Some details of the suspension of the competition creditors in Uruguayan law
Abstract
The purpose of this paper is to offer constructive criticism of the current regime of the suspensión of bankruptcy proceedings in Uruguay, regulated by Law No. 18,387 (Uruguayan Insolvency Act, 2008). Taken almost literally from the Spanish Proposed Draft of Insolvency Act (SPDIA, 1996), which never saw the light as it claimed to be, this regulation has been largely superseded by the final wording of the current Spanish Insolvency Act 22/2003 of July 9th (SIA). However, for some reason that we ignore, our legislator has chosen to maintain its adherence to the SPDIA, rather than take advantage of the technical improvements introduced by the drafters of the SIA.
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References
Blanco Saralegui, J.M. (2012). Conclusión y reapertura del concurso, cap. 24. En: Prendes Carril, P. y Muñoz Paredes, A. Tratado judicial de la insolvencia. Pamplona: Aranzadi, ed. ProView®.
Holz Brandus, E.R. y Rippe Káiser, S. (2009). Reorganización empresarial y concursos Ley 18.387. Montevideo: FCU.
Normas citadas
Código de Comercio de la República Oriental del Uruguay, decreto-ley 841 del 24 de enero de 1866 (convalidado por Ley Nº 928 del 29 de abril de 1868). Vigente desde 1º de julio de 1866.
Ley Nº 24.522 argentina de Concursos y Quiebras. Boletín Oficial de la República Argentina Nº 28.203 (suplemento), 9 de agosto de 1995.
Ley Nº 22/2003 de 9 de julio Concursal española. Boletín Oficial de Estado (BOE) Nº 164, 10 de julio de 2003, págs. 26905 a 26965.
Ley Nº 18.387, de Declaración Judicial del Concurso y Reorganización Empresarial. Diario Oficial Nº 27.603, 3 de noviembre de 2008, carillas 4 a 24.
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