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The Law Firm of

JASON HUF INTERNATIONAL, pc

"Exploring the Boundaries
 
of Your Business." 

______________________________

In NEW YORK
PENNSYLVANIA
& NEW JERSEY

Call:
+1 (917) 775-0198 (p)
+1 (646) 395-1725 (f)

______________________________

In JEDDAH, SAUDI ARABIA
& Other GCC Jurisdictions:


Khalil Khazindar Law Firm
in Association with
JASON HUF INTERNATIONAL pc
Ammar Commercial Center

Al Murjan Street (off of King Abdul Aziz Street), Office # 202
P.O. Box 157,  Jeddah  21411
Kingdom of Saudi Arabia
+966 (2) 4204763 (p)
+966 (2) 4204729 (f)
www.khazindarlaw.com
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info@huflaw.com

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  • K.A.E.C. (Pronounced "Cake")

    For reasons both personal and professional, 2019 has been an extraordinary year so far.  Thus, the lack of recent blog postings.  I have not disappeared, though.  I have just been out and about.

    One interesting item I am happy to share is my participation in a roundtable featuring officials from Saudi Arabia (KSA), representing King Abdullah's Economic City (KAEC, pronounced "cake") and discussing KAEC's efforts to attract greater investment by the pharmaceutical industry.

    Sultan Masoom, KSA ECA & Jason Huf, JHI, KAEC Pharma & BioTech Roundtable, New Brunswick, NJ, USA (Sultan Masoom, Director General of Investments, Saudi Arabian           
                                                           Economic Cities Authority & Jason Huf - not an endorsement of JHI)

    "Localize Your Business in the Middle East" (a theme very near and dear to my professional heart for years) was staged for the benefit of the Pharma and BioTech industries in New Brunswick, New Jersey on a very humid July 18.  As a US-based attorney with an office in Jeddah, Saudi Arabia, I was honored to be the only lawyer admitted to this rather exclusive gathering.

    To summarize the discussion with the Saudi delegation and American industry leaders:  by establishing research, development and manufacturing in the expansive facilties housed in KAEC's Industrial Valley district, Pharmaceutical and Bio Tech companies may significantly reduce costs.  They would also be able to avail themselves of distribution via King Abdullah Port.  Set to become the second-largest port in the world (as measured by container capacity), KAEC's King Abdullah Port is well-situated to distribute products to East Africa, India and South East Asia.

    Consensus among the participants was that new drugs approved by the US FDA and/ or European authorities would be likely be approved by the regulatory authorities in the Kingdom for sale there (and, possibly, to the smaller Gulf states via the Gulf Cooperation Council regime), and that further research and development would be encouraged.  And, Intellectual Property protections in Saudi Arabia have been strengthened in recent years.

    On the subject of entity establishment, much can be done online, and a government office has been established to assist with bureacratic snags that may sometimes be encountered with the Saudi Arabian General Investment Authority during the licensing process (and other matters, such as obtaining the necessary permits and visas for resident laborers and business travellers).

    And, of course, JHI stands ready to assist with entity establishment matters in the KSA as well.

    The net effect of reduced costs and greater access to large markets with high demand, such as India, could be to bring down the price of cutting-edge, life-saving drugs (particularly those not always covered by insurance), making them more generally available (economically) right here in the United States.

    There are days when I could not be more enthusiastic about what I do for a living.  July 18, 2019 was one of them.


     - Jason Huf
    Saturday, November 2, 2019

    New Jersey, USA
  • April Showers Bring May Flowers

    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 ---> 
    JHI - The Law Firm of Jason Huf International   ].


    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