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…
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,…
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…
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UK Supreme Court judgment on OW Bunker, The Judgment in Brief: The long awaited Judgment by the UK Supreme Court (“UKSC”) was handed down on 11th May 2016 in which they unanimously dismissed the appeal…
Although the outcomes of arrest proceedings are becoming more predictable to the reassurance of physical bunker suppliers, it appears that shipowners will continue to be at risk of having to pay OW Bunker or its…
Important Notice for Companies Incorporated in Mainland UAE! The deadline to amend your company's memorandum of association ("MoA") to bring it in line with the provisions of the new UAE Commercial Companies Law (Federal Law…
The Middle East now represents a significant portion of the buyers in the current yacht market. While there has been a relative slowdown in the sale of newly built yachts, there has been a renewed…
After OW Bunker's insolvency, Owners were faced with the risk of having to pay twice for the same bunkers - once to OW Bunkers / ING who had a contractual claim, and once to physical…
