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Different Strokes for Different Courts In January of 2012, Macy’s, a renowned retail store, decided to sue Martha Stewart for entering into a contract with a rival retail store J.C. Penney, which they claimed breached their own contract with Martha Stewart for exclusive products in 2006. This led to a…
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Be Aware, else Beware (Part I of II) ‘Ignorance of the law excuses no man; not that all men know the law, but because it’s an excuse every man will plead, and no man can tell how to refute him’ - John Seldon The law has provided that an ignorance…
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Electronic Registration of Cases- Advantages and Legal Problems “The Internet is becoming the town square for the global village of tomorrow.” -Bill Gates Introduction Dubai has evolved to become the marketing and commercial hub of the Middle Eastern region. A surfeit of investors, traders and tourists flock into the Emirate on a…
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Medicinal Product Regulation and Product Liability in the United Arab Emirates: An Overview What are the main legislation and regulatory authorities for pharmaceuticals in your jurisdiction? Response: Applicable Legislation: Federal Law No. 4 of 1983 (Pharmaceuticals Law 1983) governs and applies to: · Pharmacists. · Pharmaceutical establishments. · Import, manufacture, and…
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Company Formation in Sharjah International Airport Free Zone (SAIF Zone) 1. What law established this Free Zone? Sharjah Emiri Decree Number 2 of 1995 established both the Free zone at Sharjah International Airport and the Sharjah Airport International Free Zone Authority. 2. What are the main internal regulations governing this…
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Ипотечный Залог Воздушного Судна Сунил Такер и Река Панчал обсуждают технические аспекты, окружающие финансирование воздушных судов, ипотечный залог, управляющее право и несколько судебных прецедентов в контексте ОАЭ, Великобритании и США. Финансовые рынки имеют важнейшее значение для общего развития экономики. Банковские системы и фондовые рынки способствуют усилению роста и…
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Spotting the Fake: Forgery Under UAE Law Part 2 of 2 In the previous issue we discussed material aspects relating to forgery under UAE Criminal Laws and other statutes. We discussed broadly – the definition of forgery, types of forgery (material and moral), legal implications of denial in light of…
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Агентское право в Российской Федерации – Вопросы и Ответы STA продолжает оставаться в авангарде торговли и коммерческих отношений через государственные границы. Поскольку мы продолжаем консультации клиентов по вопросам франшизы и агентского права на российском рынке, в этом выпуске мы внимательно посмотрим на положения российского законодательства, касающиеся агентств. Вообще говоря,…
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Кто кого обманывает? Борьба с подделками в контексте ОАЭ “Если покупатели хотят быть снобами, закон будет защищать их в их снобизме. i” Потребительская промышленность требовательна и особенно, когда это относится к товарам роскоши, продаваемой по розничной цене. Мало кто упустит возможность приобрести роскошную вещь по доступной цене. Тактика…
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A documentary credit or a letter of credit is usually used to finance international trade. Judges have referred to documentary credits as the “life blood” of international commerce. Most documentary credits in international transactions are governed by the International Chamber of Commerce (ICC) Uniform Custom and Practice for Documentary Credit…
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The due diligence is sin qua non for the purposes of investments, acquisitions, joint ventures, partnerships or such other essential investment ventures. It provides rational assurance on the investment related to assessment, financing and purchase of assets. The mining companies, by its nature of exploration and mining launch itself or…
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“We’ll build a city dedicated to support entrepreneurs in Dubai. I invite the Arab youth to join the march of innovation and entrepreneurship,” his Highness Sheikh Mohammed bin Rashid al Maktoum, Vice President of the United Arab Emirates (UAE), Prime Minister and Ruler of Dubai asserted. Just when you think…
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We have already highlighted in a previous article1 the fact that the Federal Law no. 18 of 19812 , also known as UAE Commercial Agency Law (the Law), has a protectionist approach favoring the Agent, defined therein as “A natural person holding the nationality of the state, or a juridical…
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“In a world that’s changing so quickly, you are guaranteed to fail, if you do not take any risks” …
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