US Sanctions - An Overview Part II of II STA has been one of the few Middle East law firms that have been advising clients on compliance with OFAC regime, the direct and indirect applicability of various OFAC sanctions besides other bodies such as United Nations, to name a few.…
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Environment Global Guide - UAE 1. Environmental Regulatory Framework What are the key pieces of environmental legislation and the regulatory authorities? Numerous federal and local laws have been enacted in the UAE to protect the integrity of the country’s environmental laws and regulations. Federal Law Number 24 of 1999 for the…
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Post-Closing Transactional vs Ongoing Enterprise Due-Diligence “Diligence is the mother of good fortune.” - Miguel de Cervantes Saavedra Introduction In July 2016, the Australian Securities and Investments Commission (ASIC) stated that it’s review of 12 initial public offerings (10 of which were small and mid-sized companies), found incredibly poor due…
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Aircraft Mortgages (Part II of III) “99% of everything done in the world, good or bad, is done to pay a mortgage. Perhaps the world would be a better place if everyone rented.” Thank You for Smoking (2005) - Nick Naylor (Aaron Eckhart) Due to the primarily finance driven the…
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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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The Fueling of MLM through Bitcoin Pragya Gianani; Shahed Abdul-Dayem; and Faraz Salat discuss the legal aspects surrounding multi-level marketing and usage of bitcoins. Any entrepreneur will tell you that the success or failure of a startup, business idea, or product depends on demand. Supply and demand are the…
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Unmanned Aerial Vehicles – Dealing with Drones - Global Overview From the printing press to the atomic bomb, humankind reveals an inclination to innovate first and plan later. It is a simple truth that technology develops faster and further than law. Cars and hi-tech smartphones are everyday examples of techniques…
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Dry Cleaning Your Genes ‘The good thing about science is that it’s true whether or not you believe in it’ - Dr. Neil deGrasse Tyson During the early eighties, the member states of European Union recognized the importance of Biotechnology. Whilst the United States had long held a dominating position,…
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If you do not buy the coffee I sell, I shall forbid you from buying coffee anywhere else… Many years ago, a Superman flick had the bad guy delineating monopoly in a trade as coffee mafia. Today, sophisticated legal developments recognize these practices as unfair trade practices. But the…
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There is a severe need for consistency in the market dealing with publicly traded securities as rapid advancements in the legal diaspora can add unwitting complexity to the requirements of the debtors. If the contracts between borrowers and lenders do not outline distinct covenants which comply with the local laws…
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Registration of Smell, Fragrance, Olfactory marks and Aroma Trademarks - Global Overview What’s in a smell? Smell is one of the five senses. Human mind reacts differently to smells. Smell is abstract and often gets linked to obscure events such as the smell of success or smelling a rat. ‘Would…
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