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United Arab Emirates (UAE) › State of Emergency

Dechert LLP

Revisiting the DIFC Insolvency Law in the Context of the COVID-19 Crisis: An Innovative Toolkit for the Turnaround of Troubled...

Dechert LLP on

In the wake of the high profile collapse of the private equity firm Abraaj Capital, the Dubai International Financial Centre (“DIFC”) updated its insolvency regime with the introduction on June 13, 2019 of the new DIFC...more

Latham & Watkins LLP

COVID-19: Managing Financial Difficulties in the United Arab Emirates

Latham & Watkins LLP on

Understanding bankruptcy laws in the UAE and DIFC in the context of COVID-19-related financial pressures. COVID-19 has already caused wide-scale disruption to numerous industries both locally and globally. Whilst efforts...more

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