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
Labor Guide to Doing Business in Argentina: transfer of business in Argentina. Labor liabilities
The transfer of business in Argentina, by any means, including the merger and acquisition of companies, cause that all labor obligations of the transferor will pass to the acquirer (Contract of Employment Law N° 20,744, Section 225).
Labor Guide to Doing Business in Argentina: termination of employment in Argentina. Post-employment restrictive covenants
Under Argentine law, there are different grounds for termination of employment in Argentina that we will briefly cover in this report
Labor guide to Doing Business in Argentina: salaries and working conditions in Argentina
Salaries and working conditions in Argentina may be governed by the Contract of Employment Law No. 20,744 (the CEL), additional laws, collective bargaining agreements, and company or individual agreements.
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