Civil Law

Professors Call for Saudi Appraisal Rights Along with Other Companies Act Reforms

We have previously covered (thanks to a guest post) that Saudi Arabia does not have appraisal rights, though its Companies Law provides for a number of other shareholder rights. Is it time for a change?

Professors Alhasani and Hassan of Prince Sultan University say “yes.” In a comprehensive paper in the International Journal for Scientific Research, the two professors call for the Saudi Companies Law to add explicit appraisal rights, along with a number of other suggested changes. Get the … Read the rest

Supreme Court

Jackson’s confirmation expected by end of week after committee deadlocks along partisan lines

Jackson’s confirmation expected by end of week after committee deadlocks along partisan lines

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The Senate Judiciary Committee deadlocked 11-11 along party lines on the nomination of Judge Ketanji Brown Jackson to succeed Justice Stephen Breyer, who plans to retire from the Supreme Court this summer. Despite the tie vote on Monday, Jackson’s nomination can still go to the Senate floor using a procedure known as a discharge petition and a simple majority vote to place Jackson’s nomination on the calendar. Once there, Democrats expect to confirm Jackson before the Senate adjourns for … Read the rest