Interest Groups

UAE Company First to Avail of Bankruptcy Law at Abu Dhabi Court - Commercial & Bankruptcy Law News

Get the news you want the way you want it: click the RSS button in the right corner to add this feed to your RSS reader, or click here to subscribe to this content. By subscribing, you’ll find this news on your Member Account page, and the latest articles will be emailed to you in your customized IndyBar E-Bulletin e-newsletter.

Commercial & Bankruptcy Law News

Posted on: Mar 20, 2019

From Arabian Business:

The Abu Dhabi Judicial Department has saved a company from bankruptcy through restructuring in a first of its kind case, the department announced recently.

The case in the Abu Dhabi Court of First Instance highlighted the inability of a limited liability to pay of its debts, which exceeded its available capital 18 times.

Read more.

If you would like to submit content or write an article for the Commercial & Bankruptcy Law Section, please email Kara Sikorski at


Indianapolis Bar Association (IndyBar) est. 1878 | 4,536 Members (as of 2.11.21)