by khlegal | Nov 25, 2024 | Banking and Finance law
Introduction In a recent judgment delivered by the Court of Cassation on October 28, 2024, the court dealt with an important matter regarding the recognition and enforcement of bankruptcy orders issued by foreign courts. The case at hand involved a request for the...
by khlegal | Nov 25, 2024 | Banking and Finance law
In the intricate world of banking law, the relationship between financial institutions, borrowers, and guarantors is often governed by a delicate balance of contractual obligations and regulatory compliance. A recent decision from the Abu Dhabi Court of Cassation...
by khlegal | Nov 25, 2024 | dispute resolution
Sharjah, one of the leading emirates in the UAE, continues to refine its legal and administrative framework to ensure effective dispute-resolution mechanisms. The recently issued Executive Council Resolution No. 40 of 2024, signed by Sheikh Sultan bin Mohammed bin...
by khlegal | Nov 3, 2024 | Corporate Law
Company liquidation is a well-established concept under the Federal Law No. 2 of 2015 on Commercial Companies (the ‘2015 Law’) that governs the process of dissolving a company and settling its obligations. The process of liquidation can be classified as either...
