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7/21/2019 Insolvencia Punible
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“LA INSOLVENCIA PUNIBLE”. Autor : Jorge Vio Niemeyer.Universidd Centr!"##$
%%%%%%%%%%%%%%%%%%%%%%%%%IN&ICE
IN'(O&UCCION
CAPI'ULO I
1.- HISTORIA DEL DERECHO CONCURSAL
2.- ORIGEN DE LA CALIFICACION PENAL DE LA QUIEBRA
CAPI'ULO II
".% LA INSOLVENCIA 1.1.- CONCEPTO DE INSOLVENCIA
A.- CONCEPTO ECONOMICO
B.- CONCEPTO JURIDICO
C.- CONCEPTO CONTABLE
1.2.- INSOLVENCIA EN CHILE
1.3.- INSOLVENCIA EN EL DERECHO COMPARADO
1.4.- LA INSOLVENCIA Y LA QUIEBRA1.5.- LA INSOLVENCIA Y LA CESACION DE PAGOS
).% LA CESACION &E PA*OS2.1.- CONCEPTO DE CESACION DE PAGOS
+.% LA ,UIEB(A - EL P(OCESO C(IINAL 3.1.- INCIDENCIA EN EL PROCESO CONCURSAL PENAL DE LA
SENTENCIA QUE DECLARA LA QUIEBRA.
A. QUIEBRA CONDICION OBJETIVA DE PUNIBILIDAD
B. SUSPENSION DEL PROCEDIMIENTO PENAL
CONCURSAL
C. IMPOSIBILIDAD DE REVISION DE LA SENTENCIA
QUE DECLARA LA QUIEBRA EN SEDE PENAL
CAPI'ULO III
".% NA'U(ALE/A &E LA &ECLA(ACION &E ,UIEB(A 1.1.- ANALISIS
1.2.- CONDICION DE PROCESABILIDAD V/S PUNIBILIDAD
).% &ELI'O CONCU(SAL2.1.- NOCION DEL DELITO
2.2.- DELITO CONCURSAL PROPIAMENTE TAL
2.3.- TEORIAS
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2.4.- BIEN JURIDICO PROTEGIDO
2.5.- ROL DE LAS PRESUNCIONES
2..- SUJETO ACTIVO
2.!.- SUJETO PASIVO
2.".- TRIBUNAL COMPETENTE2.#.- LA QUIEBRA Y LA PRESCRIPCION
2.1$.-LA DESPENALI%ACION DEL DELITO DE QUIEBRA
2.11.-PENALIDAD EN LA QUIEBRA
A. RESPONSABILIDADES DEL DIRECTOR&GERENTE Y
ADMINISTRADOR
B. EFICACIA DE LA PENA EN EL DELITO CONCURSAL
2.12.-DELITO CONCURSAL EN LATIOAMERICA
CAPI'ULO IV
".% 0ISCALIA NACIONAL &E ,UIEB(AS).% ASPEC'OS P(OCESALES &EL JUICIO &E
CALI0ICACION &E ,UIEB(AS.
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LA INSOLVENCIA PUNIBLE
IN'(O&UCCION
E' ()* +(,)* 0)*&
( ' '( ,)) )' 6)78') ',69* (
*,8) 6,* )'8,* (:,* ;8 *' (
<=,) ( 6' ) (,) ,6)'(& )) () *6:'
( 6)=) > ( 86,).
E' ( *& *
,6, (,)* ;8 8*' 8' ?6' 0) ,6)'(
') *@() (* 6*)'* 7,*& *') ;8 ,=9'
( )'): +=(& 7,' ( 69,) > ( 7
+=( ;8 * ( =* 78'',( ( *?86
86: ' ( )6).
E*,* )'8,* ,)'
( ')'@' ?'96 (,)* )'@)*.
E' S8,6('& '
*8 (=6) C6')()?: , C)((6 C6'
')' ()* 6,:* *, (* (,)*
)) ('8',* 8(() =(')& > 6 (6*8 ,)()?: *66)(( ( ,** ( *)@'
76'(. P6 ( ,** ( *)@'
76'( ( (,) 8(() =(') ,' *8
?9'** ' ( *) 6)*) ?'6( ' ;8 ' ),6
)'8, 6'(. ( )'8, 6'( * 6'
' *)@' )' ;8(()* ;8 7'' ,( )'8,
7)6=(', > ' )',,) )' ;8(()* ;8 (
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7'' *7)6=(',.
E' ),6* (=6*&
;8'* *66)((' )'8,* 6'(
)'@& ),'' ),6)* > ()6' *8* '8*
,9'* )*@' (=6' (* )'*8)'*
(,)* )) 9,) ' ()* '?))* > ' ,')
;8'* ' *0) *,* *)7*,* ,9'*.
E( '76,)6& ' *,
,) ('8'& * 8' 6*)' 6*,=( )
'( *))-)'@) ()& () ;8 ( 6,
66& )' >)6 9,)& *87', '7(8' 6
6 ( ',6'@' ( :, ) ( 6,)
6*8@' *,,(.
B<*',& *)' ,6*
(* 6,6:*,* ;8 * 8' )=*66 ' *,
,) (,)*.
1 L*@' ( )'7' ' ( ,6<7) 6',(.
2 C))6,',) =8*) 76', ( ?')6' )
'?'8 ( :,.
3 L *)7*, ('7@' ( @'
(, ;8 ( 6, ( 8,)6 6 )
)',6)(6 *8 *8=6',). E' *, *,)&
= 6*6 ;8 ' (?8'* ,6* (
)( ()* ,,)* ;8 ( 6?8(' (
6,' ()* **)6* *()*& 66
(* )')'* )' (* ;8 ' (
(@' ( (>& )=,'') ='7)*
'8*,7)* (?:,)*.
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L 6',
',6'@' *,,( ' ( )'): > ( 8,(@'
( ,( '@')& 7(,' ( @' (, >
78(,' '),=(', *8 '*,?@'.
D* ( 8',)
*, 6')(@?)& ( ('8' )'@ *
7' )) (* '76)'* (** ( )6'
)'@)& ),* )6 6*)'* 6,'',*
*,6,)* )* > (,)* ' ( 6) *8
, 6)7*)'(. E*,)* (,)* ()* )',' )6
() ?'6(& 6*)'* ;8 ,'' 8' ?6' 66@'
6)7*)'(& ;8 *,<' ' 8' )*@' )'@
)6,', ) '8()* '7)6@' > *@'
6<,6 )'@) '( 6*& ;8 ('7'
8> =' ( (,) > *8* )'*8'*& ;8 )'78''
( DOLO )' ( 6*?)& '(8*) ()?6' ()66
9*,& ') 8' 66) '<(** *)=6 ( >)6 )
')6 6)==( *6 *)66')* )6 (
8,)6 +=(.
L ,6*''
*)( *, ('8' * '7*,& ' 66
,96')& )6 ( 8',: ( 68) )*)') > '
*?8') (8?6& )6 ( 6(8,',) ;8 7,+ (
8,)6 ',6 ()* =6)* ( *). E' 8*
)*)'*& )6 ( '7(8' )(:, ) )'@ ;8
6& ( ('8', 8(() =(') ()?6 ;8
,66)* ) *8=(,6')* *' ()* 8,)6* ,6(* (
) (,)& () ;8 78(,& *' 8 (?8' (
6*8@' ( 8,)6 ;8 6(', )') (
@'.
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P)6 ),6 6, (
'8(?' ?'6( 76', ( ('8'
)'@ * 8' )=*,<8() )6,', ( )',)
*66)((6 8' )(:, 66* 76', *, ,)
'76)'*. E( (?*()6& ()* 8* > (
)'@' +=( ,'' ')*66 (
,6*'' *,)* (,)*. L)* *,6),)*
)'',* *)=6 ( 6'( > ( ('8',&
6)' ( (8*@' 6, ) '6, (
('8' )'@.
L ('7@'
'?') ;8 6;86 *, ,) (,)*& *: )) (
68'*,' ;8 *8 8,)6 )*& ' 8*
)*)'*& )')',)* *()* ;8 (
6,' )8(,6 <=(', *8 @' 7688(',&
(', )=*,<8()* '*(=(* (* 8,)6*
8(* > )((* ;8 =' '*,?6 *,)*
(,)*& 8* <* ()* (,)* 686*)*
,6(* *8 ('& ') )*' ()* )')',)*
*()* ;8 * ,' ( 8,)6 ( '76@'.
L)* 8* ) ()* ?',* )((* ?'6(', ')
)6'' =( ()* 7'@')* )'@)*& > (
6)*) '( ,6)'( ') * , ()* 6)*)*
8>) )=,) 78'',( * 6<,6 )'@).
E' A(' *
)'*6) ;8 ( )',) ()* 0)* )*)')* )6
( ('8' )'@ * 8 *,6 ' 8')*
( ) ;8' ( (()'* 6)* )6 0).
E*, 76& 6, 766& ;8 ()* 0)*
)*)')* )6 ( 6'( )'@ *86' (
,),( ()* )*)')* )6 ( 6*,) (
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('8'.
E' C(&
)'6,',& ( 96 ;8 )*)'@ ( 768
')') C:,8() I > ;8 8('@ )' ( ;8=6
)* 6** 7,', 6* ( 7,)&
66*',@ ( ;8(', 15 * ( 6)8,)
)=,') ' ()* *(,)* =')* ;8 * 6)86)' '
C( *@() ' ( 0) 1##$. E' )'*8'& (
68) )'@) )*)') )6 ( 6'(
)'@ *86 '),=(', (* 96*
6)'',* ,))* ()* 6)=)* > 86,)* ),)* )6
( ;80 > ' ('8'& *' =6?)& (
6*8@' ( **, '( > ( ,'@' (
6'* * )'',6& ?'6(', *)=6 (
('8' )'')'(& ?')6<')* > '<')*
()* 7,)* '))* )*)')* )6 ( 6'(
)'@ > ' ()* *)* )'(* ' ;8 *
)' 8' *'@'& 9*, * ( > )) *?'7,.
A)6& 6*,)
()* 68)* ',6(* ;8 *, (*
6'( 8*' *)' '(8(=(*& ( 96
)'7' ' ( ,6<7) 6',(& 7)6)'* ' (
;8(=6) ()* 6)* > ( ?6 *,)6*@' )
('@' ( ),'& ',6 ),6)*. E*,)*
7,)* ') * 8' ,6'6 ',)& *') ;8
* 6)8' )6,) ) ') ().
E( (,) )'@)
6)) 8' 6@' ' '& > ;8 8(,( (
'+6) :,*. L)* 68)* * ,6'*,'
8' *8,) ),6)& )*)'') 78(,* ?)&
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6** > ;8=6* 6**& *) *)
,6=)6*& ( ' ( ,) ',69*& ,9,6&
?6<')* 6,8(6', *, ' :,* >
68)*& ' ()* 6:))* 6*@' )'@.
L)* (,)*
;8=6 7688(', ) 8(=(& ' ' * 6,'
(* 6,6:*,* ',* *0(*. S' =6?)&
'') ( *) ) ;8=6 ' )'6,)& *,*
6,6:*,* * 6*',' )' >)6 ) ')6
','*.
