The enactment of Law No. 20,720 radically changed the treatment of insolvency in Chile. Former proceedings, in which the focus was simply to liquidate companies, transitioned to a system that encourages debt restructuring, in line with international trends.
We advise both the debtor company and the creditors in the proposal and negotiation of agreements, whether it is to keep the company running, or to seek an orderly liquidation of assets, maximizing the recovery.
In addition to legal knowledge, bankruptcy proceedings demand a heavy dose of planning and commercial strategy. We seek to understand in depth both the participants – creditors and debtors – as well as the market in which they operate. We look at the short, medium and long term in order to achieve our previously defined objectives.
Our work method involves a continuous assistance to our clients in the process of restructuring themselves and protecting their assets.