Mexico's need for a 21st century insolvency system

Dario U. Oscos Coria
September 2011
Insolvency & Restructuring International;Sep2011, Vol. 5 Issue 2, p35
Academic Journal
The article focuses on the need for an insolvency system in Mexico. It describes the insolvency in Mexico as the evil economy wherein attempted legislation for insolvency systems have failed due to economic mistakes, abuse, and greed in the public and private sector. However, Mexico has been confronted to have a 21st century insolvency system and culture for financially distressed entrepreneurs and consumers to be protected over bankruptcy in reorganization, liquidation, and settlement.


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