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n Without Prejudice - Court-supervised restructuring : Africa - Mozambique

Volume 15, Issue 8
  • ISSN : 1681-178X
USD

 

Abstract

As well as reforming insolvency procedures, the Legal Framework for Insolvency and Business Recovery, approved by Decree-Law No. 1/2013 of 4th July (DL 1/2013), introduced the new concept of "" to the Mozambiquan legal system. Court-supervised restructuring aims to enable companies which are in financial difficulty to overcome their inability to meet their obligations.

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/content/jb_prej/15/8/EJC179153
2015-09-01
2017-01-20

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