Insolvency and debt restructuring in the UAE

What we cover in the UAE

We advise companies, directors, shareholders and creditors when cash-flow pressure becomes a legal issue. The work includes early distress analysis, preventive settlement, restructuring, bankruptcy applications, creditor claims and the distinct insolvency regimes that may apply in DIFC or ADGM.

• Directors’ distress duties

  We examine financial warnings, board decisions, creditor exposure and proposed transactions to assess directors’ legal responsibilities and prepare documented decision-making recommendations.

• Preventive settlement and restructuring

  We review debts, security, cash-flow information and proposed concessions to compare restructuring routes and prepare the legal terms and documents for the chosen approach.

• Bankruptcy applications

  We review the entity, financial position, creditor records and existing proceedings to assess the applicable framework and assemble the documents for an application or response.

• Creditor claims and committees

  We verify the claim against contracts, balances and security records, assess the creditor’s procedural position and prepare proof of claim, objections or negotiation instructions.

• Security and priority analysis

  We review security documents, registrations, asset ownership and competing claims to assess priority questions and prepare a reasoned position for negotiations or proceedings.

• DIFC/ADGM insolvency issues

  We examine where the entity is incorporated, where assets sit and which proceedings are underway to identify the relevant financial free-zone framework and coordination issues.