Contemporary Issues: Insolvency and Arbitration in Vietnam A bankruptcy proceeding often brings with it questions as to how creditors might be able to make their claims. For example, tension may arise between the unified dispute resolution procedures under a contract (such as an arbitration agreement) and bankruptcy regulations. By way of the parties’ arbitration agreement, the parties have ostensibly intended, at the outset, for all disputes arising from the underlying contract to be resolved through arbitration.

戦略的提携・拠点開設のお知らせ クアラルンプール 1 アジアでのさらなる体制強化のため、2023 年 1 月より WM Leong & Co と当事務所のシンガポール拠点である Nishimura & Asahi (Singapore) LLP が、マレーシア業務に関して戦略的提携を行っております。 WM Leong & Co は、マレーシア法において豊富な知識・経験を有するワンメイ・リョン マレーシア弁護士が代表を 務めるマレーシアの独立した法律事務所です。WM Leong & Co との戦略的提携の下で、マレーシアが関わるクロ スボーダー案件について豊富な経験を有する眞榮城大介弁護士および当事務所シンガポール事務所所属の弁 護士が中心となり WM Leong & Co と緊密に連携しながらクライアントのマレーシア事業の拡大および現地ビジネ スのサポートを行ってまいります。2 札幌 2023 年 4 月に札幌事務所を開設しております。道内企業での執務経験を有し、コーポレート・M&A・エネルギーの 分野ならびに海外案件支援に強みを持つ坪野未来弁護士が所属しており、身近なところでご相談をいただきなが ら、きめの細かいアドバイスを提供いたします。

Indonesia Authors: Miriam Andreta and Hans Adiputra Kurniawan 1. Bankruptcy and Liquidation: Updates Brought by PPSK Law With respect to bankruptcy and liquidation of certain parties (public listed companies, banks, non-bank financial institutions), there are certain updates and clarifications set out in Law on Development and Improvement of Financial Sector (also known by its local abbreviation “PPSK Law”) - which came into effect on 12 January 2023 (except for certain provisions that are explicitly intended to take effect otherwise).

During business operations, an enterprise may fall into a status of a crisis affecting its solvency. To protect the rights of related individuals/organizations, Vietnamese laws allow them to have the right to request the opening of bankruptcy proceedings.

Through this article, BLawyers Vietnam would like to present to you information on this issue.

I. Who has the right to request the opening of bankruptcy proceedings?

Trong quá trình hoạt động kinh doanh, một doanh nghiệp có thể lâm vào tình trạng khủng hoảng ảnh hưởng đến khả năng thanh toán của doanh nghiệp đó. Để bảo vệ quyền của các cá nhân/ tổ chức có liên quan đến doanh nghiệp đó, luật Việt Nam cho phép họ có quyền yêu cầu mở thủ tục phá sản doanh nghiệp.

Thông qua bài viết này, BLawyers Vietnam sẽ trình bày về quyền yêu cầu mở thủ tục phá sản theo luật Việt Nam.

I. Ai có quyền yêu cầu mở thủ tục phá sản doanh nghiệp?

A lack of money despite business statements revealing a profit result is a common problem of a company, which results from the issue of the “liabilities”. In fact, the profit and even the investing capital may be held by the debtors of the company. Currently, the term “appropriation of capital” has been commonly known and, for some people, it is proudly considered as a smart act to appropriate capital of other companies. However, such people must distinguish the differences between the “lawful holding of capital” and “illegal appropriation of capital”.

Tái cấu trúc doanh nghiệp với lý do hợp pháp nên là một quan tâm đối với các doanh nghiệp. Tại sao? Vì việc tái cấu trúc doanh nghiệp ảnh hưởng rất lớn đến quyền lợi của (nhiều) người lao động trong doanh nghiệp.

1. Lý do thay đổi cơ cấu, công nghệ

Doanh nghiệp thay đổi cơ cấu, công nghệ trong các trường hợp:

Restructuring with legal reasons should be a concern for the enterprises. Why? Because the restructuring of an enterprise affects the rights and interests of employee(s) working for the enterprise.

1. Reason for changes in structure and technology

An enterprise changes structure and technology in the following cases:

The bankruptcy process is not only a tool for enterprises when they are insolvent to tackle a difficult situation but also a tool to find ways to settle debts for creditors. In the bankruptcy case, an important participant in the bankruptcy settlement process is the asset management officer(s) (“AMO”). So, who is AMO and what role does AMO play in the bankruptcy settlement process? To answer the above questions, BLawyers Vietnam would like to present the article below.

The prolonged Covid-19 epidemic has dealt a blow to enterprises in Vietnam. As a result, many enterprises must stop working. Some of them have decided to dissolve. However, to implement the enterprise’s dissolution during the Covid-19 epidemic is also a difficult problem.

Through this article, BLawyers Vietnam would like to present to enterprises about 7 remarkable matters when dissolving during the pandemic.