ขั้นตอนแรกในการเริ่มต้นกระบวนการ concurso mercantil ในปานามาเพื่อปรับโครงสร้างหนี้กับเจ้าหนี้คืออะไร?

Dear Srs,

Thank you for contacting us regarding your interest in initiating a concurso mercantil in Panama to restructure your business debts.

Under the Panamanian Commercial Code, a concurso mercantil allows an insolvent business to seek court protection, suspend enforcement actions by creditors, and negotiate a restructuring agreement to avoid liquidation. The process begins with a voluntary petition filed before the competent Civil Court, supported by financial statements, a list of creditors and liabilities, an inventory of assets, and corporate authorizations.

Once admitted by the court, creditor actions are stayed, claims are verified, and negotiations take place under judicial supervision. Depending on the complexity of the case, the process typically takes between 6 and 12 months.

Legal representation is essential to properly assess feasibility, prepare the filing, manage creditor negotiations, and represent the company before the court.

We would be pleased to schedule a confidential consultation to review your situation and outline a restructuring strategy under Panamanian law.

Kind regards,
Rodrigo Julio Molina Ortega
Attorney at Law
Molina & Co.