Lao PDR report (February 2021 update) – Corporate Restructuring and Insolvency in Asia 2020

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The Lao report has been updated in Febuary 2021.

Reporters: Lee Hock Chye and Ketsana Phommachane

Index

A. OVERVIEW

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

ii. Administrator

iii. Creditors' meeting

iv. Rehabilitation

E. OTHER ISSUES

APPENDIX OF LEGISLATION REFERRED TO

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Lao PDR report (February 2021 update) – Corporate Restructuring and Insolvency in Asia 2020

A. OVERVIEW

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

ii. Administrator

iii. Creditors' meeting

iv. Rehabilitation

E. OTHER ISSUES

APPENDIX OF LEGISLATION REFERRED TO

Myanmar report (February 2021 update)– Corporate Restructuring and Insolvency in Asia 2020

Indonesia report – Corporate Restructuring and Insolvency in Asia 2020

South Korea report – Corporate Restructuring and Insolvency in Asia 2020

India report – Corporate Restructuring and Insolvency in Asia 2020

Japan report – Corporate Restructuring and Insolvency in Asia 2020

Thailand report – Corporate Restructuring and Insolvency in Asia 2020

Philippines report – Corporate Restructuring and Insolvency in Asia 2020

Cambodia report – Corporate Restructuring and Insolvency in Asia 2020

Malaysia report – Corporate Restructuring and Insolvency in Asia 2020

Australia report (March 2021 updated)– Corporate Restructuring and Insolvency in Asia 2020

Lao PDR report (February 2021 update) – Corporate Restructuring and Insolvency in Asia 2020

A. OVERVIEW

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

ii. Administrator

iii. Creditors' meeting

iv. RehabilitationE. OTHER ISSUESAPPENDIX OF LEGISLATION REFERRED TO

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Myanmar report (February 2021 update)– Corporate Restructuring and Insolvency in Asia 2020

Indonesia report – Corporate Restructuring and Insolvency in Asia 2020

South Korea report – Corporate Restructuring and Insolvency in Asia 2020

India report – Corporate Restructuring and Insolvency in Asia 2020

Japan report – Corporate Restructuring and Insolvency in Asia 2020

Thailand report – Corporate Restructuring and Insolvency in Asia 2020

Philippines report – Corporate Restructuring and Insolvency in Asia 2020

Cambodia report – Corporate Restructuring and Insolvency in Asia 2020

Malaysia report – Corporate Restructuring and Insolvency in Asia 2020

Australia report (March 2021 updated)– Corporate Restructuring and Insolvency in Asia 2020

iv. Rehabilitation

E. OTHER ISSUES

APPENDIX OF LEGISLATION REFERRED TO