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Indonesia Seeks to Provide Legal Certainty for Investors by Reviewing UN Bankruptcy Guidelines
Summary by British Chamber of Commerce in Indonesia
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Indonesia Seeks to Provide Legal Certainty for Investors by Reviewing UN Bankruptcy Guidelines
Denpasar — The Government of Indonesia is seeking to provide greater legal certainty for investors by reviewing the potential adoption of the United Nations Commission on International Trade Law (UNCITRAL) Model Law on Cross-Border Insolvency (MLCBI). “Indonesia is currently reviewing and discussing various international best practices, including the principles contained in the UNCITRAL Model Law,”
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