Financial Restructuring and Bankruptcy Law

Article 151 — Article (151) Action for Unenforceability of Debtor's Acts Detrimental to Creditors

Part Three: Declaration of Bankruptcy · Chapter Four: Contracts

The Trustee may request that the debtor's acts occurring before the issuance of the decision to initiate bankruptcy proceedings to the detriment of creditors be invalidated, in accordance with the provisions of the Civil Transactions Law regarding the claim of non-enforcement of the acts. The judgment invalidating the acts shall result in them not being enforceable vis-à-vis all creditors, whether their rights arose before or after the performance of the disposition.

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