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ATT(H)ack- Anti-Cyber Crime Law in Saudi Arabia “Cyberterrorism could also become more attractive as the real and virtual worlds become (tightly) coupled, with automobiles, apps, and other devices attached to the Internet.” - {C}{C}{C}{C}Dorothy Denning The clandestine and privacy advantages, the information superhighway, and the possibility to buy your plane…
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Share Unshare – The 51:49 rule in UAE on Share Distribution in LLCs Profit is not the (only) legitimate purpose of (any) business. The legitimate purpose of business is to provide a product or service that people need and do it so well that it’s profitable. {C}- {C}{C}{C}{C}James Rouse Paula…
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ThREAT - THE ROLE OF COERCION UNDER UAE LAW It is almost universally accepted, both in law and with consideration of morals that agreements entered into under coercion cannot, at all, be considered binding. Thus one is not obligated to keep, and the law will not enforce, a contract you undertake to…
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FIDIC AND ENAA: COMPARISON Part II of II In our previous issue, we discussed FIDIC and ENAA forms which are an internationally recognized and utilized form of contracts and the general comparisons between them. Our attorneys had also detailed the requirements of data accuracy, and other conditions of companies. Although,…
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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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Являются ли Мобильные Приложения Безопасными? «Люди забыли эту истину», - сказал Лис. «Но вы не должны забывать об этом. Вы в ответе за тех, кого приручили. Вы в ответе за свою розу». -Антуан де Сент Экзюпери Это было в далекой стране, стране безмятежных зеленых пейзажей, цветов, росы, проливных…
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Who’s Winning and Who’s Whining Under Saudi Arabia’s New Enforcement Law Preface "The Prophet Muhammad (resorted to) arbitration to resolve disputes and (recommended) others to use it. His (involvement in) arbitration between the clans of the Quraysh tribe during the renovation of the Ka'ba is significant in the history of…
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Court-Side Justice ‘You don’t go on bended-knee to petition the official culture for your rights. You have to take them.’ -Terrance McKenna Countries are not sustained, and their peoples are not stable where a superior judicial system is not in place. Achieving a system of justice is not possible unless…
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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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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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Too Much of FATCA! Renowned author and entrepreneur, Mark Twain, once said, ‘tax is a fine for doing well; whereas, a fine is a tax for doing wrong.' Now, the question on hand is which one of the two the Foreign Account Tax Compliance Act (the FATCA) would get unseated!…
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Palpable Payments ‘Oh, no. It costs a lot more than your (own) life. To murder innocent people?’ -Suzanne Collins This article was authored by Reem Ali, Abdel Ghany and George SK Although globalization is advancing at the seams of the 21st century, it remains unclear as to when will the…
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Закон о Медицинской Ответственности в ОАЭ: Новые Горизонты "Если бы люди поняли, что врачи не боги, то не ожидали бы от них чудес". {C}- Ричард Зельцер Люди обращаются за помощью к специалистам для получения профессиональных консультаций по вопросам, выходящим за рамки их компетенции или опыта. При этом они…
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FIDIC AND ENAA COMPARISION In the complex and technical world of construction and large manufacturing projects, the contracts and negotiations on the terms of an agreement between the parties are a means to keep the complex relation of parties within the bounds of clear understanding by utilizing a standard form…
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