Commercial restructuring in the Dominican Republic allows merchants who present possible situations of insolvency, to safeguard and continue their business, without the need to incur in liquidation.
Due to the lack of liquidity generated by the drop in sales of many businesses that still incur fixed expenses in the midst of the COVID-19 crisis, a state of insolvency has been evidenced among a large number of companies, especially MSMEs. The commercial restructuring is considered as a solution so that those viable businesses can reorganize and overcome this situation.
JP has extensive experience in advising national and foreign clients, in all stages of business development, advising clients in risk management and in seeking financing for the expansion of their operations.
JP has represented both creditors and debtors in the negotiation of debts and the structuring and development of commercial restructuring plans.
Av. Winston Churchill 1099, Citi Tower, Piso 14
Santo Domingo, DN. 10148 República Dominicana
809-955-2727
Blvd. 1ro de Noviembre esq. Amapola, Belanova Building,
Local 312, Puntacana Village, Punta Cana, República Dominicana
809-831-5125