New UAE Bankruptcy Law: summary and highlights
Palm Jumeirah, Dubai, UAE (Credit: iStock.com/Nikada)
The United Arab Emirates’ reformed bankruptcy legislation, published in September 2016, seeks to address some of the shortfalls of a regime that has long been considered a stumbling block for companies doing business in the country. Clifford Chance’s Melissa Coakley and Leonie Campbell-King take a look at the key provisions and how they might work in practice.
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