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Reconciliation for bankruptcy protection in Jordanian commercial law

Abstract

Dr. Jamil Samawi

This research paper aims to clarify commercial Law Legislations according to Reconciliation for Bankruptcy Protection. In addition, the study intends to provide an understanding of the impact of bankruptcy on business entrepreneurs and the reconciliation to bankruptcy according to commercial Law in Jordan. The researcher relies on the analytical methodology in researching and analyzing the legal texts related to this subject and therefore, he has concluded that Reconciliation for bankruptcy protection in Jordanian commercial Law is the ideal course of action to maintain both the continuity of commercial enterprises and flow of trade which in turn, would assist in helping merchants overcome their emergency crisis, and in preserving creditors’ rights.

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