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Dubai's DIFC introduces scheme of arrangement

United Arab Emirates - November 22 2018 In yet another example of the Dubai International Financial Centre (DIFC) making its company and insolvency law even more versatile, the DIFC has...

Katharina Crinson, Ryan Beckwith.

DIFC to up its game yet again - further modifications to its sophisticated restructuring and insolvency law

United Arab Emirates - October 18 2018 In September 2018 the Dubai International Financial Centre Authority (“DIFCA”) announced that it proposes to replace its current insolvency law with a...

Katharina Crinson, Ryan Beckwith.

The new bankruptcy law in the UAE: moving to rescue and rehabilitation

United Arab Emirates - November 10 2016 The long-awaited UAE Federal Bankruptcy Law (the New Law) is expected to take effect on 29 December 2016. The reforms aim to modernise the largely...

Ryan Beckwith.

Comparison of Abu Dhabi global market (ADGM) and Dubai international financial centre (DIFC)

United Arab Emirates, Global - October 13 2015 Established pursuant to Abu Dhabi Law No. 4 of 2013, the ADGM is currently in the process of establishing itself as an alternative financial centre to...

Adam Gallagher, Jonathan Rees.