Twitter Logo Youtube Circle Icon LinkedIn Icon

Publishing firms

Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Legal Developments Worldwide

Articles contributed by Riad & Riad

View the listing for Riad & Riad

EGYPT'S NEW BANKRUPTCY LAW

May 2018 - Finance. Legal Developments by Riad & Riad.

More articles by this firm.

On 19 February 2018, a new law no. 11/2018 was issued regulating the restructuring, preventive reconciliation and bankruptcy in Egypt (the" Bankruptcy Law"). The law entered into force as of 22 March 2018.

The law introduces for the first time an out-of-court restructuring system which helps troubled companies reorganize their business. In the meant time, courts are given the authority to enforce a restructuring plan if a consensual solution is not reached. Also a new court supervised mediation system is introduced.

EGYPT'S NEW LABOR UNION LAW

April 2018 - Employment. Legal Developments by Riad & Riad.

More articles by this firm.

A new labor union organizations law was issued last December under Law No. 213/2017 (the “Law”) replacing previous labor union organizations law No. 35/1976. The Law explicitly provides for the prohibition of establishing labor unions based on religious or political grounds or incorporating discriminative rules in the articles of association of such organizations.

SUBSTANTIAL AMENDMENTS TO EGYPT'S COMPANIES ACT

April 2018 - Corporate & Commercial. Legal Developments by Riad & Riad.

More articles by this firm.

A new law is issued in Egypt to amend the Joint Stock Companies, Partnerships Limited by Shares and Limited liability Companies, known as the Companies Act no. 159 of 1981 (the "Law"). The amendments are effective as of 17 January 2018.

This report will summarize the main amendments introduced.