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...
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...
Fred-Young & Evans
The increase of international trade and investment has led to a rise in business relationships between foreign businesses and their Nigerian counterpart.
PUNUKA Attorneys & Solicitors
The impression is strong that insolvency law in Nigeria is comatose due to lack of reform of the general insolvency law2.
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.
Cox Yeats
This circular will examine the principles relating to the winding up of a solvent company on the basis of what is referred to as the just and equitable principle.
ENSafrica
On 28 March 2014, the Supreme Court of Appeal handed down judgment in Gavin Cecil Gainsford N.O. & others v Tanzer Transport Ltd & others.
ENSafrica
The making of advance dividends before the confirmation of a liquidation and distribution account has been a longstanding insolvency practice.
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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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
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...
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.
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").
Squire Patton Boggs
General duties of employees are spelled out in the Employment Regulation.
Dentons
The Ministry of Labor and Social Development (MOL) is discussing a potential new employment system for Saudi employees named "Flexible Work" (Flexible Work).
BLC Robert
What systems of law are used within your jurisdiction and what are they used for (i.e. English law for project development, New York law for high yield issues)
ENSafrica
Below is an overview of those legal changes that we deem notable.
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