It is said that some businesses only make profits after the second insolvency. Especially now, after all the lock down, many companies will no longer be able to fully satisfy their liabilities in due time. The UAE bankruptcy law from 2016 offers suitable and practically feasible ways to get out of over-indebtedness or payment defaults. Even if you have personal payment difficulties, the Insolvency Law from 2019 helps you, which even decriminalises the uncovered cheques. You will see after the webinar that you still have many possibilities to get out of the crisis without debts and start a new business (or “new life”) in the UAE or elsewhere.
About the Speaker
Dr.Theodor Strohal, founder and senior partner of Strohal Legal Group, was during his legal practice in Vienna over 30 years active as a liquidator and trustee appointed by the Austrian Courts. He handled well over 100 insolvencies, also as a debtor representative.