Fichte & Co
Global Guide 2024
About
Number of partners: 2
Number of lawyers: 25
Languages: Arabic, Cantonese, English, Farsi, French, German, Gujrati, Hindi, Italian, Japanese, Malayalam, Mandarin, Russian, Spanish, Tagalog
Established by Jasmin Fichte in 2005, Fichte & Co is a full-service law firm comprised of an experienced international team of experts.
The staff includes over 25 local and international lawyers that are dual-qualified and multilingual with experience from practicing in a wide variety of countries including the UK, Germany, India, Italy, Greece, Saudi Arabia, Egypt, Sudan, Iran, Bahrain, Lebanon, Canada and Russia. The firm has also built a strong network in other jurisdictions, working closely with firms in the UK, Singapore, Europe, the GCC, Iran and offshore locations such as the Cayman Islands, BVI and Jersey. The team regularly advise international corporations on commercial law issues and risk advisory matters, including strategic advice on business risks. The firm’s clients have included governmental and quasi-governmental entities such as ADNOC, Oman and Dubai Drydocks, UAE Classification(Tasneef) and the Port of Fujairah. As a pioneering law firm, Fichte aims to shape the region’s legal landscape and regulation — the firm is a founding member of the UAE Maritime Law Committee (which is set to become a member of the Comité Maritime International), and a have a seat on the DIFC Rules Subcommittee.
Maritime
Marine Insurance
Risk Management
Mergers & Acquisitions
Corporate Restructuring
Banking & Finance
Real Estate
International Trade & Commodities
Litigation
Arbitration & Mediation
Commercial Disputes
Marine Insurance
Bankruptcy
Charter Party
Ship Finance
Ship Building, Repair & Conversion
Debt Recovery
3 partners, 6 fee earners based in Dubai and Abu Dhabi office
■Acted for various P&I Clubs following a change of rules in local maritime rules to obtain approval by the UAE Federal Transport Authority (FTA)
■Represented over 40 seafarers, stranded on board the vessels without food supply and salaries for over three years, due to a legal dispute involving the ship owners, and assisted the Federal Transport Authority (FTA) in successfully filing labor complaints and activating arrest documents to bring the abandoned vessels to port
■Representing one of the largest conglomerate from India in defending their interest of their Dubai subsidiaries for the claims filed in Dubai towards recognition of NY Arbitration/London Arbitration awards, where one award is for USD 1.6 billion and the second award is for USD 425 million
■Represented a client in the tender for a turn-key project by a national oil company for delivery and operation of a FPSO unit for a total value of approx. US$400m. Upon award of the project, we further assisted the client in the purchase of an Aframax tanker and subsequent conversion into FPSO
■Represented one of the leading Insurance companies in the UAE under a Marine Cargo Policy cover to defeat the claim of the cargo owners for colluding with the owners and sinking of the vessel
■Advising Major Oil Trader in a dispute under L/C against Central Bank of Sudan and Sudanese Petroleum Counsel, the dispute is in the tune of USD 250 million.
Key Clients: AXA, Oman Trading, Union Insurance, North of England P&I, Port of Fujairah
Contact: Jasmin Fichte
Tel: +971 4 43 57 577
Email: [email protected]
Corporate/Commercial & Commercial Contracts:
1 partner, 5 fee earners based in Dubai and Abu Dhabi
■A multi-state-owned shipping company based in the GCC region on various aspects of its USD 8 billion (approx.) combination with a German multi-national company including the group reorganization, optimisation, and transformation of key group companies throughout the GCC region
■A Saudi Arabian conglomerate on all aspects of a multi-jurisdictional M&A deal, valued at USD 6 million (approx.), involving the formation of a joint venture with a Japanese promoter and the subsequent acquisition of entities in the UAE, Japan, and India in the chemicals and fuel additives industry, as well as the bridge financing of the UAE and Japanese entity
■A Pan Arab Conglomerate on various UAE law matters including a joint venture between its UAE insurance brokerage subsidiary and an insurance technology company for establishing a digital platform allowing users to compare, buy, and manage insurance products in the UAE
■A UAE based private joint stock company operating in the food sector on corporate governance and compliance (including registration with the DFM for availing share registry services) and its capitalization up to AED 300 million to fund its strategic acquisitions and investments in various food companies in the UAE
■A leading Indian Infrastructure Development and Finance Company on two multi-million dollar deals involving its proposed exit of (i) a public-private partnership with the Government of Dubai in relation to a construction project, and (ii) a joint venture with, inter alia, the Government of Fujairah relating to the operation of an independent oil storage terminal
