United Arab Emirates: Insolvency/Bankruptcy

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Credit Card And Personal Loan Default In The UAE
Facing credit card or personal loan default in the UAE requires strategic action at every stage. Understanding your options for pre-litigation settlement, post-enforcement instalment plans, and formal insolvency proceedings can mean the difference between a manageable resolution and prolonged financial distress. This guide examines the legal framework, procedural requirements, and practical considerations that borrowers must navigate when dealing with debt enforcement in the UAE.
United Arab Emirates Insolvency
ML
MIO Law Firm
Article
Banking Trends: Abu Dhabi Cassation Court Confirms Enforceability over State‑Granted Land
The Abu Dhabi Court of Cassation has issued a precedent-setting judgment that fundamentally alters the enforcement landscape for state-granted land in the UAE. In a decision that overturned two lower court rulings, the highest court confirmed that vacant land granted by the government to UAE nationals can be subject to forced judicial sale to satisfy creditor claims.
United Arab Emirates Finance
HM
Habib Al Mulla and Partners
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