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James Farn, Head of Banking & Finance at Hadef & Partners in Abu Dhabi recently contributed this article to the The Oath magazine where he discusses the key issues and trends affecting financial restructuring of Government-related entities (GRE’s) in the UAE.
Leading UAE law firm, Hadef & Partners’ partner Omar Al Heloo has been voted Young Lawyer of the Year by an audience of 570 legal peers at the third annual DIFC Court Users Committee Lawyers Gala Dinner in aid of the Courts’ Pro Bono Programme and Clinic. 
Competition is rife among certain businesses/sectors within the DIFC to the extent that poaching of staff is likely to become a big issue as the market continues to recover from the 2008 global financial crisis. The concerns facing businesses are not just the loss of talented staff and the investment (both time and money) made towards the development of those staff but also the fact that, when they leave, they take with them confidential information and “client connections”. Jamie Liddington (Senior Associate) considers the steps which employers ought to take to mitigate any potential harm and to protect their business in the event of staff defections to competitors. 
Senior Legal Consultant, Nick McGrenra from the Banking & Finance team discusses the legal considerations surrounding bailments and liens when securing storage payment claims under laws applicable in DIFC and what the potential rights and duties are of the respective parties. 
Hadef & Partners has an active role in the UAE Courts having a number of in-house Emirati advocates who guide clients throughout all stages of the court process. Throughout the year, we deal with many matters that ultimately provide outcomes with important legal principles. In this article Mohammed AQ Al Salti, Senior Legal Consultant & Tarik El-Bakri, Partner & Head of Commercial, Employment and IP practices in Abu Dhabi, discuss a recent judgment from the Abu Dhabi Court of Cassation regarding the validity of assignment of property among heirs.

In private equity transactions, an institutional investor will generally seek to acquire a stake in a target and retain the management team to continue to run the business. In the event that an owner manager subsequently resigns from the target, an institutional investor will often want to have the right to a call option over that owner manager’s shares, in favour of either the company or the institutional investor itself. This call option will need to be included in the shareholders agreement and also the articles of the target to be enforceable with respect to the target itself. It would generally be exercisable upon the termination of the owner manager’s employment. 

Leading UAE law firm Hadef & Partners has received 9 awards, more than any other UAE law firm, having won UAE Firm of the Year 2014 in 8 practice areas as well as Most Responsive Domestic Firm in the UAE 2014 in The Asian-MENA In-house Community’s 8th Annual Survey of In-House Counsel. 
Outsourcing of employment in the UAE is largely governed by the Ministry of Labour (MOL) regulations on “outsourcing” (Ministerial Order No. 1283 of 2010) (Order 1283). 
A team from leading UAE law firm, Hadef & Partners, has embarked on another trip to help support refugee camps in Jordan this Ramadan. This is something that is rapidly becoming a programme of continued support.
Last year, 2 of the firm’s employees decided to embark on a journey to two of the poorest refugee camps in Jordan and sought support from their families and the wider Hadef Family.  Such was the response to their charitable conviction that they raised AED 65,000 to help Palestinian and Syrian refugees.  These refugees were, and still are, in desperate need of food, medical supplies and education facilities. Our team was able to take supplies directly to planned recipients, whilst covering their own travel and subsistence costs personally. This year they are hoping to do more... 
Tim Watkins, Senior Legal Consultant in the corporate team at Hadef & Partners in Dubai discusses the traditions of business activity in the UAE during the summer months and what preparations and initiatives businesses could be doing to make the most of the quiet period.
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