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    Oman Bankruptcy Law
    2022-02-15

    Before the new bankruptcy law (Royal Decree 53/2019) (the “Bankruptcy Law”) came into effect in Oman, the laws and regulations regulating bankruptcies were limited and simply addressed in laws such as the commercial law (Royal Decree 55/1990 (as amended)) (the “Commercial Law”) and the commercial companies law (Royal Decree 18/2019) (the “Commercial Companies Law”). These laws provided the framework for the bankruptcy of a person and the liquidation of insolvent companies only.

    Filed under:
    Oman, Insolvency & Restructuring, CMS Cameron McKenna Nabarro Olswang LLP, Bankruptcy
    Authors:
    Helen Dean
    Location:
    Oman
    Firm:
    CMS Cameron McKenna Nabarro Olswang LLP
    How dispute finance can help distressed energy companies around the globe: Focus on Europe and the Middle East
    2020-08-04

    In the last installment of this 3-part series, Oscar van Rossum du Chattel, a Senior Case Intelligence Manager based in Omni Bridgeway’s Geneva office, and Jonathan Siklos, a Senior Case Intelligence Manager bas

    Filed under:
    European Union, Kuwait, Middle East, Oman, Qatar, Saudi Arabia, United Arab Emirates, Energy & Natural Resources, Insolvency & Restructuring, Projects & Procurement, Omni Bridgeway, Fracking, Force majeure, Coronavirus, Office of Foreign Assets Control (USA)
    Authors:
    Oscar van Rossum du Chattel , Jonathan Siklos
    Location:
    European Union, Kuwait, Middle East, Oman, Qatar, Saudi Arabia, United Arab Emirates
    Firm:
    Omni Bridgeway
    COVID-19: The impact and responses in Oman
    2020-06-22

    Click here to watch the video.

    In this webinar, Ahmed Al Barwani, Head of Office – Oman & Richard Baxter, Senior Associate, Corporate Commercial – Oman discussed the following topics:

    • The new Bankruptcy Law (Royal Decree 53 of 2019)
    • Force Majeure
    • Labour Law Update
    Filed under:
    Oman, Employment & Labor, Insolvency & Restructuring, Al Tamimi & Company, Force majeure, Coronavirus
    Authors:
    Ahmed Al Barwani , Richard Baxter
    Location:
    Oman
    Firm:
    Al Tamimi & Company
    GCC Quarterly Review - Q3 2018
    2018-10-03

    The GCC Quarterly Review briefly summarises a selection of the major developments in the laws of the Gulf Cooperation Council (GCC) region (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates) in the third quarter of 2018, with links to further reading, where available.

    Filed under:
    Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Banking, Capital Markets, Insolvency & Restructuring, IT & Data Protection, Legal Tech, Litigation, Linklaters LLP, Blockchain, Financial Stability Board, Gulf Cooperation Council, Dubai International Financial Centre
    Location:
    Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates
    Firm:
    Linklaters LLP
    The Oman Update - Official Gazette 1159
    2016-08-30

    Sultani Decrees

    Sultani Decree No. 39/2016

    Enacting the Law on the continued validity of the licences of foreign accountancy and audit firms and the exemption of Omani owners of such firms from the full time requirement.

    The Law extends the validity of the licences and the exemption up to 31/12/2017 renewable by a decision from the Ministers Council.

    Issued on 18 August 2016. Effective from the day after the date of publication.

    Sultani Decree No. 40/2016

    Filed under:
    Oman, Banking, Company & Commercial, Immigration, Insolvency & Restructuring, Public, Trademarks, White Collar Crime, Dentons
    Authors:
    Paul Sheridan , Sumaiya Al Yarubi
    Location:
    Oman
    Firm:
    Dentons
    The Oman Update - Official Gazette 1172
    2016-12-11

    Ministerial Decisions

    Ministerial Decision No. 212/2016 Issuing the Regulations on cultural initiatives Issued on 5 December 2016. Effective from the day after its publication date

    Ministerial Decision No. 238/2016 Determining the fees for enrolment in the table of lawyers Issued on 1 December 2016. Effective from the day after its publication date

    Filed under:
    Oman, Company & Commercial, Insolvency & Restructuring, Legal Practice, Public, Trade & Customs, Trademarks, Dentons
    Authors:
    Nick Simpson , Umaima Al-Wahaibi
    Location:
    Oman
    Firm:
    Dentons
    The Oman Update - Official Gazette 1173
    2016-12-18

    Royal Orders Conferring Honours

    Order conferring the Sultan Qaboos Award for Culture, Science, Arts and Literature (First Class) to HE Dr. Hamadoun Touré, former Secretary-General of the International Telecommunication Union (ITU), in recognition of his efforts in the service of the ITU and the achievement of its objectives. Issued on 7 December 2016.

    Ministerial Decisions

    Filed under:
    Oman, Insolvency & Restructuring, Shipping & Transport, Trademarks, Dentons
    Authors:
    Nick Simpson , Umaima Al-Wahaibi
    Location:
    Oman
    Firm:
    Dentons
    The Oman Update - Official Gazette 1174
    2016-12-25

    Ministerial Decisions

    Ministerial Decision No. 261/2016 Amending Ministerial Decision No. 1020/2009 (on rights of audience for Omani and non-Omani lawyers). This decision extends the period within which non-Omani lawyers may have a right of audience before the Appeal Courts and Supreme Court to 31 December 2020. Issued on 22 December 2016. Effective from 1 January 2017

    Filed under:
    Oman, Company & Commercial, Insolvency & Restructuring, Legal Practice, Public, Shipping & Transport, Trademarks, Dentons
    Authors:
    Nick Simpson , Umaima Al-Wahaibi
    Location:
    Oman
    Firm:
    Dentons
    The Oman Update - Official Gazette 1175
    2017-01-01

    Sultani Decrees

    Sultani Decree No. 1/2017 Ratifying the General Budget of State for Fiscal Year 2017 Enacted on 1 January 2017. Effective from 1 January 2017

    Ministerial Decisions

    Diwani Decision No. 39/2016 Naming members of the Municipal Council, Muscat Governorate, for the second term. Issued on 28 December 2016

    Ministerial Decision No. 165/2016 Publishing the Final Account of the State for Fiscal Year 2015. Issued on 21 December 2016

    Filed under:
    Oman, Company & Commercial, Designs and trade secrets, Insolvency & Restructuring, Public, Dentons
    Authors:
    Nick Simpson , Umaima Al-Wahaibi
    Location:
    Oman
    Firm:
    Dentons
    The Oman Update - Official Gazette 1197
    2017-06-04

    Ministerial Decisions

    Ministry of Manpower

    Ministerial Decision No. 187/2017

    Continuing the suspension of permits for the temporary recruitment of non-Omani manpower in certain professions. Permits are to be suspended for salesmen/marketing professionals and purchasing representatives, as specified in MD 608/2013 and MD 381/2016. The suspension period is to be extended by a further 6 months with effect from 1 June.

    Issued on 29 May 2017.

    Ministerial Decision No. 188/2017

    Filed under:
    Oman, Company & Commercial, Immigration, Insolvency & Restructuring, Public, Trademarks, Dentons
    Authors:
    Nick Simpson , Umaima Al-Wahaibi
    Location:
    Oman
    Firm:
    Dentons

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