A charge, simply, is one of the types of security by which a person who borrows money give the lender certain right over his asset to support the duty of the borrower to repay what […]
Subject to the supervision of the Central Bank of Bahrain (CBB), an investment limited partnership (ILP) is to be established immediately, on the execution of a “partnership agreement”. The ILP, shall have legal personality from […]
In business transactions, it is quite common for the parties to agree in advance for damages that will be payable in the event of a breach of contract. This case is known as “liquidated damages”. […]
A contract of bailment arises when the owner of goods “the bailor” entrusts and keeps their possession into the care of another “the bailee”. Examples of bailment contracts include placing your documents in safe custody […]
Your property could either be real or personal property. There are legal points, to understand and how to use your property. Negotiable instruments are among the most important types of personal property. Negotiable instruments, are […]
The “Nemo dat rule” means, no one gives what they do not own. In other words, the purchase from someone who has no right, also denies the purchaser any title. This ancient Latin rule stays […]
Bahrain is the first country in the area to issue a special law to govern financial trust “trust law”. The law was promulgated in 2006 and last amendment took place in 2016. This sophisticated special […]
In law, your property is either “Choses in Possession” or “Choses in Action”. Chose in possession is the money in your pocket now while chose in action is the money in your bank account which […]
It is important to mention that there are many controversial issues related to joint accounts. There are many cases where an old person puts the name of a relative in the joint account to enable […]
Three acts could affect ownership that includes conversion, detinue and trespass. Trespass consists of any legally unjustifiable act of direct physical interference with chattels in possession of another. Allegation of trespass arising out of touching […]
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