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Debtors Saudi Arabia

King & Spalding

Comparative Overview of Saudi and US Bankruptcy Laws

King & Spalding on

Saudi Arabia's bankruptcy framework has undergone significant modernization in recent years, drawing heavily from the US Bankruptcy Code while incorporating unique features tailored to the Kingdom's regulatory and business...more

King & Spalding

A Trustee’s First Duty: Maximizing the Value of an Insolvency Estate

King & Spalding on

The foremost duty of a bankruptcy trustee is to maximize the value of the debtor’s assets for the benefit of its stakeholders. Numerous provisions of Saudi Arabia’s current bankruptcy law (the “Bankruptcy Law”) underscore the...more

A&O Shearman

How Debtors in Saudi Arabia Can Manage Insolvency Risk Post-COVID-19

A&O Shearman on

Like much of the world, residents in the Kingdom of Saudi Arabia currently live under social distancing measures and government lockdowns. As a result, many businesses, particularly in the retail, food & beverage,...more

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