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Finance lawyers in dubai

Navigating the Complexities of Finance: The Role of Finance Lawyers in Dubai In the dynamic and ever-evolving landscape of finance, businesses and individuals face numerous legal challenges. From corporate transactions and regulatory compliance to banking disputes and investment strategies, having the guidance and expertise of finance lawyers is essential. In this blog, we will explore …

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ICC Arbitration Rules: Expedited Procedure

In addition to the usual ICC Arbitration Rules and in response to concerns of the time an arbitration can take from commencement to the final award, the International Chamber of Commerce (ICC) offers an expedited arbitration, which reduces the time limits of the arbitral proceedings and can impose other procedural limitations, as an alternative to …

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Civil Family Law Updates for Non-Muslims – What you need to know

The UAE announced the Federal Decree-Law No. (41) of 2022 concerning “Civil Personal Status” in the UAE which will come into effect on February 1, 2023. The decree-law provides a flexible and developed judicial mechanism for settling personal status disputes of non-Muslims. It enhances the status and competitiveness of the UAE in regulating family matters …

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Things you need to know about Civil Procedures Law (CPL)

A new law pertaining to civil procedure has been issued, Federal Law 42 of 2022, which consolidates and replaces Federal Law 11 of 1992 on civil procedure and its executive regulations issued under Cabinet Resolution No. 57 of 2018. The New Law will come into force on 2 January 2023. Whilst the New Law does …

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Could you be accused of Forgery? How not to be a victim of such accusation?

Forgery is a criminal act in the United Arab Emirates. It is governed by Federal Law No. 31 of 2021 and the Federal Penal code No. 15 of 2020. The occurrence of a forgery has a negative impact on personal relationships and day-to-day business operations. In this article, we define Forgery as per the UAE …

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Issuance of Cheque with Insufficient Funds – The Legal Consequences

Issuance of Cheque with Insufficient Funds- Legal Consequences   Issuing a cheque with no sufficient balance is considered an illegal and criminalized act pursuant to UAE Laws that were applied before the issuance of The Federal Decree-Law No. 14 issued in 2020and started being effective and applied from 2nd January 2022, such decree came with …

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Managing Director Liabilities & Obligations

FAQ Managing Directors Obligations Written by: Bassel Ostwani   Q: Is the manager liable to protect the company’s interests? A: A person authorized to manage the company shall preserve its rights and extend such care as a diligent person. Q: Is the manager responsible for keeping the company’s financial records and showing it to the …

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New Regulation of Labor Relations in Private Sector

The New Federal Labor Law will take effect from February 2, 2022. & Will include major changes pertaining to the regulation of Labor relations in the private sector as follows: [1] Federal Decree Law No.33 of 2021   Scope of Application Under Article 3 1- The provisions of this Decree-Law shall apply to all Establishments, …

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