The Bankruptcy
Commission held a (virtual) workshop titled Liquidating Letter of Guarantee
during Claims’ Suspension on Monday, 1442/01/05 A.H, corresponding to 2020/08/24 A.D.
The workshop was attended
by 40 experts from the Ministry of Justice, Ministry of Commerce, Saudi Arabian
Monetary Authority, and Capital Markets Authority of Saudi Arabia.
The workshop
aimed at examining the possibility of addressing the liquidation of the letter
of guarantee during the suspension of claims in the Bankruptcy Law.