30Dec
09Oct
Japan aceedes to the Singapore Convention on Mediation
Summary Japan became the twelfth State Party to the United Nations Convention on International Settlement Agreements Resulting from Mediation, also referred to as the "Singapore Convention on Mediation", by depositing the instrument of accession at the UN Headquarters in New York. Content The accession by Japan was...
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...
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...
13Jul
SEMINAR ON VAT, TAX & CUSTOMS DISPUTES
VAT, Tax and Customs related legal disputes are complex & often require specialized knowledge. There are different forums available for resolution of disputes. One of the big challenges involving taxation matters is that the laws & regulations are constantly changing. Under the Finance Act 2023 a new...
28May
Upcoming Webinar organized by SARCO on “Arbitration in Bangladesh” to be held on 20th of June, 2023
The SAARC Arbitration Council (SARCO) has organized a Webinar titled: "Arbitration in Bangladesh: Navigating the Legal Landscape and key institutional developments" to be held on the 20th of June 2023, 3.00 - 3.30 pm (Bangladesh Time) to provide a holistic overview of the legal and...
28May
SEMINAR ON INFRASTRUCTURE CONSTRUCTION & ENGINEERING DISPUTES
Number of Complex construction disputes involving infrastructure projects are rising. Responsibility of the employer and the bidder and successful tenderer on conducting pre-bid feasibility study of the project site is often confusing as the tender document often do not clearly address the issue. If a major...
08May
Arbitration that is reasonable and inexpensive is used to settle trade disputes more frequently than litigation.
Summary: Bangladesh's commerce sector is expanding day by day despite numerous disagreements that are occurring in between. Most businessmen use arbitration as a method of resolving any conflict that arises outside of court. Arbitration is favored as a faster and cheaper alternative to litigation. Content: A Bangladeshi company...
25Apr