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Crownstone Advocates is an internationally accredited law firm with offices in Malta and the UAE, advising multinational corporations, financial institutions, and high-net-worth individuals on cross-border matters for nearly two decades.

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insolvency

Bankruptcy & Insolvency

When a business can't meet its obligations, the priority is protecting what can still be protected. We advise creditors and companies through restructuring, insolvency proceedings, and the claims process, in both the Malta and UAE regulatory environments.
  • Corporate restructuring advisory
  • Creditor claims and recovery
  • Insolvency proceedings
  • Director liability advice
  • Cross-border insolvency coordination
Bankruptcy & Insolvency
Bankruptcy & Insolvency
When a business can't meet its obligations, the priority is protecting what can still be protected. Our team advises creditors and companies through restructuring, insolvency proceedings, and the claims process, in both the Malta and UAE regulatory environments.
Insolvency law differs meaningfully between the two jurisdictions, and a cross-border group facing financial difficulty needs advice that accounts for both regimes together, since assets, creditors, and liabilities are rarely confined neatly to a single jurisdiction when a group actually runs into trouble.
This page covers how we approach bankruptcy and insolvency matters across Malta and the UAE, and the questions we hear most often from businesses and creditors facing financial distress.

Corporate Restructuring Advisory

Where a business is facing financial difficulty but has a genuine path back to viability, we advise on restructuring options, renegotiating debt, restructuring operations, or reorganising the corporate structure itself, aimed at avoiding formal insolvency proceedings where a viable alternative genuinely exists.

Creditor Claims And Recovery

We represent creditors seeking to recover amounts owed by a financially distressed counterparty, advising on the most effective recovery strategy available, whether that's direct negotiation, formal debt recovery proceedings, or participation in a formal insolvency process where one has already commenced.

Insolvency Proceedings

Where formal insolvency proceedings become necessary, we advise both companies and creditors through the process in Malta or the UAE as relevant, including representation in liquidation proceedings and advising on the priority and treatment of different classes of claim.

Director Liability And Cross-Border Coordination

Directors of a financially distressed company face specific duties and potential personal liability under both Maltese and UAE law if they continue trading beyond the point of genuine insolvency, and we advise boards on these obligations directly. Where a group spans both jurisdictions, we also coordinate the insolvency process across the group as a whole, rather than each entity's position being addressed in isolation.

Frequently Asked Questions

What are my duties as a director if my company is struggling financially?

Both Maltese and UAE law impose specific duties on directors once a company approaches insolvency, including obligations not to continue trading in a way that worsens the position of creditors. We advise boards early, since acting promptly on this advice significantly reduces personal liability risk.

Can a UAE creditor claim against a Malta-based debtor company?

Yes, though the specific process depends on where the debtor's assets are located and whether formal insolvency proceedings have commenced in either jurisdiction. We advise on the most effective recovery route for the specific circumstances involved.

Is restructuring always preferable to formal insolvency?

Not always, restructuring only makes sense where there is a genuine, realistic path back to viability. Where that path doesn't exist, an orderly formal insolvency process is often the more responsible route for both the company and its creditors.

How are creditors prioritised in an insolvency in Malta or the UAE?

Both jurisdictions apply their own statutory priority rules determining the order in which different classes of creditor are paid from available assets. We advise creditors on where their specific claim ranks and what that means practically for likely recovery.

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Malta Office

+356 8006 2306
malta@crownstoneadvocates.com

UAE Office

+971 4 355 8800
uae@crownstoneadvocates.com

General Enquiries

info@crownstoneadvocates.com