S&P cautious on UAE's 'unpredictable' insolvency regime
Duncan Kerr
20 Aug 2008
20 Aug 2008
 |
Tuesday
02 December 2008
04:09 GMT
The speed and ease with which creditors can get their money back from companies in the United Arab Emirates that default is at best “unpredictable”, according to a new report, which comes as corporate default rates globally are forecast to rise sharply in the next year.
To read this article Register or Login
Restrictions on trials
If you have had a trial before or your company already has a corporate licence you may not be allowed to take a trial. If you are blocked from registering for a trial please contact our customer service team for assistance.
Do you want to purchase access to Financial News?
To discuss the options available please call us on +44 (0) 20 7309 7788 or email licensing@efinancialnews.com
| • | Investors in for a 'rude shock' over junk default rates 14 Aug 2008 |
| • | Downgrades continue on European corporate credit 05 Aug 2008 |
| • | Default rates rise as tough climate takes toll 23 May 2008 |
| • | Fresh crisis looms as recovery starts 19 May 2008 |