News & Analysis as of

Limited Liability Company (LLC) Shareholder Approval

Hogan Lovells

Why Luxembourg remains a jurisdiction of choice for private equity

Hogan Lovells on

1. Framework for an exit from an SARL - Prior to 23 August 2016, any transfer of shares to non-shareholders of an SARL was subject to the prior approval of the shareholders holding not less than 75% of the SARL's share...more

Latham & Watkins LLP

New Saudi Companies Law – Accumulated Losses and Risk of Statutory Dissolution

Latham & Watkins LLP on

For the past few decades, the obligations of companies with losses reaching 50% or more of their share capital has been a topic of high debate in the Kingdom of Saudi Arabia. That is due to the uncertainty surrounding the...more

Latham & Watkins LLP

Saudi Arabia Issues New Regulations for Companies, Altering Regulatory Landscape

Latham & Watkins LLP on

Innovative changes address company and investor concerns as Saudi Arabia moves to modernize its corporate legal regime. On 9 November 2015, the Council of Ministers of the Kingdom of Saudi Arabia approved the...more

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