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United Arab Emirates
BSA Ahmad Bin Hezeem & Associates LLP
All UAE business owners and managers should be aware of the very recent decision of the Dubai Court of First Instance in the matter of the Bankruptcy of Marka Holdings PJSC...
Mayer Brown
Article 201 of the UAE Bankruptcy Law also entitles a court to order imprisonment in certain circumstances, including where there has been a failure to share information with a bankruptcy trustee.
BSA Ahmad Bin Hezeem & Associates LLP
In the following series of articles, Barry Greenberg provides the reader with a comprehensive look at bankruptcy proceedings in the UAE, from beginning to end.
BSA Ahmad Bin Hezeem & Associates LLP
The rise in the number of companies facing severe financial distress is an unavoidable fact of today's economic market.
BSA Ahmad Bin Hezeem & Associates LLP
Certain enhanced protections of debtors under the UAE Bankruptcy Law – Federal Law No. 9 of 2016 – which were previously put into place on an emergency basis in response to the Covid pandemic, have now expired.
Hassan Elhais
It is important that you develop the habit of being aware of the relevance of your credit report and also develop a habit of regularly checking the same.
BSA Ahmad Bin Hezeem & Associates LLP
The legal and regulatory landscape is constantly evolving, meaning businesses have to remain agile in order to continue to progress.
BSA Ahmad Bin Hezeem & Associates LLP
Health Insurance is by far the largest line of risk along side motor insurance in the United Arab Emirates. Both lines of insurance are mandatory, save that health insurance is currently only...
Hassan Elhais
Financial liability in terms of multiple loans or credit cards is to be best handled by availing the option of a ‘Debt consolidation loan in UAE'. There are several banks in the UAE providing the...
Hassan Elhais
This article provides for the insolvency law for the companies who are facing losses and are opting for deceleration of insolvency during the pandemic. Covid -19 pandemic has not only disturbed...
Hassan Elhais
It is quite obvious that coronavirus has somewhat brought the economy to a halt for a certain time and the government across countries are trying every bit possible to revive it.
Hassan Elhais
Introduction of the Bankruptcy Law was a major step forward and was influenced by features of a number of insolvency law regimes in other jurisdictions, as well as international insolvency law trends.
Herbert Smith Freehills LLP
https://www.herbertsmithfreehills.com/latest-thinking/pressure-points-timely-amendments-to-uae-bankruptcy-law-introduced-to-cover
BSA Ahmad Bin Hezeem & Associates LLP
One such provision will revise the existing requirement that a debtor commences procedures to declare bankruptcy if in distress.
Clyde & Co
Business are suffering from the economic impact of the global pandemic.
Hassan Elhais
We all have been witnessing major steps taken by the government of UAE in order to prevent negative impact of coronavirus on our economy. COVID-19 has just made wide-scale interruption to various ventures both locally and internationally.
BSA Ahmad Bin Hezeem & Associates LLP
The United Arab Emirates (UAE) Insurance Authority recently published the Insurance Authority Board of Directors' Resolution No. 18 of 2020 on Electronic Insurance Regulations dated 27 April 2020...
STA Law Firm
With UAE's emergence as a global business hub, owing to its flexible economic structure and numerous free zones, financial bankruptcy
Hassan Elhais
New Insolvency or Bankruptcy law for individuals has recently received quite a lot of attention from foreign expatriates living in UAE.
BSA Ahmad Bin Hezeem & Associates LLP
The worldwide economic distress caused by the ongoing Covid-19 pandemic has certainly not spared the GCC region...
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