Amendments on UAE laws involving bounced cheques from 2022 A. Amendments to criminal offences associated with bounced cheque: The most anticipated decree, the Federal Decree No. 14/2020 (the “Decree”) will come into force in January 2022, abrogating provisions of Article 401, 402, and 403 of the Federal Law No. 3/1987 concerning the Penal Code governing […]
Decriminalisation of bounced cheques Read More »
Read Legal Business Week’s interview with Managing Partner Mohammed Alsuwaidi where he talks about the role of technology in the legal profession, what sets Alsuwaidi & Company apart from other law firms in the region, and how the firm navigated the pandemic so that it provided continuous support to all its clients. You can view
Legal Business Week interview with Mohammed Alsuwaidi, September/October 2021 Read More »
CRIMINALS HAVE BEEN BUSY: The COVID-19 pandemic dominated 2020. Cybercriminals have been busy exploiting vulnerabilities as a result of the pandemic, disrupting companies with remote working becoming a reality. We are all more exposed to cyber fraud due to the inevitable digital dependence, and this has resulted in cases of financial cybercrime being at an
Financial cybercrime since the COVID-19 Pandemic: Read More »
Alsuwaidi & Company sponsored this year’s Inhouse Congress. Our panel focused on Anti Money laundering and Dispute Resolution. Read More
Key Takeaways from Inhouse Congress 2021 Read More »
A new chapter has arrived with arbitration in Dubai being under the umbrella of DIAC with DIFC-LCI continuing as a division of DIAC with its own rules and case officers. This will make the process of arbitration more streamlined and allow users to have a real choice in the arbitration procedures and rules to be
News update: Arbitrations in Dubai Read More »
We are pleased to share with you our contribution to Legal Business. Our article takes a look at the recent English Supreme Court judgements that affect International Arbitration and how this interpreted into the world of arbitration within the GCC region. The cases of Enka Insaat Ve Sanayi AS v 000Insurance Company Chubb [2020] and
Dubai International Financial Centre (DIFC) has enacted new Intellectual Property Regulations with effect from 5 July 2021 under DIFC Law No. 4 of 2019 (IP Law). The new regulations will enable DIFC to increase innovation by identifying and protecting IP rights, important to technology and start-up companies. Moreover, these regulations allow Commissioner of Intellectual Property
Abu Dhabi to allow 100% foreign ownership of professional companies Read More »
Dubai International Financial Centre (DIFC) has just announced its first successful cross-border merger under the DIFC’s Companies Law. The DIFC Companies Law allows mergers between both private and public companies established in the DIFC and companies established in jurisdictions outside of the DIFC. This is a huge step forward that allows the DIFC to attract
DIFC Success in first cross-border merger Read More »
Last Wednesday, Reda Hegazy was invited to participate on Judicial Training Institute of the Ministry of Justice on the experts role in maritime disputes. Mr Reda said “My lecture focused on the role of legal experts in light of the Supreme Courts provisions that experts should be fully aware of the legal principals in how
The Expert Role in Maritime Disputes Read More »
Cyber blackmailing is the threat of disclosing certain information about a person, or doing something to harm a threatened person if the threatened person does not respond to certain requests. This information is usually embarrassing or socially destructive. A common form of blackmail is threatening the victim to share private pictures or videos or expose
Cyber Blackmailing Read More »
In a historical development of India and UAE relationship, UAE Judgment will be recognized and enforceable in India based on reciprocity as per the Notification issued by the Government of India on 17 January 2020 (“Notification”). On 17 January 2020, Government of India published in its official gazette Notification for recognition of the UAE as
Be aware: Defaulters in UAE may be pursued in India Read More »
Article 85 of the Regulations of the Civil Procedures Law issued by Cabinet Resolution No. 57 of 2018 (“Regulation”) regarding the regulations of Federal Law No. (11) of 1992 regarding civil procedures, enumerates the procedures that the applicant shall take to enforce foreign provisions, orders and bonds within the state. In addition, Article 86 of
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister, in his capacity as Ruler of Dubai, has issued an amendment to Law No. 21 of 2015 regarding the new fees of the Dubai Courts. The amendment replaced the provisions of Articles (8), (14) and (35) with provisions relating to non-payment of fees,
