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
Some amendments to commercialization contracts in Argentina have been drafted in the so-called Bill of Law Bases and Starting Points for the Freedom of the Argentines, sent by the National Executive Power to the National Congress
May companies have multiple corporate purposes in Argentina? Term of duration, insufficient capital, and other reforms of the IGJ
There is no legal prohibition for the incorporation of multiple-purpose companies. However, the previous management of the General Inspectorate of Justice (the IGJ) in charge of the Public Registry in the Autonomous City of Buenos Aires, in the regulatory excess that characterized it, had restricted such possibility, as well as the term of duration, the possibility of freely choosing the capital stock, the requirement of publicity of private corporate matters, etc.
Argentina has new regulations on real estate leases under the Emergency Decree No. 70/2023 (hereinafter, the Decree). The Decree repeals, substitutes, and incorporates rules into the Argentine Civil and Commercial Code (hereinafter, the CCCN), and repeals leasing laws.