CAPI'ULO I
".% 1IS'O(IA &EL &E(EC1O CONCU(SAL
E( )6?' (*
'*,,8)'* 86:* )6')6* ( D6)
C)'86*( * 6)', ( D6) 6)'). R) )')@
( '*,,8@' ( MANUS INIECTIO& 6)',)
8@' 6*)'( ;8 6,: )66* (
6*)' ( 8)6 '*)(',& '(8*) ,6() )
6() *().
P)*,6)6', *
8' ( '*,,8@' ',6)8') 8' 6)',)
)6?' ,6)'(& ( PIGNORIS CAPIO& ;8 )':
( 6)6 ( 6) 6'6 ()* ='* (
8)6& 6 6,'6()* ) *,686()*& )) )
))'6( ) )'*,606( ( ?) *8*
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)=(?)'*& 6) *' 8,)66() 6 '6 )*
='* 6 *,*76 *8* 6'*.
C)' ( MISSIO IN BONA
* ' 8' 6)',) ;8 6,: ,6'*,6 (
,6)') ( 8)6 ( )8' 6)6*&
()* ;8 ):' ''6() ' =();8 ),6 6*)'
KBONORUM EMPTOR& ;8' * *8=6)?= ' ()* 6)* >
)=(?)'* ( 8)6 > )) *8 *8*)6 ,,8()
8'6*(& ?= 6))6)'(', (* 8* 8')
') 8=6 ='* *87',* 6 *,*76()*
:',?6',.
P)6 +(,) ( BONORUM
DISTRACTIO 6,@ ()* 6)6* 6))6 ( ',
*6 ()* ='* ( 8)6 )6 ) 8'
CURATOR BONORUM& ;8 *,6=8: ',6 (()* ( 6)
6=).
P6) ,))* ()*
6)',)* 6)')* 6' '',', 6)*&
6?)* )6 ()* 6))* 6)6*. E* '*6) 6
( E M 6 ')',66 ( )'@'
8=(*, ( 8@' )(,.
).% O(I*EN &E LA CALI0ICACION PENAL &E LA
,UIEB(A
P6 )6'6 (
,8( 7)68(@' ( 6) )'86*( '(& *
6*) 6)',6* ( B E M )' > *
=: 78') ( ,6@' 6)' )' ( ?6' >
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6: ( 8( ': ( 6) )6( )6'). E(
6) 6)') 6 6*8=6,) )6 ()* ?()*)6*&
6) > 6 6, ( ,6@' ()=6 (
)'@' ?6<' ;8 *,= (* )=(?)'*&
<* ;8 8' :'8() 6*)'(& )) 8' :'8() ,)
,6)'(& () ;8 6,@ ( '',)
8)'* 86', ,6)'(*& ;8 ') 6;86:'
( )(8', ' 6*' ( 8)6& 6 ;8 ()*
6)6* 6' *'?8(6 ) )(,',&
7,)* *8* 69,)* > * )=66' ' ()* ='*
( 8)6.
EL '',) (
*,) )6') 6@ *,68,86* 6) '(
*,',* (* 6'',* ' R). E*, *66)(()
)'7(8>@ )' ( '',) ( )6) ( *,()
6'',*,& ' ( 8( * (=' +(,(*
'*,68',)* 69,)& *)'))* ' ( 9)
6)'.
E( *66)(()
),6'6) ;8 67(') ( (,) ;8=6
6, )' ( '8'@' ;8 ,)) ;8=6) *
('8',. C9(=6 * ( 76* ( ,6,*,
B() ;8 : ' ( 6* 7)6,8' ()* *
7(()& (8?) * 768)6.
S *= ;8 ()*
86*,* ,(')* 786)' (=)6') *8* ),6'*
6,6 ( )',) 6)') H86,)& 6 )6 *, :
66 ( 7?86 8,@') ;8 7'* ( *?() V >
,' 8' ')=6 > 67( 6)).
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E' ( )
(?*(,) * )') )) 66 ,,) ;8 , (
;8=6 7)6,8, ( 6,) G() M6: S7)6
14!3.
E' ( *,,8,)
G9') 15"#& )6 66 = 6,6* (
6<,6 (,8)*) ( ;8=6& '6,9')* (
*) ( 68=. E* 6 ', *, 6?(',)&
'*6) ' (* * B''8,) S,6& )6
66 ( ;8=6 6 * *6 (,).
L ?'6( ()*
8,)6* 6)') B''8,) S,6 )) )'6)
( ),6' )'86*( '(& *,') 6'(',
( ',6)8@' ( ,6( (*7@' ( (,)
)'86*( K7688(',)& 8()*)& 7)6,8,).
Y ( O6''
1!3 L8* IV& ' *8* 6,. 1$ ( 13 ,6,= ()*
(,)* )'86*(*& *)=6 ( =* 6*8')'*.
E( C@?) C)6) F6'9* 1"$!& *?8 (
* ,'' 6) )6 66 6*,6'?
7',', ( ;8=6 ()* )6',*.
A**) *, C@?) )',( ( ,6( (*7@'
()* (,)* )'86*(*.
E( C@?) C)6)
76'9* *876 8' )6,', )7@' )6 ( L>
( 13 M>) 1"3"& ' ;8 * (,6&
*8*,'(',& ( 6?8(@' '( ' ,96')*
;8 * (' ,) ( *8:*, 6 '8'6 ()*
(,)* ) 6*8')'* ='66), 7688(',&
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7'') ( 7?86 ', 7@68(*
)')6'**. I?8(', *, L> (' (
')'@' @(* ()* ,66)* ;8 8'
),6 (,)*& <')()* )) (,)* ),)* )6
6*)'* *,',* ;8 ( 7(().
N8*,6 (?*(@'
),@ ( **, *0)( '*6) ,=9' ' (
**, 76'9* 1"$!. E' 7,)& '8*,6) C@?)
C)6) 1"5& ,=9' * : ( ,6(
(*7@' ;8=6 7)6,8,& 8(=( )
7688(',& > ( *,'@' ',6 (7@'
78(,, > )=(?,)6 ( 6) 76'9* *
,68: ' @,** )'*,,8,* 6*8')'*
6) 8') 8 ),6) ,) ;8=6 8'=(. E( 8
)6) 6(7= (* ;8=6* > *@() * (
*,= 8(=( ) 7688(',& ()* ',',*
*=' ( * 6'( 6 (6 (* '*
*?+' () *,=() 6 * 7,)& ' ( C@?)
P'(.
C)' ( ,@'
( L> 455"& ( (7@' 6'( *@ *,6
',6', )'7 ( 8 ( 6'& ;8'
'= ( 6)*) '( ,' 6)',) * (6= (
;8=6. L* @,** ;8=6 8(=( >
7688(',& * )) 6*8')'* 6) )
*(', (?(*& * ',''& 6) )6
',6?* ' 7)6 (8* ( 8 ( 6'&
(,')& *) *:& ( 6*8'@' 6) )6
',) )'*,,8)'(.
C)' ( L> 1".1!5 *
6)?@ ( L> ',6)6 > 7@ *8 '8) ,,). D
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)7@' *'(', ' ( *,) '(
)'86*(& * ',6@ ' 6(6 (* 6*8')'*
6) )6 *(', (?(*.
CAPI'ULO II
".% LA INSOLVENCIA
E( 6*88*,) =<*)
( ;8=6 > )6 ' ()* (,)* ;8 ')*
',6*'& 78 * *8* )6:?'* > ' ?6' ()
*?8 *')& ( *,) '*)(' 8' 8)6.
S' =6?)& ( 78(, 6 8' )',)
86:) 9*,& > ( '*87' ()* 6,6)*
)'@)* 6 ,6'6( 6)6& (* 6**
(?*()'* ' =) 68666 * *6
)* ;8 *)' (6', 6()6* 8' *,)
?6 '*87' ,6)'( ) 8' *;8(=6)
'),)6) ( ,6)') 8' 6*)'. T(* )*
*)' ()* ;8 * )')' )) 8*(* ;8=6& > '
8* (?*()'*& )) ' ( '8*,6& *?+' ()
(6)* ( '(6 ( )',) *@'
?)*& =*, ( 6 )'7?86@' 8' 8*(
6*,) 8' 8)6& * 9*, *)(', ) ')& 6
;8 6) ( ,@' > ',8( (6,)6
;8=6& () 8( ,6'*7)6) ( 8) ;8=6
' 8' 8) )=6) *)*& )' ()* )'*=)*
6)=(* ;8 () ',6)6 ,6 )'*?).
A( 6*,) =
')'6& ;8 (* )0:* *?86)6* ' '8*,6
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(?*(@' )'*,,8:'& ' *, ,6& > ' 6,
() *?8' *')& 8' @'& 8* ( L> ?:&
*, )> () ?& ;8 ' ( ',) ;8 ( *)(,8
(6,)6 ;8=6 * 7)68( )6 8'
6)6& ;8 8' )6?'*) ,9') 6<,6
*,,(& ( S86',''& 6,7;8 ) )68=
( *,) '*)(' ( )0:. L ),6'
')'( ' 7)6 * 8'<' *)*,8)& *, (
8=(@' ( (> N 1".$4& ;8 ( '*)('
6 8' 6*88*,) *'( ( ;8=6 *,*
)0:* >& )6 () ,',)& *8 8* ,6'',.
E' *, 8',) *
6*) ,=9' ( ')6 78(, 6*6
8<') 8' ,6)') * '*)(', > 8<') ') () *.
"." CONCEP'O &E INSOLVENCIA
N) ,'6
,6*'' ( '<(** ( )',) '*)('&
*,) =) 78'',(', *8* 668*)'* ' (
<=,) 86:)& )'@) > )',=(. D* *,
8',) *, ))* 6 ;8 ( )',)
'*)(' 6: ' 8' (* 76',*
*76*.
A.% Con2e3to e2on4mi2o de inso!ven2i.
E' ( )6' )'@) ( '*)('
:',', 8' ( 69,). L '' (
69,) ' ( ',)6') ( )6', * ''?=( *8
6*& ')6(', ' )*, ( 69,)&
)*, ( 69,) > 86 )6 8* ( 69,)&
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6)?') (=6* ( ,6,*, *0)( G6:
M6,:' ( 69,) *& 8*& * *6 ( 8*
6'( ( *,) '*)('. *, 76@'
G6: M6,:'& ,' *( 6,) ' ()*
*)* ;8=6 6** 8> 8* )'@ *
( *)=6'8',) ) =8*) ( 69,) ..?. L
;8=6 I*68 S.A.
L '*)(' '
,96')* )'@)* * ,68 ' 8' 7(,
,6)'( 6 6 76', (* 8* )',6:*&
6) * '()* ( )',) * 7(, ='*
8 *6 ,)6(& **) ()* 6)6* )6<'
6( ;8,* ) '(8*) ( )6', )6< ,'6
*) ( 69,). E' )'*8'& =)* )'(86
;8 ' ( ',)6') )'@) *@() * 8 =(6
'*)('& 8') ( *,) 7,6) (
)6', * 66)=(. S?+' G66?8 6
)6)=6 ( 97, * '*6 ( '*,?@'
( )',=(& )* ',)(6=( ',* (
(6@' ;8=6. A?6? G66?8 ;8 *
8 *6 *)(', *6 *,6 ' 97, * *
?) 69,)& >& ( )',66)& * 8 *6
'*)(', +' *' 97, 8') ( ,) ') *
7<(', (;8=( 6 *,*76 (* 8*.
