The introduction of Federal Decree-Law No. (30) of 2024 (the “Law”), establishing a „Know Your Client“ (KYC) Digital Platform, enabling identity verification is an important step forward for the United Arab Emirates (UAE) whereby UAE has committed to tackle financial crimes in the country. Objectives The decree law aimsZobrazit více
Today the WLN Technology Law Focus Group shared valuable updates from our different jurisdictions in the world of technology law, particularly focusing on the rise in use of artificial intelligence platforms such as ChatGPT and DeepSeek. Our chair Diane Frank was joined by Renata Lewicka, Chris Erb, Jackie Wu, Randy Whitmeyer,Zobrazit více
When drafting purchase contracts, a contract draftsman must always deal with the desire of the contracting parties to draft contracts that are as tax-optimized as possible. In this context, it should be mentioned that in Austria, inventory is generally not covered by real estate transfer tax. Inventory refers toZobrazit více
On Tuesday 11th February the WLN Litigation & Arbitration Focus Group met to continue its work on a multi-jurisdictional comparison on bankruptcy proceedings. Many thanks to Gloria Vinyals for chairing the meeting and to Zhanar Kassymbekova, Aselina Tulegenova, Armin Haidacher, and Sebastiaan Meeuwens for sharing their expertise. We are delighted that ZhanarZobrazit více
The broker’s commission results from §§ 6ff MaklerG. In accordance with the statutory provisions, the commission claim arises with the legal validity of the brokered transaction. Without a legally valid brokerage contract, the broker is not entitled to commission. It should be noted that the brokerage contract is generallyZobrazit více