Best Bankruptcy Lawyers in United Arab Emirates

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EDL Advocates & Legal Consultancy

EDL Advocates & Legal Consultancy

30 minutes Free Consultation
Umm Al Quwain City, United Arab Emirates

Founded in 2009
60 people in their team
English
Arabic
EDL is a full-service law firm committed to offering legal solutions to its clients, addressing even the most difficult legal challenges and cases.The firm, established in 2009 under the name of Insijam AIAhdal Advocates & Legal Consultancy, has since expanded its activities across various...
Horus Legal Sulotion

Horus Legal Sulotion

30 minutes Free Consultation
Dubai, United Arab Emirates

Founded in 2025
5 people in their team
Arabic
English
Russian
Persian
Horus Legal Solution is a premier legal consultancy firm offering a broad spectrum of services across commercial, civil, criminal, and real estate law. Founded and led by Kareem Sherif-a seasoned Egyptian lawyer and legal consultant-the firm operates with a strong focus on the UAE and Egyptian...
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Founded in 1993
50 people in their team
Arabic
English
About UsAl Kabban & Associates was founded in 1993 with a strong vision of providing exceptional legal representation in the UAE. With over 28 years of experience the firm has proven success and understanding of the legal system and its framework. This success is founded on the philosophy of...
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The Black Robe For Legal Consultancy & Debit Collection
Abu Dhabi, United Arab Emirates

Founded in 2023
9 people in their team
English
Arabic
The Black Robe for Legal Consultants includes a group of former legal advisors, Local, and foreigners, in United Arab Emirates.Our Legal firm brings together all cadres and legal expertise to enable us to provide the best and finest legal services to clients, by supporting and assisting in...

Founded in 2006
50 people in their team
Arabic
English
OverviewWe offer advice and legal services in all areas of law, including but not limited to, commercial, corporate, maritime, insurance, banking and finance, construction, franchise, tax, trust and estate planning, employment, intellectual property, information technology, Sharia, Arbitration and...
Al Ramsy Advocates
Dubai, United Arab Emirates

Founded in 2000
200 people in their team
Arabic
English
WHO WE AREAl Ramsy Advocates & Legal Consultancy is a full-service law firm dedicated to delivering first-class legal solutions and powerful results to our clients.With over 20 years of experience, we provide unrivaled legal services in the UAE, regional and international law. Our key areas of...
Khairallah Advocates and Legal Consultants
Dubai, United Arab Emirates

Founded in 2008
10 people in their team
Arabic
English
About Us - Khairallah Advocates and Legal Consultants - UAELearn more about us from here: Khairallah Advocates & Legal Consultants, a full-service law firm in Dubai, was founded by Jouslin Khairallah in the year 2008 under the support granted by His Highness Sheikh Mohammed bin Rashid Al...
Afridi & Angell
Dubai, United Arab Emirates

Founded in 1975
200 people in their team
Arabic
English
Over its 45-year history, Afridi & Angell brought an innovative approach to the legal industry by delivering services grounded in a passion for law, entrepreneurial vision, legal ingenuity and a culture of excellence. The firm quickly developed a reputation for dynamic client service, business...
EZZADDIN OTHMAN LEGAL CONSULTANCY OFFICES
Abu Dhabi, United Arab Emirates

Founded in 1980
11 people in their team
English
Arabic
Ezz, with the best lawyers in Abu Dhabi and Cairo, Egypt, are a milestone in absolute professionalism and success rateEzz is the best lawyer in Cairo and a leading legal consultant. Ezz is a whole array of legal services in Abu Dhabi, Dubai, CairoDelivers superior services, guidance or...
Eissa Salem Lawyers & legal consultants
Dubai, United Arab Emirates

Founded in 2010
50 people in their team
Arabic
English
LeadershipMr. Eissa Salem, the Executive Director & Owner of the firm is closely involved with the functioning of the organization at administrative, strategic planning and management level to provide a fluent experience to our esteemed clients.Driven by dynamic Leadership & enthusiastic...
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About Bankruptcy Law in United Arab Emirates:

Bankruptcy law in the United Arab Emirates is governed by Federal Law No.9 of 2016 concerning Bankruptcy (the "Bankruptcy Law"). The purpose of the law is to provide a legal framework for individuals and businesses facing financial difficulties to restructure their debts and avoid liquidation.

