The legal and technical teams at HCLA and BE-NEXEL are collaborating on a series, “From Courtrooms to Algorithms,” that explores the evolving relationship between new technologies and legal structures. The first part of our roundup highlights three cases: • SyRI case,• Toeslagenaffaire (The Dutch childcare benefit scandal),• Bunq vs. DNB case. This executive summary is…
The HCLA has published a summary report on Foreign Direct Investment and Arbitration in the Kingdom of Saudi Arabia. This summary is part of the ‘Think Global, Go Global‘ programme and aims to provide readers with an overview of the Kingdom’s investment and arbitration laws, highlighting the country’s economic growth and investment diversification objectives as…
As part of the “Think Global, Go Global” programme, HCLA and NEXEL will publish summaries of research papers that provide in-depth analysis of the legal and business environment in four selected countries: the Kingdom of Saudi Arabia, the Sultanate of Oman, the Republic of Azerbaijan, and the Republic of Uzbekistan. Despite the ease of access…
Recent geopolitical developments in the Middle East have created new opportunities for investors seeking stable markets and resources. On 10 March 2023, China’s mediation efforts led to the restoration of diplomatic relations between the Kingdom of Saudi Arabia and the Islamic Republic of Iran. The two countries agreed to renew cooperation in a range of…
HCLA has prepared and finalized the first part of the White Paper series focusing on crypto assets operating in the EU, as per the regulatory proposal put forward by the EU Commission to the legislative mechanism of the EU. The proposal is intent on creating a harmonized system for issuing crypto-assets and a parallel system…
The long anticipated interpretative judgment of the European Court of Justice (‘ECJ’) in Case C-124/20 has at long last been handed down as of 21st December 2021. The interpretative judgment regards the extra-territorial effects of sanctions imposed by Third Countries, on countries operating within the EU jurisdiction. The largest sanction emitter in the world is…
In the contemporary digital era, the potentially fast-changing nature of cryptocurrency has the potential to be a very lucrative opportunity for all interested retail investors, speculators, hedge funds, and a multitude of institutional investors. Akin to the old gold rush mentality comes the same revolving problems; namely, even though crypto-based investments have the possibility of…
In nearly all arbitration cases, clients always ask a typical question: “What should we have done to avoid litigation and arbitration?” Evidently, there is no simple single answer or a preset formula that would allow companies to avoid lengthy and costly litigation and arbitration proceedings. Nevertheless, there are certain guidelines, compliance with which can mitigate…
Companies intending to conduct business in other countries generally seek the advice of national and international legal and business experts to review the target market, the relevant rules and regulations, and all potential benefits and risks. However, the question remains: why is there still a rapid increase in the number of business disputes around the…
It is always exciting to hear stories about cities and nations with a very rich cultural, commercial, and artistic history. Looking at the pages of the nations’ history, we can still hear with our hearts the sound of the bells of the caravans, exporting goods and arts from Samarkand and Bukhara to all over the…
