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Showing posts from December, 2020

The Need for a Lawyer for a Collaborative Divorce

Ending a marriage is a difficult life even and no one wishes to go through it. We understand that it is an emotional experience for you to handle. Moreover, it is a major change and you don't want to make it more difficult for you as well as your spouse. It is observed that lawyers in Dammam are experts in making this procedure easy for you. They can make you understand the benefits of collaborative law. In addition to that, they can assist you with all the legal steps and measurements. Why is There a Need? These services are not confined to Dammam. these services can also be availed in the other states of Saudi Arabia including Makkah, Madinah, and Al Khobar, etc. Below are some ways in which legal assistance can be beneficial in the journey of pursuing a collaborative divorce. Less Time Taking Process The expenses of the legal process of divorce are quite hard to swallow. Moreover, the time it takes to get a divorce is more than what you expect it to be.   In such a ca

Know About Bankruptcy Law in Riyadh

The UAE Bankruptcy law has recently seen a change, as observed by lawyers in Riyadh . In the past insolvencies required companies in Saudi Arabia to undergo consensual restructuring of a debtor’s liabilities. Also, largely untested legislations previously pushed companies and their partners towards restrained insolvencies owing to limiting procedures. Major Laws of Bankruptcy Below are some major bankruptcy laws determined by Saudi Arabia. You need to know them before you go for any legal step. Moreover, you should consult a legal consultant in this regard. ·          Bankruptcy Law for Liquidation The latest law has eased the woes of businesses about bankruptcy and liquidation. This new law will act as a catalyst for the companies and will help them promote themselves. The new law aims to support businesses that are under pressure or distress. It is done by focusing on restructuring company debt and allowing them to deal with the failure of a business with ease. ·