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Hedging Strategies for Power Contracts Introduction The worldwide establishment of the power markets is primarily due to the global restructuring and reorganisation of the electricity and other energy supply market. Since the electric power industry is structured in three distinct segments of power generation ranging from production to transmission and…
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Dishonour of cheques in India as per Negotiable Instruments Act 1881 Introduction The whole concept of using cheques, even at this day and age where other progressive modes of transactions are available, is to keep proper record and use it as proof of payment. There are more security and surety…
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Do you have outstanding bank loans and credit card payments? “Some debts are fun when you are acquiring them, but none are fun when you set about retiring them.” Often, unexpected events can astound an individual in an array of ways like a change in employment, personal emergency, etc., which…
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The Tort of Trade Mark Passing Off Around the World Introduction The reason trademarks are so crucial in the modern business world is due to how the customers and consumer loyalty work. Often, when considering a particular industry such as, for example, fast food, there will be specific names which…
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Enforcement of Foreign Awards in Kuwait Introduction With the world ever moving towards a more globalised structure, clarity and cooperation are more important than ever. The move towards a more integrated world has been occurring for decades, most notably following the end of the Second World War. Some of the…
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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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