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Chapter 11 of the North America Free Trade Agreement (NAFTA) was the first international trade agreement provision to give foreign investors a direct cause of action for investment disputes against the host government in a…more
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At the November 12, 2011 Asia-Pacific Economic Cooperation (APEC) summit in Hawaii, both Canada and Mexico – signatories to the North American Free Trade Agreement (NAFTA) – announced their intention to join…more
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Blessed with a shared commitment to democracy, similar geography and climate, and large, thriving domestic markets, India and Mexico have continued to deepen their partnership in the global economy. New investment flows in…more
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Brazil, as the seventh largest economy in the world, and the fifth largest nation in terms of land mass, continues to present great market opportunities to foreign investors. Product or service suppliers can enjoy great…more
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While conventional financial markets in Western Europe and North America are in turmoil, there is a refreshing burst of optimism in the world of Islamic finance. Largely shielded from the financial crisis, although not entirely…more
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Most company executives often focus on setting up businesses in new jurisdictions, expanding an existing business or improving the quality of their goods or services. However, they often overlook the critical need to protect…more
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Fueled by tremendous growth potential and an increasingly progressive regulatory environment, the Middle East is fast becoming a hotbed of M&A activity. Today, for example, the UAE is experiencing an upsurge in cross-border…more
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Political and social turmoil often disrupt business operations. And when we’re talking about revolutions like those seen throughout the Middle East this year, those disruptions — and the associated costs — significantly magnify…more
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In a significant move, the Dubai government recently expanded the jurisdiction of the Dubai International Financial Centre Courts (the “DIFC Courts”) which will allow any parties, even those not incorporated within the DIFC free…more
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As the United States battles high unemployment rates amidst announcements of massive layoffs by the country’s largest employers, Brazil is experiencing the lowest unemployment rate in its history. The second largest country in…more
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Since 1987, the United Nations, the United States, and the European Union, among others, have levied significant economic sanctions against Iran. The goal of these sanctions is to force Iran to suspend uranium enrichment and…more
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The most common cause of litigation in Colombia between foreign companies and their Colombian distributors has been the severance payment from the principal to the agent upon termination of any commercial agency agreement — an…more
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Hooters, the world famous – if not oddly tacky – restaurant known for its overly-friendly female waitresses and buffalo wings, has recently filed suit in a U.S. federal court against an up-and-coming competitor, the Twin Peaks…more
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In recent years, the government of Dubai has arrested and charged a number of senior corporate executives from financial and real estate firms in connection with allegations of fraud and illegal financial transactions. With the…more
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In this Issue: Hooters Sues Competitors for Trade Secret Theft; Things to Consider Before Hiring Employees in Brazil; Legal Issues With Appointing Commercial Agents in Colombia; Sanctions in Iran: Are They Effective?; and Dubai…more
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