Galadari Advocates & Legal Consultants

Galadari Advocates & Legal Consultants is delighted to announce the addition of Jong Suk Kim as Senior Counsel in Dubai office.

This nomination is a testament to Galadari's commitment to providing top-notch legal services and its expertise in the maritime industry,

The UAE’s insurance sector has seen a major transformation with the introduction of Federal Decree Law No. 48 of 2023 concerning the regulation of insurance activities.

In a recent article published by Gulf News, Senior Associate Aeeda Ibrahim and Trainee Lawyer Rehab Demardash from Galadari Advocates & Legal Consultants shared their expertise on the pros and cons of taking a loan from your employer in the UAE.

The UAE has been taking noteworthy actions to combat money laundering and terrorism financing by regulating and applying relevant laws that aim to prevent and detect them.

The United Arab Emirates (UAE) relies heavily on well-defined construction contracts to ensure the smooth execution of its many building projects.

In the face of evolving financial landscapes, the United Arab Emirates has taken a significant step forward with the enactment of Federal Decree Law No. 51 of 2023 on Financial Restructuring and Bankruptcy,

Introduction In the constantly evolving landscape of employment law, the UAE has made significant strides with the introduction of Federal-Law No. (33) of 2021, alongside Cabinet Resolution No. (1) of 2022.

Being of organic nature and found in the earth’s crust, the history of carbon is as old as the earth itself, and yet it is closely connected to the history of humankind.

As a global hub strategically located at the crossroads of international trade routes,

The Federal Tax Authority (“FTA”) has recently released a guide (“Guide”) that outlines the conditions and procedures for applying the corporate tax on the free zones persons.

As Dubai's rental market sees a surge in prices and activity, concerns have been raised by tenants facing illegal evictions and steep rent hikes.

Galadari Advocates & Legal Consultants is thrilled to announce the well-deserved promotion of Dimitriy Mednikov, to the position of Senior Associate effective 12 June 2024.

Introduction Mediation is a form of alternate dispute resolution that seeks to settle disputes without the cost, expense and delay of stressful Court proceedings- and in the area of medical malpractice claims in the United Arab Emirates – extended regulatory proceedings – via the Medical Liability Committee (‘MLC’) and Supreme Committee of Medical Liability (‘SCML’).

For many years, the Gulf region has thrived as a result of its ability to attract talent from abroad.

Galadari's Senior Associate Mahmood Shakir was recently quoted in Gulf News magazine, providing crucial legal insight on cyberbullying and online harassment in the UAE.

As a significant step towards enhancing the economic growth and investors’ satisfaction in the Emirate of Dubai (the “Emirate”),

Galadari Advocates & Legal Consultants proudly announces its participation in the Shipping Guide with Chambers and Partners Global Practice Guides.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of the Emirate of Dubai issued Law No. 1 of 2024 regarding Tax on Foreign Banks Operating in the Emirate of Dubai (“Law”).

Shipping Policies When it comes to shipping goods across international borders, there are a number of checks and balances in place to ensure that the cargo is delivered to the correct recipient.

On 5 March 2024, Galadari Advocates & Legal Consultants welcomed a new partner, George Abou Jreich, who will be instrumental in enhancing the firm's corporate practice.

In a recent development aimed at shaping and developing the efficiency and governance of legislative processes in the Emirate of Abu Dhabi and preserving public interests ,

Effective 1st of March, Galadari Advocates & Legal Consultants will be boosting its corporate practice and expertise with the addition of a new partner, Charbel Fadel,

Galadari Advocates & Legal Consultants has been shortlisted in six categories by AML Middle East Legal Awards 2024.

Earlier this month, Abu Dhabi Chamber of Commerce and Industry (ADCCI) launched "Advocacy Hub" initiative by which it seeks engaging the private sector in the efforts of strengthening and booting the development of the state’s economy.

The Commission for Unification of Federal and Local Judicial Principles at the Union Supreme Court in Abu Dhabi “Commission” , in its open hearing held on 21 December 2023,

The UAE has attracted much attention from fintech companies engaged in credit data and credit scoring services.

Our Senior Counsel, Stephen Ballantine, has been quoted recently by Khaleej Times, sharing insightful commentary on the recently enacted Mental Health Law.

