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Bankruptcy

 In line with the recent positive changes witnessed by the Kingdom of Saudi Arabia, we have been keen to train our legal team on the Bankruptcy Law, covering procedures such as:

 

Preventive settlement

Financial Reorganization إعادة التنظيم المالي

Financial Reorganization

Liquidation التصفية

Liquidation

Among the key services we offer to companies and establishments is providing legal assistance to prevent resorting to bankruptcy and preparing strategic plans for business continuity, without interference from any party that could negatively affect the business’s reputation.

We also work with our clients to draft all requirements under the Bankruptcy Law, such as proposals, inventory lists, and financial settlements, and we negotiate with creditors to reach a suitable arrangement for all parties.