E' *8& () ;8
',6*6: *?+' *, 6,6)& * ;8 ()* 6)6*
8' )=66 8',8(', *8* 69,)*. Y& 9*,
7)6 (* * '76', )=,'6 ( )=6) )' ()*
)* 6))* ( 8)6 ) ?6* ( 69,) ;8
9*, ?)& *: ,=9' *6: '76', ;8 ( 8)6
,8* *87',* ='* 6 ?6 *8* 8*& *
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) ') (* ?.
E( ?6' 6)=( )'
*, 6,6)& ' 8',) ,' ( ()6 )'@)
6( ( ,) > *) ,6)'(& 6 ' (
78(, )6)=6 7,', ' 8' )',)
) * 8' 8)6 * *)(', ) '*)(',& 8* ,(
) *@() * )*=( 676 ', 8'
(;8@' )6' ,))* ()* ='* > =6*
;8 )'7)6' ( ,6)') ) 8)6&
6)',) *8>) '?)66)*) > (6?).
Y ( '* (
E8,) ( C)'?6*) )' ( 8( ;8( '@ 9*,
( 6)>,) C@?) C)6)& > ;8 , 1"5&
6*= ;8 ( 6)>,) 6 * *,) )
',6 ( *)(' > ( '*)(' ;8 (?8')* '
,6,) ',6)86 ' ( L> ;8=6* =) (
')=6 *8*'*@' ?)*. P6 6*)(6 (
6)=( ( *)(' ) '*)(' 8'
)6',& *6: '*'*=( (6 ,))* ()*
)=,)* ;8 ))'?' *8 ,)& > )6,6 *, ')*
'*,?@'& ;8 6)86: ( 7' ()* *)*
6*8(,)* ( ;8=6& ( P6)>,) (6 ;8 (
*8*'*@' ?)* ') )'*,,8> ( *,)
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8)6 6866@ ( 6=,6) ()* ?)* )'
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*66 ( *8*'*@' ()* ?)*& ,') ()
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 32/128
*0() ' ( 6, 22$ N " ( L> 1".1!5.
P)6 +(,)& @) *
,6'6< 7',', ( *,' ( 97,
,6)'(& * )',=(& )'@) ) ),6) )6'&
* ( L> )6( 6)( ( *6,) (
)',=( 6',(& ( *?() ( )',) (
8', )66', > (* <* )6)'*
='6*.
A)6 ='& *
)'@', 6*8(, ,6', )()
(86 ( 97, ,6)'(& ?8(', 68) >
)'78*) 6*8(, '6() 86:',.
L )( (
, (' ( 6) ,6')()?:& ') *)
')*)* ;8:))* ' ( *?'7) (,6( (*
(=6*& 8';8& () <* )66', * (86 (
')' ;8=6 )'@ ) ) ) (
'*)('& 6 (6 ( *',) ( 97,
,6)'(.
E( '8(',)
(* )=(?)'* *& ' =8'* 8',*& ' () ;8
)'**, ( *@' ?)*.
E( '8(',) *
8> *,',) ( '*)('& ( 66) * 8' )
86:) > * 6)) (* 6*)'*. L '*)('
* 8' *,) )'@) > * 6)) ( ,6)').
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 33/128
S ')* )* () ;8
)866 ' ( 6<,& ')6(', ( '*)(' *
8* ( '8(',) > ( '8(',) *6<
',)'* ( 6(@' ( '*)('& 6) ')
*6 ' *6 )'',*.
E' 7,)& 8
=6 '8(',) *' '*)('& ) )6 (
7(, )(8', ?6 8' )=(?@'&
'*)(' *' '8(',) * ( *) ( 8)6
( ;8 * ( ' ()* 6 6*,=(6 *8 ,6)')
> *, 7)6 8 6 86*) )6'6) *8*
9=,)*.
P)6 +(,) ))*
)'(86 ;8 * '8=( ;8 ( ')@' *@'
?)* ') 8 )'78'6* )' ( '*)('. E(
'*)(', * ( 8)6 ;8 ') ? )6;8 *8 *)
*86 *8 ,)& ',6* ;8 ( )6', '
*,) C*@' P?)* 8 *6 *)(', (
(;8@' *8* ='* 8 =*,6& *& 6
6=)(*6 *8* 6)6*. N) * 8*& (
'*)(' ( ;8 6 ( *,) C*@'
P?)*& *') ;8 ( 96 ( 69,)& > ( 69,)
') * 6 )6;8 * = 8)& *') )6;8 ') *
? ()* 6)6* ;8 6(' () ;8 (* *
=)& +' 8') * ,6, 8' *)() 6)6 ;8
6( 8' *)( 8. N) =*, 8*& )' *,=(6
;8 ( 8)6 ,' 8' *) ;8
)'*6=(', *8 ,). E' 7,)& (*
)*=(* ( )6) *)' ,(* ;8 8' *,8@'
,' 6:, ') * ,): **6 ',6* (
8)6 )'*6 *8 69,)& () ;8 ( 8' *86,
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 34/128
6*)'*=( 6 ( 8)6& *,) *& ')
8,(6 )* (:,)* ) 68')*)* 6 *)*,'6().
).% CESACION &E PA*OS
H)> ' : ( ')@'
*@' ?)* ' *6 ( '6,8=6
;8 *, 6 *,=(6 ( '*)(' > )'*,,8>
*:& 8' 7)6 6*8', '*)('& ) *& '
*6 8' ) 6()6 ( '*)('.
L *@' ?)*
6, 8' *88*,) ',=(& 8( * (
'8(',) ( 8)6 8' ) <* *8*
)=(?)'* ) ='& *(',& )* ?8(',
66=,=(*& ()* 8(* ') 8 )'=6*
*6' (?8' <') ?)& )) *)' ( 78?
( 8)6& ( * (),@' ) ( (8*86 (
'?)) ' ;8 6 *8* ,*.
A)6 ='& >
*=)* ;8 ( '*)(' * ' ,69* (
*@' ?)*& 6)& @) * ,6' ( *@'
?)*. E( (?*()6 ( )'*?6 ' '8*,6)
6) )'86*( )) 8' 7@68( :6&
*8:*,& 8>) **, * =' * 6,=(& ')*
6 ( <* )'*=( ' '8*,6) ).
E' 7,)& ( L>
1".1!5 ' *8 6,:8() 43 *,=( 8(* *)' (*
8*(* ;8 8' ')6 ()* 6)6*& 8') *
8(' ()* 6;8*,)* ;8 ' *8* 8,6) '86)'*
)',( ( ')6& ' 8>) '<(**
)'*66* () *?8',
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 35/128
CAUSAL &EL ND " &EL A(' 8+
Q8 ( 8)6 6 8' , )6(&
'8*,6(& '6 ) ?6:)(.
= Q8 * ' ( ?)
D 8' )=(?@' 6',(
C)' ( *)(,',& >
C8>) ,:,8() * 8,).
A'(6)* *)6', *,)* 6;8*,)*
&eudor 2!ii2do 3or ! 2tividd. D=)*
6)66 *, 6*,)& ;8 ( ,8( ')6&
' 8',) * 676 ( 8)6 ;8 6 8'
, )6(& '8*,6(& '6 )
?6:)(& * 6& (@ ( (' (
')6 ;8 * 676: *@() ( 8)6 )6',&
2 '6* ". '(8> ( ;8 6 8'
, )6( > ') ( )6', ).
8',) ( ;8 6 8' , *, (*&
?6? <* ( ;8 6( 8' ,
'6 ) ?6:)(. L , '8*,6( ;8
)6' ' () 6',( )'7)6 )'
() *8*,) )6 ( 6,:8() 3 N 5 ( C@?)
C)6).
E( 78'',) *,
'')@' )= ( ?6 ;8 *?'7
'8666 ' *@' ?)* 8') * *66)(( 8'
, )'*6 )6,' )'@& )6 (
6,86=@' ;8 6)8 ' ( 68(@' (
6;8. P)6 ),6) () (* 6()'* 86:* 8')
,' ;8 6 )' ( 6)8@' '6 ) ?6:)(& (
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 36/128
*@' ?)* 6)8 8' 66) 7,) '
' ;8 * ( 8* +(,(* ,6*,)6')* ' (
6 ( )'@.
P)6 +(,) =)*
6 ;8 6 ,6'6 ( , ( 8)6&
*,6* ( ;8 6: ( 7 ' ;8 *
)',6) ( )=(?@' 8>) '8(',) 6)) (
;8=6.K6,. 52 L> 1".1!5.
5 Ces2i4n en e! 3go. E' '8*,6) **, (
6?( *,< 68'*6, ( *( '8(',)
8' )=(?@' 6 8' *8 '6).
P6 ,6'6 ( *@' ' ( ?)& ( J8
= 6*'6 ,'6 ( )',) ( 8&
) * ( 8)6 ,' ),6* )=(?)'*
'*,*7*& ) * ( 8)6 ,' ) ')
='* ' ( ,6)') )' ()* 8(*
6*)'6. L L> *) *) 6* (
6 *6 ' ( ?) 8' )=(?@'...
E( 78'',) *,
6?( * ;8 ( '8(',) (* )=(?)'* '
( D6) C)6( 6*, <* ?6 ;8 '
,6 (& *,)& )6 ( ',6@' ;8 *
6)8 )' ()* ,)* )6). P)6 *)& *8*'6
8' ?) *& ' ( D6) C)6(& *6 ' (& ()
;8 7, ( ()* '?))* > * )6 *, *
6@' ;8 ( D6) C)6( 6) '*,,8)'*
)) ( 6),*,) ( 8 (* )'*
=6* ( 9 <* (,8 ( *)(6 ')
6)') ()* ,96')* ?6 > > )'*?6) (
;8=6
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 37/128
2 &e un o5!ig2i4n mer2nti!. S)' ,(*& (* ;8
*,,8> ( 6,:8() 3 ( C@?) C)6)&
() ',6)6 ') *8*, >)6* 78(,*.
P6) = 6 6*', ;8 (* )=(?)'*
6',(* 8' *6 ,*& ) *& 6 8'
)',6,', )6( > 6 ),6) (& ' *,
*) =*,6< ;8 * 6',( 6 ( ;8
8(6 ( )=(?@'& *,) * 6 (
8)6.
A)6 ='& 6*,)
( ,)6: () *)6) = '),6 () *?8',
H> ,)* (* ;8
)6 *6 8(6* 8' , 6',(& *'
*6 )6(*& )) ( )6 ' ;8 6(
8' )6', 6 ?86'6 *8 *,=(',)
)6).
H> ,)* ;8& *'
=6?)& *6 *6<' 6',(*& )) *)' ()* ,)*
7)6(*.
