Law Update

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September

  • DUBAI: PAY WHEN PAID CLAUSES

    by Rami Abdellatif & Marwa El Mahdy -  /

    Al Tamimi and Company successfully represented a client in an action filed against a client, a Main Contractor, who had entered into an agreement which contained a ‘pay when paid’ provision.

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  • NO CONCEPT OF UNFAIR DISMISSAL IN THE DIFC

    by Samir Kantaria & Luke Tapp -  /

    The DIFC Court of First Instance recently issued two key judgments in the cases of Hana Al Herz and Dubai International Financial Centre Authority [CFI 011/2012] and Marwan Ahmad Lutfi and Dubai...

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  • TERMINATING CONSTRUCTION CONTRACTS FOR CONVENIENCE IN THE UAE

    by Faisal Attia & Zane Anani -  /

    Under the UAE Civil Code there are three ways to terminate a contract: by consent, by operation of law and by court order (Article 267). Articles 892 to 896 of the UAE Civil Code also deal with the...

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  • DECISIONS BY DUBAI LAND DEPARTMENT: SETTLING DISPUTES ARE NOT BINDING

    by Zafer Oghli & Marwa El Mahdy -  /

    In the following judgment, the Dubai Court of Cassation answered a question important to both developers and purchasers of off-plan units - whether the decision of the Land Department is binding in...

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  • FAMILY BUSINESSES: HANDING OVER TO THE NEXT GENERATION

    by Essam Al Tamimi - 

    Along with oil, family businesses are the backbone of the Arab economies. The majority of family businesses in the Middle East are now transferring to the second generation and it is important that...

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  • UAE MINISTRY OF JUSTICE CIRCULAR: AML/CFT RESPONSIBILITIES OF LAW FIRMS, LAWYERS & PUBLIC NOTARIES

    by Ibtissem Lassoued & Andrew Hudson -  /

    The UAE Ministry of Justice (‘MoJ’) has recently issued the latest initiative by the UAE to ensure that it adheres to the highest international standards of practice in the important areas of...

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  • KUWAIT: A NEW STANCE ON FINANCIAL CRIME

    Two major sources of concern for governments and financial institutions worldwide are money laundering and terrorism financing transactions. In order to curb the instances and effects of such...

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  • REGULATING INSURANCE IN IRAQ

    by Ahmed Al Jumaili - 

    The insurance industry in Iraq, in its modern form, was not founded as a result of economic or social need to protect the locals and their assets, as was the case in other Western countries. In...

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  • SPECIAL JUDICIAL COMMITTEE TO HANDLE DUBAI’S CANCELLED REAL ESTATE PROJECTS

    by Lisa Dale - 

    On July 23 2013, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, in his capacity of Ruler of Dubai, issued Decree No. (21) of 2013 concerning the...

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  • TAKING SECURITY IN THE UAE: COMPARING THE TAKING OF SECURITY IN THE UAE TO CHINA

    by Alex Peng Shi - 

    In recent years, the market has seen increasing numbers of Chinese banks establishing a presence in the UAE (including the Dubai International Financial Centre). As a Chinese-qualified lawyer...

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  • OVERVIEW OF THE CHANGES TO THE NATIONAL MEDIA COUNCIL

    by Anita Siassios - 

    The National Media Council (NMC) is a federal government body which has been established to oversee and undertake the media affairs of the United Arab Emirates.

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  • A GUIDE TO CONTRACTING WITH THE IRAQI GOVERNMENT, CONSTRUCTION & SUPPLY CONTRACTS

    by Mohammed Norri - 

    The Iraqi government is the most prominent business partner in the Iraqi market. To date most of the money flows from public sources. As such it is essential for a foreign entity doing business in...

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  • THE NEW KUWAIT FOREIGN INVESTMENT LAW

    by Ramy Shabana & Sonia Salah -  /

    It is a long held and established business principle under the Commercial Law No. 68 of 1980 (the “Commercial Law”) that foreigners cannot engage in any commercial business without having a Kuwaiti...

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  • THE RATIONALE BEHIND CROSS-LISTING: ITS IMPLICATIONS ON CORPORATE GOVERNANCE

    by Ahmed Ibrahim & Mohamed Youssef -  /

    Companies incorporated under emergent local corporate governance regimes may benefit from cross-listing their securities on one or more of the well-developed capital markets in order to enhance their...

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  • A MOMENT WITH ANDREA TITHECOTT, SENIOR ASSOCIATE ABU DHABI

    Andrea Tithecott joined Al Tamimi’s Abu Dhabi office in June 2013 with the aim of building the Firm’s Regulatory practice. As the UAE enters a new phase of growth and development, Andrea brings with...

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  • TUNISIA JOINS THE MADRID PROTOCOL

    by Stephen Jiew  - 

    The Republic of Tunisia on July 16, 2013 acceded to the Protocol Relating to the Madrid Agreement Concerning the International Registration of Marks, adopted at Madrid on June 27, 1989 (‘Madrid...

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