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NYK LAW FIRM

At NYK Law Firm, our team of top bankruptcy and insolvency lawyers are experts in bankruptcy and insolvency-related matters. Our lawyers have extensive experience in advising clients regarding bankruptcy issues.

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THE BEST BANKRUPTCY AND INSOLVENCY LAWYERS IN DUBAI

At NYK Law Firm, we provide specialized legal services in bankruptcy and insolvency law. Our team of experienced insolvency lawyers helps businesses and individuals navigate corporate liquidation, debt restructuring, and bankruptcy proceedings. Our expert team offers comprehensive services for business insolvency, corporate liquidation, and debt restructuring. We assist clients in mitigating financial risks while ensuring full compliance with UAE insolvency laws.

Our Services

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Insolvency Advisory Services

We offer expert insolvency advisory services to individuals and businesses facing financial distress. Our tailored strategies aim to mitigate insolvency risks and safeguard client interests through contingency planning.


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Bankruptcy Advisory Services

Our team represents debtors, creditors, and stakeholders in corporate bankruptcy cases. We handle bankruptcy petitions, court proceedings, and guide clients through the liquidation process.


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Debt Restructuring

We specialize in debt restructuring, advising on debt refinancing, repayment plans, and negotiating favorable terms with creditors. Our lawyers ensure the best outcomes during debt negotiations.


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Financial Regulations and Licensing

We assist clients in obtaining licenses and approvals from authorities like the UAE Central Bank and DFSA. Our team ensures compliance with securities laws, capital market regulations, and handles regulatory investigations.


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Corporate Bankruptcy

We provide comprehensive support in corporate bankruptcy, including voluntary liquidations, corporate reorganizations, and advising directors and stakeholders during insolvency cases.


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Personal Insolvency

With expertise in UAE insolvency laws, we guide individuals through personal insolvency, from debt assessments to restructuring and negotiating with creditors to regain financial stability.


About Us

NYK Law Firm is a leading full-service law firm in Dubai, UAE. Our team comprises international lawyers with over 26 years of experience and two Emirati lawyers with multilingual abilities having the right to audience before all the UAE Courts. Consult the best lawyers in Dubai who are committed to providing tailored solutions for the client's needs. We are one of the top law firms in Dubai, which aim to provide quality service to our clients.Our best lawyers are powered by a passion for delivering exceptional legal services. We strongly believe in constant learning to stay ahead of the curve. Our best lawyers in Dubai will work closely with our clients to identify their legal issues. Our team guides each client and provides the best solution. As one of the best law firms in Dubai, we are committed to driving progress and providing expert legal advice to our clients.

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Expert Insolvency Lawyers

Our team of insolvency lawyers in Dubai has deep expertise in managing complex insolvency and bankruptcy cases for both businesses and individuals.

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Tailored Legal Strategies

We provide customized legal solutions for bankruptcy proceedings, corporate liquidation, and debt restructuring.

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Track Record

With years of experience, we have successfully represented clients in various insolvency cases, helping them navigate legal complexities and achieve favorable outcomes.

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Matters We Handled

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Voluntary Liquidation of BVI Company Subsidiary

Provided strategic counsel to a UAE subsidiary of a British Virgin Island company for initiating voluntary liquidation, coordinating with auditors and the Ministry of Economy for a seamless wind-up and compliance with UAE regulations.

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Personal Insolvency Filing in Dubai

Advised an individual on filing a voluntary insolvency petition before the Dubai Courts, preparing a financial report as per Federal Decree-Law No. 19/2019 on Insolvency, ensuring a smooth process towards debt relief.

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Bankruptcy Proceedings for Operational Creditor

Represented an Operational Creditor in the bankruptcy of Drake and Scull International PJSC, successfully filing a claim of AED 1.5 million and actively participating in creditor meetings to secure a favorable resolution.

Awards And Recognition

NYK Law Firm was awarded the ‘Rising Law Firm of the Year, Dubai 2024’

NYK Law Firm was awarded the ‘Rising Law Firm of the Year, Dubai 2024’

NYK Law Firm was awarded the ‘Rising Law Firm of the Year, Dubai 2024’

NYK Law Firm was awarded the ‘Rising Law Firm of the Year, Dubai 2024’

NYK Law Firm was awarded the ‘Rising Law Firm of the Year, Dubai 2024’

NYK Law Firm was awarded the ‘Rising Law Firm of the Year, Dubai 2024’

What Our Clients Say

Your legal expertise, advice and opinion on the laws relating to Intellectual Property and Cyber Laws have helped us have a solid foundation in the business. We genuinely appreciate your services and professionalism,

LogisEye

LogisEye

I have no words to say how good they are. Excellent! They took over my case and completed so efficiently. Very prompt in replying to all my queries. Very transparent and confident. I would not hesitate to recommend them to anyone for any legal matter. Thank you, team, for the job well done. It may have been one case for you, but it was life-changing for me

