U.S. flag

An official website of the United States government

Dot gov

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Https

Secure .gov websites use HTTPS
A lock () or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Breadcrumb

  1. Home
  2. CLDP In Action

Saudi Arabia – Best Practices for Bankruptcy Trustees

On December 9, in order to assist the Saudi Arabia Bankruptcy Commission in developing best practices in administrative liquidation and trustee practices, CLDP and the Bankruptcy Commission, in collaboration with the U.S Department of Justice U.S. Trustees Program and the U.S. Bankruptcy Court for Puerto Rico, conducted a webinar regarding management by trustees in insolvency cases.  During the webinar Saudi Trustees learned how U.S. Trustees manage cases during the COVID-19 pandemic.  Saudi Trustees also learned U.S. bankruptcy judges’ expectations of documentation received from Trustees during bankruptcy cases. Improved bankruptcy law implementation improves opportunities for U.S. companies to invest and conduct business in Saudi Arabia, by securing business transactions and increasing return on investment. 

Areas of Expertise
Countries and Regions