Now more than ever, as a result of global economic distress, insolvency regimes across the world have a vital role to play in helping companies proactively prepare for restructuring and bankruptcy situations. Accessing and analyzing insolvency regimes in jurisdictions of interest often represents high legal costs for stakeholders, especially foreign parties. Perhaps surprisingly, in the context of Latin America and the Caribbean, national bankruptcy regimes are at different levels of maturity with a number of jurisdictions having recently issued new regulations.
The COVID-19 Insolvency, Bankruptcy and Restructuring with a Focus in Latin America and the Caribbean explores the main characteristics of bankruptcy regimes in over 24 Latin-American and the Caribbean jurisdictions. The guide covers the scope of the applicable bankruptcy regulations, the types of bankruptcy proceedings available, the existence of specialized bankruptcy courts, debtor benefits, director liabilities, emergency legislation to address the COVID-19 pandemic, among other topics of interest. It is the only complimentary guide available on the market that allows users to compare the bankruptcy law between and among Latin-American and the Caribbean jurisdictions in a side-by-side custom report.
Lex Mundi created the guide with the help of Brigard Urrutia, Lex Mundi member firm for Colombia.
Lex Mundi member firms have prepared comprehensive summaries of key developments across bankruptcy regimes in Latin-American and the Caribbean jurisdictions.