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Construction Law Firms in Dubai
22 Aug 2017

FIDIC and ENAA: Comparison (Part II of II)

FIDIC AND ENAA: COMPARISON Part II of II In our previous issue, we discussed FIDIC and ENAA forms which are an internationally recognized and utilized form of contracts and the general comparisons between them. Our attorneys had also detailed the requirements of data accuracy, and other conditions of companies. Although,…

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Construction Lawyers in Dubai
14 Jul 2017

FIDIC and the ENAA: A Careful Comparison

FIDIC AND ENAA COMPARISION In the complex and technical world of construction and large manufacturing projects, the contracts and negotiations on the terms of an agreement between the parties are a means to keep the complex relation of parties within the bounds of clear understanding by utilizing a standard form…

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Construction Lawyers in Abu Dhabi
23 May 2017

Construction Law and the Application of Time

Construction Law and the Application of Time   Power can not confer to what does not exist. Humankind has needed something to organize and structure his life, so we created time. So that, we using time as a benchmark can keep ourselves in check.  It is, essentially, a social construct,…

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Delay Penalty in Construction Contracts
08 Jan 2017

Delay Penalty in Construction Contracts

Delay Penalty in Construction Contracts “No construction project is risk-free. Risk can be managed, minimized, shared, transferred or accepted. It cannot be ignored” -Michael Latham Scope and usage of back-to-back contracts Back-to-back contracts are becoming an increasingly common feature of construction projects. Construction projects typically involve the collaboration of three…

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UAE Construction Law
05 Jan 2017

Who is Liable to Pay when Circumstances for Construction Change?

Who is Liable to Pay when Circumstances for Construction Change? Construction has been one of the most dynamic industrial sectors in the Middle East due to the increase in need of palatial residential and office spaces that arise from the surfeit of expatriates that flock into the region every year.…

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Property Lawyers in UAE
18 Oct 2016

Survival Of The Fittest - Asset Securitization in the UAE

The global financial market has been constantly remodeling itself, more so in the wake of the global economic meltdown which tainted asset securitization activity. One can often draw parallels between the ever-changing economy and the manner in which securitization activity is fast becoming a desired source of diversified finance enabling…

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Property Lawyers in Abu Dhabi
01 Aug 2016

The New Abu Dhabi Strata Law

The New Abu Dhabi Strata Law Nothing sets my teeth on edge like a real estate hoarding screaming ‘Buy Now, Pay Later’. If one were to apply such signs in actual terms, I wonder whether the next hoarding that will knock my teeth off will read ‘Buy One, Get One…

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STA Law Firm - Abu Dhabi Property Lawyers
11 Apr 2016

Brainstorming: Before Buying a Property in Abu Dhabi

The Abu Dhabi Government has implemented numerous laws and regulations regarding the real estate sector lately. The Emirate of Abu Dhabi has experienced an exponential growth in the past few years. The new real estate law – Number 3 of 2015 Regulating Real Estate Sector in the Emirate of Abu…

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public-private-partnership-dubai-law-firm
11 Apr 2016

Project Financing - a Primer

Project Finance as the technique of financing any development idea is rapidly increasing in developing countries due to their drive to gain industrial development and improve infrastructural amenities. The infrastructural projects or projects relating to energy industry are usually funded by the government through public funds since historical times due…

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Musataha Rights and Agreement under UAE Law
11 Apr 2016

Musataha Agreements Under UAE Law

There are across the world, different institutions of property, radically different ways of separating the land space, and developing rights in consonance with other legal, economic and social institutions. These differences get into the limelight when one pays attention to the sometimes subtle differences in policies and regulations that govern…

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Dubai Property Lawyers | Law Firm
06 Mar 2016

Key Decisions on Dubai Property Laws between 2009 and 2013 by Dubai Court of Cassation

The prodigious and fortuitous impact (and, speed) of the global financial crisis has left a lasting legacy on many. Questions have been raised in past as to what led to the crisis, people who were instrumental in driving the downturn and people affected by same. Speed and force without direction…

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Extension of Time in Construction Contracts - STA Law Firm
04 Jan 2016

Extension of Time in Construction Contracts

Extension of Time in Construction Contracts  The construction contracts are generally prepared as per Fédération Internationale des Ingénieurs-Conseils (the FIDIC) red books 1987 and 1999, yellow book and silver book contract forms specifically in UAE to deliver projects. The legal provisions applying to such contracts are UAE Civil Code, Federal…

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Joint Ventures in Dubai Real Estate & Property Sector
01 Dec 2015

Joint Ventures in Dubai's Real Estate Sector

Joint venture is an agreement between two or more parties wherein they principally agree on developing a new asset or entity by infusing equity for a term. In a joint venture transaction, parties agree to co-operate with each other and term of the joint venture may be defined or open.…

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Foreign Court Judgments in UAE
26 Nov 2015

Enforcing Foreign Judgments in the United Arab Emirates (UAE)

Introduction With the spread of globalization, technical and technological evolution, changes in communication means and transportations, economic freedom and free trade around the world have reinforced the idea that businesses and commercial dealings need protection.  Hence, as there is an international cooperation among countries to follow an international criminal worldwide,…

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