News & Events
News & Events
David Russell KC featured in M/HQ’s Foundation 101 Podcast Series discussing ‘New Dubai Law No. (2) of 2025 Concerning the DIFC Courts: Impact on DIFC Foundations and Underlying Entities.’ M/HQ is a multi-services platform catering to successful individuals and international families. They assist in establishing and servicing Group and Family Holdings, Single and Multi-Family offices, Foundations and other asset consolidation/protection and intergenerational wealth management structures. In this podcast, David Russell KC discusses the New Dubai Law No. (2) and the relevant changes between the old and new laws including; visa structures, the DIFC and which jurisdictions each of the laws deal with, including Article 14A1. Click below to watch the full episode of the Podcast Series. Find out more David…
News, Webinars & Recordings 3 Apr, 2025
David Russell KC will be joining a panel discussion with Dubai International Financial Centre (DIFC) and leading tax experts on ‘The Opportunities and Benefits for UK Residents in Dubai’ on Monday 24th March 2025 at Harbottle & Lewis, London. Join Outer Temple’s David Russell KC, alongside Ali Hassan of DIFC, Gary Ashford of Harbottle & Lewis and Jaffar Rakhimov of Belluzzo International Partners on Monday 24th March 2025 as they explore the attributes of DIFC as an emerging global hub for private wealth structures and succession planning. This event is aimed that individuals and professionals with an interest in the DIFC as a jurisdiction for holding assets and structuring wealth. The session will include insights on: Emergence of Dubai and…
News 13 Mar, 2025
Event Date: 9 Jul, 2024
Join key members of the Huobi case for an insightful discussion on the key takeaway points from this landmark judgment on Tuesday, 9th July 2024 at The Ritz-Carlton, Dubai. We are delighted to invite you to join key team members on the Huobi case, Andrew Spink KC and Justina Stewart of Outer Temple Chambers, and Peter Smith of Charles Russell Speechlys LLP. Chaitanya Kediyal of Outer Temple Chambers supported the team in this case and will join the panel with his observations. The event will be chaired by David Russell KC of Outer Temple Chambers. In the much anticipated judgment, GATE MENA DMCC & HUOBI MENA FZC V TABARAK INVESTMENT CAPITAL LTD & ANR, the DIFC Court of Appeal (Justice…
Outer Temple Chambers and DIFC hosted a seminar on ‘What opportunities does the Dubai International Financial Centre offer to Private Wealth & Family Offices?’ in September 2023 at 180 Soho House, London. Dubai-based Outer Temple barristers, David Russell KC and Shabana Saleem, joined senior representatives of Dubai International Financial Centre for an exclusive lunchtime seminar on the growth of private wealth and family business in the MEASA region recently. Chief Business Development Officer, Salmaan Jaffery, and Senior Representative for Europe & North America, DIFC Authority and Director of Business Development for the Centre, Ali Hassan, visited London to host this exclusive event focused on private wealth in the MEASA region. The four speakers discussed how Dubai International Financial Centre, a…
News 3 Oct, 2023
Shabana Saleem has written an article titled ‘Building better foundations: the Dubai International Financial Centre foundation law consultation’. This article focuses on the key tenets of the DIFC consultation paper’s proposed amendments to the Foundation Law. The current proposed amendments to the Dubai International Financial Centre (DIFC) Foundations Law No 3 of 2018 (consolidated version of 2022) (“Foundations Law”) come at an opportune time and are testament to the wider progressive measures taken by the DIFC legislator, and to the growing popularity of foundations. The DIFC consultation paper introduces specific amendments to enhance this legislation. If implemented, the amended law will help meet the needs of the ever-growing private client base that increasingly uses foundations as a preferred structuring and…
External Publications 5 Sep, 2023
Outer Temple’s David Russell KC was recently published in a Bloomberg Tax article called ‘Dubai Family Wealth Takes the Stage With New Planning Center’. Dubai is making it easier than ever for large family businesses to sustain themselves over time. Dubai has worked hard to position itself an attractive jurisdiction for businesses, including family businesses. It had no personal or corporate income taxes until recently, when it introduced one of the world’s lowest corporate income tax rates of 9% to comply with the OECD’s Global Tax Deal. David Russell KC was recently published in a Bloomberg Tax article called ‘Dubai Family Wealth Takes the Stage With New Planning Center’ alongside Esquire Group’s Jimmy Sexton. Read the full article Please click here to…
