by admin | Jul 28, 2026 | Banking and Finance law, Civil Litigation, Commercial Litigation, UAE Law
The Dubai Court of Cassation has delivered an important judgment addressing the rights of bank customers whose accounts are frozen pursuant to anti-money laundering investigations and the corresponding obligations of banks to comply with directives issued by the...
by admin | Feb 26, 2026 | Banking and Finance law, Commercial Litigation, Debt Collection, Debt Recovery, Jurisdiction and Ruling
Introduction In a significant 2026 ruling, the Fujairah Federal Court addressed a recurring and highly sensitive issue in UAE commercial practice: whether a cheque issued as a security instrument can be enforced through direct execution proceedings as if it were a...
by admin | 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...