Mexican Legal Framework of Business Insolvency - White & Case

Table of Contents
Table of Contents ....................................................................................................................7
Conventions .............................................................................................................................1
Introduction .............................................................................................................................7
1. Coordinated Approach ............................................................................................................9
2. Standstill Agreement..............................................................................................................9
PART IOut-of-Court Restructuring .......................................................................................9
3. Interim Financing.................................................................................................................. 10
4. Rescheduling Agreement ..................................................................................................... 11
5. Publicly Traded Securities ..................................................................................................... 13
PART IICourt-Assisted Reorganization and Liquidation .................................................14
6. Stated Purpose..................................................................................................................... 14
7. Universalism vs. Territorialism ............................................................................................... 15
8. Proceeding ........................................................................................................................... 16
9. Venue and Administration .................................................................................................... 16
10. Eligibility ..............................................................................................................................23
11. Commencement Standards ................................................................................................33
12. Commencement ................................................................................................................35
13. Temporary Measures ..........................................................................................................37
14. The Visit ..............................................................................................................................37
15. Reorganization ....................................................................................................................38
16. Liquidation .......................................................................................................................... 74
17. Termination, Rehabilitation and Discharge ..........................................................................85
18. Cross-Border Cooperation ..................................................................................................85