This episode features a conversation with Lee Jun Yee, Partner at Allen & Gledhill in Myanmar, on the recent reforms to Myanmar’s insolvency law. The discussion highlights the enhanced role of mediators and the adoption of the UNCITRAL Model Law on Cross-Border Insolvency, before turning to the specific implications for micro and small enterprises (MSEs). The episode explores the options now available to both incorporated and unincorporated entities, the progress towards digitalisation, and the evolving role of courts and judges in supporting this transformation. Other key topics include the treatment of interim finance and the discharge process for individuals and companies. The conversation concludes with reflections on how the COVID-19 pandemic and the country’s recent political turmoil have delayed implementation, and what steps are necessary to ensure the effectiveness of the new framework.

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