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Middle East & Africa
Firmus Advisory
Registering of Sole Proprietorship business in Ghana is fairly simple and easy.
Anjarwalla & Khanna
Driven by the enactment of the Insolvency Act 2015, Kenya's corporate insolvency and restructuring infrastructure has grown in leaps and bounds.
Udo Udoma & Belo-Osagie
On 7th August 2020, the President of the Federal Republic of Nigeria, Muhammadu Buhari GCFR, assented to the Companies and Allied Matters Act, 2020 which repealed and replaced the Companies and Allied Matters Act, ...
Olisa Agbakoba Legal (OAL)
Fostering effective credit administration in Nigeria to encourage proper credit management development was one of the reasons for the establishment of the General Assembly of Banks' Chief Executives (GABCE) in Nigeria.
South Africa
With so many businesses facing financial distress as a consequence of the economic fall out of the past 18 months brought about by the COVID-19 pandemic...
A recent judgment by the Supreme Court of Appeal, Timasani (Pty) Ltd (in business rescue) and Another v Afrimat Iron Ore (Pty) Ltd [SCA case number 91/2020] has given some much needed guidance...
Schoemanlaw Inc.
If you are approached by a liquidator wishing to claim back money paid to you by a provisionally liquidated business, what are your options?
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
Hassan Elhais
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.
BSA Ahmad Bin Hezeem & Associates LLP
In the following series of articles, Barry Greenberg provides the reader with a comprehensive look at bankruptcy proceedings in the UAE, from beginning to end.
BSA Ahmad Bin Hezeem & Associates LLP
The rise in the number of companies facing severe financial distress is an unavoidable fact of today's economic market.
BSA Ahmad Bin Hezeem & Associates LLP
Certain enhanced protections of debtors under the UAE Bankruptcy Law – Federal Law No. 9 of 2016 – which were previously put into place on an emergency basis in response to the Covid pandemic, have now expired.
Hassan Elhais
It is important that you develop the habit of being aware of the relevance of your credit report and also develop a habit of regularly checking the same.
BSA Ahmad Bin Hezeem & Associates LLP
The legal and regulatory landscape is constantly evolving, meaning businesses have to remain agile in order to continue to progress.
BSA Ahmad Bin Hezeem & Associates LLP
Health Insurance is by far the largest line of risk along side motor insurance in the United Arab Emirates. Both lines of insurance are mandatory, save that health insurance is currently only...
Hassan Elhais
Financial liability in terms of multiple loans or credit cards is to be best handled by availing the option of a ‘Debt consolidation loan in UAE'. There are several banks in the UAE providing the...
Hassan Elhais
This article provides for the insolvency law for the companies who are facing losses and are opting for deceleration of insolvency during the pandemic. Covid -19 pandemic has not only disturbed...
BSA Ahmad Bin Hezeem & Associates LLP
The worldwide economic distress caused by the ongoing Covid-19 pandemic has certainly not spared the GCC region...
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