Vanessa Abernethy

Unlocking Business Potential with Externalized General Counsel In today’s dynamic market, having a strategic legal partner is crucial. Externalized general counsel offers game-changing advantages for businesses in the UAE and beyond: - Cost Efficiency: Reduce overheads and scale legal support as needed. - Tailored Expertise: Access specialized legal knowledge without hiring multiple in-house experts. - Flexibility and Scalability: Adapt swiftly to business changes and growth stages. - Global Insight: Navigate international regulations and cultural nuances effectively. - Compliance and Risk Management: Stay ahead of regulatory changes and mitigate risks proactively. Externalized general counsel is more than just legal support—it's a strategic advantage. Connect with me to learn how this model can elevate your business. Let’s discuss how we can tailor this solution to meet your specific needs. www.dumon-partners.com

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The UAE has emerged as an attractive destination for private wealth clients and advisors due to its favorable policies and initiatives. The country has overhauled its entry and residence system, offering new visa options and incentives to increase its appeal as a place to live, work, and invest. Estimates suggest the UAE will attract a net inflow of 4,000 millionaires this year, as hedge funds, property managers, and crypto firms relocate to Dubai, drawn by its excellent infrastructure, low taxes, and light regulation. I fully agree. We can expect a brain drain of high-IQ, and high-wealth individuals from Europe. Read more here: https://lnkd.in/dXhmcgCb #AI #tech #law #wolftheiss

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Navigating Distribution Agreements: Key Considerations for Business Success in the GCC In today's interconnected global marketplace, distribution agreements play a crucial role in expanding business reach and penetrating new markets both for local and international companies. So legally speaking, what is a distribution agreement? and what terms should any agreement have to act as one? A distribution agreement is a binding contract between a supplier of goods or manufacturer and a distributor. The agreement usually outlines the terms under which the distributor will sell and market the supplier's products in a specific territory. In the GCC context, these agreements are often the gateway for foreign companies to enter the GCC market by leveraging local distributors' knowledge and networks they have in the local markets. Any distribution agreement shall contain the key elements or key terms, such as the territorial exclusivity of the distribution through setting the territory of the distribution process, the specification of the products that are included in the distribution process, the performance metrics, the pricing strategy, the IP rights, such as patents and trademarks, term and termination,the financials, and dispute resolution mechanism. Distribution agreements provide a structured way for foreign companies to enter GCC markets through the use of local expertise of the distributors who usually offer valuable local market knowledge and connections and deep understanding of local laws and regulations that helps navigate the complexities with ease. Distribution agreements are more than just legal documents they are strategic partnerships that can significantly impact business success in the GCC. By carefully considering the key components, understanding local nuances, and following best practices, companies can leverage these agreements to effectively expand their reach in this dynamic and growing market. As the GCC continues to diversify its economies and open up to global trade, mastering the art of distribution agreements will become increasingly crucial for businesses looking to thrive in this region.

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Happy to share our quick, practical guide on litigation funding in the UAE. It is on the rise, but relative to other regions, there is still a lack of awareness of its benefits and how to obtain it. Thanks to co-author Arthur Dedels at ADG Legal https://lnkd.in/daqR_89k #litigation #litigationfunding #arbitration  

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You can read my latest thoughts on #PrivateWealth and the #UAE via Passle below: https://lnkd.in/edGvcpyk

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Private credit certainly seems to be a hot topic in financial markets. This alternative form of credit has gained momentum in the Middle East, particularly in the wake of regulatory changes for traditional lenders and shifts in the global financial environment. Join David Beckett, Karim Labban, CFA , Mark Menon and myself next week as we discuss the current role of Private Credit in the Middle East, and what the future might hold for the region. #Reorg #PrivateCredit #MiddleEast

