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Micro, Small, and Medium Enterprise InsolvencyA Modular Approach$
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Riz Mokal, Ronald Davis, Alberto Mazzoni, Irit Mevorach, Madam Justice Barbara Romaine, Janis Sarra, Ignacio Tirado, and Stephan Madaus

Print publication date: 2018

Print ISBN-13: 9780198799931

Published to Oxford Scholarship Online: November 2018

DOI: 10.1093/oso/9780198799931.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use.date: 27 January 2022

Annex 1

Annex 1

Introduction of the Modular Approach for MSMEs: A Basic Toolkit for Legal Reform

(p.177) 9 Annex 1
Micro, Small, and Medium Enterprise Insolvency

Mokal et

Oxford University Press

This first annex presents a basic checklist of steps that should be completed to implement reform that incorporates the Modular Approach. The process should have three stages, all of them complementary, each of them with less value if considered individually. They should follow a predefined order. The first part of the sequence would be to conduct an assessment. Second, and based on the results of the assessment, a drafting stage would be initiated. Third, following approval of the reform, an implementation stage would be commenced. Each part of the process is equally important, and, surprising as it might be, the seemingly more ancillary stages (assessment and implementation) usually take longer and require the most resources.

Keywords:   Modular Approach, assessment, drafting, implementation, MSMEs, legal reform

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