Jun 23, 2017 11:40 AMJHI wishes our many friends in the Muslim world a happy Eid al-Fitr. We hope you enjoy the celebration of the spiritual, intellectual and human growth you and your families achieved during the month of Ramadan.We would also like to advise clients and friends who do not observe this holiday to expect office closures throughout the Middle East region, including JHI resources in Saudi Arabia & the United Arab Emirates, during the holiday.
Jul 5, 2016 2:41 PMJHI wishes our many friends in the Muslim world a happy Eid al-Fitr. We hope you enjoy the celebration of the spiritual, intellectual and human growth you and your families achieved during the month of Ramadan, despite the challenges to peace and security during the Holy Month this year. We would also like to advise clients and friends who do not observe this holiday to expect office closures throughout the Middle East region during the holiday.JHI will continue its expansion in the region and hopes that, even as they mourn those lost this past week, the good people of Medina, Jeddah and elsewhere in the Kingdom celebrate God-given life and its highest pursuits.
In the United States, we celebrated the 240th anniversary of our Independence on July 4. These past several weeks have seen barbarity at its worst. With specific reference to the terrorist attack at Medina, we in the Land of Liberty, irrespective of faith, stand with and pray for the innocent victims of that atrocity. Everyone has a right to freedom from terror.
While the savage primitives of ISIS/IL are strongly suspected of coordinating the attack in Medina and other places throughout Saudi Arabia, no group as of the date of this writing has claimed responsibility and the motives of the suicide bomber in Medina are as yet unknown. It was nonetheless a murderous act of barbarity that the whole of the civilized world must reject. ANY "cause" served by the use of Terror as a tactic must, summarily, be deemed illegitimate.
Further, when terrorism is employed, the actors betray their so-called "cause" to be nothing more than a pretext for a war of conquest. This is the reality civilized people across the globe must face with the determination that any such enemy will be defeated and placed in history's rubbish pile, along with so many other would-be tyrants of the past.
Jun 6, 2016 11:28 AMTo all of our friends around the world who observe the Holy Month, we at JHI hope that you and your families enjoy a meaningful period of dedication to fasting, reflection and prayer during these historically challenging times. May your loved ones take this holiday as an opportunity grow closer to each other, your neighbors, the less fortunate and the whole of humanity.
We wish you good health in the year ahead. Ramadan Mubarak!
May 25, 2016 1:50 PM
By R. Jason Huf
Its been quite some time since JHI's last Note or Comment, but that doesn't mean that there hasn't been anything to write about. And, its certainly too much to write about all at once.
With Ramadan just around the corner, should the usual business cycle associated with the Holy Month and High Summer come about, I will make maximum use of the time and write more often:
April was a pretty busy month, inside the office and out. Saudi Arabia's "Vision 2030" was unveiled by Deputy Crown Prince Mohammed bin Salman on April 25. JHI will provide analysis of the KSA's plan for a "post-Oil" economy, and any changes to the laws of the Kingdom resulting therefrom. We will also continue to track legal developments elsewhere in the Gulf region.
Also, as UN Representative for an NGO, I enjoyed the opportunity of hearing United Nations (UN) Secretary-General Ban Ki-moon speak about the UN's Sustainable Development Treaty, the Sustainable Development Goals, and what the private sector (including the Legal Community) can do to help achieve those goals. This was followed by attending several open forums at the UN, and hosting a talk on 'Conflict Minerals' with an expert on the subject.
I also moderated two very successful Continuing Legal Education panels, one on the Foreign Corrupt Practices Act (FCPA) and the other an Ethics course on Attorney "Branding" for international practitioners.
Almost forgot! In March, I had the pleasure of hosting a New York State judge who discussed the Qatari Commercial Courts after returning from his experience teaching new, young Qatari lawyers in Doha.
More recently, after months of deliberations and conversations with colleagues and others I respect, I have come to a decision on JHI's future in the Middle East - and, beyond.
