Discussion on Bankruptcy Law Reform

The Information and Public relations Department of the RA Ministry of Justice informs that on 17 December, a round table discussion on the reform of the bankruptcy law was organized. The event was organized in the framework of joint EU and EC project aimed at strengthening the independence, professionalism and responsibility of the justice system of the RA.

The purpose of the event was introduction and discussion of the World Bank’s report on “Current State of Bankruptcy Problem Solution and the Proposed Reforms in Armenia.” The First Deputy Justice Minister Arsen Mkrtchyan, Head of Legislation Development and Legal Analysis Department of the Ministry of Justice Liparit Drmeyan, local and international experts of the EC and WB, and representatives of local NGOs participated in the roundtable.

In the opening speech Arsen Mkrtchyan asked the experts to consider the specificities of our country when drawing conclusions and recommendations in order to determine the most effective recovery mechanisms and institutions, find the problems that hinder the development of the business environment and suggest solutions.
The complete text in Armenian language is available here.

Iravaban.net

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