One of the most daunting prospects for an MEP sub-contractor – or, indeed, any sub-contractor – is the possibility of being held ransom to a pay-when-paid clause. Quite commonly included in MEP sub-contracts, this clause effectively dictates that the MEP sub-contractor will receive payment only within a given period of time, usually around 14 days,…
The following article was originally published in Climate Control Middle East. The FIDIC suite of construction contracts is written and published by the International Federation of Consulting Engineers. The FIDIC acronym stands for the French version of the Federation’s name (Federation Internationale des Ingenieurs-Conseil). FIDIC’s Contracts Committee produces standard forms of contract for civil…
Written by Antonios Dimitracopoulos for MEP Middle East The often-dreaded pay-when-paid clause in subcontracts has deterred many from pursuing what is an otherwise legitimate claim. The common concern has always been that a defence would almost certainly be raised by the main contractor that no corresponding payment has been made by the employer and, as such,…
Promotions Arsalan Tariq has been named Partner at BSA Al Rashdi & Al Barwani Advocates and legal consultants. Practicing since 2009, Arsalan specializes in Islamic and conventional finance, bilateral and syndicated project finance, acquisition finance, Islamic product development, cross-border financing and financial restructuring. Arsalan will continue working from BSA’s DIFC office in Dubai, attending events…
Arsalan Tariq has been named Partner at BSA Al Rashdi & Al Barwani Advocates and Legal Consultants in Oman. Practicing since 2009, Arsalan specializes in Islamic and conventional finance, bilateral and syndicated project finance, acquisition finance, Islamic product development, cross-border financing and financial restructuring. Arsalan will continue working from BSA’s DIFC office in Dubai, attending…
The GCC’s top legal experts returned to Construction Week’s Dispute Resolution Questions Time 2019 conference in Abu Dhabi to demystify the root causes of construction claims, share insights on dispute avoidance and resolution mechanisms, and debate the benefits of alternative dispute resolution methods. Partner Antonios Dimitracopoulos shares his views during the panel discussion.
1. Is a local partner required in any part of the construction process? A local partner is not required in any part of the construction process. As a matter of fact, article 8 of the Saudi Foreign Investment Law (SFIL) provides that a foreign firm (wholly owned by foreign investor(s)) licensed under the SFIL may…
The renowned regional law firm, BSA Ahmad Bin Hezeem & Associates LLP, introduce the firm’s second foreign desk in a market leading affiliation with Spanish based law firm, Lupicinio International Law Firm BSA Ahmad Bin Hezeem & Associates LLP is delighted to announce the unveiling of its latest venture, a Spanish and Latin American Desk,…
Speaker at British University in Dubai (BUiD). Held on campus grounds in Dubai on 3 May 2016. Topic: Proposals for a subcontractor’s escape from conditional clauses Speaker: <a href="http://www.bsabh project management tasks.com/lawyer/antonios-dimitracopoulos/” target=”_blank”>Antonios Dimitracopoulos, Partner The talk was attended by post graduate MSc students, most of whom were from the construction industry which was followed by a…
One of the most attractive benefits in resorting to arbitration is a tribunal’s power to award costs. These would normally include the tribunal’s fees and expenses as well as those of any arbitral institution involved. However, as is now widely known in UAE legal circles, the parties must specifically empower the tribunal to award legal…
We recently took part in The Oath Awards, hosted in a black tie awards ceremony at the Conrad Hotel in Dubai. The Oath is the Middle East’s premier legal publication and we were nominated in four categories: Regional Law Firm of the Year IP Team of the Year Corporate Team of the Year Real Estate…
In an attempt to address recent criticisms targeted at its complex and time-consuming registration procedures and in order to attract significant foreign investments, perceived as a means of counterbalancing a decrease in oil prices and deficit in budgets, the Saudi Arabian General Investment Authority (“SAGIA”), has embarked upon a comprehensive overhaul of the framework governing…
