Medicinal Product Regulation and Product Liability in the United Arab Emirates: An Overview (Part I of II) 1. What are the main legislation and regulatory authorities for pharmaceuticals in your jurisdiction? Response: Applicable Legislation: Federal Law Number 4 of 1983 (Pharmaceuticals Law 1983) governs and applies to: · Pharmacists. · Pharmaceutical establishments.…
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Be Aware, else Beware (Part I of II) ‘Ignorance of the law excuses no man; not that all men know the law, but because it’s an excuse every man will plead, and no man can tell how to refute him’ - John Seldon The law has provided that an ignorance of…
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Different Strokes for Different Courts In January of 2012, Macy’s, a renowned retail store, decided to sue Martha Stewart for entering into a contract with a rival retail store J.C. Penney, which they claimed breached their own contract with Martha Stewart for exclusive products in 2006. This led to a…
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Electronic Registration of Cases- Advantages and Legal Issues “The Internet is becoming the town square for the global village of tomorrow.” -Bill Gates Introduction Dubai has evolved to become the marketing and commercial hub of the Middle Eastern region. A surfeit of investors, traders and tourists flock into the Emirate on a…
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Company Formation in Sharjah International Airport Free Zone (SAIF Zone) 1. What law established this Free Zone? Sharjah Emiri Decree Number 2 of 1995 established both the Free zone at Sharjah International Airport and the Sharjah Airport International Free Zone Authority. 2. What are the main internal regulations governing this…
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Spotting the Fake: Forgery Under UAE Law Part 2 of 2 In the previous issue, we discussed material aspects relating to forgery under UAE Criminal Laws and other statutes. We discussed broadly – the definition of forgery, types of forgery (material and moral), legal implications of denial in light of…
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Aircraft Mortgages STA's team of aviation lawyers discuss the technical aspects surrounding aircraft financing, mortgages, governing law and court precedents under global context. An economy's financial markets are critical to its overall development. Banking systems and stock markets enhance growth and development, the principal factor in poverty reduction.…
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Agency Law of Russian Federation - FAQs STA continues to be in the vanguard of trade and commerce across national boundaries. As we continue to advise clients on matters of franchise and agency law within the Russian marketplace, in this issue we take a close look at the Russian law…
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Who’s Fooling Whom? Combating Counterfeits: The UAE Context “If buyers wish to be snobs, the law will protect them in their snobbery. i” Consumer industry is demanding and precisely so when it relates to high-end luxury at a fraction of the retail cost. One would be only foolish…
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Trade Finance - Letter of Credit in UAE Context A documentary credit or a letter of credit is usually used to finance international trade. Judges have referred to documentary credits as the “lifeblood” of global commerce. Most documentary credits in international transactions are governed by the International Chamber of…
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The due diligence is sin qua non for the purposes of investments, acquisitions, joint ventures, partnerships or such other essential investment ventures. It provides rational assurance on the investment related to assessment, financing, and purchase of assets. The mining companies, by its nature of exploration and mining, launch itself or…
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“We’ll build a city dedicated to supporting entrepreneurs in Dubai. I invite the Arab youth to join the march of innovation and entrepreneurship,” his Highness Sheikh Mohammed bin Rashid al Maktoum, Vice President of the United Arab Emirates (UAE), Prime Minister and Ruler of Dubai asserted. Just when you think…
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We have already highlighted in a previous article1 the fact that the Federal Law no. 18 of 19812 , also known as UAE Commercial Agency Law (the Law), has a protectionist approach favoring the Agent, defined therein as “A natural person holding the nationality of the state, or a juridical…
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“In a world that’s changing so quickly, you are guaranteed to fail, if you do not take any risks” …
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