“Afridi & Angell have a very qualified team who are well versed with the local laws and provide correct advice to their clients. They are very prompt and efficient and always well researched.” - Legal 500 EMEA
Netting arrangements made enforceable in the UAE, ASIAN-MENA Counsel
ASIAN-MENA Counsel
December 2018
By: Charles Laubach By: Rahat Dar
A new statute makes it clear for the first time that the netting and setoff provisions in qualified financial contracts are valid and enforceable under UAE law. To learn more, read the full article.