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On 31 October 2023, Federal Law Decree No. (51) concerning Financial Restructuring and Bankruptcy (the New Law) was published in the UAE Federal Gazette. The New Law comes into force on.
The “Fair Compensation for Truck Crash Victims Act” would require the liability insurance minimum for interstate motor carriers to increase to $5M. Also: Family of slain trucker starts GoFundMe; Love s celebrating 60th anniversary; more.