NOMINAL SHAREHOLDING AND BENEFICIAL OWNERSHIP OF SHARES IN THE UAE COMPANIES: A RECENT UAE COURT DECISION

This alert has been prepared to provide a brief overview of certain issues related to the judicial review of the nominee shareholding arrangements in companies in the United Arab Emirates (the ‘UAE’). It examines the circumstances of the dispute, the court’s key findings, and the potential implications of this ruling for the structuring of corporate relationships in respect to companies registered in the UAE.

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