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Banking and Finance Law

UAEU Law Journal

2021

Bankruptcy

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Full-Text Articles in Law

Protection Of The Rights Of The Creditors And The Debtor In The Process Of Financial Reorganization And Structuring Of Troubled Companies: A Comparative Study On The 2016 Uae Bankruptcy Law, French And American Legislations, Alaa Khasawneh Jan 2021

Protection Of The Rights Of The Creditors And The Debtor In The Process Of Financial Reorganization And Structuring Of Troubled Companies: A Comparative Study On The 2016 Uae Bankruptcy Law, French And American Legislations, Alaa Khasawneh

UAEU Law Journal

This study deals with the protection of creditors and the debtor in accordance with the methods of saving and assisting troubled companies approved by the UAE Act of bankruptcy of 2016, as the legislator of the UAE in this law aimed to solve the difficulties faced by troubled companies and to protect them from bankruptcy and its negative consequences, This means raises problems about the extent of the protection afforded to the creditors compared to that afforded to the interests of the debtor, where legislator treated it with special care and subjected to special procedures differ from bankruptcy proceedings, and …