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.
