Senior Partners Archives - Fichte & Co Legal

The kerfuffle of apps terms of use: can they change anytime?

Dr. Laura Voda — Tue, 02 Feb 2021 09:00:42 +0000

It’s no secret that apps run our lives. The advancement of mobile technologies has opened the gates to a plethora of goods and services, now easily available at our fingertips. With the increased use of smart devices and accessing the internet through them (56% as of 2021), app development has evolved into an attractive market. …

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Right of Arrest Under UAE Law for Unpaid Bunker Suppliers

Siri Hashem — Tue, 22 Dec 2020 03:37:58 +0000

Time charterers and demise charterers are usually responsible for supplying the chartered vessel with bunker supplies for the term of the charterparty. Bunker supplies are often supplied on credit terms with a delayed term for payment following the delivery of the bunkers. During difficult market conditions, it is not uncommon for charterers to become insolvent …

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Importance of Non-Disclosure Agreements (NDA) for Startups

Dr. Laura Voda — Tue, 22 Dec 2020 02:44:28 +0000

In the current times, most startups aim at implementing innovative business ideas, new technologies, and, most probably, unicity. Whereas registering, financing, and making a startup work usually imply a plethora of things to complete, one must not oversee the legalities of it. Innovation and the uniqueness of an idea represent, from a legal standpoint, a …

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Civil Liability for Bunker Oil Pollution Damage

Siri Hashem — Mon, 21 Dec 2020 07:21:05 +0000

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 Civil Liability for Bunker Oil Pollution Damage 2001 (the “Convention”). In this article, we aim to highlight the most important …

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FICHTE WEBINAR: UAE Labor Law – Limited v Unlimited Contracts

Fichte Legal — Sun, 29 Nov 2020 09:05:41 +0000

Free Live Webinar UAE residents and companies are still very unsure of their employment rights until they are forced to defend those rights in court. Our webinar focuses on the difference between limited and unlimited contract, end of service gratuity under each contract. The webinar was presented both in English and Arabic, including 30 minutes …

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UAE Overhauls Corporate Rules and Allows 100% Foreign Ownership in Mainland Companies

Dr. Laura Voda — Tue, 24 Nov 2020 07:32:36 +0000

On November 23 2020, the UAE President, Sheikh Khalifa Bin Zayed Al Nahyan, issued a Decree amending 51 articles and introducing certain new provisions in Federal Law no. 2 of 2015 (Commercial Companies Law). This update aims at analyzing the primary impact of the Decree in the jurisdiction and its relevance for the corporate restructuring …

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Direct Executory Force of Notarized Debts

Dr. Laura Voda — Tue, 24 Nov 2020 03:44:23 +0000

In the UAE, a debt is directly executable before the UAE Courts where it has been notarized and stamped with a stamp of execution by a notary public. This may be an attractive route for settling debts, for debtors and creditors alike, due to the time and cost-efficient nature of the process. In particular, it …

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Overview: Enforcement Proceedings of Domestic and Foreign Judgements in the UAE

Moaz Forawi — Wed, 21 Oct 2020 09:43:43 +0000

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 Decision No. 33/2020) (together the “Civil Procedure Code”). Enforcement of domestic judgements Enforcement proceedings may be initiated after obtaining a …

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A Partnership Between Fichte & Co. and Middlesex University Dubai

Fichte Legal — Tue, 20 Oct 2020 07:28:43 +0000

Since 2016, the partnership between Fichte & Co and Middlesex University Dubai, has focused on establishing a common platform in order to cultivate law students for their transition from academia to the professional industry. The partnership was also sealed by the signing of a Memorandum of Understanding, where both parties committed to a mutually beneficial …

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Dubai Court Dismisses Oligarch’s $115 Million Damages Claim Against Ex-wife

Fichte Legal — Tue, 20 Oct 2020 06:34:48 +0000

A Russian oligarch’s claim for $115 million in damages against his former wife, after a superyacht was impounded in Dubai as part of a costly divorce battle, has been dismissed by the emirate’s highest court. The 115-meter MV Luna has been held in Dubai since February 2018 while lawyers for oil and gas tycoon Farkhad …

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