Dubai Court Archives - Fichte & Co Legal

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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All You Need to Know About Debt Recovery Procedures in the UAE

Moaz El Mustafa — Wed, 29 Aug 2018 07:02:22 +0000

Debts can be traced back to that time before the barter system. At that time, people exchanged services and goods for other services and goods in return. But, what if there were no current services or goods to be exchanged with, and what if one party failed to supply the goods or services as promised? …

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Time-bars, time limits and deadlines for legal cases under UAE law

Alessandro Tricoli — Tue, 24 Apr 2018 08:07:54 +0000

A time-bar (or a statute of limitations as known under common law jurisdictions) is a statutory time limit for the enforcement of a civil claim through legal proceedings. As such a time-bar normally does not eliminate the claim, but it offers the other party an effective defence against its enforcement, thus it is a procedural …

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Enforcement Of Foreign Judgements 2018

Fichte Legal — Sun, 08 Apr 2018 04:04:32 +0000

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 Guide. The UAE chapter consists: Various regimes applicable to recognising and enforcing judgments in UAE jurisdiction and the list of …

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Luna the Worlds 2nd Largest Yacht Arrested in Dubai in Divorce Court Battle

Fichte Legal — Thu, 15 Feb 2018 01:06:41 +0000

A London based Russian billionaire, Mr. Farkhad Akhmedov was ordered to pay £453m to his former wife Ms. Tatiana Akhmedova, following a London divorce court battle. Mr.Akhmedov, the Oil & Gas tycoon was ordered to give his 41-year-old ex-wife 41.5% of his “staggering” wealth by a high court judge in 2016. Ms. Akhmedov had argued …

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An Overview of the Appeal Process in Dubai Court

Moaz Forawi — Thu, 18 Jan 2018 09:45:51 +0000

Dubai Court was founded in the year 1970 and has come to be known as prompt and equitable in the implementation of justice. Dubai Court is an integrated unit consisting of: The Court of First Instance The Court of Appeal The Court of Cassation – the highest court in the judicial system This article will …

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The Welcomed Law for Administration of Estates for Non-Muslims in Dubai

Fichte Legal — Mon, 20 Nov 2017 05:38:35 +0000

The law for administration of non-Muslim estates in Dubai has recently been announced and applies in both the Dubai courts and DIFC courts. This welcomed approach provides further clarity for non-Muslim expatriates who wish to use the Dubai courts in order to register their wills instead of the DIFC Wills and Probate Registry (WPR), which …

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Rescue And Revive: The New Bankruptcy Law in the UAE

Fichte Legal — Wed, 08 Mar 2017 03:00:48 +0000

The much awaited new bankruptcy law in the UAE is a complete legal framework meant to assist financially troubled companies to avoid collapse. It took effect on December 29, 2016 after being decreed by President Sheikh Khalifa. It is part of the global wave of insolvency reform referred to as the “rescue culture” and has …

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Judicial Tribunal rejects DIFC Court jurisdiction

Alessandro Tricoli — Tue, 07 Feb 2017 07:33:36 +0000

In a noteworthy first decision, the Judicial Tribunal for the Dubai Court and DIFC Court (JT), established to decide conflicts of jurisdiction between the two courts, has ruled on 27 January 2017 that Daman Real Capital Partners Company LLC v. Oger Dubai LLC case should be remitted for trial by the Dubai Court, and that the …

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Shipowners May Have To Pay Twice!

Moaz Forawi — Thu, 19 May 2016 06:44:43 +0000

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 assignees under London arbitration proceedings as well as the physical suppliers if their vessels are arrested in Dubai. Following the …

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