insolvency trends

Analyzing Penalties and Enforcement Trends in ADGM Courts: A Focus on Insolvency and Schemes of Arrangement

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Introduction to ADGM Courts The Abu Dhabi Global Market (ADGM) Courts were established in 2015 as part of the broader initiative to create a world-class financial center within the Emirate of Abu Dhabi. These courts operate on common law principles, which marks a significant departure from the civil law system traditionally prevalent in the UAE. … Read more

Analyzing Penalties and Enforcement Trends Under Federal Decree-Law No. 19 of 2019: Insolvency for Natural Persons in the UAE

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Introduction to Federal Decree-Law No. 19 of 2019 Federal Decree-Law No. 19 of 2019 represents a crucial advancement in the regulatory landscape for insolvency concerning natural persons in the United Arab Emirates (UAE). This legislative measure was designed to respond to the growing need for a structured and compassionate approach to insolvency, particularly for individuals … Read more