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Pinsent Masons | United Arab Emirates | 27 Nov 2019

New DIFC insolvency and employment laws – what do they mean for employment relationships?

The Dubai International Financial Centre (DIFC) recently introduced new insolvency and employment laws. In an insolvency context, the key employment law change has been the review of the statutory end-of-service gratuity regime, which will be replaced with a defined contribution pension scheme. This article examines the DIFC insolvency regime in the context of employment relationships and......
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Freshfields Bruckhaus Deringer | United Arab Emirates | 18 May 2017

Judicial Committee renders first decisions under Decree 19

Decree 19/2016 established a judicial committee tasked with resolving conflicts of jurisdiction between the Dubai courts and the Dubai International Finance Centre (DIFC) courts. Just over six months after the issuance of Decree 19/2016, the committee rendered its first decisions, which have made it clear that an arbitral award rendered onshore in Dubai cannot be enforced in the DIFC courts......
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Freshfields Bruckhaus Deringer | United Arab Emirates | 9 Feb 2017

Amendments to Penal Code may affect arbitration

A recent unexpected change to the Penal Code which criminalises arbitrators' and experts' violations of their duties of integrity and impartiality has stunned the arbitration community. While steps are underway to lobby the UAE government to repeal or amend the new Article 257, it has cast a shadow over the significant efforts in recent years to promote the United Arab Emirates as a regional......
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