Switching up the way that insolvency and bankruptcy is dealt with in the DIFC - A review of the new DIFC Insolvency Law

On 13 June 2019 the new Insolvency Law(DIFC Law No. 1 of 2019) and the associated Insolvency Regulations 2019 (the “Law”) came in to effect in the Dubai International Finance Centre (“DIFC”) repealing and replacing the DIFC’s Insolvency Law of 2009 (the “Old Law”).

Filed under:
Middle East, United Arab Emirates, Banking, Insolvency & Restructuring, Litigation, CMS Cameron McKenna Nabarro Olswang LLP
Authors:
Shakeel Adli
Location:
Middle East, United Arab Emirates
Firm:
CMS Cameron McKenna Nabarro Olswang LLP