Suspension of contract execution as an interim measure of the claim on recognition of the contract of public procurement of services as invalid
The analysis of court practice in respect of invalidation of contracts on public procurement of services (hereinafter “the Contract”) performed by the team of Linkage&Mind Law Firm has shown that plaintiffs (potential suppliers, who are not parties of the Contract) (hereinafter “the Plaintiff”) along with the claims for invalidation of the Contract usually file an application for an interim measure «suspension of contract execution».
Linkage&Mind is proud to be among other consultants of the quite broad international legal and tax team, leaded by Sherman&Sterling, which supported the leading oil and gas exploration and production company of Thailand – PTTEP – in international M&A Transaction in purchase of 100% of shares in international Dutch company, having 80-years history operating in the oil and gas industry and assets in several countries worldwide (transaction amount US$622 million).
In July 2018, the lawyers of Linkage & Mind analyzed Regulatory Decree №3 of the Supreme Court of Kazakhstan as of March 16, 2018 (hereinafter – the «Regulatory Decree») on the amendment of the regulatory decree №5 as of July 11, 2003 “On court decision”.
In recent years, business environment of Kazakhstan states the increase of number of transactions related to franchising. Business structures provide their partners or receive from them brands, trademarks, patents and other objects of exclusive rights. Each party of these deals has certain advantages that can lead to beneficial cooperation.
On March 16, 2018 the Supreme Court of Kazakhstan issued the regulatory decree №3 (hereinafter – the «Regulatory Decree») on the amendment of the regulatory decree №5 as of July 11, 2003 “On court decision”.