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Debt United Arab Emirates (UAE)

Awatif Mohammad Shoqi Advocates & Legal...

What Are the Procedures for Issuing Execution Orders Against Corporate Debtors under UAE Civil Procedure Law?

In commercial transactions, the process of recovering debts owed by companies may sometimes necessitate legal intervention. Under Federal Decree-Law No. 42/2022 on Civil Procedure Law, specific procedures are outlined for the...more

Awatif Mohammad Shoqi Advocates & Legal...

Liquidation of Companies Under UAE Law: A Comprehensive Guide Based on Federal Decree-Law No. 32/2021 on Commercial Companies

The liquidation of a company is a pivotal process governed by legal regulations in the UAE. Understanding the intricacies of liquidation proceedings is essential for stakeholders involved in company dissolution. Federal...more

White & Case LLP

Middle East and Africa corridor: The perfect partnership for funding Africa's growth

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For African economies living on the edge, can the Middle East provide the much-needed boost to the under-serviced Muslim population in Africa? ...more

King & Spalding

Game Changer

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Dubai Court Finds Directors and Managers Personally Liable for Over AED 448 Million in Company Debts - INTRODUCTION - For a manager, officer or director of a distressed company, it is tempting to indulge in what one...more

K&L Gates LLP

The United Arab Emirates Clarifies Previous Uncertainty Regarding Payment Orders

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The Payment Order process is intended to provide an expedited way of obtaining a judgment for payment in straightforward debt cases and helps creditors seek relief in a timely and cost effective manner. Recent changes to...more

King & Spalding

MEasure - Winter 2017

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Amendments to Foreign Fund Private Placement Exemptions in the UAE - In August 2016, the Emirates Securities and Commodities Authority (SCA), the federal securities regulator of the United Arab Emirates (UAE), adopted...more

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