Mexican Legal Framework of Business Insolvency - White & Case
Mexican Legal Framework of Business Insolvency - White & Case Mexican Legal Framework of Business Insolvency - White & Case
4 Priority claim Crédito con privilegio especial Priority creditor Acreedor con privilegio especial Privileged labor claims Labor obligations for previous two years’ salary, benefits and severance Proposed plan Plan de reestructura previo Public trust Fideicomiso público Purchase-and-assumption Transferencia de activos y pasivos Quasi recovery Reivindicación útil Receiver Síndico Recovery Reivindicación Removal Desapoderamiento Repurchase Reporto Repurchaser Reportado Reseller Reportador Restructuring plan Convenio concursal Secured claim Crédito con garantía real Secured creditor Acreedor con garantía real Securities loan Préstamo de valores Separation Separación SHCP or Ministry of Finance Secretaría de Hacienda y Crédito Público Singularly privileged claim Crédito singularmente privilegiado State-controlled company Empresa de participación estatal mayoritaria State-owned entity Entidad paraestatal Support Apoyo Trust Fideicomiso UDI Unidad de Inversión, an inflation-indexed unit of account. The daily value of the UDI is regularly determined and published by Banco de México
UML or Model Law UNCITRAL Model Law on Cross-Border Insolvency With Guide to Enactment Unsecured claim Crédito común Unsecured creditor Acreedor común Usufruct Usufructo Usufruct beneficiary Usufructuario Visit Visita Visitor Visitador Winding Up Liquidación White & Case 5
- Page 1 and 2: Mexican Legal Framework of Business
- Page 3 and 4: Mexican Legal Framework of Business
- Page 5: Maria Teresa Fernández Labardini*
- Page 8 and 9: PART IIISpecial Insolvencies ......
- Page 10 and 11: 2 Consignment Consignación Coopera
- Page 15 and 16: Introduction All of a debtor’s as
- Page 17 and 18: PART I Out-of-Court Restructuring O
- Page 19 and 20: One of the risks that suppliers of
- Page 21 and 22: Under either of the two approaches,
- Page 23 and 24: . Prevention of Systemic Risk Anoth
- Page 25 and 26: verification and admission of claim
- Page 27 and 28: The issue is still divided between
- Page 29 and 30: the debtor to arrive at a consensua
- Page 31 and 32: v. Remuneration Specialists are ent
- Page 33 and 34: after his death, if the creditors
- Page 35 and 36: The above court precedent has two f
- Page 37 and 38: 2. Voluntary Acceptance Small merch
- Page 39 and 40: ii. Passive Estate Since a branch i
- Page 41 and 42: For a debtor to be considered a hol
- Page 43 and 44: ■■ Shutting down the enterprise
- Page 45 and 46: ■■ The facts that motivate the
- Page 47 and 48: filing such proofs of claim and ind
- Page 49 and 50: 29 P. 161. i. Conservative Measures
- Page 51 and 52: i. Disposition of Assets During con
- Page 53 and 54: ■■ ■■ Granting of collatera
- Page 55 and 56: All assets acquired by the concubin
- Page 57 and 58: ■■ ■■ ■■ ■■ ■■
- Page 59 and 60: ■■ ■■ Claims for an uncerta
- Page 61 and 62: chattel 35 ) unless its price is pa
UML or Model Law UNCITRAL Model Law on Cross-Border<br />
<strong>Insolvency</strong> With Guide to Enactment<br />
Unsecured claim Crédito común<br />
Unsecured creditor Acreedor común<br />
Usufruct Usufructo<br />
Usufruct beneficiary Usufructuario<br />
Visit Visita<br />
Visitor Visitador<br />
Winding Up Liquidación<br />
<strong>White</strong> & <strong>Case</strong><br />
5
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