We do have our own lawyers and legal firms to take care of the legal issues of our clients with very low cost and on a concept of ‘no win, no fees’. You will experience a very different – friendly and responsible attitude from our lawyers, if you compare with others in the same field. Our areas of expertise and practice are as follows;

SPECIALIZED FIELDS

BANKRUPTCY / INSOLVENCY

Bankruptcy laws are for the people whose finances have already collapsed and to give a fresh start all over. Filing for bankruptcy is a legal process that either reduces, restructures or eliminates your debt.

CRIMINAL LAW

Licensed by the Cyprus Securities and Exchange Commission under licence number 138/11 in accordance with the Markets in Financial Instruments Directive.

CIVIL CASES

We are a proud member of the Investor Compensation Fund which acts as a guarantor of last resort for our investors. IFC covers the maximum amount of 20.000 EUR for MiFID clients.

ARBITRATION & MEDIATION

Investor’s money is kept in segregated accounts with top-tier banks that cannot be claimed by creditors or used by us. Account base currencies are available in EUR, GBP, USD, CHF and JPY.

COMMERCIAL CASES

Through the use of an automated transaction monitoring and risk management system, a Consulting WP client’s account will never be allowed to reach negative balance.

REAL ESTATE

Our Extreme Transparency Policy ensures that the client receives a transparent price feed, transparent liquidity, transparent historical data, transparent market information at all times.

INTERNET & IT LAW

The total value of all of the client’s open positions combined (net open position) may not surpass USD 825.000.000.

INSURANCE LAW

Our Extreme Transparency Policy ensures that the client receives a transparent price feed, transparent liquidity, transparent historical data, transparent market information at all times.

BANKING MATTERS & ISLAMIC FUNDING

The total value of all of the client’s open positions combined (net open position) may not surpass USD 825.000.000.

LABOR LAWS

Our Extreme Transparency Policy ensures that the client receives a transparent price feed, transparent liquidity, transparent historical data, transparent market information at all times.

WILLS AND ESTATES

The total value of all of the client’s open positions combined (net open position) may not surpass USD 825.000.000.

MARITIME LAWS

Our Extreme Transparency Policy ensures that the client receives a transparent price feed, transparent liquidity, transparent historical data, transparent market information at all times.

LAWS OF PROTECTION OF PROPRIETARY

Our Extreme Transparency Policy ensures that the client receives a transparent price feed, transparent liquidity, transparent historical data, transparent market information at all times.

RIGHTS, TRADEMARKS AND PATENTS

The total value of all of the client’s open positions combined (net open position) may not surpass USD 825.000.000.

COMMON PROBLEMS & SOLUTIONS

SETTLEMENT OF BANK LOANS/CREDIT CARD / SUPPLIER DEFAULT ISSUES

Worried that you wouldn’t be able to meet your financial obligations on time? Paying extraordinary charges in the form of Late payment penalties, over limit interest charges, etc.? Late payments continuing to pile on? unable to manage your debt?

Landing into a debt trap could be one of the most mentally and physically straining ordeals one could encounter and go through. It just not affects an individual personally but professionally as well. Calls and personal visits from debt collectors at your work place, all add to the stress.

Do you have a bad debt? Have you fallen into legal issues with your financial institution? Are you unable to negotiate or conclude at an amicable situation with your bank? Are you worrying that your bad debt will land you into further financial troubles?

SOLUTIONS

If you have too much debt, there are at least 4 credit solution strategies you can use to reduce or eliminate it: debt consolidation, debt settlement, bankruptcy and putting up a defense in legal way.

Each one of these can be a viable solution for getting out of debt, depending on the circumstances you’re in and the resources you have available.

Any one of these can get you out of debt when used properly, but each has very different effects on your wallet and your credit report:

  • Debt Settlement This is when you negotiate with bank or creditors to pay less than you owe a debt. Often, the settlement is a one-time payment or series of payments that requires months — sometimes, even years — to accumulate.
  • Debt Consolidation This process involves combining all debts and taking out one single loan to repay them. A single payment replaces multiple payments to multiple creditors. It’s possible the monthly payments and interest rate will go down, but it’s also probable the payoff will take longer and have an impact on your credit score.
  • Bankruptcy This is the last resort for someone who has met a severe and unexpected circumstance (such as job loss or medical bills) and is unable to pay outstanding debts. Bankruptcy allows you to wipe out all unsecured debt.
  • Legal solutions If you are really in such a drastic situation and not at all able to pay the card payment or loan payment, the best way is to defend it legally like ‘drastic situation call for drastic measures’. Our expert lawyers at Xtreme Solutions will help you out from these burdens but your credit history may show bad for quite some time.

