title: The effects of the public joint stock companies’ conversion on partners and creditors of the company: A comparative study between the Emirati and the Jordanian laws
metadata.name: dc.contributor.author
metadata.value: Madi, Ramzi
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Masn, Muna
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2024-04-01T16:49:29Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2024-04-01T16:49:29Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2024-03
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Madi, Ramzi, Muna Masn. 2024. “The effects of the public joint stock companies’ conversion on partners and creditors of the company: A comparative study between the Emirati and the Jordanian laws”. Vestnik of Saint Petersburg University. Law 1: 235–249. https://doi.org/10.21638/spbu14.2024.115
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu14.2024.115
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/45216
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: This paper aims to investigates the concept of conversion and will discuss the effects of conversion
  on the partners and the company’s creditors without discussing the effects of conversion
  for the converted company. This article compares two jurisdictions in middle east — United
  Arab Emirates (UAE), and Jordan. to find out how both jurisdictions have dealt with the effects
  of the public joint stock companies’ conversion on partners and creditors of the company.
  The article reached a set of findings, for example, it is not permissible for the transferred company
  to dissociate itself from the contracts that it had concluded before the transfer. The UAE
  legislator has done well when it explicitly stated that the rights of the partners or shareholders
  may not be violated towards the shareholders and creditors of the transferred company, holders
  of loan, bonds, or sukuk, and any interested party. The UAE legislative authority stipulated
  that the company’s conversion would be contingent upon objectors relinquishing their objections.
  Alternatively, if the court were to issue a final judgment rejecting the objection, or if the
  company were to promptly settle the debt, or provide substantial guarantees for future debt
  repayment, the conversion would proceed. Previous studies have been based on one jurisdiction,
  other than this study, which compared two jurisdictions in the middle east. Also, this
  article examined the recent commercial companies law issued in the United Arab Emirates. In
  addition, this article focused on one type of company, which is the public joint stock company.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: en
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Vestnik of St Petersburg University. Law;Volume 15; Issue 1
metadata.lang: -
metadata.name: dc.subject
metadata.value: conversion
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: partners
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: creditors
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: public joint stock company
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: United Arab Emirates
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Jordan
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: The effects of the public joint stock companies’ conversion on partners and creditors of the company: A comparative study between the Emirati and the Jordanian laws
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 235-249.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/45216/1/235-249.pdf
resources.format: Adobe PDF
resources.size: 675,89 kB