fractional property ownership

Considering fractional property ownership using tokens?

Issuing property tokens on the blockchain and creating a marketplace for owners, retail and institutional investors, could energize the regional real estate market. Getting involved in fractional property ownership using tokens requires legal knowledge. A Q&A with Nadim Bardawil and AMEinfo.    Are individual and constitutional investors in this region legally comfortable with this blockchain-based setup? The…

Construction dubai, pay-when paid clause

Testing the legal basis of the lack-of-purpose argument

One of the most daunting prospects for an MEP sub-contractor – or, indeed, any sub-contractor – is the possibility of being held ransom to a pay-when-paid clause. Quite commonly included in MEP sub-contracts, this clause effectively dictates that the MEP sub-contractor will receive payment only within a given period of time, usually around 14 days,…

The Future of Fintech

The Future of FinTech

Join us for a special breakfast event at Dubai Expo 2020: ‘The Future of FinTech: Bridging the divide between the unbanked and traditional finance. How FinTech trends in the Middle East are transforming the industry.’ Over the course of the morning we will be discussing how FinTech trends in the Middle East are driving corporates…

DIFC Employment Law

DIFC Employments Law’s new Amendments Explained

Changes to the DIFC Employment Law serve to clarify ambiguities regarding the existing law and will increase the financial centre’s attractiveness. Bradley Moran, elaborates on the latest amendments to Dubai International Financial Centre’s Employment Law and what they mean for the hub’s employees and employers.   Notable changes for all DIFC employers and employees include: Seconded…

Insurance Litigation

Chambers & Partners: UAE Insurance Litigation 2021

The BSA Insurance team have contributed the UAE Chapter of the Chambers & Partners Insurance Litigation 2021 guide. The guide provides the latest legal information on alternative dispute resolution (ADR), the enforcement of foreign judgments, the applicability of the New York Convention, coverage disputes, claims against insureds, insurers’ recovery rights, and the impact of COVID-19…

Anti money laundering UAE

Dubai’s recently established money laundering court explained

The following article was originally published for BSA in Arabian Business and discusses the implications of the Dubai Courts’ specialised money laundering court. In August, Dubai Courts announced the establishment of a specialised court, focused on combating money laundering, within the Court of First Instance and Court of Appeal. The move, which seeks to strengthen…

The New UAE Health Data Law – an In-Depth Look

The following article was originally published for BSA in the Oath Magazine and can be downloaded here: UAE Health Data Law. Healthcare data, and information, and its development in terms of how this data/information is protected, is a fast-evolving growth area, challenging both industry and consumers alike in the United Arab Emirates, i.e., where does one start…