S.A. La Razón s/ concurso preventivo s/ incidente de cobro de crédito (National Commercial Court of Appeals, Chamber B, 25/02/1993)
Allocation of costs and the procedural treatment of ancillary proceedings arising from insolvency claims. The Commercial Court of Appeals emphasized the need to assess the objective reasonableness of procedural conduct within the collective context of insolvency.
«S.A. La Razón s/ concurso preventivo s/ incidente de cobro de crédito»
What was at issue
Allocation of costs and the procedural treatment of ancillary proceedings arising from insolvency claims.
What was decided
The Commercial Court of Appeals emphasized the need to assess the objective reasonableness of procedural conduct within the collective context of insolvency.
- The Commercial Court of Appeals emphasized the need to assess the objective reasonableness of procedural conduct within the collective context of insolvency.
- The holding should be read in light of the legal interest protected in the area of costs and insolvency proceedings, 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 B, «S.A. La Razón s/ concurso preventivo s/ incidente de cobro de crédito», 25/02/1993 — Jurisprudencia societaria y comercial
Practical application
It is useful for strategy in ancillary proceedings and for assessing exposure to legal costs.
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