enforcement Archives - Fichte & Co Legal

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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New horizons in cross-border enforcement? English Courts enforce a Dubai Courts judgment.

Dr. Laura Voda — Mon, 23 Mar 2020 09:53:22 +0000

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) may mark a new era in enforcement of foreign judgments. Primarily, the general principle regarding recognition and enforcement of a …

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Enforcement Of Foreign Judgements 2019

Fichte Legal — Thu, 28 Mar 2019 10:10:33 +0000

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

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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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UAE’s Federal National Council Approves The New Arbitration Law

Fichte Legal — Tue, 06 Mar 2018 10:28:54 +0000

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 business world is always evolving and an effective dispute resolution system is paramount to securing investor trust,” said Habib Al …

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Legal Considerations On Blockchain-Based Bill Of Lading

Alessandro Tricoli — Thu, 01 Mar 2018 02:34:47 +0000

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 better industry practices and solve existing problems. Further, there have been initial coin offerings launches to obtain funds for developing …

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Endofa could be stuck with million dollar claim in Dubai

Fichte Legal — Sun, 28 Jan 2018 03:27:43 +0000

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. The claim stems from a failed oil transaction in Africa. Danish bunker company Endofa could be stuck with a disputed …

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DIFC Court Judgments and DIFC Wills to reach assets in Ras Al-Khaimah

Fichte Legal — Thu, 15 Dec 2016 06:35:30 +0000

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 five Memoranda of Understanding (MOU)[1]. Essentially the Legal Package, signed at the Al Dhait Palace and witnessed by His Highness …

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Enforcement – The Gulf Widens

Fichte Legal — Sun, 08 Nov 2015 11:01:32 +0000

The Gulf widens between the Enforcement of Foreign Judgments and Foreign Arbitral Awards in the DIFC as a result of a recent ruling of the Dubai International Financial Centre Courts (“DIFC”) Court of First Instance (“CFI”) (CFI 043/2014 – DNB Bank ASA v. (1) Gulf Eyadah Corporation (2) Gulf Navigation Holding PJSC (“Eyadah”), ruling of …

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Fichte contributes to “Enforcement of Judgments and Arbitral Awards” book

Fichte Legal — Mon, 02 Nov 2015 05:41:07 +0000

We were pleased to contribute to the Enforcement of Judgement and Arbitral Awards: A Global Guide from Practical Law. Managing Partner Jasmin Fichte along with Partner Alessandro Tricoli provided insights on the key issues in enforcement and arbitral awards in the UAE. Covering 27 jurisdictions, each chapter addresses a range of topics including definitions and …

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