In order to allow you to take knowledge of cases that may be of your interest, we provide herein a list of the most recently published notices in connection with the commencement of insolvency proceedings, calls to Creditors' Meetings and winding-up processes started out of the Bankruptcy System. The information provided herein corresponds to the one published in the electronic gazette (Boletín Concursal) of the bakruptcy authority  (INDECOPI), or in the official bulletin (boletín oficial) of the Peruvian official gazette (diario El Peruano), as it corresponds*.

(*) Estudio Echecopar, Member Firm of Baker & McKenzie International assums no responsibility for the information contained in this document. The information provided herein must be verified with its official sources: the INDECOPI's electronic gazette, for the case of the initiated insolvency proceedings and calls to Creditors' Meetings; or the Peruvian official gazette, for the case of notices in conection with dissolution and liquidation processes.    

1. Initiated Insolvency Proceedings*:

Debtor

Type of Proceeding

Publication Date

INDECOPI's Office

N/A

N/A

N/A

N/A

(*) Pursuant to the Peruvian Bankruptcy Law, the creditors of debtors subject to ordinary insolvency proceedings or to preventive insolvency proceedings have 30 business days, from the day following the publication of the commencement of the proceeding, to file their claim registration request. Pursuant to Legislative Decree No. 1511 and its Regulations, creditors of debtors subject to an Accelerated Refinancing Proceeding (PARC) have 10 business days from the day following the publication of the commencement of the proceeding, to file their claim registration request.

2. Calls to Creditors' Meetings*:

Debtor

Publication Date

Meeting Date  (in first call)

N/A

N/A

N/A

(*) In accordance with the Peruvian Bankruptcy Law, creditors with right to participate in sessions of a Creditors’ Meeting may register representatives ate least two business days in advance to the date of the meeting (in first call).

3. Winding-up processes out of the Bankruptcy System*:

Company

Type of notice

Publication Date

Liquidator

Konfigura Perú S.A.C. – en Liquidación

Post-Liquidation Balance Sheet

July 11, 2020

Fryda Nelly Argote Lozano

Panamerican Media S.A.C. en Liquidación

Post-Liquidation Balance Sheet

July 12, 2020

Máximo Herrera Moscol

Home & Garden Sociedad Anónima en LiquidaciónWinding-up Agreement (initiation of liquidation)July 12, 2020Alicia Ducelia Franco Gómez
Perú Travel Factory S.A.C. en LiquidaciónWinding-up Agreement (initiation of liquidation)July 12, 2020Noé Justo Fernández Asencio
Puno Solar Energy S.R.L. en LiquidaciónWinding-up Agreement (initiation of liquidation)July 13, 2020Rolando Salvatierra Combina
Teknica Perú S.A.C. en LiquidaciónPost-Liquidation Balance SheetJuly 13, 2020Manuel Enrique Jorge Pérez Suárez
Comercial BSB Perú S.A. en LiquidaciónPost-Liquidation Balance SheetJuly 13, 2020Julio Martín Salinas Gordillo
Quillabamba Energy S.R.L. en LiquidaciónWinding-up Agreement (initiation of liquidation)July 13, 2020Rolando Salvatierra Combina
Ayaviri Solar Energy en LiquidaciónWinding-up Agreement (initiation of liquidation)July 13, 2020Rolando Salvatierra Combina
Tropico Perú S.A.C.Winding-up Agreement (initiation of liquidation)July 13, 2020Julia Amparo Ordoñez Cervantes

(*) In accordance with the General Corporations Law, the dissolution agreements are published for three consecutive days. This document only includes the first publication made in the official gazette.
 

4. Other news

The PARC is once again a possibility for companies benefiting from REACTIVA PERU. On Saturday, July 11, it was published a new amendment to the Operating Regulations of the REACTIVA PERU Program, which eliminates the impediment to obtain a loan under this Program if previously the company has filed for an Accelerated Refinancing Proceeding (PARC), or to file for one after obtaining a loan. Likewise, it was reiterated that the Program's credit rights cannot be refinanced or restructured through any bankruptcy scheme. You can see here our Legal Insight on the subject.


If you require further information, please do not hesitate to contact us.