Insolvency as a cause for the dissolution of certain legal entities with a proposal of delimitation between bankruptcy liquidation and corporate liquidation
Published 2024-01-24
Keywords
- Liquidation,
- bankruptcy,
- dissolution,
- companies
How to Cite
Copyright (c) 2024 Revista de Derecho - Pontificia Universidad Católica de Valparaíso
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Abstract
This paper deals with the insolvency as a cause for dissolution of certain legal entities and seeks to delimit the field of application of corporate liquidation and bankruptcy liquidation for those companies that contemplate such a cause for dissolution. The aim is to show that the operation of insolvency as a cause for dissolution is not automatic and that there are various courses of action. The arrangement of cases also requires an examination of the situation of single-owner limited liability companies, closely held corporations and foundations, which differ in some respects from the common regime for partnerships.