Publication
Australia: Construction force majeure and alternative relief
Force majeure and alternative relief under standard form construction contracts and local law.
Global | Publication | May 2020
In these extraordinary times, our market-leading, global construction team is increasingly advising on force majeure and related relief claims arising under the various different standard forms of construction contract, which are themselves subject to a variety of different governing laws.
To assist navigating such claims, in particular for international organisations with construction projects in multiple jurisdictions, we have prepared this concise reference guide, which sets out the relevant provisions of the standard form construction contracts used in - and the local laws of - the countries listed below.
We shall be updating this guide periodically, so do let us know if there are countries and/or standard form contracts that you would like to see included.
Our global construction team advises throughout the lifecycle of a construction project, from procurement structuring, tendering, contract drafting and negotiation, through to strategic advice during construction, operation and maintenance and on resolving construction related disputes. Our clients include governments, lenders, project companies/sponsors, developers, contractors, consultants and institutional investors. We combine sector knowledge with commercial focus to deliver timely and reasoned construction law advice.
Publication
Force majeure and alternative relief under standard form construction contracts and local law.
Publication
Force majeure and alternative relief under standard form construction contracts and local law
Publication
Force majeure and alternative relief under standard form construction contracts and local law
Publication
Force majeure and alternative relief under standard form construction contracts and local law
Publication
Force majeure and alternative relief under standard form construction contracts and local law
Publication
Force majeure and alternative relief under standard form construction contracts and local law
Publication
Force majeure and alternative relief under standard form construction contracts and local law
Publication
Force majeure and alternative relief under standard form construction contracts and local law
Publication
Force majeure and alternative relief under standard form construction contracts and local law
Publication
Force majeure and alternative relief under standard form construction contracts and local law.
Publication
Force majeure and alternative relief under standard form construction contracts and local law
Publication
Force majeure and alternative relief under standard form construction contracts and local law
Publication
On February 2, 2024, the Belgian Presidency of the Council of the European Union confirmed that the Committee of Permanent Representatives had signed the Artificial Intelligence (AI) Regulation, referred to as the AI Act. Approval by the EU Parliament followed on 13 March 2024, and the AI Act is likely to appear in the EU’s Official Journal around May 2024. The AI Act aims to establish a stringent legal framework governing the development, marketing, and utilisation of artificial intelligence within the region, thereby marking a significant advancement in the regulation of this burgeoning domain.
Publication
The private credit market and direct lending have grown and diversified immensely in the past decade, offering alternative sources and terms of debt compared to those historically provided by the syndicated leveraged loan and public issuance markets. Consequently, they are fast becoming pivotal components in the capital ecosystem, so much so that the Bank of England consider that the private credit market is currently responsible for approximately $1.8 trillion of debt issuance, which is four times its size in 2015. This growth has been particularly pronounced in Europe and the US but there has also been significant activity in Asia.
Publication
The EU’s Artificial Intelligence Regulation, commonly referred to as the AI Act, is expected to come into force during the summer of 2024 (the AI Act). The AI Act will be the first comprehensive legal framework for the use and development of artificial intelligence (AI), and is intended to ensure that AI systems developed and used in the EU are safe, transparent, traceable, non-discriminatory and environmentally friendly.
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