■A French global conglomerate company, in connection with the reorganisation of the corporate presence in the region by way of consolidation of the local companies within the broader group
Key Clients: Hapag-Lloyd, Gulf Energy Maritime (GEM), Gulf Resources Insurance Management Services Co. (LLC)
Contact: Alessandro Tricoli
Tel: +971 4 43 57 577
Email: [email protected]
Dispute Resolution:
1 partner, 7 fee earners based in Dubai and Abu Dhabi
■Represented a major insurance service provider on a series of claims arising out of a fire break out at a building in Sharjah. The claims, initiated by tenants, are primarily being defended on the grounds of non-operational sprinkler systems which were the landlord’s duty and obligation to maintain at all times
■Represented a real estate company in labor dispute against its employees, seeking compensation and entitlements. Fichte has successfully protected the interest of the employer
■Represented a Vietnamese government owned shipping company in respect of enforcement of London seated arbitral awards before the DIFC Courts against two UAE based trading entities
■Advising a major insurance service provider on a series of claims under the Sanadi plan for Involuntarily Loss of Employment. The claims are being defended under the various exclusions set out in the insurance policies
■Represented a UAE based insurance company in a series of claims initiated by guests of a prominent hotel in Dubai which caught fire on New Year’s Eve
■Represented a leading Indian shipping company which went through a major financial crisis. Due to the financial crisis multiple VLGC/LVCCs were arrested in UAE. Fichte was appointed to negotiate the terms of settlement with all the arresting parties and secured the release of all their vessels
Key Clients: Deugro Emirates Shipping, Union Insurance, Seaport International Shipping Company, Southern Petroleum Transportation JSC
Contact: Ravi Jawani
Tel: +971 4 43 57 577
Email: [email protected]
Ranked Offices
Provided by Fichte & Co
- Dubai23rd Floor | Rolex Tower, Sheikh Zayed Road, P.O. Box 116637, Dubai, Dubai, United Arab Emirates
- Web: www.fichtelegal.com
- Tel: +971 4 43 57 577
- Fax: +971 4 43 57 578
- View ranked office
Fichte & Co rankings
Articles, highlights and press releases
36 items provided by Fichte & Co
The New Bankruptcy Law - Stepping up to Challenges in a Post-pandemic Economy
The global economic crisis due to the coronavirus is creating more panic than the health risks to the public. This pandemic of panic is leaving millions economically cripple than its killing. Companies around the world are struggling with supply chains dry up and not enough cash flow is bankrupting.
How to safely close down a business in mainland UAE
In the unfortunate event of closing down your business in the mainland, UAE requires some basic legal proceedings to avoid fines and penalties. The article is about the basic processes to be pursued by UAE-based Company’s for both voluntary winding-up and bankruptcy as per the specific laws.
Everything You Need to Know about End of Service Gratuity in UAE
If you are planning to resign from your current job or have been terminated, only the basic salary is taken under consideration for the calculation of the end of service gratuity. In this article our Senior Associate, Dr. Laura Voda talks about everything you need to know about EOS.
Fujairah Opens for Crew Changes
Port of Fujairah is opening for crew changes. Below article talks about everything you need to know about the responsibilities, the registered agents should undertake and declare.
FICHTE WEBINAR: COVID-19 Impact on the UAE Real Estate Market
As the Coronavirus outbreak continues to affect the real estate market in the UAE, the quantum of the impact in this industry will depend on how long the economy takes to get back on track.
Website Cloning – A Business Reality with Intricate Legal Consequences
The newest and most effective marketing tool for business exists nowadays in the digital world. Whereas a good and attractive website has all the prerequisites to have a strong impact on the market share and positioning of a firm..
Dubai International Financial Centre (DIFC) Data Protection Law 2020
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE has enacted the new Dubai International Financial Centre (DIFC) Data Protection Law, which comes into force from July 1, 2020.
Change of Options for Changing Times
At the start of this year, there were some significant changes impacting the Dubai Multi Commodities Centre (DMCC) legal framework. Our experts explain how the increased flexibility they provide may aid companies, facing a post-COVID-19 economy.
Developers’ Right to Terminate off Plan Sales to Defaulting Buyers. No Court Order Needed.
