Bankruptcies, reorganization proceedings and debt restructuring
When business is not sustainable
Castro Sammartino & Pierini is frequently retained by creditors in connection with bankruptcies and reorganization proceedings, submitting proof of debts, being in creditor’s committees, dealing with the acquisition of bankruptcy assets, foreclosure of mortgages, chattel mortgages, and other collaterals and related matters.
We also advise businesses with economic and financial difficulties on debt restructuring and out-of-court reorganization proceedings, finding ways to solve those issues so that you can get back to business.
In addition, we also cover other issues related to companies´ economic and financial difficulties, such as labor crisis prevention procedures, collective suspensions, and dismissals.
Castro Sammartino & Pierini with your company, to be better, always.
From our Legal Blog
By Law No. 27,570, published in the Official Gazette on October 26, 2020, certain amendments were made to the Law No. 27,506 that had established the Regime for the Promotion of the Knowledge Economy in Argentina
Hiring foreign workers in Argentina requires reviewing immigration laws in force. Immigration to Argentina is governed by the Migration Law No. 25,871 (Ley de Migraciones), its Regulatory Decree No. 616/2010, and supplementary dispositions enacted by the National Direction of Migrations (Dirección Nacional de Migraciones, or DNM) that is the agency in charge of enforcing migration laws.
Unions in Argentina bear a strong presence and a significant political influence. They enjoy constitutional protection through Section 14 bis of the Federal Constitution guaranteeing their entering into collective labor agreements, resourcing to conciliation and arbitration, and calling strikes. Argentine has ratified the International Labor Organization´s Convention No. 87 on Freedom of Association and Protection of the Right to Organize.