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Paris Court of Appeal Addresses Constitution of Tribunal in OIC Investment Arbitration | King & Spalding

To embed, copy and paste the code into your website or blog: On March 23, 2021, the Paris Court of Appeal issued a decision with important ramifications for investors pursuing arbitration under the Agreement for the Promotion, Protection and Guarantee of Investments Among Member States of the Organisation of the Islamic Conference (“ OIC Agreement” or “ Agreement”). 1 Such investors often confront difficulty at the outset of the arbitral proceedings in constituting a tribunal under the OIC Agreement because of a double failure: the failure of the respondent state to appoint a co-arbitrator, and the failure of the Secretary General of the OIC to exercise his authority under Article 17(2)(b) of the OIC Agreement to make the appointment in lieu of the respondent state.

Maurel plans 2021 production boost - News for the Oil and Gas Sector

Maurel plans 2021 production boost Maurel et Prom intends to restart drilling in Gabon, on its Ezanga permit, this summer in a bid to recover production losses. Maurel et Prom Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up to our newsletter. Something went wrong - please try again later. Sign Up Maurel et Prom intends to restart drilling in Gabon, on its Ezanga permit, this summer in a bid to recover production losses. Gabon contributed 15,120 barrels per day of oil during the first quarter, down 23% from the first quarter. Total production for Maurel was 25,240 boepd, down 13%.

French Court Dismisses Union Claims in First-Ever Class Action Labor Discrimination Case | Skadden, Arps, Slate, Meagher & Flom LLP

French Court Dismisses Union Claims in First-Ever Class Action Labor Discrimination Case | Skadden, Arps, Slate, Meagher & Flom LLP
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The Loss Of The Leased Property : The Legal Basis Relied Upon To Relieve A Commercial Lessee From Its Obligation To Pay The Rent During The First Lockdown - Real Estate and Construction

As indicated in a recent article   1, the payment of commercial rents during successive lockdown periods is an issue that has given rise to numerous disputes. In that article, we pointed that arguments based on force majeure, unforeseeability (a French law concept close to that of hardship) or non-performance, often used by lessees as a justification for not paying rent, had been dismissed in the majority of court decisions handed down on this subject. In this context, the preferred course of action seemed to be the renegotiation of the lease agreement and its adaptation to the circumstances, as per the principle of good faith that governs the

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