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Dominican Republic
Insolvency
Dominican Republic
Guzman Ariza Attorneys At Law
Summary: Law 141-15 pertains to restructuring and liquidation of companies and commercial persons places the Dominican Republic among the countries with the most advanced and modern legislation in the matter.
Guzman Ariza Attorneys At Law
Prior outdated bankruptcy laws in effect before Law 141-15 did not allow for the restructuring of companies in distress and merely gave way for business asset liquidations.
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