141 results found

As announced by the Dubai International Financial Centre ("DIFC") on 14 December 2014, His Highness Sheikh Mohammed bin Rashid Al Maktoum has enacted the DIFC

With UAE's emergence as a global business hub, owing to its flexible economic structure and numerous free zones, financial bankruptcy

The UAE government has issued Federal Decree Law No. 9 of 2016 on Bankruptcy (the New Law).

Running a business involves taking risks in order to continue to scale new grounds. Sometimes, these risks may not be successful, leading to debts.

Since the time of its promulgation in the year 2016, the Bankruptcy Law has been widely discussed and deliberated on. The enactment of Federal Law Number 9 of 2016 (the New Law) ...

The new UAE Federal Decree Law No. 9 of 2016 was finally approved by the UAE Cabinet on 4 September 2016.

The UAE's Bankruptcy Law (Federal Decree Law No. 51 of 2023) came into effect on 1 May 2024, with Executive Regulations issued on 16 September 2024.

Misconceptions persist among business owners and directors as to the purpose of the UAE Bankruptcy Law and its comparative likeness to international counterparts, notably the US Bankruptcy Code.

Since international markets were sent into a spin following the Dubai World announcement proposing a standstill on its debts on November 25 in 2009, the Emirate of Dubai has sought to address systematic issues affecting the stability and attractiveness of the local economy.

The new UAE Bankruptcy Law (Federal Law No. 9 of 2016) has put a spotlight on the treatment of companies in financial difficulties in the United Arab Emirates.

The UAE has issued Federal Decree-Law No. (6) of 2025 Regarding the Central Bank, Regulation of Financial Institutions and Activities, and Insurance Business ("New Banking Law").

The new Bankruptcy Law of the UAE was enacted on September 20, 2016 as Decree-Law No. 9 of 2016. It was published in the Federal Official Gazette on September 29, 2016, giving it an effective date...

When an off-plan property developer faces financial distress in Dubai, buyers must carefully verify project records, payment trails, and contractual obligations before...

In these investment scenarios, there are times when an organization needs more money than is as of now being produced by its activities; it has two different ways to get it.

The current law regarding insolvency in the UAE is not a comprehensive regime, and the present framework is found across three different laws...

On October 31, 2023, the United Arab Emirates (UAE) published Federal Decree Law No. (51) Regarding Financial Restructuring and Bankruptcy in its Official Gazette, with the law having taken effect

Banking disputes in the UAE are increasingly being reframed through an insolvency lens.

The New Insurance Law in the UAE, as outlined in Federal Decree-Law No. 48/2023, brings comprehensive regulations to the insurance sector. Covering a wide range of aspects...