The Fine(d) Blend of Bitcoins and Multi-Level Marketing (MLM) – STA Law Firm

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http://bit.ly/bitcoins-mlm-lawyers-dubaiThe Fine(d) Blend of Bitcoins and MLM

 

Let’s keep it simple! Cadberry sells chocolates to its distributors worldwide by a distribution contract signed between Cadberry and its agents. In turn, distributors fulfill their payment obligations by transferring ‘money’ to Cadberry. Now, let’s make it complicated! ‘So very soon?’ one might ask. Yes, that is what the article demands! Cadberry makes fundamental changes to its business by deciding to allocate zero revenues towards advertising and marketing..continue reading 

Patent Registration in the UAE – STA Law Firm

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Preventing others from unjustly, and without a warrant, commercializing that which you have poured your blood, sweat, and tears into, is one of the functions patents serve to protect innovators from and thereby to open doors to endless opportunities. Patents are one of the various mechanisms by which corporations or individuals may use to protect their efforts from personal or commercial exploitation.

Continue Reading more on how to protect ‘patents in UAE’, registration of patents in Dubai and UAE, legal requirements, procedures for filing a patent in UAE, rejection and several other aspects from STA’s team of lawyers in Dubai and UAE

Asset Securitization in the UAE (Part II) – STA Law Firm

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Asset Securitization in the UAE (Part II)

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The securitization market in the United Arab Emirates (the UAE) is at a nascent stage. Hence there is no proper law from which securitization could derive its regulatory framework. However, since its emergence as a leading financial center, the Dubai International Financial Centre (the DIFC) has been a robust platform for undertaking asset securitization in the country.

 

Additionally, with the emergence of the Abu Dhabi Global Markets (the ADGM) in the Emirate of Abu Dhabi, there is a further scope for infrastructural development in the country which may make securtization a viable source of financing. Continue reading further to understand regulatory framework, law on mortgage, Sukuk Al Ijara, Share pledge, and more

INDIA UAE Extradition Treaty – STA Law Firm

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Under the International Law, there is no obligation for one country to surrender a criminal to another. That said, countries have entered into treaties to help bring to book the fugitives who flee abroad. Importantly, extradition treaty allows either of the signatory countries to the agreement to handover to the other – the accused who has committed an offense in that other country. Read more on conditions for extradition (including extradition to UAE, extradition from UAE, and extradition from India pursuant to the treaty provisions), other factors for signing a treaty, transfer of sentenced prisoners’ agreement and more.

Enforcing Foreign Judgments in the United Arab Emirates (UAE) – STA Law Firm

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Enforcing a foreign judgment may conflict with the principle of state sovereignty; however, the fact that we live today in such a globalized world has reinforced the world to agree on principle of reciprocity in that matter, which means that states will and would grant others recognition of judicial decisions only if, and to the extent that, their own decisions would be recognized. In response to this growing importance, the number of bilateral and multilateral treaties has grown quickly – http://bit.ly/enforcing-foreign-judgments-uae

 

In this two-part article, STA’s litigation lawyers in Dubai and UAE discuss the legal provisions within the legal framework of the UAE and the co-operation agreements that affect the enforcement of foreign judgments.

US Sanctions-an Overview – STA Law Firm

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In 2005, the UN Security Council imposed the first sanctions on Iran which followed a series of sanction against the nation. With the historic July 2015 accord between the P5 + 1 at Vienna and Resolution Number 2231 passed by the United Nations Security Council for suspension and ultimately uplifting of the sanctions against Iran in accordance with the Joint Comprehensive Plan of Action (the JCPOA) – the global pundits now anticipate a sooner ‘implementation day’ which would lead to relaxation of major embargoes or trade sanctions against Iran notably the fourth largest oil reserve which currently witnesses a crippled economy due to trade restrictions. Continue reading more on United States sanctions.

تسجيل العلامات التجارية في الإمارات و دول مجلس التعاون-

تسجيل العلامات التجارية في الإمارات و دول مجلس التعاون-

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تسجيل العلامات التجارية في الإمارات و دول مجلس التعاون- نظرة شاملة عن تشريعات العلامات التجارية، التصنيفات، المستندات اللازمة، إجراءات تسجيل العلامة التجارية في الإمارات و دول مجلس التعاون الخليجي ، قامت سلطنة عمان بالتوقيع على أكبر عدد من المعاهدات بالمقارنة مع غيرها من دول مجلس التعاون الخليجي مرفق الدليل تحت بند http://bit.ly/trademarks-uae-gcc المنشورات في الموقع الالكتروني بصيغة بي دي إف.

ADCCAC – The Abu Dhabi Commercial Conciliation & Arbitration Center – STA Law Firm 

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Evolution has created several ways of defying the unsettling consequences of disputes. In the animal kingdom, where survival is dependent on mutual respect, harmony, and assistance, there is a need to maintain beneficial relationships. For example, chimps kiss and embrace after fights. As we have evolved, so have our dispute resolution methods. Arbitration is a significant development in the way trade disputes gets settled between two parties. In this article, we will discuss the evolution of the Abu Dhabi Commercial Conciliation and Arbitration Centre (the ADCCAC) and its policies and procedures and broadly clarify the law governing arbitration in Abu Dhabi.

We must take note that parties that are desirous of employing ‘arbitration’ as a preferred choice of dispute resolution mechanism must incorporate a model clause into their contracts and agreements. This arbitration clause must categorically set out that in the event of any dispute(s) that is a result of the execution, interpretation or termination of the contract, the parties will attempt to resolve the difference or dispute in agreement with the Rules of the ADCCAC.

Commercial Agency Law in Kuwait – STA Law Firm

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Without a local guide, your enemy employs the land as a weapon against you.”

Little did the great Chinese Military General, Sun Tzu, know that his guidance on how to wage war could draw similarities in the today’s commerce and trade economy. Agency Law establishes the framework which covers the relationship between a principal and agent. The principal is desirous of establishing a foothold in a new market and hence requires assistance in maneuvering his way forward with the local rules and regulations. Establishing this presence is where the agent comes into the picture. The primary obligation of the agent is to augment the business opportunities for the benefit of principal. Further, an agency is primarily set up by the principal with the intent to tap into a foreign market without having to establish a physical presence in the country. Continue reading more on Commercial Agency Law in Kuwait.

UAE Succession Law : FAQs on Wills and More! – STA Law Firm

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https://www.stalawfirm.com/en/blogs/view/uae-succession-law-faqs.html

 

Inheritance Planning is a term used for planning the distribution of your worldly possessions after you leave this life behind.. When a person passes away without leaving a will or dies “intestate” as legally mentioned, the property of the deceased is allocated and distributed according to the law of the land on personal affairs. In other words, if you do not have a will, you do not have a documented account regulating the distribution of your estate.

 

An “Estate” applies not just to your real-estate, but anything of value like money, bank accounts, cars, furniture, books, bonds, investments, jewelry, family inheritances, etc. Your “Last Will & Testament” is a document that details precisely what you would like to do with your estate in the event of your death. The Will-document can cover all aspects of your life, from physical assets such as property, investments or cash to your last wishes.