Federal Law No (10) of 2023 on Mental Health (‘FD 10/23’) updates and improves the Mental Health Law which has been on the statute books since 1981.

The UAE has taken a significant step in promoting cultural inclusivity with the reinstatement of a demographic diversification rule for companies operating on the mainland.

During the first half of 2023, the United Arab Emirates emerged as the leader in mergers and acquisitions (M&A) activity across the Middle East and North Africa region.

Galadari Advocates & Legal Consultants has been shortlisted in 9 categories at the Thomson Reuters ALB Middle East Law Awards 2023. Our nominations include:

Gernandt & Danielsson has advised Lyvia Group Holding AB ("Lyvia") in its entry into a SEK 1.466 billion credit facilities agreement under a club deal with Danske Bank and DNB as lenders which refinances outstanding bonds and credit facilities within the Lyvia Group.

Galadari Advocates & Legal Consultants has been shortlisted in the Pro Bono Firm of the Year by IFLR Middle East Awards 2023.

Introduction: Counterfeit goods have become a global concern, with estimated annual sales ranging from USD 1.7 trillion to USD 5.4 trillion. To combat these issues,

Galadari Advocates & Legal Consultants are excited to announce Partner and Head of IP and Data Protection Raka Roy has been recognized in the newly released 2023 edition of IP Stars by Managing IP as a Notable Practitioner in the UAE.

The Ministry of Finance in the UAE has announced new administrative penalties for non-compliance with taxation regulations applicable to corporations and businesses.

Dubai Municipality has issued the first construction license for a private-owned residence using 3D-print technology.

The Federal Decree-Law No. 33/2021 on the Regulation of Labour Relations (“Labour Law”) and Cabinet Decision No. 1/2022 on the Implementing Regulation of Federal Decree-Law No. 33/2021 on the Regulation of Labour Relations (“Labour Regulation”) lay down the different leaves that employees in the UAE are entitled to.

Galadari Advocates & Legal Consultants are excited to announce that Partner and Head of IP and Data Protection Raka Roy has been recognized in the newly released 2023 edition of World Intellectual Property Review (WIPR) Leaders Directory as a Global IP Leader.

In Dubai, rental disputes between landlords and tenants are governed by specific regulations and laws. Some key points to consider include:

The UAE Cabinet has approved the national agenda for re-export development 2030, comprising of 24 initiatives and programs aimed at doubling re-exporting from the UAE over the next seven years.

The United Arab Emirates will soon be introducing Corporate Tax, effective for financial years starting on or after 1 June 2023, applicable on the net profit of companies or other businesses in accordance with Federal Law No.47 of 2022 on Taxation of Corporations and Businesses. This move aligns the UAE with other countries implementing Corporate Tax.

Ten banks and financial institutions have formed strategic partnerships with the General Department of Dubai Police to combat financial and economic crimes and improve security. The MoUs signed between the parties aim to facilitate the exchange of knowledge and experience in areas of mutual interest and promote joint efforts to investigate and anticipate economic crimes.

This article seeks to discuss the possibility for a bunker supplier, whether a physical supplier or a trader, to arrest and enforce the statutory lien generated by their debt over a ship in the United Arab Emirates (“UAE”) jurisdiction.

The UAE Cyber Security Council, formed in November 2020, is responsible for developing and overseeing a cyber security strategy that promotes  a secure  and resilient  cyber infrastructure in the United Arab Emirates.

Later this month, my colleagues and I will be participating in the Legal 500 Middle East Corporate, Commercial and M&A Summit 2023. The event will feature A panel of private practice lawyers and in-house counsels who will discuss some of the current hot topics in corporate/commercial law in the UAE, including the introduction of Corporate Tax, foreign direct investment (FDI) trends and regional M&A activity.

Tokenized assets, more commonly known as digital securities or security tokens, have become increasingly popular as a means of raising capital and providing investment opportunities. They are digital representations of real-world assets, such as stocks, bonds, real estate, and commodities, that are recorded on a blockchain. The tokenization process allows for the creation of fractional ownership, increased liquidity, and the ability to trade assets on a global scale.

During the virtual launch of the Centenary of the International Court of Arbitration on January 19 2023, arbitration practitioners and users were reminded of the mission of the ICC Court’s mission “to provide access to justice and the rule of law to everyone, every day, everywhere.”

