Commercial disruptions can affect contractual performance in different ways. A government restriction may prevent delivery, a critical asset may be destroyed, or performance may remain possible but become substantially more expensive. These situations are often…
What if the biggest legal risk in your next deal has nothing to do with the contract itself? Most businesses assume that legal obligations only kick in once a contract is signed. Under the new…
The current Middle East crisis, particularly the most recent announcement of Yemen’s Houthis declaring a naval blockade and maritime embargo against Saudi Arabia has brought force majeure out of contractual boilerplate clauses and firmly into…
Unilateral dispute resolution clauses are common in cross-border trading and finance documents, particularly where one party has stronger bargaining leverage. The typical structure is that both parties are directed to one forum (often arbitration), but…
While the UAE has positioned itself as a global arbitration hub, conducting arbitration there can be a minefield, especially for foreign parties unfamiliar with the nuances of its legal landscape. The UAE arbitration framework is…
On 29 July 2024, the new Federal Decree Law No. 9/2024 was enacted and introduced significant amendments to certain provisions of Federal Decree Law No. 33/2021, which governs labor relations. These changes, effective from 31…