By and large the law on corporate insolvency and debt-restructuring in Malta has become outdated, increasingly inadequate and in need of substantive and structural reforms. The key recommendations contained in the book will have the most impact on companies in financial distress by assisting such companies overcome financial difficulties whilst protecting the rights of creditors at the same time. The various reforms that are being proposed are divided into three main categories: circumstantial or situational, remedial or rehabilitative. The draft clauses that have been included in the book’s schedules are in an up-to-date and user-friendly style for easier reference.
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