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English / العربية / Français

Law

Suing and Enforcing against LLC Shareholders, Directors and Managers

Suing and Enforcing against LLC Shareholders, Directors and Managers The volatile mass number of persons establishing, liquidating, or not renewing limited liability companies (LLCs) in the United Arab Emirates causes a plethora of claims being met with enforceability issues – particularly due to lack of assets. Debtors take action against creditor LLCs to find that the latter have expired licenses, transferred assets to a new LLC,...
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