Consumer Protection Update
Great news for the consumers in UAE, for details, take a glance at the brief update on the newly amended UAE consumer protection law that just came into force.
ARBITRATION ALERT
On 20 December 2023, the Abu Dhabi Chamber of Commerce and Industry announced the launch of a new arbitration centre in the Emirate, the Abu Dhabi International Arbitration Centre (ADIAC) which has been branded as arbitrateAD.
Strengthening the UAE’s Anti-Money Laundering Framework: An In-Depth Analysis of Cabinet Decision No. 109/2023
The article discusses the UAE’s new law which aims to fortify the legal framework and processes to combat potential money laundering and the financing of terrorism by delegating, amending and clarifying existing responsibilities within the framework, as well as demonstrating a proactive approach through the adoption and implementation of new reporting mechanisms.
In appreciation of DIFC’s call to action for a sustainable future
Today is Finance Day of COPS 28 and DIFC issued a press release on DIFC COP28 legacy programme.
DIAC Mediation Rules – 2023
Mediation is increasingly becoming the preferred default option for dispute resolution as it may offer unique solutions, stronger confidentiality, and safeguard relationships and can be availed to resolve a wider spectrum of disputes coupled with advantages offered by party autonomy.
Federal Trust Law Reform
The United Arab Emirates recently enacted Federal Decree-Law No. 31/2023 (the “New Law”), which supersedes the previously issued Federal Law No. 19/2020 Regarding Trusts (the “Old Law”).
Analysis of the recent DIFC Court of Appeal’s Judgment in Panther Real Estate Development LLC v Modern Executive Systems Contract LLC [2022] DIFC CA 016
An analysis on the reasoning of the DIFC Courts’ in dealing with construction claims made under FIDIC ‘99
EVENT – DUBAI ARBITRATION WEEK 2023
M&CO Legal are hosting an event during Dubai Arbitration Week 2023 titled Recent Developments in UAE Arbitration
The Amendment Law on UAE Arbitration Law: An Analytical and Comparative Study with the Federal Law No.6 of 2018 on Arbitration
This paper describes, compares and examines the Amendment Law with the Federal Law No.6 of 2018 on Arbitration. Also, it studies the possible effects of the amended articles on the UAE arbitration system, arbitration procedure and domestic and international parties.
The Authority of Courts and Arbitral Tribunals in Determining Applicable Rules in the Absence of Parties’ Agreement: A Comparative Analysis
This article examines the authority of competent courts and arbitral tribunals to establish relevant regulations in instances where parties are unable to reach a consensus on arbitration procedures, such as the selection of an arbitrator or the determination of an applicable procedural law.
