An Introduction to Personal Guarantee
Dr Hassan Elhais gives an explanation of the need for a quick debt recovery mechanism in the country, given the fastpaced economic development and increase in trade activity.
Dubai +971 4 325 4000 
 Abu Dhabi +971 2 650 1211 
  
Dubai +971 4 325 4000 
 Abu Dhabi +971 2 650 1211 
Dr Hassan Elhais gives an explanation of the need for a quick debt recovery mechanism in the country, given the fastpaced economic development and increase in trade activity.
Dr Hassan Elhais makes the case that while strong customer relationships remain the core of successful contractual lending negotiations, this alone is not justified and another mechanism is required.