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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Re-MEDIA-ble – A discussion on contracts relevant to Media and Entertainment Industry In this Article, Zisha Rizvi discusses the ongoing trends in the Media and Entertainment Industry within the United Arab Emirates, the status of free zone media houses and a brief on the compliance requirements. “I holly- wood”. On…
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Private Equity Secondary Buyouts (SBOs) Private Equity (PE) secondary buyouts are often used as exiting strategy for investment besides initial public offerings (IPOs) or acquisitions and also considered as panic sales. In Secondary buy-outs (SBO) a Target which is owned by a PE provider and management is acquired by another…
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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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Spotting the Fake: Forgery under UAE Law (Part 1 of 2) The creation of an idea, a work of art involves persistence and a visionary acumen, to say the least. Such is the allurement surrounding element of individuality that it has continued to lure the less privileged into forgery from time…
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OW Bunker Dilemma Who to pay when the bunker supplier becomes insolvent 1. Introduction The collapse of OW Bunker group (the OW) has been extensively reported worldwide. OW has been one of the world’s largest bunker suppliers filed for bankruptcy in 2014. The financial collapse of OW has far-reaching consequences…
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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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The ICC International Court of Arbitration STA's Dispute Resolution Team discusses the role of International Chamber of Commerce in dispute resolution and specifically in cross-border disputes, dispute that pique unique challenges and address the moot question as to why is the ICC today a preferred choice to settle disputes. Introduction:…
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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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INTRODUCTION: The Insurance Third Party Administrators have become the vital section of the insurance industry and changing the facade of the insurance sector all around the world. Third party administrators are neither insurance providers nor insured. They are the service providers bridging the gap between the two and serves the…
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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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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 Data Law In October last year, Dubai introduced the new ‘data law’ which will allow the sharing of information between public sectors and for the benefit of the private sector. This Article aims to understand the concomitants of such a move. Remember that time when a dial-up icon popped…
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