If the transient bout of economic recession is kept aside, yester years witnessed huge growth in the financial sector of the UAE. This inspired a big chunk of expatriate population to relocate to the UAE both for employment and investment.
The Mortgage Rescue Scheme is a government initiative, which is run by local housing authorities, designed to prevent some of the most vulnerable families losing their homes.
PRIVATE UNDERTAKINGS THAT ENGAGE in commercial transactions with public authorities located in the EU should be more aware of the risk of unlawful state aid.
In Tercon Construction Ltd. v. British Columbia (Ministry of Transportation and Highways), 2010 SCC 4, the Supreme Court of Canada provided an analytical framework for the interpretation of a clause excluding liability in the context of a request for proposals, giving owners cause to carefully consider the drafting of RFP, tender or other procurement documents in the future.
The basic principle of trust in land register data for real estate located in Croatia will apply to former state owned (nationalised) property acquired from 1 January 2010.
On 26 February 2010 the Supreme Court of Queensland handed down a decision which illustrates the importance of carefully drafting special conditions in property contracts.
For some years, the Office of Fair Trading has been threatening a re-write and submissions have been called from stakeholders on a number of occasions. Finally the Office of Fair Trading has now issued a re-write consultation paper.