Over its 45-year history, Afridi & Angell brought an innovative approach to the legal industry by delivering services grounded in a passion for law, entrepreneurial vision, legal ingenuity and a culture of excellence. The firm quickly developed a reputation for dynamic client service, business acumen and legal expertise.
More About UsWhen TS Eliot wrote in 1922 that “April is the cruellest month” he likely never envisaged extreme weather of the proportions experienced in the UAE on the 16th of April 2024. What, then, of the parties to a contract? Ought they to have foreseen this and catered for it in the terms of their agreement?…
Early last week, the UAE experienced its most severe rainfall in the past 75 years. A large number of homes and business premises across the UAE suffered damage from the effects of the rain or floods, including the many motor vehicles that were stalled or otherwise impaired. Those who are covered by home insurance…
The Canadian federal budget was tabled on 16 April 2024. It included, among other things, a proposal to increase the capital gains inclusion rate for the first time since 2001, from one half to two thirds, with the increase coming into effect for dispositions (or deemed dispositions) occurring on or after 25 June 2024 (and…
On 2 April 2024, the DIFC Court of Appeal granted permission to appeal to determine whether the recent case of Sandra Holding [2023] DIFC CA 003 (6 September 2023) was wrongly decided. Permission was granted to appeal on the question of: “…whether the rulings of the Court of Appeal in Sandra Holding with respect…
Historically venture capital has not played a large role in financing markets in the United Arab Emirates (UAE), however this is changing rapidly. Venture capital and venture capital funds are increasingly becoming an integral part of the UAE’s corporate finance landscape. The importance of venture capital is expected to continue to grow in the coming…
Introduction Following the issuance of Consultation Paper 3 of 2023 and the consultation process that followed, on 2 October 2023 the Abu Dhabi Global Market (ADGM) enacted the DLT Foundations Regulations 2023 (the Regulations), aimed at providing a regulatory framework for the creation and operation of specialised foundations for distributed ledger technology (DLT) and…