Descalzo, Jorge Domingo Jesús s/ acuerdo preventivo extrajudicial s/ queja (National Commercial Court of Appeals, Chamber A, 14/02/2006)
The appealability of decisions entered in proceedings concerning an out-of-court restructuring agreement. The Commercial Court of Appeals examined the exceptional nature of appeals in insolvency proceedings and the need to balance procedural speed with effective judicial protection.
«Descalzo, Jorge Domingo Jesús s/ acuerdo preventivo extrajudicial s/ queja»
What was at issue
The appealability of decisions entered in proceedings concerning an out-of-court restructuring agreement.
What was decided
The Commercial Court of Appeals examined the exceptional nature of appeals in insolvency proceedings and the need to balance procedural speed with effective judicial protection.
- The Commercial Court of Appeals examined the exceptional nature of appeals in insolvency proceedings and the need to balance procedural speed with effective judicial protection.
- The holding should be read in light of the legal interest protected in the area of APE proceedings and appeals, not solely by reference to the documentary form of the act.
- Evidence of the specific facts and of their impact on corporate or creditor rights is decisive when applying the precedent’s doctrine to another case.
Citation: CNCom., Sala A, «Descalzo, Jorge Domingo Jesús s/ acuerdo preventivo extrajudicial s/ queja», 14/02/2006 — Jurisprudencia societaria y comercial
Practical application
It is practical authority for appellate strategy in APE proceedings.
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