Introduction A recent judgment from the Dubai Court of Cassation provides significant clarification on the distinction between financial restructuring procedures and bankruptcy proceedings under UAE law. The ruling, issued on May 22, 2025, addresses important...
Home-Based Manufacture in the Last Few Years Home-based manufacturing has been increasingly popular in recent years, and increasingly in the food category. From baking homemade cakes and planning lunches to catering the traditional way, a growing number of people in...
In commercial disputes, “simulated contracts” often arise when parties allege that an apparent transaction was not genuine but a façade concealing a different agreement. A recent judgment by the Abu Dhabi Court of Cassation in Case No. 2025-98-Commercial...
Introduction Islamic finance has long positioned itself as a fairer, more ethical alternative to conventional banking. Based on Sharia principles, it prohibits interest (riba) and instead relies on profit-sharing, leasing, and trade-based transactions. On paper, it is...
Understanding Free Zones: What Are They? The free zones in UAE are specific geographic areas within the country that function under a distinct framework of economic and business incentives that is separate from the rest of their governing domains. These zones actively...
The United Arab Emirates (UAE) has recently implemented its first federal law on factoring and receivables assignment following a number of previous announcements regarding this area, with the UAE’s UAE Factoring Law, Federal Decree-Law No. 16 of 2021 on Factoring and...
KH Legal is the trading name of Khairallah Advocates & Legal Consultants L.L.C, licensed by the Government of Dubai, Department of Economy and Tourism, under Commercial Licence No. 619338.
