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Day: January 3, 2023

What happens when a spin-off of commercial companies is used as a strategy to avoid paying creditors?

ENGLISH VERSION Introduction The spin-off of an entity (original corporation being spun-off from) involves the division of its corporate patrimony by contributing its liabilities, assets, and capital stock in two or more parts, to other emerging entities. When the original corporation is extinguished upon making such contribution, we talk about a total spin-off proceeding. On […]

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