Bankruptcy and Financial Reorganization Sector
The Kingdom of Saudi Arabia is committed to fostering an attractive investment environment and achieving economic sustainability through its bankruptcy system, which offers a flexible legal framework to assist individuals and companies in managing financial distress. This includes mechanisms such as preventive settlements, financial reorganizations, and liquidation procedures. By supporting business continuity, this system enhances investor confidence and promotes entrepreneurship
The bankruptcy system strikes a fair balance between the rights of debtors and creditors, providing opportunities for restructuring struggling companies rather than forcing their exit from the market, thus supporting national economic stability
At DB&CO, we offer comprehensive legal services in bankruptcy matters, including file preparation, creditor negotiations, development of restructuring plans, and judicial representation. Our efforts help create a supportive legal environment that encourages business sustainability and aligns with the goals of Vision 2030
