IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Malick F. M’bai of Fajara Chambers. Malick has joined IR as our exclusive Commercial Law Member in Gambia. Malick F. M’bai was called to the Bar of England and Wales in 2006 and is a member of the Inner Temple. He was […]
This is an immense pleasure to announce that the Middle East Alliance Legal Consultancy (MEALC) has been chosen by acquisition international as: The leading Middle East legal consultancy of the year 2021 Acquisition International was launched in 2010, and has, evolved into a business title on which professionals rely to bring them the business knowledge, […]
The Department of Economic Development Dubai has revealed a list of registered commercial and industrial activities that are now open to partial or full foreign ownership in the emirate. The Department’s decision on foreign ownership of commercial activities comes in line with the Federal Decree-Law No. (26) of 2020 amending the provisions of Federal Law […]
The Bundeskartellamt – Germany’s Federal Cartel Office – has imposed fines totaling around 6 million euros on two foundries for entering into anticompetitive agreements regarding prices and discounts. The foundries in question manufacture manhole covers and other casting products for street sewers. In addition to colluding on prices and discounts, they also agreed to divide […]
In a judgment from January 14, 2021, the Bundesgerichtshof (BGH) – Germany’s Federal Supreme Court – overruled its own legal precedent on the forfeiture of trademarks (Az.: I ZR 40/20) in finding that failure to make use of a trademark means forfeiting trademark protection. According to Section 49 of the German Trademark Act (Markengesetz, MarkenG), […]
The dispute between the European Commission (“the Commission”) and AstraZeneca (“AZ”) rumbles on following the Commission’s decision to commence legal action against AZ for alleged breaches of the COVID-19 vaccine supply contract. Commission spokesperson, Stefan De Keersmaeker, confirmed it was the Commission’s view that “the terms of the contract, or some terms of the contract, […]
In a judgment from April 1, 2021, the Kammergericht (KG) Berlin – the Berlin Court of Appeal – ruled that commercial rent can be lowered by 50 percent in response to a closure related to COVID-19 (Az.: 8 U 1099/20). Businesses have been forced to either partially or completely close their doors in order to […]
The Abu Dhabi Department of Economic Development has revealed a list of 1,105 registered commercial and industrial activities that are now open to partial or full foreign ownership in the emirate. The Department’s decision on foreign ownership of commercial activities comes in line with the Federal Decree-Law No. (26) of 2020 amending the provisions of […]
Signing Ceremony of the Friendship Agreement between the NYSBA International Section and the OBA and symposium commemorating the signing of the friendship agreement. “How did and will the judiciary overcome the Covid-19 crisis?” -The role of IT in the civil judicial system during emergencies- Read more here
Foreword by Andrew Chilvers The Middle East and North Africa (MENA) region is a hugely diverse cultural and geographical mix that stretches from Morocco in northwest Africa to Iran in Southwest Asia. The region is home to a range of economies with vastly different levels of openness to international trade and investment. But with the […]
Waiting too long to move into the inherited family home may render it impossible to claim tax exemption. That was the verdict of the Finanzgericht (FG) Düsseldorf – the Fiscal Court of Düsseldorf – in a ruling from March 10, 2021 (Az. 4 K 2245/19 Erb). According to Section 13(1) No. 4 c) of the […]
In this May edition, our Legal Insight confers the general overview on the newly introduced business licensing regime, risk-based approach. This new regime is stipulated under Government Regulation (“GR”) No. 5 of 2021 on the Implementation of Risk-Based Business Licensing (“GR 5/2021”) that revokes the previously existing legal framework of GR No. 24 of 2018 […]
