General
2021 Top 5 law firms in Ghana with the highest number of lawyers
there is little surprise that lawyers create partnerships between and among themselves to allow them practice this dignified profession.
DL News
Results for "Corporate insolvency"
378 results.
General
“Menzgold heavily owes me too”-NAM1’s reply legally apt?
unless NAM1 is held liable for fraud or established that he used Menzgold as a Sham by a court of competent jurisdiction, his post that the company owes him too may be legally apt although some may see it as morally obnoxious.
DL News
Business
Nikola’s Milton charged with misleading investors
At a press conference Thursday, Gurbir Grewal, the SEC’s head of enforcement, highlighted the obligations of corporate officers to provide complete and accurate information about their companies.
DL News
General
Registrar-General: Some 50,000 companies to be deleted from database
“In that state, only a court can direct that the names of those companies be restored to the register”
DL News
General
US-based company sues Groupe Nduom, 18 others alleging money laundering, wire fraud
An equity fund and securities investment company based in the United States, Birim Group LLC, has brought charges against the founder and former flagbearer of the Progressive People’s Party (PPP), Dr Papa Kwesi Nduom.
DL News
General
Making sexual comments about women at workplaces is abuse – Lawyer
Ms Freda Aniwaah Boateng, the Group Head, Legal & Corporate Services, Alianz Ghana, says men passing sexual or romantic comments about women at the workplace is a form of sexual violence.
DL News
Africa
Law firms expand in Africa
South African law firm Webber Wentzel has bagged a team of M&A lawyers from Cliffe Dekker Hofmeyr, while Fluxmans Attorneys has hired a new director.
DL News
Opinion
Incorporating Companies in Ghana: Legal Requirements for Companies Limited by Shares and Companies Limited by Guarantee
This article provides a detailed analysis of the legal and procedural framework for incorporating companies in Ghana, particularly companies limited by shares and by guarantee. It also examines foreign investment regulations, statutory requ...
Elizabeth Asantewaa Ofori and Rosebella Nueki Thompson
General
AG concerned about high attrition rate as top prosecutors exit over poor pay
Speaking during a working visit by the Parliamentary Select Committee on Constitutional and Legal Affairs, Dr. Ayine revealed that a principal state attorney had recently tendered a resignation letter, citing financial pressures and the sta...
DL News
Courts
Capital Bank founder Ato Essien granted GH¢10M bail pending appeal
The court, in a ruling delivered today, approved bail set at GH¢10 million, with two sureties. As part of the bail conditions, Essien must deposit his passport at the court’s registry and report once a month to the Court Registrar.
DL News
Courts
Why was the case of Kwabena Duffuor and 7 others discontinued? -AG explains
At a sectoral update held on Monday, July 28, Dr. Ayine announced that the case, The Republic v. Kwabena Duffuor & 7 Others (CR/0248/2020), was withdrawn via a nolle prosequi following a structured settlement deal valued at GH¢2 billion—rou...
DL News
Business
Burger King Franchisee Files for Bankruptcy After $100M Financial Crisis
In court documents, the company revealed it owes tens of millions of dollars and has more than 200 unpaid creditors. This collapse adds to a growing trend of financial trouble sweeping through the fast-food world.
Lawyer Monthly
Business
High Court reverses BoG’s revocation of Ideal Finance operating licence
The court found that BoG failed to follow due legal procedures before stripping Ideal Finance of its license, rendering the revocation unlawful.
DL News
Business
Financial Sector clean-up: Persons implicated unfit to hold key positions-BoG
A statement signed by the Bank’s Secretary, Sandra Thompson noted also that this directive is to ensure ‘the continuous fitness and propriety of significant shareholders and persons, serving as directors and key management personnel,” of th...
DL News
Business
Names of 508,000 businesses, companies to be struck off
They are made up of over 8,000 companies limited by Shares (both Private and Public) and over 500,000 business names.
Graphiconline
Business
Lawyer Michael Akafia is new President of Ghana Chamber of Mines
He succeeds Joshua Mortoti, who recently resigned from Gold Fields Ghana, after his crucial role in promoting the Chamber’s goals.
DL News
Courts
An account of Ato Essien's case and 15 year-jail term
The judgment of the court follows Mr. Essien's inability to pay in full the restitution amount of GHC 90 million.
DL News
Courts
Capital Bank case: Court accepts Ato Essien's GHC 90m restitution deal
Aided by Fitzgerald Odonkor, Ato Essien is alleged to have transferred an amount of GH¢120 million of the BoG's liquidity support to All-Time Capital Limited, an investment management and advisory firm.
DL News
Courts
Capital Bank case: No statement imputing misconduct by state officials was made by court – Judicial Secretary
State Prosecutors have accused the Founder of the bank, William Ato Essien, of causing the insolvency of the bank by stealing about GH¢200 million of a GH¢620 million liquidity support given to the bank by the Bank of Ghana (BoG)
DL News
Courts
Court to deliver judgment on case against Ato Essien, 2 others December 1
Together with the former MP of the Bank, Rev Fritzgerald Odonkor, and a former MD of the MC Management Services, Tettey Nartey, they are standing trial for various offenses
DL News