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Lawyers in Abu Dhabi
27 Jan 2024

Proposed Amendments to the Saudi Commercial Agency Law

Proposed Amendments to the Saudi Commercial Agency Law In a monumental move, the Saudi Ministry of Commerce has laid the groundwork for a transformative shift in the Kingdom's commercial landscape through substantial amendments to the Commercial Agency Law. Set to be enforced in mid-2023, these amendments herald a new era,…

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Lawyers in Dubai
01 Dec 2021

Business Setup in Ajman Freezone

Ajman Freezone Authority 1. What law established this freezone? The Ajman Free Zone was established in 1988 and was granted autonomous status in 1996, by the Ajman Emiri Decree No. 3/1996. 2. What are the main internal regulations governing this freezone? The Ajman Free Zone Authority has issued an "Integrated…

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Financial Lawyers in UAE
23 Sep 2021

Tri-Party Agreement and their Implications in the UAE

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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Lawyers in Dubai
25 Oct 2020

Intellectual Property Rights: Exhaustion of Ownership and Parallel Imports

 Parallel Imports in Middle East and India Introduction Parallel Imports  The term parallel import denotes importation of goods legitimately acquired from the owner of the goods subsequently sold in an unauthorized manner through unauthorized trade channels.  These goods may also be referred to as grey market goods, since, despite being…

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Lawyers in Dubai
21 Oct 2020

Trade Secret Protection

Trade Secret Protection  Introduction The prowess of a company depends on its ability to work smarter than their competitors. This can be achieved through specifically designed operational workflows, specialized technologies or structural control practices that enable a firm to stand out within a particular market or industry. Such intellectual knowledge…

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corporate lawyers in Dubai
13 Sep 2020

Challenging Expert Appointment in the UAE

Challenging Expert Appointment in the UAE The appointment of an expert in UAE (United Arab Emirates) can be challenged on the basis that the expert failed to carry out his duties in an impartial manner or without prejudice to either one of the parties. The expert appointed has to at…

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Lawyers in Dubai
31 May 2020

DIFC-LCIA Arbitration comparison with DIAC Arbitration

DIFC-LCIA Arbitration comparison with DIAC Arbitration Manchester United is playing Arsenal. In an incredibly intense contest between the two, at the 85thminute, there is a coming together between the players inside the penalty box. The referee, to understand the incident and know who the perpetrator was, uses the help of…

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Financial lawyers in Dubai
31 May 2020

UAE Mutual Fund Regulations

Mutual Fund Regulations For years, it has been pointed out that the majority of funds underperform the market. But not all of them! Well-chosen funds can provide quick and easy exposure to the market's various sectors and industries, lending the portfolio the kind of diversification that can help insulate one…

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Criminal Lawyers in UAE
30 May 2020

Appealing Power: The Power to Appeal

Appealing Power: The Power to Appeal Power and responsibility go hand in hand. The power to appeal renders the responsibility to seek justice, and the public prosecutors have been entrusted with such powers to seek appeals in certain civil and criminal matters in the United Arab Emirates (UAE). The courts…

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Lawyers in Dubai
03 May 2020

Due Diligence by Foreign Law Firms of UAE Entities

Due Diligence by Foreign Law Firms of UAE Entities Business transactions around the world often involve mergers, acquisitions or take-overs. Such transactions of the business organizations require thoughtful decisions which ultimately decides the future of the Company. Hence, due diligence holds the key to vital decisions of the economy as…

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Financial Lawyers in UAE
27 Apr 2020

Validity of Side Agreements in the United Arab Emirates

Validity of Side Agreements in the United Arab Emirates A side letter or a side agreement is an agreement that is not part of the primary contract or agreement but is an ancillary to the primary contract. A side agreement is used by parties a contract to confirm additional details…

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corporate lawyers in Dubai
21 Apr 2020

Short Selling Provisions in the European Union

Short Selling Provisions in European Union A curious story emerged on 11 April 2017 when a man was charged with planting a bomb under the Borussia Dortmund football club team bus in April. It was initially suspected to be the work of terrorists but the truth was actually much stranger—it…

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Financial Lawyers in UAE
21 Nov 2019

Hedging Strategies for Power Contracts

Hedging Strategies for Power Contracts Introduction The worldwide establishment of the power markets is primarily due to the global restructuring and reorganisation of the electricity and other energy supply market. Since the electric power industry is structured in three distinct segments of power generation ranging from production to transmission and…

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banking lawyers in Dubai
05 Nov 2019

Loan Settlement with Banks, Travel Bans and other Implications

Do you have outstanding bank loans and credit card payments? “Some debts are fun when you are acquiring them, but none are fun when you set about retiring them.” Often, unexpected events can astound an individual in an array of ways like a change in employment, personal emergency, etc., which…

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