As we covered in the first of this two-part article on Purchase orders, poor supplier performance can result in significant (10-20%) indirect costs. However, by applying certain risk management practices to your operations, you can reduce your risk significantly. If you’ve done proper planning and have included the four key supply conditions to protect your…
To print this article, all you need is to be registered or login on Mondaq.com. Introduction In most circumstances, parties to a construction project would elect which standard form of contract they wish to apply to their project and thereafter execute the same. In the normal course of things, a Letter of Award is first…
29 June 2022 LexCounsel Law Offices To print this article, all you need is to be registered or login on Mondaq.com. Case Details: Ahluwalia Contracts (India) Ltd. vs Logix Infratech Pvt. Ltd. (CP (IB) No. 882 / ND / 2022) Court: The National Company…
Construction projects are often complex and involve numerous parties, including owners, general contractors, sub-contractors, architects, engineers, laborers and material suppliers. Often, conflict between the parties on a project is inevitable and can result in the withholding of funds. In this environment, a builders’ lien is a critical tool for a contractor, sub-contractor or supplier to…
To print this article, all you need is to be registered or login on Mondaq.com. MAYER BROWN AT A GLANCE Supporting and strengthening the international operations of global clients requires a law firm with the capabilities to provide a full range of legal services on a global basis. Because of the strategic location of its…
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Ankura Consulting Group LLC 27 June 2022 Ankura Consulting Group LLC To print this article, all you need is to be registered or login on Mondaq.com. Ransomware / Malware Activity Spyware Vendor RCS Labs Observed Infecting Android and iOS users with Commercial Surveillance Tools Google’s Threat Analysis Group (TAG) published a report regarding…
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To print this article, all you need is to be registered or login on Mondaq.com. In PTC India Financial Services Limited v. Venkateswarlu Kari, 2022 SCC OnLine SC 608 (the “PTC Ruling“), India’s Supreme Court (“SC“) has held that the law on enforcing a pledge of dematerialized shares is not distinct from that applicable to…
On the 27 January 2022, in ‘SIA’ Zinatnes parks ‘v Finanau ministrija’, the Court of Justice of the European Union (the ”CJEU”) delivered a ruling which clarified the concepts of ‘undertaking in difficulty’ and ‘subscribed share capital’ in the context of state aid and the Commission Regulation (EU) No 651/2014, the General Block Exemption Regulation…
To print this article, all you need is to be registered or login on Mondaq.com. On June 9, 2022, the staff (“Staff”) of the US Securities and Exchange Commission (“SEC”) added Question 101.01 to its Compliance and Disclosure Interpretations (“C&DI”), addressing forward contracts on restricted securities. The new CD&I clarifies that forward contracts…
From 1 July 2023 the UAE will introduce its first ever federal corporate income tax (CIT), effective across all seven individual Emirates. Most UAE companies have little experience of corporate income taxation but time is now short. What should they expect and how can they prepare? Most non-energy businesses in the UAE have no experience…
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