FRAUD & BREACH OF TRUST CASES

Fraud is defined as taking or gaining from another, property, money, vouchers or anything of value by deception or lying or trickery which is supporting by verbal means or written documents, causing the victim to rely on the same to willingly handover or something of value from himself to the person committing the fraud.

The crime of fraud is obviously a serious fraud if committed against government property or object of value. This may result in a serious punishment such as imprisonment.

If a person, convicted of fraud who has served his sentence commits a crime again, he or she has to undergo investigation and surveillance for up to 2 years or up to the term of his previous imprisonment

Breach of trust can only take place if the crime’s object was a movable property, whether it was money or document. Breach of trust takes place when the accused embezzles or uses or wastes what delivered to him without a legal right.

In order for breach of trust to take place the accused must receive the possession of the object only in one of the following cases: As a lease or trust or usage or mortgage or proxy.
Unlike theft and fraud in order for breach of trust to take place the victim must suffer damages. In case a shareholder prevents the other shareholders from practicing their legal rights on their shares and takes those shares for his exclusive interest,  others can charge him for breach of trust.

SOLUTIONS

Both are sensitive issues, so that it needs a good head on shoulders to study it and defend in the right way and in right manner. We do have it and can guarantee you that we can pull you out from these issues/cases if any.

BANKRUPTCY REGISTRATIONS, PROCEEDINGS & APPROVALS

The new bankruptcy law in the UAE is a complete legal framework means to assist financially troubled companies to avoid collapse. It took effect on December 29, 2016 after being decreed by President Sheikh Khalifa. It is part of the global wave of insolvency reform refer to as the “rescue culture” and has received much cheer from local and international markets.

Businessmen will no more have to face arrest or legal prosecution for unpaid debts, nor do they have to flee the country – as many had done in the past- to avoid jail term following the implementation of the landmark UAE insolvency law.

What is ‘Bankruptcy’

Bankruptcy is a legal proceeding involving a person or business that is unable to repay outstanding debts. The bankruptcy process begins with a petition filed by the debtor, which is most common, or on behalf of creditors, which is less common. All of the debtor’s assets should measure and evaluate, and the assets may use to repay a portion of outstanding debt.

BREAKING DOWN ‘Bankruptcy’

Bankruptcy offers an individual or business a chance to start fresh by forgiving debts that simply cannot pay while offering creditors a chance to obtain some measure of repayment based on the individual’s or business’ assets available for liquidation. In theory, the ability to file for bankruptcy can benefit an overall economy by giving persons and businesses a second chance to gain access to consumer credit and by providing creditors with a measure of debt repayment. Upon the successful completion of bankruptcy proceedings, the debtor can get the debt obligations off incurred prior to filing for bankruptcy.

SOLUTIONS

1, We can help you to run your business, if you feel that you are going to be in trouble soon by providing new finance or pushing off your payments to one year or more. (Protective composition)

2, We can help you to run your business if your business is already in real trouble and can be retained with new finance or pushing off all the payments to another one to three years (Insolvency with Restructuring).

3, We can help you to wind up your business and save you from all liabilities by writing off all your debts, dues & liabilities (Insolvency with Liquidation).

4, Even if, your company is already closed years back too, we can still clear your liabilities and clear your records to perfect (Without any kind of case).

Don’t ever think, you can abscond and stay safe in your home country without paying your business loans because you may land in big trouble tomorrow or the other day from your home country itself. So better run your business or write off your liabilities in UAE itself with the help of bankruptcy procedures.

ACCIDENT & INSURANCE CASES

Once you involve, in a road traffic accident can leave you with anything from minor bruising to serious head or spinal injuries. If unfortunately, you do involve in a horrific road accident, which was not in any way your fault, then you may get a compensation claim for personal injury. In a situation where the accident occurred while traveling in a taxi, bus or train then you got every right to claim from an insurance company. But with respect to personal injury claims, there is always the problem of the claiming compensation amount.

 By virtue of Art 282, 283 and 284 of the Federal Law No. 5 regarding Civil Transactions of 1985, road accidents causing personal injury, will fall under tortuous liability and the damages calculate based entirely on the direct or indirect connection between the party that commits the act and injury party. The injured victim becomes entitled to all the damages and loss incurred as a result of the accident which may include any damages to clothing, property, psychological, and moral harm.

