by khlegal | Nov 8, 2024 | UAE Law
The General Authority of the Court of Cassation in the UAE made a significant ruling that refines the legal requirements for convicted individuals intending to appeal sentences involving imprisonment. This decision established a clear stance on the insufficiency of...
by khlegal | Nov 8, 2024 | Banking and Finance law, UAE Law
On September 16, 2024, the UAE Cabinet issued Resolution No. 94 of 2024, setting forth the executive regulations for Federal Decree Law No. 51 of 2023 on Financial Restructuring and Bankruptcy. This regulation introduces comprehensive guidelines to bolster financial...
by Hiba Bilal | Nov 4, 2024 | Business Insurance, Insurance Law
In the corporate governance framework, Directors and Officers (D&O) Liability Insurance has emerged as an essential form of protection for individuals in senior positions. The importance of corporate accountability and responsibility, especially concerning the...
by khlegal | Nov 4, 2024 | Jurisdictions, UAE Law
In a pivotal judgment on October 30, 2024, the First Execution Objections Chamber of the Abu Dhabi Commercial Court of Execution, tackled a complex corporate liability issue involving third-party liability in debt execution. The case highlighted both the intricacies...
by khlegal | Nov 4, 2024 | UAE Law
The UAE has always been a pioneer in fostering economic and professional integration within the Gulf Cooperation Council (GCC) region. This ambition is now reinforced by Federal Decree-Law No. (25) of 2024, which was recently issued by His Highness Sheikh Mohamed bin...