We advised Tecnología de Materiales S.A. in the submission of the recognition of credits petition before Indecopi, the Bankruptcy and Restructuring authority, within the insolvency proceeding of Ingenieros Civiles y Contratistas Generales S.A. (ICCGSA). Our team reviewed the documentation regarding the debt before Tecnología de Materiales and formulated a strategy in relation with the obtention of the full pending credits in favour of Tecnología de Materiales.
The legal advice involved our active participation in the creditor meetings called, the approval of the restructuring plan and the company is monitoring that the acts agreed in the schedule of the plan are carried out to proceed with the payment of the creditors.
