Law-Now
29 May 2024 ·
International
Colombian law provides for avoidance actions to revoke illegitimate acts before and during insolvency proceedings
1 min read
'Avoidance action' is an umbrella term for any proceedings that seek to revoke illegitimate acts that diminish the debtor’s assets. These actions aim to protect creditors and maximise the value recovery from the debtor. Colombian law stipulates a variety of...
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