{"id":650112,"date":"2017-03-16T04:05:06","date_gmt":"2017-03-16T04:05:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/is-the-bankruptcy-law-a-problem-solver-for-egypts-businessmen\/"},"modified":"2017-03-16T04:05:06","modified_gmt":"2017-03-16T04:05:06","slug":"is-the-bankruptcy-law-a-problem-solver-for-egypts-businessmen","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/is-the-bankruptcy-law-a-problem-solver-for-egypts-businessmen\/","title":{"rendered":"Is the bankruptcy law a problem solver for Egypt\u2019s businessmen?"},"content":{"rendered":"

The Bankruptcy Act is important, but not enough to lure back investors<\/strong>, says Ayah Aman in Al Monitor<\/a>, stating the obvious. This confused and self-contradictory article rehashes the point that policy stability is more important than new legislation. Fair enough if it wasn\u2019t for the fact that she quotes (then ignores) statements by Trade and Industry Minister Tarek Kabil explaining how the act was necessary to prevent floundering factories from shutting down.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Bankruptcy Act is important, but not enough to lure back investors, says Ayah Aman in Al Monitor, stating the obvious. This confused and self-contradictory article rehashes the point that policy stability is more important than new legislation. Fair enough if it wasn\u2019t for the fact that she quotes (then ignores) statements by Trade and […]<\/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":[7233],"tags":[2386,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-650112","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-egypt-in-the-news","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"c8025d67-62fb-49ee-b858-6ad534d1cc90","order":"0","is_powered_by":true,"section_story_id":"e2a138c3-0936-46db-92ee-43dbef78a09d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650088],"teaser":"","voice_url":""},"yoast_head":"\nIs the bankruptcy law a problem solver for Egypt\u2019s businessmen? - 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\/2017\/03\/16\/is-the-bankruptcy-law-a-problem-solver-for-egypts-businessmen\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is the bankruptcy law a problem solver for Egypt\u2019s businessmen?\" \/>\n<meta property=\"og:description\" content=\"The Bankruptcy Act is important, but not enough to lure back investors, says Ayah Aman in Al Monitor, stating the obvious. This confused and self-contradictory article rehashes the point that policy stability is more important than new legislation. Fair enough if it wasn\u2019t for the fact that she quotes (then ignores) statements by Trade and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/is-the-bankruptcy-law-a-problem-solver-for-egypts-businessmen\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-16T04:05:06+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\/2017\/03\/16\/is-the-bankruptcy-law-a-problem-solver-for-egypts-businessmen\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/is-the-bankruptcy-law-a-problem-solver-for-egypts-businessmen\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Is the bankruptcy law a problem solver for Egypt\u2019s businessmen?\",\"datePublished\":\"2017-03-16T04:05:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/is-the-bankruptcy-law-a-problem-solver-for-egypts-businessmen\/\"},\"wordCount\":84,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt in the News\",\"EnterpriseAM\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/is-the-bankruptcy-law-a-problem-solver-for-egypts-businessmen\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/is-the-bankruptcy-law-a-problem-solver-for-egypts-businessmen\/\",\"name\":\"Is the bankruptcy law a problem solver for Egypt\u2019s businessmen? 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The Act effectively decriminalizes bankruptcy by abolishing prison sentences and\u2026","rel":"","context":"In "Speed Round"","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":631058,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/08\/bankruptcy-act-refresher-from-sharkawy-sarhan\/","url_meta":{"origin":650112,"position":1},"title":"Bankruptcy Act refresher from Sharkawy & Sarhan","author":"enterpriseam admin","date":"8 March 2018","format":false,"excerpt":"Need a refresher on the Bankruptcy Act? Our friends at Sharkawy & Sarhan have put together a handy primer on the recently enacted legislation, which effectively decriminalizes bankruptcy, creating a \u201cwin-win situation for all the related parties in the bankruptcy process.\u201d","rel":"","context":"In "Speed Round"","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":650112,"position":2},"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 "Speed Round"","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":649932,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/a-copy-of-the-bankruptcy-act-is-out\/","url_meta":{"origin":650112,"position":3},"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 "Speed Round"","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":636959,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/05\/further-amendments-to-the-bankruptcy-act-signals-delays-in-passing-the-law\/","url_meta":{"origin":650112,"position":4},"title":"Further amendments to the Bankruptcy Act signals delays in passing the law","author":"enterpriseam admin","date":"5 November 2017","format":false,"excerpt":"The government appears to want to make amendments to the Bankruptcy Act \u201cduring the current House session,\u201d officials from the Justice Ministry tell AMAY. The source did not state what these amendments would be. We anticipate that the move would further delay passing the long-awaited act \u2014 a key economic\u2026","rel":"","context":"In "Legislation + Policy"","block_context":{"text":"Legislation + Policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632493,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/economic-courts-begin-establishing-bankruptcy-courts\/","url_meta":{"origin":650112,"position":5},"title":"Economic Courts begin establishing bankruptcy courts","author":"enterpriseam admin","date":"12 February 2018","format":false,"excerpt":"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. 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