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Legal Updates - Page- 47

18 Feb 2021

COVID-19 Measures in Dubai and Abu Dhabi

COVID-19 Measures in Dubai and Abu Dhabi The Dubai Supreme Committee on Crisis and Disaster Management (the Dubai Committee) and the Abu Dhabi Emergency Crisis and Disasters Committee for the COVID-19 Pandemic have adopted new steps to curtail the' second wave' of COVID-19 incidents (the Abu Dhabi Committee). The Dubai…

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17 Feb 2021

United Kingdom- High Court sets precedent on ‘value’ in post-bankruptcy petition payments

United Kingdom- High Court sets precedent on ‘value’ in post-bankruptcy petition payments An appeal submitted by a trustee in bankruptcy, alleging that transfers made by the bankrupt to corporations after the presentation of a bankruptcy petition is void, was rejected by the High Court. The court found that the funds…

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16 Feb 2021

Latest Executive Rules on Competition Law from Oman

Latest Executive Rules on Competition Law from Oman Ministerial Resolution Number 18 of 2021, the executive regulations of the Law on the Protection of Competition and Prevention of Monopoly ('Regulations'), supplementing Royal Decree Number 67 of 2014 ('Competition Law'), has been issued by the Oman Ministry of Commerce, Industry and…

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15 Feb 2021

Expatriate UAE Residents’ procedures regarding Wills

Expatriate UAE Residents’ procedures regarding Wills: Expats will be delighted to hear that the allocation of the estate of an individual will now take place according to the rules of the country of which the individual is a resident, rather than the application of UAE law (which codifies Islamic Sharia principles…

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14 Feb 2021

Banks called to adopt the 'model litigant values' used in Australia

Banks called to adopt the 'model litigant values' used in Australia The All-Party Parliamentary Group (APPG), in its disagreements regarding Fair Business Banking with the consumers, urges banks to follow "model litigant principles." The APPG said that the implementation of "fair, honest and mandatory" standards that impose good faith would be…

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10 Feb 2021

Mexico - Electric Industry Law

Mexico - Electric Industry Law On 29 January 2021, the President of Mexico sent a Bill to the Chamber of Representatives on preferential processing ('Bill') to change the Law on Electrical Industry ('LIE') with its acronym in Spanish. The Bill seeks to amend the LIE to cancel the energy policy…

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