Legal News

14 Jan 20
Nadine Imad

Do KISS and SAFE Notes require drafting and preparation?

The KISS and SAFE notes are both evolutions of the traditional convertible loan notes. A convertible loan note, is a form of short-term debt that converts into equity, typically in conjunction with a future financing round. In plain words, this means that the Investor (angel or institutional), would be loaning money to a Startup in […]

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02 Sep 19
Rami Alamé

Developing Capital Markets in Lebanon

PREFACE Lebanon holds a special position in the region and has long understood the value of the banking sector and financial markets. Since the end of the civil war in Lebanon in 1991, everyone understood the value of money in reconstructing the country. Government officials and experts enforced the banking sector hereby facilitating the inflow […]

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01 Jul 19
Magda Farhat

The 2019 Lebanese Commercial Law

Abstract The new Lebanese Commercial Law, Lebanon Law No. 126/2019, issued on 29 March 2019 and published in the official Gazette on 1 April 2019 came into force on 1 July 2019 (the Law). The Law is an amendment to Decree-Law No. 304/1942 dated 24 December 1942and introduces changes aiming to simplify formalities and procedures […]

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