Judicial Tribunal rejects DIFC Court jurisdiction

In a noteworthy first decision, the Judicial Tribunal for the Dubai Court and DIFC Court (JT), established to decide conflicts of jurisdiction between the two courts, has ruled on 27 January 2017 that Daman Real Capital…

Transformation of Offshore Jurisdiction in Ras Al Khaimah

International business companies (IBCs) incorporated or proposed to be incorporated in Ras Al Khaimah must note the recent establishment of the Ras Al Khaimah International Corporate Centre (RAKICC) which, going forward, will be the sole…

DIFC Court Judgments and DIFC Wills to reach assets in Ras Al-Khaimah

On 12th December 2016 a package of legal agreements (“the Legal Package”) was signed between the Dubai International Financial Centre (DIFC) Courts and Ras Al-Khaimah. The overall Legal Package consists of two Co-operation Agreements and…

DIFC Court rules on Arbitration Agreements

The issue concerning legal capacity has caused much consternation in the UAE due to the fact that UAE legislation requires a special authorization for arbitration and thus losing the right to litigate disputes in the…

Fichte marks official opening of its new office in Abu Dhabi

Fichte & Co held a very successful launch event to mark the official opening of its new office in Abu Dhabi, Fichte & Co LLP. The office marks the next phase of the award-winning company’s…

Fichte Signs MoU with Middlesex University Dubai

Fichte & Co and Middlesex University Dubai have partnered to establish a common platform in order to cultivate law students for their transition from academia to the professional industry. The partnership was sealed by the…

Fichte growth continues with new office in Abu Dhabi

The ever expanding team of Fichte & Co has recently established their Abu Dhabi office with their Partner, Mr. Ziad Touma. The launch of the office was announced at the firms 10th Anniversary Party, earlier…

Jafza signs MoU with DIFC Dispute Resolution Authority (DRA)

The Jebel Ali Free Zone (Jafza) has signed a Memorandum of Understanding (MoU) with the DIFC Dispute Resolution Authority (DRA.) This provides Jafza registered companies, their employees and investors, access to a suite of established,…

LLC’s: time for compliance check with Companies Law?

Although the Companies Law (Federal Law 2/2015 concerning commercial companies), which came into effect in July 2015, did not bring about ground-breaking changes to the legal regime surrounding limited liability companies (LLC) in the United…