The In-House Lawyer

Unincorporated joint ventures: remembering the basics Many foreign companies registered in the UAE form joint ventures to execute projects, especially in areas like defence, oil and gas, engineering, and construction. However, most of them are unaware that the legal provisions generally ... Read more	What went wrong? Credit crisis and Islamic finance the Islamic finance and banking industry has experienced tremendous development in the past three decades. The innovation of various new products and instruments has been a symbol of creativity and interaction between banking consumers, Muslim ... Read more
UAE insolvency law exists! During the boom times, Dubai and the UAE seldom experienced insolvency cases, so it became a widespread rumour that the UAE does not have an insolvency law. In addition, it had also been widely speculated ... Read more	Legislative advice for establishing LLCs and JVs Foreign corporate ownership in the UAE presents an interesting opportunity for entities, whether they are corporate bodies or individuals, seeking to establish a foothold in the Middle East. There are a myriad of corporate vehicles ... Read more
Use of trusts for asset protection in the UAE Significant legislative changes have taken place in the UAE within the relatively recent past that enable investors and others to use trusts to creatively hold and manage their assets and businesses.originsWhile trusts are normally considered ... Read more	Damages and contracts in the UAE In light of the recent economic developments in the gulf region and more specifically in the UAE, many disputes have stemmed out of contracts. To be in a position to claim damages under contracts (amongst ... Read more
Middle East Construction in 2009: an annus horribilis Based in Dubai, Habib Al Mulla & Company has witnessed first hand the worst effects of the 2009 financial crisis. The Dubai construction market has suffered more than most and the number of construction cases ... Read more	Litigating in the DIFC: some initial guidance for the unaware The Dubai International Financial Centre (DIFC), a 110-acre free zone that was established by the government of the Emirate of Dubai in December 2004 to promote Dubai as a fully-serviced ‘onshore’ capital market, constitutes an ... Read more
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