Bankruptcy Law

The court shall rule on the objection referred to in Article 210 of this Law by invalidating the debtor’s disposition and the effects thereof, unless such disposition is in the best interest of the debtor who was, at the time, not distressed or bankrupt. The court may, in addition to the invalidation, decide to: a) recover assets and revenues generated therefrom, if any, or pay the fair value of such assets if recovery is infeasible; b) recover securities provided by the debtor; c) compel any person who received funds from the debtor to return such funds to the bankruptcy trustee; or d) compel the guarantor who is wholly or partially discharged to reinstate his security, or to submit a new security of a value and priority not less than that of the previous security if it cannot be reinstated.