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E-contracts in UAE Introduction In today's modern E-world, it should come as no surprise that businesses prefer communicating officially online. From arranging meetings to agreeing on legally binding contracts, this trend of electronic business is fast growing. This trend of communicating through emails and applications led to the formation of…
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Does the UAE real estate market need new financing rules? The United Arab Emirates (UAE) property market has experienced quite a few major developments within the past decade, with a host of new laws, initiatives, and real estate projects being announced. Moving into 2019, the UAE real estate market has…
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Redundancy of Employment Redundancy is one of the most contested and controversial aspects of employment, especially with regards to economies with unfavourable economic climates. Many employers may sometimes be faced with the unfortunate challenge of instituting changes into their business and their business practices in order to reduce operating costs…
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Force Majeure Clauses and the Limitation of Liability Introduction Force majeure roughly translates to ‘superior force’ and is used when referring to unforeseeable events taking place. For the most part, unforeseeable events are not attractive prospects for any individual, especially in the case of business agreements. While contracts generally do…
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Dispute Resolution under the New UAE FDI Law The United Arab Emirates’ new law on Foreign Direct Investment (FDI), which came into effect on October 30, 2018, will set a new point of reference by permitting 100 percent foreign ownership of companies in UAE. The new enactment, which plots who…
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Churning: Is it Ethical? What is Churning: Churning takes place when a broker undertakes excessive trading, i.e. buying and selling of securities in the investor’s account for generating commissions that may benefit the broker or the securities agent. The broker has to exercise unwarranted control over the critical decisions about…
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Regulation of Media in the United Arab Emirates I. Introduction Indubitably, the inception of mass media was with newspapers that delivered information and news from the 1690s till present. Having been cultivated in the minds of the people, several other modes have been devised that make an intricate part of…
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Censorship of Films in India I. Introduction Censorship is defined by the Oxford Dictionary as the ‘prohibition or suppression of any part of the news, books, films, etc. that are considered politically unacceptable, obscene, or a threat to security.’ Films are considered an excellent medium of communication with the general…
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The Legality of Termination for Convenience Clauses Under the global laws for international contracts and agreements, it is highly significant to identify the clauses which put forth the concept of termination for convenience. In general terms, it may sound that, via this clause, either party can conveniently step out from…
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Debt Recovery in UAE “If you would know the value of money try to borrow some.”- Benjamin Franklin What is debt? From the ancient times of the barter system, traces of debts can be found. This was when people exchanged goods and serviced for other goods and services. But now…
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UAE Regulations Concerning Dormant Bank Accounts Introduction Bank accounts are among the most critical and valuable accounts that can belong to an individual. Long past is the time when people would stash their money in hidden safes and secret location, and the concept of stashing ones valuables in a mattress…
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Personal Injury Lawsuit in the UAE Ubi jus ibi remedium –legal maxim meaning, "where there is a right, there is a remedy", is the basis of the principle of personal injury liability or so famously called tortious liability. One among the many accepted and acclaimed definitions of "tort", as postulated…
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PERSONAL INJURY CLAIMS UNDER DUBAI LAWS What is a Personal Injury? Personal Injury, a broad term, involves an injury that is sustained physically, emotionally or mentally by a person as a result of the negligent or intentional actions of another person, including a business entity. The victim is entitled to…
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Syndicate Loan Agreement and Select Clauses Almost every day, we witness the birth of several new innovative projects, worth billions of dollars of investment. Many often ponder the origins of such investment. Banks play a crucial role in lending these funds to clients, ranging from corporations to large projects, and…
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