What we know (so far) from GCC restructuring reforms
Landmark buildings of the Gulf Cooperation Council states (Credit: Shutterstock.com/HusniTawil)
King & Spalding partner Mike Rainey in Dubai examines how recent reforms to the bankruptcy regimes in Saudi Arabia and the UAE are changing local markets – and identifies debt-for-equity swaps, non-performing loan transactions and the sale of healthy parts of a business in the context of restructuring as areas ripe for further development.
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