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

Franchising disclosure in Argentina

Franchising disclosure in Argentina
Under Argentine Law, franchise agreements are governed by the Civil and Commercial Code of the Nation (Código Civil y Comercial de la Nación, or CCCN by its Spanish acronym).
The franchisor´s disclosure obligations are contained in a single provision: the Article Number 1,514, Subarticle a), of the CCCN. It reads that the franchisor must:
“a) provide, prior to the signature of the agreement, economic and financial information over the evolution of two years of units similar to the one offered in franchising, which have operated enough time, either in the country or abroad.”

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