Mondaq Middle East & Africa: Insolvency/Bankruptcy/Re-structuring
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.
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.
BSA Ahmad Bin Hezeem & Associates LLP
The article discusses preventative settlement, financial reorganization and restructuring, liquidation process, as well as preventative settlement and financial reorganization for small debtors.
Al Tamimi & Company
The UAE Cabinet issued Resolution ("Resolution") no. 4 of 2018 Forming the Financial Restructuring Committee ("FRC") pursuant to UAE Federal Law No. 9 of 2016 ("Bankruptcy Law").
Clyde & Co
Saudi Arabia recently published a new Bankruptcy Law. This is the latest development of a string of reforms under Vision 2030 to further encourage the participation of foreign and domestic investors...
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
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.
ENSafrica
The debt reduction provisions contained in section 19 of the Income Tax Act, 1962 and paragraph 12A of the Eighth Schedule to the Act have been amended with effect from 1 January 2018 and are applicable to years ...
ENSafrica
The case of Uganda Telecom Limited v Ondama Sammuel t/a Alaka & Co (Miscellaneous Application No. 12 of 2018) presented the Ugandan courts with an opportunity to test the provisions of the Insolvency Act, 2011 ...
Pieter van der Zwan & Associates
The tax treatment of unrealised exchange gains or losses poses certain challenging questions when a foreign denominated debt becomes irrecoverable.
Clyde & Co
The collapse of Hanjin, the world's seventh largest shipping container carrier, and its immediate impact in South Africa and its shipping industry, remains to be seen.
ENSafrica
The recent administration of heavily indebted Uganda Telecom Limited ("UTL") aims to achieve the best outcome for creditors and shareholders.
STA Law Firm
On issuance of Federal Bankruptcy Law under the Federal Decree No. 9 of 2016 for various bankruptcy cases. On 19 October 2017, the current Cabinet members have been reshuffle...
STA Law Firm
On issuance of Federal Bankruptcy Law under the Federal Decree No. 9 of 2016 for various bankruptcy cases.
BSA Ahmad Bin Hezeem & Associates LLP
Bankruptcy Laws in UAE and KSA.
BSA Ahmad Bin Hezeem & Associates LLP
Throughout the UAE, a common frustration exists with insolvencies due to its time-consuming nature and significantly low recovery rates, which stemmed from the outdated governance of insolvency ...
STA Law Firm
Since the time of its promulgation in the year 2016, the Bankruptcy Law has been widely discussed and deliberated on. The enactment of Federal Law Number 9 of 2016 (the New Law) ...
Most Popular Recent Articles
Dentons
Saudi Arabia's bankruptcy and insolvency law regime has been governed by two regulations, the earliest dating back to 1930.
Al Tamimi & Company
The UAE Cabinet issued Resolution ("Resolution") no. 4 of 2018 Forming the Financial Restructuring Committee ("FRC") pursuant to UAE Federal Law No. 9 of 2016 ("Bankruptcy Law").
ENSafrica
In The Car Company Ltd (in Liquidation) v. The Mauritius Revenue Authority, the Commercial Division of the Supreme Court ruled that the amount of taxes due under the Value Added Tax Act and the Income Tax Act ..
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 ...
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.
BSA Ahmad Bin Hezeem & Associates LLP
The article discusses preventative settlement, financial reorganization and restructuring, liquidation process, as well as preventative settlement and financial reorganization for small debtors.
BSA Ahmad Bin Hezeem & Associates LLP
Throughout the UAE, a common frustration exists with insolvencies due to its time-consuming nature and significantly low recovery rates, which stemmed from the outdated governance of insolvency ...
STA Law Firm
On issuance of Federal Bankruptcy Law under the Federal Decree No. 9 of 2016 for various bankruptcy cases. On 19 October 2017, the current Cabinet members have been reshuffle...
Clyde & Co
Saudi Arabia recently published a new Bankruptcy Law. This is the latest development of a string of reforms under Vision 2030 to further encourage the participation of foreign and domestic investors...
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
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