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- 1.Restructuring in the Middle East - Financier Worldwide
- Publish Date
- 25 Sep 2009
- Organisation
- Patton Boggs
- Summary
The ability of banks to lend continues to be affected by the financial crisis, and the Middle East is no exception to that trend. Indeed, many businesses are struggling to meet repayments, and are running the risk of defaulting on their loan obligations. Others are worse off still, teetering on the brink of bankruptcy. Consequently, restructuring has become a priority for many Middle Eastern companies, although the process is more complicated than in other jurisdictions.
- Jurisdictions
-
- Middle East
- Sectors
-
- Islamic Finance
- Insolvency and Restructuring
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