The Beijing Arbitration Commission/Beijing International Arbitration Center (BAC/BIAC) is pleased to support the fourth session of Maxwell Conversations, titled “Duties of International Arbitrators”.
The Directorate of Investment and Company Administration (“DICA”) under the Ministry of Investment and Foreign Economic Relations issued three notifications, namely, Notifications 58/2022, 59/2022, and 64/2022 in April 2022 (“Notifications”). As per the Notifications, 300 companies incorporated under the Myanmar Companies Law 2017 (“MCL”) which failed to submit their annual returns (“AR”) within the prescribed time period were struck off this...
Content Types: ArticleRegions & Countries: Hong KongIndustries: Media & EntertainmentServices: Legal
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Content Types: ArticleRegions & Countries: United Arab EmiratesIndustries: Banking & FinanceServices: Legal
In one of the largest judgements issued by the DIFC Courts, the Court has granted Immediate Judgment to nine banks following the failure by the borrower and eight guarantors to re-pay AED1.9 billion syndicated conventional and Islamic facilities (and other failures).
Panama, April 28, 2022. Morgan & Morgan Legal advised Orla Mining Ltd., as borrower and Minera Cerro Quema, S.A., as guarantor with respect to a secured credit facility of US$150 million (the “Credit Facility”). The Credit Facility includes a US$100 million term facility and a US$50 million revolving facility through a syndicate of lenders composed of The Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce. The...
Last April 5, 2022, YCP Solidiance and DFDL, a leading international law firm, presented “Keys to Successful M&A in Southeast Asia” a live webinar which addressed challenges international investors may face when striking M&A deals in the dynamic Southeast Asian market.
Decision No.1 of the QCB Governor on the procedures for regulating the moveable assets security register (the “Regulations”) was issued on the 19th of April 2022 and is now effective. The Regulations have been issued pursuant to Article 6 of Law No. 6 of 2021 (the “Moveable Assets Security Law”) and represents a shift to an electronic system for the registration of security over moveable assets.
On the 17 of April 2022, the General Organization for Import and Export Control (GOEIC) announced the suspension of import activities of over 800 foreign companies and factories to Egypt for failing to register their companies in the importer’s registry in Egypt. Amongst the suspended companies are notable pharmaceutical, beverage, and consumer goods companies.