As a lawyer practising in Jordan and involved in project finance transactions, I often advise on structuring security packages to protect lenders’ interests. Lenders are also interested in understanding what happens when the business they are financing faces insolvency risks. The laws governing these issues in Jordan have been problematic and...
In corporate management, as in other aspects of life, the simplest way to promote responsible behaviour is to ensure accountability. The new TCC, in its overhaul of the commercial landscape, will initiate serious changes towards facilitating good corporate governance. It will introduce a legal regime that will require clarity in the assignment...
Since the beginning of the last decade, Bahrain had been ranked very favourably for investment opportunities, particularly in real estate. However, the impact of global economic recession that hit Bahrain late coupled with sectarian civil unrest left prominent blemishes on Bahrain’s until-recently-clean slate. We saw a serious shortage of funds...
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