Rabigh Refining & Petrochemical Company (“Petro Rabigh”), a Saudi-based joint venture between Saudi Aramco and Sumitomo Chemical, sought legal representation in respect of a breach of contract dispute against a UAE entity. Majmudar & Partners provided strategic advice and legal support to Petro Rabigh, leveraging its expertise in cross-border disputes and international contract enforcement.
Assistance with Dispute Resolution
Majmudar & Partners represented Petro Rabigh during the dispute resolution process. Key contributions included:
- Contract Analysis and Legal Strategy Development: Analyzed the terms of the breached contract to identify the UAE entity’s obligations and pinpointed critical non-compliance areas. Developed a robust legal strategy for pursuing remedies in alignment with international commercial dispute resolution frameworks.
- Cross-Border Dispute Management: Advised on navigating cross-border complexities arising from the UAE entity’s jurisdiction, including enforcement options under Indian law and applicable international treaties.
- Arbitration Support: Assisted Petro Rabigh in evaluating arbitration as a resolution mechanism, focusing on cost-effectiveness and enforceability of awards under the Arbitration and Conciliation Act, 1996, and the New York Convention.
- Negotiation and Settlement Opportunities: Explored potential avenues for negotiation to resolve the dispute amicably while protecting Petro Rabigh’s commercial interests.
- Compliance and Risk Mitigation: Provided comprehensive advice on minimizing future risks in international contractual agreements, ensuring compliance with Indian and UAE legal frameworks.
This transaction underscores the importance of meticulous contract drafting and robust legal support in mitigating risks associated with cross-border transactions. For Petro Rabigh, Majmudar & Partners’ expertise in navigating international disputes ensured a strategic approach to resolving the issue while safeguarding the company’s financial and commercial interests.
With a proven track record in cross-border dispute resolution and international contract enforcement, Majmudar & Partners delivers tailored solutions for complex legal challenges. Contact us to learn how we can support your organization in navigating global disputes effectively.