8 Essential Issues to Consider Before Signing your Sale and Purchase Agreement – Dubai Property La
Purchasing off-plan property has become the new norm, with affordable prices and the increase in incentives being offered, purchasers are quick to jump on the bandwagon. The Dubai Law No. (8) of 2007 On the Matter of Escrow Accounts for Real Estate Development (“Escrow Law”) was issued for the purposes of safeguarding purchaser’s money after …
Overview of the Bankruptcy Proceedings and Preventive Measures in the UAE
Definition of bankruptcy: Legally speaking, bankruptcy is an expression used to describe a legal status in which a natural (individual) or legal (company) person owes a sum of money to third parties and ceases to pay its debts when they fall due because of its troubled financial position and insolvency.
National Administrative Rules of Road Testing of Self-Driving Vehicles Promulgated—-A Brief Commen
National Administrative Rules of Road Testing of Self-Driving Vehicles Promulgated—-A Brief Comment on Administrative Rules on the Administration of Road Testing of Intelligent Connected Vehicles
State aid scheme in Romania
1. Introduction On July 30, the Romanian Ministry of Finance issued an order launching the procedure whereby investors may obtain non-reimbursable funding for investments made in Romania. The funding is regulated by Government Decision no. 807/2014 on the setting up of a State aid scheme having as object the stimulation of investments with significant economic …
Retrocessions: Criminal Consequences of Non Disclosure
In a recent decision 6B_689/2016 of 14 August 2018, the Swiss Federal Supreme Court held that the failure to disclose adequately retrocessions may constitute an act of criminal mismanagement. After a short summary of the legal framework governing the disclosure of retrocessions, the present briefing analyses this decision and its practical impact in particular for …
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Four Law Society Excellence Award nominations for Moore Blatch
Moore Blatch has been nominated for four awards in this year’s Law Society Excellence Awards.
Trust Liability in terms of Groups of Companies
Article 209 of Turkish Commercial Code No. 6102 ("TCC") has set forth obligations that are subject to damage caused by the trust and reputation of the parent company, as created with society and the consumer. Accordingly, "in the event that the reputation of the parent company and the group of companies reaches a certain level …
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Possibilities and the Results of Trademark Confusion
Trademarks are the vehicles that are used to differentiate companies one from the other. They help to capture the consumers' attention. It is essential and necessary to protect trademarks that are created and improved with capital and effort, from unrightful use by third parties, and to prevent the encroachment of trademarks through confusion. One of …
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Capital Markets Board Issues an Official Announcement on Initial Coin Offerings and Crowdfunding
The Capital Markets Board ("CMB") issued an announcement on September 27, 2018, on its website and addressed the much-disputed status of digital tokens and Initial Coin Offerings ("ICO"). In this announcement, the Capital Markets Board stated that it does not regulate or supervise ICOs, and also noted that it does not regulate or supervise most …
The challenges of inheriting shares in a limited liability company in Bulgaria
75 % of the small to mid-size companies in Bulgaria are owned by families and their development has a significant role in defining the economy of the country. In the EU, family owned businesses represent more than 60% of all registered companies and ensure over 40% of the overall employment.