On 25 September 2020, the Law of Georgia on Rehabilitation and Collective Satisfaction of Creditors was published. 

Under the law, insolvency is when the debtor is unable to cover overdue obligations. Unless proved contrary, the debtor is assumed to be insolvent when: 

On 8 September 2020, the draft law "On Entrepreneurs" and related draft laws were submitted to the Parliament of Georgia. The draft law regulates following issues: 

Issues related to the directors of legal entities: