Business debt restructuring in the UAE

How we help with business debt restructuring

• Evidence and document review

  Our review covers creditor schedule, security records, recent accounts, cash-flow forecast, enforcement notices and proposed terms. We identify what supports your position and what needs clarification or further evidence.

• Does merely proposing restructuring stop creditor claims?

  Under Article 92 of the federal Financial Reorganisation and Bankruptcy Law 51/2023, the formal restructuring opening decision triggers the stay from the following day until plan ratification; Article 93 also ends the stay if restructuring proceedings end. Obtain the court decision and verify the claim’s treatment under the law. An informal proposal alone is not that decision, and special free-zone regimes require separate review. Map creditors, security, overdue obligations and projected cash flow before proposing terms. Distinguish an informal agreement from a formal insolvency process. A workable proposal must explain funding, creditor treatment and operational changes, including assumptions that could cause it to fail.