Insight Category: News
Dubai has solidified its position as a global hub for commerce and dispute resolution, supported by a robust legal framework for the enforcement of foreign judgments. The UAE Civil Procedure Law (Federal Law No. 42 of 2022) governs this process, providing clear guidelines under specific provisions. Key Provisions of the UAE Civil Procedure Law The… Continue reading Enforcement of Foreign Judgments in Dubai...
The United Arab Emirates (UAE) has long been recognized as a dynamic hub for financial services, with its insurance sector playing a critical role in supporting economic growth and safeguarding commercial and personal interests. In response to the evolving complexities within the insurance marketplace, the UAE introduced Federal Decree Law 48 of 2023 on Regulating… Continue reading The insurance sector in the United Arab Emirates...
In a recent arbitration case under the London Court of International Arbitration (LCIA) rules, BSA Law successfully represented a Kuwaiti digital marketplace company as Claimant against a U.S.-based software developer as Respondent. The arbitration, seated in the DIFC, concluded with a favourable award for the Claimant, underscoring the strategic acumen and legal prowess of BSA’s… Continue reading BSA’s Strategic Victory in a Complex Digital Space Arbitration Case...
The United Arab Emirates has made substantial updates to its employment laws with the introduction of Federal Decree-Law No. 9 of 2024. These changes underscore the UAE’s commitment to fostering a balanced and transparent employment market. The amendments aim to enhance employees’ protections, streamline dispute resolution processes, and impose stricter penalties for non-compliance. Key Highlights… Continue reading UAE introduces new amendments to its Employment Law...
The United Arab Emirates has unveiled a sweeping overhaul of its residency laws for 2025, solidifying its position as a global hub for talent, investment, and family life. These comprehensive reforms reflect the nation’s commitment to progressive governance and sustainable growth, fostering an environment that attracts and retains top talent while enhancing the quality of… Continue reading UAE ushers in a new era of residency with transformative 2025 reforms...
This is originally published in Arabian Business. What types of intellectual property licenses are recognized under UAE law, and how does the licensing framework differ for trademarks, patents, and copyrights? UAE law recognizes licenses for various forms of intellectual property, including trademarks, patents, and copyrights. Key types include: 1. Trademark Licenses Governed by Federal Decree-Law… Continue reading UAE Intellectual Property laws explained: Are your business assets protected?...
The Dubai Land Department (DLD) has recently introduced an update allowing the owners of 128 plots in Sheikh Zayed Road (from the Trade Center roundabout to the Water Canal) and 329 plots in Al Jaddaf to convert their property status to freehold. Accordingly, the Dubai Land Department amended Article 3 of Regulation No. (3) of… Continue reading Timely decision by Dubai government to expand freehold areas creating new joint venture opportunities...
In a business situation, particularly in cases involving the sale or purchase, or partial sale or purchase, of an asset, a party may seek to secure future rights to acquire something which still vests in the other party. In such cases the rights may come in the form of an option or a right of… Continue reading Heads or tails – Two sides of the same coin: A look at the fundamental differences between an option and a right of first refusal...
This article analyses a significant ruling issued by the Dubai Court of Cassation in Case No. 445 / 2024 / 208, which involved a financial claim arising from a subcontract dispute. The case sheds light on the need for clarity in drafting arbitration clauses in commercial contracts and the requirement for such clauses to exclude… Continue reading Successful Challenge of Ambiguous Arbitration Clause...
In a recent judgment issued by the Dubai Court of Cassation in Case Number 440-2024-329, key principles regarding the statute of limitations applicable to promissory notes were clarified. The court’s decision addressed the proper interpretation of the limitation period for claims arising from promissory notes, emphasising the importance of distinguishing between negotiable instruments subject to… Continue reading Dubai Court of Cassation Clarifies Limitation Periods for Promissory Notes in UAE Commercial Transactions...