Legal Categories of Claims Debt and statutory debt The word “ Debt” is used to describe the amount owed by one person to another person , and also describe a legal category of claim. The cause of action is said to be “debt”. For example, a loan of money creates a debt. The lender who …
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New law will have a positive impact on both domestic and foreign businesses. Federal Arbitration Law The UAE has unveiled the long-anticipated new ‘Federal Arbitration Law’ that will go a long way to consolidating the country’s position as the most attractive hub for arbitration in the Middle East and North Africa region, legal experts said. …
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