during the 2023 case (Judgment No. 6947 of 2023), the court docket was faced with an work dispute where by Component of the employee’s remuneration was supposed to be paid out in EcoWatt tokens. The courtroom acknowledged the inclusion of those tokens during the work agreement but finally refused see more to award the amount in EcoWatt tokens.
We value your curiosity in Curtis, Mallet-Prevost, Colt & Mosle LLP and any communications prompted by your viewing of our Web-site. it is crucial to us that you just realize that transmitting information to us by e-mail won't create any legal professional-consumer or private romance with us. An attorney-consumer marriage, and an obligation for the Firm to take care of your communications in self-confidence, can be established only after proper checks for prospective conflicts with current shoppers are carried out and an agreement of representation is arrived at.
The refusal was according to the employee’s failure to offer a clear method of calculating the worth of the copyright concerning its equal in fiat forex. The court docket’s reasoning reflected a far more standard look at, requiring exact and tangible evidence of economic obligations, especially when working with unconventional varieties of payment like electronic currencies.
This thorough guideline is made that may help you navigate the intricate landscape of family small business and personal prosperity in the center East, wherever family corporations represent about sixty% of GDP and make use of 80% of the workforce from the GCC, featuring unparalleled chances for prosperity development and preservation.
The settlement aims to resolve antitrust lawsuits concerning the NCAA's long-standing prohibitions on payments to athletes.
Amal Khamis Advocates and Legal Consultants is actually a renowned law firm in Dubai recognized for its proactive tactic. The law firm has become an essential Section of the legal fraternity of the UAE for more than 3 a long time.
Dubai has prolonged been recognized as the economic powerhouse of the Middle East, with many of the area’s massive-ticket deals made up of a global element coordinated by lawyers operating with the DIFC.
the business has not many places of work in the UAE. nevertheless, they have got a worldwide associate network in over 20 international locations.
about two hundred nationalities live and do the job in UAE. The UAE authorities has constantly focused on making a technique that embraces this diverse inhabitants.
The court docket’s determination in 2024 was depending on the basic principle that wages are a correct of the worker with the get the job done agreed upon. The court mentioned:
An NCAA spokesperson didn't straight away reply to requests for touch upon the charges. past month, the organisation said which the settlement made available a sustainable path to enhanced Gains for university student athletes.
This ruling marks an important change from the court’s approach, demonstrating a increased acceptance of copyright as a valid and enforceable implies of remuneration.
"Latham & Watkins contains a extensively acclaimed fintech observe in Dubai which functions for perfectly-established money establishments In combination with emergent e-commerce companies."
Our Place of work in Dubai provides guidance to neighborhood and international shoppers within the issues and prospects they deal with through the entire Center East and Indian subcontinent.