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Investors turn to private investment funds (PIF), like private equity funds and hedge funds, in search of investment returns that outpace public market investments like stocks and bonds. Though smaller than the public market,...
Responding to both the two-year anniversary of Russia’s invasion of Ukraine and the February 16, 2024, death of Russian opposition leader Aleksei Navalny, the United States on February 23, 2024, imposed new sanctions and...
A Price Review Clause For a Buyers May Give Flexibility to Natural Gas/LNG Sale and Purchase Contracts – Part II
February 19, 2024
In part one of this two-part series regarding price review clauses, I discussed whether these clauses are necessary in LNG sale and purchase contracts, and considerations buyers should keep in mind when drafting and...
A Price Review Clause For a Buyer May Give Flexibility to LNG Sale and Purchase Contracts – Part I
January 30, 2024
In recent years, liquefied natural gas (LNG) prices have reflected the turbulence of global markets. Driven by complex factors like geopolitical events, increasing environmental regulations, and innovations in energy...
In late December 2023, President Biden issued Executive Order (“E.O.”) 14114, “Taking Additional Steps With Respect to the Russian Federation’s Harmful Activities.” E.O. 14114 amends E.O. 14024 and E.O. 14068 by...
What the Construction Industry Should Know About the New KSA Civil Transactions Law’s Introduction of Vicarious Liability
December 1, 2023
On 13 June 2023, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Crown Prince and President of the Council of Ministers, announced the Council of Ministers’ approval of the Civil Transactions Law (the...
Transforming the Tax Landscape: Understanding the Impact of CIT Law on UAE Free Zones
November 22, 2023
The introduction of the Corporate Income Tax (CIT) Law in the United Arab Emirates (UAE) marks a significant transformation in the region’s tax landscape, particularly affecting the UAE’s renowned free zones. These...
A Closer Look at Federal Decree-Law No. (20) of 2023: New Jurisdictional Rules for Labour Disputes in the UAE
October 24, 2023
Recently, His Highness Sheikh Mohammed bin Zayed Al Nahyan, acting in his role as the President of the United Arab Emirates, promulgated Federal Decree-Law No. (20) of 2023. This new legislation revises several elements of...
What Saudi Arabia’s Adoption of the United Nations CISG Means for Companies Doing Business There
September 26, 2023
The United Nations Convention on the Contracts for the International Sale of Goods (“CISG”) is an international treaty governing contract formation and party performance of cross-border agreements for the sales of goods....
KN Legal Partner Mark Thurber is being recognized again as one of the top attorneys in Houston for energy law in the 2024 edition of The Best Lawyers in America. Mr. Thurber has earned a spot in the guide to the country’s...