This book, edited by Joaquín Muns, contains papers presented at a seminar in Viña del Mar, Chile, under the sponsorship of the Central Bank of Chile, the Federico Santa María University, and the IMF

Debt restructuring procedures aim to achieve a compromise between the needs of the debtor and its creditors. It is common for business to be conducted using group structures with related parties potentially exposing themselves to broad claims upon the debtor’s insolvency, usually in a false...