In complex commercial transactions, particularly those involving multiple tiers of contracts such as supply chains, subcontracting, or project development, the concept of back-to-back clauses plays a crucial role. These clauses aim to ensure consistency and alignment between the primary (master) contract and downstream contracts by transferring obligations, rights, or liabilities from one party to another […]
In complex business ventures and infrastructure projects, especially those involving design, engineering, and construction, stakeholders often seek streamlined contractual arrangements that reduce coordination burdens and allocate risks more clearly. One such model is the turnkey contract, a legal mechanism that has gained increasing popularity in sectors such as construction, energy, and industrial projects. Under a […]