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Insolvency Insights: Cross border recognition – UAE, DIFC, ADGM
06 Nov 2024
In the sixth episode of the Insolvency Insights podcast series, Nicola Jackson, Partner in the Corporate Restructuring and Insolvency Disputes team, is joined by Matthew Wilde, Co-Head of Teneo’s Financial Advisory business in the Middle East. Together, Nicola and Matthew highlight the importance of cross-border recognition from an insolvency practitioner’s perspective, consider the practical benefits, and discuss the challenges associated with the lack of a framework for recognition in the onshore UAE, particularly when it comes to creditors seeking to use the UAE courts to gain an advantage.
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