The Merchant Shipping Directorate’s New Pleasure Yacht Changeover Guidelines
The Merchant Shipping Directorate of Transport Malta has issued the ‘Commercial Yacht – Pleasure Yacht Guidelines (‘the Guidelines’) on the 2nd of September 2021. The Guidelines provide carefully devised considerations for yacht owners who wish to make the change from a commercial yacht to a pleasure yacht or vice-versa and highlight every step of the process.
NEW POWERS OF THE OFFICE OF COMPETITION AND CONSUMER PROTECTION AUTHORITY OF POLAND
EU Regulation 2017/2394 of the European Parliament and of the EU Council regulation of December 12, 2017, on cooperation between national authorities responsible for the enforcement of consumer protection (and repealing Regulation (EC) No 2006/2004), obliged the Member States to modify their internal laws. The primary goal of the EU’s regulation mentioned above is to …
THE APPLICABILITY AND ENFORCEABILITY OF CONDITIONAL CLAUSES IN THE CONSTRUCTION CONTRACTS UNDER THE UAE LAWS
INTRODUCTION “Conditional Payment Clauses” also generally known as “back to back provisions” commonly form part of the construction contracts[1] in the UAE and are frequently incorporated therein. Generally speaking, such provisions are a common feature of the sub-contractor’s / sub-consultant’s payment terms[2], and subject the payment of the sub-contractor/ sub-consultant to a suspensive condition, e.g. …
Legal, Regulatory and Policy Updates on Online Platforms and Content Provision Businesses
As the size and social influence of online platforms and content provision businesses grow, various regulatory bills are being proposed and government authorities are accelerating discussions on establishing relevant policies.
Qatar’s Commercial Companies Law Amendments, A Detailed Review
Among the well-established approach of the Qatari legislator in regards with the continuous efforts of keeping the laws and regulations in the State of Qatar modern, in line with international best practices and up to date in a way that enhances the non-stop development aimed by the State to reach Qatar 2030 vision and to …
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SINGAPORE COURT RECOGNIZES FOREIGN INSOLVENCY ORDER BY WAY OF RELIEF UNDER THE MODEL LAW AFTER RECOGNIZING FOREIGN-MAIN PROCEEDINGS
In a first for the Singapore Court Justice Kanan has recognized, in the China Fisheries Group Restructuring a US Chapter 11 plan confirmation order by way of relief after recognizing the US Chapter 11 proceedings under the Model Law. Our Director Ashok Kumar led the arguments with the support of his team, Lim Yin Li, …
BLACKOAK DIRECTOR DARIUS TAY WINS IFLR RISING STARS AWARD ASIA-PACIFIC 2021
BlackOak is proud to announce that our director Darius Tay is among the 80 lawyers across 28 practice areas throughout the region who won IFLR’s prestigious Rising Stars Awards Asia-Pacific 2021. He is one of only 3 winners for the practice area of Restructuring and Insolvency. The award recognizes the next generation of influential lawyers …
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SAGE 3 WEBINAR: DISTRESS RESOLUTION INVOLVING LARGE COMPLEX BUSINESSES ACROSS SOUTHEAST ASIA
Our Director Ashok Kumar recently joined Ravindran Navaratnam from Sage 3 and Roshan Thiran from Leaderonomics to share his insights on distress resolution involving large complex businesses across Southeast Asia. Watch the recording here: https://www.youtube.com/watch?v=H6BYOexHpF8 – BlackOak LLC
THE IMPACT OF COVID-19 ON RESTRUCTURINGS IN SINGAPORE, HONG KONG, AND CHINA” – AN ARTICLE PUBLISHED BY THE JOURNAL OF CORPORATE RENEWAL
BlackOak LLC’s Ashok Kumar and Richard Woodworth and Roberta Cheung of Allen & Overy recently penned an article, “The Impact of COVID-19 on Restructurings in Singapore, Hong Kong, and China,” for the Journal of Corporate Renewal (JCR), the official publication of the Turnaround Management Association (TMA). View the article on your desktop or download the …
THE RIGHT OF ACCESS TO PERSONAL DATA BY INDIVIDUALS UNDER REGULATIONS OF THE EUROPEAN UNION, TURKEY, & SWITZERLAND
In the last three decades, the ongoing digital (r)evolution and the growth in (cross-border) flows of personal data among and between public and private actors have increased the need to safeguard the fundamental rights of individuals. As a result, laws protecting most notably the right to privacy have been enacted in the EU and beyond …