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Obeid Law Firm | Lebanon | 1 Oct 2020

Arbitration in Lebanon: overview

Lebanon has been experiencing an ongoing severe financial, economic and social crisis, which has been further exasperated by the COVID-19 pandemic and the Beirut Port explosion. This situation may give rise to arbitration claims which are subject to Lebanese law or seated in Beirut. As such, this article provides a brief overview of the legislative framework for arbitration in Lebanon.
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Obeid Law Firm | Lebanon | 14 Jul 2020

Landmark decisions in banking sector amid ongoing COVID-19 and economic crisis

Despite the lockdown and its impact on court activities, decisions have been handed down by judges of summary proceedings in an attempt to restore the rule of law in response to the de facto capital controls imposed by local banks. This article provides an overview of the judicial measures adopted in response to the COVID-19 pandemic and an overview of court decisions rendered against local......
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Obeid Law Firm | Lebanon | 3 Jun 2020

Employer-employee relationships amid COVID-19 pandemic

The government has adopted exceptional measures to manage the spread of COVID-19. These measures have had an unprecedented impact on employers and employees, which have been adjusting to the rapidly changing situation triggered by the pandemic and the national economic crisis. Faced with the intensifying economic impact of both crises, business owners have been forced to introduce adequate......
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Obeid Law Firm | Lebanon | 1 Jun 2020

COVID-19: impact on contractual obligations

The COVID-19 pandemic has highlighted the importance of using force majeure to repudiate the performance of burdensome contractual obligations that were undertaken before the pandemic. This article discusses Lebanon's approach with regard to the COVID-19 outbreak and its potential characterisation as a force majeure event by discussing recent developments and the general framework for force......
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Obeid Law Firm | Lebanon | 25 Feb 2020

Public-private partnerships

In 2017 Parliament passed Law 48 Regulating Public-Private Partnerships (PPPs). The law aims to attract foreign direct investment and bring specific expertise to Lebanon. Further, it institutes a legal framework that is, to a certain extent, in line with international standards and presents no particular red flags. This article analyses the new legal framework for PPPs in Lebanon, the......
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Farran Law Firm | Lebanon | 24 Sep 2019

Only Lebanese courts can settle disputes between foreign companies and Lebanese exclusive representatives

The Beirut Supreme Court has ruled that arbitration clauses in exclusive distribution agreements signed with Lebanese representatives are invalid. Thus, only Lebanese courts have jurisdiction to settle disputes between the parties to such agreements. By adopting this approach, the Beirut Supreme Court has enforced the traditional position which grants Lebanese exclusive distributors a high......
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Alem & Associates | Lebanon | 10 Jun 2019

Council of Ministers launches second offshore licensing round

The Council of Ministers recently launched the second offshore licensing round for oil and gas exploration in numerous blocks. It also approved the updated tender protocol and approved updates to some articles of the model exploration and production agreement. The Lebanese Petroleum Administration has invited interested companies to combine their bidding efforts by forming consortiums. This......
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Farran Law Firm | Lebanon | 28 May 2019

Appeal court rules on shareholders' right to file claims against companies, chairs and directors

In a notable decision, the Beirut Appeal Court highlighted the requirements that shareholders must meet in order to submit claims against their company or its chair or directors. In its decision, the court held that while shareholders' personal rights are protected by their ability to challenge their company's management through an individual or company action, their claims should be......
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Alem & Associates | Lebanon | 18 Feb 2019

New transparency law in oil and gas sector aims to fight corruption

Preventing corruption is a key challenge faced by the oil and gas sector worldwide. This is particularly true in developing countries, as the high level of financial resources generated by recent discoveries can create a breeding ground for corruption and abuse. Lebanon recently took a major step towards achieving transparency and accountability in this regard when it adopted Law 84 on......
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Farran Law Firm | Lebanon | 12 Feb 2019

Beirut Supreme Court confirms that trademark ownership is acquired through use, not registration

In a drawn-out dispute between the Kataeb Political Party and The Modern Media Company (MMC), the Beirut Supreme Court has confirmed that ownership of a trademark or trade name is acquired through use and not through registration with the relevant authorities. However, the MMC believes that the court made a serious error in its decision and has thus appealed to the country's highest court.
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