Insolvency, Restructuring & Liquidation

At CMS Rodriguez-Azuero we advise both debtors and creditors, on issues related to the re-profiling and refinancing of their debts, as well as on judicial and extra-judicial, reorganization and liquidation, voluntary and mandatory, local, international and cross-border insolvency proceedings.

In addition to knowing and understanding in detail the particularities, opportunities and challenges of the general insolvency regime under Colombian Law 1116 of 2006, as well as of those provided by Decrees 560 and 772 of 2020 (issued in reaction to coronavirus pandemic), we understand the specificities of the different regimes, including those applicable to public, mix and private entities, financial institutions, commercial and non-commercial individuals, companies, branches of foreign companies and trusts. We also have wide experience representing claims of persons affected by illegal crowdfunding, and in liquidation processes carried out as an intervention measure before the Superintendence of Companies.

We work together with our clients proposing alternatives to overcome crises, promoting private negotiation and activating legal mechanisms that allow those affected to participate in the process, structuring complex mechanisms and security packages, as well as of schemes of universal business transfers, mergers and acquisitions.

Our broad and strong track record in advising clients on insolvency related matters, includes a broad spectrum of clients and industries that frequently require bold and creative solutions from specialized professionals.

As a full-service law firm, we work in close coordination with our tax, labor, litigation, financial and arbitration practice areas, as well as with our experts in various sectors including mining, energy, TMC, in order to cover all aspects of the adopted strategy.