C= *0(6 ;8 (
)'@' () *)6) ') *) =',
)'*6 ' ( L> ;8=6*& ,) & ;8 (
(?*()6 *8*) ( ?' 8' )=(?@'
6',( *8, 8' , ( )) * (
?6:)( ) ( '6& )6 () ;8 ' 6')& (
6',( ( )=(?@' ' (* ,*
?6:)(* ) '6* ;86< *8, ()* ,)*
)6) 7)6(*& )6 ( 6<,6 =*,6,) ( ;8
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 38/128
*,<' 6*,)*. A *, 6*,) * ( *) *0(6
;8 ( I(,. C)6, A()'* S',?)& '
7(() 3 A=6( 1##$& 6)@*,) (
;8=6 8' (*,& )'(8>@ ;8 ') 6
6)', (66 ' ;8=6 ( (*,& * (
'8(',) ') 6)': ( 6) , '
( 8( )',6) ( )=(?@' ;8 ),@ (
(6@' *8 ;8=6.
d Con e! so!i2itnte. E* 6& = ,6,6*
8' *@' ' ( ?) ' ;8 '866 ( 8)6
)' ( 6)6 ;8 6 ( @' )'86*( >
') )' ),6) 6)6& () ;8 )6, 8'
@' ( 6)) '=',) ( 6,:8()
43 ( L> ;8=6*.
e '7tu!o e6e2utivo. E' ( 6,) ',6)6 (
L>& (() ') 6 '*6) > ( 6)=( ;8
*8*,= *, 8*( 6 6<,6
6)=,)6). A( *,,86* ;8 ( ,:,8() =:
*6 8,)& * 6)=( ;8@ *86).
CAUSAL ND ) &EL A('.8+
A( 6*,) =
*0(6 ;8 *, 8*( * ( ,) (*
8)6*& 8*,) ;8 ( L> ;8=6* ') *,'?8.
P6 )'7?866 *,
8*(& ( (?*()6 6' ( )'866'
6*)* 6;8*,)*& 8> 6)' * )8(,&
*=6
T6* ) <* ,:,8()* 8,)* > ')*.
E* 6& ( (* ;8 )'*?' (
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 39/128
6,:8() 434 ( C@?) P6)',)
C(& '*,68',)* ;8 )6 *: *)()* '
7 ( *,' 8' )=(?@' >
6,'& )6 * :*)* 6*?86 (
8(',) 7)6) 8' )=(?@'&
*' *8*@' 6.
= Q8 *,9' ')*
E* 6& ;8 * >' ) ?=(*.
P6)'',* 8') *,)* ,:,8()*
)=(?)'* 6**.
E*, ?'
(', 8' )=*6@'& 8( * ( 6) (*
6,6:*,* ()* ,:,8()* =6)*& ()*
8(* * (* 6)') ( 6<,6 *6 (,6(*
8,@'))* > =*,6,)*& () 8( 6 ( 6@'
6(@' )' ()* 6,:8()* !&12 > 2" ( L> 1".$#2.
L 8,)'): > (
=*,6@' ,' )6 )=,) 6,6 ( 68(@'
( (,6 =) 6 ;8 (( 8 *06
( 78'@' ( )' ' ( ( )6).
I'* () ')*& )* 8)'*.
H ','6* ' 8(',
8' 8@'& * ;8 * 7,8)
( 6*,) 6;86',) ?)&
8>) 6*,)& ' ' 8,
=6< ;8 6 ;8 * * (
)66*)'', '',) 8@' >
=6?)& )6 () ;8 * ') * 7,+ (
6;86',) 8(& ') )6:
','6* ,6= ( (,*& ' '
( 8@'.
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 40/128
Q8 ') 8=6 6*',) ='*
*87',* ' (* *'* 8)'* 6
6*)'6 ( 6*,@' 8 > (*
)*,* ',6) ()* 4 :* *?8',*
()* 6*,)* 6;86',)*.
A( 6*,) =)*
6 ;8 6*',6 ='* ') * () *) ;8 ?6.
S '6 ( (6@' ( ;8=6& 8') *
>' *0() ='* 6 6*)'6 ( ?)& *,9' )
') =6?)*& *6 ;8 *,)* ='* 6'
)) =*,',* 6 *,*76 ( 9=,) ' 8'
(* 8)'* '*& )6;8 )'7)6
)' ( 6,:8() 15#1 ( C@?) C( ( ?) = *6
,),(.
S' =6?)& ') *
'*6) ;8 * ( 8)6 ( ;8 6*', ()* ='*
6 ,6 ( ;8=6& ,) ;8& ( 6,:8() 44!
( C@?) P6)',) C( ( ( 66
)@' ( 6)6 6 ( *0(',) ()*
='* 6 ( =6?) > *)=6 ()* 8(* 66< (
8@' > : ;8 ( 6,:8() 44" ( 9 (
*?8' )@' ( 8)6 > 7(, *?'@' (
8') > ( ),6) * ( L> ( ;8 7 ( )6'& *?+'
( 6, 45$ ( C@?) P6)',) C(.
CAUSAL ND + &EL A('. 8+
E( =')') *8*
'?))* ' ;8 '866 ( 8)6& 6 ;8 '
)',) ( (?*()6 ',60 8' 8*( ;8=6&
= *6 '7*,) > (() 6*', )866 )' (
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 41/128
78? > ( )8(,',).
P6) () ',6)6 ')
* *87',& <* * 6*) ;8 * 6( (
<') '8(6 (* )=(?)'*& () ',6)6 *
,68 ' ;8 ( 8)6 ') > ) 8' 6*)'
;8 '*,6 *8* ='*& )' 78(,* 6 8(6
*8* )=(?)'* > )',*,6 '*.
L 78? > (
)8(,',) ( 8)6& *)' '8=(', 8'
'7*,@' ( *,) *@' ?)*. T(
,,8 ') * )'= ' 8' 6*)' 8>)* '?))*
6' ')6(',& <* )'8, *
)',66 (* =8'* )*,8=6* > ,', )',6 (
69,)& ) ;8 ( 8)6 ( ',6686 *8*
)6)'*& 6< )',6 )' ()* 686*)*
'*6)* 6 6*)'6 *8* ?)*.
S' 68) ()
',6)6 ( 78? 8 )8(,',) 8 ,66
)'*8'* ( 8)6& *=6
R*,) ( 8' ( 8)6K6,. 45 '
7'( )'7)6 )' ( 6,. 53 * * 6)8 (
;8=6 )6 *, 8*(& ( *',' *?'6< 8'
86)6 *( ;8 66*', ( 7(()& ' ()
6(,) 8?'6 69,)* 67)* K6,.13!&
8?'6 ( 7 *@' ?)* K6,.1 '.2&
)=,6 ( 8', ( S:') K6,. 3$& )=,6 (
'',6) K6,. #"& 6(@' *86 ='*
K6,.1$#& 6(@' ' ),6 7)6 ( ,)
K6,.123& 6*',6 )'') 8( K6,. 1!4 )6
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 42/128
+(,) ( 8*( ' )',) 6*, ( >)6
)6,' )6 8',) ( 6,. 234 '.2 *,=( ;8
> (8?6 ( 8) (7@'& ,'? ) ') (
7(() ( )'@' ( 6,. 41& 8';8 ( '(
= 06* ( )',( ' ( C.P'(.
CAUSAL ND 8 &EL A('. 8+
A( 6*,) =)*
6 6',& ;8 ,)) )'') * 8' 86)
7)6( ;8 (=6 ( 8)6 )' ()* 6)6* >
8 ,'6 )6 )=,)& ,6 8' ;8=6 ',* ;8
9*, * (6 ) (6(& * > 8=* *)
(6.
L)* 66)*& *
6& ;8(()* ;8 ( ,' *)' ()* (()*
6',)* > ()* *?8')*& ()* ;8 ( ' *'
7,)& *)(8@'.
E( )'')
6',) 8 *6 8(& *,) * * (=6)
', ( 8 ;8 *6: ),', 6 (66 (
;8=6 ) ,68(& 8') ') ',6' (
,6=8'(. E( ;8 ,' )6 )=,) (6( * *6
8(.
L ')'(,86 (?(
* ( *?8', 1 E,68( 2 P6',)
8( ) *(', 6',)& > 3 S(',
8(.
E( 6,:8() 43 N 4 * 676 ( )'')
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 43/128
E,68( ;8 * (6) '8() ) 6*8(,) )6
*',' 8( 76.
+.% LA ,UIEB(A - EL P(OCESO CONCU(SAL PENAL
+.". INCI&ENCIA EN EL P(OCESO C(IINAL &E LA
SEN'ENCIA &E ,UIEB(A
A *, 6*,) =)* *0(6 (
*,' ,6* 6)=(* *,',)*
A B*, ( *',' ;8 (6 ( ;8=6 6
*,6 )6 )'*,,8 ( )'@' )=,
8'=(.
D )'7)6 )'
'8*,6 (?*(@' ?',& ()* 7,)* (
(6@' ;8=6 * 6)8' * ( )',)
*) ' ;8 * , ( *',' (6,& *:&
* *6' ()* 6,:8()* 4 > *?8',* (
L> 1".1!5. A<* )6 ,6,6* 8' *','
8,& 9*, 8* 8,)6& ( 6& 8
8(6* ') )=*,', *,6 686*)* ' *8 )',6.
D *, 7)6 ( 8)6 * 7(() * ( *','
;8=6& +' 8') *,9' '',* ()* ()*
6 ',6)'6 6)*@' *( 8 ),6) 686*). D
() ',6)6 * *6' (6', ;8 )' ( *)(
*',' * 8( ( 6;8*,) 8'=( 6
*,?6 ( 8)6 )) 8,)6 ;8=6 8(=( )
7688(',. L) ',6)6 * )'76) )6 ( ,')6
( 6)) 6,:8() 222 ( L> 1".1!5& ( 8( ')
*,=( )'@' (?8' ( 8 ( 6 6?8(6
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 44/128
( 78(, )76 ( 8 ( 6'.
B L ',6)*@' ( 686*) *(
6)*@' ') *8*' ( 6)*)
(7@' 6'(.
E* 6& * ,6,
,6'6 * )'866' ) ') ()* 6;8*,)* 6 (
(@' ( 6,:8() 4 ( C@?) P6)',)
P'(.
E( 6,. 4 ,)
6;86 6 ( *8*'*@' ;8 *,9 '', (
6*)(8@' 6 8' 8*,@' ( ;8 =
)')6 ),6) T6=8'(. E' ( * ') *,< '',
( 8*,@'& )6;8 ( )',) *) (66* (
;8=6& ( 8)6 * *6 7(()& > 8' ')
))*@' ( *',' 6,86& ') )6 (() (
*',' (6, 6)86 ,))* *8*
7,)*. N) *,< '', ( (6@' ;8=6&
( 6;8*,) 8'=(& *') *@() ( ))*@'
( *& ;8 ') * 8' 8*,@' 6 6 ()*
7,)* ( (,) ;8=6.
A)6 ='& *
86', ( 6)*) (7@' ;8=6 * ,'
'), ( 6)@' ( *',' (6,&
',)'*& ( ,6=8'( 6)6< ,6 8'
*)=6*',) 7',) )' 66?() ( N (
6,:8() 4$" ( C@?) P6)',) P'(. S )6
( )',66) ( 6)@' ( *',' ;8=6
* 6)8 (8?) ( *',' 7',
)'',)6& =6< 6)6* )'7)6 )' (
6,:8() 5! > *?8',* ( C@?) P6)',)
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 45/128
P'(& ( 8( )'*?6 ( 686*) *(
6*@'. E' 7,) ( N 4 ( 6,. 5! ( C@?)
