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ARTICLE · 14 FEBRUARY 2025

Bankruptcy Law

Eyad Reda Law Firm LLP
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The Saudi Bankruptcy Law came into effect in 2018. The aim of the Saudi Bankruptcy Law is to regulate the following

Saudi ArabiaInsolvency/Bankruptcy/Re-Structuring
Eyad Reda Law Firm LLP
Eyad Reda Law Firm LLP
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The Saudi Bankruptcy Law came into effect in 2018. The aim of the Saudi Bankruptcy Law is to regulate the following:

Protective settlement.

Financial restructuring.

Small debtor's financial restructuring.

Administrative liquidation.

Liquidation.

Small debtors' protective settlement.

Small debtors' liquidation.

Protective Settlement Procedure

A process that facilitates the settlement of debts between the debtor and its creditors, while preserving a debtor's right to manage his/her own activities.

Financial Restructuring Procedure

Financial restructuring falls under the supervision of the financial restructuring officeholder, providing a way for the debtor and its creditors to reach an agreement regarding the restructuring of their debts.

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