On 31 October 2023, Federal Law No. 51 of 2023 Promulgating the Financial and Bankruptcy Law (the Bankruptcy Law) was published in the United Arab Emirates (UAE) Official Gazette, repealing the prior federal law on bankruptcy (Federal Law No. 9 of 2016, the Prior Law) and significantly developing the bankruptcy regime in the UAE.
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Bermuda, British Virgin Islands, Cayman Islands, Jersey, United Kingdom, Insolvency & Restructuring, Litigation, Private Client & Offshore Services, Walkers
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Bermuda, British Virgin Islands, Cayman Islands, Jersey, United Kingdom, Insolvency & Restructuring, Litigation, Private Client & Offshore Services, Walkers
The Channel Islands of Guernsey and Jersey did not introduce emergency insolvency legislation as a result of the Covid-19 pandemic and do not presently have measures equivalent to those found in the UK’s Corporate Insolvency and Governance Act, 2020 (“CIGA”).
European Union, Guernsey, Jersey, United Kingdom, Insolvency & Restructuring, Litigation, Public, Walkers, Brexit, Coronavirus
School specialty, Inc., files bankruptcy in Delaware seeking to sell substantially all of its assets
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USA, Delaware, Insolvency & Restructuring, Litigation, Fox Rothschild LLP, Bankruptcy, Liquidation, United States bankruptcy court, US District Court for District of Delaware
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