What is Finance Lease?
UAE Federal National Council recently issued a Federal Law number 8 of 2018 governing financial leasing (the Law) within the country. The Law prohibits any company from undertaking activities of financial leasing without a relevant license from the Central Bank of UAE.
UAE Law: Choice of governing law and Jurisdiction
Significant growth in the international trade and commerce has appended eminence to clauses of dispute resolution in the private international law. In a globalized world, everything is believed to be moving at a speed of knot. New innovative techniques have enormously affected the manner in which business is conducted.
Can you claim legal costs in arbitration?
Isn’t it too complex and too expensive to proceed with arbitration? What all costs can we recover in this arbitration apart from the claim? Can we claim attorney’s fees or legal costs from this arbitration? There are few but very frequently asked questions from the Lawyers in UAE, and the answers to these questions can …
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Insider Trading: Legal or Illegal?
Insider trading is exploitation of confidential information which is based on the sale and purchase of financial instruments of a corporate entity referred to as insider. The information pertaining to financial instruments can influence the public at large if disclosed. An act will be called insider trading if such information is provided to a third …
How to resolve real estate disputes in Dubai?
Dubai has experienced major ups and downs in the real estate sector, and the disputes arose tested the veracity and legal standing of these laws from time to time. Almost after a decade of rigorous implementation, the real estate laws of Dubai, as elucidated by Property lawyers in Dubai are now much more robust. The …
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Ramadan Etiquette’s: Holy Month of Ramadan in UAE
Ramadan is the ninth month in the Hijri Calendar. It is viewed as the holiest month of the year and annually observing the month of Ramadan is considered as one most important pillar of Islam. Best Lawyers of Dubai, before this holy month of Ramadan, would like to express a few changes during this month …
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Do You Want To File a Case For Theft?
Theft involves obtaining someone else’s property with the intention of depriving the other person permanently from such movable property without their consent. Stealing money, accepting stolen goods or property or obtaining goods by masquerade. Legal Consultants of Dubai often suggest clients consider important points highlighted in this article in the case of theft. Federal Law …
5 Tips to remember after a road accidents in UAE
It is usually impossible to know when would you have prevented the accident, but it is possible to know what can be prevented after the accident especially in UAE. Most drivers in UAE have found themselves in unfortunate major or minor road accidents in UAE at some point in time. Legal Consultants in Dubai will give five important tips …
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Criminal Lawyers in Dubai: Misconducts Surrounding Rape Offense
I feel awful and outrageous to discuss such cruelty and threat which women regularly face in our society, known as "rape". Any content written on such topic cannot justify the agony and torment faced by them.
Legal Consultants in Dubai: Discussing Legality of Verbal Contracts
A verbal contract is valued as much as the paper it is written on. While discussing and preparing for an important case, I found myself thinking the legalities of verbal contracts and the misconception towards their unenforceability.