March 2021

Dubai Appeals Court Upholds Compensatory Damages for Cryptocurrency Embezzlement

UAE Sports Arbitration Centre Kicks Off Operations

  The Court of Arbitration for Sport (“CAS”) is based in Switzerland and is considered the elite international dispute resolution forum for legal disputes relating to sports, including commercial disputes (i.e., issues arising from sponsorship agreements or player contracts) and discipline (i.e., doping, non-compliance with codes of conduct). CAS also acts as an appeals court […]

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Ontario Court of Appeal Clarifies the Bounds of 'Constructive Fraud' in Arbitration Awards

Major League Baseball’s Salary Arbitration: A Homerun ADR System

  Baseball is the second most-watched sport in the US (tucked behind American football and in front of basketball) and the seventh most watched sport in the world. Major League Baseball (“MLB”) is the American professional baseball organization and the oldest of the major professional sports leagues in the US and Canada. Unlike their counterparts,

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NSW Supreme Court Enforces Arbitration Despite Waived Preconditions in Icon SI v. ANSTO

Land and Costs for Investing in Lebanon’s Medical Cannabis Industry under the new Medical Cannabis Law

  In April of 2020, the Lebanese Government legalized the use of cannabis for medical purposes. In this article, we discuss some of the practical expectations regarding the investment dynamics in the current Lebanese environment and under the new Law. The currently fertile land in Lebanon for the growth of cannabis is expected to be

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Is the UAE having a Geopolitical Golden Goose Moment?

Two tax dispute resolution committees formed for Dubai (Decree No. 691/2020)

  Since around September 2020, the tax dispute resolution committee of the Emirate of Dubai has been inoperable (under reformation). Objections that have been filed since then with the Dubai tax dispute resolution committee had not been decided on. On 25 November 2020, the UAE Minister of Justice issued Ministerial Decree No. 691/2020 on the

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U.S. LNG Exports: A Catalyst for Geopolitical Shifts and Terminal Agreement Disputes

UAE Supreme Court rules on priority of ‘hidden’ agreements over fictitious contracts

  During the Summer of 2020, the Supreme Court ruled on the validity and priority of ‘hidden’ agreements over fictitious (sham) contracts. A similar case was brought to the Supreme Court earlier in 2015 but was not addressed on merits and was rejected procedurally. The Dubai Cassation Court looked at similar cases in relation to

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Biden's Executive Order on Israel / West Bank Sanctions: Global Business Compliance Considerations

Hostile LLC takeovers under the new 100% UAE ownership laws

  An announcement took place on 23 November 2020 that foreign investors can have complete ownership of Emirati companies that are governed by the Federal Commercial Companies Law (“CCL”) otherwise known as “on-shore” companies. The concession is limited to limited liability companies and private joint stock companies, including those owned by a single shareholder. The

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