Part 1: Preventative composition as a restructuring tool
As commercial companies in the UAE grapple with increasing inflation and interest rates, constraints to supply chains and labour market challenges, it seems inevitable that the number experiencing financial distress will rise.
Naumets (Trustee), Dorokhov (Bankrupt) v Dorokhov [2022] FCA 748 In the matter of Hydrodec Group Plc [2021] NSWSC 755
Australia, Global, Capital Markets, Insolvency & Restructuring, Litigation, HFW, UNCITRAL, Financial Conduct Authority (UK), Australian Securities and Investments Commission, Corporations Act 2001 (Australia)