Wednesday 23 October 2013

UAE judges get training on finance and bankruptcy law by US Chamber of Commerce in strategic partnership | The National

UAE judges get training on finance and bankruptcy law by US Chamber of Commerce in strategic partnership | The National:

"Four judges recently received training in Washington on financial restructuring and bankruptcy laws by the US Chamber of Commerce.

The joint initiative by the Ministry of Justice and Dubai Economic Council (DEC) was aimed at improving business regulations and laws in the UAE.

“It is all about developing the regulatory and legal framework of the UAE and aligning the global best practices,” said Hani Al Hamli, the DEC secretary general.

“Especially in the field of financial restructuring and bankruptcy and their applicability in the UAE, taking into account the particularities of the local economic, social and legal environment.”"

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