par Liliane Mokbel, 14/02 10:31 - Reading : 3 minute(s)
On Tuesday, the administrative court ruled on the dispute between the Association of Banks in Lebanon (ABL) and the State. The Council of State invalidated the government's plan to abolish bank reserves at the Banque du Liban (BDL). A major blow, which calls into question the validity of the banking resolution proposed by the government. On ...
par Liliane Mokbel, 16/02 21:40 - Reading : 4 minute(s)
ABL Akram Azouri BDL Council of State
The Council of State's decision to invalidate the article related to the suppression of a significant portion of the state's foreign currency commitments to the Central Bank of Lebanon (BDL), as outlined in the government's economic recovery plan dated 20/5/2022, brings some relief to depositors and bankers. However, questions concerning the ...
par Liliane Mokbel, 12/04 18:35 - Reading : 3 minute(s)
Commercial Leases Council of State
The fate of parties engaged in old commercial leases remains uncertain, despite the State Council’s decision on April 5, 2023, to suspend Decree-Law No. 12835 concerning the government's referral of the commercial lease law to Parliament. Until the Council of State adjudicates on the substance of Decree-Law No. 12835 concerning old commercial ...
