Best Restructuring & Insolvency Lawyers in Fuentes
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List of the best lawyers in Fuentes, Argentina
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Argentina Restructuring & Insolvency Legal Questions answered by Lawyers
Browse our 2 legal questions about Restructuring & Insolvency in Argentina and read the lawyer answers, or ask your own questions for free.
- Can filing for preventive insolvency in Argentina temporarily stop banks from seizing my company's machinery?
- My textile manufacturing business in Córdoba is struggling to pay loan installments due to severe inflation and local supplier credit constraints, leading two private banks to threaten immediate asset seizure. We are considering applying for a formal preventive reorganization proceeding (concurso preventivo) to restructure our debt before forced liquidation occurs.... Read more →
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Lawyer answer by Riskma Solutions
Yes, a concurso preventivo can provide substantial protection against creditor enforcement actions, including attempts by banks to seize your company's machinery. However, the protection is not absolute, and the formal opening of proceedings does not automatically suspend every lawsuit or...
Read full answer - Can my creditors force bankruptcy in Argentina if my business misses payments for 3 months?
- I run a small shop in Buenos Aires and cash flow collapsed after losing a key supplier. Several invoices are overdue by about 90 days and one creditor is threatening court action. I want to know the risk of being declared insolvent and what options I have to negotiate or...
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Lawyer answer by Riskma Solutions
Yes. Under Argentine law, a creditor can petition a court to declare your business bankrupt (quiebra) if the legal requirements are met. However, being 90 days behind on invoices does not automatically mean your business is insolvent or that a...
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