IBA Toolkit on Insolvency and Arbitration
International Arbitration and Litigation Partner Alberto Zuleta co-authored the Colombia section of the International Bar Association's Toolkit on Insolvency and Arbitration. The report answers questions on how insolvency proceedings initiated in Colombia affect arbitration commitments involving the insolvent party. The authors describe how insolvency proceedings affect the ability to commence or continue arbitration, what parties should keep in mind when one party is insolvent and to what extent an arbitration award can be enforced in insolvency proceedings. The report covers foreign, national and local arbitration.