Malta: Insolvency/Bankruptcy

Under Maltese company law, creditors holding at least one-fourth of a company's debt value have the statutory right to request a meeting to potentially replace the Official Receiver as liquidator. This mechanism provides creditors with meaningful influence over the liquidation process, particularly when specialized expertise or a different approach to asset recovery is needed.

This article is part of a series exploring court actions available under the Companies Act (Chapter 386 of the Laws of Malta).

When a company enters court-supervised liquidation in Malta, all ongoing litigation involving that entity comes to an abrupt halt. Under the Companies Act, creditors and claimants must redirect their claims through...

On the 15th of November, 2024, the Insolvency and Receivership Service within the Malta Business Registry (the "MBR") launched a new online portal...

On the 15th of November 2024, the Insolvency and Receivership Service within the Malta Business Registry announced the launch of the very first...

In a bid to reinforce the Capital Markets Union (the "CMU"), on the 7th December 2022 the European Commission unveiled the "Proposal for a Directive Of The European Parliament And Of The Council harmonising...

On 15th September 2020, the Companies Act (Suspension of Filing for Dissolution and Winding Up) Regulations (the 'Regulations') were introduced as part of several other measures intended...

On the 22 June 2010, Parliament approved and published the Aircraft Registration Act, which came into force on 1 October 2010. This means that it has already been a decade since a decision...

This is the Malta contribution published in a report by the AIJA (International Association of Young Lawyers) Insolvency Commission – November 2020