[ for some of the backstory, click here ---> ].
Further details concerning our expansion of capabilities and services, as well as the other topics outlined above, will be distributed in due course.
In the meantime, Happy Memorial Day -- enjoy the start of summer!
- Jason Huf
Wednesday, May 25, 2016
New York, NY
Mar 1, 2016 5:43 PMBy R. Jason Huf
It is with great pleasure, and not without some sense of humility, that I announce my appointment as Representative (Observer) to the United Nations (UN) by the New York County Lawyers' Association (NYCLA), a Non-Governmental Organization recognized by the UN.Observers have access to certain sessions and other events covering a wide range of topics, and I hope to put this exposure to the best possible use of NYCLA and the legal community as a whole. Naturally, my own focus will be on the Middle East and topics important to those involved in the region, from Womens' Rights (and, Human Rights generally) to Banking, Energy, International Corporate Governmence and Trade.
Of course, I am not a "One Man Army" -- I am working
with a terrific team of dedicated professionals, and I
expect great results as we report back to our
colleagues on issues of importance to international
legal practitioners and other concerned classes of
This is an opportunity - and, an honor - that I am
committed to making the most of as our civilization
marches ahead into an age of rapidly-changing times that
may require some thought be put into changing legal
constructs.And, hey, you can't beat Fun...- Jason Huf
It goes without saying that I will provide a report or two via this space as well. Thank you for your continued interest.
Tuesday, March 1, 2016
New York, NY
Sep 22, 2015 1:14 PMDue to some of the logistical challenges associated with measures necessary to maintain security, regulate traffic and otherwise provide for the reasonably successful execution of Pope Francis' visit to New York City, the New York HQ Office of the Law Firm of Jason Huf International in downtown Manhattan will be closed on Thursday, September 24 & Friday, September 25.
The Jeddah office will be closed on Thursday for Eid Al Adha, and the weekend in Saudi Arabia consists of Friday and Saturday. However, Mr. Huf will be available via e-mail in he event his attention is needed.
Our office in the living heart of NYC's Financial District shall resume operations as normal (along with the rest of New York) on Monday, September 28. In the meantime, everyone at JHI sincerely hopes that Roman Catholics throughout the greater New York City area safely enjoy this rare and, we trust, meaningful visit by their Supreme Pontiff.
Sep 16, 2015 2:24 PMDuring King Salman's recent visit to Washington, DC, members of the Saudi delegation issued several announcements concerning planned commercial reforms and other developments that could prove significant to Foreign Direct Investment (FDI) in Saudi Arabia (KSA) as the Kingdom looks to broaden its economy at a time when low oil prices are projected to be the norm for the medium term. We will highlight some of the more significant announcements in this and subsequent notes.
While Saudi Arabia remains committed to continuing its current record-setting output of light sweet crude (one of the major factors contributing to low oil prices), the KSA is now facing projections of massive budget deficits and rapidly depleting cash reserves. Increased FDI, particularly from the United States, appears to be critical to the KSA's strategy for coping with the downsides of consistently low oil prices.
Reforms in the Arab world often begin with teasers that function as "trial balloons". This note will reference such a trial balloon floated by a Saudi official associated with the Deputy Crown Prince. In a closed door meeting with business leaders in DC, this official announced that the Kingdom is considering opening the Saudi banking market to permit entry of additional foreign banks - especially American ones - wishing to do business in the Kingdom. In additional to financing major projects, it is hoped that such banks would also cater to small businesses and individual depositors.
Even with the recent entry of a branch of a bank based in fellow Gulf Cooperation Council (GCC) Member State Qatar, Saudi Arabia is still seen as, perhaps, the most "under-banked" market in the world. To attract additional FDI, which has been in slight decline in recent years, some see the entry of additional Foreign banks and the capital they bring as critical. Entry by foreign banks based elsewhere in the GCC has been helpful, but it will take the power of additional American and other western banks to take a more broad-based growth to the next level.
