Mondaq Middle East & Africa: Insolvency/Bankruptcy/Re-structuring
PUNUKA Attorneys & Solicitors
The insolvency procedures recognised by the Act are, in that sense, either collective or non-collective and undertaken by Insolvency Practitioners.
AELEX
Business rescue is a noble concept, which seeks to balance out the interests of both the creditors and the debtor in line with international best practices.
Olisa Agbakoba Legal
At the recently concluded Business Recovery and Insolvency Practioners Association of Nigeria (BRIPAN) International Conference themed, "Driving Business Rescue in the Shadow of the Law", ...
AELEX
The Federal High Court Lagos, delivered a ruling in Suit No.: FHC/L/CP/540/2012 RRSAT Global Communications Networks Limited v Daar Communications Plc, affirming its jurisdiction to hear a petition for the winding up ...
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.
STA Law Firm
Bankruptcy is one of the most serious and tough situations a business can experience, and this difficulty extends and affects more than those in charge.
BSA Ahmad Bin Hezeem & Associates LLP
Although there is no separate bankruptcy law in Oman, both the Commercial Code of 1990 and the Commercial Companies Law of 1974 provide a framework for the bankruptcy of traders and liquidation of insolvent companies.
Adams & Adams
Rwanda's 2009 Law on Intellectual Property, expressly excludes pharmaceutical products from patent protection.
ENSafrica
On 1 February 2019, the South African Minister of Finance published the Financial Matters Amendment Bill (the "Bill") containing a long-awaited amendment to section 83 of the Insolvency Act, 1936.
Hogan Lovells
It has become a common phenomenon that applications are brought to put into business rescue, companies which are already in liquidation – sometimes long after the liquidation commenced.
ENSafrica
As we have written in a number of previous articles, National Treasury, together with the Prudential Authority and the Financial Sector Conduct Authority ...
ENSafrica
It has been long-established by the classic fundamental principles of corporate law that companies are separate and distinct persons from their shareholders, directors and officers.
TMF Group
Helena believes in the importance of female-specific networking and strives to champion this initiative to draw more women together from diverse professional backgrounds.
ENSafrica
The recent administration of heavily indebted Uganda Telecom Limited ("UTL") aims to achieve the best outcome for creditors and shareholders.
BSA Ahmad Bin Hezeem & Associates LLP
Starting your own business is one of the most exciting decisions you can take. But it is imperative to follow fundamental rules and keep certain key considerations in mind to avoid facing financial issues that may lead to bankruptcy.
BSA Ahmad Bin Hezeem & Associates LLP
The United Arab Emirates ("UAE") economy continues to flourish and be attractive to businesses from around the world. The potential options available to foreign multinational companies
BSA Ahmad Bin Hezeem & Associates LLP
In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued the Dubai International Financial Center (DIFC) Act No. 1 of 2019 on Insolvency (hereinafter referred to as the "New Law").
STA Law Firm
In these investment scenarios, there are times when an organization needs more money than is as of now being produced by its activities; it has two different ways to get it.
BSA Ahmad Bin Hezeem & Associates LLP
The UAE Bankruptcy Law is viewed as an improvement over the prior insolvency laws (as outlined in the Commercial Transactions Law), insofar as the Bankruptcy Law:
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STA Law Firm
In these investment scenarios, there are times when an organization needs more money than is as of now being produced by its activities; it has two different ways to get it.
Deloitte Nigeria
The World Bank Group (World Bank) on Wednesday, 31 October 2018, published it's 2019 Doing Business Report (the Report).
PUNUKA Attorneys & Solicitors
The insolvency procedures recognised by the Act are, in that sense, either collective or non-collective and undertaken by Insolvency Practitioners.
BSA Ahmad Bin Hezeem & Associates LLP
Nearly six months after Saudi Arabia approved its first Bankruptcy Law (Saudi Arabia Royal Decree No. M5/1439 and Saudi Arabia Cabinet Decision No. 264/1439),
STA Law Firm
The Dubai International Financial Center (DIFC) is one of the many free-zones in the UAE.
AELEX
Business rescue is a noble concept, which seeks to balance out the interests of both the creditors and the debtor in line with international best practices.
BSA Ahmad Bin Hezeem & Associates LLP
Starting your own business is one of the most exciting decisions you can take. But it is imperative to follow fundamental rules and keep certain key considerations in mind to avoid facing financial issues that may lead to bankruptcy.
Olisa Agbakoba Legal
At the recently concluded Business Recovery and Insolvency Practioners Association of Nigeria (BRIPAN) International Conference themed, "Driving Business Rescue in the Shadow of the Law", ...
BSA Ahmad Bin Hezeem & Associates LLP
The UAE Bankruptcy Law is viewed as an improvement over the prior insolvency laws (as outlined in the Commercial Transactions Law), insofar as the Bankruptcy Law:
STA Law Firm
Bankruptcy is never a good thing when it comes to business. It is a time of hardship and can test the patience and steadfastness of many businesspeople.
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