Superintendencia de Sociedades reconoce el proceso extranjero de Canacol Energy LTD

Fue aceptado en Colombia el proceso de insolvencia de Canacol Energy. Foto: Archivo particular

Superintendencia de Sociedades reconoce el proceso extranjero de Canacol Energy LTD

TL;DR

  • Supersociedades recognized Canacol Energy's insolvency proceeding initiated under Canada's CCAA as a principal foreign process.
  • KPMG INC. is appointed as the Foreign Representative and Monitor.
  • The recognition suspends creditor execution processes and prohibits the disposal of debtor assets without authorization.
  • Automatic measures under Law 1116 include suspension of execution processes and bans on asset disposal.
  • Measures also extend precautionary measures, including suspension of execution and restrictions on bank accounts and contract termination.
  • Canacol Energy previously sought creditor protection in Alberta, Canada, and relief under Chapter 15 of the U.S. Bankruptcy Code.