DIFC Insolvency Law and Regulations

Overview

The new DIFC insolvency law and regulations, replace and enhance the existing insolvency and restructuring regime. The insolvency law complements the DIFC’s commitment to international best practice, and provides a range of restructuring and insolvency procedures designed to encourage business and investment. It also provides appropriate levels of protection for creditors and investors whilst enabling distressed businesses to restructure with confidence from the Centre

This event will cover the following topics:

• Background and context to the insolvency law and regulations
• Overview of the types of restructuring and insolvency procedures
• Focus on the rehabilitation procedure
• The enhanced role of restructuring professionals
• Flexible and business friendly features of insolvency law and regulations

Agenda

8:30am - 9:00am: Registration and Networking
9:00am - 9:15am: Opening Remarks by Jacques Visser, Chief Legal Officer, DIFC Authority
9:15am - 9:45am: Presentation on insolvency law by Adrian Cohen, Partner, Clifford Chance
9:45am - 10:15am: Panel Discussion Adrian Cohen, Partner, Clifford Chance Nicky Reader, Counsel, Clifford Chance Shahab Haider, Managing Partner, Sajjad Haider & Co
10:15am - 10:30am: Question and Answer Session

Speaker

Jacques Visser, Chief Legal Officer, DIFC Authority will give introductory remarks on the new DIFC insolvency law and regulations that came into place on 13 June 2019. Hear how the new insolvency law complements the DIFC’s commitment to international best practice, and provides a range of restructuring and insolvency procedures designed to encourage business and investment from the Centre.

Jacques Visser

Chief Legal Officer, DIFC Authority