Mondaq All Regions - United Arab Emirates: Insolvency/Bankruptcy/Re-structuring
Clyde & Co
In the current economic conditions, creditors of UAE businesses are focused on their chances of debt recovery. How will the Law assist?
Reed Smith (Worldwide)
The current law regarding insolvency in the UAE is not a comprehensive regime, and the present framework is found across three different laws...
Clyde & Co
The new UAE Bankruptcy Law (Federal Law No. 9 of 2016) has put a spotlight on the treatment of companies in financial difficulties in the United Arab Emirates.
Clyde & Co
The UAE government has issued Federal Decree Law No. 9 of 2016 on Bankruptcy (the New Law).
Reed Smith (Worldwide)
Currently in the UAE, laws related to insolvency are unclear. Companies face harsh penalties in a bankruptcy scenario, and individuals can face criminal sanctions and penal sentences.
Latham & Watkins
The global nature of the financial crisis, liquidity constraints, declining asset values, general market uncertainty and the realisation that insolvency systems in the Middle East have not developed at the same pace as the business environment have placed insolvency and restructuring law reform firmly in the sights of the region’s policy makers.
Clyde & Co
The U.A.E and Republic of South Korea have not entered into a bi-lateral treaty under which they are obliged to recognise each other's court orders or judgments
Most Popular Recent Articles
Reed Smith (Worldwide)
The current law regarding insolvency in the UAE is not a comprehensive regime, and the present framework is found across three different laws...
Clyde & Co
The UAE government has issued Federal Decree Law No. 9 of 2016 on Bankruptcy (the New Law).
Clyde & Co
In the current economic conditions, creditors of UAE businesses are focused on their chances of debt recovery. How will the Law assist?
Clyde & Co
The U.A.E and Republic of South Korea have not entered into a bi-lateral treaty under which they are obliged to recognise each other's court orders or judgments
Reed Smith (Worldwide)
Currently in the UAE, laws related to insolvency are unclear. Companies face harsh penalties in a bankruptcy scenario, and individuals can face criminal sanctions and penal sentences.
Clyde & Co
The new UAE Bankruptcy Law (Federal Law No. 9 of 2016) has put a spotlight on the treatment of companies in financial difficulties in the United Arab Emirates.
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