Lebanon’s Code of Commerce does little to protect bankrupt business owners, which in the long term discourages investment in the economy. But in the case of insolvent banks, it could help launch civil and criminal lawsuits against bank directors.
Related
-
Fuelling Addiction: How Importers And Politicians Keep Lebanon Hooked On Oil
Eliminating National Oil Dependence Will Clear Out Conflicts Of Interest.
-
Force For Funds: Saving Lebanon’s Army From Financial Collapse
Only a Modern, Neutral and Sustainable LAF Can Survive the Economic Crisis.
-
Unfair Game: Lebanon’s Rigged Markets Are Killing Competition
For decades, Lebanon’s economy has overwhelmingly served the interests of certain economic actors, who preside over widespread monopolies and oligopolies.
Infographics
Soaked In Setbacks: A Fraught History of the SGBWSP
Unbottling The Benjamins: Where The Money Of The SGBWSP Will Flow
From the Mountain Cap to the Tap: The SGBWSP’s Planned Route to Beirut
No Peace Without Process: Changing Course on Hezbollah’s Arms
Packaged for Greed: The Hidden Agendas Behind Lebanon’s Postal Sector Power Grab
Explore our infographic on the interconnections and vested interests among the players vying to control LibanPost.