External Publications 14 Jun, 2023
We are pleased to announce that Philip Punwar has been nominated to join the Court Users’ Committee (CUC) in the DIFC (established in 2006 and acts as a liaison between the DIFC Courts and its users). The Court Users’ Committee is an independent liaison body between the DIFC Courts and Court users, with the brief of supporting cost effective and professional service provision. Philip Punwar of Outer Temple Chambers will be part of the committee alongside fellow members Jacques Visser of DIFC Authority, Tom Montagu-Smith KC of 3 Verulam Blgs amongst others, chaired by Amna Al Owais. Find out more Philip is an English qualified practitioner with more than twenty-five years’ arbitration experience. He has been resident in Dubai since…
News 14 Jun, 2023
Outer Temple’s Jonathan Hand KC and David Holloway lead the third Advanced Advocacy session for the DIFC (Dubai International Financial Centre) Academy on the 10th and 11th of October 2022. Jonathan Hand KC and David Holloway were the course tutors for the last of the three Advanced Advocacy sessions that the DIFC Academy put on again this year in association with OTC. The first day dealt with appeal advocacy, including presentations and workshops on written and oral advocacy. The second day was the Advocacy Assessment when all of the participants took part in an oral hearing held at the DIFC Court. Please click here if you would like to find out more about the DIFC Academy. Find out more Jonathan…
News 19 Oct, 2022
Outer Temple’s David Russell QC will be speaking at the DIFC Family Business Master Workshop entitled ‘Structuring Family Business in Extraordinary Times’, which will be held on Thursday 15 September 2022 in Dubai. The DIFC Family Business Master Workshop ‘Structuring Family Business in Extraordinary Times’, is an event aimed to share recent updates on family business regulation and how the Centre responds to the needs of family-run institutions. Outer Temple’s David Russell QC will be sharing his expert knowledge on the topic of ‘structuring family businesses’. The event will be held on Thursday 15 September 2022 from 9:30 am – 11:00 am, at Waldorf Astoria- DIFC. Please click here to find out more and to register for the workshop. Find…
Events 8 Sep, 2022
David Russell QC has co-authored a feature in the MENA Business Law Review, looking at the Agreement between the UAE and India on Juridicial and Judicial Cooperation in Civil and Commercial Matters. The Agreement between the United Arab Emirates and India on Juridicial and Judicial Cooperation in Civil and Commercial Matters (the “Treaty”) was signed in 1999 and ratified in 2000. In January 2020, the Government of India notified the UAE as a “reciprocating territory” for the purposes of recognising UAE civil judgments in India without a re-examination of the merits of the underlying dispute. The Treaty is a reflection of the close cultural and economic ties between the two countries. The mutual recognition of civil judgments between a civil…
External Publications 11 Apr, 2022
In one of the first expositions by the DIFC Court of the effect of Schedule 4 of the DIFC Insolvency Law, the case confirmed that the UNCITRAL Model Law applies in the DIFC only in relation to corporate insolvency. David Russell QC and David Holloway appeared as counsel. This case has generated great interest and was recently included as a Case Focus in Lexis Middle East Law Alert March/April 2022. David Russell QC and David Holloway appeared as counsel and have also written a more detailed Case Comment, first published in the MENA Business Law Review 2022 First Quarter. What happened? An application was made by Trustees who had been appointed by the Abu Dhabi Court in some insolvency proceedings.…
External Publications 8 Apr, 2022
We are delighted to announce the appointment of David Russell QC as Executive Editor to the Editorial Board for the DIFC Academy – School of Law publications. In the coming months, David Russell QC, alongside the Editorial Board will be responsible for working with DIFC Academy’s publishing partner, LexisNexis to produce Volume 4 of the DIFC Law Commentaries, in addition to revising Volume 1. These are high quality reference books for lawyers, judges, academics and students relating to DIFC Statutory Laws and evolving body of Common Law. You can view and purchase these publications here: https://academy.difc.ae/publication/ Editorial Board David joins Jacques Visser, Chief Legal Officer at DIFC Authority, who has been appointed Editor-In-Chief. Jacques leads the Legal Affairs division of the…
News 18 Aug, 2020
