Ethiopia: High Court Upholds Lower Court's Decision On AACCSA Vs United

Appeal to reverse the Lideta Federal First Instance Court's decision is rejected

On November 25, 2014, the Federal High Court decided to uphold the Lower Court's decision to invalidate the decision at the Addis Abeba Chamber of Commerce & Sectoral Association's ninth annual general meeting. It also invalidated all decisions passed on its December 19, 2013, meeting, noting that it violated the representatives of the member company, united insurance's right of vote.

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