On 31 October 2023, Federal Law No. 51 of 2023 Promulgating the Financial and Bankruptcy Law (the Bankruptcy Law) was published in the United Arab Emirates (UAE) Official Gazette, repealing the prior federal law on bankruptcy...more
On 1 June 2020, Federal Law No. 4 of 2020 on Securing Rights over Moveable Assets (the “New Law”) of the United Arab Emirates (the “UAE”) came into effect, repealing the previous Federal Law No. 20 of 2016 on Mortgaging...more