Restructuring and Insolvency Lawyers in Dubai

For individuals and businesses in the UAE, LYLAW's restructuring and liquidation lawyers in Dubai handle debt, insolvency, and creditor negotiations.
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Insolvency Frameworks

  • Advisory on insolvency and debt restructuring laws
  • Guidance on personal and corporate financial distress
  • Debt consolidation and financial management
  • Assessment of restructuring pathways

Debt Restructuring

  • Drafting restructuring and settlement agreements
  • Debt restructuring for loans, credit, and mortgages
  • Advice on real estate, vehicle, and consumer financing
  • Solutions for debt repayment and settlement

Disputes & Court Proceedings

  • Financial restructuring and debt-related disputes
  • Coordination with local advocates before UAE courts
  • Challenging loan agreements and financing arrangements
  • Representation in insolvency and enforcement proceedings

Creditor & Authority Engagement

  • Engagement with banks and financial institutions
  • Negotiation with creditors and authorities
  • Advisory on Islamic and conventional financing structures
  • Regulatory coordination during restructuring
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Discover more practice areas we specialize in

Find other relevant law services that we offer to our clients.

How our legal process works

At LYLAW, our legal process is intentionally structured to deliver clarity, precision, and confidence at every stage. From your initial enquiry onward, we take a considered and professional approach to understanding your objectives and addressing your legal needs.
01

Initial review and introductory call

Following submission of the contact form, your enquiry is carefully reviewed. A member of our legal team then conducts an introductory call to gain a preliminary understanding of your matter and to identify the most suitable engagement framework.
02

Consultation and legal evaluation

A consultation is arranged to examine the legal dimensions of your matter in greater depth, assess relevant considerations, and clarify your objectives.
03

Strategic direction

Based on our evaluation, we develop a tailored legal strategy, outlining available pathways and recommending a clear and effective course of action.
04

Implementation and representation

We carry out the agreed scope of work through advisory services, drafting, negotiations, or formal representation before authorities, with consistent communication throughout.
05

Resolution and ongoing counsel

We remain closely involved through resolution and, where appropriate, continue to provide legal counsel to support your broader interests.
Testimonials & Reviews

Why clients rely on LYLAW

These reviews come from clients we have represented. They describe how the process looked from their side.
Bogdan Dinu

Highly recommend LYLAW. Ludmila is exceptional, knowledgeable, strategic, responsive, and genuinely committed to her clients. A trusted advisor you can rely on when it matters most.

June 25, 2026
Ann Mutua

Excellent service. The lawyer was professional, reliable, and very helpful. They answered all my questions clearly and guided me through the process with confidence. I highly recommend them to anyone looking for trustworthy legal assistance.

June 17, 2026
Bryan Smith

A very pleasant, professional & informative meeting with Ludmila & Anna. We look forward to availing of LY Law legal services & counsel going forward

June 10, 2026
David

Amazing team, very professional!

April 8, 2026
Paul Stonitsch

I needed an experienced English speaking Dubai based lawyer dealing with UAE labour and immigration law. I was not disappointed!!! Ludmila knows her stuff!!! I will be using this company in the future and would recommend them to everyone.

April 2, 2026
David Yakobashvili

Very professional, knowledgeable and organized. Thanks!

March 12, 2026
Wojciech Jarzynski

Great service, easy accessible, always happy to help, massive experience. Thank you

February 28, 2026
Peter Lemperis

Fantastic experience with Ludmila Yamalova and Anna. Well prepared, practical and straight to the point. Clear, no-nonsense advice and guidance when I needed it most. Highly recommended. I wouldn’t hesitate to use them again, though I hope I won’t need to.

February 17, 2026
J P

Extremely professional staff and valuable counsel. They fully hear you and provide easy to understand counsel that provides a lot of reassurance. Highly recommended.

January 18, 2023
Tom

Very good service. Prompt and efficient.

