Insight Category: News
A criminal complaint takes precedence over a civil claim or “Le criminel tient le civil en l’état”, is a legal principle with origins in the French Penal Procedures Law, which is commonly applicable in most countries following a civil law system. This principle aims to stay civil proceedings until a final and enforceable judgment is… Continue reading Bankruptcy limitation on criminal complaints...
The UAE business community has been attempting to prepare for the introduction of the country’s new labour law on Wednesday, but there has been uncertainty regarding how it will impact the number of annual leave days that employees are entitled to, with some suggesting that the new law represents an increase in time off. However,… Continue reading Here is how the new UAE Labour Law will affect annual leave...
Jimmy Haoula explains, to Khaleej Times, that one of the key attributes of the new law is the prevention of the sale of shares or dividends of family-owned businesses to individuals or companies outside the family. “In order to do so, prior approval from family members is now required before any shareholder can sell an equity… Continue reading How UAE’s new family business ownership law protects against ‘hostile situations’...
On the 7th of November 2021, his highness Sheikh Khalifa Bin Zayed Al Nahyan President of the United Arab Emirates and the ruler of its Capital Abu Dhabi issued law No. 4/2021 regarding civil marriage and its effects in the Emirate of Abu Dhabi. This introduced new principles in relation to the personal status laws… Continue reading What is the process for civil marriage and divorce in Abu Dhabi...
The new Rules reflect the evolving needs of the global business community and include a framework for efficient dispute resolution, digitization of operations and processes and flexibility for all participating parties. Consistent with the UAE Federal Arbitration Law, which in turn is modelled after the UNCITRAL Model Law, the Rules form the backbone of a… Continue reading The new 2022 DIAC Arbitration Rules: the Backbone of a State-of-the-Art International Arbitration Regime...
From hanging out with your avatar friends, buying avatar wearables at e-shopping malls, or even purchasing a home, property, or setting up a business, it’s all starting to take place via a computer-simulated reality on the metaverse. And so far, it has kept governments’ prying eyes at bay. “The UAE hasn’t yet recognized the metaverse… Continue reading No country has jurisdiction over the metaverse (yet)...
The recent announcement by the American casino chain Wynn Resorts to build an integrated luxury resort in Ras Al Khaimah with multiple entertainment venues and a gaming center has sparked many questions about the type of games that would be available in the Muslim-majority country where gambling is forbidden. The announcement comes months after rumors circulated… Continue reading Wynn Resorts: RAK deal raises a few eyebrows...
While the parties may believe that by opting for a specific jurisdiction, that this jurisdiction will automatically be competent to examine and rule on a dispute which may take place in the future, especially if the subject of the agreement is not related to any public order matter, this is far from reality. Article 20… Continue reading Jurisdiction within United Arab Emirates...
Established for the purposes of assuming the role of mother company to the Kaizen Group and its global affiliate companies, ensuring the intergenerational operation and expansion of the Kaizen Group in perpetuity, together with holding and managing its subsidiaries, licensees and assets. To learn more about the Kaizen Group, please go to www.kaizen.com The legal… Continue reading BSA advises the Kaizen Global Group of Companies on the formation of their DIFC Foundation...
In the following article Yasin Chowdhury discusses Articles 40 and 41 of the Labour Law, with Times of Oman, which cover termination. “The offences attract the provisions of Article 40 when the termination is by the employer, whereas Article 41 relates to lawful resignation by the employees after they have served a prior notice,” Chowdhury… Continue reading Oman Labour Law: When employees can be terminated...