News

The latest news from the firm and its achievements.

Financial Reorganization — Legal Excerpts (05)

Financial Reorganization — Legal Excerpts (05)

A procedure aimed at enabling the debtor (the merchant) to reach an agreement with their creditors for financial reorganization under the supervision of a reorganization trustee, granting the debtor an opportunity to recover from the economic crisis.

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Bankruptcy Procedures Available to Companies Under the Bankruptcy Law

Bankruptcy Procedures Available to Companies Under the Bankruptcy Law

Seven procedures enabled by the Saudi Bankruptcy Law for distressed companies: from preventive settlement to financial restructuring and liquidation.

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Commercial Register Data as Evidence — Legal Excerpts (03)

Commercial Register Data as Evidence — Legal Excerpts (03)

Data registered in the Commercial Register serves as evidence for or against the merchant from the date of registration, subject to precise controls for asserting it against third parties.

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Fourth Edition: The Interactive Document on the Commercial Courts System and the Companies System

Fourth Edition: The Interactive Document on the Commercial Courts System and the Companies System

The fourth and latest edition of the interactive document on the Commercial Courts System and the Companies System.

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Bad Faith in Negotiation — Legal Excerpts (02)

Bad Faith in Negotiation — Legal Excerpts (02)

Lack of seriousness in contract negotiations or the deliberate omission of a material statement affecting the contract constitutes bad faith, according to the Civil Transactions Law.

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Judicial Selections in Commercial Courts (01)

Judicial Selections in Commercial Courts (01)

The defendant must be notified in writing of the fulfillment of the claimed right at least 15 days prior to filing the lawsuit, via Saudi Post (Sabil), with the receipt retained and attached to the case.

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Interactive Guide to the Enforcement System before the Administrative Courts

Interactive Guide to the Enforcement System before the Administrative Courts

An interactive guide to the Enforcement System issued by Royal Decree No. (M/15) dated 27/01/1443H, before the Administrative Courts.

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Third Edition: The Interactive File Between the Commercial Courts System and the Companies System

Third Edition: The Interactive File Between the Commercial Courts System and the Companies System

The third edition of the interactive series on the Commercial Courts System and the Companies System.

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Key Provisions of the Executive Regulations for Appeal Procedures

Key Provisions of the Executive Regulations for Appeal Procedures

The ten most important rulings governing appeal methods: oral appeal time limits, cross-appeals, forfeiture of rights due to absence, and petitions for retrial.

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Key Features of the Real Estate Mediation System

Key Features of the Real Estate Mediation System

Comprehensive infographic on the Real Estate Mediation System: Definition, Mandatory Licensing, Contract and Commission Regulations, and Penalties up to SAR 200,000.

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Second Edition: The Interactive File on the Commercial Courts System and the Companies System

Second Edition: The Interactive File on the Commercial Courts System and the Companies System

The second edition of the interactive file with an expanded explanation of the provisions of the two systems.

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Key Aspects of Commercial Franchising

Key Aspects of Commercial Franchising

A comprehensive guide to the commercial franchising system: definition, franchisor requirements, three mandatory documents, the lawyer's role, and growth drivers.

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Lawsuits Requiring Representation by a Lawyer

Lawsuits Requiring Representation by a Lawyer

The regulations specify the lawsuits and requests that are only admissible through a lawyer before commercial courts, with certain exceptions.

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What is Considered in Determining the Value of the Original Claim?

What is Considered in Determining the Value of the Original Claim?

When calculating the value of the original claim, only the claims stated in the original petition are considered, excluding litigation costs or attorney fees.

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Subject-Matter Jurisdiction of Commercial Courts

Subject-Matter Jurisdiction of Commercial Courts

Nine categories of disputes fall under the jurisdiction of commercial courts, with a claim value threshold for contractual disputes as specified in the implementing regulations.

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First Edition: Interactive Guide Comparing the Commercial Courts System and the Companies System

First Edition: Interactive Guide Comparing the Commercial Courts System and the Companies System

Launch of the first edition of the interactive guide comparing the Commercial Courts System and the Companies System.

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Key Provisions of the New Companies Law

Key Provisions of the New Companies Law

The four most significant reforms introduced by Saudi Arabia's new Companies Law: from allowing legal entities to participate as general partners to exempting small companies from mandatory audits.

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Company Forms Under the New Companies Law

Company Forms Under the New Companies Law

The new Companies Law defines five main company forms, selected by the founder based on the nature of their activity and the extent of their liability.

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Entry into Force of the New Companies Law

Entry into Force of the New Companies Law

The new Saudi Companies Law entered into force on January 19, 2023, with a transitional period for existing companies to regularize their status.

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