Commerce

April 6, 2017 - April 13, 2017

CLDP to sponsor Middle East Law Schools to compete in the 24th Annual Willem C. Vis International Commercial Arbitration Moot

On April 6-13,2017, CLDP sponsored three Middle East law schools: Iraqyia College of Law of Iraq, Faculty of Legal, Political and Social Sciences of Tunis, and University of Jordan to participate in the 24th Annual Willem C. Vis International Commercial Arbitration Moot (Vis Moot) in Vienna, Austria. 

March 29, 2017

Bahrain: CLDP Organizes High-Level Roundtable on Insolvency Legislation

On March 29, in Manama, CLDP led a Roundtable in close coordination with the Bahrain Chamber of Commerce and Industry (BCCI), the National Assembly, the Ministry of Industry and Commerce (MOIC), AmCham Bahrain, and other key private sector stakeholders to discuss proposed insolvency legislation and its effect on small-and medium-sized enterprises (SMEs) in Bahrain. US Ambassador William Roebuck provided opening remarks and noted CLDP's accomplishments in Bahrain over the past 10 years, including significant improvements to Bahrain's World Bank Doing Business rankings as a direct result of CLDPs work. The Ambassador noted that from 2016-2017, Bahrain improved by 70 positions on the "starting a business" indicator rankings, i.e. business registration laws, a main area of focus for CLDP’s technical assistance.  

Most importantly, the Roundtable offered an interactive forum for stakeholders to discuss key areas of concern as they related to the draft law, including benefits to SMEs in Bahrain, directly with civil service and elected government officials. By the conclusion of the Roundtable, all parties agreed that they were interested in seeing implementation of a new insolvency law reflecting international best practice and provided a list of recommendations to be considered during the drafting process. Furthermore, following the conclusion of the Roundtable, US Embassy Manama and BCCI put out a joint press release in support of the draft law, which was extensively covered by news media.

March 26, 2017 - March 28, 2017

Bahrain: CLDP Leads Workshop on Drafting Insolvency Law

On March 26-28, in Manama, CLDP organized a workshop on insolvency and best practices on drafting insolvency laws for the legal advisors and legal researchers of the Council of Representatives (COR), the lower house of Bahrain's National Assembly. CLDP experts led discussions with the participants on the policy considerations and economic growth impact of robust insolvency mechanisms, in particular with respect to small-and medium-sized enterprises. The Ministry of Industry and Commerce (MOIC) presented a draft insolvency law that was developed through direct consultation with CLDP. CLDP experts and MOIC staff discussed with participants the cost-benefit of implementing laws and adjudication processes necessary to enforce insolvency proceedings. The projected timeline for the draft insolvency to be considered by the National Assembly is late 2017, making the workshop particularly timely as the COR legal advisors and researchers will have to provide significant support to Members of the COR over the next several months. This workshop is part of a multi-phase program on legislative drafting and capacity building for the COR legal advisors, focusing on commercial legislation.

March 26, 2017 - April 2, 2017

Afghanistan: Vis East Moot Competition 2017

CLDP ponsorsed law students from 3 Afghan universities to participate in the 14th Annual Willem C. Vis East Moot Competition in Hong Kong on March 26 - April 2, 2017. 

March 22, 2017 - March 24, 2017

CLDP to Conduct Renewable and Thermal Power Purchase Agreements Workshop in Sri Lanka

CLDP lead a 3-day workshop on Renewable and Thermal Power Purchase Agreements on March 22-24 in Colombo, Sri Lanka.  It was the second energy workshop that CLDP conducted in Sri Lanka and was part of a larger regional program on integration of the power sector.

March 21, 2017 - March 22, 2017

Pakistan: Competition Law Workshop Phase III

CLDP conducted a Competition Law Workshop on Abuse of Dominance for the Competition Commission of Pakistan (CCP) from March 21-22, 2017 in Islamabad.  

March 17, 2017 - March 19, 2017

CLDP Organizes Workshop on Franchising and Franchise Expo Visit

CLDP hosted a delegation of franchising stakeholders from Algeria and Tunisia, including government officials and private-sector representatives, in Paris, France from March 17-19, 2017, for a workshop and expo visit focused on international franchising.

March 14, 2017 - March 17, 2017

Bahrain: Workshop on Developing New Bankruptcy Law

From March 14-17, CLDP organized a workshop in Singapore for an interagency delegation of Bahraini officials to develop a new legal framework for bankruptcy. Bahrain does not currently allow for company reorganization and limits the role of creditors in the liquidation process.  By developing a new bankruptcy framework, Bahrain is seeking to provide a more efficient mechanism for creditors to maximize their recoveries and for debtors to potentially salvage their businesses. This will ultimately increase the availability of credit in the market and stimulate economic growth, creating new opportunities for U.S. exporters. At a time of low oil and gas prices, Gulf countries depend on the emergence of a diversified small and medium enterprise sector. Modern bankruptcy laws are a key condition of such emergence.

The audience included lawyers from Bahrain’s Ministry of Industry, Commerce and Tourism in addition to a member of Bahrain’s Shura Council--the upper house of Parliament, legal advisers from both houses of Parliament, and representatives of the Central Bank and the Economic Development Board. The workshop was led by a U.S. Bankruptcy Judge from Puerto Rico and a senior partner from a U.S. law firm and featured presentations by bankruptcy professionals, judges, and accountants based in in Singapore. Singapore is known globally for its robust bankruptcy procedures which have resulted in one of the world’s highest recovery rates for creditors. As a result of the workshop, the Bahrain delegation has finalized a timeline for the completion of the first draft of the law and developed a framework that it will present to the private sector and other stakeholders for comments. The costs of the program were co-financed by the Government of Bahrain.

February 20, 2017 - February 21, 2017

CLDP Co-Sponsors Franchise Workshops in Tunisia

CLDP and AC Franchise organized two franchising workshops in Tunis, Tunisia from February 20-21, 2017. 

February 17, 2017 - February 19, 2017

Bosnia and Herzegovina: CLDP Organizes International Arbitration Pre-Moot Competition for Law Students at Tech Company

CLDP held a three-day Vis International Commercial Arbitration Moot Training and Competition in Mostar, BiH on February 17-19, 2017. The program focused on the third and final element of the Vis Moot preparatory process: oral advocacy.