A force-majeure clause is purely a creation of a contract, thereby entailing an application of the general principles of contractual interpretation.

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The Force Majeure Excuse: A History

The Force Majeure Excuse: A History

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DEALS     18 February 2021

Fareya Azfar Araoui advised a Luxembourg based investment company on a capital increase of a sub-fund in Africa through the issue of 132,393,120 new ordinary shares with subscription rights, which were allotted as partly paid for cash.

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DEALS      9 January 2021

Fareya Azfar advised a KSA investment giant on its Series A and B preferred equity financings, in which the company raised $220 million.

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DEALS       January 2021

Counsel to a diluted shareholder of a BVI entity. We challenged the share issue and allotment on the grounds of improper purpose, interests of the company, irregularities in scrip dividends, and share valuation.