The amount of compensation varies from case to case and it depends on factors such as:

– The age of the injured party at the time of accident;

– The moral sufferings he/she faced;

– The victim’s income and the amount the victim spent on supporting his family;

– The amount he/she spent on the medical reports and treatment;

– The limit of harm inflicted to the aggrieved person;

Before awarding damages to the victim, the judge will take these above factors into consideration and the amount of payment is absolutely at the discretion of the judge. However, in order to claim compensation by a victim, a fault needs to establish. Tortious liability consists of three basic elements which include fault, damage, and a causal link. Events caused by itself is not enough to create legal liability. And proving a fault and damages existed will often hold to entail a presumption of causation link which may rebut upon the intervention of a foreign element. Another procedure of establishing causation is through ‘’but-for’’ test which inquires ‘But for the defendant’s act’’, would the harm have occurred’? It asks was it ‘necessary’ for the defendant’s act to have occurred for the harm to have occurred.

The presumption may rebut through the intervention of a foreign element, for example, a third party’s act, or a victim contribution. The concepts like negligence, duty of care and factual causation do not exist in the laws here. Nonetheless, they exist in principle and do enforce regularly by the courts. One has to go through the complex court proceedings so as to claim compensation—which of course is based solely at the court’s discretion.

SOLUTIONS

Our expert lawyers can take up your case from the scratch and get you the maximum claim amount from the insurance company in your pocket within short time

DELAYED PAYMENT OF INVOICES, NON-PAYMENT OF INVOICES & DISPUTED INVOICES

In relation to all three scenarios, it is important to look at the formal contract between the parties, as under UAE law, the agreement between the parties regulates their rights and obligations.

In the case of delayed payment, the contract may provide for a set period for payment and may include a penalty clause for late payment. Contracts should include such a clause (not exceeding the value of the invoice) as an incentive for timely payment. In cases of non-payment without cause, it is advisable to enter into an agreed written repayment plan, which would become a binding contract in its own right, and would mean that you would receive the outstanding amount in an agreed, structured manner.

If the debtor disputes that the sum is due, you should identify the reason for the dispute, and seek a negotiated settlement before considering alternative dispute resolution, such as mediation or arbitration, or litigation.

CHEQUE BOUNCE CASES
(CRIMINAL & CIVIL)

In UAE, the cheque bounce is a very frequent problem face by people during their span in the country. It is covering under the purview of a criminal offense in the UAE, and legal implications/penalties can be financially severe and daunting. Bounced cheque issues may arise in a variety of commercial transactions, including but not limited to, companies’ exchanges, bank loans, property rents or purchases and individual transactions. Cheques gives against bank loans, credit card or suppliers as security may bounce when you make defaults and they file complaints in the police station as the first step.

SOLUTIONS

The criminal court and civil court function separately. When the receiver of a cheque (which bounced), says it is a supplier or bank files a complaint in the police station against the issuer, the case is fowarding to the public prosecution and then to the criminal court. The criminal court may convict the issuer (based on evidence provided by the complainant) and give him two options – pay the money or go to jail. We can guarantee you that we can save you with fines only with a good defense and with our expert lawyers.

However, in case of failure to get cheque amount despite imprisonment, the complainant should present his case to the civil court to claim the money along with documents and evidence to prove it. The civil court could then either demand the issuer to pay or face a jail term. We can expertly defend it and get you a favorable judgment.

ABSCOND / DEPORTATION ISSUES & CASES

Below are the Questions mostly visitors asked through Mails & Messages;

1: What is the Blacklist?
2: How to enter UAE again if someone is in blacklist?
3: Is there any fine on blacklist person(s)?
4: How to enter UAE without Ban?
5: Is there any chance to remove the name from Blacklist Category?
6: What to do if we do not have money to pay?
7: Where to surrender in UAE?
8: If someone is in blacklist in UAE, can he travel other GCC countries?
9: What are the reasons due to which we can face a lifetime ban?
10: What are the types of bans in UAE?
11: I didn’t do any crime, still why am I in blacklist?
12: What about those who run away, but still here in UAE?
13: What if someone got arrest while living illegally here in UAE?
14: Who can not leave UAE?
15: Who cannot enter UAE?
16: How to remove immigration ban in UAE?
17: How to remove the name from Blacklist case?
18: What is the ban type for runaway people?

SOLUTIONS

There are various types of bans in United Arab Emirates, which are as follows;

1, Entry Ban

2, Work Ban

3, Labour Ban

4, Immigration Ban

It depends on what expats or visitors have done while living or working here in UAE. Furthermore, there is two more bans;

UAE Blacklist:

Blacklist is the type of Ban that contains the names of those who cannot leave or enter any state of UAE for committing a crime or an illegal act.

GCC Blacklist:

As per the new reports, an individual who deported from any member of GCC (Gulf Cooperation Council) will also have ban from entering all GCC countries.

