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On 8 May 2018, President Trump announced the end of the US’s participation in the Joint Comprehensive Plan of Action commonly known as the Iran nuclear deal, and further announced that the US would be re-imposing sanctions against Iran which had been suspended since 16 January 2016.
Following the US summit between US President Trump and North Korean Supreme Leader Kim Jong-un, we pause here to consider its significance, the impact on US-North Korea relations, and the the position of “neutral” countries on trade sanctions.
We are pleased to announce that we are strengthening our insurance practice with five significant lateral partner hires, considerably enhancing our multi-jurisdiction capabilities.
A number of countries including Bahrain, Egypt, Saudi Arabia and the United Arab Emirates (the G4) severed diplomatic ties with Qatar and introduced unprecedented restrictions.
As has been widely reported, on 5 June 2017 a number of states broke off diplomatic relations with the State of Qatar, and severed a number of other links with Qatar.
On 5 June 2017, Saudi Arabia, the UAE, Egypt, Yemen and Bahrain severed diplomatic and trade ties with Qatar.
Case review 16/06/2017
In this case, the Hong Kong Court of First Instance has ruled that a PRC State-owned enterprise was not entitled to invoke Crown immunity against the execution of a charging order of assets in Hong Kong.
On Monday 5 June 2017, Bahrain, Egypt, Saudi Arabia and the United Arab Emirates (the G4) severed diplomatic ties with Qatar and effective 6 June imposed restrictions on Qatar.
Saudi Arabia, Egypt, Bahrain, the United Arab Emirates (UAE) and Yemen have all cut diplomatic ties with Qatar yesterday, over Qatar’s alleged support for Islamist groups.
Autonomous Demand Guarantees: beneficiary’s belief in validity of its demands and the fraud exception revisited
Recent Court of Appeal decisions provides guidance on validity of demands made under standby letters of credit or other Autonomous Demand Guarantees