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