Partner Mark Gilligan was quoted in a Business Economy article discussing the United Arab Emirates’ launch of a dedicated bankruptcy court in Abu Dhabi, aimed at boosting investor confidence and making the country more attractive to foreign firms looking to operate in the country.
“The introduction of a dedicated bankruptcy court in Abu Dhabi is ‘an extremely positive step towards providing additional certainty and security to both international and local businesses operating in the UAE,’” said Mark. “The introduction of a dedicated bankruptcy court will increase the already strong reputation of the UAE as a global commercial and financial centre.”