Entrepreneurs to Benefit from UAE Bankruptcy Reforms

A draft of a new UAE bankruptcy law has been delivered to the UAE’s Ministry of Justice. The law has been in the works for two years, and its genesis may have been the dire economic straits traversed by some of the Emirate’s largest financial institutions in the course of the world economic crisis of […]

Dubai Expands the Jurisdiction of Its Financial Courts

By Arti Sangar Arti Sangar is a partner at the Dubai offices of Diaz Reus LLP, an international law firm with extensive experience in litigation and arbitration In a significant move, the Dubai government recently expanded the jurisdiction of the Dubai International Financial Centre Courts (the “DIFC Courts”) which will allow any parties, even those […]