Prime Advertising

Prime Advertising

Dear Mr Sunil, I would like to take this opportunity to express my gratitude to you for making the decision to take my Case No. 2028/2020 against Agrarian Holding Avangard LLC. When I received your message that you would, indeed, take my case I felt relieved, as you are known as one of the top lawyers in this field of law relating to Intellectual Property. From day one, our very first face to face meeting, I knew that we had a chance at winning this thing, and fortunately for myself, this proved to be true.I realize that this was not the easiest case to win, and that you were required to spend long hours researching and putting your presentation together. It is for this that I thank you. You treated me just as well, if not better, than your more prestigious clients who are mostly corporations. In fact, I was not prepared for the kindness and consideration I received from you and your good staff. It was not all “business” with you, it was something more personal. This made me feel secure in you handling our case.Thanks to your expertise in IP related laws and prowess, my case not only saw the light of day, but was won. Justice was served. Your dedication, your attention to detail and diligence made this all possible. You and your staff believed in me and my situation, and did not leave my side, but remained steadfast through it all, even when it did not look promising.In the end, it all worked out well. Thank you for not only being my lawyer, but also my friend through this. I appreciate the attention to my health and wellbeing, as does my family. I would not hesitate to recommend you to anyone that would need a sound and experienced lawyer.

Sweden Foods

Sweden Foods

Dear Mr. Sunil, We would like to thank you for assisting us in our legal matters and for drafting legally compliant agreements such as Security Agreements, Transit Risk Insurance Policy and Freelancer Contracts.

Gentur Security

Gentur Security

We write this on behalf of Enshaa PSC to thank you to extend our feeling of immense appreciation and gratitude for your honest and tireless efforts in handling all our corporate matters, advising on data protection, Digital Crime, Intellectual Property and all legal solution provided as and when required by us. Your sound knowledge and skills in your field are commendable.We appreciate your prompt support on all matters and without any doubt, you are very aptly equipped to persuade and legal matter. We further note that you have stood by our company through and through and we value your principles of honesty and integrity.Rest assured that for all professional legal matters, your firm will be our first choice and shall also recommend you to our business circle.

ENSHAA

ENSHAA

I would like to thank you for the remarkable work you have done for the company. I really appreciate the way you have taken up the legal matter, and the way you executed it in a commendable way as well as handling our data security matters. I would like to underline that your performance was great, and we are really thankful to you for your efforts and results.You have managed the stressful situations remarkably and demonstrated excellent leadership skills. I sincerely wish you all the best for a successful future.

Kalyan

Kalyan

Dear Sunil, On behalf of the management of VDA Middle East FZ-LLC, we want to thank you for your valuable assistance in Case No. 2092/2020 and Case No. 6182/2019. With your help, we have closed these matters and moved forward.

VDA Middle East

VDA Middle East

Dear Sunil, Thank you for accepting the role as the lead counsel for my company, Northwell Limited, for assisting me in the Cyber fraud case, and for preparing all the relevant legal documentation required for our e-commerce platform including the drafting of Privacy, Data Protection policies and the Standard Terms and Conditions. Having an experienced proficient, and confident attorney like you on our side was a good sign, and I appreciate your candor and honesty. I look forward to having a long standing relationship with you

Northwell Limited

Northwell Limited

We, GTC Global Trade Capital Company Limited, entrusted NASSER YOUSUF AL KHAMIS ADVOCATES (NYK), as Legal consultant for all the Legal Matters. The legal Expertise are extremely knowledgeable, dedicated and setting the higher standard of work in their practice. All the legal matters are dealt with extreme attention to details. We really appreciate the way they have taken up the legal matters and they executed in a commendable way.We are looking forward to working with them for our Future Endeavours.

GTC Company Limited

GTC Company Limited

Our experience working with them have been extremely satisfying - NYK Law Firm’s level of professionalism is unparalleled and all the projects we have undertaken with them have run smoothly and keeping in accordance with Regal values and code of conduct.

Regal Rexnord

Regal Rexnord

We were looking for a reliable and trustworthy firm to handle our cases. When we first came across the firm and met the team, we were certain that we will succeed and win our cases.The lawyers have been very accommodating and helpful throughout the process. We highly recommend NYK Law Firm to our colleagues and friends.

Platinum Insurance Broker LLC

Platinum Insurance Broker LLC

The team at NYK LAW FIRM demonstrated a deep understanding of the law and applied it effectively to my situation. They were proactive in communicating updates and always made themselves available to address any concerns or questions I had along the way. Their responsiveness and dedication to my case truly set them apart.Moreover, the results they achieved exceeded my expectations. I am grateful for their strategic approach and unwavering advocacy on my behalf. Thanks to their efforts, I was able to reach a favorable outcome in a timely manner.I highly recommend N Y K LAW FIRM to anyone seeking top-notch legal representation, and I would not hesitate to work with them again should the need arise in the future.

Dr Seed Al Hashmi

Dr Seed Al Hashmi

FAQ

1. What is the process for filing for insolvency in Dubai?


2. How can a lawyer help with corporate liquidation in the UAE?


3. What’s the difference between insolvency and bankruptcy?


4. Can individuals file for personal insolvency in the UAE?


5. What are avoidance transactions in insolvency law?


6. How can a bankruptcy lawyer assist creditors?