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We live in unprecedented turbulent times with much political volatility, the impact of which can be clearly evidenced by the statistics detailed in Henley & Partners - The Firm of Global Citizens® Private Wealth Migration Report 2024. The #UAE remains a popular choice for many of the wealthy seeking a stable, peaceful and qualitative life, with plentiful cross border business opportunities. To understand why the UAE continues to attract significant talent and wealth, read the full report below ... #privatewealth, #familyoffices, #DIFC, #wealthmanagement, #investmentmigration #Dubai, #UAE, #familybusiness, #privateclient, #crossborderestates, #tax, #succession, #privatebanks, #trusts, #foundations

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New Era of Estate Planning for Digital Assets: DIFC Courts Launch Innovative Digital Assets Will Exciting news for expats in Dubai! The DIFC Courts recently unveiled a suite of digital public services at GITEX Global 2024, including the groundbreaking Digital Assets Will. This innovative service streamlines estate planning for those holding digital assets like cryptocurrencies and NFTs. The Digital Assets Wills, offers full control, in that individuals can manage and distribute digital assets (ETH, BTC, MATIC, USDC, USDT, HBAR) through a secure, non-custodial DIFC Courts wallet. In addition, the platform will soon support popular NFT standards like ERC 721, ERC 115, Ordinals, and HTS (Hedera Token Service). If you're looking to leverage the Digital Assets Will and navigate the complexities of digital asset estate planning, please feel free to connect with me or my colleagues: Nima M. Moshggoo, Esq. ([email protected]) Sabeeha Moolla ([email protected]) Al Tamimi & Company #DIFC #DigitalAssets #EstatePlanning #Innovation #TeamTamimi #Corporate - Al Tamimi & Company - MENA GITEX GLOBAL Largest Tech & Startup Show in the World

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In great company with Naief Yahia Willem Steenkamp and El Ameir Noor. Thank you to our clients for attending this event where we covered practical and real life scenarios for commercial agencies from contract negotiations to disputes with a nod on the intersection with competition law. We will be back with more sessions as the debate is ongoing and precedents being shaped as we speak. Stay tuned… #UAEcommercialagencieslaw #contracts #disputes #competition #antitrust Al Tamimi & Company Competition - Al Tamimi & Company Al Tamimi & Company - Dispute Resolution

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I am proud and honored that King & Spalding has received this recognition from independent legal industry rankings firm Chambers and Partners. Congratulations to our global Fintech team, including leaders Dan Kahan, Dara Kurlancheek, Andrew Michaelson and Macky O'Sullivan, and to my fellow leaders of the firm's Technology Industry Group, Darren Gardner, Steve Baskin and Buster Kevin #fintech #financialtechnology #technologylaw #techlaw #technologyindustry

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#5 of 7 Remedies available in local courts on enforcement orders and judgements of the DIFC Courts This paper comprehensively examines the remedies available in the UAE Courts on enforcement orders and judgments of the DIFC Courts. In particular, it discusses the judicial co-operation between the DIFC Courts and the Dubai Courts, and its ever-evolving nature and ease with which the conduit jurisdiction of the DIFC Courts can be used to execute judgments and orders before onshore courts in Dubai. Apart from delving into the procedure for enforcement and the pro-execution stance adopted by the Dubai Courts, this paper also deals with the mechanism for enforcement of judgments and order of the DIFC Courts in other Emirates. This paper is the fifth of a seven-part series on DIFC litigation and global enforcement & recovery, in the run up to the Dubai Arbitration Week 2024. To find out more, please register for the panel discussion on the litigation framework in the DIFC and its implications for global enforcement and recovery strategies on 11 November 2024, the opening day of the Dubai Arbitration Week 2024. https://lnkd.in/diWWTQCC #Experttalk Singularity Legal

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In the dynamic realm of social media, influencers have become pivotal in shaping public opinion and promoting products or services. Recognizing this influence, the Abu Dhabi Department of Economic Development (ADDED) has implemented regulations requiring social media influencers to obtain a license to engage in advertising services. Our legal services are meticulously designed to navigate the intricacies of these new regulations. We offer assistance in drafting and negotiating contracts for social media influencers and advising companies on engaging with licensed influencers. Our expertise includes contract drafting, negotiation, legal compliance, risk management, and legal consultancy. We are committed to providing knowledgeable legal partners to navigate this evolving landscape with confidence and expertise. #Contracts #Contractreview #Contracractnegotiation #VATImplications #UAELaw #UAEInfluencerLaw #ContentDisclousure #ADTransparency #InflencencerRegulations #SocialMediaCompliance #DigitalMarketingRegulations

