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SALE BY DESCRIPTION - INTERPRETATION AND AMBIGUITIES “A picture will never compare to the real thing” - Author Unknown A red bike described by the seller is up for sale online, the buyer then receives an orange-colored motorcycle: deception by description or merely a deal by description, which is built…
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Brexit’s Impact on Commercial Transactions Is it a bit too late to write about Brexit? Economic instability, privacy concerns, dispute resolution framework, currency fluctuation and immigration issues – we have heard about each of these predicaments due to the political shift of one of the oldest economies from one of…
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Злоупотребление Рыночной Властью – Что это значит? «Европа впервые достигла мирного политического союза: они используют это беспрецедентное положение, чтобы гармонизировать кривизну бананов». - Чарльз Стросс, Акселерандо Если вы ведете бизнес в государстве-члене Европейского Союза и хотите расширить эту деятельность на другое государство-член ЕС, вы будете удивлены, насколько схожие положения…
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Does BUY NOW = DELIVER NOW? When I opened my Microsoft Word application on my personal computer this morning to write this article, it read that – ‘Your subscription as expired; choose one of the following options to reactivate.' This confused me for two reasons: (i) I was under the…
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Contradictory Statements In a bundle of truths, a lie will always be found within. Pinocchio told lies, and his nose grew. Unfortunately, liars in the courtroom may only be caught out by the inconsistent statements they make throughout a case. The challenge is for the jury and prosecution to find…
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Technical Aspects of Aircraft Lease (Part II of II) In the previous issue, we discussed the various categories of aircraft lease such as a wet lease, dry lease, and damp lease. We also covered broadly the legal requirements for leasing an aircraft in the UAE and its implications. The aviation…
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CLAIMING DEMURRAGE FOR UNRETURNED CONTAINERS A Case Study Time and tide wait for none. The earliest acknowledged record of this proverb is by St. Marher in 1225; however, the actual origin of this saying cannot be certainly determined. St. Marher had stated that ‘te tide and te time þat tu…
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INSIDER TRADING BETWEEN FRIENDS AND FAMILY “The stock market is a device for transferring money from the impatient to the patient.” - Warren Buffet The term insider trading has been popular amongst headlines of newspapers for a while now and has been subject to the argument of whether…
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TECHNICAL ASPECTS OF AIRCRAFT LEASING (Part 1 of 2) In the first issue of this two-part series, aviation lawyers at STA discuss the types of aircraft leasing and the legal aspects therewith. Our attorneys have on many occasions advised clients on the legalities surrounding different types of aircraft leasing and…
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Da Ta Da - Fair Dealings & Copyright Laws Have you ever bumped into someone when walking on the street because you were using your phone? Or maybe you tried to stifle your laughter when you saw someone else hit a pole or a glass window because they were so…
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Mr. DEBT’s hello to Mr. DAMAGE: Case Analysis on Freight Industry Suppose an individual has borrowed a specific sum of money against an asset of a reciprocal value as security. However, the debtor fails to fulfill his obligation; and subsequently, the creditor exercises his lien and disposes of the former’s…
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MAN, the Law, and Algorithms! “Computers will overtake humans with Artificial Intelligence within the next 100 years. When that happens, we need to make sure that computers have goals aligned with ours.” Stephen Hawking A few years ago, I used to take the morning bus to reach…
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Дипломатия и Международный Суд ООН: Анализ (Часть I из II) «Мир стоит дорого. И его цена – дипломатия. Мы все можем догадываться, кто платит эту цену, но иногда не можем себе представить ее размер.» Отдел международных отношений, юридическая компания STA. Древнейшее свидетельство дипломатических отношений относится к 1259 году до нашей…
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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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