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Articles by Bassel Boutros
The Bank's Liability In Fraudulent Bank Transfers
BA BSA Law More BSA is a full-service law firm headquartered in Dubai, UAE, with 9 offices across the region. We are deeply rooted in the region, offering a competitive advantage to clients seeking advice that works in the real world and is truly in tune with the market. We have rights of audience in every country where we have an office, means that we can litigate all the way from the boardroom to the courtroom.
Consequences Of Misidentifying The Arbitration Seat On The Validity Of Arbitration Clauses
BSA LAW recently secured rulings from both the Dubai Court of First Instance and the Court of Appeal dismissing claims against our client based on the existence of an arbitration clause. We note that the courts upheld our procedural objection raised under Article 8 of Federal Law No. 6 of 2018 on Arbitration, before any defence was presented.
The Arbitration Clause In Off-Plan Property Sale Agreements In Dubai
There is no doubt that the real estate market in the United Arab Emirates in general, and Dubai in particular, has witnessed — and continues to witness — significant growth, especially in recent years.
Companies' Liability For Employee Actions Under UAE Laws
In the business world, companies are often held responsible for the actions of their employees, especially when those actions result in harm or damage to third parties. One of the most significant legal provisions that addresses this issue is Article 313 Federal Law No. 5/1985 on the Civil Transactions Law of the United Arab Emirates.
Brokers Commission And The Registration Of The Agreement With Dubai Land Department
Real estate broker's register in the Emirate of Dubai is regulated by regulation No. 85/2006. Article 26 of said regulation stipulates that the brokerage agreement shall be registered in the real estate register, which created a controversy on the legal effect of non-registration of the agreement with the Dubai Land Department. The broker's commission is usually determined either in a separate brokerage agreement or in a sale agreement.
UAE Bankruptcy Law: New Rules Hold Managers, Directors More Accountable
Senior associate, Bassel Boutros, recently spoke to Arabian Business about the new UAE Bankruptcy Law, providing further details on the major changes set to take effect in May 2024. Bankruptcy law was first introduced in 2016, during more than 7 years of practice said law was amended several times due to the practical situations presented to courts.
The New UAE Bankruptcy Law: A Better Regime In The Making
A new Federal Decree-Law No. 51/2023 on issuing Financial Reorganization and Bankruptcy Law has been published in the official Gazette on 31st of October 2023 abrogating Federal Decree-Law No. 9/2016.
Disciplinary Action And Arbitrary Dismissal In The UAE
The following article looks at discrepancies between the new laws on unfair dismissal and recent precedents. "Pacta sunt servanda," which means "agreements must be kept," is a fundamental principle of law in both common and civil jurisdictions. This principle indicates that agreements should be binding for the signatory parties and executed in good faith.
Disciplinary action and Arbitrary Dismissal in the UAE
“Pacta sunt servanda,” which means “agreements must be kept,” is a fundamental principle of law in both common and civil jurisdictions. This principle indicates that agreements should be binding for the signatory parties and executed in good faith. When a party fails to comply with its contractual obligations or acts in bad faith toward the other party, the latter should be entitled to compensation. Article 246 of Federal Law No. 5/1985 on the Civil Transaction Law adopted this principle.
Latest Amendments In Relation To Bounced Cheques In The UAE
United Arab Emirates: Latest Amendments In Relation To Bounced Cheques In The UAE 15 December 2021 BSA Ahmad Bin Hezeem & Associates LLP Your LinkedIn Connections with the authors To print this article, all you need is to be registered or login on Mondaq.com.
Keeping It Civil: The Latest Key Amendments To The UAE Civil Procedures Law
United Arab Emirates: Keeping It Civil: The Latest Key Amendments To The UAE Civil Procedures Law 04 November 2021 BSA Ahmad Bin Hezeem & Associates LLP Your LinkedIn Connections with the authors To print this article, all you need is to be registered or login on Mondaq.com. The UAE has recently amended its Civil Procedures Law and related regulations. In the following article Bassel Boutros examines the key changes and their potential impact.
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