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Moratorium Restructuring United Arab Emirates (UAE)

King & Spalding

The 2024 UAE Financial Restructuring and Bankruptcy Law: What is New?

King & Spalding on

On 31 October 2023, Federal Law Decree No. (51) concerning Financial Restructuring and Bankruptcy (the New Law) was published in the UAE Federal Gazette. The New Law comes into force on 1 May 2024 and will repeal the 2016 Law...more

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