Saudi Arabia

June 21, 2018 - June 22, 2018

Saudi Arabia: CLDP Hosts Saudi Center for Commercial Arbitration

On June 21 and 22, in Washington DC, CLDP hosted representatives from the Saudi Center for Commercial Arbitration (SCCA), a recently created international alternative dispute resolution center affiliated with the Saudi Chambers of Commerce to resolve commercial disputes in Riyadh.  CLDP has worked with SCCA since its inception to ensure that there are alternative dispute resolution options in Riyadh to help resolve international commercial dispute for US and Saudi companies alike.  SCCA provides a reliable option for dispute resolution that is attractive to Saudi litigants who prefer to manage their commercial disputes in Riyadh rather than in other places in the Gulf Cooperation Council.  As a center based on international commercial dispute resolution standards, SCCA also provides an attractive option for U.S. and international companies that would normally try to resolve disputes in New York, Dubai, London, or Paris.  SCCA’s development coincides with significant commercial dispute resolution reform in Saudi Arabia, such as the recent Ministry of Justice decision to honor $3.4 billion in foreign court rulings, demonstrating Saudi’s commitment to upholding high standards for contract enforcement in the Kingdom.

April 16, 2018 - April 20, 2018

Saudi Arabia Consultations on Implementing New Bankruptcy Law

From April 16 – 20, CLDP hosted a delegation of 16 judges and government officials from Saudi Arabia, headed by the Deputy Minister of Justice, for consultations on developing a successful bankruptcy system in Saudi Arabia and improving the transparency and efficiency of its commercial courts.

April 16, 2018 - April 20, 2018

Saudi Arabia: CLDP Organizes Consultations on Implementing New Bankruptcy Law

From April 16-20, a delegation of 16 judges and government officials from the Kingdom of Saudi Arabia (KSA), headed by the Deputy Minister of Justice, participated in consultations on developing a bankruptcy system in KSA and improving the transparency and efficiency of its commercial courts. Participants attended a bankruptcy trial in the U.S. Bankruptcy Court of the Southern District of New York, as well as commercial cases in the U.S. District Court for the Southern District of New York and the New York State Supreme Court’s Commercial Division. The participants learned about the process by which bankruptcy cases are adjudicated in the U.S.; how a transparent and predictable bankruptcy system can help attract foreign investment; the role of court automation and case management technology in ensuring efficient and transparent adjudication of disputes; and valuation methods and the enforcement of cross border bankruptcy judgments, which is becoming increasingly important with the global nature of commercial lending. Earlier this year, KSA promulgated a new bankruptcy law that provides debtors and creditors with court supervised solutions for failing companies, including business restructuring. CLDP was instrumental in the development of the new law and is now collaborating with the Government of Saudi Arabia to train the judges that will preside over insolvency proceedings and the government stakeholders that will regulate the bankruptcy system.

February 21, 2018

Middle East, North Africa, Afghanistan, and Sri Lanka: CLDP Sponsors the 4th Annual Middle East Pre -Moot Arbitrator Roundtable

On February 21, CLDP, in coordination with the Royal University for Women, the Bahrain Chamber for Dispute Resolution, Mena Chambers Bahrain, UNCITRAL, and ICC, hosted the 4th Annual Middle East Arbitrator Roundtable at the Royal University for Women in Manama, Bahrain.  The Roundtable was led by Dr. Stefan Kroll of the Vis Moot Organization, Professor Ron Brand of the University of Pittsburgh’s Center of International Legal Studies, and Ryan Harrington of UNCITRAL. More than 70 arbitrators from around the world participated and in sessions focused on addressing current developments in international trade and investment arbitration.  The program was conducted on the margins of CLDP’s 8th Annual Middle East Vis Pre-Moot program and provided an unique opportunity for current transactional lawyers to connect with the next generation of future arbitrators.  Participants discussed current changes in arbitration law and practice and prepared themselves to serve as judges in simulated arbitration rounds.  The Roundtable has become an annual event that has developed a community of legal practitioners in championing the practice of effective contract enforcement and dispute resolution.

