(Pontificia Universidad Católica del Perú, 2017) Lizárraga Vera-Portocarrero, Anthony
In our legal system, when an economic agent is in a stage of non-compliance, it has the possibility to choose the insolvency process to reverse the result of this situation. One of the effects of this process is the protection of the assets of the debtor through different mechanisms among which are the institution of ineffective acts. However, the institution mentioned in our country has unclear regulations. That is why its main role, the protection of insolvency, is dissatisfied.Since the entry into force of the General Law of the Insolvency System in October 2002, this institution has not undergone changes that are in line with the economic development of the country. In this sense, it is important to analyze the different insolvency laws in America and Europe in relation to the institution of ineffective acts. The crises that have faced their economies in recent years have led States to continue to modify their regulation on the institution of ineffective acts. It is worth highlighting and analyzing the positive aspects of this regulation to improve our legislation, with the respective restrictions given the particularities of the economy of each country.
