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This article presents a new analysis of the role that the provisions for rescuing commercial enterprises from financial distress play in economic development, which itself is a demand for international financial bodies, notably the World Bank and the Organization for Economic Cooperation and Development, to improve the legal climate for foreign investments in Egypt. The discussion evaluates new solutions and tools that have been used in Egypt, their effectiveness and impact on avoid insolvency in light of the current economic crisis. Therefore, focused on restructuring to save commercial enterprises in accordance with the new Egyptian bankruptcy law to determine the effectiveness of its provisions in achieving the desired goal behind them, which is to help commercial enterprises get out of financial distress instead of declaring their bankrupt and that is through analysis and evaluation of the provisions contained in the new Egyptian Law. The article concludes by identifying seven recommendations that attempt to improve the newly implemented restructuring system in Egypt.
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