The In-House Lawyer

Enforcement of foreign awards in the UAE Gordon Blanke (left) and Soraya Corm-Bakhos (right) analyse the UAE courts’ change in approach to international arbitration since the emirates’ accession to the New York Convention and ask whether this represents a ... Read more	Pledge of a banking deposit Under UAE law, the commercial pledge is a possessory pledge, which means that the possession of a pledged asset (but not its ownership) is transferred to a pledgee or to an agreed third party as ... Read more
Clarifications on pledges over commercial premises under UAE law There is some confusion among practitioners and even regulators with regards to a pledge over ‘commercial premises’ or ‘businesses’. It is important to clarify how a pledge over commercial premises can be legally applied u... Read more	An overview of UAE agency law UAE Agency law impacts upon many different aspects of commercial life in the United Arab Emirates. The governing law, Federal Law No 18 of 1981 (the Agency Law), is extremely broad and captures commercial activities ... Read more
UAE strata law: enforcing the rights of owners' associations On 31 December 2007, Law No 27 of 2007 (concerning ownership of jointly owned property in the emirate of Dubai) was published in the official gazette, which came into force on 1 April ... Read more	Side agreements in the UAE: reconciling with the Companies Law In the UAE it is common knowledge that many limited liability companies (LLCs) are in fact owned and managed by foreign shareholders, though the legal ownership may reflect differently. It is common for the shareholders ... Read more
Contractual misrepresentation under UAE law Prior to discussing misrepresentation it is important to understand the structure of the legal system in the UAE.1... Read more	UAE investment funds: proposed regulations On 6 January 2011 The Emirates Securities and Commodities Authority (ESCA) released a new draft regulation on investment funds in the UAE (the Regulation) for public consultation. The deadline for submitting comments or responses to ... Read more
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