Peru: : Financial assistance tensions.

• Localización: International financial law review, ISSN-e 0262-6969, Vol. 34, Nº. 10 (3/9/2015), 2015
• Idioma: inglés
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• Resumen

  • The article presents the author's views on the Article 106 of the Peruvian Ley General de Sociedades or the Law of Corporations, which says that loans or guarantees to third parties might not be provided by a corporation. He opines on two aspects to the prohibition established by article 106. He comments that the rise of private equity in the Peruvian market and the ensuing surge in M&A activity were not envisioned by the legislators who enacted the Law of Corporations.