“Valeria Lysenko, whose ‘advice is always well considered and comprehensive’.”
Valeria Lysenko is ‘one of the finest minds in the UAE’.
The Banking & Finance team comments on the availability of registration of security interests under the landmark UAE Federal Law No 20 of 2016 on the mortgage of movable property.
Until recently, UAE law has not been particularly clear on the extent to which a valid security interest can be created, perfected and enforced over moveables, whether existing or future. The position has radically changed with Federal Law No. 20 of 2016 regarding the Pledge of Moveables as Security for a Debt that came into effect on 15 March 2017 and the enactment of related secondary legislation. In this article, Valeria Lysenko provides a legislative commentary on this important Federal Law.
In this article Alan Rodgers summarise the concept of netting and review the UAE’s new netting legislation.
Partner, Valeria Lysenko in Banking & Finance considers the new federal procurement and warehouse regulations and what they mean for companies in the UAE.
The much awaited new commercial companies law (CCL) is widely expected to enable the grant of registered pledges over shares (or quotas) in limited liability companies. The effect of the possible legislative development and its potential to aid financing transactions may need to be carefully considered.
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