“The ‘Ali Baba’ Arrangement: When the Court Refuses to Save a Commercial Reality”

“The ‘Ali Baba’ Arrangement: When the Court Refuses to Save a Commercial Reality”

“What a Recent Construction Case Reveals About the Gap Between Procurement Policy and Market Reality” Every player in the construction industry knows the ‘Ali Baba’ arrangement. Some call it license lending and others describe it as project parking, fronting arrangements or simply commercial necessity. Regardless of the label, the underlying reality is one party possesses…