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Delaware Corporation

A Joint Venture typically involves the incorporation of a company to act as the JV vehicle. Recently we are seeing interest and curiosity from the UAE’s investment sector players in the structure of limited partnerships (akin to Delaware Corporation). ADGM is proving to be an invaluable platform for regional businesses who can now utilise a variety of vehicles. The vehicles have proven successful in other jurisdictions, and established legal principles govern incorporation and operations. Any JV model must cover the…

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Maritime Focus

FTA banned vessels from entering its waters as a backlash for shipowner’s repeated abandonment of the seafarers. The maritime industry faces The UAE Federal Transport Authority banned fourteen ships from entering its waters as a backlash for shipowner’s repeated abandonment of the seafarers. Abandonment seafarers is a deeply concerning issue in the maritime industry. It is a blatant abuse of human rights. Some crews are reported to have been deprived of their travel and identification documents, living with limited to…

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