P6)',) P'( *)'
FL Corte Su3rem 3odr; rever
e<trordinrimente !s senten2is irmes en Gue
se @y 2ondendo !guien 3or un 2rimen o
sim3!e de!ito 3r nu!r!s en !os 2sos
siguientes: 8. Cundo 2on 3osterioridd !
senten2i 2ondentori o2urriere o se
des2u5riere !g?n @e2@o o 3re2iere !g?n
do2umento des2ono2ido durnte e! 3ro2eso Guese de t! ntur!e= Gue 5sten 3r est5!e2er
! ino2en2i de! 2ondendo.
C L *',' ;8=6 ( ') 8 *6
)=,) 8' '8) ' )6 ( 8 6'(.
E' 7,)& () ;8
,6,6)* (86 )','8@' * * (
*',' ( 8 *6 )=,) 8' '8) '
)6 6, ( 8 ( 6'& ,( 8',) ;8 9*,
8 *,6 ;8 ') * 6)' ()* 6*88*,)*
'*6)* 6 (66 ( ;8=6 >& '
)'*8'& *)=6*6 6'(', )6 7(,
)'@' )=, 8'=(.
L) ;8 *,& ' 8?)
;8: * ( 6') ;8 (* *','* (* ')
' )* 8? ' ,6 '( > (* @,**
@' )',(* )6 ()* 6,:8()* 1!3 > 1!4 (
C@?) O6?<') T6=8'(*.
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 46/128
E( 6,:8() 1!3 *
676 ;8((* 8*,)'* ;8 * *8*,' 86',
( 6)*) 6'(. L (6@' ;8=6 ') *
8' 8*,@' ;8 * *8*, 86', ( 6)*)
(7@'& *') ;8 * ,6, 6*', 8'
8*,@' ;8 = *,6 6*8(, )' ',6)6 (
6)*) (7@'.
L *)(8@' ()
',6)6 * )6 8' 8 (@' ()*
6,:8()* " > 1$# ( C@?) O6?<') T6=8'(*.
E' 7,)& (
(6@' ( ;8=6 *6< *6 ),'
(8* ( 8 (& )6;8 * 9( ;8' (
L> ')' *, 6)*). C)) (( * 6;8*,)
8'=( ' ,6 '( )'86*(& *(', ')
,'6< ( 6)*) 6'(& *') ' ,',) *,
*',' ;8=6. L) ',6)6 66< (
),' 6 6*)(6 *)=6 ( 8',) ' (
,6=8'( ( )' 66?() ( 6,. 1$# . A)6 ='&
* ( * 6'( * )6 6*)(6 '8)
*)=6 ) 8',)& *(', *,6: '76'?') (
')6 ( 6,:8() " ( C@?) O6?<') T6=8'(*
;8 *,=( ( 6') ( ')=(.
CAPI'ULO III
".% NA'U(ALE/A &E LA &ECLA(ACION &E ,UIEB(A
C)) )* *0()
' ( ,8() ) ( '*)('& ( *,)
,6)'( 6:,) ;8 ( ;8=6 ')(86& = *6
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 47/128
(6) 8(',& ') =*, ;8 * )'7?86 (
*,) '*)('& * 6;86 <* ;8 9*,
* (6 8(',.
L ),6' ')'(
* '8',6 )',*, ' ( *',) *,6 ;8 (
(( ;8=6 6,8( ) ;8=6 ) ')
,' = ' '8*,6) **,.
L ),6' (
;8=6 6,8(& 8> 6'( 6,6:*, *
)'*66 ;8 ()* 7,)* ( ;8=6 8'
)6?'6* +' 8') 9*, ') > *) (6&
,8) (@' ' ( 6) )'86*( 76'9*&
),6' ;8 )> * '8',6 *86.
A)6 ='& * 8'
6*, 86', 6)*(& ( (6@'
;8=6 * 8' *',' 7',& ;8 )','
,))* ()* (',)* (* 6*)(8)'* *, :')(
,* ' 6)*)* (* 8,)*. E' *,
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(> ( )'76 96,) 8,). L 8* 6 '
( 8) ;8=6 ') * 8' )=(?@' 8,
?& * ( '*)(' 8>) *?') *=( * (
*@' ?)*. E*, *',' (6,)6
;8=6 * (6,& )6;8 *,=( 6? )'*
7/21/2019 Insolvencia Punible
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8' *,) 86:) '8) <* * 8, )6;8
' *8 6,8 * ' ( 8@' )(, )
6(@' ='* ( 8)6.
".". CON&ICION &E P(OCESABILI&A& VHS PUNIBILI&A&
A)6 =' 6*,)
( ',86( 86: ( ;8=6 ')*
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),6' * '8',6 ( )6 (,6
8( * ( ',86( 86: ( ;8=6.
S)' )*
6'(', (* 6)'* 8',* )6 (
),6' )6 8' () *,<' ;8(()* 8,)6* ;8 (
)'*6' 8' CONDICION DE PROCESABILIDAD& > )6
),6) *,<' ()* ;8 ( )'*6' 8' CONDICION DE
PUNIBILIDAD.
C)) () =:)*
*0()& * 8> 7:( ,6,6 (,6(* )6
8',)& <* ((< ;8 (* )')'*
6)*=( 7,' ( 6)*) > (* 8'=(
( '& ' ( 6<, ') *)' 7<(',
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,=9' ( ' > 6*. A( 6*,) ))*
6 ;8 ') > ' *' 6)*) ' 6)*) '( *'
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BELING *)*,': ;8
8' (* )'*8'* *66 ( 8'=(
KIUS PUNIENDI ( 6*?8=( KD6)
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 49/128
A@' P'(& * ( )*=( ;8 ( 8,)
8 *6 6*?8) > ') ') > 6*.
Q8<* 8' 6,6)
<* 6<,) 6 ,6,6 (,6()* *6: 86
()* 7,)* ;8 6)8 ( )'866' ) ( 7(,
(?8' ((*.
S?8') *,
6,6) ( )'866' (* )')'*
6)*=( *?'7 ;8 ( 6)*) *,<
(', )'*,,8)& ,( '6 ;8 * ,)
6 8(6 )' *8 7' +(,)& 8( *& *66
'*,68',) (@' ( L> '( *8=*,',
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)'866' (* )')'* 8'=(&
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6)6.
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 50/128
A(?8')* 8,)6*
*)*,'' 8' )*@' (9,& '?()=') ,',) (*
)')'* 6)*=( )) (* 8'=(
=) 8' *@() ')=6. D *, * CARNELUTTI ;8'
*)*,' ;8 )) ' ( ) '( ( *,'@'
',6 (',)* ,6(* > 6)*(* * +' ')*
(6) ;8 ' ( (& ) ;8 ' ( 6) '(
*@() 8 ,86* ,69* ( 6)',). E(()
') )866 )' (* ')6* *8*,',* (* (* ;8
8' *6 (* )6 )* ,66)*(*. C))
)'*8' *, '*',) CARNELUTTI ((?
'?()=6 )' ( ')=6 CONDICIONES PENALES
CONSTITUTIVAS& ,',) (* )')'* )=,*
8'=(& )) ( ;8 )66*)'' ( ) (
6)*=(. D *, '6 (7 ( (6@'
;8=6 )) 8' )'@' '( )'*,,8,.
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7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 51/128
E' ( 6)
)6) ))* ,6 ( LEGE FALLIMENTARE
,('& 6*,) ( 8(& 8' ?6' >)6:
8,)6*& ' )'*6) ( ;8=6 )) )'@'
)=, 8'=( ()* (,)* BANCARROTTA
FRAUDULENTA > BANCARROTTA SENPLICE& ;8(',* '
'8*,6 (?*(@' ()* (,)* ;8=6
F688(', > C8(=(.
S?+' NUVOLONE L
*',' (6, ;8=6 = )'*66*
)) 8' )'@' )=, 8'=( ()*
)* )' 6(' '( ),)* )6 ( ;8=6)
)' ',6)6 *8 (6@' ;8=6.
E* *8>) )6,',
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8' ( 6)=( *=6 * )'@'
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E' *, *',)&
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;8 ( (?*()6 )')' ( 6(' '( (
)'8, ( *8,).
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 52/128
S?+' ETCHEBERRY (*
)')'* )=,* 8'=( *6:' 6,)*
',)* ')* ( @' *& 6) 8>
)'866' * '*'*=( 6 ;8 8 ',66
(6* ( '. L) ;8 (* 6,6 * ( )
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( @' ( ?',& ' *)' (* ;8 * *8)'
'*'*=(* 6 ( (' )'7?86@' ( )&
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,=9' <* ( )'@' 8'=( ;8 8'
6;8*,) 6)*=( > ;8 ,6,<')* *,)*
+(,)*& +' 8') ') * >' 8()& (
6*)'*=( '( > ')& ' =*,6,) >
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;8 ' ( 6*)'*=( 6'(& 8' ' ( (')
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( (,) > )=6' *89* ;8 9*, * 7,8@&
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(* )')'* 8'=( ') * 67' & (
(,) *, )',)(@?', 6) ') 8 66*
( 6,'*@' 8', ( *,).
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7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 53/128
)',) NOVOA ( ;8
1.- T))* ()* (',)* ( (,) *)' ' ( 7)')
)')'* '*6* 6 ( 8'=( 8'
)& 8* ',6* (()* ') * 6+''
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2.- E* )*=( ;8 ( (?*()6& ' 6,)* *)*&
6 )''', 6 '6 ( *'@'
8' ) 8' 68'*,' ,6:'* (
)'8, 8'& ;8 ') 7)6 6, ' (
))6,',) )6)6( ( ?', ' (*
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)) 8' )'@' 6 ( '(
=*)(8,', *6 ( )'8,& ( 8(
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)6?' 6*)'*=( '(& *,) *&
,& ',86 > 8(=(.
3.- T( )')'',) ( *'@' 8' )
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)'8, > ( ,) 6)', ,(& * '8=(
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6,) '( ;8 *6= ( ,)& ')
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 54/128
'7)66< ( ',86 ' ( 8(=(
( )'8,. P)6 )'*?8',& () *8=,) (
?', ') '*,6< 8=66 )'@'. A(
,6,6* ( 8(=( ;86< *,=()
;8 ( *8,) ,) = )')6 ) )6
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*) )(,) *)')',)
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() ;8 )866 )' ()* )* ;8 ',?6' (
,)& ') 7,6: ( 8(=(.
P)6 +(,) *0( ;8
' C( 6' ') *,6 8,9',* )')'*
)=,* 8'=(. E( 6;8*,) (
(6,)6 ;8=6 6 ;8 8' *')'6*
()* (,)* ;8=6 8(=( ) 7688(',& 8>
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6*88*,) 6)*=(.
FONTAN BALESTRA&
76' ()* ',6)6* )' ;8 ( )'@'
)=, 8'=( * 8' (',) (
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))6,',) ( *8,) * 66(', 7,)*
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7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 55/128
( 7(()& )'*6') ;8 () )'*,,8,) (
(,) ') * *@() ( ) =6 *) ' ( ?)&
<* ( )() ) 8( *:7)*& *') ;8 (
(6@' ;8=6 <* ( ) )()*) ) 8()*).
