ArticleAsia: Flexible Working ArrangementsIn today's post-Covid world, flexible working arrangements have evolved from a temporary solution to a likely permanent fixture.WorldwideEmployment and HRHerbert Smith Freehills Kramer LLP
ArticleGerman Federal Supreme Court Specifies Duty Of Banks To Disclose Commission Payments In Relation To Capital InvestmentsThe Claimant, a wealthy individual, purchased several properties from a trading company in 1996 at a price of DM 52 million.GermanyFinance and BankingHerbert Smith Freehills LLP
ArticlePressure Points: Timely Amendments To UAE Bankruptcy Law Introduced To Cover Emergency Situationshttps://www.herbertsmithfreehills.com/latest-thinking/pressure-points-timely-amendments-to-uae-bankruptcy-law-introduced-to-coverUnited Arab EmiratesInsolvency/Bankruptcy/Re-StructuringHerbert Smith Freehills LLP
ArticleThe Unintended Consequence Of InsuranceLast week, the UK's Supreme Court gave a decision by the closest of margins which will have significant implications for Middle East projects where the parties have agreed a common approach to insurance.United Arab EmiratesInsuranceHerbert Smith Freehills LLP
ArticleCombatting Corruption And Fraud Through Investment ArbitrationSpeaker, IAC Eurasia Arbitration Week 2024 (Astana, Kazakhstan)...KazakhstanLitigation, Mediation & ArbitrationBär & Karrer Ltd.
ArticleCovid-19: People: 10 Key Points You Should Know Regarding Employee Pay ReductionsThe UAE Ministry of Human Resources and Emiratisation ("MOHRE") published Ministerial Resolution 279 of 2020 on 26 March 2020, ("MR") to equip both businesses and their employees...United Arab EmiratesCoronavirus (COVID-19)Herbert Smith Freehills LLP
ArticleCovid-19: People: 10 Key Points You Should Know Regarding Employee Pay Reductions (UAE)The MR is effective immediately and until such time as the Government's precautionary measures are removed.United Arab EmiratesEmployment and HRHerbert Smith Freehills LLP
ArticleDubai's New Judicial Authority: What You Need To KnowOn 18 April 2024, the Ruler of Dubai established the new Judicial Authority for Resolving Jurisdictional Conflicts between the DIFC Courts and the Judicial Bodies in the Emirate of Dubai...United Arab EmiratesLitigation, Mediation & ArbitrationHerbert Smith Freehills LLP
ArticlePRC Adopts Commercial Exception To State ImmunityThe PRC has passed a new law which will apply the "restrictive" approach to foreign state immunity with effect from 1 January 2024. As a result, foreign states will not be granted immunity from suit or execution...WorldwideLitigation, Mediation & ArbitrationHerbert Smith Freehills Kramer LLP
ArticleRetirement-Related ObligationsAsia's diverse landscape, with its unique retirement-related obligations in each jurisdiction, poses challenges in formulating a harmonised retirement policy. WorldwideEmployment and HRHerbert Smith Freehills Kramer LLP
ArticleADGM Introduces Regulations Governing SPVS And FoundationsThe Abu Dhabi Global Market ("ADGM") has introduced a regulatory framework governing the appointment of Company Service Providers ("CSPs") by special purpose vehicles ("SPVs") and foundations.United Arab EmiratesCorporate/Commercial LawHerbert Smith Freehills LLP
ArticleInside Arbitration: The Undeniable Rise Of Arbitration In Saudi ArabiaThe Kingdom of Saudi Arabia is pursuing high-paced redevelopment. Aiming to reduce its dependence on oil reserves (an industry accounting for 20-40% of GDP)...Saudi ArabiaLitigation, Mediation & ArbitrationHerbert Smith Freehills LLP
ArticleEnglish High Court Holds English Court Judgments Can Be Enforced In The United Arab EmiratesIn Invest Bank PSC v Ahmad Mohammed El-Husseini and ors [2022] EWHC 3008 (Comm), the English High Court held that there was no real risk of substantial...United Arab EmiratesLitigation, Mediation & ArbitrationHerbert Smith Freehills LLP
ArticleDIFC Courts Sign A Memorandum Of Guidance For The Reciprocal Enforcement Of Money Judgments And A Memorandum Relating To References Of Questions Of Law With SingaporeIn signing up to the MOG, the DIFC Courts and Supreme Court of Singapore have undertaken to apply a common law approach to the reciprocal enforcement of foreign judgments. United Arab EmiratesInternational LawHerbert Smith Freehills LLP
ArticleChanges To The UAE Civil Procedure CodeCabinet Resolution No. 57 of 2018 has amended the Executive Regulations of the Civil Procedure Law No. 11 of 1992 resulting in an extensive revision of the civil procedure for onshore UAE Courts with a focus on modernising the court process.United Arab EmiratesLitigation, Mediation & ArbitrationHerbert Smith Freehills LLP
ArticleThe New DIFC-LCIA Arbitration Rules 2016The DIFC-LCIA Arbitration Centre has issued its new rules which will apply to all arbitrations commencing on or after 1 October 2016.United Arab EmiratesLitigation, Mediation & ArbitrationHerbert Smith Freehills LLP
ArticleUAE Employment Law Round-Up - September 2020Over the past few weeks we have witnessed a number of key updates to the UAE employment law. In this round-up we provide insight into three important updates: United Arab EmiratesEmployment and HRHerbert Smith Freehills LLP
ArticleLeasing Of Real Estate In The DIFCWe are pleased to issue this update in respect of two important legal developments regarding leasing of real estate in the DIFC. First, DIFC Leasing Law No.1 of 2020 ...United Arab EmiratesReal Estate and ConstructionHerbert Smith Freehills LLP
ArticleCovid-19: People: Government Issues Guidance And Clarification On Ministerial Resolution 281 Of 2020 Regarding Remote Working (UAE)The MR is effective until such time as the Government's precautionary measures are removed. United Arab EmiratesCoronavirus (COVID-19)Herbert Smith Freehills LLP
ArticleThe New SCCA Rules – Strengthening Arbitration In Saudi ArabiaOn 1 May 2023, the Saudi Centre for Commercial Arbitration (SCCA) announced the publication of its revised SCCA Arbitration Rules...United Arab EmiratesLitigation, Mediation & ArbitrationHerbert Smith Freehills LLP