by Tamer Khalifa | Jul 31, 2021 | Articles, Civil Code, Construction law
he maxim of Pacta Sunt Servanda Pacta sunt servanda is an overriding feature of the law of contract. It is a Latin phrase meaning “agreements must be honoured.” Under this maxim, parties to a contract are under strict obligation to abide by the terms of their...
by Tamer Khalifa | Jul 6, 2021 | Articles, Construction law
Letters of Credit – Are they really the life blood of international commerce? In international trade where buyers and sellers are located in different countries, there is little comfort about the credit worthiness and business standing of the parties. To...
by Tamer Khalifa | Jun 22, 2021 | Construction law
The term “Force Majeure” originates from the French Code Napoleon (now the “Code Civil”) which states “There is no place for any damages when, as a result of Force Majeure… the debtor has been prevented from… doing that to which he...
