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Lawyers in Abu Dhabi
04 Jul 2020

DIFC Contract Law

DIFC Contract Law Is the Law of Contracts a complete descriptive theory, explaining what the law is? Or is it a complete normative theory, explaining what the law should be? The traditional definition of a contract is one embracing all promises that the law will enforce. However, even a theory…

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Lawyers in Dubai
02 Jun 2020

Guide to International Arbitration

Guide to International Arbitration "When will mankind be convinced and agree to settle their difficulties by arbitration?"- Benjamin Franklin     A year ago, it seemed as if Brexit was finally about to happen. One year on, they are in the same position again. At one point, albeit, it seemed likely…

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Lawyers in Dubai
04 Feb 2020

Due Diligence Foreign Law Firms

Due Diligence by Foreign Law Firms of UAE Entities Business transactions around the world often involve mergers, acquisitions or take-overs. Such transactions of the business organizations require thoughtful decisions which ultimately decides the future of the Company. Hence, due diligence holds the key to vital decisions of the economy as…

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Lawyers in Dubai
02 Jan 2020

DIFC-LCIA Arbitration vs DIAC Arbitration

DIFC-LCIA Arbitration comparison with DIAC Arbitration Manchester United is playing Arsenal. In an incredibly intense contest between the two, at the 85thminute, there is a coming together between the players inside the penalty box. The referee, to understand the incident and know who the perpetrator was, uses the help of…

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Property Lawyers in UAE
14 Dec 2019

Running a Private Equity Real Estate Fund

The Cost of Running a Private Equity Real Estate Fund Private equity real estate is an advantage class that comprises of pooled private and public interests in the real estate market. Such contributing includes the obtaining, financing and proprietorship of property or properties utilizing a shared vehicle. Private equity real…

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Lawyers in Dubai
21 Oct 2019

UAE Netting Law

UAE Netting Law As announced by the Dubai International Financial Centre (“DIFC”) on 14 December 2014, His Highness Sheikh Mohammed bin Rashid Al Maktoum has enacted the DIFC Law Number 2 of 2014 (the "DIFC Law"), in his capacity as the Ruler of Dubai. This legislation came into power as…

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Lawyers in Abu Dhabi
02 Sep 2019

Force Majeure Clauses Limitation of Liability

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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Financial Lawyers in UAE
01 Dec 2018

Cross border crowdfunding

DFSA REGULATIONS ON CROSS-BORDER CROWDFUNDING   In the wake of the 2008 financial crisis, when access to capital became difficult, the concept of Crowdfunding emerged. Crowdfunding, an outcome of the modern sharing economy, is a loaded term where old and new meanings have come up to describe similarly or the…

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Lawyers in Dubai
08 Oct 2018

A Guide to Non-compete Clauses in the Middle East

A Guide to Non-compete Clauses in the Middle East Introduction Non-compete clauses are sometimes incorporated into the contracts of employees to ensure the security and protection of the employer if an employee decides to move to another company. When working for an entity, individuals will likely pick up on and…

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Employment Lawyers in DIFC
28 Oct 2017

Employment Regime in the DIFC

Employment Regime in the DIFC “A diploma is a piece of paper that is used to acquire another piece of paper: an employment contract.”         Mokokoma Mokhonoana Time and again, our team of employment lawyers in Dubai have discussed the provisions of UAE Federal Law Number 8 of…

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Company Formation in Dubai
19 Sep 2017

Международный финансовый центр в Дубае и его юрисдикция

DIFC: A Jurisdictional Overview The DIFC courts exist as a jurisdictional island within the Dubai panorama. The Dubai International Financial Centre (the DIFC) Courts were established back in 2004 by His Highness, Dubai's ruler at the time, Sheikh Maktoum bin Rashid Al Maktoum. Providing an independent administration of justice in…

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22 Aug 2017

Maritime Arbitration- Legal Perspectives

Maritime Arbitration- Legal Perspectives Courts can no longer individually address the issue of conflict resolution and as such the modern business world requires an alternative means of conflict resolution to meet its demands. A need arises for a legal mechanism through which parties can resolve their disputes quickly, fairly, efficiently,…

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Property Lawyers in Abu Dhabi
28 Jul 2017

Регистрация Компании в Свободной Экономической Зоне Абу Даби Глобал Маркет

Регистрация Компании в Свободной Экономической Зоне Абу Даби Глобал Маркет Влияние глобализации и устранение торговых барьеров считается экономическим преимуществом, объединяющим внутренние рынки мира под одной крышей. Однако, существует и противоположное мнение на эту тему. Некоторые финансовые эксперты утверждают, что это глобальное явление послужило источником нестабильности и конкуренции на внутренних рынках.…

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22 Jul 2017

Special Purpose Vehicles

  Special Purpose Companies or Vehicles (the SPCs or SPVs) are temporary companies set up to achieve a precisely structured financial operation. SPCs provide an alternative mode of financing transactions. Put simply they are subsidiary companies of a parent company, whose assets are protected from the actions of the parent company.…

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