The Strait of Hormuz has become a stark reminder that geopolitical risk can quickly become contractual risk for the shipping industry. A dangerous route does not however, by itself, determine whether an owner may refuse…
Products marketed as offering bond-like certainty — a fixed coupon, a defined maturity date, a headline yield well above prevailing market rates — have proliferated across private markets in recent years. Generally referred to as…
We are pleased to announce that Fichte & Co has secured a USD 50 million worldwide freezing order from the Dubai International Financial Centre (DIFC) Courts in support of confidential foreign arbitration proceedings concerning an…
The current Middle East crisis, particularly the most recent announcement of Yemen’s Houthis declaring a naval blockade and maritime embargo against Saudi Arabia has brought force majeure out of contractual boilerplate clauses and firmly into…
In shipping, most disputes take time. Ship arrest doesn’t. It is one of the very few tools in maritime practice that can immediately disrupt operations, create pressure, and force action sometimes within hours. And that’s…
There has been an alarming increase in ship casualties in recent years, often caused by fire in containers, in holds or in the engine room. Recent casualties in the MENA region include the MAERSK FRANKFURT…
The United Arab Emirates has established itself as a significant player in the global aviation sector, demonstrating excellence as both a pivotal air transport hub and a leader in the domains of aviation finance and…
While the UAE has positioned itself as a global arbitration hub, conducting arbitration there can be a minefield, especially for foreign parties unfamiliar with the nuances of its legal landscape. The UAE arbitration framework is…
When a court or arbitration panel issues a ruling in another country, enforcing it in the UAE isn’t always automatic. Specific legal steps are required to ensure that foreign judgments and arbitration awards are recognized…
