Vol. 62 (2024)
Research articles

Unilateral Termination of Contracts in Reorganization Proceedings. Notes on the Scope of the Prohibition Contained in Article 57.1 Letter c) of the Chilean Insolvency Act

Gonzalo Francisco Severin Fuster
Pontificia Universidad Católica de Valparaíso

Published 2024-09-07

Keywords

  • Unilateral termination,
  • insolvency,
  • postponement of credits,
  • contractual clauses

How to Cite

Severin Fuster, G. F. (2024). Unilateral Termination of Contracts in Reorganization Proceedings. Notes on the Scope of the Prohibition Contained in Article 57.1 Letter c) of the Chilean Insolvency Act. Pro Jure Revista De Derecho - Pontificia Universidad Católica De Valparaíso, 62. https://doi.org/10.4151/S0718-68512024062-1409

Abstract

This work focuses on the rule contained in article 57.1, letter c) of the Chilean Bankruptcy Act (Law 20.720). It analyses the scope of the prohibition of unilateral termination of contracts signed by the debtor, in order to determine how this rule affects, or may affect, the effectiveness of other rules —both conventional (contractual clauses) and legal— that authorize the unilateral termination of the contract.