Insolvency Insights: Cross border recognition – UAE, DIFC & ADGM
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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