Bankruptcy, Insolvency & Restructuring

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Financial distress does not mean the end of the business, but it forces a decision in good time: restructuring, settlement with creditors, liquidation, or bankruptcy. Delay is what turns a crisis into personal liability for the partner or the manager.

This page brings together articles by the team at Awadh Almheiri Law Firm and Legal Consultations in Dubai on distress and what follows it: financial restructuring and preventive settlement; bankruptcy proceedings before the competent court; the difference between liquidation and bankruptcy; voluntary liquidation and closing a distressed company; expired licences and the obligations that survive them; personal insolvency; and the protection of creditors and their ranking in distribution.

The firm works with companies, their owners and their creditors across all seven emirates — from assessing the financial position and choosing the route to representing either side before the courts and competent committees.

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