Mondaq Middle East & Africa: Insolvency/Bankruptcy/Re-structuring
Sharir, Shiv & Co. Law Offices
The Supreme Court reviewed a distinction developed over the years in the lower instance District Court decisions.
Barnea & Co
Insolvency proceedings are an integral part of business-commercial activities, in circumstances whereby a person or corporation might need to institute proceedings to rehabilitate its business activities...
Barnea & Co
Insolvency proceedings are an integral part of business-commercial activities, in circumstances whereby a person or corporation might need to institute proceedings to rehabilitate its business...
Lex Artifex, LLP
Overdue debts may arise for non-liquidation of loan advances within the agreed time or for failure to settle unpaid accounts for goods and services supplied, etc.
Lex Artifex, LLP
If overdue debts are standing against your name and you are unable to settle, chances are that your Creditor may resort to self-help as a counter measure to get you to pay-up
Deloitte Nigeria
The region has faced severe macroeconomic conditions marked by low commodity prices and foreign currency crises.
Deloitte Nigeria
The region has faced severe macroeconomic conditions marked by low commodity prices and foreign currency crises.
Perchstone & Graeys
The concept of bankruptcy should ordinarily carry a social stigma denying the bankrupt of credit, disqualifying him from holding certain elective and other public offices...
Al Tamimi & Company
The UAE government issued a new bankruptcy law, UAE Federal Decree Law No. 9 of 2016 ("Bankruptcy Law") which came into force on 29 December 2016.
Mahayni
On 24/12/1437 H. (25/9/2016 G.), the Ministry of Commerce and Investment ("MoCI") published the draft Bankruptcy Law ("Draft Bankruptcy Law") and a Clarification Guide (the "Clarification Guide").
ENSafrica
The recent administration of heavily indebted Uganda Telecom Limited ("UTL") aims to achieve the best outcome for creditors and shareholders.
United Advocates
The new UAE Federal Decree Law No. 9 of 2016 was finally approved by the UAE Cabinet on 4 September 2016.
Global Business Services DMCC
Legal experts said the new law primarily involves four new procedures, each of those supervised by the court.
Afridi & Angell Legal Consultants
The new Bankruptcy Law of the UAE was enacted on September 20, 2016 as Decree-Law No. 9 of 2016. It was published in the Federal Official Gazette on September 29, 2016, giving it an effective date...
Meyer-Reumann & Partners
On 29 December, 2016, Federal Decree Law No. 9 of 2016 ("New Bankruptcy Law") has come into force. This article will provide you with an overview.
Squire Patton Boggs
The "mini-insolvency law" and the 90 day moratorium it creates is not automatically binding upon UBF members.
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Dentons
The Ministry of Labor and Social Development (MOL) is discussing a potential new employment system for Saudi employees named "Flexible Work" (Flexible Work).
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Pieter van der Zwan & Associates
The Taxation Laws Amendment Bill introduces a revised set of rules that will apply to debt restructuring transactions that occur during years of assessment that commence on or after 1 January 2018.
Juristconsult Chambers
In the World Bank Doing Business Report 2017, Mauritius was once again ranked first among the sub-Saharan economies, but nevertheless made a spectacular fall, moving down from an overall global ranking...
Youssry Saleh & Partners
The liquidation of companies in Egypt is governed by the Egyptian Companies Law. No. 159/1981, the law governs all the aspects of the companies' liquidation including the reasons of liquidation...
Barnea & Co
Insolvency proceedings are an integral part of business-commercial activities, in circumstances whereby a person or corporation might need to institute proceedings to rehabilitate its business...
ENSafrica
The without prejudice rule has long been part of South African law. This rule provides that statements, including admissions of liability, made in an attempt to settle litigation between parties.
ENSafrica
Below is an overview of those legal changes that we deem notable.
United Advocates
The new UAE Federal Decree Law No. 9 of 2016 was finally approved by the UAE Cabinet on 4 September 2016.
Shanda Consult Ltd
CBI and the Ministry of Economic Affairs and Finance received ultimatum from the Parliament, last week, to regulate the non-bank credit institutions
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