Saudi Arabia's bankruptcy framework has undergone significant modernization in recent years, drawing heavily from the US Bankruptcy Code while incorporating unique features tailored to the Kingdom's regulatory and business...more
6/23/2025
/ Bankruptcy Code ,
Chapter 11 ,
Commercial Bankruptcy ,
Creditors ,
Debt Restructuring ,
Debtors ,
Liquidation ,
Restructuring ,
Saudi Arabia ,
Trustees ,
United States
Dubai Court Finds Directors and Managers Personally Liable for Over AED 448 Million in Company Debts -
INTRODUCTION -
For a manager, officer or director of a distressed company, it is tempting to indulge in what one...more