IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Análisis y Recomendaciones para una Reforma de la Ley de Quiebras (Analysis and Recommendations for Reform of the Bankruptcy Law)

  • Claudio Bonilla
  • Ronald Fischer
  • Rolf Lüders
  • Rafael Mery
  • José Tagle

    ()

Este trabajo presenta una evaluación general del sistema de quiebras en Chile, así como propuestas para mejorar el funcionamiento de éste. El trabajo incluye una comparación del sistema chileno con los sistemas de quiebras de otros países. Por último, presenta antecedentes sobre la tasa de recuperación de créditos; las costas y la duración de los procesos de quiebra; y la tasa de recuperación de acreencias en función del orden de prelación de los acreedores. Se muestra que el proceso de quiebras sufre una serie de deficiencias: i) las impugnaciones entorpecen los procedimientos, ii) el mecanismo de elección de síndicos no es compatible con los objetivos de la ley, iii) la calificación de la quiebra no debería formar parte del proceso de quiebra, iv) los procedimientos de convenios para evitar quiebras pueden ser mejorados; y, iv) el procedimiento de quiebras se puede transformar mediante el traspaso ágil de la propiedad de los activos a los acreedores. Los magros resultados del sistema actual (pese a ser relativamente buenos en el entorno latinoamericano) se verifican con la observación que los procesos son lentos y caros; y que los acreedores valistas reciben sólo un 3% de lo que se les adeuda.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.dii.uchile.cl/~cea/sitedev/cea/www/download.php?file=documentos_trabajo/ASOCFILE120040719113315.pdf
Download Restriction: no

Paper provided by Centro de Economía Aplicada, Universidad de Chile in its series Documentos de Trabajo with number 191.

as
in new window

Length:
Date of creation: 2004
Date of revision:
Handle: RePEc:edj:ceauch:191
Contact details of provider: Web page: http://www.dii.uchile.cl/cea/

More information through EDIRC

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as in new window
  1. Oliver Hart, 2000. "Different Approaches to Bankruptcy," Harvard Institute of Economic Research Working Papers 1903, Harvard - Institute of Economic Research.
  2. Tiroley, Jean, 2000. "Corporate Governance," CEI Working Paper Series 2000-1, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
  3. Philippe Aghion & Oliver Hart & John Moore, 1992. "The Economics of Bankruptcy Reform," CEP Discussion Papers dp0093, Centre for Economic Performance, LSE.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:edj:ceauch:191. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.