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Explain the UAE laws governing company formation, financing, governance and bankruptcy.

Task

  1. A group of lawyers running a successful legal practice in the UK and want to set up a practice in the UAE (Dubai). In the UK they run their practice as a Limited Liability Partnership and want to know which would be the most appropriate form to follow when they start their firm in the UAE.

Giving reasons, write a report on the advise you would offer to these prospective lawyers.

Instructions:

  1. Your submission must be thorough; meaning, the submission reflects your understanding of the concept of comparative legal study and corporate laws – to be critically analyzed.
  2. Word limit is up to a minimum of 4000. The word limit is excluding the references, bibliography and title/cover pages.
  3. Use the research, referencing and writing conventions on research methodology (OSCOLA).
  4. The submission should have an introduction, main body and conclusion. Have a suitable title and sub-titles (if you feel necessary). All the aspects posed must be addressed in the essay, not as separate answers, but as a comprehensive whole.
  5. Include a cover-sheet while submitting the assignment.
  6. Ensure that your essay achieves the Course Learning Outcomes included in the table below.

Additional sources: You are required to use additional & suitable sources, cases and examples to support the arguments or reasoning that you adduce.

CLO # Course Learning Outcomes Description
CLO 1 Name the differences between the laws governing company formation nationally and internationally.
CLO 2 Explain the UAE laws governing company formation, financing, governance and bankruptcy.

 

CLO 3 Analyze the facts of a case and utilize appropriate technique to research law.

 

CLO 4 Evaluate appropriate legal assistance in setting up companies.

 

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