Maritime Archives - Fichte & Co

FICHTE WEBINAR: COVID-19 and Shipping Industry

Free Live Webinar The COVID-19 outbreak has been affecting supply chains worldwide and significantly impacting global trade. The shipping industry, being the backbone of global trade, has been severely disrupted. Our recent webinar focused on the major legal implications in the shipping industry, as well as some helpful takeaways from our Partner and Head of...

FICHTE WEBINAR: COVID-19 and Employment Law in the UAE

Free Live Webinar To help employers and employees better understand the current developments, including some temporary measures introduced in the UAE, Fichte & Co recently hosted a free live webinar. Our Associate, DR. Laura Voda and Seniors Associate, Moaz Forawi talked about the Ministerial Resolution 279, the scope and applicability, provided clarity towards the measures...

Things to Know about the “Early Leave” Initiative in UAE

Note: In continuation of our previous article, the NEW Ministerial Resolution on Employment and COVID 19 1. What is the “Early Leave” Initiative? In furtherance to Ministerial Resolution 279 of 2020 and as part of the UAE Government efforts to contain the effects of the COVID 19 pandemics in the labor market, the Ministry of...

Employers and NEW Ministerial Resolution 279 in the UAE

On March 26, 2020, the Ministry of Human Resources and Emiratization (MOHRE) issued Resolution 279 on Employment Stability in the Private Sector during the period of application of the precautionary measures aimed at curbing the spread of Coronavirus. The Resolution is aimed at protecting the non-UAE employees for the duration of COVID-19 precautionary measures applied...

Employment affected by COVID 19 in DMCC and other free zones – legal insights

Colloquially, people understand commercial free zones as areas somehow segregated from the UAE onshore territory. Whereas this understanding is mainly accurate for the financial free zones, it is to be known that commercial free zones do not depart vastly from the Federal legislation or from the local legislation in the Emirate where they are located....

Salient Q&A on the impact of COVID-19 on the labor market in the UAE

Note: THIS IS APPLICABLE FOR UAE COMPANIES THAT FALL UNDER THE APPLICATION OF THE FEDERAL LAW 8 0f 1980 AS AMENDED. GOVERNMENT ENTITIES ARE THEREFORE EXCLUDED. Can the employer oblige the employees to come to work during the Coronavirus pandemic? Whereas it is difficult to issue a clear answer to the question due to dependency...

Impact of COVID-19 on Vessel Charters

In December 2019, the coronavirus (COVID-19) was first reported as an emerging virus in China, and in the following weeks, the virus had spread globally. Earlier this month, the WHO declared the COVID-19 outbreak as a pandemic, thereby indicating that the virus will affect people across a huge geographical scale. Stock markets in most countries...

New horizons in cross-border enforcement? English Courts enforce a Dubai Courts judgment.

In 2020, the English High Court recognized and therefore ordered summary judgment for the enforcement of a Dubai Courts judgment. The English Courts’ approach in Lenkor Energy Trading DMCC v Puri [2020] EWHC 75 (QB) may mark a new era in enforcement of foreign judgments. Primarily, the general principle regarding recognition and enforcement of a...

February 26, 2020

Force Majeure and the Coronavirus

Companies are doing their best and taking precautions to prevent the spread of the Cornovirus; some of the measures these companies are taking could invoke force majeure clauses or the "impossibility of performance" defence as a preventative measures , the main one being flight suspension, ban on foreign tourism and some operations being delayed. The...

February 18, 2020

News Alert: Economic Substance Requirements Guidance Issued

Introduction On 11 September 2019, the UAE issued Ministerial Decision No. 215 of 2019 on the Directives for the implementation of the Economic Substance Regulations (ESR). The ESR was earlier published in April 2019 as the Cabinet of Ministers Resolution No. 31 of 2019. The Ministerial Decision of September 2019 (the “Guidance”) is served as...