October 20, 2022
Credito Real Strategy Tests US Court
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Credito Real body-checks Mexican and US insolvency laws. Will US court strike back?
Credito Real is attempting to bypass Mexican and US insolvency laws and deploy a corporate liquidation statute with almost no protections for creditors. Whether Credito Real’s strategy can be successful is about to be tested in a US bankruptcy court.
Credito Real is attempting to bypass Mexican and US insolvency laws and deploy a corporate liquidation statute with almost no protections for creditors. Whether Credito Real’s strategy can be successful is about to be tested in a US bankruptcy court.
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