Bankruptcy Law in the UAE
Offering supportive and strategic guidance at every stage.
We understand the challenges and stress that can be present when dealing with insolvency and bankruptcy. Our dedicated team is on hand to offer comprehensive advisory services and tailored support for your needs regarding bankruptcy law in the UAE.
HAS Law Firm offers end-to-end legal support for both debtors and creditors. We can provide guidance for preventive settlements, formal restructuring and bankruptcy proceedings under UAE Federal Law No. 9 of 2016 and its 2024 amendments.
Whether you’re a creditor or a debtor, you will always be met with our professional, client-centric approach. We prioritize clear communication and strategic planning, ensuring that you are informed at every stage of the insolvency process. Working closely with our clients means that we can offer valuable advice to make informed decisions that align with their business objectives.
For creditors
HAS Law Firm are dedicated to supporting creditors and helping them reach an appropriate outcome. We can represent creditors by enforcing their rights through debt recovery and asset tracing. We can also participate in creditors’ committees during insolvency proceedings.
We understand the toll it can take on your own business and life when you’re struggling to get paid on time. For professional and effective representation, you should reach out to us.
For debtors
We regularly work with companies that are dealing with financial distress. When you’re in this situation, it’s important that you choose a high-quality law firm to represent you. Depending on your circumstances, multiple options may be available to you, such as company closure or restructuring.
We represent clients in court-mandated restructuring processes, working closely with bankruptcy courts to develop and implement viable recovery plans. Our expertise in preventive composition procedures allows you to restructure your debts while maintaining operational control, as outlined in the UAE Bankruptcy Law.
If you decide that company closure is the right step for you and your business, then you’ll need to consider liquidation services. HAS Law Firm guides companies through both voluntary and involuntary liquidation. Our expert legal team will ensure that all compliance and legal requirements are met to protect the interests of stakeholders.
When entering liquidation, a director’s actions will be assessed. As your dedicated legal team, we will work closely with you to provide counsel on fiduciary duties and potential liabilities, which helps to mitigate your personal risk in the situation.
Should issues arise during the course of the proceedings, our insolvency team works closely with the dispute resolution team. This close partnership means that we can address any contentious matters that arise. Contentious issues in insolvency commonly relate to asset distribution and creditor claims. We can support you with all liquidation services.
Who we support with bankruptcy law
HAS Law Firm has extensive experience advising clients across a wide variety of sectors, including construction, real estate, finance, and retail. Our specialist advice is tailored to you.
Our insolvency lawyers in the UAE are adept at managing cases involving assets and liabilities across multiple jurisdictions. We recognise the importance of strong organisational skills and can coordinate with international legal teams to navigate complex cross-border challenges.
Why choose us as your insolvency lawyer in Dubai
- We have a dedicated team of legal experts
- We support both creditors and debtors with the same dedicated approach
- Our team is multilingual and offers tailored guidance on many areas
- Our advice is tailored to your specific industry
Our bankruptcy and liquidation services
- Preventive composition and debt restructuring
- Voluntary and creditor-initiated liquidations
- Creditor representation and debt recovery
- Cross-border insolvency coordination
- Director and officer liability advisory on bankruptcy law in the UAE
- Asset tracing and enforcement actions
- Court-supervised restructuring implementation
- Industry-specific insolvency strategy
- Integration with dispute resolution for contentious matters
