Directors and officers’ liability under the new Saudi Companies Law
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A new UAE Federal Decree Law No.37 of 2022 on Family Businesses (the "Law") was issued in October 2022 and comes into force on 11 January 2023.
The Law aims to:
Some of the highlights of the new Law include the following:
We have prepared an in-depth special briefing, designed to support and inform our clients about the new Law, and its potential impact.