Mondaq Middle East & Africa: Insolvency/Bankruptcy/Re-structuring
BLC Robert
The ISDA master agreement forms the backbone of a significant amount of over-the-counter derivative transactions.
BLC Robert
MCB made an application for the appointment of a receiver manager under the Insolvency Act 2009 or alternatively, for an order under article 1961 of the Mauritian Civil Code...
Harneys
Insolvency law in Mauritius is principally regulated by the Insolvency Act 2009, and it is supplemented by some provisions of the Companies Act 2001...
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.
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.
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
Prominent American Essayist Ralph Waldo Emerson once said that money often costs too much.
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...
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.
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 ...
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.
Clyde & Co
The UAE's new Netting Law (Federal Law No. 10 of 2018) (the Federal Netting Law) was issued on 20 September 2018 and will come into force one month following publication in the UAE Official Gazette.
BSA Ahmad Bin Hezeem & Associates LLP
UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued the Federal Law on ‘Netting', its provisions shall apply to all qualified financial contracts and netting agreements...
BSA Ahmad Bin Hezeem & Associates LLP
Saudi Arabia will introduce its first comprehensive bankruptcy law on 18 Aug.
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...
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.
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
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
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.
STA Law Firm
The Chamber of Commerce and Industry in Sharjah (SCCI) is a government-owned entity that was initially established in 1970 by the Sharjah ruler.
STA Law Firm
Prominent American Essayist Ralph Waldo Emerson once said that money often costs too much.
BLC Robert
The ISDA master agreement forms the backbone of a significant amount of over-the-counter derivative transactions.
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.
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
In an event that was hosted at the Saudi Standards, Metrology and Quality Organisation in Riyadh which was in partnership with the Saudi Organisation of Certified Public Accountants and associated with Drooms.
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