Regional news: Bahrain
Pinsent Masons recruits new banking head from Norton Rose Fulbright in Dubai
Norton Rose Fulbright partner Matthew Escritt has joined Pinsent Masons as its regional head of banking in Dubai, as many of the UAE’s formal restructurings are set to be postponed until next year in light of the pandemic.
12 June 2020
AHAB appeals as Saudi court rejects protective settlement
Saudi conglomerate Ahmad Hamad Algosaibi and Brothers has appealed against a Saudi court’s decision to reject its petition for protective settlement – the first such petition under the new Saudi Arabian bankruptcy law
14 February 2019
Corporate Restructuring Summit, Dubai: An “era of transformation” for the Gulf - reforms and warnings
While governments across the Middle East are modernising their bankruptcy laws, the region’s non-performing loans should “ring the bells” of banks and regulatory authorities, delegates heard on the opening day of the Gulf Cooperation Council’s first-ever debt restructuring and NPL summit in Dubai.
12 September 2018
Corporate Restructuring Summit, Dubai: AHAB dispute will be “huge litmus test” for Saudi Arabia
The chief restructuring officer of Saudi conglomerate Ahmad Hamad Al-Gosaibi & Brothers (AHAB) says the group may use Saudi Arabia's new bankruptcy law to try and see an end to its decade-long restructuring saga, in what will be a “huge litmus test” for the Kingdom.
10 September 2018
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