Wednesday, January 29, 2014

Construction Disputes in Oman - Here and Now

On 12 November 2013, Curtis, Mallet-Prevost, Colt & Mosle LLP was invited to speak at the Chartered Institute of Building Masterclass on Delay, Dispute Resolution, and Management of Construction Contracts held in association with Hill International.

The following are some of the areas which were covered by Curtis in its presentation to the delegates.


Friday, January 17, 2014

Amendments to Sector Law

Amendments to the Law for the Regulation and Privatisation of the Electricity and Related Water Sector (the “Sector Law”) promulgated by Royal Decree No. 78/04 as amended.


Wednesday, January 8, 2014

Investment Funds

Investment funds have become increasingly popular investment structures in Oman, with several funds becoming active in the market recently. These investment funds may be formed and organized either in Oman or outside of Oman. For an investment fund established outside of Oman targeting investors located in Oman, such fund must comply with the Oman Capital Market Law (Royal Decree No. 80/98) and other applicable laws. Investment funds established in Oman must also comply with the Oman Capital Market Law and regulations issued by the Capital Market Authority (the “CMA”). In this article we focus on the key formation and establishment considerations for investment funds to be established in Oman.


Thursday, January 2, 2014

GCC Family Businesses - Corporate Governance

Some of the most successful companies worldwide remain family businesses - for example, Walmart, Ford, Cargill and Bombardier in North America, Peugeot, IKEA and LVMH in Europe and Tata, Samsung and Toyota in Asia. The most successful family firms are built and sustained across generations. Many of the Western family businesses have instituted corporate governance structures that continue to have the active involvement of members of the original founding family.