Not stated, but understood, in this announcement is Saudi Arabia's desire that western powers continue to see that they have a stake in the stability of the Kindgom vis-a-vis its continuing conflict with Iran and, increasingly, Russia.
Of course, the devil is in the details: What will be required to gain entry? And, once in the market, how secure is a bank's investment in the Kingom and how will such a bank be regulated and taxed? How might such a venture impact an investing bank's legal and regulatory position at home?
JHI will continue to track the flight path of this trial balloon and let you know where it lands...
Sep 10, 2015 1:43 PMAs with dates officially deemed "National Holidays", JHI's New York HQ Office will be closed for business this Friday in observance of the anniversary of September 11, 2001.Just as JHI is proud to perform work that may make some small contribution to what, some day, may be the development of a broad, self-sustaining middle class in the Middle East, JHI is honored to be a witness to the resurgence of downtown Manhattan - it really is one of the truly great comeback stories of our age, as symbolized by the new neighboring Liberty Tower:September 11 will be a day of remembrance and reflection for us all. JHI will resume offering high-quality professional services on Monday, September 14.Liberty ALWAYS Rises. We will never forget, nor will we quit.
Jul 17, 2015 1:11 PMJHI wishes our many friends in the Muslim world a happy Eid al-Fitr. We hope you enjoy the celebration of the spiritual, intellectual and human growth you and your families achieved during the month of Ramadan.
We would also like to advise clients and friends who do not observe this holiday to expect office closures throughout the Middle East region during the holiday.
Jul 10, 2015 2:09 PMBy R. Jason Huf
When the Saudi government decided to ramp up the production of light, sweet crude oil and crash the price of it world-wide, the first thing most people in the United States (quite rightly) noticed was the sharp decline in the price of gasoline. It’s the best break working people in America have enjoyed in a long time, and has generated economic growth that no artificial government “stimulus” program can ever hope to match.
Middle East practitioners like myself, on the other hand, immediately understood two things: 1. the increase in production was designed to dampen the profitability of energy projects, particularly by oil & gas producers in the United States – which, in turn, helps to continue to make the maintenance of stability in Saudi Arabia a priority for Western countries and their oil-dependent economies; and, 2. it was a direct attack against the cohesiveness of the Kingdom’s arch-enemy, Iran, and some of its anti-Western allies such as Venezuela and, particularly, Russia (all three countries having economic models with price floors for oil that are unsustainable in the current environment).
Iran's desperate economic situation notwithstanding, they have lashed out and struck back on a variety of levels and are emboldened by recent victories in Yemen, Iraq and Vienna. Iran is increasingly aggressive in the region, and Saudi Arabia is feeling ever distant from the United States. As to the fear of a regional arms race stemming from the unabated existence of the Iranian nuclear arms program, such an arms race is already underway.
Keenly aware that the balance of power in the Middle East continues to swing in favor of Iran and that the United States is decreasingly interested in serving as the region's chief guarantor of security in the region, the Arab states may feel that they are in a desperate situation themselves. Let us not forget, that the despicable and barbaric terrorist organization ISIS/ ISIL was originally cobbled together with the support of Turkey and Qatar to serve as a hyper-radicalized Sunni buffer against encroaching Shia (Iranian) power. The Saudi move to create an oil supply glut and the joint Saudi/ Egyptian military operations against Iranian clients in Yemen seem, thus far, insufficient to halt Iranian momentum.
If the present trend continues, a direct region-wide conflict between Saudi Arabia, Egypt, Jordan, et al vs. Iran and Syria seems more likely, not less.
We live in an era when asymmetrical warefare that utilizes non-uniformed combatants targeting civilians to engender fear and instability so as to achieve a political or otherwise socially relevant end (e.g., "terrorism") has become a regular feature, turning cities well behind the lines of a given conflict into battlefields themselves. What do you do when you are a business that has invested in a region wherein the situation has become so uncertain?