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)* ( 7(() 8' *6 6*?8)* > ')*
*' ( (6,)6 ;8=6& ') )6:' *6() )6
()* 6,:8()* 21# > 22$ ( L> 1".1!5& *' ;8
( )'@' )=, 8'=(. U' ()
() ',6)6 *6: ( 6,:8() 21# N# ( L>
1".1!5 ' 6(@' )' ( 6,:8() #! N! ( C@?)
T6=8,6)& ,) & ;8 *' ( ;8=6 ') * )6:
6*?86 > '6 ( )'8, *6, )6 ( 6,:8()
21# N # ( L> 1".1!5 6) * * )6: 6*?86
> '6 )6 ( )'8, *6, )6 ( 6,:8() #! N
! ( C@?) T6=8,6). L) ',6)6 ' 6766
( & ;8 )6,)* > ;8 ,6,6)* <*
,'*', ' ( :,8() ) ( B' J86:)
P6),?)& ' 8',) ;8 (* )'8,* *6,* '
()* 6,:8()* 21# > 22$ ( L> Q8=6* *)'
7?86* ',86:* PER SE& 8* *, 8' ',
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)6,' *6 6;8*,) '*'*=( 6 ;8
8 8,<6*( ( 7(() ()* (,)* ;8=6
8(=( > 7688(',. P6*', ((: *, *8
6@' *6& * 6& ,(* (,)* *@() 8' *6
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 56/128
6)* ( ;8 ;8=6) > ') ),6) *8,)&
)' () ;8 * 6;86 8' *',' ;8 (6 (
;8=6.
T( (6@' *
)6 () ,',) 8' (',) )'*,,8,) ( (,)& >
)'@' 8'=( 6 ;8 ( 7(() 8
(<6*( ( ' ( ;8 * ) 6)6 )6
( )*@' ( (,) ;8=6 (:, '
8(;86 *8* ?6)*.
E' 7,) ( 6,:8()
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;8 * 676 ( 6,:8() 41 8 *6 7)6,8,&
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8(=( ' ()* *?8',* *)*... > S 6*8
7688(', ( Guie5r ( 8)6...
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;8=6& 6 ;8 8 '6* ( 6)*)
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B' J86:) P6),?) ( 8( * (*)'
7,', )' ( (6@' ( ;8=6& )6
8',) )' ((& ( )8' ,) )')',) ;8
( 8)6 > ') * ?') 69,)& ;8 *8 *,8@'
* '*(=( > ;8 ()* 6)6* ' *;86
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 57/128
,6)' 8' )'') 6',). E' 7,)& )' (
(6@' ;8=6 * 8('6 ,) ( (
,6 69,)* ' ;8 6)* '8*,6 )'): )>
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> )'*8,8'6)* ( =8' 7 6',(. U*')
( '()?: JUAN ESTEBAN PUGA VIAL ))* 6
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6686=(& *@() ',)'* ',6* '*,?6
* ( 8)6 '866@ ' (* )'8,* *6,* ' (
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8*,* 6',', *86? ( '*
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P)6 +(,) =)*
6 ;8 ,( 7,) ') * 6 ( (6@'
;8=6 )) ,) 86*)'(& *') ;8 '
( 6*)(8@' ;8 (6 ( ;8=6 )'*6 ))
) 86:) ' 6,8 ( 8( ( '*)(' *
( <=,) )'@) ( ) ( 6).
).% &ELI'O CONCU(SAL
).".% NOCION &EL &ELI'O
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 58/128
A6)<')')* (
, ))* 6 ;8 ' ,96')* ?'6(*& (,)
* ( @' 8 )*@' ;8 (*)' ) )' ' (?6)
8' =' 86:) )6,' > ( 8( * (
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8' '.
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6',', 8*,) > ,'') 6*', ;8 ()*
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 59/128
(,)* )'86*(* *)' ( 6*8(,) 8' 68
(=)6@' *,@6& ') * ,606 *8 6,8(6
> 6) ')@'.
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;8=6 (:, * ( S,8@' ,6)'( 8'
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 60/128
)6', ;8& )6 ((6* ' *@' ?)*& *
*),) 8' 6)',) 6?8() )6 ( L>
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).).% &ELI'O CONCU(SAL P(OPIAEN'E 'AL
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)6) )6')& 8>)* (=)6* *,<' ' (*
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7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 61/128
)6 ') )6 *,*76 *8* )6)*)*.
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;8=6 ') *6 * 8' *,8@' ',(. M8*
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8 )*)'* ,'?'& =<*,')* *=6 ;8 * ' (
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8( ' =) 8 )'=:6*( )) (
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7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 62/128
)) 7,) 8' 6*8(,) (:,)& ')(8',6) > ')
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;8 ' ( >)6: *,* 7?86* * )=6 <* ='
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*8 ,86& () , * * ((? 6)86.
L 76'& *?+'
(?8')* 8,)6*& ',6 *,* 7?86* > (* ;8=6
7688(', *,6: ' ;8 ' (* 7?86* ( 6,:8()
21# ') *6: 6, ( )() ( <') 686
()* 6)6*& *') <* =' * ,6,6: )'8,*
6)7*)'(* 66*)'*=(* ;8 )'' ' (?6) (
**, 6,).
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 63/128
A( 6*,) ))*
6?8',6 ;8 ( L> ;8=6* * *6@ (*
*)*)'* ?'6(* ( C@?) P'(& )6 8',)
() 6(,) ( D(,) Q8=6 ,' *8 ',',
',) ' ( C@?) C)6) K1"5& ( ;8 *
',6)6 ( C@?) P'(K1"!4.
E* =( '*6
',)'* ;8 ( C@?) C)6) ') 8) 66?(6
*8* *)*)'* 8' C@?) P'( ;8 ,): ')
*,:.
E' *, *',)& ()
*) *8@ )' (* 7?86* 6(,* (
C)(& (* ;8 )'7)6 )' (* 6?(*
?'6(* *)' <* =' ,)* 8,)6:
K'8=6',).
A)6 ='& 6*,)
(* 6*8')'* (?(*& *8 )=,) *6: (
*66 7?86* '6* 6 (76
8(=( ) 7688(', ( ;8=6. E' ( 7)') *8
7'( * 7(,6 ( 68= ' *,)* (,)*& ()
;8 ') )=*, ;8 ( 7(() 68= ;8 ') )=6@
)()*',. L) )6,',& * 6 (6) ;8 (
)() * 6*8 6, ( )'8,& > (() )6;8
9*, * 6() )6 ( 6) @'. P)6 =*,
6,6 )6 ()* )* 6)=,)6)* ;8 * )8(,6)'
='*& 6 *)*,'6 ;8 *,)* 76', 8' ;8=6
7688(',. N) *6< '*6) 6)=6 ;8 <* *,
)'8, * ) )()*',. S' =6?)& *6 (
7(() ,'6< ( )*=( 6)=6 () )',66).
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 64/128
C= 6 6*',
;8 ()* ,6=8'(* * ' )*,6) 6,',* 6
(6 (* 6*8')'*& 68= (()& * ;8 ' (
>)6: ()* 6)*)* *)=6*:)* ,)6(', )6
( 8*( ( 6,:8() 4$# N1 ( C@?)
P6)',) P'( ') *, )',=( >
)'*8'(',& '8' * 8) *66)((6 8'
6 )',=(. S 6(', * 8=6 () (
,9' (* 6*8')'* ( '86) 6)*)*
*)=6*:)* *6: ;8(', ( '86) 6)*)*
)' 8,)* 6)*',).
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6*,) 8( * ( )'8, ;8 )'*,,8> ( ,)&
)'*6)* ;8 ( ,) *,< ' 8' (*
)'8,* ()* 6,:8() 21# > 22$& ( (> 1".1!5&
)' *8* )66*)'',* 6=)* 6,)6* *?+' * (
*). A**)& 6)* 6, ( ),6' ;8
*, ;8 ') )'*66* ;8 ( (,) *
), ,',* * )) *' 8' (*
)'8,* ;8 * )'7?86' ' ( 8)& )6;8 *
*: * ','6& 8') 6)* )* ( 7(() *
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)6 ( (?*()6. E' 7,)& D)' A(76) E,=66>
() 6*8 ( *?8', '6 L ;8=6 8'=(
* 8' *)(& ;8 ,' 8' 6 )()* > 8'
6 8()* > 8' ,' 8' (86(
@,** ;8(',* ',6 *: > 8> (86(
)866' ') 8',6 ( '+6) (,)*. E*
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 65/128
<*& ( ),6' )6' *, ;8 * ,6, 8'
(,) , 67)6& )6 () ,',)& ( 6?'
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(,)*.
L 68'*,'
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6',& ' 7,)& ( 7(() 7 1#.$5.#4&
6,) )6 ( '*,6) ( I. C)6,
A()'* S',?)& )' D)'?) )* M)86?*&
( )')6 ( (7@' ( ;8=6
L)')& ' *8 )'*6') 1 6* F,ue si 5ien
!os @e2@os !udidos en e! motivo duod2imo tm5in se
en2udrn en e! de!ito de Guie5r 2u!35!e de! ND #
de! rt72u!o )"# de ! Ley de Guie5rs de 2onormidd
2on !os rt72u!os )"$))$))#)+)y )++ de es Ley !
mu!ti3!i2idd no !ter ! 2!ii22i4n de! de!ito ni
su unidd ni su 3en!idd esto es se trt de un
igur de !s Gue ! do2trin denomin de ti3i2idd
reor=d es de2ir de Gue!!s Gue e! ti3o 2ontem3!
vris 3osi5!es 22iones de mner Gue !
stis22i4n de 2u!Guier de e!!s !o stis2e 3ero
! 3ro3io tiem3o !e es indierente Gue re!i2e m;s de
un Cury 'omo II Pg.")+.F
).+.% 'EO(IAS
E* (',
6)')) )6 ( ),6' ')'( ( ) ;8
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7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 66/128
Q8=6* 786)' )'7* *6 6,)6*
*()* ' D6) C)6(& ((: ;8 ()*
6')* (*)* ' ( L> )'86*( ') *6
*)' )'',* )' ()* ( D6) P'(.
A<*& 6)8,)
() ',6)6& > =) ;8 * *)*)'*
'(* *)' '',* ( 6?8(@' 6',(&
()* '(*,* ' =')') *8 *,8) ()*
C)6(*,*.
P)6 ( 6@' 8*,
6',',& > ,'') ( *,)6 *,)*
(,)* =)* 6 ;8 *8 *,8) * 8> )().
E' 7,)& )' ( ,@' ( C@?) C)6)
F6'9* ( 0) 1"$! ( 8( ,6,= ( B'66),
' =* 8' ,6( (*7@'& F)6,8,& *( )
)()* > '8'= 8' *6 @,** ;8
))6,=' ;8 ( 8 *,= )=(?) K;8=6
)=(?,)6& ) 78(,) K;8=6 F8(,,&
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8' *, (7@' )6 ( 86*@'
(& > *6 ;8 ( ;8=6 ') 786 68,
7)6,8,& *=' ()* ',',* ( * '(&
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(* '* 6*,* ' ( C@?) P'(& *?'*
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)6). E' 7,)& ' ()* ',',* (
6@' ( (> ;8=6* *,: 8' (6)
6,6) *?+' ( 8( ( 66*@' '( * *,=(
*)=6 ( =* 8' **, (>* '(* '
=(')& ' ( ;8 ( )',') (* 7?86* *
6, :',?6', ( (> )6(& ') *: ()
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 67/128
6(,) ( ' ( ;8 * 6? )6 ( C@?) P'(.
