Insight Category: News
On Monday 21st November we hosted our Mock Trial event in collaboration with Lexis Nexis, taking an in-depth look at bankruptcy cases in the local UAE courts, including a case study showing court processes, protocols and procedures. This one-of-a-kind case study delved into how the recently amended UAE Bankruptcy Law impacts Director liabilities in the… Continue reading BSA Case Files Series: Bankruptcy Mock Trial...
In the latest of our BSA Case Files Series, our Litigation team caught up with Pascal Beveraggi owner of Octavia Limited, to discuss his most recent case in Dubai Courts in regard to OCTAVIA vs ASTALIA. In the following video, Hadiel Hussien speaks with Pascal on the importance of the case, its high-profile coverage in… Continue reading BSA Case Files: OCTAVIA vs ASTALIA...
Foundations and Trusts are both legal entities that are used to manage assets and provide financial support for specific individuals or organizations. However, there are some key differences between the two that should be considered when deciding which one is best for a particular situation. One of the main differences between Foundations and Trusts is… Continue reading Foundations vs Trusts...
It was standing room only on Wednesday February 1st, as BSA Al Rashdi & Al Barwani Advocates & Legal Consultants (BSA), in partnership with The Oath, hosted a seminar on ‘Oman Labour Law: Common Issues and New Developments’. Held in the Kempinski, Muscat, the event was led by BSA partners Arsalan Tariq, Sahil Taneja and… Continue reading BSA Event: Oman Labour Law...
BSA was pleased to launch a new, and first of its kind, UAE Law Precedent Book at the World Litigation Forum 2023, in partnership with SADER as a special edition of their Courts Series. This Precedent Book covers a case file history from the Court of First Instance through to the Court of Cassation in… Continue reading BSA launches first of it’s kind UAE Law Precedent Book...
Senior associate, Tyne Hugo, recently spoke with ESG Mena on the topic of ‘Taxation in the UAE and the impact on Environment, Social and Governance’. Read the full article below and on the ESG Mena website: Abidance by ESG principles key for companies survival. Whilst in the past, companies were mainly concerned with profit and… Continue reading Abidance by ESG principles key for companies’ survival...
The DIFC’s Digital Economy Court paves the way for the resolution of emerging disputes with a new set of specialised rules that seamlessly blend expertise and technology. William Prasifka elaborates on this for The Oath Magazine. The new ‘Part 58’ of the DIFC Courts Rules will facilitate resolution of digital economy disputes in an efficient… Continue reading The Court of the Future: The DIFC’s Digital Economy Court...
Senior associate Michèle El Khoury examines recently introduced reforms to real estate investment funds in Dubai, for Global Restructuring Review, which she says aim to strengthen the jurisdiction’s position as a destination for foreign capital, including by protecting the rights of overseas investors when REIFs are faced with bankruptcy. REIFs are currently a topic on… Continue reading Foreign investors to benefit from Dubai’s REIF reforms...
The growing concern for transparency and need for reporting indicates a stronger mission to combat Money Laundering activities. Today, regulators in every part of the world are preoccupied with developing frameworks and procedures to uncover illicit funds. Their position has drastically moved from a reactive to a proactive one reflected through the issuance of various… Continue reading AML And RegTech In The UAE...
The factors that contributed to the collapse of Silicon Valley Bank were complicated and varied. Certain professionals have identified the bank’s excessive dependence on the technology industry as a key vulnerability, rendering it more susceptible to market volatility and economic recession. Others have opined that the bank’s lending practices were excessively aggressive, resulting in a… Continue reading SVB’s Collapse: Implications for FinTech Startups in the Middle East...