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Article

Herbert Smith Freehills LLP | United Arab Emirates | 8 Oct 2010

Directors' duties in the UAE - what are the potential personal liabilities?

In the current economic climate, companies, their shareholders and other stakeholders will often take a hard look at the role of management in relation to any questionable transaction or other commercial problems.

Article

Herbert Smith Freehills LLP | United Kingdom | 31 Mar 2010

Commercial Court finds that economic downturn does not constitute force majeure

In Tandrin Aviation Holdings Ltd v Aero Toy Store LLC 2010 EWHC 40 (Comm), Mr Justice Hamblen awarded summary judgment against a party who sought to argue that the stark change in market conditions triggered a force majeure clause.

Article

Herbert Smith Freehills LLP | United Arab Emirates | 11 Feb 2008

Foreign retailers in the UAE

In recent years, many European retailers have sought to launch operations in lucrative markets in the Middle East.

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