Mondaq Middle East & Africa: Insolvency/Bankruptcy/Re-structuring
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...
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.
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").
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.
Clyde & Co
In the current economic conditions, creditors of UAE businesses are focused on their chances of debt recovery. How will the Law assist?
Reed Smith (Worldwide)
The current law regarding insolvency in the UAE is not a comprehensive regime, and the present framework is found across three different laws...
Clyde & Co
The new UAE Bankruptcy Law (Federal Law No. 9 of 2016) has put a spotlight on the treatment of companies in financial difficulties in the United Arab Emirates.
Clyde & Co
The UAE government has issued Federal Decree Law No. 9 of 2016 on Bankruptcy (the New Law).
Clyde & Co
The U.A.E and Republic of South Korea have not entered into a bi-lateral treaty under which they are obliged to recognise each other's court orders or judgments
Most Popular Recent Articles
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").
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...
Reed Smith (Worldwide)
The current law regarding insolvency in the UAE is not a comprehensive regime, and the present framework is found across three different laws...
Dentons
Generally, for retrenchments to be lawful in most jurisdictions they must be substantively and procedurally fair.
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 UAE government has issued Federal Decree Law No. 9 of 2016 on Bankruptcy (the New Law).
W. Nyabadza Law Chambers
Non- legal practitioners cannot commence any action or suit in any court on behalf of others.
Dentons
As per the new Companies Law that came into effect on 2 May 2016 and which we have described in previous updates, single owner LLCs may be formed...
ENSafrica
Acceleration clauses are commonly found in loan agreements that require debtors to make repayment in instalments.
Deloitte Nigeria
The region has faced severe macroeconomic conditions marked by low commodity prices and foreign currency crises.
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