Legal
Regulation, Risk & Compliance
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Saudi Arabia’s Civil Code: exceptional unforeseen circumstances and reallocation of risk in construction contracts
Consistent with other civil law codes in the region, Saudi Arabia’s Civil Transactions Law (Civil Code) provides parties with various avenues to redress the effect of exceptional circumstances, unforeseeable at the time a contract was executed. In an era marked by global shocks and unforeseen events, exposure to situations that…
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