One of the biggest risks on any construction project is non-payment. This article sets out contractual measures to mitigate non-payment risks and describes “self-help” remedies to obtain payment under United Arab Emirates (“UAE”) law.
The COVID-19 pandemic has created an exponential increase in the number of virtual arbitration hearings, including in the Middle East.
Although emerging markets offer a wealth of investment opportunities, political instability and government responses to adverse events present risks for foreign investors. This article considers key dispute risks related to “force majeure” events in emerging markets, using Mozambique and Bangladesh as examples, and suggests mitigation measures for those risks.
A December 2019 Resolution of the Plenum of the Russian Supreme Court sought to provide a uniform definition of the scope of “public policy” grounds for refusing to recognize and enforce foreign arbitral awards (the “Resolution”).