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The Lao report has been updated in Febuary 2021.
Reporters: Lee Hock Chye and Ketsana Phommachane
B. RESCUE MECHANISMS
i. Out-of-court workouts and pre-insolvency proceedings
ii. Formal insolvency proceedings
C. AGREEMENT FOR SETTLEMENT PROCEDURE
D. REHABILITATION AND BANKRUPTCY PROCEDURE
i. Petition or request for rehabilitation or bankruptcy
iii. Creditors' meeting
E. OTHER ISSUES
APPENDIX OF LEGISLATION REFERRED TO