Our common experience in advising early stage businesses is there that there is often a level of informality and a lack of documentation. This is understandable as any differences of opinion are usually resolved amicably, due to the closeness of the relationship, or the small nature of the business. However, this lack of corporate governance can give rise to problems and disputes as the company develops and grows or as the original key people...

On Saturday (16 November 2019) two new Australian visa programs came into effect. These visa programs, subclasses 494 and 491, are intended to stimulate and support regional Australia by making it easier to migrate to Designated Regional Areas of Australia.

The UAE Insolvency Law No. 9 of 2019 (the “Law”) has been issued and published in the official gazette. The Law comes into force 3 months after publication, meaning it will become effective on 29 November 2019.

In a recent decision (hearing of 22 May 2019), the Dubai Court of Appeal applied the Federal Law No. 6 of 2018 Concerning Arbitration (the ‘Federal Arbitration Law’) in order to resolve a ‘conflicts of jurisdiction’ issue with respect to deciding which is the competent authority to rule on interim and conservatory measures in the event the parties to a dispute have a valid arbitration agreement.

The pharmaceutical industry is one of the largest and fastest-growing business segments in the world. Its importance and influence are expected to maintain growth; having reached a worth of $934.8 billion in 2017, the estimated global revenue is expected to be $1170 billion by 2021.

Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, declared the year 2019 as ‘The Year of Tolerance’. The Year of Tolerance emphasises tolerance as a universal concept and a sustainable institutional endeavor and expands the scope and opportunities for communication, respect, and openness amongst the diversity of cultures and nationalities in the UAE.

Morgan & Morgan advised Avianca Holdings, S.A., a company incorporated under the laws of the Republic of Panama (the “Company”), in launch and consummation of an exchange offer of the Company’s previously issued US$550,000,000 8.375% Senior Notes due 2020 for newly issued US$550,000,000 8.375% Senior Secured Notes Due 2020 (the “Exchange Notes”).

In line with Dubai's 'Fifty-year Charter', last month DHA issued the Standards for Telehealth Services ('Standard'). These Standards set out the minimum requirements for the provision of telehealth services, focused on ensuring high quality care delivery and ensuring protection of patient data and confidentiality.

In 2013, Virginia Ginni Rometty – CEO of IBM, said “I would like you to think of big data as the next natural resource that can be to our era what steam, electricity and oil were for the Industrial Age.”

On May 19, 2016, the concept of a “Bankruptcy,” as the legal term was defined, ceased to exist under Panamanian law. Law 12 of 2016 (the “Insolvency Law”) entered into force on that date and introduced new proceedings into our legal system. These proceedings are referred to as Reorganization and Liquidation.