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.
Wednesday, January 29, 2014
Construction Disputes in Oman - Here and Now
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.
Monday, December 23, 2013
Contractors' Warranty Period
Contractors beware! The recently enacted Civil Code has an impact on the contractor’s obligations under Engineering, Procurement and Construction (EPC) contracts. The Civil Code, which took effect on August 6th 2013, imposes a statutory warranty period that applies to all Muqawala Contracts (Contracts to build).
Thursday, December 19, 2013
Variations to Construction Contracts
Over the past few decades, Oman has seen significant developments in its infrastructure. As part of its modernisation initiative, the country has been transformed with the development of an extensive road network, the construction of sea ports and airports, utilities, the reconstruction of governmental buildings, various landmarks and tourist destinations.
Thursday, December 12, 2013
Tips For Handling Disputes in Oman
Successful resolution of disputes can require significant investment of money, time and energy. Navigating disputes in Oman can be greatly simplified if a company implements a comprehensive, in-house programme to manage any dispute as it arises.
Tuesday, December 10, 2013
Award of Contractual Damage - Omani Supreme Court Principles
The Omani courts have distinct principles and doctrines which are applied when deciding on whether to award damages in cases for breach of contract.
Wednesday, December 4, 2013
Non Disclosure Agreements
The first and most important consideration of a seller of a business should be how to protect the secrets of the business during the sale process. It is very important that sellers seek legal advice before disclosing information about a business to interested parties.
Wednesday, November 20, 2013
Labour Law Update: Part Time Employment for Omani Nationals
In an attempt to develop the laws relating to part time jobs in the Sultanate, the Ministry of Manpower recently issued a Ministerial Decision which permits employers in the private sector to recruit Omani employees on a part time basis. The decision shall be published in the Official Gazette, and come into effect the day following the date of publication.
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