Lawyers Archives - Fichte & Co

June 30, 2021

8 Things to know about the International Convention on Civil Liability for Bunker Oil Pollution Damage in the UAE

The UAE recently approved the accession to the International Convention on Civil Liability for Bunker Oil Pollution Damage, 2001 (the ‘Bunker Convention’), which has entered into force in the territory of the UAE on 23rd June 2021. This is another step showing the dedication of the UAE to implement the IMO’s Liability and Compensation Regime…

June 24, 2021

Changes in the Consumer Protection Legislation in UAE: everything you need to know

Introduction Offering an augmented revising to the legal structure bordering consumer protection, Federal Law No. 24/2006 on the Consumer Protection (the “Former Law “), has been rescinded and replaced with Federal Law No. 15/2020 on Consumer Protection (the Consumer Protection Law). The new law alterations offer additional fortification towards the consumer entitlements within the United Arab Emirates (“UAE“). As this new…

June 16, 2021

New regulation on Bounced Cheques and its Implications

Introduction The UAE being a commercial hub with an expanding economy, cheques are one of the common forms of payments, regardless of the size of the transaction, and they are also used as a method of security. However, with cheques comes challenges such as bounced or dishonored cheques due to various reasons that can be…

May 27, 2021

Fichte & Co Partners are now appointed as Special Agents of the Liberian Maritime Authority

Fichte & Co, a leading UAE based lawfirm, is delighted to announce that Jasmin Fichte, its Managing Partner, and Alessandro Tricoli, its Partner and Head of Shipping Department, have been appointed as Special Agents of the Commissioner of the Liberian Maritime Authority of the Republic of Liberia to render maritime and corporate services. With this step, Fichte…

April 29, 2021

Limitation of Liability for Maritime Claims (LLMC) Convention and Applicability in the UAE: 10 Things to Know

Introduction The UAE has recently ratified the 1996 Protocol to the 1976 Convention on Limitation of Liability for Maritime Claims (LLMC) and this protocol will enter into force on the 23rd of May 2021. What this will mean for the maritime industry and the applicability of the LLMC Convention and the respective Protocol in the…

April 15, 2021

A new committee to settle heirs’ disputes in Dubai

Based on decision No. 8 of 2021, a Special Tribunal was formed to consider and decide upon any applications, claims, discussions, and appeals submitted in terms of selling inherited residential real estate. This special judicial committee in Dubai will resolve disputes on the sale of inherited residential property, reflecting article 1 of Decree 23 of…

March 31, 2021

MoE: Register your non-financial business to anti-money laundering systems

The UAE Ministry of Economy (MoE) announced that all Designated Non-Financial Businesses and Professions (DNFBPs) must complete their registration in the following anti-money laundering systems by March 31, 2021. This is part of the UAE’s Federal Decree No. (20) of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations….

March 29, 2021

New Visa options in the UAE

The last months have witnessed significant new visa reforms in the United Arab Emirates. The coronavirus pandemic has seen an exponential rise in the number of people switching to remote work. While working from home is becoming the new normal, the United Arab Emirates have started to give the opportunity to live in one of the most beautiful and safe…

February 2, 2021

The kerfuffle of apps terms of use: can they change anytime?

Online Apps (such as WhatsApp, Twitter, Facebook, Instagram etc.) generally follow a similar two-tiered contracting pattern: a clickwrap agreement (which ends with “I Agree…”) and / or a browse wrap agreement, whereby a user agrees to and continues to be bound even if the App reserves the right to unilaterally change its terms of use….

December 22, 2020

Right of Arrest Under UAE Law for Unpaid Bunker Suppliers

Time charterers and demise charterers are usually responsible for supplying the chartered vessel with bunker supplies for the term of the charterparty. Bunker supplies are often supplied on credit terms with a delayed term for payment following the delivery of the bunkers. During difficult market conditions, it is not uncommon for charterers to become insolvent…