Complexities of Bankruptcy Proceedings or Court-Supervised Reoganization of Major Economic Groups under the Focus of Substantive and Procedural Consolidation

Abstract

[extract] The purpose of this article is to analyze the complexity of Bankruptcy or Court-Supervised Reorganization Proceedings of major economic groups, as well as their consequences before the Court, the Trustee, the Companies being reorganized, the creditors and the collectivity.

It is also the object of this study to demonstrate several procedural difficulties encountered during the course of these judicial processes, with special focus on Consolidation and Substantive in the course of the process.