Well, that depends on the industry you are in, how much risk you (and your insurance providers) are willing to absorb, and what kind of talent you think you can attract to work in such an environment.
As for myself, I remain committed to my relationship with Jeddah. The Jeddah office consists of local personnel, I have spent years developing my practice, and I have never been one to simply throw away the fruits of my own hard work. At present, my inclination is to stay the course.
In fact, having considered this contingency for some time, I am currently leaning toward expansion, rather than withdrawal. I feel it may soon become time to further live up to my firm's catch phrase - and, follow my natural instincts - and explore.
Whereas some firms may be examining their options on executing an exit strategy, I am exploring the possibility of expanding into new jurisdictions and expanding the range of assistance I can provide to Western companies that remain in the region.
As an attorney, your practice is client-driven. Some companies will stay, some will leave and new businesses will enter one or more Gulf Cooperation Council markets. There will continue to be a need for Western legal expertise working hand-in-hand with local practitioners throughout the region.
Perhaps more fundamentally, I am proud of the work I have done over the years. From assisting with Shari-ah-compliant finance to education reform, I have been a small piece of a small piece in the jigsaw puzzle of helping to foster an environment wherein one may someday see a broad-based, self-sustaining middle class in the Middle East.
This sense of accomplishment will be foremost on my mind as I look toward Exploring the Boundaries of My Own Business...
– Jason Huf
Friday, July 10, 2015
New York, NY
Jun 18, 2015 11:55 AMTo all of our friends around the world who observe the Holy Month, we at JHI hope that you and your families enjoy, and gain real value from, the meaningful aspects of an entire month dedicated to fasting, reflection and prayer - especially during these somewhat unsettled times. May your loved ones take this holiday as an opportunity grow closer to each other, and humanity generally. We wish you good health in the year ahead.
- Jason Huf
Apr 17, 2015 2:22 PMby R. Jason Huf
It has been a while! I haven't had much time for extraneous writing this year. However, there's nothing extraneous about this:
As Co-Chairman of New York County Lawyers' Association's (NYCLA) Foreign & International Law Committee, I was able to make time to accept New York Law School's (NYLS) gracious invitation to help organize and participate in a distinguished panel of international legal practitioners. A couple of weeks ago, we enjoyed sharing our experiences with some of NYLS's bright, internationally-minded students at their International Law Center in downtown Manhattan.
(Left to right: Professor Lloyd Bonfield, Director NYLS Center for International Law; Giulia Previti, Associate, Freshfields Bruckhaus Deringer LLP [New York]; Patrick Turner, Vice President and Assistant General Counsel, CBS Broadcasting; Jason Huf; Aurelie Bertoldo, JD Candidate - NYLS Class of 2016 & Honoroary Student Co-Chair, NYCLA Foreign & International Law Committee)
The panel on Careers in International Law was moderated by Professor Lloyd Bonfield and included Ms. Giulia Previti from the New York office of the globally renowned law firm Freshfield's; and, Mr. Patrick Turner, Vice President and Assistant General Counsel with the Law Depatment of CBS - and proud NYLS Alumnus.
I provided some career advice and shared some of my experiences as a legal professional working in the Middle East, particularly Saudi Arabia. However, the real "stars" of the panel were Ms. Previti and Mr. Turner - the insights they imparted to the students were pointed and profound.
For me, just as compelling as my fellow panelists (and, they had some terrific stories to share) were the students in attendance and NYLS itself. The Center for International Law, especially its Assistant Director, Mr. Michael Rhee, pulled out all the stops and extended every courtesy in hosting this event, displaying terrific organizational capabilities. And, as has been typical of past experience during my time in our profession, the current JD Candidates at NYLS in attendance impressed me as serious, but down to earth, hard-working professional scholars brimming with ambition and curiosity. I thoroughly enjoyed speaking with them, fielding their questions and otherwise interracting with them. I have no doubt that the future of the legal profession, particularly the future of US-based international legal practice, is in good hands at the NYLS Center for International Law.
