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Lawyer In Vietnam Dr. Oliver Massmann – Vietnam’s New Bankruptcy Playbook For State-Invested Enterprises: What Every Foreign Investor, Lender And M&A Professional Needs To Know
Vietnam's Decree No. 187/2026/ND-CP introduces critical reforms to corporate insolvency proceedings by establishing clear mechanisms for replacing legal representatives and maintaining business operations during bankruptcy. The decree addresses a fundamental challenge that has historically paralyzed distressed enterprises: ensuring management continuity when legal representatives become incapable of performing their duties, thereby preserving enterprise value and protecting creditor interests.
Duane Morris LLP