Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

AHAB first in the queue for Saudi protective settlement

By Dominic Lawson

03 December 2018

AHAB first in the queue for Saudi protective settlement Mosque in Dammam, Saudi Arabia / iStock.com/trait2lumiere

Saudi conglomerate Ahmad Hamad Al-Gosaibi & Brothers (AHAB) has become the first company to file for a protective settlement procedure under Saudi Arabia’s new bankruptcy law.