March 21, 2021

BC Court of Appeal Affirms Application of Traditional Contract Law to Bitcoin Loan Agreements

ICC Issues Guidance on Arbitration During COVID-19

On 9 April 2020, in light of the COVID-19 pandemic the International Chamber of Commerce (“ICC”) assured that the International Court of Arbitration (the “Court”) remains operational and continues to progress pending arbitrations and accept new cases, and issued a guidance note on possible measures aimed at mitigating the effects of the COVID-19 pandemic. The […]

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Leveraging Public Finance for Spaceports: An Analysis of Recent Amendments for Commercial Space Infrastructure Under IRC § 142

Qatar Courts and Tax Authority take action amidst COVID-19 (Coronavirus) pandemic

Qatar Courts Suspend Hearings for Two Weeks The Supreme Judicial Council of Qatar announced the suspension of hearings of the Appeal Court, the Court of First Instance, labor dispute settlement committees and rental dispute settlement committees as of 15 March 2020, for a period of two weeks. In a press statement, the Council affirmed the

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Designated Zones and the Burden of Proof: An Analysis of Federal Supreme Court Case 1570/2024 on Excise Tax

UAE employment disputes amidst COVID-19: force majeure, class actions, unionization, and procedures

As the Coronavirus pandemic takes its toll on businesses, many employment relationships are facing disruption, and employers are taking action on a mass-scale, with issues relating to unpaid leave, undue termination, or other actions that may be seen as a breach of contractual or lawful employment rights. Comparatively, employees who deem themselves victimized in the

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War Series: Arbitration Enforcement Amidst Sovereign Capital Controls

Preparing for e-litigation in the UAE amidst Coronavirus (COVID-19) hindrances

As travel is hindered, staff work from home and general work routines (domestic and global) are disrupted, parties to litigation should consider options for managing trials via e-litigation strategies and technologies pursuant to recent developments in Emirati legislation. On 27 March 2019, Minister of Justice Decisions Nos. 260 and 259 of 2019 were issued to

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Spain's EU Law Defence Rejected in Australian Award Ruling

Two Trends to Expect from the Tax Dispute Resolution Committees in 2020

TDRCs from 2019 – 2020 The tax dispute resolution committees (“TDRC” / “TDRCs”) began operation in 2019. There are three TDRCs in the United Arab Emirates: in Abu Dhabi dedicated to taxpayers with a registered address in Abu Dhabi and out-of-State registered taxpayers; in Dubai dedicated to taxpayers with a registered address in Dubai; and

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UAE Tax Disputes: Silence Is No Longer Refusal at the Committee Stage (Supreme Court 388/2024)

First constitutional tax case: why was it rejected and how are constitutional cases litigated in the UAE?

Over the years, constitutional appeals have been filed before the Constitutional Circuit of the Federal Supreme Court for a plethora of matters, with the first constitutional judgement having been issued on 29 November 1973. Most recently – in rough figures – four constitutional appeals were filed in 2019, two in 2018, one in 2017 and

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Preventing a ‘Rug Pull': Ontario Superior Court on Risk of Crypto-Asset Flight and Freezing NFTs

Coronavirus (COVID-19): Emirati and Sharia law on pandemics and hardship events

With the disruption to global business and trade due to the Coronavirus pandemic, parties may look to argue hardship events under the law to alleviate extraneous obligations (such as an extraneous increase of cost in concluding the obligation). Hardship events are occurrences that result in changing the equilibrium of a contract creating an extreme burden

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Superintendent's Certificate to Arbitration: Interpreting Liquidated Damages from a Queensland Court of Appeal

Now that you paid a tax penalty – have you looked at your tax indemnification agreements for recourse?

Scene You are a services or goods provider registered as a taxpayer with the Federal Tax Authority. You are facing liquidity and cash flow difficulties. You have customers; you have issued tax invoices, but your invoices are unpaid. In consequence, due to liquidity issues, you are late in paying your due taxes. A few weeks

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War Series: When Does Port Congestion Become ‘Restraint of Princes'? Lessons from Sanko Steamship v. Navios 1982 Arbitration

General Data Protection Regulation – Two years on, are you compliant?

The EU General Data Protection Regulation came into effect on 25th May, 2018 (“GDPR”) and is coined as the most comprehensive changes to data protection around the world in the last 20 years. The GDPR rules apply to almost all private sector processing by organizations in the EU or by organizations outside the EU which target

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ADGM Courts and Arbitrations Administered by the ICC ADGM Office: A Revisited Look at the Onshore/Offshore Divide in Light of Recent UAE Decisions

Demystifying Disputes in Country-by-Country Reporting Compliance

Country-by-Country Reporting (CbCR) compliance obligations for multinational entity groups (MNCs or multinational companies) were introduced in the UAE in mid-2019 via Cabinet Resolution No. 32 of 2019, where the first notification and reporting deadline was set for 31 December 2019. There is no shortage of industry experts in the UAE to have assisted MNCs with

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