The United Arab Emirates Arbitration Law (Federal Law No. 6 of 2018) came into effect in June of 2018 after being published in the Federal Official Gazette number 630 on the 15th of May, 2018. Since then, the UAE courts have been implementing internal processes – both administrative and technological – to comply with the Arbitration […]
Arbitration Filing in the UAE Courts: Developments and Technology Read More »
A roundup of the 50 most crucial additions, amendments, and deletions to the Civil Procedures Law No. 11 of 1992 that were promulgated pursuant to Cabinet Decision No. 57 of 2018 that came into effect in early 2019: 1. Approving the designation of execution officers instead of representatives and adding the possibility of execution by
50 Enforcement Updates Under the New UAE Civil Procedure Regulations Read More »
In January 2019, the Federal Supreme Court (FSC) ruled on whether a double-exequatur requirement was necessary for the enforcement of an arbitral award issued under the Rules of the London Court of International Arbitration (LCIA), seated in London. The declaration sought from the FSC was whether an arbitral award issued under LCIA rules and seated
UAE Federal Supreme Court Rules on Double-Exequatur Requirement for Arbitral Awards Read More »
The Double Tax Treaty (“DTT”) between the UAE and the KSA provides a significant tax incentive for businesses operating in the two contracting states. A positive impact on investment and trade between the two contracting States is expected in the aftermath of its entry into force. Both contracting countries are members of the BEPS inclusive framework
Dispute Resolution Analysis in First Double Tax Treaty Between GCC Countries Read More »
On 20 June 2019, the Qatar Cabinet issued Decision No. 16/2019 On the issuance of the Implementing Regulation to the Tenders and Bids Law (the “Regulations”). Long-awaited, the new Regulations govern the tendering process as have been established by Law No. 24/2015 Regulating Tenders and Bids, providing detailed provisions regarding the step-by-step procedures that take
Bid Bonds and Evaluation Methods under the 2019 Tender Regulations in Qatar Read More »
Enforcement is an issue that frequently arises with plaintiffs in the United Arab Emirates. The difficulties are multi-fold; lack of follow-up by counsel; aggressive asset transfer and concealment by the defendant (i.e. such as real estate transfer to a spouse); queuing behind prior creditors whom have already issued attachment orders on assets; but one crucial
Enforcing Against Horses & Camels in the UAE Read More »
The volatile mass number of persons establishing, liquidating, or not renewing limited liability companies (LLCs) in the United Arab Emirates causes a plethora of claims being met with enforceability issues – particularly due to lack of assets. Creditors take action against debtor LLCs to find that the latter have expired licenses, transferred assets to a
In March of 2019, an Emirati limited liability company (the “LLC”) had restructured its debts under the Bankruptcy Law; Federal Decree-Law No. 9 of 2016 which was first published in the Official Gazette on 29 September 2016 and came into force on 29 December 2016. Under Chapter 4 of the Bankruptcy Law the Bankruptcy Circuit
Affect of Recent UAE Bankruptcy Legislation on Businesses Facing Cash Flow Difficulties Read More »
