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Clyde & Co Archive

May 12, 2023

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UAE Bankruptcy Law - update

The Dubai Court of First Instance concludes that preventive composition, restructuring, bankruptcy, and liquidation are only possible if...

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UAE Bankruptcy Law - update

Nassif BouMalhab Sherif Maher

October 13, 2022

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New Development in the Marka Case: Only decision-makers who contributed to rendering a company insolvent may be held personally liable for its debts

In a judgment rendered on 10 October 2021, the Dubai Court of First Instance had concluded that current and former directors and managers...

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New Development in the Marka Case: Only decision-makers who contributed to rendering a company insolvent may be held personally liable for its debts

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