Insolvency Proceedings in UAE

Insolvency Proceedings in UAE Insolvency Proceedings in UAE In the United Arab Emirates (UAE), Federal Law No. 9 of 2016 on Bankruptcy (the Bankruptcy Law”) governs insolvency procedures for companies domiciled in UAE. Historically, most corporate insolvencies have been resolved through consensual restructuring of a debtor company’s liabilities. However, the new laws...

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