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Insights

Insights

Legal analysis and practical guidance on cross-border business, disputes, corporate, employment and IP matters across India and the UAE — including the Legal Help Desk, our Q&A column on the problems clients actually meet.

ADGM

ICC Court to open Overseas Case Management Office in ADGM, Abu Dhabi, UAE

The International Chamber of Commerce (ICC) and Abu Dhabi Global Market (ADGM) announced the opening of an ICC case management office in Abu Dhabi, UAE. The existing activities of the ICC MENA region will be integrated into this new case management structure, as agreed by ICC and ADGM. Related Services: ADGM Practices Operations are expected […]

ATB Legal · 27 Dec 2020 · 1 minRead →
Law Updates

UAE Federal Judiciary sets up One-Day Court for Swift Justice

The UAE Federal Judiciary approved the establishment of misdemeanor courts for the decision of specific minor cases in just one day based on the Code of Criminal Procedures. This will reduce the backlog of cases in the courts resulting in better efficiency of judiciary. Related Services: UAE Mainland Litigation The cases that are addressed in […]

ATB Legal · 23 Dec 2020 · 2 minRead →
Law Updates

Abu Dhabi Judicial Department simplifies litigation procedures

Abu Dhabi Judicial Department (ADJD) in its mission to simplifying litigation procedures and facilitating access of Justice to everyone has adopted 25 new forms in both Arabic and English. The ADJD aims to break the language barrier for litigants (residents and non-residents) and to simplify the procedures resulting in transparent litigation. Related Services: UAE Mainland […]

ATB Legal · 11 Dec 2020 · 1 minRead →
Law Updates

UAE – India Food Corridor Project, a landmark agri-trade project for both the countries

The UAE- India Food Security Summit – 2020 organised by Consulate General of India, Dubai, Confederation of Indian Industry and India Invest has unveiled the Food Corridor Project between the two countries which will triple the exports of agricultural produces from India to UAE, rising the current export of $2.2 billion trade to $ 6 […]

ATB Legal · 9 Dec 2020 · 2 minRead →
Compliance in the UAE

ESR Filing Portal is active in Ministry of Finance’s website

UAE based onshore and free zone business entities conducting “Relevant Activities” as per the current Economic Substance Regulations (ESR), can now file their Economic Substance Notifications and Economic Substance Report directly from the webpage of Ministry of Finance (MoF) at Economic Substance Regulations (mof.gov.ae) ESR filing are made effective from financial year commencing 1 January […]

ATB Legal · 7 Dec 2020 · 1 minRead →
Company Formation

100% Foreign ownership of mainland companies in UAE

Traditionally, setting up a business in UAE mainland required a local partnership. Only Free Zone entities were allowed 100% foreign ownership. A recent announcement has radically changed the business landscape of UAE, allowing 100% foreign ownership in UAE mainland businesses. Investments in certain sectors and economic activities will benefit from this newscheme. Related Services: General […]

ATB Legal · 2 Dec 2020 · 3 minRead →
ADGM

Corporate insolvency regime in UAE

UAE has multiple options when it comes to Corporate Insolvency. This article is the first in a series, detailing Corporate Insolvency options in UAE. ADGM being one of the most advanced in the country, with certain provisions comparable to U.S. options, is being examined in the first one of the series.  The Abu Dhabi Global […]

ATB Legal · 2 Dec 2020 · 5 minRead →
Uncategorized

Construction claims resolution process in FIDIC contracts

I. IntroductionA construction project is a complex process that involves the interaction of multiple participantsand may often result in deviations from the original construction plan. Therefore, the parties tothe construction contract always create a space to deal with all the deviations which are likelyto happen through two processes claims procedures and dispute resolution, collectivelyreferred to […]

ATB Legal · 2 Dec 2020 · 6 minRead →
Compliance in the UAE

Amendments to Commercial Transactions Law with regard to dishonoured cheques transactions

The UAE Cabinet has approved amendments to the Federal Law No. 18 of 1993, commonly known as Commercial Transactions Law. The approved Decree-Law shall come into force in the year 2022 and the provisions shall apply when the Decree-Law is published in the Official Gazette.  The new provisions aim to discourage criminal proceedings against people […]

ATB Legal · 1 Dec 2020 · 4 minRead →
Arbitration

Arbitration and Conciliation Ordinance, 2020

The Arbitration and Conciliation (Amendment) Ordinance, 2020 was promulgated with the purpose of preventing the enforcement of arbitral awards involving fraud or corruption. The stakeholder parties now have an opportunity to seek an unconditional stay of enforcement of arbitral awards when the arbitration agreement or award was induced by fraud or corruption. The provision has […]

ATB Legal · 1 Dec 2020 · 4 minRead →