What to keep in mind
Specify the acts to be monitored, period, powers and factual urgency under the exceptional judicial-intervention regime of the General Companies Law.
Judicial intervention should not be used as a routine substitute for shareholders' ordinary oversight.
Distinctions often confused
A reporting monitor, co-manager and administrator-replacing receiver have different powers.
Frequently asked questions
Can a monitor examine related-party transactions?
Only within the justified scope of the judicial appointment.
Does appointment of a monitor automatically replace the board?
No. The court order determines the nature of the intervention.
Informational content. It is not a substitute for professional advice.