November 2022

Spain's EU Law Defence Rejected in Australian Award Ruling

Arbitration in Europe: new rules on third-party litigation funding

Washington D.C. /

  On September 13, 2022, the European Parliament passed a resolution to propose a directive (the “Directive”) on the regulation of third-party litigation funding. Although not obvious at first sight, the Directive would also apply to arbitration procedures or other alternative dispute resolution mechanisms.[1] The European Parliament recognizes that, although third-party litigation funding is “virtually […]

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UAE Tax Disputes: Silence Is No Longer Refusal at the Committee Stage (Supreme Court 388/2024)

Landmark Ontario Appeals judgment in construction dispute permits rescission of surety bond

Toronto /

  There has been a recent change in the way surety bonds will be treated in the construction industry as a result of the Ontario Court of Appeal decision in Urban Mechanical Contracting Ltd. et al v. Zurich Insurance Company Ltd., 2022 ONCA 589 (“Urban”).  The decision makes it possible for a surety to rescind

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Preventing a ‘Rug Pull': Ontario Superior Court on Risk of Crypto-Asset Flight and Freezing NFTs

UAE Federal Court rules no tax penalties on payment delays caused by the tax authority

Abu Dhabi /

  Brief It was evidenced before the Federal Primary Court that the taxpayer had informed the Federal Tax Authority of an obstacle in the online tax filing portal that prevented the taxpayer from being able to file their tax returns. The taxpayer continuously requested resolve of the issues since early 2018 until mid-2021. The issue

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Securing Sensitive Data: Contract Clauses for AI Integration

Canada orders divestment of Chinese foreign investors in Canadian critical mineral companies

Toronto /

  Decision On 02 November 2022, the Honorable François-Philippe Champagne, Minister of Innovation, Science and Industry, confirmed the decision by the Government of Canada ordering the divestiture of investments by three Chinese foreign investors as follows: Sinomine (Hong Kong) Rare Metals Resources Co., Limited is required to divest itself of its investment in Power Metals

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