This panel will discuss the update on mortgage relief programs; litigation between homeowners and lenders; intersection with bankruptcy and motions for relief from stay.
Corporate Restructurings in Mexico under the Ley de Concurso Mercantil
The panel will focus on some of the significant corporate restructurings
and leading bankruptcy decisions in Mexico rendered under the Ley de Concurso Mercantil. Holdings and implications from decisions such as Durango, CCM and Vitro will be discussed.
Investors and a ratings agency representative will share their views on
the ramifications of recent decisions on the high-yield market and
distressed investments, among other topics.
The panel will explore many of the major differences between U.S. chapter 11 and the Concurso Mercantil and discuss such topics as bondholder recognition, classification of
claims, creditor voting and confirmation of a reorganization plan, financing issues and sale of assets.