations of the pharmaceutical industry, Clinical Trials in Turkey The Pharmaceutical legislation of Turkey The Code on Pharmaceuticals and Pharmaceutical Preparations No. 1262 (Pharmaceutical Code) is the fundamental piece of legislation that is applied through secondary legislation such as regulations, communiqués, and recommendations to further govern all aspects of the…
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Transfer Pricing Regulations in the Middle East The Transfer Pricing is a common mechanism which the countries use to transfer the tax base. The transfer is often from countries with high taxation to countries with low taxation. Transfer Pricing deprives states of their fair share of taxes from global corporations. In…
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Redundancy under Labor Laws in the UAE The primary legislation regulating workplace relations in the United Arab Emirates is Law Number 8 of 1980 on labor relations, as revised by Federal Laws Number 24 of 1981, Number 15 of 1985, Number 12 of 1986, Number 8 of 2007 and Number…
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The Singapore Convention on Mediation “An ounce of mediation is worth a pound of arbitration and a ton of litigation!” …
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Impact of Russian Anti-Trust Law Introduction Russia is a large country that spans across eastern Europe and northern Asia. After the collapse of the Soviet Union in December 1991, Russia, once the very first republic of the Union of Soviet Socialist Republics (abbreviated as USSR and previously the Soviet Union) became…
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