Over two decades ago, an American psychiatrist at the University of Illinois, School of Medicine published an article [1] (“the Article”) on how physicians react to accusations of medical malpractice and suggested a range of strategies that they can use to diminish the emotional disequilibrium that accompanies this experience. Dr Charles’ findings were based upon survey and interview studies and extensive clinical experience going back to the mid late 1980’s- as well as being sued personally as a defendant in medical malpractice Court proceedings.

Federal Decree No 4 of 2016 and Cabinet Resolution No 40 of 2019 (‘the New Law’) are key pieces of legislation which lead to a seismic shift in how medical malpractice claims are dealt with in the United Arab Emirates. 

The UAE Ministry of Finance have recently published the Federal Law No. 47/2022 on the Taxation of Corporations and Businesses (“Corporate Tax Law.”) The Corporate Tax Law was issued on December 9, 2022, in an effort to aid the UAE in achieving its strategic objectives and accelerate the country’s development and transformation.

At the end of this month, the medical world is about to descend upon our fair city for the 2023 edition of Arab Health. Impressive statistics underscore the importance of this event and announces in the post-Covid Era that the Big Event is back- bolder and bigger than before. 3,000 Exhibitors from 70 Countries. Over 50,000 live visitors. 9 Medical Conferences. 300 plus speakers. 150 sessions.

It may have happened to you. You made an investment in a publicly listed company based on their information, only to later learn it was misleading, or you purchased a product only to later discover it was harmful. In both cases, your loss might be less or more severe in either situation. If several people have experienced a comparable loss, it could be reasonable for them to combine their claims, so the total amount is significant enough to warrant a lawsuit. This is called a ‘class action’ lawsuit, represented by a group of people with related legal claims against one or more defendants such as investors, patients, consumers, or workers. Currently, the United Arab Emirates does not adopt a precise legal framework for class action lawsuits. This is because the legal system of UAE is based on the civil law system, which differs from the common law system where class actions are more frequent.

Effective from 2 January 2023, Resolution No. 105 of 2022 in relation to percentage of Emirati lawyers and legal consultants in foreign law firm and legal consultancy offices.

On 4 January 2023, the Dubai government launched the Dubai Economic Agenda (‘D33’) with a view to grow the economy of Dubai by 2033 and position itself in one of the topmost global cities in the world.

In international sale contracts, the difficulty is often in determining exactly what obligations the terms of the contract create. This difficulty is not always apparent in negotiating the contract but becomes apparent when there is a dispute in which the parties argue that the terms in question hold different meanings. Merchant traders want to know the standard which the law applies so they can plan their business often do not have fine legal semantics in mind during contract negotiation. But they are subject to the niceties of the law in fixing their rights and obligations. [1] This being stated, it would seem to follow that a high degree of legal certainty and predictability is required. This paper will consider the extent to which the law of the United Arab Emirates (“UAE”) and the English law relating to termination recognize and provide for this need.

Galadari Advocates continues to strengthen its corporate & commercial practice with Gerry Rogers promoted to Partner in the firm’s DIFC office.

Galadari Advocates & Legal Consultants (Galadari) is pleased to announce the promotion of Intellectual Property and Data Protection Lawyer Raka Roy to Partner, as part of the firm’s strategic plans to bolster our commercial offerings.

Effective June 2023, the new tax scheme will see the country continue to be a major player on the international scene.

Galadari Advocates& Legal Consultants, one of the leading integrated law firms in the region,announces the appointment of Matthew Donovan as a partner based in the firm’sheadquarters in Dubai.

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.

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 Investment Law in 2018. In addition to that, Federal law No. 18 of 2017 amended the Companies Law to allow the authorities to dis-apply the requirement for 51% local ownership of UAE companies. A clear message is being sent to the world that the UAE is open for business, there is a strong modern structure in place in a form which is familiar to the big international players and which will serve their business needs.

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, cheques have been used for decades in the local market as a form of security.

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 on Arbitration (the “new Arbitration Law”), which repealed and replaced the old arbitration law in Articles 203 to 218 of Federal Law No. 11 of 1992. The old law did not reflect international best practice and left too much scope for the award debtor to avoid making payment