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Recurring Issues in the UAE concerning Arbitration

Recurring Issues in the UAE concerning Arbitration
UAE Arbitration Law, Recurring Issues in the UAE concerning Arbitration, By Eric Teo – Head of International Practice & Special Projects. In my years of legal practice in the UAE, I have seen many hodgepodge agreements used in the region arising from “recycling” old agreements or clauses that are defective or unsuitable. Such agreements increase the risks of contracting as they may not work as intended. This situation is most apparent when an arbitration agreement or clause is in question. Since the UAE Arbitration Law came into force in 2018, there have been several Cassation Court deci...
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Execution procedures in the UAE for Civil cases before Mainland Courts

Upon securing a final court judgement, a judgement creditor needs to initiate execution procedures via the court for recoveries of the judgement amount. Such a request needs to be made upon submitting an application to the execution department of the courts of the relevant Emirate. Once the execution proceedings have been filed, the judgement debtor will be summoned by the court execution department to either settle the debt amount within fifteen days or to object to the execution (as applicable). In the event, the judgement debtor does not settle or object the execution within the stipu...
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UAE’s New Mediation Law

By Eric Teo – Head of International Practice & Special Projects   In April, the UAE Mediation Law No. 6 of 2021 was issued. This law supports mediation and has a section on private mediation agreements (in contrast to mediation administered or imposed by the court as a pre-litigation requirement). Mediation is a process involving an impartial person acting as the mediator to facilitate settlement between disputing parties.  One reason why parties are cautious about mediation is the concern that they might inadvertently reveal sensitive information or make damaging admissions wh...
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Changes to the UAE Commercial Transactions Law in relation to Dishonoured Cheques

The UAE cabinet recently approved the issuance of a Federal Decree-Law to amend several provisions of the UAE Commercial Transactions Law. Amendments include changing certain provisions covering dishonored cheques, issuance of cheques without consideration, deliberate tactics used by the drawer to avoid cheque payments, criminal/penal aspects; by providing the beneficiary of the cheque speedy and advanced mechanisms for recovery and security. Below we highlight some of the salient changes made in this regard: Where the consideration for clearance is less than the cheque amount, the ...
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Introducing our New Partner in Spain

Introducing our New Partner in Spain
  Dear Partners and Clients, We are pleased to announce that United Advocates has entered into a Collaboration with ACEBO & RUBIO, ABOGADOS, a renowned law firm based in Madrid, Spain founded in 2002 specializing in Commercial and Corporate, Civil Law, Litigation, Arbitration, Intellectual Property, and Real Estate. Therefore we will be able to continue to provide our legal services to our esteemed clients in Spain through our new collaboration. Since our establishment, we have taken great pride in our commitment to not only build a law firm that provides premier legal services ...
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Rising debts in the construction industry, are you creditworthy?

By Eric Teo – Head of International Practice & Special Projects In Dubai, it is noticeable that certain commercial and retail activities are beginning to hum again, and hopefully, the rapid pace of vaccination and continued buzz in real estate transactions will stimulate green shoots in the local construction and real estate industry. But, we must not let our guard down as financial troubles in the industry still linger with rising bounced cheques and debt recovery cases. We regularly hear clients lamenting about bad debts and discovering the front door of their customers' offices fill...
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A brief note by Eric Teo – Head of International Practice & Special Projects

Many stakeholders in the UAE construction industry are concerned with the latest news of Arabtec officially filing for bankruptcy. Some might be fretting over their long list of debtors and are anxious to take action. However, they will need to be aware that the UAE is currently in the “Emergency Financial Crises” (EFC) period insofar as the UAE companies bankruptcy law is concerned. To recap, in October last year, the law was amended to introduce the concept of EFC. And on 31 Jan 2021 Cabinet Resolution No.5 of 2021 was published confirming the period from 1 April 2020 to 31 July 2021 to b...
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Salient Changes to the UAE Companies Law

In recent years, the UAE has taken steps to reduce certain restrictions applicable to onshore companies by passing various laws and regulations for the attraction of foreign direct investment into the UAE, by previously issuing Federal Law No. 19/2018 (regarding Foreign Direct Investment) and thereafter Cabinet Decision No. 16/2020 in line with such law (the “FDI Laws”). The UAE recently issued Federal Decree-Law No. 26/2020 (the “Amendment Law”) amending certain provisions of Federal Law No. 2/2015 on Commercial Companies (the “UAE Companies Law”) by setting out the much-anticipated change...
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NOTICE

Notice Kindly be informed, that we have received several calls, that Mr. HAIDAR ABDUL-RASOOL KADHEM, Mr. MAHMOUD HASSAN KHATIB AL NOUFI and others, have used the name and logo of our firm “United Advocates”, as well as the name of the Co-Founder of the Firm, Mr. ABDULLAH AL ZARI. The also used the logos of government bodies for the purpose of committing deception and fraud crimes. Therefore, we deny any relationship or link of our Firm “United Advocates” or Mr. ABDULLAH AL ZARI, with or to Mr. Mr. HAIDAR ABDUL-RASOOL KADHEM, Mr. MAHMOUD HASSAN KHATIB AL NOUFI or any other person or...
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Announcement of Freelancer License in Abu Dhabi

The Abu Dhabi Department of Economic Development has recently announced a new “Freelancer Visa” which shall cover about 48 type of business activities that can be conducted in the Emirate of Abu Dhabi. This new Freelancer License will be available not only for UAE citizens and residents, but also for non-UAE residents. A UAE resident who wishes to practise a similar activity to their regular job will require a prior written approval from their employer accordingly. Applicants who avail this new Freelancer License will also have the option to apply for residence visas, and an office space...
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