Oriente Medio

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Artículos Recientes

  •  
    31/01/2025
    International

    Sustainable Finance Regulation 2025 Timeline

    Our sustainable finance timeline sets out recent and expected EU, US, UK and International regulatory developments relating to sustainable finance in 2025.  
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    22/01/2025
    International

    LCIA publishes latest costs and duration analysis: are parties getting value (and efficiency) for money?

    The London Court of International Arbitration (“LCIA”) has published its third report on the costs and duration of arbitrations conducted under the LCIA arbitration rules, following previous reports published in 2015 and 2017 (the “Report”).  The Report covers all 616 cases that reached a final award between 1 January 2017 and 12 May 2024. This is the longest time period studied by the LCIA to date and apparently the longest time period covered by any costs and duration analysis by any arbitral institution to date.  In that period, the LCIA received the highest...
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  •  
    17/12/2024
    Middle East region

    Oman's New Advocacy and Legal Consultancy Law Introduces Significant Reforms to the Legal Profession

    Oman promulgated its new Advocacy and Legal Consultancy Law (Royal Decree No. 41/2024) (the Law), marking a transformative moment for the regulation of legal services within the Sultanate. This long-awaited reform introduces substantial changes that impact both local and international legal practices in Oman. The Law will enter into force in six months, with existing firms given one year to comply with its requirements.Impact on the Legal MarketThe new Law represents a substantial shift in Oman’s legal landscape, particularly in terms of raising the bar for qualification, increasing accountability...
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  •  
    12/12/2024
    UK, Middle East, UAE

    Challenging calls under on-demand securities: the fraud exception

    A recent decision of the Qatar International Court, applying English law principles, has ordered revocation of a demand under an on-demand guarantee on grounds of fraud. English law takes a robust approach to enforcement of on-demand securities and will only injunct demands alleged to be fraudulent in the clearest of cases. This decision shows how evidence of contradictory positions taken by a beneficiary can be used to mount a successful challenge based on fraud.The fraud exceptionEnglish law allows only very limited grounds on which to challenge calls under on-demand securities issued by banks...
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  •  
    10/12/2024
    International

    Construction contracts and choice of law for non-co­n­tra­c­tual obligations: risks and opportunities

    Non-contractual claims can in certain circumstances provide additional rights of action which are not otherwise available under a construction contract. The ability to choose the law governing such rights therefore provides an opportunity to employers and contractors to influence the extent to which such claims can be brought. A growing number of countries now permit parties such a choice, either through their domestic conflict of laws rules or as part of their arbitration law. In this Law-Now, we provide a summary of the relevance of non-contractual claims to construction disputes and some recommendations...
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  •  
    28/11/2024
    International

    CMS’s insights on COP29 themes

    The discussions at COP29 Azerbaijan show how difficult it is to achieve global environmental goals. CMS lawyers have been reflecting on the themes of the conference in short videos and articles, housed on the CMS COP29 hub.A summary of CMS’s coverage is below and if you’d like to hear directly from the CMS COP29 delegates, now home from Baku, please join their discussion on Friday 29 November by registering here: CMS at COP29 online sessionBridgett Majola reflects on the need to align climate finance contributions with global needs and the current situation in Africa.Munir Hassan discusses...
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