What are the criminal liabilities in medical negligence?
George Bernard Shaw has righteously quoted we have not lost faith, we have just transferred it in the medical profession. Thus, an exceptional venerable position has been given to doctors, but, it is natural that greater the reverence comes with great responsibility. Over time, we have witnessed a pace of globalisation and commercialisation in all …
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Attachment Of A Bank Guarantee In Light Of The Provisions Of The Dubai Court Of Cassation
The bank guarantee is a very important tool in the business process it ensures that the liabilities of the debtor will be met in the event that the debtor fails to fulfill the contractual obligations; Pursuant to Article 411(1) of Federal Law No 18 of 1993 – Commercial Transactions Law (“CTL”), a bank guarantee is …
How to resolve B2B Disputes?
The Department of Economic Development (DED) of Dubai has recently instituted Business Protection Department (BPD) solely for reconciling commercial disputes between businesses and will act as a local commercial dispute-resolution authority.
Can A Travel Ban Be Imposed On Personal Guarantors?
Think about this situation – You are a majority shareholder of an organization which is confronting financial issues. The company applied for a bank loan.
How can you avoid debt in UAE?
The vast majority of residents in the UAE float through their day to day lives without really thinking about their spending standards to control our ways of managing their budget.
First Nullification of a Domestic Arbitration award under the umbrella of the new Federal Arbitratio
Abstract: Recently, the UAE has promulgated Federal Law Number 6 for 2018 (UFAL 2018) at the time when procedures for ratifying of arbitral awards have been changed substantively. The new UAE federal law (hereafter referred to as UFAL 2018) has replaced the enforceability of Articles 203-218 of the Civil transaction code promulgated by law number …
What is Finance Lease?
UAE Federal National Council recently issued a Federal Law number 8 of 2018 governing financial leasing (the Law) within the country. The Law prohibits any company from undertaking activities of financial leasing without a relevant license from the Central Bank of UAE.
UAE Law: Choice of governing law and Jurisdiction
Significant growth in the international trade and commerce has appended eminence to clauses of dispute resolution in the private international law. In a globalized world, everything is believed to be moving at a speed of knot. New innovative techniques have enormously affected the manner in which business is conducted.
Can you claim legal costs in arbitration?
Isn’t it too complex and too expensive to proceed with arbitration? What all costs can we recover in this arbitration apart from the claim? Can we claim attorney’s fees or legal costs from this arbitration? There are few but very frequently asked questions from the Lawyers in UAE, and the answers to these questions can …
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Do You Want To File a Case For Theft?
Theft involves obtaining someone else’s property with the intention of depriving the other person permanently from such movable property without their consent. Stealing money, accepting stolen goods or property or obtaining goods by masquerade. Legal Consultants of Dubai often suggest clients consider important points highlighted in this article in the case of theft. Federal Law …