The proposed amendment aims to expand protective measures to ensure the stability of the companies during insolvency proceedings, facilitate access for small and medium-sized enterprises, streamline insolvency proceedings and enhance the judge’s authority for enforcement purposes. In brief For insolvent companies, the Mexican Insolvency Act (Ley de Concursos Mercantiles) has been a valuable tool for restructuring their debt or, if necessary, liquidating their assets to pay off their debts if the reorganization is not feasible.…
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