Strategies To Safeguard Intellectual Property Rights In New Markets

In today’s competitive global marketplace, products and technologies are being developed at an extraordinary rate, resulting in numerous challenges to intellectual property (IP) protection in new markets. As a result, protection of IP assets has never been more important to businesses. It is therefore important to develop effective strategies to protect IP rights, not only […]

Cross-Border Child Custody Disputes On The Rise

Posted on Dec 11, 2012 in Emirates-U.S.A, UAE Law and Business

In the UAE, there are more than 200 nationalities of various ethnic backgrounds, many of whom live with their families in the country. As the expatriate population expands, marital and child custody disputes issues are on the rise in the UAE. Likewise, child abduction cases have also increased in the country. There are several instances […]

Abu Dhabi Takes Sole Ownership of US Chip Maker

Abu Dhabi’s Advanced Technology Investment (ATIC), a high-tech investment fund owned by Mubadala, has taken over full ownership of Silicon Valley computer chip maker Globalfoundries. Related articles Abu Dhabi takes full control of AMD former chipmaking unit (digitaltrends.com) AMD Sheds Its Stake in GlobalFoundries (tarpon.wordpress.com) Advanced Micro Devices gives full control of former manufacturing unit […]

US Targets Dubai Bank Over Iran Dealings

UAE. Dubai has benefited from tougher sanctions pushing more business its way. It has a sizeable Iranian expatriate population and hosts a fleet of traditional wooden dhows (boats) which transport goods across Gulf waters to Iranian ports every day. Source: Bi-ME Related articles Bank in Dubai Says It Cut Ties With Iranian Institutions (nytimes.com) Dubai […]

UAE Responds to Iran Banking Report

In response to a report in today’s Wall Street Journal that the U.S. Treasury officials had disrupted  a Dubai-based financing channel for Iran late last year, a UAE government official responded that the Noor Islamic Bank of Dubai was the only institution in the Emirates that had been targeted for dealings with Iran. The WSJ […]

DIAZ REUS PARTNER, ISRAEL REYES, REPRESENTS LANDMARK HOTEL OWNER IN SUIT AGAINST GERMAN BANK

In a case with international financial implications, Casa Casuarina LLC, owner of a landmark Miami Beach resort property once owned by designer Gianni Versace and known as the Versace mansion, is suing its mortgage holder German bank WestLB on multiple counts of alleged fraud. Hit by high levels of insolvency and with losses of more […]

UAE Looks to Boost Trade with U.S.

UAE Minister of  Foreign Trade Shaikha Lubna Al Qasimi used the occasion of talks with U.S. Under Secretary of State for Economic Business and Agricultural Affairs Robert Hormats to emphasize that the UAE would like to expand its trade relationship with the United States. The UAE is especially interested in looking at  the way that […]

UAE Pipeline Delayed

A pipeline which will allow oil from the Emirates to bypass the Straits of Hormuz will not be online for four months, according to the UAE’s oil minister, Mohamed al-Hamli. The delay is especially relevant now with Iranian threats to blockade the Straits. The facility, which will be able to handle 1,5m barrels per day, […]