• March 28, 2019

    Mother’s Day

    Al Suwaidi & Company Celebrates Mother’s Day with Vida Grace Serrano, Mother & Legal Associate This Mother’s Day, Al Suwaidi & Company pays tribute to the working mother who dedicates her life to raising generations while managing to fulfill her mission as an active member of society through a career path she chooses and succeeds in with her legendary perseverance. We interviewed Vida Grace Serrano to tell us more about the challenges she faces as a working mother from her position as Legal Associate at Al Suwaidi & Company. Vida, tell us a bit about yourself. When did you first join Al Suwaidi & Company & how did your career path evolve? I joined Al Suwaidi & Company back in 2011 as a Lawyer Assistant. Having newly arrived in Dubai as I joined my husband, this position gave me the opportunity to learn about UAE laws. I immediately became part of a team where I was providing support to lawyers across a range of corporate, civil and labor cases among others. In 2012, I left for New York City to pursue my Master of Laws degree (LLM) with a Dean’s Merit Scholarship. In 2015, I returned to Al Suwaidi & Company, this time as an Associate. As a core member of the team handling legal matters for corporate clients, I acquired greater responsibilities by becoming more client-facing with my work. I was entrusted by the Firm to deal with its blue-chip clients. Now we would like to know more about you on a personal level. How many children do you have and how old are they? I have 3 kids, 2 boys, and 1 girl. They are 8, 5 and 2 years old. My boys are studying at the Dubai British School, while my daughter has already started early years schooling. My kids were born in different places, namely Manila, New York City and Dubai. This reflects the global journey that the family has taken to date, where Dubai has been the place we have called home the longest as a family. Being a mother is a full-time job. How difficult is it for you to balance between your career at the Firm and your role as a mother?  I have been fortunate to have found a home at Al Suwaidi & Company that has been very supportive of my dual role both as a mother and a lawyer. The Firm has given me the flexibility to accommodate family demands on time. I am fortunate to be able to attend parent-teacher conferences, meetings, and field childcare emergencies as needed. On a daily basis, the demands on my time at work and at home remain extensive and thus, it is necessary for me to operate efficiently ensuring things are done in due course whether at work or at home. Maintaining such a pace is not easy, but with supportive management and colleagues, everything is possible. How does your work at the Firm influence how you raise your children? As lawyers, it is important for us to uphold the highest degrees of integrity, trustworthiness, commitment, fairness and social mindedness. These same values […]

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  • Canceled Dubai real estate
    January 3, 2019

    Dubai liquidates Cancelled Real Estate Projects

    Dubai liquidates Cancelled Real Estate Projects By a decree issued last July 2013 by His Highness Sheikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, a special legal committee will be set up in order to liquidate canceled real estate projects in Dubai. The mission of the judicial committee is to settle disputes between property developers and investors over canceled projects. The committee will provide settlements, resolve grievances and address procedural issues in addition to the liquidation of projects that have been decisively canceled by the Real Estate Regulatory Agency (RERA) as per Law No. (13) of 2008 and its regulations. In order to carry out its duties, the committee is authorized to appoint experts and to seek the assistance of auditors to examine the financial status, cash transfers and deposits in escrow accounts. The money of investors will be refunded after selling the developers assets in the auction or by using the money available in the escrow accounts. Fahmy Hallag Head of Litigation Team at Al Suwaidi & Company commented “the committee will be more effective in protecting the investor’s rights. It will help parties save time and efforts by taking a comprehensive approach to the settlement and resolution of issues.  The committee will have access to resources such as purchasers list which will enable it to estimate the money available in the escrow accounts. In addition, the committee’s decisions will be final, not subject to appeal and will be carried out through all Dubai courts”. Having extensive real estate knowledge, we provide thorough advice underpinned by familiarity with the industry. We advise both commercial and residential tenants and landlords, purchasers, major contractors, and multinational developers. In addition, our lawyers frequently represent clients in the Real Estate Regulatory Agency (RERA), as well as arbitration tribunals and courts. Our team possesses both the flexibility and commitment needed to work closely with clients, consultants, contractors, and other professional advisors. “Our experienced lawyers are well informed and adept in handling a variety of issues that may arise.”

