Law Update

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April

  • DIVERSIFICATION OF ACTIVITIES OF INSURANCE COMPANIES AND ITS RECONCILIATION WITH ARTICLE 25 OF FEDERAL LAW NO. 6 OF 2007

    by Fatima El-Zeiny - 

    Being mindful of the time frame stipulated by the Insurance Regulator (United Arab Emirates Insurance Authority) as the ultimate deadline for insurance companies to comply with the above mentioned...

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  • IRAQ: INSURANCE REGULATION LAW NO. 10 OF 2005.

    by Modher Majeed  - 

    By implementing the Insurance Regulation Law no. 10 of 2005 (the "Law"), the Iraqi government has given the following entities the right to conduct insurance services:

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  • THE KUWAIT CAPITAL MARKETS AUTHORITY (CMA) AMENDMENTS

    by Wassim Sassia  - 

    The Capital Market Authority (the “CMA”) has issued on 13 February 2012, an administrative resolution no. 4 of 2012 that was published in the Official Gazette on 19 February 2012 with respect to...

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  • ASSET FINANCE IN THE UAE FINANCING STRUCTURES AND CREATION OF SECURITY

    by Azlin Ahmad / Rafiq Jaffer  -  /

    Introduction: Asset finance should be distinguished from financing where movable assets are provided to a lender only for the purpose of securing a debt.

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  • QATAR PASSES A NEW LAW FOR IP BORDER MEASURES

    by Rasha Al Ardah - 

    Although intellectual property rights protection is relatively new in Qatar, the intellectual property legal regime is quite comprehensive in terms of the number of laws protecting almost all types...

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  • COURT OF CASSATION JUDGMENT - THE IMPORTANCE OF VALID LEGAL SERVICE

    by Ahmed Allouz / Rami Abdellatif  -  /

    Introduction: Focus is often placed on the subject matter of a case and its claim and grounds without giving consideration to certain procedural details such as the service of process which,...

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  • TERMINATION OF UNLIMITED EMPLOYMENT CONTRACT: THE MYTH AND THE TRUTH

    by Ayen Biar - 

    The employment relationship between employers and employees in the UAE is governed by the provisions of Law No. 8 for the year 1981, otherwise known as the Employment Law.

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  • JORDAN: THE DRAFT OF THE REORGANIZATION, BANKRUPTCY AND LIQUIDATION LAW FOR THE YEAR 2012 (THE "DRAFT LAW")

    by Saleem Kharraz  - 

    In an attempt to offer some aid to merchants and businesses struggling financially in the midst of this financial crisis, a new law draft has been submitted for the competent authority's approval.

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  • OPEN SOURCE SOFTWARE – WHAT ARE THE RISKS?

    by Waldo Steyn  - 

    During January 2011 Gartner, Inc. (a technology research and advisory company) published a report entitled “Survey Analysis: Overview of Preferences and Practices in the Adoption and Usage of...

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  • LEGAL PERSPECTIVE OF CONVERTING A CONVENTIONAL BUSINESS INTO AN ISLAMIC ONE

    by Husam Hourani  - 

    Islam is a way of life; it encompasses all aspects of an individual’s life including social, economic and political.

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  • THE COURT’S APPROACH IN BANKRUPTCY CASES UNDER EXISTING UAE LAW

    by Hussain Eisa Shiri & Suzanne Abdallah -  /

    The UAE’s bankruptcy laws were put in the spotlight after Dubai’s largest state-owned firms sought to renegotiate borrowings in the wake of the global financial crisis.

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