Dubai's Union Properties gets stay on land auction related to its subsidiary Thermo llc
Auction initiated by UAE bank after Union Properties' subsidiary missed payment
Source: gulfnews.com
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The UAE Introduces the Concept of a New Single-Tier Court | K&L Gates LLP
Pursuant to Article (30) bis (2) of Federal Decree Law No. 15 of 2021 Amending Certain Provisions of the Civil Procedure Code (CPC) and Article 3 of Cabinet Resolution No. 75 of 2021...
Source: jdsupra.com
UAE New Single Tier Court
This Single-Tier Court will have jurisdiction to resolve certain civil, real estate, commercial and inheritance cases. Such cases shall be determined by a decision from the Minister of Justice or the President/Chairman of the local judicial authority.
Source: natlawreview.com
Dubai: Rent freeze for three years – what is the new proposed law?
Dubai: If you are a Dubai-based tenant or landlord, a new law which was proposed earlier this year is expected to benefit you, one way or another. In January 2021, the Dubai Land Department announced that a new rent law was being proposed which would benefit both the landlord and the tenant due to the provisions that were aimed at protecting the rights of both parties. According to Esraa Rhibani, Litigation associate at The Legal Group, the decree balances the rights of all parties, the tenant and the owner, and guarantees the rights of both the parties. Fixing the rental value in Dub...
Source: gulfnews.com