Jurisdiction of the court to resolve commercial contract disputes

Jurisdiction of the court to resolve commercial contract disputes

When a commercial contract gives rise to a dispute, if the parties have agreed on a dispute resolution authority, that authority’s jurisdiction takes priority as per the agreement. In the absence of an agreement and when the parties cannot reconcile on their...
Remedies for contract breaches in the commercial sector

Remedies for contract breaches in the commercial sector

During the execution of commercial contracts, one or more parties may engage in actions that breach their contractual obligations. To protect the legal rights and interests of the parties, as well as to prevent and limit contract violations, parties should establish...