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Editorial

Legal market overview

Regional transactional activity has continued to show signs of recovery, although it remains considerably below pre-crisis highs. Nonetheless, the market remains highly active, particularly in the real estate and construction sector; with a host of new projects and developments set to come online, a growing property investment market, and Dubai’s successful bid for Expo 2020, confidence in the construction sector is expected to rise. As global companies seek to boost sales by tapping into consumer opportunities in the Middle East, trade mark registration has become a far greater focus for stakeholders.

The legal processes in the UAE are complex: Abu Dhabi, Dubai and Ras Al Khaimah all have separate civil court systems. Local firms such as Al Tamimi & Company, Hadef & Partners and Afridi & Angell have rights of audience before the local courts, something which the international firms with a dispute resolution practice in the region do not offer. The Dubai International Financial Centre (DIFC) Judicial Authority provides a common law judicial system within the financial district.

Allen & Overy LLP, Clifford Chance and Clyde & Co LLP have a longstanding presence in the jurisdiction, and an increasing proportion of international firms are using the UAE as a hub to service the Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets.

Al Safar and Partners Advocates and Legal Consultants
www.alsafarpartners.com

Al Safar & Partners advocates & legal consultants was established in 1981 by advocate Mahdi Al Safar and has completed 33 years among the best of UAE’s law firms. The firm provides general legal advice to its clients. In the year 2008 senior advocate Ms Kavitha Panicker, managing partner of the firm, undertook the mission of growing the firm to its current status and the setting up of operational processes for quality management...

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Legal Developments in United Arab Emirates

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Press Releases worldwide

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  • Pepeliaev Group tops the Best Lawyers 2015 ranking

    The authoritative international ranking of law firms Best Lawyers 2015 has hailed Pepeliaev Group as Top Listed in Tax. This means that Pepeliaev is recognised as the top firm in Russian tax law. The award is handed to firms whose lawyers occupy the highest positions in the rankings within a certain region and practice area.
  • PP -“TOP-TIER FIRM” & “ELITE LEADING LAWYER” rankings by The Legal 500 EMEA 2015 guide

    Patrikios Pavlou & Associates LLC achieves FIRST TIER recommendations in Cyprus by The Legal 500 Europe, Middle East and Africa 2015 guide in April 2015.
  • VEGAS LEX on favorable environment for intellectual property development

    Aleksandra Vasyukhnova, Head of Technology and Investment Group at VEGAS LEX, has spoken at the Eighth International Forum on Intellectual Property – 21st Century, one of the leading industry platforms.
  • Austria: Schoenherr advises Cimpress on its acquisition of Austria's Druck.at

    Schoenherr advised Cimpress N.V., a world leader in mass customization, on its acquisition of Druck.at, one of the leading web-to-print businesses in Austria. The transaction, which was announced on 18 March 2015, closed on 17 April 2015 following the successful achievement of various closing conditions including Austrian antitrust clearance. The acquisition supports Cimpress’ strategy of building a software-enabled operational platform that aggregates and optimizes the supply chain and production of mass customized products such as signage, printing, apparel and promotional products. read more...
  • CEE: Schoenherr named Leading Law Firm in South East Europe by Chambers

    Schoenherr has been recognized as " South East Europe Law Firm of the Year " (2015) by the renowned legal publisher Chambers and Partners . Schoenherr lawyers Monica Cojocaru (partner; Bucharest), Miloš Laković (partner, Moravčević, Vojnović & partneri OAD in cooperation with Schoenherr; Belgrade) and Marko Prušnik (partner; Ljubljana) accepted the award on behalf of the firm at the Chambers Europe Awards event held this past Friday evening at Amsterdam’s Hotel Okura. read more...
  • Russian industrialists and VEGAS LEX discuss development of procedural law with Supreme Court

    VEGAS LEX and the Russian Union of Industrialists and Entrepreneurs and chaired by Mikhail Fridman have discussed improvement of judicial procedure in Russia, also in the context of the new unified Civil Procedure Code Concept and the Code of Administrative Court Procedure now in the works. The event convened representatives of the Supreme Court, the Presidential State-Legal Directorate, the State Duma Committee on Civil, Criminal and Commercial Legislation, major industrial companies and legal experts.
  • Patrikios Pavlou & Associates LLC co-sponsored the CFA first seminar of the year, 6th & 9th March 20

    The Cyprus Fiduciary Association organized two (2) full-day seminars on the Role and Liabilities of Directors which were co-sponsored by Patrikios Pavlou & Associates LLC. The seminars took place at Cleopatra Hotel in Nicosia on March, 6 and at St. Raphael Hotel in Limassol on March 9 and were hailed with great success.
  • Baker & Partners Drive Best Practice for Local Trust Firms

    Baker & Partners have issued a Guidance Note covering the retirement, replacement and removal of trustees, with information of great relevance to Jersey’s legal community and the broader legal and financial sectors. 
  • Popov & Partners admitted as a member of Bulgarian Water Association

    At the beginning of April 2015 Popov & Partners was admitted as a corporate member of the Bulgarian Water Association (BWA) . BWA is the largest organization in Bulgaria that combines all WSS operators, trade companies and business consultants with focus on the management of the water resources and the development of the water-supply services in the country. In international aspect BWA has parnership relations with European Water Association and International Water Association and other international water organizations, whose activity reflects directly over the development of the water sector in global aspect.
  • Slovenia: Schoenherr advises Laško shareholders on a majority stake in Slovenian brewer to Heineken

    Schoenherr advised a consortium of owners of Pivovarna Laško, d.d. ("Laško"), Slovenia's leading brewery group, in the sale of their combined holdings of over 51% in Laško to Heineken International B.V., part of the Netherlands-based brewing group. The opening of final offers took place on 13 April 2015, with Heineken offering EUR 25.56 per share in Laško (translating into a total purchase price of approx. EUR 114 million for the 51.11% stake on sale). Following the selection of Heineken as best bidder, the respective share purchase agreement was signed in Ljubljana the same day. read more...