Georgia’s new insolvency law – the Law of Georgia on rehabilitation and the collective satisfaction of creditors’ claims – became effective on 1 April 2021. Under which, if a business operating in Georgia has reached a low ebb and is no longer able to meet its financial obligations, it has the opportunity to regulate relations with creditors based on new legislative instruments – effectively, it is able to rehabilitate and return to the market in a viable manner, or, if necessary, it might declare bankruptcy and exit the market.

Lead contamination has been estimated to account for around 900,000 deaths per year worldwide (IHME, 2019). Typically developing countries suffer the most, where the use of lead in paint and other household products is often not fully regulated or controlled.