Workshop: Bankruptcy Law in UAE: Practice and Trends

This workshop examines key issues of the evolution of the current Federal Decree-Law No. 51 of 2023 on Financial Restructuring and Bankruptcy and explores three key proceedings available to distressed businesses: Preventive Settlement, Restructuring, and bankruptcy in addition to the recent precedent-setting cases on personal liability, parallel proceedings, and cross-border recognition.

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Date and Time

7 Oct 2025 8:30 AM – 12:30 PM

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Venue

Dubai Chambers

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Organized By

Dubai Chambers and Hadef & Partners

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Event Type

Workshop

About the Workshop

This workshop examines key issues of the evolution of the current Federal Decree-Law No. 51 of 2023 on Financial Restructuring and Bankruptcy and explores three key proceedings available to distressed businesses: Preventive Settlement, Restructuring, and bankruptcy in addition to the recent precedent-setting cases on personal liability, parallel proceedings, and cross-border recognition.

Language: English

 

Objectives

The participants will gain better understanding of:

  • Evolution of a modern business protection framework
  • Detailed procedures for each type of bankruptcy proceeding
  • Practical considerations for arbitration during bankruptcy
  • Creditor list processes and late claim submissions
  • Cross-border enforcement challenges and precedent-setting court decisions
  • Personal liability risks for directors and managers (the “20% threshold rule”)
  • Criminal penalties under the bankruptcy law • Real-world case studies demonstrating court applications
https://events.dubaichambers.com/en/?eventId=3639046

Agenda

Participation Fees

(Excluding VAT)

  • Dubai Chambers' Member: AED 600/-
  • Non-member: AED 1500/-
     %10 discount available for groups of three or more.

A selection of our partners

Speakers

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Behram Nasir
Partner, HAS Law Firm

Behram Nasir is a senior corporate and M&A lawyer with over 15 years of experience in complex cross-border transactions across Europe, the Middle East, and Asia. A solicitor of England & Wales, he most recently served as General Counsel to a global fintech group, leading M&A, joint ventures, and regulatory structuring. He has worked at leading international and regional law firms and held senior in-house roles at global financial institutions, gaining strong client-side insight. Behram advises clients in regulated sectors like financial services, fintech, and commodities. Fluent in French, Spanish, Hindi, and Urdu, his approach is pragmatic, strategic, and commercially focused.

https://events.dubaichambers.com/en/?eventId=3639046

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