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Showing posts from November, 2023

Exploring the legal system in Dubai

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Law Firms in Dubai set themselves apart from the competition by offering a variety of specialised services and specialised lawyers to clients seeking legal advice in this complex market and environment. Dubai has several quality and professional law firms. Law firms play an important part in arranging deals that are consistent with Sharia law. These firms have also assisted Dubai in establishing itself as a major city in the international Islamic finance market. This capability extends to fields like real estate, where legal firms profit from the continuous real estate boom that defines how the city is dealing with the complexities of property development and construction law . Law Firms actively defend patents, copyrights, and trademarks, offering vital assistance to companies trying to preserve their intellectual property in this complex industry. An additional crucial area of legal practice in Dubai is family law. Private social standing law firms handle cases about marriage, divo...

Should You Hire a Corporate Lawyer?

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Setting up a business is not an easy task. It requires a lot of legal drafting, such as making employment contracts and obtaining intellectual property rights. Your company requires a patent on board. The lawyers understand that every business is different from the other; therefore, they need to get maximum exposure in their areas of expertise. Most of the LAWYERS in ABU DHABI are required for financial purposes, such as issues based on transactions. Corporate lawyers help investors and entrepreneurs make suitable decisions in their businesses, especially regarding finance. Through legal contracts, they take the responsibility of making an agreement that is beneficial for both parties. These lawyers also contribute to teamwork in your business. For example, they communicate with the senior management in the company to make a decision that is valuable to the company’s staff as well as for the company’s clients.  A professional corporate lawyer will have the same objectives as their...

Role of Law Firms in Dubai

Dubai's legal system Dubai's legal system is distinguished by its dynamic mix of legal frameworks with traditional Islamic law, which fosters the growth of legal firms. Law Firms in Dubai provide a wide range of legal services to satisfy their clients' diverse needs. These firms provide specialised expertise to navigate the complexities of both local and international legal work, ranging from corporate law and finance to real estate, intellectual property, family, and divorce laws. This diversity is a reflection of Dubai's dedication to offering complete legal solutions to every type of matter faced by people. Global Law Firms Global law firms have been drawn to Dubai by its attractive location and business-friendly policies. A large number of international law firms have invested in offices in Dubai as a result of the city's importance as an East-West gateway. This trend not only makes it easier to collaborate smoothly on legal matters involving foreign parties bu...

Asking Lawyers to Assist with Novation Agreement

Asking Lawyers to Assist with the Novation Agreement You must have heard about intellectual rights, employment contracts, and joint ventures, but have you heard about the novation agreement? It is a type of agreement constructed in the existence of the current contract. However, a novation agreement is created when there is a transfer of duties to the third party or one of the parties gives up on the previous contract. In simple words, the novation agreement is made when the existing contract is replaced with a new one. New Terms and Conditions It has all the new terms and conditions that are decided by all the individuals involved in the business. This means that the previous agreement will hold no responsibility or cannot be held accountable in the court in the future. The lawyers in Abu Dhabi help companies in drafting novation agreements. The Novation Agreement The novation agreement is operated in a different manner where the original party has passed their interests to the new p...

Easy Debt Collection in the UAE

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Despite the UAE commercial laws, Debt Recovery Dubai firms are working for businesses that are facing debt collection issues. In simple words, debt is a financial amount that is not paid by the debtor to the creditor in the exchange for goods and services. It could be in the form of a bounced cheque, too. There are ways to recover debt, but not every person can do it; therefore, only debt collectors are hired by the companies. Before starting with debt collection, you need to know about the debtor’s reputation in the market. A credible debtor will not ignore any kind of debt. You must verify all the relevant information about the debtor through your past business interactions. However, if there is any problem that has delayed the payment, both the creditor and debtor should sit together to find an amicable solution to this kind of insolvency with the help of a debt collector. It is important to have proper documentation because that is the evidence showing the amount of debt owed and ...

Retrieving Debt for Your Business

Debt is a financial amount that is owed by the debtor to the creditor in exchange for goods and services. Sometimes, the business forgets about the debt issues while building healthy relations with its clients. In some cases, the debtor forgets to pay the amount or may have a financial crisis to pay back the amount. Therefore, the business is going through a bad debt scenario and an uneasy cash flow. Debt Recovery Firms In the UAE, Debt Recovery Firms are helping companies recover their financial amount through their practical and legal expertise.  There are various kinds of debt. One of the debts is known as commercial debt. It is a debt that the company owes to the other company. Commercial debt is common in the UAE because it is one of the biggest business hubs, and debts occur. Commercial Debt Collection Commercial Debt Collection is collected through professional debt collection services in Dubai. They understand the UAE commercial laws and ways in which they can process debt ...

Insolvency Law in the UAE

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Insolvency Law in the UAE Debt collection is an important part of the business because it affects the cash flow. Sometimes, the debtor is reminded to clear their debt at the earliest, because they have already missed the deadline for payment. There are some dodgy debtors and some are insolvent. The latter term is defined as a person who is bankrupt and cannot pay their debt. However, in such of situation, the UAE laws permit debt recovery Dubai agents to think of another solution that may satisfy their client or take the help of the court Some debtors understand that settling someone’s debt is important, and they must work on it. However, the UAE Insolvency Law asks the debtor to appear in court, where he would request the court to avoid litigation and settle an amicable financial obligation with the creditor. If the court confirms the debtor’s bankruptcy, then their case is approved for an amicable agreement with the creditor. Nevertheless, nothing can be done without providing suppo...

Reasons to Review Your Will

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Reasons to Review Your Will P eople usually do not focus on making Will unless they do not have a business or assets to secure. A Will is a document that has all the information about the property and how will it be distributed as decided by the deceased – known as the Will owner. However, as time changes, one needs to adapt to life for better stability. Created a Will for many Years If you have created a Will for many years, you can review the changes to increase the benefits for your immediate family after your death. There must be various family laws in the UAE, and you will need to find Legal Consultants and Lawyers in Dubai to find the best legal services.  It is a common misconception that a Will cannot be reviewed once created. That is not true. You can make changes to the Will if you have a major change, such as a change in your financial position or personal circumstances. The best time to review Will is between 3-5 years. One must be very clear Before making changes to t...

Get Legal Help Against Cyber Attacks

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These days hacking has become common because people have started living a digital life. With one click, they get food deliveries or any product. They have also started using social media platforms that could be harmful to them, but hardly anyone cares about it unless they don’t go through cyber hacking. In a moment, a person’s profile can be recreated by the hacker. A video or a photo can give so much information about your life that it can ruin you forever. Therefore, always be careful while posting, because sometimes, you may post your card details for online shopping and save them for the next time, which might give the details to the hacker. Advocate Mr Mohammad Ebrahim Hassan Al Shaiba of Al Shaiba Advocates located in Business Bay Dubai UAE Many young people have been cyberbullied as they have shared messages and photos with the digital world. They have been threatened for their lives for they have posted some content that is not liked by their peers, maybe it could be a sex offe...