Background and Objectives In a significant development aimed at consolidating and enhancing the efficiency of commercial control operations, Dubai has issued Executive Council Resolution No. 99 of 2024. The resolution establishes the “Steering Committee for...
On December 24, 2024, Law No. (29) of 2024 was enacted to amend several provisions of Law No. (5) of 2022, establishing the Dubai Media Council. This amendment highlights Dubai’s proactive approach to strengthening its media sector and positioning itself as a...
On December 26, 2024, the Abu Dhabi Court of Cassation issued a significant ruling in the Commercial case, addressing pivotal issues concerning property rights and the jurisdictional authority of the execution judge. This ruling underscores critical principles in...
Deregistration is also known as cancellation of the license, which is a term used in the context of closing limited liability companies primarily by licensing authorities in the UAE. Despite continued legal debates regarding the definition and the legal bases of this...
The UAE Bankruptcy Law has introduced much-needed transparency in respect of the UAE insolvency regime. The law strives to set a more modern framework for corporations restructuring their insolvency status. This article addresses the potential impact of the Bankruptcy...
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