Moments like my participation in this panel are among the most gratifying of my career. It never fails to renew my enthusiasm about being a member of the legal profession.
And, I would like to thank the Honorary Student Co-Chairs of NYCLA's Foreign & International Law Committee, Ms. Shabnam Hajain and Ms. Aurelie Bertoldo, both NYLS JD Candidates in the Class of 2016, for doing so much of the leg work to make this happen. In fact, if memory serves, the whole thing started as Ms. Bertoldo's idea (not surprising, as she is a student at a first-rate law school). My Committee Co-Chair, Clara Flebus, and I couldn't be more pleased with their intellect, committment and work ethic.
I only hope that they, and their internationally-minded colleagues studying law at NYLS, found our discussion at be least half as valuable as I found it enjoyable.
- Jason Huf
Friday, April 16, 2015
New York, NY
Oct 7, 2014 6:12 PMIn the Middle East, the old joke among Western lawyers goes something like this: “First you negotiate the contract, then you close the contract. And then, you renegotiate the contract… ”All good jokes are rooted in the truth. While there certainly are some local parties in the Middle East who are committed to keeping their word and sticking to the deal they negotiated, there does exist this unfortunately common dynamic wherein the local party will test, stretch and even flat-out ignore the terms of an agreement they just executed. One might even lose money betting against a breach occurring before the ink dries.And yet, throughout the Gulf Cooperation Council (GCC) region, billions of (US) dollars worth of business is successfully transacted each and every year by and between foreign and local parties. How does that work?It starts with understanding what local businessmen already know: going to court, dumping your local agent (or, colloquially speaking, your “sponsor”), etc, are usually your last best options. You can see your company effectively frozen out of the market if you make such a move without an almost perfect sense of deftness. And, even if eventually successful, should your company go this route, you have embarked on a long, aggravating and expensive disruption of business that will give rise to discussions that start with, “Why don’t we just pull out of there?”We will talk about arbitration clauses (and, the enforceability of them in GCC jurisdictions) in a subsequent posting. For now, you also need to understand that the local sponsor, or other local parties with whom your company does business, who busies himself with stretching the terms of your agreement is primarily (if not entirely) in the business of sponsoring foreign enterprises (or otherwise makes his money conducting business with foreign parties). Maintaining sponsorships or other replationships with foreign investors (and, protecting their reputations and pride) tend to be the top priorities of local companies. So, when such companies appear to breach their agreements, what do they hope to gain by playing around?Usually, more money. And, usually, not much more. More often than not, you can settle the matter by amending a couple of terms and (slightly) goosing up their sponsorship “fee” (or, whatever other payment, profit or compensation they may be receiving).What about the law of contracts? Why can’t I look for a new sponsor and/ or seek judicial recourse?Remember that the laws requiring you to obtain a sponsor in the first place are protectionist in nature. On an unofficial level, shopping around for more pliant for cooperative sponsors isn’t designed to be easy.Also, while consideration, reliance and other concepts are necessary to show a promise made in contract is enforceable under the laws of the United Arab Emirates (UAE), such is not the case to show the existence of an enforceable contract in Saudi Arabia (KSA). In the KSA, if you make a promise, you’re stuck with it.Isn’t the other side stuck with it, too???Well, in the Middle East, there is the law the way it is written, and the law the way its enforced. And, to further complicate things, that which is enforced is not always written, and that which is written is not always enforced. If you wind up in a KSA court, you may have a judge whose primary concern is sending a signal to his government, more than adjudicating a dispute between the parties before him. In the UAE, much may depend on whether the judge enjoyed his breakfast, or if he is miserable from a belly ache, as he reads your company’s brief… (And, keep in mind, the UAE imports its judges from other countries – those judges tend to be mindful of who gave them their