Abstract
In 2006, Colombia promulgated a new law to regulate insolvency of colombian enterprises, which is in force since june 2007. This law takes all the experiencies and all the mistakes lived before to create a new regime that is planned to exist for a long period of time. The author gives us, due to his participation in the commission created to draft the law, his opinion about the minimal conditions any insolvency law must have, the main modifications made by the new colombian
insolvency regime and the structural voids and inconsistencies of this law. This is an investigation product of the Interpretation and application of Private Law project, which is one of the projects of the Civil and Commercial Law Investigation Group of the Faculty of Law in Pontificia Universidad Javeriana.
This journal is registered under a Creative Commons Attribution 4.0 International Public License. Thus, this work may be reproduced, distributed, and publicly shared in digital format, as long as the names of the authors and Pontificia Universidad Javeriana are acknowledged. Others are allowed to quote, adapt, transform, auto-archive, republish, and create based on this material, for any purpose (even commercial ones), provided the authorship is duly acknowledged, a link to the original work is provided, and it is specified if changes have been made. Pontificia Universidad Javeriana does not hold the rights of published works and the authors are solely responsible for the contents of their works; they keep the moral, intellectual, privacy, and publicity rights.
Approving the intervention of the work (review, copy-editing, translation, layout) and the following outreach, are granted through an use license and not through an assignment of rights. This means the journal and Pontificia Universidad Javeriana cannot be held responsible for any ethical malpractice by the authors. As a consequence of the protection granted by the use license, the journal is not required to publish recantations or modify information already published, unless the errata stems from the editorial management process. Publishing contents in this journal does not generate royalties for contributors.