Understanding the New Financial Violations in Lebanese Commercial Law
Introduction In recent years, Lebanese commercial law has undergone significant changes to address emerging financial crimes. The new Lebanese Commercial Law No. 126, dated March 29, 2019, introduces several provisions aimed at safeguarding companies from malicious activities. This blog post will delve into two key financial crimes outlined in the law: intentional harm to the company and concealment of the company's true financial status. Intentional Harm to the Company Article 253 (1) of the new law establishes penalties for individuals who intentionally damage...
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