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Akin Gump Strauss Hauer & Feld LLP

ABU DHABI GLOBAL MARKET SQUARE, AL SILA TOWER, 21ST FLOOR, PO BOX 55069, ABU DHABI, UNITED ARAB EMIRATES
Tel:
Work +971 2 406 8500
Fax:
Fax +971 2 406 8511
Email:
Web:
www.akingump.com
Abu Dhabi, Austin, Beijing, Dallas, Dubai, Frankfurt and 13 more

United Arab Emirates

Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 3

Akin Gump Strauss Hauer & Feld LLP

Akin Gump Strauss Hauer & Feld LLPā€™s Abu Dhabi-based team, led by Chadi Salloum, advises clients from industry sectors such as real estate, energy and infrastructure. Wael Jabsheh recently assisted Abu Dhabi Airports Company with its investment in the redevelopment of Seychelles International Airport. Corporate investigation specialist Natasha Kohne is recommended.

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Construction
Construction - ranked: tier 3

Akin Gump Strauss Hauer & Feld LLP

Akin Gump Strauss Hauer & Feld LLPā€™s practice, led by front-end specialist Marc Hammerson, continues to handle contentious and non-contentious big-ticket matters. A cross-office team is advising Abu Dhabi Water & Electricity Authority on the construction of a 350MW solar photovoltaic power project. London-based construction specialist Hamish Lal is ā€˜a top-class technical lawyer with a breadth of strategic thinkingā€™. Abu Dhabi-based Shawn Davis and Natasha Kohne are also recommended.

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Energy and infrastructure
Energy and infrastructure - ranked: tier 3

Akin Gump Strauss Hauer & Feld LLP

Akin Gump Strauss Hauer & Feld LLP is noted for its oil and gas expertise. Chadi Salloum is advising Abu Dhabi Water & Electricity Authority and Abu Dhabi Water & Electricity Company on the development and financing of a 350MW solar photovoltaic power project. Senior counsel Shawn Davis is ā€˜not only knowledgeable but also willing to go the extra mile to serve his client and help safeguard its interestsā€™. Marc Hammerson heads the team.

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Legal Developments in United Arab Emirates

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Arbitration Article Series V: Challenging an Arbitration

    In this case the losing party will file an annulment case. However, it may be possible to argue that the parties have accepted the tribunalā€™s jurisdiction, or have waived any right to object, or have lost that right by not objecting at the first opportunity.
  • Investors win Dh84m claim against developer in Dubai

    A Dubai developer has been ordered to pay three men Dh84m after they failed to deliver villas the men had purchased from a housing project near Dubai Land.
  • The Public-Private Partnership Law Review 3rd Edition

    The Philippine chapter of The Public-Private Partnership Law Review 3 rd edition was contributed by SyCipLaw partners Marievic G. Ramos-AƱonuevo and Arlene M. Maneja . The chapter includes information on public-private partnerships (PPPs) in the Philippines, including general framework, bidding and award procedure, contractual arrangements, financing, and recent developments and decisions.
  • Arbitration Article Series IV: Enforcing Arbitration Awards

    In this case the losing party will file an annulment case. However, it may be possible to argue that the parties have accepted the tribunalā€™s jurisdiction, or have waived any right to object, or have lost that right by not objecting at the first opportunity.
  • Arbitration Article Series I: Rise of Arbitration

    The UAE has rapidly emerged as a leading financial centre, attracting large global investors and businesses. As international developers and contractors continue to invest in construction projects, there has been an increasing trend in the use of arbitration in Dubai. The arbitration process is the preferred method to resolve disputes by commercial companies. As the certified language of arbitration proceedings is in English, a specialist tribunal can be appointed as opposed to the more broad UAE courts, and arbitration is generally more cost-effective and less time-consuming. This has led businesses and investors in the UAE to ensure that arbitration clauses or agreements are inserted into their contracts. Furthermore, the downturn in economic conditions in the real estate market over the past few years has led to an increase in disputes in general, and parties are more likely to issue court proceedings than to try to recover their losses through other ventures.
  • Arbitration Article Series II: Appointing Arbitrators

    An arbitrator can be appointed directly by name (this is not the common method used), through the court or through the arbitration centre. If you agree for the court or arbitration centre to appoint an arbitrator you need to make an application. The arbitration provisions of the Civil Procedure Code contain mandatory provisions concerning the appointment of an arbitrator. There must be an odd number of arbitrators, although there is no limit set on the number of arbitrators.
  • Arbitration Article Series III: Terms of References

    Parties wanting to enforce an award under the New York Convention must satisfy the requirements of the UAE Civil Code. In practice, enforcing arbitration awards can be a lengthy and unpredictable process. It is common for the UAE courts to require the foreign award to satisfy the rules and procedures of the UAE, and they may refuse to enforce it if there is a violation of local laws. One potential difficulty arises in convincing the UAE court that it did not have jurisdiction to hear the dispute in the first place (irrespective of the arbitration agreement between the parties). The UAE courts normally have a fairly broad jurisdiction over disputes including, for example, claims connected to money or assets within the UAE and claims arising out of contracts executed or to be performed in the UAE, as well as claims over foreigners who are resident in the UAE. Therefore, it is difficult to prove that the UAE court did not have jurisdiction over the order.
  • An Introduction to Corporate Guarantee

    In the UAE, the risk management activities inherent in running a corporate or investment banking business remain of crucial importance, not least because of the strong local characteristic of ā€œname lendingā€, by which is meant lending or providing other banking facilities to family or other private businesses, primarily on the strength of the ā€œnameā€ or ā€œnamesā€ of the proprietors standing behind the business, rather than on the strength of the asset quality and underlying credit of the particular business. Of course, in practice, there is commercial overlap between the proprietors and the companies which they own, but the credit analyses can break down where poor banking practices and procedures result in poorly constructed legal documentation and gaps in guarantee and security support documents.
  • An Introduction to Personal Guarantee

    The economic boom in UAE has resulted in huge developments and a considerable increase in trade.Ā This in turnĀ has led to a rise in transactions which require a fast debt recovery mechanism. According to common practice in the UAE, the most secure and quickest method is the post-dated -Ā  and in some casesĀ undatedĀ ā€“ cheque. This is often requested by creditors (financial institutions) and sellers, mostly in real estate transactions and trade. The rationale is mostly economic to individuals who are issuing the cheque, and how does personal guarantee play a role? In this Article, we attempt to analyze and overview UAE laws onĀ PersonalĀ guarantee.
  • The Rules and Procedures Followed Before the Criminal Courts under the UAE Criminal Procedure Law

    After having explained the procedures of transferring cases to the criminal courts, in this part we will describe the procedures following the transfer and the rules to be followed before the criminal judge in the hearings.