In this session, we will:
• study the key legal and commercial considerations of a specific type of commercial contracts i.e. commercial agencies, distribution and franchise arrangements; and
• consider the provisions of the UAE Competition Law and related legislation, including its impact on commercial agency and other commercial relationships.
The session will include the following:
Part I: an overview of the legal framework of commercial agencies, distribution and franchise arrangements under the Commercial Agencies Law, the Commercial Transaction Code and the Civil Code.
Part II: common provisions contained in commercial agency, distribution and franchise agreements, against the requirements of UAE legislation and jurisprudence (including non-compete provisions, interest, jurisdiction, governing law, confidentiality and termination).
Part III: the scope and application of the new UAE Competition Law, its implementing regulations and other related laws, including acts likely to be prohibited under the Competition Law and notification requirements.