jobs.)As to getting another sponsor, while the UAE and the individual Emirates therein may not employ “black lists” per se (as does the KSA), you should nonetheless do your best to avoid running afoul of bureaucrats at relevant ministries and other governmental offices who may have a cousin, friend, or other acquaintance who may just happen to be your soon-to-be former sponsor or other business partner/ associate. Business licenses have to be renewed every year, and your specific business may well depend on successfully bidding on government tenders; and, while Abu Dhabi and Dubai, for example, may look like big cities, they still very much operate as “small towns” on many different levels.That’s not to say successfully changing your sponsor and/ or winning a contractual dispute with a local party in the Middle East is impossible. Such has been known to happen in Abu Dhabi, and even in Jeddah (where arbitration clauses are less likely to be deemed enforceable by local courts, even though the KSA is a party to the New York Convention). Accordingly, you should protect yourself in the governing documentation the way you would in any other international agreement.Have the standard choice of law, venue, and language clauses, as well an arbitration clause (which can be something of a contract unto itself) and, especially, a (carefully written) termination clause. If an American-based company (or, even if you are based in another Western country but have operations in the US), make sure the documentation includes language concerning your refusal to violate the provisions of the US Foreign Corrupt Practices Act (over the last several years, the trend has been increasingly robust enforcement of the FCPA). American companies might also think to include a so-called “anti-boycott” clause in the agreement, given the on again/ off again enforcement of boycotts against Israel by some Arab states.Although the general mood in the GCC seems to favor a direction wherein the laws are being changed to relax the hold local parties (especially those deemed “sponsors”) have over foreign direct investment in their respective markets/ jurisdictions, it is usually best to try to renegotiate when a breach occurs. Such renegotiation should, generally speaking, settle upon a slight increase in the amount of earnings the local party derives from the deal.
Sep 8, 2014 4:09 PMJHI will be closed for business this Thursday in observance of the anniversary of September 11, 2001. Just as JHI is proud to do work that may some day contribute to the development of a broad, self-sustaining middle class in the Middle East, JHI is honored to be a witness to the resurgence of downtown Manhattan - it really is one of the truly great comeback stories of our age.
Thursday, September 11, will be a day of remembrance and reflection for us all. JHI will resume offering high-quality professional services on Friday, September 12.
Liberty ALWAYS Rises. We will never forget, nor will we quit.
Jul 28, 2014 2:48 PMJHI wishes our many friends in the Muslim world a happy Eid al-Fitr. We would also like to advise clients and friends who do not observe this holiday to expect delays in certain services, and possible disruptions of projected time frames, due to office closures throughout the Middle East region during the holiday.
Jul 9, 2014 3:37 PMBetween the July 4 weekend and other summer holidays, high summer in the Middle East, the holy month of Ramadan, and some sort of soccer tournament, we find ourselves in the unusual position of having a little free time here at JHI.As such, watch THIS SPACE: In the coming weeks, JHI will post a brief article right here in our Notes & Comments section on Hydraulic Fracturing (colloquially referred to as “Fracking”).
Following Labor Day, JHI will publish a brief note on contracting with parties in Middle Eastern jurisdictions (in particular, Saudi Arabia (KSA) and the United Arab Emirates(UAE)); and, in a subsequent writing, JHI will share some thoughts on Arbitration Clauses when doing business internationally.
And, while there tends not to be many developments in the law anywhere in world during these summer months, JHI will continue to keep our eyes peeling concerning such developments as and when they affect Marcellus Shale Natural Gas, Charter Schools, Municipalities, Middle Eastern jurisdictions (particularly Gulf Cooperation Council jurisdictions), the law of Contracts, the laws of New York, New Jersey, Pennsylvania, the UAE (Abu Dhabi and Dubai) and the KSA, and business law generally.In the meantime, we would just like to wish all concerned a safe and happy summertime!
