Trouble for troubled bank resolution ..... continued.(Zimbabwe)

Publication: Corporate Counsel

Publication Date: 01-JAN-06

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COPYRIGHT 2006 American Lawyer Media L.P.

ZIMBABWE

Mbidzo Muchadehama & Makoni Harare

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In last our article we saw the Supreme Court holding that acquisition of three troubled banks' assets by the SPV (I) were a nullity.

However the Court went on to dismiss the appeals. It held that although the appellant shareholders had locus standi, they...

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