Financial Restructuring and Bankruptcy Law

Article 55 — Article (55) Confidentiality of Debtor-Related Information and Data

Chapter Three: Appointment of the Trustee and Controller

1. The Trustee, the controller, the creditors, the Creditors' Committee and all proceeding-related parties shall be prohibited from disclosing any information, data or accounts in relation to the debtor's financial position, its commercial relations or its business secrets, of which they become aware during or because of their engagement in the proceedings. Moreover, they shall be prohibited from using any of this information, data or accounts for their personal benefit. 2. This information and data includes trade secrets and information of interest such as clients and supplier lists, research and development information, professional secrets and other information of similar nature.

WAWhatsAppTGTelegram