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…
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…
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…
Civil Liability for Bunker Oil Pollution Damage
UAE APPROVES TO JOINING OF THE INTERNATIONAL CONVENTION ON CIVIL LIABILITY FOR BUNKER OIL POLLUTION DAMAGE UAE Federal Law No. 166/2020, issued on 10th November 2020, has approved the joining of the International Convention on…
News Alert: Economic Substance Requirements Guidance Issued
Introduction On 11 September 2019, the UAE issued Ministerial Decision No. 215 of 2019 on the Directives for the implementation of the Economic Substance Regulations (ESR). The ESR was earlier published in April 2019 as…
Everything You Need to Know about the New Joint Property Law
Background and introduction Just recently, His Highness Sheikh Mohammed bin Rashid Al Maktoum Vice President and Prime Minister of the UAE issued Law No. (6) of 2019 pertaining to the Joint Ownership of Properties (Joint…
10 Things to Know about the New Incoterms 2020
Published since 1936, the International Chamber of Commerce (ICC) has published a set of three letter trading terms for the use in sale and purchase contracts. These ‘Incoterms’ deal with the obligations of the buyer…
Will insurance cover damages by rain? UAE law firm clarifies
[vc_row][vc_column][vc_column_text] Residents have questions whether these damages are covered under the insurance as rains are caused by "intentional act" of cloud seeding. Damages to vehicles and properties caused by the ongoing record-breaking rain spell are…