Business Law in Africa: OHADA and the Harmonization Process

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Kogan Page Publishers, 2002 - Law - 356 pages
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The Organization for the Harmonization of Business Law in Africa (OHADA) is working toward a unified system of business law in order to encourage foreign investment in, and commerce with, Africa. OHADA has currently 16 member countries: Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Cormoros, Congo, Ivory Coast, Gambon, Guinea, Guinea Bissau, Equatorial Guinea, Mali, Niger, Senegal, and Togo. Ghana and Nigeria are interested in membership, though not yet committed.
 

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Contents

Institutions
8
General Considerations on OH AD A Uniform Acts
18
B Advisory opinion
24
Legal Value of the Provisions of the Uniform Acts
25
B Capacity to undertake commercial transactions
31
A Scope of the Uniform Act
37
Sale of the business
44
B Factors or commission agents commissionnaires
51
Collective Proceedings for the Clearing of Debts
158
Administration Redressement judiciaire 767
167
E Closure of administration
177
Management Liabilities
186
B Secondary collective proceedings
192
Personal Securities Suretes personnelles 275
215
Distribution of Proceeds and Ranking of Securities
224
Practical problems
230

Effects of the sale agreement
58
General Provisions
64
B Management powers
70
G Windingup
78
Shareholders
94
G Net equity position
103
J Transformation
114
F Auditors
120
Unlimited Liability Companies
122
B Branches Succursales
130
A Scope of public offerings
145
Penalties
151
Measures of execution mesures dexecution
237
Arbitration Law
255
CCJA Arbitration
268
G The award
277
Future Uniform Acts
284
Specialized Organizations
297
Appendix B
306
Appendix E
319
Glossary
325
Bibliography
338
Index
347
Copyright

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Avocat a la Cour de Paris, Frere Cholmeley-Eversheds

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