Abu Dhabi Commercial Court - Bankruptcy Department Summary of the Court Decision on the Approval of Bankruptcy Procedures and Restructuring
*Case No.:* 09/2024 - Abu Dhabi Proceedings
*Financial and Banking Expert:* Salem Mohamed Balama Al-Tamimi
On *27-11-2024*, the court ruled in Case No. 09/2021 (Abu Dhabi Bankruptcy Proceedings) to approve the initiation of restructuring procedures for the following:
- Neopharma LLC (Industrial License No. IN-1000667)
- *Branches:*
- Neopharma Abu Dhabi LLC (License No. CN-229094)
- Neopharma Dubai LLC (License No. 718087)
The court appointed ** Salem Mohamed Belama** as the bankruptcy trustee.