Regulatory Alerts2016-04-29
Law No. 2016-36 of April 29, 2016 on Collective Proceedings
The Tunisian Parliament enacted Law No. 2016-36 on April 29, 2016 to establish a unified legal framework for collective proceedings and corporate insolvency. The statute mandates specific judicial procedures for debt restructuring, creditor claims, and the appointment of administrators to oversee distressed enterprises. While the official French text awaits publication in the Official Journal of Tunisia, this English version fully captures the enacted requirements and procedural mandates.
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