{"id":632493,"date":"2018-02-12T04:14:49","date_gmt":"2018-02-12T04:14:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/economic-courts-begin-establishing-bankruptcy-courts\/"},"modified":"2018-02-12T04:14:49","modified_gmt":"2018-02-12T04:14:49","slug":"economic-courts-begin-establishing-bankruptcy-courts","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/economic-courts-begin-establishing-bankruptcy-courts\/","title":{"rendered":"Economic Courts begin establishing bankruptcy courts"},"content":{"rendered":"<p>The Cairo Economic Court is in the process of establishing special bankruptcy courts to mediate and arbitrate bankruptcy cases, as is mandated by the Bankruptcy Act, unnamed judicial <a href=\"https:\/\/alborsanews.com\/2018\/02\/11\/1084012\">sources tell Al Borsa<\/a>. The legislation, <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/29\/house-of-representatives-passes-bankruptcy-act\/\">which was approved by parliament last month<\/a>, will decriminalize bankruptcy by abolishing prison sentences and introduce mechanisms to help settle commercial disputes outside the courtroom.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Cairo Economic Court is in the process of establishing special bankruptcy courts to mediate and arbitrate bankruptcy cases, as is mandated by the Bankruptcy Act, unnamed judicial sources tell Al Borsa. The legislation, which was approved by parliament last month, will decriminalize bankruptcy by abolishing prison sentences and introduce mechanisms to help settle commercial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9346],"tags":[2376,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632493","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"2e94d5f1-de04-49e3-939d-1da38a4f1b92","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Economic Courts begin establishing bankruptcy courts","related_issue":[632458],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.2fb8b64e-8b28-47f1-a8a9-9953f8384eb0.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Economic Courts begin establishing bankruptcy courts - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/economic-courts-begin-establishing-bankruptcy-courts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic Courts begin establishing bankruptcy courts\" \/>\n<meta property=\"og:description\" content=\"The Cairo Economic Court is in the process of establishing special bankruptcy courts to mediate and arbitrate bankruptcy cases, as is mandated by the Bankruptcy Act, unnamed judicial sources tell Al Borsa. The legislation, which was approved by parliament last month, will decriminalize bankruptcy by abolishing prison sentences and introduce mechanisms to help settle commercial [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/economic-courts-begin-establishing-bankruptcy-courts\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-12T04:14:49+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/economic-courts-begin-establishing-bankruptcy-courts\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/economic-courts-begin-establishing-bankruptcy-courts\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Economic Courts begin establishing bankruptcy courts\",\"datePublished\":\"2018-02-12T04:14:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/economic-courts-begin-establishing-bankruptcy-courts\/\"},\"wordCount\":65,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt Politics + Economics\",\"EnterpriseAM\"],\"articleSection\":[\"Egypt Politics + Economics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/economic-courts-begin-establishing-bankruptcy-courts\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/economic-courts-begin-establishing-bankruptcy-courts\/\",\"name\":\"Economic Courts begin establishing bankruptcy courts - 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The Bankruptcy Act, which was approved by parliament in January, saw the establishment of specialized bankruptcy courts to mediate and arbitrate bankruptcy cases. Since their\u2026","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649932,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/a-copy-of-the-bankruptcy-act-is-out\/","url_meta":{"origin":632493,"position":1},"title":"A copy of the Bankruptcy Act is out","author":"enterpriseam admin","date":"13 March 2017","format":false,"excerpt":"A copy of the Bankruptcy Act is out: A copy of the Bankruptcy Act, which is currently being reviewed by the Council of State (Maglis Al Dawla), has made it to the press. You can view the full text here, courtesy of Al Borsa. The law, which creates a clear\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632977,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/bankruptcy-act-now-the-law-of-the-land\/","url_meta":{"origin":632493,"position":2},"title":"Bankruptcy Act now the law of the land","author":"enterpriseam admin","date":"25 February 2018","format":false,"excerpt":"LEGISLATION WATCH- Bankruptcy Act now the law of the land: The Bankruptcy Act, which passed in the House of Representatives last month, is now officially the law of the land after it was published on the Official Gazette on Thursday. The Act effectively decriminalizes bankruptcy by abolishing prison sentences and\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652289,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/05\/cabinet-approves-draft-bankruptcy-law\/","url_meta":{"origin":632493,"position":3},"title":"Cabinet approves draft bankruptcy law","author":"enterpriseam admin","date":"5 January 2017","format":false,"excerpt":"Cabinet has approved a draft bankruptcy and restructuring law, Al Masry Al Youm reported. Justice Minister Mohamed Hossam Abdel Rehim said the law aims to create an intermediary system that reduces the need to resort to court proceedings whenever companies go in arrears and simplifies post-bankruptcy procedures. The draft law\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634911,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/29\/house-of-representatives-passes-bankruptcy-act\/","url_meta":{"origin":632493,"position":4},"title":"House of Representatives passes Bankruptcy Act","author":"enterpriseam admin","date":"29 January 2018","format":false,"excerpt":"LEGISLATION WATCH- The House of Representatives voted yesterday to approve the long-awaited Bankruptcy Act in a plenary session, Youm7 reports. The Act effectively decriminalizes bankruptcy by abolishing prison sentences and allows companies more time and options for restructuring by introducing mechanisms to help settle commercial disputes outside the courtroom and\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639536,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/bankruptcy-act-is-before-the-house-legislative-committee\/","url_meta":{"origin":632493,"position":5},"title":"Bankruptcy Act is before the House Legislative Committee","author":"enterpriseam admin","date":"31 October 2017","format":false,"excerpt":"The Bankruptcy Act is currently with the House of Representatives\u2019 Legislative Committee and will be sent to the House Economics Committee once it is done reviewing the legislation soon, Economic Committee member Medhat El Sherif tells Al Borsa. The Economic Committee, which is currently hosting Consumer Protection Agency boss Atef\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=632493"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632493\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/632458"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=632493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=632493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=632493"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=632493"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=632493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}