A Global Guide
Chapter 3: NATIONAL REPORT FOR ARGENTINA
This chapter investigates the treatment of executory contracts under Argentinian law. It discusses with reference to the specific contracts and the procedures (acuerdo preventivo extrajudicial, concurso preventivo and quiebra) mentioned in the law how and to what extent their treatment differs from the residual rule included in s. 159 of the Insolvency Act. This chapter highlights that to date, regulatory reforms have paid little consideration to international trends in the insolvency sector. Nevertheless, to improve the effectiveness and efficiency of the system, future reforms should draw inspirations from established best practices from neighbouring jurisdictions and from the United States.
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