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Second focus group session on “the Middle East Regional Bankruptcy Reform Initiative “ project in Jordan
Within the framework of “Middle East Regional Bankruptcy Reform Initiative “project (MEPI), the Arab Center for the Rule of Law and Integrity has organized the second focus group session about “Bankruptcy reform”, which was held on December 3, 2013 at Grand Hayat hotel in Amman. A group of Jordanian jurists and businessmen participated in these meetings, in addition to the Jordanian expert in Bankruptcy from Jordan and Egypt and the national coordinator on the project in Jordan, Mr. Asem El Rawashedeh The meeting included a brief review of the current system of bankruptcy in the Jordanian Trade Act, and the international approaches of Bankruptcy law reform to foster the enterprises restructuring ; the draft law of “re- regulating the trader's business and bankruptcy and liquidation provisions for the year 2012" in addition to the participants interventions on the status of companies in Jordan and the draft bankruptcy law .