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The most important new feature in the Swedish Public Procurement Act - the legislation on framework agreements

Anna Ulfsdotter Forssell - Advokatfirman Delphi

The implementation of the rules on framework agreements that is provided for in Directive 2004/18/EC on the coordination of procedures for the award of public works contracts, public supply contracts and public service contracts (the Directive) is optional.

Battle Stations! Defence companies go on the alert over new EU Procurement Directive

Ciara Kennedy-Loest - Lovells LLP

Nicolas Pourbaix - Lovells LLP

Recent changes at EU level mean that member state governments will soon have to put their purchases of national defence or security-sensitive equipment out to competition across the EU.

The Default Arbitration Clause in Standard Form Contracts: Time to Revisit?

Jude P Benny - Joseph Tan Jude Benny LLP

Historically, London has been the centre of all things maritime. Notwithstanding the decline of its status as a port, London has managed to stay relevant to the maritime world by virtue of its status as a trading hub, and the ancillary services that congregate around the city, to support the trading activities.

The Credit Crunch: Impact on Shipping Contracts

Jonathan Lux - Ince & Co

Victoria Waite - Ince & Co.

Jonathan Lux

The past few months have seen an almost unprecedented global financial crisis - slumping stock markets, extremely volatile exchange rates and massive government intervention, in the banking sector in particular.

Of Liens and Letters of Undertaking: The Third Circuit Gets It Right

Jeremy Harwood

Jeremy JO Harwood

The Third Circuit's recent precedential decision in Petroleos Mexicanos Refinacion v MT KING A, (554 F3d 99 3d Cir 2009), reversing the New Jersey District, has narrowly averted a major misdirection of US admiralty lien law and blow to the efficacy of P&I Club letters of undertaking.

Global Market Turmoil & the Demise of the Hyper-Specialised Capital Markets Lawyer

Ashar Qureshi

Ashar Qureshi

Towards the end of the last century, Francis Fukuyama was famously (somewhat mis-) quoted as saying that the end of history had arrived. He was even more famously proven wrong.

Weathering the Storm

Dan McCarthy - deputy general counsel, Hewlett-Packard Company

Dan McCarthy

As we move forward into the worst economic times since the Great Depression there is no shortage of bad news: almost every country and industry has been adversely affected; some banks have failed, others have been nationalised and all seem reluctant to lend; numerous companies have filed for bankruptcy and most are slashing costs hoping to live to fight another day; and M&A activity is in the doldrums.Fear, uncertainty and doubt seem to be the order of the day.

Breaking the Chapter 11 'Tsunameter'

Evan D Flaschen

Ilia O'Hearn - Bracewell & Giuliani LLP

Evan Flaschen

The subprime mortgage debacle that led to the fall of colossal financial institutions such as Bear Stearns and Lehman Brothers in 2008 has been the temblor generating the recent tsunami of global restructurings and chapter 11 filings in the United States.

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