Vietnam’s New Law on Rehabilitation and Bankruptcy: Key Highlights

Liquidation

Vietnam’s 2025 Law on Rehabilitation and Bankruptcy fundamentally reshapes the country’s insolvency framework, introducing a debtor-led rehabilitation regime that emphasizes early intervention, court supervision, and structured creditor participation. Vietnam has enacted a comprehensive overhaul of its insolvency framework through the Law on Rehabilitation and Bankruptcy No. 142/2025/QH15 (RBL 2025), which will take effect on March…

Nakhchivan Agricultural Supply Company officially liquidated by government decree

Liquidation

The Open Joint Stock Company “Nakhchivan Agricultural Production, Procurement and Supply” has been officially liquidated, AzerNEWS reports. The decision was signed by Jabbar Musayev, Prime Minister of the Nakhchivan Autonomous Republic. Under the decree, the company—previously operating under the Ministry of Agriculture of Nakhchivan—has been dissolved as part of an administrative restructuring process. The Ministry…

UK’s first ‘electric airline’ collapses: What the EcoJet liquidation means for passengers and staff

Liquidation

 UK’s first ‘electric airline’ collapses: What the EcoJet liquidation means for passengers and staff A major setback occurred for the aviation industry when a planned airline promised to transform green air travel, collapsed before carrying a single passenger.  Edinburgh-based EcoJet Airlines has entered liquidation as of May 1, 2026, after failing to secure £20 million…