E' '8*,6) C@?)
C)6) 1"5& ,)) ' ?6' ( **,
76'9* ,=9' * : ( ,6( (*7@'
;8=6 7)6,8,& 8(=( ) 7688(',& > (
*,'@' ',6 (7@' 78(,, >
)=(?,)6 ( 6) 76'9* * ,68: '
@,** )'*,,8,* 6*8')'* 6)
8') 8 ),6) ,) ;8=6 8'=(. E( 8
)6) 6(7= (* ;8=6* > *@() * (
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'= ( 6)*) '( ,' 6)',) * (6= (
;8=6. L* @,** ;8=6 8(=( >
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( 6@' ,)) ( 6)=( 6(,) ( *,68,86
( (,) )'86*( > (* 6:,* ' 8',) ;8
') *, 8' (,) )' 8' )'8, +'
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L ),6' *,
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 68/128
6*,) ') *,< )',*,& ' 7,)& *,' (
')*& 3 ,)6:* ;8 ,6,' (6 ( *,68,86
*,)* (,)*.
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( <* ',?8 ,& * ( ;8 ( '+()
*'( ( (,) ' ( ;8=6 * ) ' *8
',', ) *=6& ( '*)(' )
*@' ?)*. S?+' *, ,**& (* 6*8')'*
;8=6 8(=( ) 7688(', ') *)' *') )*
68= ( 6<,6 8'=( ( ;8=6.
U' *?8' ,)6: *
( ;8 *, ;8 ( (,) * ( 8*@' )()* )
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(* 6*8')'*& 6 *, ,)6:& ((* *)' (*
)'8,* ,:* ;8 =' =6 )'8) (
;8=6 ) '*)('& ;8 *6< *6 ( 6*8(,)
,:) *, (,).
U' ,66& * (
,)6: ;8 ( (,) ') > ' ( ;8=6 ) (
'*)(' *') ' (* )'8,* )'*,,8,*
6*8')'* ;8=6 8(=( ) 7688(',.
L 66 ,)6:&
*)*,' ;8 ( ) (:,) '( * ( ;8=6
* ) ( '*)('. E(( * ( ;8 6)8 (
0) ()* 6)6*& * ( ) ;8 8* ,))* ()*
(* ;8 ( 6) )'86*( ;86 ,6 )
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A)6* > P( R)?6* 66:' *?86 *,
)*@'.
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 69/128
S 6:, *,
,)6: 6'(',& )6;8 ( (,) * ', ,))
)'8,& @' 8 )*@'& ,:& ',86: >
8(=( ( *8,) ,). P8* ='& ' ( ;8=6&
' ( '*)(' *6:' @' ) )'8, ( 8)6.
P8' *6 ( 6*8(,) *8 ,86 8 ),6& 6) ')
*)' ' *: 8' @' ,:.
S' 68) ()
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8( ', ( 8( * ' ( 8@'
)(, > 8'6*( * ( 6) (?:,)& )6
8' @6?') 86*)'(& 8' =6 +=()
6)*(.
N) * ( 8)6
;8'& )6 () ?'6(& (6 *8 6) ;8=6& *')
;8' ( *876. A<*& ( (> )' ( 8)6
*) ;8 *)(, *8 6) ;8=6 > *6: =*86)
;8 ( (> (8?) () *')'6 )6 ) ',).
A(?8')* ', (*
6,* ;8 *)*,' ( ),6'& )*,8(' ;8 ') *
( ;8=6& *') ( '*)(' ( ',) 8'=(&
)6;8 ' (( * ,' 6,@' ( 8)6.
E' '8*,6) )',)&
*, ,)6: ') * ( ,)) *6,& ,' (
96,)& ;8 > ' * 9) * *8(= (
6)=( 6)=,)6) ;8 *, ( : )> 6*','
*,)* (,)*. A,6=86 (* 6*8')'* (
6<,6 )* 68= ( 6<,6 8'=(
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 70/128
( ;8=6 8*,6 ,( *@'. S' =6?)&
)'*6)* ;8 7',', ( @' 8 )*@'
',' )) 6=) 6,)6 ( (,) )'86*(& ')
*,< ' ;8=66& *') ' 8' (* *,',*
)'8,* *6,* ' ()* 6,:8(). 21# > 22$ (
L> 1".1!5& 6) )' 6,)* ,* ;8 <* (',
* )'6<'.
L *?8' ,)6:
6 *(6 ()* ')''',* ( 66& )()
( ;8=6 ) '*)(' )) 6*8(,) ,:) > (*
)'8,* )'*,,8,* (* 6*8')'* *6:' (*
)'* ,:* ;8 ((' ( ;8=6 )
'*)('.
P6 *, ,)6:& (
;8=6 * 8'=( *@() ' ,',) * 6*8(,)
(?8' (* )'8,* 6*,* )) 6*8')'*.
S ( ;8=6 )= ),6 8*& ') * 8'=(.
E*, * ( ,)6: <* , ' ( ),6' *0)(
> 6?',' ?8(', * ( ,)6: <* , )6
()* '(*,* (')*& ',6 (()* MIGUEL ALE
SCHEIT%ER > ALFREDO ETCHEBERRY.
S' =6?)& *,
')@' ') ,' *6) ' ( (>. E' 7,)& *
8') 6* (* @,** ;8=6 8(=( )
7688(',& 66', ' ''?8' ((* *
*,=( )) 6;8*,) 8'=( ( ;8 *'
8* ( *@' ?)* ) ( (6@'
;8=6. E' *?8') ,96') )) *0( P8')& F
mu2@s de !s 2ondu2ts 2onstitutivs de !s
3resun2iones no 3uede re2ono2erse en modo !guno !
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 71/128
idoneidd 3r 3rodu2ir ! Guie5rF. A*:& (
66?8(6 ' ()* (=6)* ( )6',& (
)8(,@' ) '8,(@' (=6)*& ,. ') *)'
8* ( '*)('& ') ,'' '*6',
7,) (?8') *)=6 ( ,6)') 6( ( 8)6 >
*)'& *' =6?)& )'*,,8,)* 6*8')'*
;8=6 8'=(. L) ;8 ')6(', )866 * ;8 ()*
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' 8* * <* =' ( 6*8(,) 8' *,8@'
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*876 ?6* *66?()* ' *8 ' ;8' )8(,
='*& 7)6 6)6*& *8)' 8*& '8,(
(=6)*& ,.& > ') ( '6*.
D ) 8*
7?86* *8)'' ;8 > *, *@' ?)* )
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(,)& *') 8' 6*88*,) ( @' ,:.
E' 7',& '
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;8 (* )'8,* ()* 6,:8()* 21# > 22$ ( L>
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86: > ') 6(& *,) *& ;8 6)86* (?8'
(* )'8,* )'*,,8,* 6*8'@'& ( (>
6*8 *8 6(@' 8*( )' ( '*)(' >
;8=6.
A<*& ' =) (
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 72/128
**, ( C@?) C)6) F6'9* ' )6& (
(,) 6;86) ) ') 8*(.
L ,66 ,)6:
*)*,' ;8 ()* (,)* ;8=6 *)' (* )'8,*
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) 7688(', K> ,=9' (* )( ;8=6
7688(',& ;8 )6 *: *)(* *)' )'* ,:*&
',86:* > 8(=(*. L (6@' ;8=6
6 *, ,)6:& 8( 8' 78'@' *(& 8(
*& *6 6;8*,) '*'*=( 6 ;8 8
8,<6*( ( 7(() ( (,) ;8=6 8(=(
) 7688(',. P6*', ((: *,< *8 6@'
*6& * 6& ,( (,) *@() 8 *6 6) (
;8 ;8=6) > ') ),6) *8,)& )' () ;8 *
6;86 8' *',' ;8 (6 ( ;8=6. A*:
* *6' (6', ( ,')6 (,6( ()*
6,:8()* 6,'',*. E' 7,)& ( 6,:8() 21"
( L> 1".1!5 L Guie5r ( 8)6 ;8 *
676 ( 6,:8() 41 8 *6 7)6,8,& 8(=( )
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8(=( ' ()* *?8',* *)*...& S 6*8
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;8 *)' @(* Guie5r 7688(',...
P)6 () 6',', 8*,)& = )'(86 ;8 ,(
(6@' * )6 () ,',) 8' (',) )'*,,8,)
( (,)& > )'@' 8'=( 6 ;8 (
7(() 8 (<6*( ( ' ( ;8 * )
6)6 )6 ( )*@' (?8' (* )'8,*
*6,* ' ()* 6,:8()* 21# > 22$ ( L>
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 73/128
;8=6*.
A<*& *, ,)6:&
,' ( 96,) *)(8)'6 ( 6)=(
')'*,,8)'( ( 6?(',@' '(
)'86*( ' ( *',) ;8 )) '),6 V6( F!
!ey no des2ri5e ! 2ondu2t Gue e!! sn2ionF > ;8
( ') *6@' ( )'8, ))6, 8'
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C)'*,,8@' 1#"$. P)6 () ,',)& ,'6:)* ;8
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6*8')'* *)' (* )'* 8 )*)'* ,:*& )6
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;8 ( F2ondu2t 3uni5!e est des2rit en ! norm
3en!F.
E*, 68'*,' *
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;8 *')' ()* '*,6)6* 6*)'*
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) '866) ' (?8' (* )*)'* ;8 *
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* *)*@' ') * 676' (?8' ;8
((* =6)' 666 ( ;8=6 ( 6* >& *
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)'8 ( ;8=6& () ;8 6: 76 (
)'(8*@' ;8 )6 6?( ?'6( 6 ( (?*()6
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E' )'*8'& 6
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 74/128
*, ,)6: ' ( ;8=6& ' ( *@' ?)* )
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*,* 7?86*& ;8 ( (> ') 6;86 8*(. P)6
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66) * ( 6< ( 8)6 *@() 8') ( )'8,
( Gue5rdo *,*7? 8') (* )'8,*
,7* 6*', ' ( L>.
E*, * ( ,)6:
*?8 )6 6<,', ,) ( ),6' )6'
',6 (()* ))* ')'6. A*: D(,(& P8')&
A',)(*& N8)()' > C68*. E' C( 66 *6
,=9' ( )*@' ), )6 S')( L@.
N) = 8 ;8
8' ),6' )) ( *6, ',60 8' 66
6)(8@' ' ( ')@' ,6)'( ( (,)
)'86*( > ') *@() )6;8 *,68> ' ?6' (
8' )?<, ;8 * ( ,6=8: ')6(',& *')
)6;8 ))6, 8' =) ' ( 6@' ( )
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*8(* (,)* 6 , K'?6* 6
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 75/128
( S:') ()'* *)=6 *8* '?))* > ),6)*
6*8(,) '')'* *8(* )' 68)
6 ()* 6)6* (,)* 0) K?*,)*
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8(6* 6)=(* 6'98,& 6) 8'
((* =6< *6 ( )'7)6 ()* 6')*
?'6(* ( 6) '(.
