News Analysis: The UAE's new bankruptcy law - MidEastPosts

11/26/11


MidEastPosts

News Analysis: The UAE's new bankruptcy law
MidEastPosts
When a company files for bankruptcy it is protected from litigation to seize its assets. This is the equivalent of Chapter 11 of US bankruptcy laws. What has not been discussed is the equivalent of Chapter 7 – ie a case where a company cannot be saved ...

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