Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Abdul Latif and Brothers Solidarity Company was established in 2016, where the companys article of association stipulated that all profits are transferred annually to Abdul

Abdul Latif and Brothers Solidarity Company was established in 2016, where the companys article of association stipulated that all profits are transferred annually to Abdul Latifs account only, without his brothers. The company has been criticized for posting on Facebook a picture of a seventeen-year-old girl who does not wear a headscarf without her consent. In 2020, the company dismissed all female employees who work for it in senior positions on the pretext of their inability to perform the tasks assigned to them, even though these senior positions does not require a man to work in them. In 2021, one of the partners died and his 9-year-old heir took his place in the company without amending the articles of association or the type of company. Finally, the company stopped paying its debts since 2021, and in an attempt to obtain liquid funds, it deliberately burned the factory in order to take the insurance amount on the factory from the insurance company. The insurance company discovered this after paying the insured amount and wanted to recover the amount.

Determine the legal problems, or future lawsuits that can be filed against the company in detail, and the competent court to consider these lawsuits, and by whom are they filed?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Crypto Finance Law And Regulation

Authors: Joseph Lee

1st Edition

0367086611, 978-0367086619

More Books

Students also viewed these Finance questions