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  • January 3, 2019

    “Tanweer” The awaited Real Estate Investor Protection Law

    The Dubai Land Department (DLD) has circulated a new investor protection law which aims to protect the rights of property investors in Dubai. A move well welcomed by the emirates industry professionals and legal experts and expected to restore confidence in Dubai real estate sector. The coming law aims to improve the clarity and fairness of the contractual relationship between the developers and the buyers. Keys points are to be pointed out such as: Buyer’s rights for compensation in case of delivery of defective property or in case the developer fails to deliver the property on time. Contract cancelation conditions. Common areas management agreements. Obligation to communicate the Project advancement, date of completion. Service fees, common areas, and facilities. Contracts are written in both English and Arabic. Additionally, the draft aims to establish a fair transaction between developers and investors. In this spirit, it prevents investors from selling or marketing reserved properties and requires the registration of their purchase agreements with the Land Department. Mohammed Al Suwaidi, Managing Partner of Al Suwaidi & Company said: “Any initiative that aims to clarify the duties and obligations of the contracting parties is a welcome step forward sustaining the real estate sector growth”. “A clear and sophisticated contract can reduce the frequency of disputes pursued through the courts or referred to arbitration and doubtless guarantee the rights of both parties when engaging such resolution disputes”. He added.

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  • January 3, 2019

    Al Suwaidi & Company Seminar

    Top contractual Issues – The Practical and the Civil Code A complimentary seminar to be held at in the Conference Center on the ground floor of Emarat Atrium Building on Sheikh Zayed Road in Dubai on Wednesday 5 March 2014 at 9:00 am.  Introduction This seminar will address the practical methods of addressing key construction project issues and key construction contract terms. The presentations are educative, insightful and will provide real help in ensuring effective and profitable contracts. The speakers are an international lawyer practicing as a partner at Al Suwaidi & Company, a Legal 500 and Chambers ranked law firm, and a director from Blair Anderson, an award-winning construction consultancy, with more than 25 years of experience, and an enviable track record of major projects in the Middle East, Europe, and West Africa. Blair Anderson provides a full spectrum of cost management, project management, and dispute resolution consultancy services. Overview Practical advice and specific legal applications drawn from the speakers’ more than 25 years UAE and Gulf experience will be offered. The presentation will have a particular focus on common contractor and subcontractor issues and provide guidance on key provisions of the UAE Civil Code relevant to construction contracts. The seminar will cover: Claims notices Extensions of Time Variations Termination Suspension Payment Form of dispute resolution (arbitration and litigation) About the Speakers Faisal Ismail Director, Blair Anderson Faisal is a Director of Blair Anderson. He specializes in arbitration and dispute resolution services and has experience under many of the leading institutional arbitration rules (DIAC, ADCCAC, ICC, and UNCITRAL). Faisal is involved in a wide range of construction-related disputes and arbitration cases as an advocate, arbitrator, Expert Witness, and as litigation support specialist which involved providing support with the preparation of a statement of claims, defense documents, and counterclaims, witness statements, Expert Witnesses Support, and various other arbitration standard submissions and correspondence. Faisal is also experienced in the preparation of contractual claims including drafting of the statement of entitlement, review of contractual obligations, analytical review of programs and establishment of cause & effect to prove delay & disruption; and preparation of cost/quantum claims in relation to disruption, prolongation, and acceleration. Nigel Truscott Partner, Al Suwaidi & Company Nigel is a solicitor and practicing arbitrator, being registered with the DIAC and ICC. He has been described by the legal 500 Directory as providing ‘real help navigating the legal landscape of the UAE’ and the Chambers Legal Directory as having ‘a strong reputation for really knowing his stuff’. In Legal 500 2013, he is recommended, being described as “having a very supportive approach”. He is currently advising on two significant multi-million dollar facility projects located in the Dubai Marina. Chambers Global 2010 says: “Construction guru Nigel Truscott is an integral member of the disputes practice and one of the most active lawyers in the market” and “Nigel Truscott is a highly sought after construction specialist working on both contractual and contentious matters”. Chambers Global 2009 says: “This ‘highly competitive player’ has particular strength in contentious and transactional construction matters. The group frequently advises clients on some of the region’s most high-profile projects…Nigel Truscott enjoys a strong reputation for ‘really knowing his stuff’, having been based in the UAE […]

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