Dimitriy Mednikov on Muck Rack

Dimitriy Mednikov

As seen in: Lexology, The Global Legal Post
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Articles

United Arab Emirates

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By Matthew Page, Dimitriy Mednikov
| The Global Legal Post Verified
The UAE offers three distinct enforcement routes. Onshore, the federal and local courts apply Federal Decree‑Law No. 42 of 2022 (the "Civil Procedure Law"). Chapter 4 governs execution of foreign judgments, orders, and bonds. Applications are made by petition to the execution judge, who is directed to issue an order within five working days. Enforcement is available under “the same conditions” as those in the country of origin, which imports a reciprocity analysis in non‑treaty cases.
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Dubai Courts Drastically Curtail Recoverability of Legal Fees in Arbitration under the ICC Rules

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By Sergejs Dilevka, Dimitriy Mednikov
| arbitrationblog.kluwerarbitration.com
On 5 February 2024, the Dubai Court of Cassation (“DCC”) issued a judgment in Commercial Case No. 821/2023 (“DCC Judgment”).
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Cryptocurrency platforms in the UAE: Accept all?

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By Sergejs Dilevka, Dimitriy Mednikov
| Lexology Verified
The price of Bitcoin, the most well-known cryptocurrency, has skyrocketed over the last 12 months with the most recent significant appreciation in its price directly caused by the approval of spot Bitcoin exchange-traded products by the U.S. Securities and Exchange Commission. As a result, interest in cryptocurrency trading and investments, including among UAE companies, citizens, and residents, continues to grow rapidly.
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