As business and commerce becomes increasingly cross-border in nature, it is important for businesses to have knowledge of restructuring and insolvency regimes of foreign jurisdictions. This is particularly relevant in the Southeast Asia region, given the close connection and links amongst the Southeast Asian states.
2020 Tilleke & Gibbins International Ltd.
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CAMBODIA
JURISDICTION: CAMBODIA
Jay Cohen [email protected] With thanks to international intern Cassandra Allen
The Bankruptcy System in Cambodia
The bankruptcy system in Cambodia is governed by the 2007 Insolvency Law, which applies to all businesses (including natural persons operating sole proprietorships).
テーマ: 【タイ】仲裁手続に関するクラス・アクション制度の創設 【インドネシア】Eコマース事業に関する新たな商業大臣規制の制定 【ミャンマー】 (1): モン州における新経済特区の開発計画の公表 (2): 最近の商業省の動き 【マレーシア】COVID-19影響軽減のための暫定措置法案提出 【シンガポール】倒産・リストラクチャリング・解散法の施行 【フィリピン】遠隔地からの株主総会及び取締役会への出席
MHM Asian Legal Insightsは、アジア各国における最新の法律情報をタイムリーにお届けするニュースレターです。
Changes to the Listing Rules and further consultation on enhancing the effectiveness of the regime
The Financial Reporting Council (FRC) and institutional bodies have published the following guidance in relation to corporate governance and directors' remuneration in the last few months.
近年来,很多投资者有意投资缅甸。2011 年以来,缅甸采取了政治自由化政策,西方国家 因而取消了对缅甸的大多数制裁,缅甸也于 2012 年颁布了《外商投资法》,使得来自中国及 其他国家的投资获得强劲增长。外国投资者通常投资于大规模自然资源项目(如石油、天然 气和铜矿等)、基础设施项目(如电信和水电等)和水泥、旅馆、制造业及消费品等其他产 业。
为了达到进入当地市场的目的,投资者通常会考虑与当地企业建立合作关系或收购当地现存 企业。这就需要对潜在合作伙伴或目标企业进行初步的尽职调查,发现其是否存在问题,是 否存在投资谈判中必须解决的风险等。
最基本的尽职调查一般要对目标公司或合作伙伴以往和未决的诉讼、债权人是否处于破产程 序、土地登记和重要资产的是否存在担保物权等情况进行调查 —— 但在缅甸,这些调查都 不能轻易而又可靠地实现。主要原因是缅甸官僚化的行政机关和法院通常可靠性不高,也不 够正规,其档案记录等工作也是如此,这些都妨碍了最基本的尽职调查。
Summary: Welcome to the fourth edition of our monthly Myanmar update in 2018. We have distilled the top news items into this summary 'speed read'.
Public Consultations on the Myanmar Insolvency Bill
International Trade Compliance (Covering Customs and Other Import Requirements, Export Controls and Sanctions, Trade Remedies, WTO and Anti-Corruption) In This Issue: World Trade Organization (WTO) World Customs Organization (WCO) Other International Matters The Americas - Central America The Americas - North America The Americas - South America Asia-Pacific Europe and Middle East Africa Trade compliance enforcement actions - import, export, IPR, FCPA Newsletters, reports, articles, etc. Webinars, Meetings, Seminars, etc.
In brief
The Financial Reporting Council (FRC) and institutional bodies have published the following guidance in relation to corporate governance and directors' remuneration in the last few months.