By Yi Ling Wong and Samarth Chaddha In the June-July 2016 edition of Al Tamimi’s Law Update Article (http://www.tamimi.com/law-update-articles/crowdfunding-platforms-in-the-uae/), we have previously provided an overview on the Crowdfunding Platforms in the UAE and highlighted some of the key regulatory issues commonly encountered. In an effort to facilitate the growth of the SME sector and FinTech […]
By Fiona Robertson The GDPR is intended to protect the data of residents of EU countries but in doing so, there are claims that it has the capacity to extend beyond the jurisdiction of the European Union to the operations of entities outside that region. The intention of this article is not to provide an […]
Smart contracts will have a disruptive effect on traditional contractual performance, both practically and conceptually. However, are smart contracts actually “contracts” and are they really “smart”? What are smart contracts?
By Ahmed Al Barwani With the fast development and implementation of technology and the internet in processing operations in private and public sectors, and concluding transactions locally and internationally online or electronically on a cross-border basis, it has become essential to develop a legal framework to safeguard the rights and interests of stakeholders utilising such […]
By Sabrina Saxena The UAE is not as flexible as other jurisdictions and does not accommodate many types of business models. Before an expatriate is eligible to work in the UAE, they must receive approval from the UAE immigration and labour authorities and are required to obtain a residence visa and work permit. As part […]
The online sale of pharmaceutical products in Romania has been on the rise in recent years. This strengthening trend can be attributed to the growth of online purchases in Romania in general and to the fact that, until recently, the law left room for interpretation in this area. Recent amendments to the laws governing the sale of […]
The Minister for Justice and Equality, Charlie Flanagan, published the Coroners (Amendment) Bill 2018 on 2 August 2018 with the aim of significantly clarifying, strengthening and modernising the law relating to the reporting of deaths to coroners. The Bill, once enacted, will amend the Coroners Act 1962. The Bill allows for a wider scope of […]
Banking litigation experts Rob Aberdein and Justin Coley from Walker Morris’ Lender Services team explain how lenders and law firms can harness new technology and debt management solutions to offer an enhanced customer journey and improved lender/borrower relationships.
The Technology and Construction Court (TCC) has delivered a significant judgment in Michael J Lonsdale (Electrical) Ltd v Bresco Electrical Services Ltd (in Liquidation)  EWHC 2043 (TCC) where the company seeking to refer a dispute to adjudication was in liquidation. The substance of the dispute related to the contractor’s claim for payment allegedly due for […]
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White & Case‘s net profit in London shot up nearly 40 per cent over 2017, according to the firm’s LLP accounts for the last financial year. The US firm revealed a strong year for the firm in London, as well as its Johannesburg office, which is also covered in the figures. Year-end figures for 2017 […]
National Grid’s UK general counsel Rachael Davidson has swapped her role for another within the company, taking on a new position in the group’s non-core business unit. Davidson has become general counsel for National Grid Ventures, which operates in competitive markets outside of National Grid’s core regulated activities in the UK and US. Her role […]
Allen & Overy (A&O) has secured a money-saving rent deal for its Belfast outpost, following the sale of the office for over £15m earlier this week. From March 2021, A&O will pay £19.50 per sq ft for the Grade A office development in the ObelComplex along Belfast’s waterfront, spanning seven floors. The rate is 13 per […]
Clifford Chance corporate finance partner Alex Erasmus is to join a blockchain software company later this year as its new chief legal officer. London-based Erasmus will join the executive committee of Block.one in Hong Kong. Block.one is the software publisher behind open-source blockchain protocol EOSIO, which was launched in June 2018 and provides secure and […]
The Serious Fraud Office (SFO) has withdrawn the arrest warrant it had issued against the chief executive of the Eurasian Resources Group, in the latest development to the agency’s long-running investigation into its subsidiary company ENRC. Last month, the SFO announced that ERG’s CEO Benedikt Sobotka was wanted for alleged refusal to comply to an […]