Mondaq All Regions - Colombia: Insolvency/Bankruptcy/Re-structuring
Dentons
During the second part of a hearing with a massive attendance the Superintendence of Corporations, such authority recognized in Colombia the process of insolvency that the Pacific Group advances in Canada.
Baker & McKenzie Colombia S.A.
There has been some relief for companies suffering under Colombia's largest financial crisis and on the verge of becoming insolvent since the mid-1990s - first under Law 222/1995 and then under Law 550/1999. In both cases creditors and debtors have had to deal with procedural and regulatory issues that obstruct settlement solutions, or impose time constraints on creditors, debtors, employees and shareholders reaching satisfactory restructuring agreements.
Parra Rodríguez & Cavelier
Most Popular Recent Articles
Dentons
During the second part of a hearing with a massive attendance the Superintendence of Corporations, such authority recognized in Colombia the process of insolvency that the Pacific Group advances in Canada.
Article Search Using Filters
Related Topics
Popular Authors
Up-coming Events Search
Tools
Font Size:
Translation
Channels
Mondaq on Twitter