In 2017, His Highness Sheikh Mohammed Bin Rashid Al Maktoum issued Law No. 19 of 2017, amending Article 11 of Law No. 13 of 2008 on the Interim Real Estate Register in the Emirate of Dubai.
6 Frequently Asked Questions – COVID19 and Shipping Industry
The World Trade Organization has projected that “world trade is expected to fall by between 13% and 32% in 2020” due to the COVID-19 pandemic, as it has increased globally causing massive disruptions on the economic activity of international markets, including individuals’ lifestyles.
What Can a Buyer Do if Faced with a Cancelled Off-Plan Real Estate Project In Dubai?
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai and Prime Minister of the UAE, issued decree N⁰ (21) of 2013 on 23rd July 2013 concerning the formation of a special judicial committee for the liquidation of canceled real estate projects in the Emirate of Dubai.
Влияние COVID-19 на трудовые отношения между работодателем и работником в ОАЭ и DIFC
Наш юрист Adv. Anastasia Golovko объясняет, как COVID-19 повлиял на трудовые обязательства работодателя и работника в ОАЭ и DIFC.
FICHTE WEBINAR: COVID-19 and Employment Law in the UAE
We have had over 140 attendees at our first free live webinar and a live Q&A session both in English and in Arabic. .
The ‘Economic Substance Regulations’ – a New Test for the UAE Companies. How does it apply?
For the companies activating in the specified sectors, the ESR implies a new compliance requirement and, in certain cases, business restructuring, mergers, acquisitions or even exit. For a clearer picture of how the ESR works, our Associate, Dr. Voda prepared a checklist that one should focus on.
Things to Know about the “Early Leave” Initiative in UAE
The “Early Leave” initiative that has been launched recently by the Ministry of Human Resources and Emiratisation, in cooperation with the Emirates Identity Authority , the Ministry of Foreign Affairs and International Cooperation, the General Civil Aviation Authority...
10 Things to Know about the NEW Ministerial Resolution on Employment and COVID 19
COVID-19 outbreak and the precautionary measures have affected the UAE private sector massively. The Ministry of Human Resources and Emiratisation recently issued a new Ministerial Resolution clarifying the actions that would protect both the businesses and their employees.
Impact of COVID-19 on Vessel Charters
The COVID-19 outbreak has had a considerable impact on business globally, particularly the Maritime sector. In this article, our Partner and Head of Shipping Litigation, Ravi P. Jawani MICS and Associate, Keshav Raychaudhuri address the various issues affecting vessel charters in view of the
Salient Q&A on the impact of COVID-19 on the labor market in the UAE
During this critical time of COVID-19, employers are now scrambling to figure out how to keep the workflow going. Many organizations are considering layoffs and pay-cuts to ensure they make it through the COVID-19 economic crisis. The employees fear to lose their jobs and feel helpless.
Force Majeure and the Coronavirus
With a total of 87, 024 infected cases, including 2,979 deaths as of 1st March 2020, companies are taking drastic actions to prevent the spread of this virus. Some of the measures taken by these companies could invoke a force majeure as a preventive measure.
Few Key Changes of the New Dubai Multi Commodities Centre Authority(DMCCA) Companies Regulations
Dubai Multi Commodities Centre (DMCC) recently announced new DMCCA Company Regulations 2020, which came into effect from 2 January 2020 to further enhance the ease of registration and operation of businesses.
Abraaj gets Dh1.156 billion DFSA fine
The Abraaj debacle is a cautionary tale for financial entities and regulators alike. DFSA’s action goes to prove that regulators will not take non-compliance lightly and the significant fine imposed will definitely serve a deterrent effect.
Gulf Tanker Attacks: Implications on Costs
Tanker attacks have a long history indicating that it could be a powerful weapon in international conflict, which can significantly destabilize an economy.
UPDATE: Medical Liability Law in the UAE
Doctors in the UAE face considerable legal risk when treating patients. Thus, it’s important for casualties as well as medical practitioners to know their rights and get their cases evaluated by legal experts.
The New DIFC Employment Law- What Has Changed?
The new Dubai International Financial Centre(DIFC) employment law soon coming into effect. Many experts stated that this new law will be comfortably balanced between the interests of employers and employees.
UPDATE: New DIFC Wills and Probate Rules
The DIFC Wills and Probate Registry has gone through a number of changes since its establishment in 2015 and has consistently strived to better protect testators and their assets. The article is about the recent changes in the DIFC Wills and Probate Registry rules.
