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First test case for Dubai’s innovative Decree 57 restructuring regime

  • Latham & Watkins LLP
  • -
  • Singapore, United Arab Emirates, United Kingdom, USA
  • -
  • July 2 2012

On April 1, 2012 Drydocks World LLC and its subsidiary Drydocks World Dubai LLC, a Dubai- and Asia-based ship building and repair company that is wholly owned by Dubai World, became the first company to commence a reorganization proceeding in the Special Tribunal created by Dubai Decree No. 57 for 2009 and avail itself of Decree 57’s integrated legal framework

International regulatory update 18-29 April 2011

  • Clifford Chance LLP
  • -
  • Global, Hong Kong, India, Japan, Switzerland, United Arab Emirates, United Kingdom, USA
  • -
  • May 3 2011

The Financial Stability Board (FSB) has published a progress report on the implementation of OTC derivatives market reforms

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