We will study your issue / case and find out the right solution to get you out from this problem by removing the ban from the system.

LABOR ISSUES & CASES

In the United Arab Emirates, it is essential that you know your rights as an employee or you are at least familiar with some of the things in the UAE Labour Law for you not to simply sign away a document without knowing that the employer is already violating your right as an employee.

There must be lot of reasons to file a labor case by an employee against his/her employer. The basic things to know about your employment are as follow;

Types of Labour Contract in UAE

There are two different kinds of contracts that employers can use in having employees on board.

1. Limited Contract

This kind of contract stands true to its name for it is a fixed-term contract having a commencement and completion date that is usually linking to the duration of a person’s UAE residency visa, which is usually two or three years. The termination of the contract is automatic when the end of the term reaches unless terminates on an earlier date or renews.
In an event that an employer decides to terminate the contract and the reason does not fall under those stated in Article 120 of the Labour Law, it is therefore require for the employer to pay the employee a compensation that will calculate based on the salaries due for a period of three months or the remaining period of the contract, whichever is less (except if the contract has an article that states otherwise).
On the other hand, if the employee is the one who cancels the contract with a reason that is not in Article 121, he will be the one who needs to compensate the employer for any loss resulting from the cancellation. The compensation will calculate based on half a month’s salaries for a period of three months or the remaining period of the contract, whichever is less (except if the contract has an article that states otherwise).

2. Unlimited Contract

This kind of contract has a commencement date written on it but there is no completion date on which the contract should end, unlike the Limited Contract. It is an open contract that can terminate for various reasons under the UAE Labour Law. If there a mutual agreement between both parties, that is the employer and the employee, the contract may terminate without notice as long as there is a 30-day notice of termination stands. Also, just like the Limited Contract, in the Unlimited Contract, both parties can terminate the contract without notice as per Article 120 and Article 121.
If there is a reasonable cause, the contract may terminate any time by either party with a 30-day notice of termination. There can be an extension of the notice period exceeding 30 days. It should also note that the wages of the employee within the agreed notice period will pay in full. If a notice period has not given, a month’s wage in lieu of the notice period should give by the party who has given the notice period.
In cases that the contract is terminating because of an unjustified cause, the employee will have the right to have a compensation. The court may grant the employee a compensation against the employer as long as it is not exceeding three months’ salary (the last salary paid is the basis of the calculation). In events that the employee is getting compensation for unfair dismissal, it will not compromise the claim of the employee to an end-of-service gratuity and any payments for notice that stands.

Three Important Things an Employee Should Know

In addition to the information above regarding contracts, the below list is simply three of the things in the Labor Law that every employee should be aware of in order to be knowledgeable as well if you need to take a step  in future.

1. Termination of Contracts

A contract can only be terminated if both parties agreed, with the consent of the worker in writing, when the contract expires, and if one of the parties wishes to end the contract, given that the party who ends the contract sticks with the provisions of the law with regard to notification and proper grounds for the termination of the contract (not unfair dismissal).

2. Working hours per day

Based on the Labor Law, the legal working hours should be 8 hours per day and not more than 48 hours per week. There are exceptions to this such as those who are working in the trade, hotels, cafeterias, security and other types of business that are authorized by the Ministry of Labor. If an employee has to work more than the abovementioned hours, the employee has the right to an overtime pay, and in cases that the employer does not agree to pay, the employee can file a complaint.
During Ramadan, the ordinary working hours shall be reduced by two hours.

3. Labor Contract

It is illegal in the UAE to work without a labor contract or a labor card. An employee cannot support a claim for benefits or file a complaint against his employer since there is no document signed by both parties with regard to the job agreed to be done by the employee.

Steps to be Taken When There is a Dispute

There are simply a few steps that should be taken when there is a dispute that arises between two parties, the employer, and the employee.

According to Article 6 of the Labor Law, either the employee or employer can file a complaint to the concerned labor department, which will call both parties with regard to the dispute and try to settle for an agreement.

If the settlement does not take place between the two parties, the aforementioned department shall refer the dispute to the Courts within two weeks from the submission of the application or complaint.

SOLUTIONS

We do handle a lot of labor cases and can guarantee you to get your claim in your hands within short time and without losing any amount. Labour issue is considered as a very sensitive issue in UAE and commonly more preferable to employees than employers.

Just relax and don’t get your wires crossed anymore,
We have our own ways to resolve your issues.
We assure – we’ll leave no stone unturned for you !!!
Call us now +971 4 2395441

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There’s a solution for every problem…..We are there to find it out for you…….
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