Kosovo needs to advance the legal framework for restructuring and bankruptcy of enterprises
The economic crisis caused by the COVID19 pandemic undermines the operations of many enterprises, a number of which may face the need for restructuring or even bankruptcy. To discuss the legal framework for debt settlement, but also bankruptcy restructuring, the American Chamber of Commerce in Kosovo in cooperation with the International Finance Corporation (IFC) organized a virtual forum with panelists Andres Federiko Martinez, Senior Debt and Bankruptcy Specialist in the International Finance Corporation (IFC) part of the World Bank Group, Ardi Shita, IFC Consultant, Berat Rukiqi, President of the Kosovo Chamber of Commerce, and Petrit Balija, Executive Director of the Kosovo Banking Association.