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16 COUNTRIES
5 INSTITUTIONS
9 UNIFORM ACTS
OHADA
Here…
I S O H A D A F O R L E G A L T E C H N I C I A N S ?
O R D O E S I T S E R V E O T H E R P U R P O S E S ?
AMBITIOUS GOALS
• making progress toward African
unity
• creating a climate of trust in the
economic systems of the
contracting states
• a view to creating a new center
of development in Africa
MEANS TO AN END
• harmonized, simple, modern
and adapted business law
• diligently applied
• provide legal certainty
LEGAL CERTAINTY
“prediction of the incidence of the public force through the
incidence of the courts” (Holmes)
It is best served by a set of laws which are:
comprehensive
definite
coherent
diligently applied
INCREASED LEGAL
CERTAINTY?
• mixed response
• state level implementation is
Achilles’ heel
ACHIEVEMENTS
• a new supranational organization –
no small feat
• nine uniform acts
COMPREHENSIVE SET
OF LEGISLATION
• centered on the micro-level
(the productive unit)
• groundwork for better protection of
property and capital formation
DIRECTLY APPLICABLE
the drafters intended the uniform
acts to be specific enough to be
directly applicable without
implementing regulation
COHERENCE
• art. 10 of the OHADA Treaty provides that
the uniform acts preempt all domestic
statutes covering the same subject matter
• the Court of Justice of the OHADA (CCJA)
guarantees the uniformity of interpretation
of the OHADA law
INNOVATIONS
• the status of entreprenant from the
Uniform Act on General Commercial Law
• institution of a movable assets registry
(RCCM) from the Uniform Act on General
Commercial Law
• elimination of the requirement of the
physical dispossession of the grantor with
respect to tangible pledged assets from
the Uniform Act on Secured Transactions
A FEW FLAWS
• bankruptcy may be the “unwanted
handmaiden of commercial debt…” but
OHADA member states have no significant
level of commercial lending
• no mediation and conciliation
• only the Uniform Act on Community Owned
Business and the new Entreprenant status
acknowledge the existence of an informal
sector (which accounts for 60 to 85 % of the
GDP of the OHADA member states)
ENOUGH LEGISLATING,
NOW ENFORCE
• further legislating activity risks
overreaching
• coordination necessary with other regional
bodies producing law such as UEMOA,
ECOWAS, CEMAC
• when markets become more concentrated
and less local, the drafters should move to
the next step
INSTITUTIONAL
CHALLENGES
• budgetary constraints
• CCJA has case backlog in part
structural and in part traceable to
the turmoil in Cote d’Ivoire
CHALLENGES SPECIFIC
TO THE RCCM
the RCCM is a movable assets registry
• computerization requires better coordination
among donors, as well as between the
OHADA institutions and the member states
• no reliable civil status registry in most
member States
IMPLEMENTATION
CHALLENGES
• coexistence of the OHADA legislation and
non-abrogated domestic provisions
• slow and difficult appropriation by
domestic courts
OHADA REMAINS
ABSTRACT
• at the state level it is virtually unknown to
accountants, money lenders, court
registries, chambers of commerce,
business registration units, micro finance
institutions, banks, insurance companies,
arbitration chambers, etc.
• necessary to inventory all institutions and
professionals impacted by OHADA in
everyday activity
JUDICIAL SPACE
• the decisions of the CCJA are directly
applicable in the member states
• no adequate mechanism for recognition
and enforcement of final judgments from
lower courts applying the OHADA within
the OHADA space
“ LE DROIT N ’ ATTEINT SA
PLÉNITUDE Q U ’ EN SE
RÉALISANT. ”
H E N R I M O T U L S K Y

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Ohada 11.15.2011

  • 3. Here… I S O H A D A F O R L E G A L T E C H N I C I A N S ?
  • 4. O R D O E S I T S E R V E O T H E R P U R P O S E S ?
  • 5. AMBITIOUS GOALS • making progress toward African unity • creating a climate of trust in the economic systems of the contracting states • a view to creating a new center of development in Africa
  • 6. MEANS TO AN END • harmonized, simple, modern and adapted business law • diligently applied • provide legal certainty
  • 7. LEGAL CERTAINTY “prediction of the incidence of the public force through the incidence of the courts” (Holmes) It is best served by a set of laws which are: comprehensive definite coherent diligently applied
  • 8. INCREASED LEGAL CERTAINTY? • mixed response • state level implementation is Achilles’ heel
  • 9. ACHIEVEMENTS • a new supranational organization – no small feat • nine uniform acts
  • 10. COMPREHENSIVE SET OF LEGISLATION • centered on the micro-level (the productive unit) • groundwork for better protection of property and capital formation
  • 11. DIRECTLY APPLICABLE the drafters intended the uniform acts to be specific enough to be directly applicable without implementing regulation
  • 12. COHERENCE • art. 10 of the OHADA Treaty provides that the uniform acts preempt all domestic statutes covering the same subject matter • the Court of Justice of the OHADA (CCJA) guarantees the uniformity of interpretation of the OHADA law
  • 13. INNOVATIONS • the status of entreprenant from the Uniform Act on General Commercial Law • institution of a movable assets registry (RCCM) from the Uniform Act on General Commercial Law • elimination of the requirement of the physical dispossession of the grantor with respect to tangible pledged assets from the Uniform Act on Secured Transactions
  • 14. A FEW FLAWS • bankruptcy may be the “unwanted handmaiden of commercial debt…” but OHADA member states have no significant level of commercial lending • no mediation and conciliation • only the Uniform Act on Community Owned Business and the new Entreprenant status acknowledge the existence of an informal sector (which accounts for 60 to 85 % of the GDP of the OHADA member states)
  • 15. ENOUGH LEGISLATING, NOW ENFORCE • further legislating activity risks overreaching • coordination necessary with other regional bodies producing law such as UEMOA, ECOWAS, CEMAC • when markets become more concentrated and less local, the drafters should move to the next step
  • 16. INSTITUTIONAL CHALLENGES • budgetary constraints • CCJA has case backlog in part structural and in part traceable to the turmoil in Cote d’Ivoire
  • 17. CHALLENGES SPECIFIC TO THE RCCM the RCCM is a movable assets registry • computerization requires better coordination among donors, as well as between the OHADA institutions and the member states • no reliable civil status registry in most member States
  • 18. IMPLEMENTATION CHALLENGES • coexistence of the OHADA legislation and non-abrogated domestic provisions • slow and difficult appropriation by domestic courts
  • 19. OHADA REMAINS ABSTRACT • at the state level it is virtually unknown to accountants, money lenders, court registries, chambers of commerce, business registration units, micro finance institutions, banks, insurance companies, arbitration chambers, etc. • necessary to inventory all institutions and professionals impacted by OHADA in everyday activity
  • 20. JUDICIAL SPACE • the decisions of the CCJA are directly applicable in the member states • no adequate mechanism for recognition and enforcement of final judgments from lower courts applying the OHADA within the OHADA space
  • 21.
  • 22. “ LE DROIT N ’ ATTEINT SA PLÉNITUDE Q U ’ EN SE RÉALISANT. ” H E N R I M O T U L S K Y