Why You May Need a Lawyer:

Bankruptcy proceedings can be complex and involve various legal requirements. A lawyer can help you navigate the process, understand your rights and obligations, and represent your interests in court if necessary. Common situations where you may need a lawyer include filing for bankruptcy, negotiating with creditors, and defending against claims of insolvency.

Local Laws Overview:

Some key aspects of the Bankruptcy Law in the United Arab Emirates include the establishment of a specialized court, the Committee of Financial Restructuring, to oversee bankruptcy cases, the implementation of preventive composition procedures to facilitate debt restructuring, and the introduction of bankruptcy trustees to manage the assets of insolvent debtors.

Frequently Asked Questions:

1. What are the types of bankruptcy proceedings available in the United Arab Emirates?

There are two main types of bankruptcy proceedings in the United Arab Emirates: preventive composition, which allows debtors to negotiate with creditors to restructure their debts, and bankruptcy, which results in the liquidation of the debtor's assets to pay off creditors.

2. Can individuals file for bankruptcy in the United Arab Emirates?

Yes, both individuals and businesses can file for bankruptcy under the Bankruptcy Law in the United Arab Emirates.

3. What are the consequences of bankruptcy in the United Arab Emirates?

Consequences of bankruptcy in the United Arab Emirates may include the appointment of a bankruptcy trustee to manage the debtor's assets, the suspension of legal proceedings against the debtor, and the discharge of certain debts.

4. How can a lawyer help me during bankruptcy proceedings?

A lawyer can help you understand your rights and obligations under the Bankruptcy Law, represent your interests in court, negotiate with creditors on your behalf, and ensure that the bankruptcy process runs smoothly.

5. What is the role of the Committee of Financial Restructuring in bankruptcy cases?

The Committee of Financial Restructuring is responsible for overseeing bankruptcy cases, approving preventive composition plans, and appointing bankruptcy trustees to manage the assets of insolvent debtors.

6. How long does the bankruptcy process take in the United Arab Emirates?

The duration of the bankruptcy process in the United Arab Emirates can vary depending on the complexity of the case, but it typically takes anywhere from several months to a few years to complete.

7. Are there alternatives to filing for bankruptcy in the United Arab Emirates?

Yes, there are alternatives to filing for bankruptcy in the United Arab Emirates, such as preventive composition proceedings, debt restructuring agreements, and out-of-court settlements with creditors.

8. What are the qualifications for becoming a bankruptcy trustee in the United Arab Emirates?

To become a bankruptcy trustee in the United Arab Emirates, a person must meet certain educational and professional requirements, have relevant experience in finance or law, and be approved by the Committee of Financial Restructuring.

9. Can creditors file for bankruptcy on behalf of a debtor in the United Arab Emirates?

Under certain circumstances, creditors may file for bankruptcy on behalf of a debtor in the United Arab Emirates if the debtor is deemed insolvent and unable to pay its debts.

10. How can I find a qualified lawyer to help me with my bankruptcy case?

You can find a qualified lawyer to help you with your bankruptcy case by contacting the local bar association, seeking recommendations from other professionals or individuals who have gone through similar situations, or researching law firms specializing in bankruptcy law.

Additional Resources:

For more information on bankruptcy in the United Arab Emirates, you can visit the Ministry of Economy's website or contact the Committee of Financial Restructuring for assistance.

Next Steps:

If you are facing financial difficulties and considering bankruptcy in the United Arab Emirates, it is important to seek legal advice from a qualified lawyer who can guide you through the process and protect your interests. Contact a reputable law firm specializing in bankruptcy law to discuss your options and determine the best course of action for your situation.

Lawzana helps you find the best lawyers and law firms in United Arab Emirates through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Bankruptcy, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in United Arab Emirates - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.