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Structural division: BOOK THREE › CHAPTER THREE
Article 593 — Continuation or Termination of ongoing Contracts
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ The opening of preventive restructuring, reorganization and bankruptcy proceedings shall not affect the continuation of ongoing contracts.
2/ Ongoing contracts are contracts, including, but not limited to, essential services contracts and immovable business property leases where the debtor carries on his business, including premises forming part thereof and occupied by himself or his family, between the debtor and one or more creditors under which, at the moment of the opening of proceedings, at least one