Fichte and Co appoints Dr Laura Voda as Partner, strengthening its position in the thriving UAE legal landscape
As the UAE continues to establish itself as an ideal hub for business, the need for reliable legal services continues to grow exponentially. With an increasing number of international companies setting up their operations in…
The interpretation of “otherwise” in a Jurisdiction Clause
On 29 July 2022, the English Commercial court rendered a decision in Al Mana Lifestyle Trading LLC & Ors v United Fidelity Insurance Company PSC & Ors [2022] EWHC 2049 (Comm) case, whereby the claim…
New Emiratisation Laws – 2% Emiratisation Law and Classification Law
What is Emiratisation? The initiative by the Government of the UAE to increase the number of UAE nationals employed in the private and public sectors is called Emiratisation. The Emiratisation program is an…
Approaching Deadline: Amendments to Constitutional Documents of Mainland Companies
The Federal Law by Decree No. 26 2020 (“Decree Law”), issued on November 23, 2020, introduced new provisions amending various aspects of the Federal Law No.2 2015 regarding Commercial Companies (“Commercial Companies Law”). The Decree…
Is the Arbitration Clause included in the General Terms and Conditions of the Insurance Policy a valid clause?
Our client approached us to assist him in filing a case against one of the well-known UAE Insurance Companies. The client complained about his insurance company refusing to cover a surgery under the medical insurance…
Covering the same Risk under Multiple Insurance Policies
The concept of insurance depends on the participation of a group of persons, whether physical or corporate (the insured), that distribute the risks that may result from specific events. The insureds pay pre-determined contributions to…
Dissolution of EMAC and its effects on the business community
On September 14 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, issued Decree No. 34 of 2021 (“Decree”) regarding the Dubai International Arbitration…
Is it going to be the end of abandoned vessels in UAE waters?
Recently, we have witnessed the massive development in the UAE maritime industry; the UAE has acceded to two major international conventions, namely the 1996 Protocol on Limitation of Liability ("LLMC") and the 2001 International Convention…
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…