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نظرة داروينية لتطور التشريعات التجارية في ظل الأزمات المالية
Other Title(s)
A Darwinian perspective on the evolution of commercial laws in financial crisis
Author
Source
Issue
Vol. 2018, Issue 2-3 (31 Aug. 2018), pp.1-28, 28 p.
Publisher
Qatar University College of Law (Previously) / Qatar University Qatar University Press (Currently)
Publication Date
2018-08-31
Country of Publication
Qatar
No. of Pages
28
Main Subjects
Abstract AR
Conditions precedent to Farmout Agreements (FOA) are critical in ensuring that an agreement is fulfilled under conditions that are protective of the parties’ interests in the agreement.
Conditions precedent offer parties an escape route from a project if certain approvals are not obtained or if other unexpected circumstances render the project legally or technically infeasible.
In the context of FOAs, parties may make their agreement to a project contingent upon governmental approvals, the farmee’s timely drilling of wells, or environmental assessments, for example.
Generally, if one or several conditions have not been fulfilled by a certain date, the parties may have the right to terminate the contract.
As with any contractual clause, ambiguous or contentious conditions precedent are likely to foment disagreement among parties and may result in disputes.
Though many ambiguities can be avoided through precise language and careful drafting, it is not always possible to avoid the host of potential disagreements regarding the correct interpretation of a contract.
For seamless resolution of disputes, parties to a FOA must carefully select their FOA model in light of the parties’ specific positions and interests.
This article endeavors to provide a limited overview of conditions precedent in FOAs for students and young practitioners, and highlight possible dispute resolution planning techniques for use in practice.
Abstract EN
This research studies the evolution of commercial laws during financial crises and the reciprocal relationship between the development of commercial laws and financial and economic crises.
The paper is divided into four sections.
The first section offers an overview of the historical development of commercial laws in light of various financial crises, especially in the United States of America, since the beginning of the 20th century.
The second section addresses the impact of the financial crisis that hits the world economy in 2008.
It also looks at the legislative interventions of an economic nature.
The third section deals with the legislative interventions in the United States of America, as a result of the financial crisis of 2008.
It highlights the reforms that took place in the financial sector resulted in the introduction of one of the most current important legislation.
This section also addresses the most important legislative objectives of the law of financial reform and then moves to the so-called “Volcker Rule”.
Finally, this section reviews the legal framework of “Whistleblower Protection Policy”, and deals with the legal framework of systematic risk companies “Too Big to Fail”.
American Psychological Association (APA)
الزميع، فهد علي. 2018. نظرة داروينية لتطور التشريعات التجارية في ظل الأزمات المالية. المجلة الدولية للقانون،مج. 2018، ع. 2-3، ص ص. 1-28.
https://search.emarefa.net/detail/BIM-911373
Modern Language Association (MLA)
الزميع، فهد علي. نظرة داروينية لتطور التشريعات التجارية في ظل الأزمات المالية. المجلة الدولية للقانون ع. 2-3 (2018)، ص ص. 1-28.
https://search.emarefa.net/detail/BIM-911373
American Medical Association (AMA)
الزميع، فهد علي. نظرة داروينية لتطور التشريعات التجارية في ظل الأزمات المالية. المجلة الدولية للقانون. 2018. مج. 2018، ع. 2-3، ص ص. 1-28.
https://search.emarefa.net/detail/BIM-911373
Data Type
Journal Articles
Language
Arabic
Notes
يتضمن هوامش.
Record ID
BIM-911373