Regulatory roundup: Malaysia replaces insolvency law after 50 years
Kuala Lumpur, Malaysia (Credit: iStock.com/zorazhuang)
A new insolvency law has entered into force in Malaysia, replacing its 50 year old predecessor; meanwhile the US has updated its Federal Rules of Bankruptcy Procedure affecting secured creditors and priority claims; and France and Hungary have updated their insolvency legislation in line with the recast European Insolvency Regulation (EIR).
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