Arbitration has a long history in the Kingdom of Saudi Arabia. It has been used for centuries under Shari’ah law in the Kingdom. However, foreign investors in recent years have experienced difficulty in using arbitration in the country. Saudi Arabia has therefore enacted a new arbitration law that is an improvement over the thirty-year old arbitration law that it replaced. The new arbitration law is based on the UNCITRAL Model Law on International Commercial Arbitration but with modifications to ensure that the arbitration process does not ‘violate Shari’ah’ as practiced in the Kingdom. The article reviews the important components of the new arbitration law and provides a comparative analysis of it to the previous law and international arbitration practice. It also analyses the recognition and enforcement of international arbitration awards in Saudi courts, including the impact of Shari’ah and the new arbitration and enforcement laws. Finally, it provides a narrative on the Saudi court system and its role in arbitration.
This article summarises the legislative framework for the protection of personally<br />identifiable information (PII).
This is a sample agreement between a vendor company and a client company for the design, development and manufacturing of a system (sample agreement governed by the laws of the State of New Jersey).
Are you familiar with your company’s D&O liability insurance and indemnification program? If not, now might be the time to look into it. Read this article and ensure your officers and directors are protected from all threats — real and potential. After all, your CEO will only want to hear one answer to that question: Yes.
This article contains specific cases and summaries of the actions against in-house counsel in recent years.
The tax reforms that most countries are currently facing are numerous and difficult, and temptation is high to reinforce strongly the legal means given to tax administrations to seek and collect information aimed at increasing much needed tax collections. However, the interaction between tax administrations and the taxpayer needs to be balanced and neutral from unjustified suspicion. The new powers granted to tax administrations cannot be limitless or go beyond the higher principles that govern our democracies.
This program will be a roundtable discussion of real-life corporate depositions which went terribly wrong. It will begin with a three minute video segment from the popular television series, "The Office," which depicts a disastrous corporate deposition in action. From there, attendees will develop critical skills in learning to avoid common deposition pitfalls while simultaneously developing strategy and technique in both the preparation and execution of 30(b(6) depositions. Attendees will learn how to get the attention of senior management to ensure proper preparation and maximum tactical advantage, how to select appropriate witnesses and post-deposition affidavits, and how to take advantages of the nuances contained within Rule 30(b)(6) regarding corporate officer depositions.
To better understand the state of work-life balance among in-house lawyers, the Association of Corporate Counsel (ACC), the world’s largest organization dedicated to corporate counsel, reached out to more than 30,000 lawyers. This study explored the perceptions, experiences and intentions of in-house counsel by tenure, department size, industry, region, gender, caregiving status and other key metrics. Findings from this study provide insight into how organizations and leaders can benefit from the positive business outcomes of encouraging and fostering a climate of work-life balance for corporate lawyers.
What legislation is applicable to insolvencies and reorganizations? What criteria are applied in your country to determine if a debtor is insolvent in the Cayman Islands?
This sample form is a list of documents to be reviewed in connection with a due diligence review of a company.
This is a sample master construction services agreement that includes a sample statement of work.
How will that contract you just drafted stand up to the scrutiny of a judge or jury? Each year, some of the largest jury verdicts in the United States are awarded in breach-of-contract cases. In this program, faculty will discuss lessons learned from trying contract cases to help you evaluate, prepare for, and win contract-related litigation. Topics will include unique issues that arise in trying contract claims; how commonly used contractual clauses can backfire at trial; minimizing risk in contract drafting and negotiation; restricting application of fiduciary duty and the implied covenant of good faith and fair dealing; third-party vendor liability; and damages.
What legislation is applicable to insolvencies and reorganisations? What criteria are applied in your country to determine if a debtor is insolvent?
How much diligence is due? The authors discuss the various levels and elements of environmental due diligence and the factors that determine the appropriate level of due diligence in a given transaction.
This is a sample lease agreement for the states of Texas and Delaware.
This resource presents the leading practices of legal departments that leverage dedicated legal operations staff to manage the business aspects of Legal. Through profiles of 11 legal departments, it conveys who leads the legal operations function, relationships between general counsel and their legal operations leaders, reasons for the legal operations function, how it functions, its scope and impacts.
This sample integration chart contains fields based on task, assignment, designated point of contact, start and end dates.
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