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Significant judgment by Dubai Court orders payment of damages in cryptocurrency instead of fiat currency

United Arab Emirates - October 19 2022 In a dispute over investment in Dash cryptocurrency, one of the more well-known and established altcoin cryptocurrencies, the Dubai Primary Court…

Mahmoud Abuwasel

UAE Appeals Court invalidates cryptocurrency agreement and defines Ponzi scheme in ‘OneCoin’ transaction dispute

United Arab Emirates - October 18 2022 In a rare judgment, the Appeals Court of Ras Al-Khaimah (UAE) applies the elements of contract formation of the Federal Civil Transactions Law to…

Mahmoud Abuwasel

Lebanon Pushes for Activation of Medical Cannabis Law

Lebanon - November 4 2021 On 20 April 2020, the Lebanese Parliament passed a law permitting the cultivation, trade, research, and use of medical cannabis. As a result of…

ADGM Arbitration Centre Introduces Protocol for Remote Hearings

United Arab Emirates - June 14 2021 The days of the COVID-19 pandemic are gradually becoming a thing of the past and it comes as a sign of glee for companies around the world; but if…

Entering the Lebanese Cannabis Market Extra-Jurisdictionally

Lebanon - February 10 2021 On 20 April 2020, the Lebanese Parliament passed a law permitting the cultivation, trade, research, and use of medical cannabis (the "Lebanese…