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Bankruptcy Proceedings
Confronting the difficult global economic situation, the Firm has ventured into an area of vital importance for the life of both national and foreign companies, which is the generalized failure to perform, particularly the failure to pay, through the implementation of the legal measures necessary to reduce the economic impact that these types of problems bring.
The Firm has taken on the challenge by preparing lawyers specialized in the area of bankruptcy in order to provide our clients with legal advice, from the point of view of creditors, as well as from the lens of debtors or those in bankruptcy proceedings.
Mistakenly the bankruptcy proceeding, before the declaration of bankruptcy and suspension of payments, has commonly been understood only as a sanction on the non-performing merchant. In this regard, through our lawyers specialized in the area an attempt is made to raise the awareness of the client that the bankruptcy proceeding can be used as a preventive measure and not just as a corrective measure, in order to avoid declaring the merchant in bankruptcy.
The principal function of this area is to provide our clients with the possibility of rechanneling their businesses by obtaining a settlement with their creditors that allows them to meet their obligations or liquidate the commercial business in a satisfactory manner and, in addition, achieve the greatest amount of recovery of the credit owned to the creditors.
