And It Was the IP Strategy That Made My Business Plan Edgy!
For both Ariana and Asma it was critical that their respective business plans get accepted. While Araina was trying to win the investors for her start up, Asma wanted her much awaited promotion from the board of directors. While Ariana did crack the deal,sadly Asma didn’t.
Out with the Old, In With the New: Comparing DIFC and ADGM Arbitration Law
The UAE has implemented a major initiative to update its laws and procedures, by adopting best international practice to encourage foreign direct investment and trade more generally with the UAE. There was a new Companies Law in 2015, a Bankruptcy Law in 2016, tax laws in 2017, and a Federal Arbitration Law and Foreign Direct …
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Are Security Cheques Still an Effective Form of Security in Dubai?
Cheques are the most commonly used commercial paper in the UAE not only because they are used as a method of payment, but also, because they are the only commercial paper secured by the provisions of the UAE’s Penal Code (the “Penal Code”)to enhance confidence in cheques as a form of payment. As a result, …
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Arbitration in The UAE Under the New Arbitration Law
Arbitration practice and procedure has developed rapidly in the UAE, and the courts now take a far more pro-active role in supporting the arbitration process and enforcing arbitral awards. This movement can be seen progressively in Cassation Court judgments over the past ten years and is now recognised in Federal Law No. 6 of 2018 …
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