Parties to international arbitrations being heard in South Africa will now have access to third-party funding and be able to take advantage of electronic filing and digital hearings under new rules.
CJEU rules: banks cannot rely on statute of limitations for unfair contract terms
Under European law, unfair terms in consumer contracts are not binding on the consumer. The CJEU has now ruled that banks cannot defend themselves against a finding of unfairness by referring to the statute of limitations.
Time bar uncertainty in Western Australia payment security reform
It will take time to see how a prohibition on ‘unfair’ time bars in Western Australia’s new security of payment legislation – the first of its kind in Australia – works in practice.
China among 130 countries to back global minimum corporate tax of at least 15 per cent
Most of the countries negotiating a global overhaul of cross-border taxation of multinationals have backed plans for new rules on where companies are taxed and a tax rate of at least 15 per cent, they said on Thursday after two days of talks.The Paris-based Organisation for Economic Cooperation and Development, which hosted the talks, said a global minimum corporate income tax of at least 15 per cent could yield around US$150 billion in additional global tax revenues annually.It said 130…
Coronavirus: anti-parasitic drug ivermectin is hot property in Indonesia, Malaysia, India as Delta variant spreads
Ivermectin, a drug used to treat parasitic infections in humans that is more commonly used on animals, is now trending in Indonesia. Pharmacies across the country are reporting a boom in sales of the medication, and it has been sold out on e-commerce sites such as Bukalapak and Shopee. “People have been flocking to buy it,” said a pharmacist at Penang Island Pharmacy in the city of Medan in North Sumatra, who did not want to be named. The drug’s popularity comes after a number of high-profile…
South Africa court considers complexities of review applications
The rules around whether the courts in South Africa will set aside a state body’s decision to contract with a private entity in response to allegations of irregularities or unlawfulness in the procurement process are complex, and will require proper evidence on the part of the entity making the allegation.
Filipino-American is first transgender Miss USA contestant – Kataluna Enriquez posts ‘We just made history’ on Instagram after being crowned Miss Nevada
An openly transgender woman will compete in the Miss USA pageant for the first time this year after being crowned Miss Nevada.Kataluna Enriquez, 27, will represent the western US state at the national competition in November 2021 after her groundbreaking regional win in Las Vegas on June 27.“My community, you are always in my heart. My win is our win. We just made history,” wrote Enriquez on Instagram.Enriquez, who is of Filipino descent, began competing in transgender beauty pageants in 2016,…
Malaysia’s influencers cash in on health and beauty boom as critics cry ‘pseudoscience’
Malaysia’s motorists have long grown accustomed to the billboards that dot the country’s major thoroughfares such as the 772km North-South Expressway, but in recent years these seemingly ubiquitous hoardings have begun to carry a new sort of advertisement. Siti Nurhaliza, Neelofa and Uqasha Senrose are just some of the many Malaysian influencers and television stars whose smiling faces can now be seen plastered across these billboards – each promoting a different brand that vie for prominence…
Hong Kong court: escalation clause disputes for arbitrators to resolve
A disagreement over whether a disputes escalation mechanism in a contract had been properly complied with was for an arbitrator, rather than the courts, to decide, a court in Hong Kong has ruled.
North Korea’s Kim Jong-un replaces officials over ‘grave incident’ in coronavirus response
North Korean leader Kim Jong-un replaced several senior officials after a “grave incident” in the country’s efforts to defend itself against the Covid-19 pandemic, state media reported on Wednesday.Pyongyang closed its borders in January last year to defend itself against coronavirus outbreak that first emerged in neighbouring China and has gone on to sweep the world.It has not publicly confirmed any cases of the disease at any point, neither in state media nor in the test statistics it has…