Successful Resolution in Cross-Border Debt Case
Client: A manufacturing company in the UAE
Debt Amount: AED 1 million
What’s The Challenge?
The debtor, based outside the UAE, had defaulted on payments, complicating the recovery process due to jurisdictional issues.
What’s The Solution?
Leveraging our extensive network and expertise, we initiated negotiations with the debtor while coordinating with legal consultants in the debtor’s country. This ensured compliance with international protocols.
Outcome: The debtor agreed to a structured repayment plan, and the full amount was recovered within 9 months, avoiding the need for litigation.