Leading global law firm Baker McKenzie took home three awards at Euromoney’s European Women in Business Law 20120 event last night, including overall Best International Firm for Women in Business Law for the fourth year running. The awards, which took place virtually this year, due to COVID-19, recognise individual lawyers at the top of their […]
An Extension of Time (EOT) is a clause in most of construction contracts offering the contractor the possibility to extend the construction period when a delay occurs. That delay must not be the contractor’s fault but caused by a distinct relevant event. There is a wide variety of events that could potentially disrupt a construction […]
A concurrent delay occurs when independent delays overlap, each affecting the schedule and completion date of a construction project. Depending on project scale and complexity, two or more concurrent delays can act at the same time. True concurrency means the delay events of the client and the contractor both start and finish at the same […]
An acceleration of a construction project defines the situation when work is performed at a faster pace than initially planned. In most cases, acceleration is needed to counteract accumulated delays and to meet the agreed completion date. Acceleration can also occur when the contractor has a direct interest in seeing a project completed ahead of […]
Latham & Watkins LLP represents NVIDIA in its acquisition of Arm Limited (Arm) from SoftBank in a cash and stock deal valued at up to US$40 billion. The combination brings together NVIDIA’s leading AI computing platform with Arm’s vast ecosystem to create the premier computing company for the age of artificial intelligence, accelerating innovation while […]
In this 9/12 the United Nations Convention on International Settlement Agreements Resulting from Mediation, known as the Singapore Mediation Convention, came into force. This is a remarkable day for the international scenario of dispute resolution. Article 14 of the Convention provides that it would enter into force six months after three of its signatories had […]