Bankruptcy
Prevention, strategy, defense.

Financial crises do not always signal the end of a company. With timely legal advice and a well-designed strategy, it is possible to reorganize, protect assets, and find viable solutions for both debtors and creditors.

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At Varela Abogados, we have experience in insolvency proceedings under Law No. 20,720, representing debtor companies, creditors, and interested third parties at every stage of the process.

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Our insolvency law services

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Corporate reorganization: We advise companies in financial distress on the negotiation and execution of Judicial Reorganization Agreements (ARJ) and Out-of-Court Reorganization Agreements (ARE), with the aim of preserving business continuity and protecting the interests of all parties involved.

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Liquidation of companies and individuals: We represent debtor companies and creditors in liquidation proceedings, ensuring compliance with the legal process and the effective defense of our clients' rights.

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Simplified procedures for micro and small businesses: Following the enactment of Law No. 21,563 (2023), special Simplified Reorganization and Simplified Liquidation procedures are available for micro and small businesses. We advise clients in this segment on accessing and navigating these mechanisms, designed to provide faster and more accessible solutions.

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Creditor representation: We defend the rights of creditors in insolvency proceedings, including proof of claims, objections, and participation in creditors' meetings.

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Out-of-court negotiations: We assist in negotiations and out-of-court agreements aimed at resolving insolvency situations efficiently, avoiding where possible the costs and delays associated with formal legal proceedings.

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Insolvency disputes: We represent our clients in disputes and litigation arising from insolvency proceedings, including challenges to agreements, avoidance actions, and credit claims.