Legal Framework
From The Report: Bahrain 2018
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This chapter contains an overview of the legal framework in which local and international investors operate in Bahrain, including a look at the laws governing business in the kingdom and an explanation of the rules covering bankruptcy proceedings.

This chapter contains a viewpoint from Hatim Q Zu’bi, Partner, Zu’bi & Partners.

Articles from this Chapter

Overview

Island rules: The kingdom’s laws are continuing to evolve
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Bahrain’s Bankruptcy and Composition Law, promulgated by Legislative Decree No. 11 of 1987, aims to establish a balance between creditor and debtor interests. Honest and unfortunate merchants who suspend payment of their commercial debts are eligible to file for bankruptcy and conclude a conciliation with their creditors. The law also protects creditors from any act taken by the merchant debtors that could harm their interests. ADJUDICATION OF BANKRUPTCY: A petition for adjudication of…

Viewpoint

Laying a foundation: Hatim Q Zu’bi, Partner, Zu’bi & Partners, on the development of the Electronic Transactions Law
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Viewpoint:Hatim Q Zu’bi In 2002 Bahrain was among the first GCC countries to introduce legislation regarding electronic transactions. Legislative Decree No. 28 of 2002 promulgating the Electronic Transactions Law governs a wide array of electronic transactions and includes provisions on various issues, from the legal recognition of electronic records to formalities surrounding contracts concluded online. With the rapidly evolving technological landscape, it is necessary to ask if the Electronic…