New High Court judgment reconfirms enforcement actions in UAE to be honored in UK, despite assets being transferred to escape creditors
In 2022, the UAE Ministry of Justice confirmed there is reciprocity between the UAE and Great Britain and Northern Ireland with regards to enforcement in judicial matters. This happened after the landmark Lenkor [1]…
Overview: Enforcement Proceedings of Domestic and Foreign Judgements in the UAE
Introduction In the UAE, the general procedures for the execution and enforcement of domestic and foreign judgements are set out in Federal Law No. 11/1992 and its recent amendments (Cabinet Decision No. 57/2018 and Cabinet…
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)…
Enforcement Of Foreign Judgements 2019
Fichte & Co is thrilled to announce our contribution to Enforcement of Foreign Judgement 2019. Our Managing Partner, Jasmin Fichte and Partner, Alessandro Tricoli have contributed to the 4th edition of ICLG, the International Comparative Legal…
Enforcement Of Foreign Judgements 2018
Fichte & Co is thrilled to announce our contribution to Enforcement of Foreign Judgement 2018. Our Managing Partner, Jasmin Fichte and Partner, Alessandro Tricoli have contributed to the 3rd edition of ICLG, the International Comparative Legal…
UAE’s Federal National Council Approves The New Arbitration Law
Lawyers have welcomed the UAE’s approval of a draft law on arbitration, a fast-growing method of settling disputes out of court, saying it would provide increased confidence to investors bringing cases in the Emirates. “Today’s…
Legal Considerations On Blockchain-Based Bill Of Lading
The utility of blockchain technology extends to trade finance and shipping, as recent developments in the shipping industry have shown. Shipping companies, technology firms, and government agencies are reportedly collaborating to use blockchain technology to…
Endofa could be stuck with million dollar claim in Dubai
A claim in Dubai of close to USD 1 million against Endofa will likely disappear because the bunker company is now closing its company in the desert state, says a local lawyer specialized in shipping.…
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…