Stranded Sailors Waited 28 Months for this Day
The Federal Transport Authority-Land & Maritime(FTA) and Fichte & Co are assisting 40 stranded Seafarers on 10 vessels without proper food supply and salary for over 2 years.
New System to Boost UAE Finance Sectors’s Integrity
The Central Bank of the UAE has developed a Persona Non Grata (UAEPNG) System in order to restrict persons with questionable professional integrity from joining the financial sector.
Everything You Need to Know about FIDIC Contract in the UAE
Due to the rapid construction growth during the last 20 years and international cooperation, FIDIC contracts have gained wider acceptance amongst the UAE construction and consulting industry key players.
New Foreign Direct Investment Law : Upto 100% Foreign Ownership in the UAE
The UAE government recently published a list of positive sectors in which up to 100% foreign ownership is allowed.
DIFC Proposes New Data Protection Law
With Europe leading the charge on data privacy and protection in the form of the GDPR, the UAE is also in a positive move to introduce specific local data protection and privacy regulations. A new data protection law (proposed law), issued by Dubai International Financial Centre-DIFC
The New Bankruptcy Law - Stepping up to Challenges in a Post-pandemic Economy
The global economic crisis due to the coronavirus is creating more panic than the health risks to the public. This pandemic of panic is leaving millions economically cripple than its killing. Companies around the world are struggling with supply chains dry up and not enough cash flow is bankrupting.
How to safely close down a business in mainland UAE
In the unfortunate event of closing down your business in the mainland, UAE requires some basic legal proceedings to avoid fines and penalties. The article is about the basic processes to be pursued by UAE-based Company’s for both voluntary winding-up and bankruptcy as per the specific laws.
Everything You Need to Know about End of Service Gratuity in UAE
If you are planning to resign from your current job or have been terminated, only the basic salary is taken under consideration for the calculation of the end of service gratuity. In this article our Senior Associate, Dr. Laura Voda talks about everything you need to know about EOS.
Fujairah Opens for Crew Changes
Port of Fujairah is opening for crew changes. Below article talks about everything you need to know about the responsibilities, the registered agents should undertake and declare.
FICHTE WEBINAR: COVID-19 Impact on the UAE Real Estate Market
As the Coronavirus outbreak continues to affect the real estate market in the UAE, the quantum of the impact in this industry will depend on how long the economy takes to get back on track.
Website Cloning – A Business Reality with Intricate Legal Consequences
The newest and most effective marketing tool for business exists nowadays in the digital world. Whereas a good and attractive website has all the prerequisites to have a strong impact on the market share and positioning of a firm..
Dubai International Financial Centre (DIFC) Data Protection Law 2020
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE has enacted the new Dubai International Financial Centre (DIFC) Data Protection Law, which comes into force from July 1, 2020.
Change of Options for Changing Times
At the start of this year, there were some significant changes impacting the Dubai Multi Commodities Centre (DMCC) legal framework. Our experts explain how the increased flexibility they provide may aid companies, facing a post-COVID-19 economy.
Developers’ Right to Terminate off Plan Sales to Defaulting Buyers. No Court Order Needed.
In 2017, His Highness Sheikh Mohammed Bin Rashid Al Maktoum issued Law No. 19 of 2017, amending Article 11 of Law No. 13 of 2008 on the Interim Real Estate Register in the Emirate of Dubai.
6 Frequently Asked Questions – COVID19 and Shipping Industry
The World Trade Organization has projected that “world trade is expected to fall by between 13% and 32% in 2020” due to the COVID-19 pandemic, as it has increased globally causing massive disruptions on the economic activity of international markets, including individuals’ lifestyles.
What Can a Buyer Do if Faced with a Cancelled Off-Plan Real Estate Project In Dubai?
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai and Prime Minister of the UAE, issued decree N⁰ (21) of 2013 on 23rd July 2013 concerning the formation of a special judicial committee for the liquidation of canceled real estate projects in the Emirate of Dubai.
Влияние COVID-19 на трудовые отношения между работодателем и работником в ОАЭ и DIFC
Наш юрист Adv. Anastasia Golovko объясняет, как COVID-19 повлиял на трудовые обязательства работодателя и работника в ОАЭ и DIFC.
