In this issue

We witness the inception of various innovative projects with investments of billions of dollars on a daily basis. Indubitably, financial institutions like banks play a fundamentally crucial role by providing the
funds to such clients that range from corporations to large projects, even governments. In cases where the funding required is exceedingly high, two or more lenders may combine resources to cover the total
loan of an individual borrower, and such facility is referred to as Syndicated Bank Facilities or syndicated loans. The objective is to primarily strew the risk that would ordinarily be present for a single borrower for the reason that any default in repayment of high loans could have an appallingly crippling effect on a single lender.
The group of lenders known as ‘syndicate’ may be approached for a fixed amount, a credit line or a combination of both, by the single borrower. While the objective of syndicate loans is to enable customer’s demand of large long-term loans be met, it is important that the syndicate agreement be in place which encompasses the mutual agreement to contract, and designate the structure, time period of the syndicate loans, and rules related to the same. Financial covenants in the agreement ensure that the borrower meets the necessary standards, principally to protect the interest of the lenders.

In this issue of Court Uncourt, our lawyers will elaborate on an array of legal matters including
Information Security and Data Protection Laws in GCC countries, Law of Certificate of Origin,
Investment Treaty Arbitration, Space Law, Initial Coin Offerings and its regulation, Dubai International
Financial Center Employment Law, etc.

Court Uncourt Magazine Description:

Reading, Writing, Arithmetic and Science have always been core subjects in school curriculum. The legal fraternity especially the law and judicial system however dictate that citizens and residents should always be aware of the local laws. To this effect, the legal maxim 'ignorance of Law is no excuse' is drummed into students from their first civics class. Guided by our core principles, here we deliver you bespoke legal information that you should know. We have always been at the forefront of driving the conversation towards the issues. It is an indubitable conviction that we live in time of information overload and it is Court Uncourt's attempt to look for context and insight into subjects that pique your curiosity.

We are here to lay your curiosity to rest and share our competency and proficiency openly and seamlessly for your safety and knowledge.

We wish you a pleasant and beneficial reading!