Jun 27, 2014 11:50 AMTo all of our friends around the world who observe the Holy Month, we at JHI hope that you and your families enjoy and gain value from the meaningful aspects of an entire month dedicated to prayer and fasting. May your loved ones grow closer to each other, and humanity generally, during this time. We wish you good health in the year ahead.Ramadan Mubarak!
- Jason Huf
Jun 5, 2014 12:33 PMJHI is pleased to announce that the Firm's Founder and Principal has been awarded the honor of serving as Co-Chairman of the New York County Lawyers' Association's (NYCLA) Foreign & International Law Committee, effective June 1, 2014."This is an exciting time for the Foreign & International Law Committee, and NYCLA generally. Jay (Safer) and Jacqueline (Wolff) have done a terrific job as Co-Chairs of the Committee over the last several years, and we have some pretty big shoes to fill. It is an honor to follow them, and I will do my level best."Continuing the tradition of hosting excellent guest speakers, and working with NYCLA to explore the offering of CLE programs designed for international practitioners, will be at the top of Mr. Huf's agenda.Mr. Huf assumes the Co-Chairmanship of NYCLA's Foreign & International Law Committee with his distinguished colleague, Ms. Clara Flebus. They will serve together for the 2014-17 term.
May 15, 2014 12:16 PMby R. Jason Huf
Jokes about snakes in the road aside, I have always considered being an attorney to be a great honor and privilege. I practice law, and the law is the ultimate guardian of equality and fair play. I cannot imagine wanting to do anything else for a living.Some of the really great aspects of being a lawyer, especially one with my particular practice areas, are the things I learn and the people I meet.Meet Renad!
Just last year, young Miss Renad T. Amjad became only the third lady in the entire history of the Kingdom of Saudi Arabia to officially register as a Female Trainee Lawyer with the Saudi Ministry of Justice.You can imagine how deeply honored I was when Renad asked to meet with me in New York. She is a fascinating, intelligent, courageous and cheerful young lady who, after being one of those to break a Concrete Ceiling, has a bright future ahead of her. In my line of work, this was akin to meeting Jackie Robinson, and was one of the great thrills of my career.
(I should note here that, being modest and outwardly humble, Renad is not entirely comfortable with the comparison to Jackie Robinson, citing her lack of experience as a lawyer thus far. I will also note here that as she becomes more experienced as a lawyer, she will get used to it - because she's stuck with it.)That's on a personal note. Professionally, Renad is a living, breathing demonstration of the fact that change is coming to Saudi Arabia.Such change may be incremental, but incremental does not mean insignificant. Just look this young lady in the eye and tell her that her accomplishments are "insignificant". I dare you.There are those who advocate for a faster pace of reforms in Saudi Arabia on the subject of women's rights, and more generally. However, I strongly believe that King Abdullah has been shrewd in his implementation of incremental, but meaningful, reform. A broader, faster-paced program of reform would risk destabilizing the Kingdom, which would, in turn, risk destabilizing the region and threaten to send economic shock waves throughout the world.Saudi Arabia may be insular, but it's not isolated. Just as events there impact the global economy, international economic activity - including and especially trade - has had an impact on the Kingdom. And, it shall continue to do so.I have never been one to liberally laud Middle Eastern rulers, but King Abdullah knows his people and is familiar with the different elements in his country with whom he exercises power. To maintain stability, his people need to enjoy greater freedom and feel a larger sense of "ownership" of their lives and their country. But, to move too quickly in that direction would innately threaten such stability. It is a difficult balance beam to walk successfully.The subject matters and pace of reforms in Saudi Arabia have been thoughtful, and ably executed, thus far. We will see how things progress from here.For now, I think I will just enjoy drinking tea with Jackie Robinson.- Jason Huf
New York, NY, USA
May 15, 2014
Mar 6, 2014 1:38 PMThe government of the Kingdom of Saudi Arabia (KSA) recently announced its intention to establish training centers for judges. Such training centers will be administered by the KSA Ministry of Justice. This comes on the heels of King Abdullah's creation of 5,000 new judgeships in the KSA, and is accompanied by vocal opposition from the Kingdom's more traditional, conservative quarters.
