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Post-Closing Transactional vs Ongoing Enterprise Due-Diligence “Diligence is the mother of good fortune.” - Miguel de Cervantes Saavedra Introduction In July 2016, the Australian Securities and Investments Commission (ASIC) stated that it’s review of 12 initial public offerings (10 of which were small and mid-sized companies), found incredibly poor due…
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Delay Penalty in Construction Contracts “No construction project is risk-free. Risk can be managed, minimized, shared, transferred or accepted. It cannot be ignored” -Michael Latham Scope and usage of back-to-back contracts Back-to-back contracts are becoming an increasingly common feature of construction projects. Construction projects typically involve the collaboration of three…
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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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Закон об аренде в Абу Даби и его изменения Закон об аренде недвижимости является одним из наиболее важных аспектов жизни общества, который определяет права и обязанности физических лиц. Кроме того, он также устанавливает принцип взаимодействия между людьми в целом и для разрешения их споров в частности. Закон об аренде жилья…
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The construction contracts are generally prepared as per Fédération Internationale des Ingénieurs-Conseils (the FIDIC) red books 1987 and 1999, yellow book and silver book contract forms specifically in UAE to deliver projects. The legal provisions applying to such contracts are UAE Civil Code, Federal Law No. 5 of 1985 as…
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Agreeing with your spouse to reimburse him or her after a shopping trip? A contract. Buying a plane ticket? A contract. Signing an offer letter from an employer who has offered you a job? A contract. A multi-page complex document laying out the terms and conditions of a high-value corporate…
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While driving back from work yesterday I noticed a renowned hotel brand had popped up in my community out of nowhere. A few days back that same building was supposedly a mixed use development, but it now boasts the logo of a luxury hotel chain. As discussed in the first…
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