PROPOSED BANKRUPTCY LAW; LEGAL SUSTAINABILITY OR LOOPHOLE?

September 2012

Mamoon Ashraf, corporate associate, Bin Shabib and Associates (BSA) LLP provides an overview and comparison of the key provisions of the UAE insolvency regime with the equivalent provisions established in the regime of England and Wales. He also examines the unique features of the proposed UAE federal draft bankruptcy law which attempts to create a more modern debtor friendly regime...

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PROPOSED BANKRUPTCY LAW; LEGAL SUSTAINABILITY OR LOOPHOLE?

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