For years, the commercial community in the KSA (both local and foreign) has expressed a need for greater transparency in Saudi courts. Procedurally and substantively, a perceived lack of predictability has resulted in a chilling effect on commerce in the KSA.
Arbitration clauses in contracts are of uncertain enforceability in the KSA, as senior judicial officials have, in the past, deemed such clauses to be "contrary to Shari'ah". Accordingly, irrespective of any arbitration clause in any business arrangement entered into, in the event of an irresolvable conflict between the parties one could reasonably expect such a dispute to be adjudicated before a Saudi court.
The uncertain enforceability of arbitration clauses and perceived unpredictability of the courts have combined to generate something of a chilling effect on investment in the KSA. Meanwhile, Gulf Cooperation Council (GCC) provisions that call for entities native to any GCC Member State to be treated as a local company by the governments of each of the other Member States have added to the investment boom in smaller Gulf countries such as Qatar and the United Arab Emirates: some companies enter those jurisdictions in the hope that, at some point, they might be able to access the much larger Saudi market without completely exposing their investment (or, their employees) to the Saudi legal system.
It is hoped by many in the commercial community that the addition of 5,000 new judges, uniformly trained in the enforcement of commercial and corporate law, will improve the overall business environment in the KSA by generating a greater sense of transparency and predictability in the courts.
The details are as yet unknown; and, conservative elements who view laws and their interpretation as coming from God, not precedent, statute or human beings generally, still have opportunities to oppose the establishment and effective administration of such training centers. JHI will continue to track such developments as they arise.
Feb 26, 2014 1:14 PMStories concerning the 2022 World Cup tournament seem to have taken all the oxygen out of news and information about Qatar. True, Doha is scheduled to be the first Arab state to host the world's largest soccer tournament, and this promises to generate something of an increase to the country's construction boom. But, there's more to this small, wealthy Gulf state than sports.Businesses, whether they be engineering firms, banks, energy companies, franchisors, purveyors of luxury items or manufacturers of fast-moving consumer goods, might be interested to know that Qatar is the world's third largest producer of natural gas and has a legal and regulatory enviroment wherein compliance is relatively inexpensive. With the highest GDP per capita in the world, Qatar's consumer base is awash in disposable wealth and opportunities abound.As a law firm, JHI takes particular notice of Qatar's bifurcated legal system. The civil courts there are completely separate from and independent of the Shari'ah courts, and the rest of the government generally. These separate courts that deal with matters relating to foreign commercial interests provide a level of transparancy and predictability for which Gulf-Arab jurisdictions, fairly or unfairly, do not always have a reputation. This, in turn, provides an additional layer of security to companies that expand into, or otherwise invest in, Qatar.Conduct your own economic survey and have accounting crunch the numbers and provide you with the tax implications of such a venture. Then, if satisfied (or, excited), contact an experienced law firm and ask them to provide you with a legal and regulatory survey.Take a look at Doha beyond the glamour of sports and see if you would like to Explore the Boundaries of Your Business.
Sep 10, 2013 4:34 PMJHI will be closed for business this Wednesday in observance of the anniversary of September 11, 2001. Just as JHI is proud to do work that may same day contribute to the development of a broad, self-sustaining middle class in the Middle East, JHI is honored to be a witness to the resurgence of downtown Manhattan - it really is one of the truly great comeback stories of our age.
Wednesday, September 11, will be a day of rememberance and reflection for us all. JHI will resume offering high-quality professional services on Thursday, September 12.
An additional note: JHI's website will go offline later this week for maintenance and revision. We apologize for any inconvenience this causes and are confident that you will appreciate the updates and other improvements.
Jason Huf International, pc
"Exploring the Boundaries of Your Business."