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Overview of New UAE Bankruptcy Law

With the establishment of a specialized Bankruptcy Court and a dedicated Bankruptcy Unit, the introduction of preventive settlements, more flexible restructuring proceedings, and the expansion of potential liability, among other things, the new legislation is set to reshape the approach of law firms.

6 minute read May 01, 2024 at 12:05 AM
By
Dario Sabaghi
Overview of New UAE Bankruptcy Law

Law firms practicing in the United Arab Emirates are expecting increased activity thanks to the implementation of the new bankruptcy law.

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