Performance bonds in Qatar — contracts strike back
Queries raised by Al Tamimi’s clients in recent months, and discussions in wider industry circles in Qatar, would indicate that there is a high incidence of seemingly arbitrary calls on performance bonds, causing real headaches to contractors in this jurisdiction. This article sheds some light on the treatment of performance bonds under Qatari law. In particular, it identifies the ways in which a contractor may resist the arbitrary encashment of such instruments.
Click on the link above to download the briefing.
News from Al Tamimi & Company
Al Tamimi appoints Chris Appleby as regional head of technology, media and telecoms
Ahmed Jaafir from Al Tamimi presents on Qatar exporting opportunities at seminar
International Who's Who of Business Lawyers recognises Al Tamimi lawyers
Al Tamimi announces partner promotions across the Middle East
Kingdom of Saudi Arabia issues 'keenly anticipated' finance laws
News from The Lawyer
Briefings from Al Tamimi & Company
Post-termination restrictions: how useful is a stick without a carrot?
It is debatable how useful post-termination restrictions are and to what extent they can really provide any protection.
Piercing the corporate veil under the new Kuwait Companies Law
Under the new Companies Law No 25 of 2012, there are several utilities available for stakeholders to hold certain individuals accountable for their actions.
