August 2022

Registration of Shares Devolved by Succession

Case Summary This post summarizes a Cassation Bench Decision File No.177968 between Nazareth and Arsi Soap Factory PLC, and Nazrawi (Niger) Oil PLC vs. W/ro Yeshi Alemayehu and others regarding the registration of members that acquired shares in a company through succession. Genesis The two PLCs (Nazareth and Arsi Soap Factory PLC, and Nazrawi (Niger)...
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የግልግል ዳኝነት ምንድን ነው?

የግልግል ዳኝነት ባህሪያት እና መገለጫዎቹ በተወሰነ መልኩም ቢሆን ከአገር አገር የተለያየ እና ከጊዜ ወደ ጊዜ የሚቀያየር በመሆኑ በአለም አቀፍ ደረጃ አንድ ወጥ የሆነ ትርጉም ሊበጅለት አልተቻለም።[1] በመላው ዓለም ተቀባይነት ባገኙ የግልግል ዳኝነት ስምምነቶች(ኮንቬንሽኖች) እና ህጎች ማለትም በተባበሩት መንግስታት የዓለም አቀፍ ንግድ ህግ ኮሚሽን (UNCITRAL) ሞዴል ህግ ላይም ሆነ በተለምዶ የኒውዮርክ ስምምነት እየተባለ በሚጠራው በውጪ አገር...
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Legal Update on Directive No. 914/2022:  A Directive on Exporting Sample Products for the Manufacturing Industry Sector No. 914/2014

General Overview The Directive is issued by the Ministry of Finance of the Federal Democratic Republic of Ethiopia with the purpose of entitling exporters to export samples without paying tariffs and duties and without obtaining export permission from a bank. The Directive defines “Product Samples” as exact products or a representation of the product sent...
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Legal Update on the New Investment Incentive Regulation 517/2022

Following the passage of the Investment Proclamation and Regulation of 2020, the Council of Ministers of the Federal Democratic Republic of Ethiopia issued Investment Incentive Regulation No 517/2022 (hereafter the “Regulation”) on 12th July 2022.
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