In the matter of : the appropriation (Royal merchant bank and finance company limited) Act no. 19 of 1999; advice

By: Astaphan, Anthony W
Material type: TextTextDescription: 28 pSubject(s): Law | Dominica | Financial Institution | DominicaSummary: This legal opinion, provided by Anthony W. Astaphan after expert guidance to the Government of Dominica on the appropriation (Royal Merchant Bank and Finance Company Limited) Act No. 19 of 1999. The act, enacted to address the financial crisis of Royal Merchant Bank and Finance Company Limited, authorized the government to appropriate the Banks's assets and liabilities. Astaphans' advice navigates the complexities of the act, providing a thorough examination of its implications on the financial sector, the rights of stakeholders and the government's responsibilities.
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This legal opinion, provided by Anthony W. Astaphan after expert guidance to the Government of Dominica on the appropriation (Royal Merchant Bank and Finance Company Limited) Act No. 19 of 1999. The act, enacted to address the financial crisis of Royal Merchant Bank and Finance Company Limited, authorized the government to appropriate the Banks's assets and liabilities. Astaphans' advice navigates the complexities of the act, providing a thorough examination of its implications on the financial sector, the rights of stakeholders and the government's responsibilities.

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