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Middle East & Africa
Insolvency
Bahrain
Raees + Co
Having a sound insolvency legal framework is essential in securing a business-friendly environment which fosters the interests of entrepreneurs and start-ups. Insolvency and bankruptcy regulation...
Raees + Co
Having a sound insolvency legal framework is essential in securing a business-friendly environment which fosters the interests of entrepreneurs and start-ups.
Egypt
Andersen in Egypt
A bankruptcy lawsuit is a procedural lawsuit initiated with the aim of proving a merchant's failure to pay a commercial debt.
Andersen in Egypt
دعوى الإفلاس، هى دعوى إجرائية لإثبات حالة توقف التاجر عن سداد ديناً تجارياً حال الأ
Ethiopia
Mesfin Tafesse & Associates (MTA)
As part of the government's effort to update and modernize existing laws in the commercial sector, a number of laws have been revised and a few new ones have been enacted.
Kenya
Anjarwalla & Khanna
Driven by the enactment of the Insolvency Act 2015, Kenya's corporate insolvency and restructuring infrastructure has grown in leaps and bounds.
Mauritius
Appleby
In 2020, the United Kingdom introduced a restructure plan under the Corporate Insolvency and Governance Act 2020 through section 26A of the Companies Act 2006.
Nigeria
Songhai Advisory LLP
There is a new opportunity for investment in Nigeria's power sector.
S.P.A. Ajibade & Co.
The phenomenal growth in international trade and investments in the 21st Century has increased the incidence of corporate entities having businesses, assets, debtors and creditors in several jurisdictions.
KPMG Nigeria
The Honourable Minister of Industry, Trade and Investment on 24 April 2022 approved the Insolvency Regulations 2022 ("the Regulations"), pursuant to the powers conferred on him by Section 867...
PUNUKA Attorneys & Solicitors
This Webinar intends to enlighten participants on the impact of the new law, and highlight sundry initiatives that are or will be helping companies, actual or prospective local and foreign investors regarding ease of doing business, continuity in business, restructuring and/or exiting options/strategies available in the event of insolvency.
Uganda
ENSafrica
The High Court recently passed a decision (Bank Of India (U) Limited Vs NC Beverages Limited And Uganda Revenue Authority (Civil Suit 0009 of 2021)...
ENSafrica
The High Court in Uganda has ruled that a petitioner for liquidation of a company must issue a statutory demand regardless of the grounds of the petition.
United Arab Emirates
BSA Ahmad Bin Hezeem & Associates LLP
A criminal complaint takes precedence over a civil claim or "Le criminel tient le civil en l'état", is a legal principle with origins in the French Penal Procedures Law...
Mayer Brown
The active trading of loans made to a borrower that has become unable to repay in full (known as non-performing loans or distressed debt) has been a feature of the North American and European...
Al Rowaad Advocates & Legal Consultancy
The new federal decree-law no. 35 of 2021 amending the provisions of federal decree-law no. 9 of 2016 regarding bankruptcy and its amendments has been introduced in the United Arab Emirates...
BSA Ahmad Bin Hezeem & Associates LLP
All UAE business owners and managers should be aware of the very recent decision of the Dubai Court of First Instance in the matter of the Bankruptcy of Marka Holdings PJSC...
Mayer Brown
Article 201 of the UAE Bankruptcy Law also entitles a court to order imprisonment in certain circumstances, including where there has been a failure to share information with a bankruptcy trustee.
Uzbekistan
GRATA International
In Uzbekistan, on April 13, 2022, a new law "On insolvency" No. ZRU-763 dated April 12, 2022 (the "Law on insolvency") came into force. The Law on insolvency regulates the insolvency of ...
GRATA International
The Cabinet of Ministers of the Republic of Uzbekistan adopted resolution "On approval of a unified regulation on the procedure for notifying the authorized body on the commencement...
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