Ricardo Reveco, partner at Carey's, talks about the new Chilean Insolvency Act, that regulates the effects of the Leasing during the liquidation of a debtor company.

Gutiérrez, Waugh, Jimeno & Asenjo Abogados has helped a Chilean salmon farmer restructure a US$50 million syndicated loan by changing the debt's terms and making its fish food supplier a creditor.

Gutiérrez, Waugh, Jimeno & Asenjo Abogados has helped Chilean salmon farmer Cultivos Yadrán restructure a US$50 million syndicated loan by changing the debt's terms and making its fish food supplier a creditor.

A new insolvency law was approved by the Chilean Congress at the end of 2013 and became effective in October 2014.

On the reorganization and liquidation of companies and individuals, enacted in Chile in 2014, regulates different insolvency proceedings applicable to companies with financial difficulties, allowing the restructuration of their assets and liabilities or their liquidation (bankruptcy).

Chilean trout and salmon producer Cultivos Yadrán extended the term of a US$49.2 million loan.

With the incorporation of the CMF, the figure of a Superintendent is eliminated, being replaced by a Council, composed of 4 commissioners and a president.

É importante ter conhecimento local para estabelecer sua empresa com sucesso no Chile.

Chile es uno de los países de América Latina más ricos, estables y competitivos.