February 19, 2018 - February 20, 2018

Saudi Arabia/Bahrain: Regional Conference for Saudi and Bahraini Stakeholders on Implementing a Successful Bankruptcy System

On February 19-20, CLDP, in coordination with the Saudi Ministry of Commerce and Investment and the Saudi Ministry of Justice, organized a conference for Saudi and Bahraini judges, government officials, accountants and other stakeholders on how to develop the institutions and capacity needed to implement a bankruptcy system that maximizes credit recovery and stimulates economic growth. The conference was hosted at the newly completed Saudi Judicial Training Institute and included at least 30 Saudi judges in addition to Saudi accountants, government officials and lawyers. The conference also included a high level Bahraini delegation, headed by Abdulrahman Bu-Ali, Chairman of the Bahraini Parliament’s Finance Committee in addition to the principal authors of its draft bankruptcy law, a representative of the private sector and two representatives of the Bahrain Economic Development Board.  The conference sessions were led by two Federal Bankruptcy Judges, Brian Tester and Martin Glenn (Puerto Rico and SDNY), in addition to a bankruptcy lawyer with significant international experience.

The conference took place immediately following the King of Saudi Arabia’s signature of their new bankruptcy law, which revolutionizes the legal framework for Saudi businesses by providing court supervised solutions, such as reorganization and protective settlements, to failing businesses instead of simply liquidation or worse, jail time, as was the case previously in Saudi Arabia for debtors unable to fulfill their obligations. Bahrain is also in the process of developing a new bankruptcy code that would provide similar solutions and its draft law will likely be submitted to its Parliament later this Spring for review. CLDP, with renewed State Department (MEPI) funding, will continue to work with the Saudi and Bahraini governments and judiciaries to develop their capacities to implement these new laws over the next three years to maximize their benefits to the economies and particularly to the small businesses in these two countries.

February 19, 2018 - February 23, 2018

CLDP sponsors the 8th Annual Middle East Vis Pre-Moot

On February 19-23, CLDP, in partnership with the Royal University for Women, the Bahrain Chamber for Dispute Resolution, Mena Chambers Bahrain, UNCITRAL, and ICC, hosted the 8th Annual Middle East Vis Pre-Moot at the Royal University for Women in Manama, Bahrain.  The program brought together 15 teams consisting of over 90 students from Afghanistan, Bahrain, Iraq, Jordan, Kuwait, Lebanon, Saudi Arabia, Sri Lanka, Tunisia and the United Arab Emirates for extensive clinical training in oral advocacy as well as simulated arbitrations.  The program consisted of three days of training and two days of competition.  The training was conducted by former Vis Moot champions and mentors, and Professor Ronald Brand from the Center of International Legal Studies, University of Pittsburgh.  Additionally, the competition was arbitrated by over 70 legal practitioners from across the globe.  

December 13, 2017 - December 14, 2017

Saudi Arabia: CLDP Trains Women Law Students for International Commercial Arbitration Vis Moot Competition

On December 13 – 14, CLDP will conduct an international commercial arbitration writing and oral advocacy training program for the reigning-champion, all-women Vis Moot team from Dar Al-Hekma College of Law.  For several years, CLDP has provided start-up assistance and continued training to the team, and its women law students continue to exceed international expectations by maintaining their lead in regional competition for the previous 4 years.  This month’s training program is conducted in preparation for the 8th Annual Middle East Vis Pre-Moot and the 25th Annual Willem C. Vis Moot International Commercial Arbitration Moot, where arbitrators from around the globe are looking for the team to make it to the renowned Round of 64 in the competition.  Since 2014, the Dar Al-Hekma’s Vis Pre-Moot program has graduated over 30 women who are now working as legal professionals in international law firms, serving as high level officials in government, or have joined as law faculty at Dar Al-Hekma.