Contribution of the UAE Bankruptcy Law to Environmental Protection: A Comparative Study in Light of the French Law

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Author(s): Mohammed El Hadi El Maknouzi (University Of Al Dhaid, UAE & Mohammed V University, Rabat, Morocco), Iyad Mohammad Jadalhaq (University of Sharjah, UAE), Imad Eldin Abdulhay (University of Sharjah, UAE)and Enas Mohammed Alqodsi (United Arab Emirates University, UAE)
Copyright: 2025
Pages: 16
Source title: Legal Frameworks and Educational Strategies for Sustainable Development
Source Author(s)/Editor(s): Enas Mohammed Alqodsi (Department of Private Law, United Arab Emirates University, UAE)and Asma Khaleel Abdallah (Sharjah Education Academy, UAE)
DOI: 10.4018/979-8-3693-2987-0.ch002

Keywords: Environment & Agriculture / General Law / Information Science Reference / Sustainable Development

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Abstract

Many individuals subject to bankruptcy law possess establishments, projects, and activities, especially those operating as businesses. Mismanagement of these entities during bankruptcy can have negative repercussions on environmental protection. Since the issuance of Law No. 2003-699 of 2003 on the prevention of technological and natural hazards and the repair of damage, the French law has connected the Enterprise Difficulties Law (formerly known as the Bankruptcy Law) to issues related to environmental protection. Given this, it is useful to question the contribution of the UAE Federal Decree-Law No. (51) of 2023 promulgating financial and bankruptcy law to environmental protection and, consequently, support of one of the pillars of sustainable development.

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Contribution of the UAE Bankruptcy Law to Environmental Protection: A Comparative Study in Light of the French Law

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