Cross-border transactional work is a tough cookie, and even after three decades of ‘watching that space’, I am still not sure if I can see any real clarity! Take for example, a loan arrangement negotiated in Indonesia. Let’s assume that the lender is a ‘global bank’, for example an entity incorporated in Japan, but with global reach. The lender may kick-off negotiations using a loan … Continue reading So what’s all the fuss with cross-border transactions?
The Covid-19 pandemic has lead different jurisdictions to take different steps, and the Kingdom of Saudi Arabia is no exception to that general outcome! The Supreme Court’s decision number M/45/M sets out some interesting, and in some areas atypical, principles, granting the courts of Saudi Arabia the power to amend the terms of a contract in the interests of justice and fairness, and acknowledging that … Continue reading Saudi Arabian legislation in the context of the Covid-19 pandemic