insolvency guidance

A Comprehensive Guide to ADGM Courts: Insolvency and Schemes of Arrangement (Selected Precedents)

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Introduction to ADGM and its Courts The Abu Dhabi Global Market (ADGM) was established in 2013 as a strategic initiative aimed at advancing the economic diversification and global competitiveness of Abu Dhabi. It serves as a unique business district, dedicated to fostering a transparent and efficient financial environment. With its independent jurisdiction and modern legal … Read more

A Comprehensive Step-by-Step Guide to Filing Under Federal Decree-Law No. 19 of 2019: Insolvency for Natural Persons in the UAE

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Introduction to Insolvency for Natural Persons Insolvency is a critical issue affecting individuals who find themselves unable to meet their financial obligations. In the United Arab Emirates, the Federal Decree-Law No. 19 of 2019 was enacted to provide a structured framework for natural persons facing insolvency. This law not only facilitates the resolution of financial … Read more