“ESG, Environmental, Social & Governances, is a hot topic for every business discussion and on top of the agenda for every business strategy meeting.” Mr. Mohammed Alsuwaidi, Managing Partner of Alsuwaidi & Company, and Mr. Suneer Kumar, Head of Corporate and Commercial team, shed light on ESG engagement and litigation in various jurisdictions in …
We are pleased to share with you Craig Cothill’s article which featured in the Legal 500 Disputes Yearbook 2023. ‘Legal 500’s ‘Disputes Yearbook 2023’ contains an important article on data flows and data privacy issues in the UAE by Mr. Craig Cothill, Senior Associate resident in Alsuwaidi & Company’s Abu Dhabi office. Cothill’s analysis will …
“ESG, Environmental, Social & Governances, is a hot topic for every business discussion and on top of the agenda for every business strategy meeting.” Mr. Mohammed Alsuwaidi, Managing Partner of Alsuwaidi & Company, and Mr. Suneer Kumar, Head of Corporate and Commercial team, shed light on ESG engagement and litigation in various jurisdictions in …
The United Arab Emirates (UAE), which is a federation of seven Emirates i.e., Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain (UAQ), Ras Al Khaimah (RAK) and Fujairah, has promulgated laws which are progressive in content and application. These have, over the years, served ends of justice well. Towards this end, the Federal Government of …
Mohamed Elmasry’s recent contribution to the Gulf News focuses on how can you move out of the UAE even if you have upcoming installments. AS PUBLISHED IN GULF NEWS Dubai: if you are planning to move out of the UAE because of a new job offer, how will your decision affect any ongoing loans you …
UAE: Will I be stopped at the airport for an ongoing loan? Read More »
We are pleased to share with you Abdelhak Attalah’s article which featured in the Legal 500 Disputes Yearbook 2022. The article provides a comparative analysis in bunker litigation under the Laws of England and Wales and the United Arab Emirates and takes a look on some circumstances under which bunker suppliers, who have the right …
International Judicial Delegation in Criminal Matters As the means of communications advanced among various persons and entities, transportation and travel among countries have become easier along with the conclusion of transactions of all kinds including commercial transactions and banking transfers, and other cross-border transactions that can be completed in a matter of minutes or less …
Federal Decree Law No. 14 of 2020 was issued to amend certain provisions of the Federal Commercial Transactions Law No. 18 of 1993 and was published in the Official Gazette in Issue 687 (Supplement) issued on September 30, 2020. This law will come into force on 02 January 2022, and a number of provisions have …
From the 02 of January 2022 a Bounced Cheque will be considered an execution deed Read More »
صدر المرسوم بقانون اتحادي رقم 14 لسنة 2020 بتعديل بعض أحكام قانون المعاملات التجارية الاتحادي رقم 18 لسنة 1993 وتم نشره في الجريدة الرسمية في العدد 687 (ملحق) الصادر بتاريخ 30 سبتمبر 2020. والذي يبدأ العمل به من تاريخ 02/01/2022، وفي ضوء هذا المرسوم بقانون، فقد تم تعديل وإلغاء واضافة بعض الأحكام لقانون المعاملات التجارية …
بداية من يناير 2022 الشيك المرتجع يعد سنداً تنفيدياً Read More »
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 …
The complete Alsuwaidi & Company Legal Guide on Litigation & Arbitration in the UAE is now available. This legal guide was written with the purposes of demystifying dispute resolution in the UAE for those on the ground in the UAE, and those based internationally and who may have interests in the UAE. The complete guide …
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 »
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 »
The final and third part of the A&C Legal Guide on Litigation & Arbitration to the UAE focuses on Arbitration. The A&C Legal Guide on Litigation & Arbitration to the UAE was written with the purposes of demystifying dispute resolution in the UAE for those on the ground in the UAE, and those based internationally …
Alsuwaidi & Company Legal Guides – Guide to Litigation & Arbitration in the UAE Part 3 Read More »
What do you need to know? Read Part 1 of 3 of the Alsuwaidi & Company Dispute Resolution Guide in the UAE. REad more
Introduction Over the past 14 years, Dubai has embraced both civil and common law legal systems within its borders. In order to understand the concepts involved I have set out below the fundamentals of each system ending with a comparative look at the two systems as they are currently in use at this time. Dubai …
The United Arab Emirates is a fascinatingly inspirational young nation that has accomplished remarkable success in a short span of 48 years. UAE is also one of the safest countries with the lowest rate of crimes in the world. In line with UAE’s vision to become one of the safest places in the world, the …
The way in which Islamic banks (the “Banks”) foreclose on properties they finance due to a default of the customer depends on whether the Banks either: a) register the properties in the names of their customers and mortgage them in favour of the Banks, or b) register the properties under the names of the Banks. …
Foreclosure and Legislative Challenges for Islamic Banks Read More »
In the UAE, a country which continues to be a strategic hub with a rapidly growing economy, writing cheques is one of the common forms of payment; whether you’re buying a car, paying rent or any form of purchases and individual transactions, cheques are commonly used as a form of security. The below outlines important …