FICHTE WEBINAR: COVID-19 and Employment Law in the UAE
We have had over 140 attendees at our first free live webinar and a live Q&A session both in English and in Arabic. .
The ‘Economic Substance Regulations’ – a New Test for the UAE Companies. How does it apply?
For the companies activating in the specified sectors, the ESR implies a new compliance requirement and, in certain cases, business restructuring, mergers, acquisitions or even exit. For a clearer picture of how the ESR works, our Associate, Dr. Voda prepared a checklist that one should focus on.
Things to Know about the “Early Leave” Initiative in UAE
The “Early Leave” initiative that has been launched recently by the Ministry of Human Resources and Emiratisation, in cooperation with the Emirates Identity Authority , the Ministry of Foreign Affairs and International Cooperation, the General Civil Aviation Authority...
10 Things to Know about the NEW Ministerial Resolution on Employment and COVID 19
COVID-19 outbreak and the precautionary measures have affected the UAE private sector massively. The Ministry of Human Resources and Emiratisation recently issued a new Ministerial Resolution clarifying the actions that would protect both the businesses and their employees.
Impact of COVID-19 on Vessel Charters
The COVID-19 outbreak has had a considerable impact on business globally, particularly the Maritime sector. In this article, our Partner and Head of Shipping Litigation, Ravi P. Jawani MICS and Associate, Keshav Raychaudhuri address the various issues affecting vessel charters in view of the
Salient Q&A on the impact of COVID-19 on the labor market in the UAE
During this critical time of COVID-19, employers are now scrambling to figure out how to keep the workflow going. Many organizations are considering layoffs and pay-cuts to ensure they make it through the COVID-19 economic crisis. The employees fear to lose their jobs and feel helpless.
Force Majeure and the Coronavirus
With a total of 87, 024 infected cases, including 2,979 deaths as of 1st March 2020, companies are taking drastic actions to prevent the spread of this virus. Some of the measures taken by these companies could invoke a force majeure as a preventive measure.
Few Key Changes of the New Dubai Multi Commodities Centre Authority(DMCCA) Companies Regulations
Dubai Multi Commodities Centre (DMCC) recently announced new DMCCA Company Regulations 2020, which came into effect from 2 January 2020 to further enhance the ease of registration and operation of businesses.
Abraaj gets Dh1.156 billion DFSA fine
The Abraaj debacle is a cautionary tale for financial entities and regulators alike. DFSA’s action goes to prove that regulators will not take non-compliance lightly and the significant fine imposed will definitely serve a deterrent effect.
Gulf Tanker Attacks: Implications on Costs
Tanker attacks have a long history indicating that it could be a powerful weapon in international conflict, which can significantly destabilize an economy.
UPDATE: Medical Liability Law in the UAE
Doctors in the UAE face considerable legal risk when treating patients. Thus, it’s important for casualties as well as medical practitioners to know their rights and get their cases evaluated by legal experts.
The New DIFC Employment Law- What Has Changed?
The new Dubai International Financial Centre(DIFC) employment law soon coming into effect. Many experts stated that this new law will be comfortably balanced between the interests of employers and employees.
UPDATE: New DIFC Wills and Probate Rules
The DIFC Wills and Probate Registry has gone through a number of changes since its establishment in 2015 and has consistently strived to better protect testators and their assets. The article is about the recent changes in the DIFC Wills and Probate Registry rules.
Stranded Sailors Waited 28 Months for this Day
The Federal Transport Authority-Land & Maritime(FTA) and Fichte & Co are assisting 40 stranded Seafarers on 10 vessels without proper food supply and salary for over 2 years.
New System to Boost UAE Finance Sectors’s Integrity
The Central Bank of the UAE has developed a Persona Non Grata (UAEPNG) System in order to restrict persons with questionable professional integrity from joining the financial sector.
Everything You Need to Know about FIDIC Contract in the UAE
Due to the rapid construction growth during the last 20 years and international cooperation, FIDIC contracts have gained wider acceptance amongst the UAE construction and consulting industry key players.
New Foreign Direct Investment Law : Upto 100% Foreign Ownership in the UAE
The UAE government recently published a list of positive sectors in which up to 100% foreign ownership is allowed.
DIFC Proposes New Data Protection Law
With Europe leading the charge on data privacy and protection in the form of the GDPR, the UAE is also in a positive move to introduce specific local data protection and privacy regulations. A new data protection law (proposed law), issued by Dubai International Financial Centre-DIFC