New UK National Security and Investment Regime
The new legislation is designed to monitor investments in companies and assets in the UK or abroad where there may be a UK national security risk. The new regime is wide-ranging to capture acquisitions of companies, minority investments, acquisitions of voting rights and acquisitions of assets, both between third parties and intra-group. This goes beyond …
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Patent Rights in the UAE – An Overview
Intellectual property rights are protected in the UAE through a set of federal laws. While intellectual property consists of a broad-spectrum of rights, including trademarks, copyright, patents, designs, geographical indication, utility, etc., in this article, we are focusing on the law surrounding patents.
New updates and procedures for Bail in the UAE
Bail is a provisional release of an accused and may be granted by the public prosecution for a felony or a misdemeanor, at any time whether on its own decision or upon request of the accused unless the accused has been referred to the competent court for trial, in which case his release falls within …
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Legal actions about emotional distress in the country
A victim or his family may suffer emotional or mental distress when a breach, violation is committed against the victim. Under the UAE law, monetary compensation, in the form of moral damages, may be sought to compensate for such mental distress or such non-financial loss, in addition to compensatory damages which may be claimed for …
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What are the general policies in commercial liabilities in the UAE?
Commercial liabilities are understood to mean liabilities of a business. In today’s world, given how much investment one puts into the business and the risks associated with it, it is very common for a business to obtain a coverage which protects the business.
Great Expectations: India’s Tryst with Climate Change
While presenting the Union Budget this year, the Indian Finance Minister had announced the government’s intention to issue ‘green bonds’ [1] with a sovereign rating, the proceeds of which would be used to finance a variety of public-sector green infrastructure projects. According to recent media reports, [2] it appears that the government is about to …
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The importance of the safety net of a Letter of Indemnity
In most business transactions there is always the potential for unexpected irregularities to arise. A Letter of Indemnity (LOI) in shipping is a legal document that exonerates carriers of any liability and claims that might result from changes to the contract, potential damage to the goods, additional costs, or other unfavorable effects.
Writing Wills for your European property
The global disruption caused by the pandemic has led many people to re-consider their way of life. The lure of the relaxed lifestyle across a number of European countries together with the warmer climate and Mediterranean diet has resulted in an increase in British citizens relocating to countries in the European Union.
RECOMMENDATIONS OF THE WORKING GROUP ON DIGITAL LENDING – IMPLEMENTATION: FLDG
The regulatory framework issued by the Reserve Bank of India (“RBI”) on implementation of the Recommendations of the Working Group on Digital Lending on 10.08.2022 (“Implementation Framework”) [1] has resulted in much discussion on permissibility of first loss default guarantee (“FLDG”).
Fundamental Changes in the Consumer Protection Law Are Round the Corner
In recent years, together with the pandemic, which has radically changed many commercial practices in the world, electronic commerce has developed in our country as well as the world, and this has led to radical changes in consumption habits. Along with these rapid changes, the need for both the protection of consumer rights and the …
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