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News 18/02/2021
Kennedys strengthens financial lines team in Latin America and Caribbean with key hire
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Article 26/01/2021
Collaboration in the NRC Project: exploring dispute resolution under NEC
This is the fourth of our series of articles providing an introduction to the NEC (New Engineering Contract) series of contracts, in light of its proposed use on the Reconstruction with Changes Project in Peru. In this article we explore dispute resolution under NEC, considering the commonly used options of adjudication and Dispute Avoidance Boards.
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Article 25/01/2021
Enforcement of common and civil law arbitral awards in Latin America and the Caribbean: the Brazilian and Cayman example
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Article 22/01/2021
Bermuda’s “Class of 2020” insurers
Few industries illustrate the tension between the forces of supply and demand as neatly as the insurance industry: locked in a perpetual cycle of fluctuating supply – or “capacity” – with a “soft” market during periods of excess capacity, characterised by lower pricing and broader policy coverage, and a “hard” market during periods of restricted capacity, characterised by higher pricing and narrower policy coverage.
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Article 17/12/2020
Fiscal liability - Update on Colombian Law-Decree 403 and case law in Spain
In this article, we outline relevant provisions of Law Decree 403 and some additional developments that have taken place since, with regard to case law in Spain.
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Article 03/12/2020
Pricing options under the NEC Engineering & Construction Contract
This is the latest of our series of articles introducing new users to the NEC (New Engineering Contract) suite of contracts, with particular focus on its proposed use on the Reconstruction with Changes Project in Peru. Here, we consider the standard pricing options under the NEC Engineering & Construction Contract (ECC).
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Article 02/12/2020
Questions on insolvency and bankruptcy in Latin America and Spain
Many businesses from different sectors and industries around the world have been affected by the crisis caused by the pandemic. Businesses have been forced to close, and there is a heightened risk of bankruptcy.
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Article 05/10/2020
Bridging the gap for the NRC Project: contract considerations
In the second of our series of articles intended to introduce new users to the NEC (New Engineering Contract) suite of contracts, and with particular focus on its proposed use on the NRC Project in Peru, we explore the general principles of NEC design liability.
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Article 17/09/2020
El Niño and the NEC contractual phenomenon
“Fenomeno del Niño” is the name given to an unpredictable weather event specific to the eastern side of the Pacific Ocean.
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Article 15/07/2020
Latin American construction bond insurers look to force majeure for respite
There is no escaping the negative impact of the COVID-19 pandemic on the construction industry in Latin America, both on existing projects and future potential. Each government in Latin America has taken the precautions it has deemed necessary.