Saudi Arabia recently published a new Bankruptcy Law. This is the latest development of a string of reforms under Vision 2030 to further encourage the participation of foreign and domestic investors by structuring the business legal framework. This article provides a general analysis of the new bankruptcy law and its implications for businesses operating in the Kingdom.
This article was first published in the LexisNexis Corporate Rescue and Insolvency Journal (2017) 2 CRI 45.
Key Issues
United Kingdom, Arbitration & ADR, Construction, Insolvency & Restructuring, Litigation, Gatehouse Chambers, Moratorium, Cashflow, Technology and Construction Court