09Oct
07Oct
No compensation will be given by CPA for cargo damage
Summary The Chittagong Port Authority (CPA) has recently announced that they will not be liable for any compensation claims made by port users who have suffered damages as a result of the heavy rainfall and severe floods in the port areas since 5th August. Content The Chittagong Port...
07Oct
Saudi Arabia implements the UNCITRAL Model Law on Cross-Border Insolvency in its Domestic Legislation
Summary: Saudi Arabia implements the UNCITRAL Model Law on Cross-Border Insolvency in it’s domestic legislation which aims to help States create an equitable, contemporary, and fair insolvency framework so that cross-border procedures involving debtors who are facing serious financial difficulties, can be handled more successfully. To...
14Sep
SEMINAR ON DISPUTES INVOLVING CHARTERPARTY IN BANGLADESH
The sustainable development goals have pushed the International Maritime Organization to take measures to reduce pollution caused by ships. The idea behind this plan is to urge the ship-owners to improve carbon intensity by at least 40% by 2023 and cut the emissions by half...
13Sep
Agreement on Fisheries Subsidies has been formally accepted by New Zealand
Summary: New Zealand accepted the Agreement on Fisheries Subsidies on September 6th, becoming the first country from the Oceania region to do so. Trade and Export Growth Minister Damien O'Connor and Director-General Ngozi Okonjo-Iweala celebrated the achievement in a virtual meeting. New Zealand's contribution of CHF...
10Sep
A Green Shift: Rooftop Solar Solution are Loved by Industries
Summary: In light of current trends, industries are shifting focus to alternative energy sources like solar power. This is happening even though national grid capacity exceeds demand by 25,000MW compared to the current 15,000MW. Content: Several big companies have already switched to solar power partially or are considering...
31Aug
Successfully resolved a long-standing maritime dispute between the owner of a foreign vessel and the Bangladesh Navy.
We are pleased to announce that we have successfully resolved a long-standing maritime dispute between the owner of a foreign vessel and the Bangladesh Navy. The vessel collided with a naval frigate in 2017, and the dispute over liability and damages had been ongoing for...
31Aug
Successfully helped Client receiving their outstanding payment under L/C for cross-border shipment from a local Bank
We are pleased to announce that we have successfully helped our client, a multinational corporation (MNC) with a representative office in Bangladesh, receive their outstanding payment under a letter of credit (L/C) from a local bank. The payment was for a cross-border international shipment of...
17Aug
SEMINAR ON INVESTMENT OPTIONS (INSIDE SPECIALIZES ZONES VS OUTSIDE) & RELATED LEGAL ISSUES
Several tax benefits are provided under the Finance Act 2022, for the mobile manufacturers. Besides, the Companies with less than Tk. 100 crore turnover and so on, who are working towards deployment or commercialization of new products, process or service driven by innovation, development and...
07Aug