November 16, 2021
Jesse D

Excellent value for legal advice. Ludmila is incredibly well versed on UAE law and implementation. I've worked with various law firms, including large local and global brands here, and have not found one that is more knowledgeable than her.

March 12, 2018
David Pollock

Our experience was an entirely professional and knowledgeable service on corporate structures and commercial issues we were facing. The service was comprehensive, well informed and we can recommend without hesitation.

March 21, 2018
Nesim Majzoub

This is a firm that is progressive in the way they think and handle matters. They understood my needs immediately.

April 7, 2021
Sarah Skaf

Super lovely company and very professional for its caliber. I check out their IG and TikTok pages and get a lot of helpful information when it comes to legal/illegal activities in the UAE. Keep up the great work!

October 6, 2021
Enrica Andreetto

I had a great experience with this firm. I felt very taken care of during the whole time of our collaboration. In case of need I will certainly work with them again.

October 14, 2021
Leigh Baker

Very knowledgeable and compassionate firm. Their expertise on UAE law is unmatched and their professionalism is top notch. I really appreciate how they keep clients informed at all stages of their case.

October 14, 2021
Michelle Bacellar

Ludmila is a fantastic lawyer, she is very dedicated and has great knowledge of UAE local laws. I would strongly recommend her and her team’s services and legal advice.

October 15, 2021
Krysta Fox

Ludmila Yamalova and her team have provided excellent legal support to me, and a number of my company's clients. They are professional, knowledgeable and practical.

November 9, 2021
Rafiah Ibrahim

Ludmila is very professional and competent. Able to explain clearly on how the issues can be resolved . She also suggests the best way forward . Very pleasant personality as well.

July 19, 2022
Ayesha Khan

Excellent experience. All of my questions answered and good advice given. I was a little wary of the time going over but that was not a worry. Personable and friendly. Would definitely recommend.

January 8, 2026
Our location

Discover our Dubai location

You'll find us at Reef Tower in Jumeirah Lake Towers, open for consultations Monday to Friday from 08:00 to 18:00.

Join Us Today and Get Expert Legal Guidance You Can Trust

Experience the difference with LYLAW. Let our experienced legal professionals help you navigate your challenges and achieve the best outcomes for your business.
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FAQs about Financial Restructuring

What does restructuring or insolvency involve under UAE law?

Restructuring and insolvency involve managing financial distress through debt restructuring, settlement negotiations, or formal insolvency procedures. The goal is to address outstanding liabilities while protecting legal rights and, where possible, avoiding liquidation.

Can individuals restructure debts like loans or mortgages in the UAE?

Yes, individuals can pursue legal options to restructure credit cards, personal loans, car loans, and real estate mortgages. The approach depends on the type of debt and applicable UAE laws, and LYLAW advises on restructuring strategies and negotiates settlements where appropriate.

What happens if debt restructuring leads to a dispute or court proceedings?

Disputes may be resolved through negotiation or litigation before UAE courts, including challenges to loan agreements or enforcement of restructuring terms. LYLAW coordinates with local advocates to manage restructuring-related disputes and represent clients before courts and authorities.

Can businesses use restructuring to avoid liquidation in the UAE?

UAE insolvency frameworks include pathways for debt restructuring, creditor negotiation, and business reorganisation. LYLAW assesses each client's financial position and advises on available restructuring options under UAE law.

Does LYLAW handle negotiations with banks and creditors?

Yes, LYLAW negotiates directly with banks, financial institutions, and creditors on behalf of individuals and businesses. This includes restructuring loan terms, settling outstanding debts, and coordinating with authorities during the process.

What should I do if my business is facing bankruptcy in the UAE?

If your business is in financial distress, it's important to get legal advice before the situation escalates. LYLAW assesses your financial position and advises on available options under UAE law, including debt restructuring, creditor negotiation, and formal insolvency procedures.

What types of debt can be restructured under UAE law?

Restructurable debts include credit card balances, personal and business loans, car financing, real estate mortgages, and other consumer and commercial financing arrangements. Both conventional and Islamic financing structures can be addressed.

Still got questions?