The court moreover denied IBL’s request for a stay of enforcement pursuant to Article VI of the Convention. The objectives of arbitration—”settling disputes effectively and avoiding long and expensive litigation”—therefore weighed towards a stay. Prior to joining the firm in 2015, Fouad worked with NGOs in education, ladies, and children Mergers & Acquisitions in Turkey’s rights in Bolivia, Lebanon, and the United States. The court docket found that the Lebanese Tribunal made lengthy, detailed findings of fact and regulation after three years of arbitration, and that IBL had not supplied any estimate of how long its annulment action may take. The stability of hardships also weighed in opposition to a keep, significantly where IBL’s precarious monetary situation meant it may not honor its obligations under the award.
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Samir additionally studied archaeology and sociology, authoring a quantity of articles on these fields. In 2019, Fouad co-founded the Depositors Union, an organisation defending depositors and lobbying for their rights each locally and internationally.
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Reed, Retired New Jersey Superior Court Judge, Joins Kearns Rotolo Law, Named of Counsel – Newswire Robert B. Reed, Retired New Jersey Superior Court Judge, Joins Kearns Rotolo Law, Named of Counsel.
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I specialize in civil procedural legislation , administrative legislation, and fundamental rights.
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