Levelling the legal playing field
As with most legal cases in most jurisdictions, proceedings can prove time-consuming and costly for both parties involved. But new legislation has armed the courts in the Dubai International Financial Centre (DIFC) with the ammunition to handle a wider scope of disputes for a reduced fee. With less than... Read more
The laws governing commercial transactions
Traders who are registered to do business in the UAE, or do business with companies or persons that are based in the UAE should be aware of the laws that affect their business and how to protect themselves against any potential liability that they may encounter in the course... Read more
The Business Registration & Licensing (BRL) Division of the Dubai Department of Economic Development (DED) recently organised a workshop on the business registration system for representatives of law firms in Dubai. The initiative was intended to enable law firms to use DED’s data and process BRL services (to establish... Read more
Following a comprehensive revision of the ICC Rules of Arbitration which came into effect earlier last month, the International Chamber of Commerce United Arab Emirates (ICC UAE) will host a workshop on how these new revised rules will enhance the efficiency of ICC Arbitrations. The workshop will be attended... Read more
Negotiating licensing contracts
In the second part of the series on commercialising an idea, Geethalakshmi R., CEO and Managing Partner, Associated Business Attorneys, discusses the processes involved with negotiating licensing contracts. Negotiating forms is an integral part of any technical agreement. Whenever you face a situation that implies negotiation there are certain... Read more
The International Bar Association (IBA) host committee is offering scholarships to cover travel, accommodation and registration costs for 50 Young Arab lawyers to attend its global annual conference which will take place from 30th October to 4th November in Dubai. This is the first time the prestigious event will... Read more
Knowing your worth
Have you ever wondered what the asset value of your intellectual property is, asks Geethalashmi R., CEO and Managing Partner, Associated Business Attorneys. Let’s start with answering a few questions: Do you sell ideas? Is your business profile service oriented? Is your business, product, or service exclusive? Have you... Read more
Preparing yourself for global battle
The success of taking your business operations abroad can often hinge on careful planning – often it’s the smaller details that we overlook while trying to get the larger issues off the ground. Geethalakshimi. R, CEO and Managing Partner, aba Business Attorneys, provides a checklist which every SME should... Read more
Dubai government’s legislative changes highlight the strategic importance of DIFC Authority, DFSA and DIFC Courts and have strengthened their governance. His Highness Sheikh Mohammed Bin Rashid Al Maktoum, the UAE Vice President and Prime Minister, and Ruler of Dubai, has issued Law No (7) of 2011 which includes amendments... Read more
Putting the brakes on expired licenses
In the current financial climate with business budgetary constraints, an increasing number of companies licensed in Dubai declared their willingness to suspend their businesses and refrain from renewing their licenses. Joumana Azzam of Al Tamimi & Company discusses the new measures introduced by the Department of Economic Development in... Read more