Japan Patent Office (JPO) decided that VW’s famous car model “Polo” is dissimilar to, and unlikely to cause confusion with, the word mark “Car-pollo” when used for car navigation. Volkswagen AG filed an opposition against registration the word mark “Car-pollo” written in standard character filed by Baidu Online Network Technology Beijing Company Limited on the grounds that
IP News, “POLO” vs “Car-pollo” Read More »
Alsuwaidi & Company succeeded in obtaining final and executory judgment rendered by the Dubai Court of Appeal in favor of our Client whereby it upheld to hold the shareholder of a limited liability company jointly and severally liable for said company’s obligation. Short facts: The Client filed a commercial dispute case before the Dubai Court
Dubai Court’s Leading Judgement on Piercing the Corporate Veil Read More »
“Alsuwaidi & Company has successfully represented their client in a ruling by the Federal Supreme Court on 15 January 2019 on the enforcement and recognition of an arbitral award.”. In the said ruling, the Federal Supreme Court overturned a refusal by the Khor Fakkan Court of Appeal to recognize and enforce a foreign arbitral award
Arbitration Judgment Read More »
A Judgment issued by the Dubai Court of Cassation to stop the infringement of a well-known trademark in a case that presents a unique precedent because of the difficulty in these types of cases to ascertain the conditions and reasons for stopping the infringement of trademarks and prevent it. The case is that the claimant
A Judgment by Dubai Court of Cassation to stop infringement of international trademark Read More »
Due to the inability of some individuals to own properties or movables of high value that exceed their financial limits, the federal legislators were led to issue a law on Financial Leasing. This law aims to make individuals of limited income invest in immovables and movables in long-term installments. These individuals are entitled to own
The New Federal Law on Financial Lease Read More »
“But I did not know!”; “That can’t be!”; “It’s totally unacceptable!” These may just be a few of exclamations that people utter when they are apprehended while transiting, visiting or moving to a new country. As in most jurisdictions, “Ignorance of the law excuses no one.” Therefore, it is highly advisable to get acquainted with
“Ignorantia Legis Neminem Excusat” Read More »
يدخل القانون رقم 9 لسنة 2019 بشأن الاعسار حيز التنفيذ بداية من يناير 2020 وهي سنة الرهان الاقتصادي والمجتمعي على التطور والتطلع الى دولة أكثر سعادة واستقرار فما هو دور قانون الاعسار في هذ السياق؟ على خلاف القانون الاتحادي المتعلق بالإفلاس، يشمل قانون الاعسار المدنيين من غير التجار ممن حالت الصعوبات المالية دون سداد ديونهم
قانون الاعسار، الأهداف والاليات Read More »
Alsuwaidi & Company’s Head of the Maritime Department, Mr. Abdelhak Attallah, participated in the discussion on “London’s Competitiveness as a Shipping Cluster” on 9 September 2019 at the 2019 edition of London International Shipping Week (LISW). At the said event, Maritime London, the Department for Transport (DfT), and the City of London Corporation formally launched
“London’s Competitiveness as a Shipping Cluster” Read More »
The United Arab Emirates (UAE) is one of the fastest-growing countries in the field of construction and real estate development. Among the seven emirates in UAE, the Emirate of Dubai is one of the leading contributors in the speedy growth of construction and real estate development through the issuance of comprehensive real estate legislations as
The United Arab Emirates officially announced changes in the official fees for services offered by the Ministry of Economy. As regards to intellectual property fees, the following reductions were made: – Trademark registration fees were reduced from AED 10,000 to AED 6,700. No changes to filing and publication fees. – Trademark renewal fees were reduced
United Arab Emirates Reduction In Trademark Registration And Renewal Fees Read More »
إن الإسلام شرع وسيلة التحكيم لتسهيل عملية التقاضي واختصارها وقد أولى الفقه الإسلامي موضوع التحكيم عناية قصوى، فنظمه تنظيماً جيداً ووضع له ضوابط وقواعد. وتكمن مزايا التحكيم في قلة كلفته وتبسيط إجراءاته وسرعته، وسرية جلساته، واتساع أسسه، خصوصا إذا كان القائمون به مشهوداً لهم بالكفاءة والمهارة والاستقلالية والخبرة والاستقامة والنزاهة والحكمة ولم يخرج تعريف التحكيم
مشروعية التحكيم كوسيلة لفض المنازعات Read More »
The Dubai Land Department (DLD) has circulated a new investor protection law which aims to protect the rights of property investors in Dubai. A move well welcomed by the emirates industry professionals and legal experts and expected to restore confidence in Dubai real estate sector. The coming law aims to improve the clarity and fairness
“Tanweer” The awaited Real Estate Investor Protection Law Read More »
Dubai liquidates Cancelled Real Estate Projects By a decree issued last July 2013 by His Highness Sheikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, a special legal committee will be set up in order to liquidate canceled real estate projects in Dubai. The mission of the
Dubai liquidates Cancelled Real Estate Projects Read More »