Merger and split-off of companies subject to liquidation procedures
The Superintendency of Companies recently changed a 10 year doctrine pursuant to which companies under liquidation procedures could not become subject to mergers or split-offs, since these transactions would fall outside the scope of the relevant company's corporate purpose which, while the company is being liquidated, is limited to carrying out activities tending to the company's liquidation.
To read more
Subscribe to Latin Lawyer
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Latin Lawyer experts.
Subscribe now