#creditors

UAE’s NMC Healthcare group companies to secure release from administration

A total of 34 NMC group companies will exit administration and transfer to a new NMC group

NMC Healthcare completes application to ADGM for appointment of administrators

Alvarez & Marsal managing directors Richard Fleming and Ben Cairns have been appointed joint administrators

Abu Dhabi’s ADGM appoints administrators for NMC Health

The legal guardianship will protect the group from creditors’ actions

NMC creditors are forming a committee for $6.6bn debt talks

The company was placed in administration last week