Cross-border asset recovery is a complex and often challenging process, especially when navigating the legal and procedural differences across multiple jurisdictions. From offshore judgments to onshore enforcement in regions like the UAE, lawyers must devise strategic approaches for successfully recovering assets on behalf of the creditors. An ideal approach would be to create a global […]
The enforcement of court judgments in the UAE is governed by Federal Decree-Law No. 42 of 2022 (the “Civil Procedure Law”). This process is detailed in Articles 206 to 338, which outline the steps available to creditors to ensure successful enforcement of judgments. Execution Department, Supervising Judge, Notification of Parties and Initiating Execution Once a […]
In an era of fierce competition and economic openness, trademarks have become one of the greatest assets for companies and organizations. They are not just names or logos; but represents an identity and a reputation built over years of effort and creativity. When compared to the abrogated law on trademarks, the UAE Federal Law No. […]
The Dubai Courts have played an important role in shaping the landscape of arbitration within the United Arab Emirates (UAE). Historically, the failure of parties to pay their share of arbitration costs, particularly in Dubai International Arbitration Centre (DIAC) proceedings, was deemed sufficient grounds for the arbitration to be closed. This closure was widely considered […]
The United Arab Emirates (UAE) has one of the most comprehensive legislations on intellectual property (IP). These regulations reflect the UAE’s commitment to strengthening protections for intellectual property and aligning its legal framework with global best practices, particularly in the context of rapid technological advancement. The IP laws provide clarity, modern approach, and facilitate business […]
The United Arab Emirates (UAE) has made progressive approach towards cryptocurrency and digital assets. There are regulatory bodies that govern crypto in the UAE which involves authorities and regulations depending on the jurisdiction within the UAE. How do these authorities define, regulate and manage crypto assets and what are the key differences on crypto between […]
This article outlines the proposed approach to establish a financial entity in the Dubai International Financial Centre (“DIFC”). It is based on the information provided in the DIFC checklist and the assumption that the client is seeking to establish a (type of financial entity, e.g., bank investment firm, fund management company). The entity will be […]
The United Arab Emirates (UAE) uses Power of Attorney (POA) arrangements as an important instrument of legal and financial management, as stated in the UAE Civil Transactions Law Federal Law No. 5 of 1985 as amended by Federal Decree-Law No. 30 of 2020 (“Civil Code”). A POA is governed by Articles 924 to 961 of […]
When arbitration was introduced in the United Arab Emirates (“UAE”), it was largely used by international businesses, its usage has grown over time. Today, both the international and the local business community increasingly opt arbitration to resolve disputes. There are seven arbitration bodies relevant to international arbitration based in the UAE. Onshore, the primary local […]
