Implementing an insolvency framework for micro and small enterprises

Micro, small and medium-sized enterprises (MSMEs) represent around 90% of businesses and more than 50% of worldwide employment. Despite their economic relevance, most insolvency jurisdictions fail to provide an adequate response for MSMEs in insolvency.  

Professor Gurrea Martínez of Singapore Management University is an expert in insolvency and business restructuring and his recent work looks at international insolvency frameworks.

Read the original article: https://doi.org/10.1002/iir.1422