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Post by account_disabled on Feb 15, 2024 7:14:01 GMT
In his opinion, “there are some open fronts. We will have to wait a little longer to see if the legal mechanisms adjust to practice and to the judges' interpretation of the norm. And if not, some technical legislative modification will have to be promoted so that all these issues, such as the viability of contradictory business plans and other issues, are addressed while safeguarding legal certainty. Regarding the sale of productive units , sometimes the best solution to keep a company operational, Alemany emphasizes that “it is working, but not as much as was thought. Restructuring plans work more than this sale Egypt Email List of productive units . This sale is the last resort to take advantage of the company's remaining assets. It is true that sacrifices are being demanded from creditors, but protecting the business fabric is one of the keys to this law. In his opinion, “this reform promoted from the aforementioned bankruptcy reform law 16/2022 must be given a high approval in this first year of life . The only thing is that it must keep up with the law and make the necessary technical adjustments and also advance in the jurisprudential interpretation of said law, which always helps us a lot. In his opinion, “ Commercial judges are being key in the development of this new regulation .” They are, as expected, doing their best by applying the law and trying to resolve the gaps that exist. They are highly trained professionals who dictate their resolutions trying to interpret the spirit of the law and act in favor of the most disadvantaged people, in this case natural persons.
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