Cambodia report – Corporate Restructuring and Insolvency in Asia 2020

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Reporter: Jay Cohen

Index

A. INTRODUCTION

B. RESCUES: OUT-OF-COURT AND IN-COURT (GOVERNANCE AND SUPERVISION)

i. Out-of-court workouts

ii. Pre-insolvency proceedings

iii. Formal insolvency proceedings in general

C. SUPPORT STRUCTURES (COURTS AND STATE AGENCIES)

D. INSOLVENCY OFFICE-HOLDERS

E. DIRECTORS OR MANAGERS OF DISTRESSED ENTITIES

F. CONVERSION OF PROCEEDINGS

G. RESCUE FINANCING

H. EFFECT OF THE STAY AND MORATORIUM

I. ORDINARY AND SPECIAL CONTRACTS

J. RANKING, PRIORITY AND RESOLUTION OF CREDITOR CLAIMS

K. TREATMENT OF FOREIGN CREDITORS

L. CREDITOR SUPERVISION OF PROCEEDINGS

M. EMPLOYMENT, STAKEHOLDING AND PENSION ISSUES

N. AVOIDANCE AND CLAWBACK RULES AND SAFE HARBOUR PROVISIONS

O. RESCUE PLANS AND SALES AS A GOING CONCERN

P. GROUP INSOLVENCIES

Q. SMALL AND MEDIUM-SIZED ENTERPRISES

R. INTERNATIONAL AND CROSS-BORDER INSOLVENCY LAW

S. OTHER MATTERS

APPENDIX OF LEGISLATION REFERRED TO