ስለ-ሕግ ⚖️ ABOUT-LAW

#Exciting_Opportunity ABOUT-US ስለ-ሕግ ABOUT-LAW, a leading e-legal service platform, is an endeavor to sidestep the lack of legal information and legal database for the legal community along with digitalizing legal service sector of Ethiopia. It is a snappy evolving platform and has more than 25,000 subscribers across its podiums. The platform endeavors to viaduct the legal information and legal service gaps that are suitable for law students, legal professionals, and people who want to learn more about the legal field and get legal services. Role About-Law is looking for a volunteer legal assistant for the creation of content for its social media platforms,  including Telegram, Facebook, and LinkedIn platforms.   Responsibility - Writing legal content for audiences - Post relevant information including but not limited to vacancies,  scholarships, and other calls.  - Reply to questions that are raised on our telegram platform.  - Support the team in ongoing legal-tech projects and initiatives and consolidation of legal documents. Qualification - Have diverse experience affiliated with legal writing and content creation. - LL.B graduates and exceptional final-year students will be considered.  🔗The necessary costs for the work will be covered. If you're interested in joining our team, kindly send your updated CV to [email protected]. Deadline-  April 30, 2024.

#Exciting_Opportunity About-Law is looking for a volunteer legal assistant for the creation of content for its social media platforms,  including Telegram, Facebook, and LinkedIn platforms.   The necessary internet package costs for the work will be covered by us.  Responsiblity - Writing legal contents for audiences - Post relevant information including but not limited vacancies,  scholarship and other calls.  - Reply questions that raised on our telegram platform.  - Support the team in ongoing legal-tech projects and initiatives Qualification - Have diverse experience affiliated with  legal - LL.B graduates and wildly final year students will be considered.  If you're interested to join our team, kindly send your updated CV via [email protected]. Deadline-  31 March, 2024.

#Legal_Updates 🔔Attention all undergraduate students who are passionate about legal writing!🔔 Justice Club is excited to announce that we are presently accepting submissions for the legal updates section. ✨We strongly encourage you to seize this incredible opportunity to showcase your writing skills and share your unique perspectives and insights. ✨🤗 🌟 Submit essays, articles, notes, or book reviews/comments including interdiciplinary legal topics. 🔸 Max 500 words 🔸 12 pt. Times New Roman, 1.5 spacing 🔸 Maintain coherence with concise paragraphs 🔸 Ensure clarity and depth in content 🔸 Endnote citations 🤩Send your submissions via Email: [email protected] Telegram: https://t.me/Justice_Club_Legal_Updates 🌟To see our works so far visit the following links: https://t.me/justice_club/487 https://t.me/justice_club/489 https://t.me/justice_club/498 https://t.me/justice_club/512 https://t.me/justice_club/520 https://t.me/justice_club/520 🚨For more, reach out! 📩 @Justice_Club

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Merger Under The New Commercial Code Of Ethiopia 15 March 2024 by Mintewab Afework Aman & Partners Legal Services LLP

The long-standing Commercial Code of Ethiopia first issued in 1952 was just recently replaced with a new Code in 2021. The new Commercial Code repealed Book I (Traders and Business), II (Business Organization) and III (Restructuring, Reorganization and Bankruptcy) of the previous Code. One of the major changes to the Code was the addition of a broader chapter governing mergers and divisions of business organizations. Previously, the Code provided only handful provisions on amalgamation (Article 549-554). On the new Code, merger of business organizations and its mechanics are addressed in greater detail under Title 10, Chapter 2 of Book III. Types of Mergers The Commercial Code defines merger of businesses as "... an operation whereby two or more organizations merge into one...". The law recognizes two modalities of merger: (1) merger by forming a new organization; and (2) merger by acquisition (Article 565). The law seems to envision direct mergers, whereby subsidiary entities are not necessarily required for the purposes of undertaking mergers. A merger by forming a new organization requires the existing business organizations to wound up without liquidation and transfer all their assets and liabilities to an organization they form (Article 565 (2)). The shareholders of the business organizations that are wound up, in exchange, will receive shares in the new entity. The shares they receive from the newly established business organization will be proportional to what they are currently holding in each company (Article 575 (1)). Additional payments may be made in cash. The second type of merger by acquisition requires one or more business organizations to wound up without liquidation and transfer all their assets and liabilities to a preexisting organization (Article 565 (3)). The shareholders of the company that is wound up will receive shares in the acquiring company. In such a merger type, one of the entities will have to wind up without liquidation and transfer its assets and liabilities to the other company. The shareholders of the company that is going to wound up will receive shares in the surviving entity. Additional payments may be made in cash. Read more- Link- https://www.mondaq.com/contracts-and-commercial-law/1437646/merger-under-the-new-commercial-code-of-ethiopia JOIN ስለ-ህግ ABOUT-LAW Telegram- https://telegram.me/ethiolawblog Facebook- https://m.facebook.com/aboutlawlegalservice LinkedIn- https://www.linkedin.com/company/aboutethiopian-law