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Dispute Resolution

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On 14 October 2020, the UAE Federal Supreme Court passed its judgment on an appeal filed by the UAE Federal Tax Authority (FTA) in relation to the Court of Appeal’s judgment concerning the imposition of penalties resulting from a voluntary disclosure. The case was handled by a UAE local law firm on behalf one of the UAE’s largest financial institutions. The Court of Appeal’s decision had followed the established position (since the beginning of 2019)…

Baker McKenzie launches a new and expanded edition of the Cross-Border Enforcement Center, a high-level comparative analysis of the enforcement of court judgments and arbitration awards across 44 jurisdictions, including the United Arab Emirates (UAE). At the height of a pandemic, companies around the world are bracing themselves for an increase in disputes, the first signs of which are already starting to emerge. These include disputes over contracts, property and payment defaults, amongst others. As…

The horrific explosion that recently took place at the port of the city of Beirut is a tragedy for its people. The possible causes of the explosion has brought to mind the cases of maritime fraud that many observers overlook. In recent years, the shipping and maritime trade industry has witnessed a sharp increase not only in the number of fraud cases but also in the diversity and sophistication of fraud. Fraudsters are becoming more…

In brief The Abu Dhabi Court of First Instance recently dismissed an appeal filed by the Federal Tax Authority (FTA) against fines and penalties imposed by the FTA against a UAE company, a Dubai based beverage distributor, in connection with excise taxes. Baker McKenzie Habib Al Mulla represented the company. The court also ordered that the FTA repay the full amount of the penalties to the company. The Tax Dispute Resolution Committee had previously ordered…

Leading global law firm Baker McKenzie is pleased to announce that 85 of our colleagues have been promoted to partner. Promotions take effect from 1 July. Across the Firm’s practice groups globally, Tax and Dispute Resolution saw the largest intake of new partners, with M&A also significantly adding to their numbers. In the Middle East, two noteworthy promotions were awarded to: Joanna Matthews-Taylor from the Employment and Compensation Practice and Mohamed El Khatib from the…