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The 4th IPO for the Capital Markets team of IN'P. A heartfelt thank you to our Capital Markets Team at IN’P IBRAHIM .N. PARTNERS who went above and beyond to make this possible. Your commitment to delivering and unwavering determination is what drives our success. You have truly set a new benchmark in excellence. Here's to many more milestones and achievements in Q4 2024 ! #ADX #abudhabi #UAE #gcc #food #catering #cleaning #support #services #manpower #supply #staff #joint #venture #jointventure #KSA #IPO #capital #markets #capitalmarkets #equitycapitalmarkets #offering #equity #equityoffering #MENA #region

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In a landmark judgment, the Abu Dhabi court has ruled that the abolishment of the DIFC-LCIA arbitration centre does not render arbitration agreements referring to the defunct centre unenforceable. The judgment arguably goes beyond the issue of the DIFC-LCIA, and demonstrates the Abu Dhabi courts’ evolving, arbitration-friendly stance, reinforcing arbitration as the prevailing norm for resolving commercial disputes in the region. With thanks to my colleagues James Willn, Ranna Musa رنه موسى and Matthew Harley, please read our alert below and let us know any comments. #Arbitration #UAE #LegalUpdate #CommercialDisputes #DIFC-LCIA.

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Uncover the latest legal insights at our #TamimiTrends webinar. Join us on 28 October 2024 at [13:00 - 14:00 UAE time] to learn about the latest legal developments affecting businesses across the region. Register here: https://lnkd.in/dieGeihe Our Q4 webinar is packed with insightful updates and expert analysis. This engaging discussion should not be missed! #TamimiTrends #TeamTamimi #CorporateUpdates #Q4 (Meet the Panel: Noff Al-khafaji, Layla AlAlawi. Yara Frotan, Joyce Abi Abboud, Somaia Bugis)

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Glad to have been part of this … #dubai #taxi #corporation #ipo #landmark #journey #dfm #uae #award #middle #east #middleeast #loan #bonds #sukuk #equity #capital #markets #equitycapitalmarkets #offering #capital #privatization

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My latest article.

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💼 Merger & Acquisition in UAE: Trends, Challenges, and Opportunities 💼 As the UAE continues to be a global business hub, the M&A landscape is evolving rapidly, presenting both challenges and opportunities for businesses. 🔹 Current Trends: 💠 Increased Cross-Border Deals: The UAE’s strategic location and robust legal framework are attracting international companies to explore cross-border M&As, especially in sectors like technology, real estate, and retail. 💠 Focus on Diversification: Companies are increasingly pursuing M&As to diversify their portfolios and mitigate risks, particularly in the face of global economic uncertainties. #MergersAndAcquisitions #UAE #BusinessTrends #CrossBorderDeals 🔹 Challenges: 💠 Regulatory Compliance: Navigating the complex regulatory environment in the UAE can be challenging, requiring careful due diligence and strategic planning. 💠 Valuation Discrepancies: Differences in valuation expectations between buyers and sellers often complicate deal negotiations. #BusinessChallenges #RegulatoryCompliance #DueDiligence #Valuation 🔹 Opportunities: 💠 Strategic Growth: M&As provide a pathway for companies to achieve rapid growth, access new markets, and acquire innovative technologies. 💠 Government Initiatives: The UAE government’s pro-business policies and free zones create an attractive environment for M&A activities. #BusinessOpportunities #StrategicGrowth #GovernmentSupport #FreeZones In 2024, M&A activities in the UAE are poised for growth, driven by both global and local dynamics. Understanding the landscape is key to leveraging the opportunities and overcoming the challenges. #UAEBusiness #CorporateLaw #MergersAndAcquisitions #BusinessStrategy

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