).8.% BIEN JU(I&ICO P(O'E*I&O
E( )6'',)
86:) 6 ('6 *8 7'( 8*,&
6),? ,6')* ',6** *)(', 6(',*&
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8' *'@' > *8 6( (@' 8') ( ' ')
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( (?*()6 ),)6? ( =' ;8 * 6),?6.
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*(@' = *6 )'*,', > '<& ?') 8'
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7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 76/128
G8* B,,)( ) ;8 )* *('*
86:* )) ( D6) P'( *,<' ,' '7(8*
)6 ( )',') (* )')'* )'',*& *
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6 )',) 6,)68.
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http://slidepdf.com/reader/full/insolvencia-punible 78/128
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http://slidepdf.com/reader/full/insolvencia-punible 79/128
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http://slidepdf.com/reader/full/insolvencia-punible 80/128
( 69,) > ( F +=(. E*, )*,86 *
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http://slidepdf.com/reader/full/insolvencia-punible 81/128
P'(&F 3resun2i4n en e! 6ui2io 2rimin! es !
2onse2uen2i Gue de @e2@os 2ono2idos o mniestdos
en e! 3ro2eso dedu2e e! tri5un! y en 2unto !
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7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 82/128
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7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 83/128
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7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 84/128
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http://slidepdf.com/reader/full/insolvencia-punible 85/128
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L ,6'@' (
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7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 86/128
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7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 87/128
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7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 88/128
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7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 89/128
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7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 90/128
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http://slidepdf.com/reader/full/insolvencia-punible 91/128
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( : ' ;8 * 8=6 ),) ( (,).
P8 766*
',)'* ;8 ( C@?) ( ?6 ;8 *,9 ),) (
(,)& *?8 ( 6,6) ( )'*8@' >& )6 ()
,',)& ( '',) ( () 6;86 (
)'866' ,))* ()* (',)* > 6;8*,)* (
,). C)' *, 6,6)& ( C@?) *?8 ( ',')
)6 ( >)6 6, ( ),6'& ' )6'
)'*66 ( 6*6@' )) ,', ( @'
'( '') 9*, ,' *@() 8') 8' ,6'
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 92/128
)'8, )66*)' ( *6@' ,:. N)
8 )'6 ( 6*6@' )' ',6)6 (
)*=( 8,6 ( *'@' )66*)'', (
'8) 8> )'8, ?), ( *6@' ,:.
A)6 ='& 6
()?66 ,6'6 * 8') * )',6 (
6*6@' ' ,6 '( )'86*(& * '*6)
)6* ( *,8) ( )',) )'*8,) (
D(,) C)'86*(. O=', *, ,)) * 8' ,
:7) ' ( ),6'& =) () ',6)6
,6,6)* )'6 ()* *,',)* (',',)*
( ),6' 6*,) *, ,.
P6 ;8(()* ;8 '
' (* @,** )'86*(* (,)* )',6 (
6) 8>) 6*8(,) ,:) * ( '*)('& ')
=6: 8 ;8 ( )',) )'*8,) )66*)'
( 6)8@' ) ?6',) ( '*)('& ;8
*6< )'*,,) *)(', )' ( (6@'
;8=6& ',6 ')*),6)* *, ),6' * *)*,' )6
J8' B8*,)* R:6.
A**) R6)
S')( L@ *)*,' ;8 ( D6) C(') ?
;8 ( 8)6 * (6) ' ;8=6& 8* *,
(,) * ), )6 ( )'8, 8(=( )
7688(', )' ;8 ( 8)6 '*,6@ *8* '?))*
> ;8 6*', () )'8) *8 *,) ;8=6&
)*,6)6', ?6? ;8 * )6,', ;8 ( ;8=6
* (6 8(', )6;8 ( (,)
;8=6 (:, * ',' )'*8) 6,6 *
)',)
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 93/128
ALVA(O PUELA ACO(SI&
)6 *8 6, *)*,' ?8(', ;8 F e! momento en
Gue se 2onsider 2onsumdo e! de!ito de 5n2rrot es
Gue! en Gue se de2!r ! Guie5r y desde es e2@
norm!mente 2orrer; ! 3res2ri32i4n.F
S?+' *,)* 6,6)*
( 6*6@' ( (,) = )',6* * (
(6@' ;8=6.
E' ( 6)
)6) 8' ?6' '86) 8,)6* *8*,',' ( ,**
;8 ( )',) )'*8,) ( (,) )'86*( *
6)8 )' ( (6@' ( ;8=6.
AN'OLISEI *0( ;8
FEste es3e2i! 2r;2ter de ! de2!r2i4n de Guie5r
deriv nte todo de e! @e2@o de Gue !os
2om3ortmientos Gue ! Ley in2rimin no son otr 2os
Gue 2tos de dis3osi2i4n re!i=dos 3or e! deudor
so5re sus 3ro3ios 5ienes y 2omo t!es gener!mente
2onstituyen e! e6er2i2io de un dere2@o. S4!o !
Guie5r en su s3e2to sustn2i! es de2ir 2omo
inso!ven2i 6udi2i!mente de2!rd im3rime estos
2tos un se!!o de i!i2itud ?ni2mente 2on e!! y 3or
e!! di2@os 2tos dGuieren re!ieve y 2r;2ter de
de!itoF.
P)6 *8 6, NUVOLONE
*)*,' ;8 F en !os de!itos 2on2urs!es
2ondi2iondos e<isten dos momentos esen2i!es: e!
momento de ! vio!2i4n de! de5er Gue es Gue! en e!
7/21/2019 Insolvencia Punible
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2u! e! @e2@o se re!i= y e! momento de ! !esi4n
de! inters Gue es Gue! en Gue se verii2 !
2ondi2i4n de 3uni5i!idd. En ! myor 3rte de !os
2sos ! vio!2i4n de! de5er im3!i2 3or 2orre!2i4n
ne2esri ! !esi4n de! inters 3ero se trt de dos
momentos distintos. - 2omo ! !esi4n de! inters se
2tu!i= ! verii2rse ! Guie5r 2onsidermos Gue
en ese momento e! de!ito deviene 3ere2to. No 3orGue
! senten2i Gue de2!re ! Guie5r se e! resu!tdo
de! de!ito sino 3orGue ! !esi4n de! inters 3s de
! 3oten2i!idd ! 2tu!idd. No se trt enee2to de un 2ondi2i4n e<tr7nse2 sino de un
2ondi2i4n intr7nse2 2!ii2nte.F
P6 CA(LOS C(EUS F
en !os 2tos nteriores ! de2!r2i4n de Guie5r
Gue y @n 2on2retdo e! detrimento de! 3trimonio de!
deudor y 2on e!!o mteri!i=do e! 3er6ui2io de !os
2reedores e! de!ito s4!o 3uede 2onsiderrse
2onsumdo 2undo e! ti3o se 2om3!et medinte !
de2!r2i4n de Guie5r Gue insert Gue! 3er6ui2io en
e! 3ro2edimiento 2on2urs! 5riendo ! 3osi5i!idd de
2ono2er su e<tensi4n !os su6etos 3sivos t73i2os 3or
medio de !os 3ro2edimientos de verii22i4n.F
ASSIO PUN/O&
)'*8', )' ;8 F! de2!r2i4n de Guie5r no es
2ondi2i4n de 3uni5i!idd sino un 2ondi2i4n de!
de!ito tm5in 2ree ver en ! senten2i de Guie5r e!
momento 2onsumtivo de !s igurs 2on2urs!esF.
H> (?8')* 8,)6*
;8 76'' ( )',) )'*8,) ( (,)
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 95/128
)'86*( ' ,'@' * * ),@ )' ',6)6
( ;8=6 ) )' )*,6)6 (( ' *,
*',) * *)*,' ;8 ( )'*8@' ( (,)
;8=6 (:, * 6)8 ( ,) 8,6* (
)'8, ,:. D,6<* *, ,)6: (, ( )=(
;8 ()* )* ( 7(() )6:' *6
6*?8)*& ')* > *6 *8*,=(*
6*6@' ( @' '( ',* (
(6,)6 ( ;8=6.
C)) > ()
6*)*& * '8*,6 )'@'& ;8 ( (6@'
;8=6& <* ()* '86)*)* 7,)* (*&
,' ' ( <=,) '(& ( )6,' *6
6;8*,) '*'*=( 6 ;8 8 8,<6*( (
7(() ()* (,)* ;8=6 8(=( )
7688(',.
E' 7,)& ( (,)
;8=6 (:, ;8 )',( '8*,6 (?*(@'
6;86 8' *,,8* *( )6 6, ( *8,)
,)& * 6& * ,6, 8' *8,) (7)&
' 8',) * 6;86 8' 8)6 )' (?8' (*
(* *,=(* )6 ( 6,:8() 41 ( L>
)'86*( ;8 > *) (6) ' ;8=6.
E',)'* ,')* ;8 ( ,) 6;86 ;8 ( 8)6
* )6',& '8*,6( ?68(,)6 ) '6)& <*
( (6@' ;8=6.
R)6)* ;8 '
)*)'* ( (?*()6& ( )'7?866 ()* (,)* >
*,=(6 ,)* '(*& * (, 8' *(
*6@' )=, ,6 *(.
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 96/128
E' 7,)& * )+'
6 ;8 ()* ,)* <* ( 6=) 6,)6 > *' 66
)6 (() *8 6<,6 *6,)& 6*' ( 7?86
(, '(8>') 676'* *,',)*
(',)*& * ,6,:)* ( *8,) ,)& (
*8,) *)& )(* ( @' ,....
D '6 ;8 (
@' ,: * 6* ') *@() )6 ( 6=)
6,)6& *') ,=9' )6 ( *8,) > ()* )(',)*.
A( 6) ') *@() ( )6, ( @'& *') ( ))
( @'.
L* )(* (
@' *)' '86)** ',6 ((*& E( *8,) ,)
( @' E. () +=() *8,) ,)
(7).
P)6 ()
6',', 8*,)& * '8*,6 )'@' ;8 '
()* *)* ()* ')')* (,)* 6;8=6
=6: *6 ( )*,86 ;8 *)*,' ;8 ( (,)
* '8',6 67,', )'*8) ',* (
;8=6 > )'*8'(', ;8 ( ,96') (
6*6@' * )',6: * ( 8@'
@'& )6 8',) ,'6:)* 8' @' )(, 6)
8' *8,) ,) ( @' ')(,) K ( (
6,:8() 41& <* ( 6<,6 ;8=6).
)."M.% &ESPENALI/ACION &EL &ELI'O &E ,UIEB(A
U') ()* *,)*
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 97/128
;8 *8*,) >)6 68() > =, )6 6,
( ),6' * 6*', )'*66 ( )*=(
8' *'(@' ( ;8=6&' ( *',)
,6'6 7',', )' ()* (,)* )'86*(*&
(() 78'',) 6'(', )6 ( **
', *','* )'',)6* ' *, ,)
(,)*.
S' =6?)&
*,)* ;8 () ',6)6 * 8' 66)6& ' ( *',)
;8 () 6)) ') * ,6'6 )' ( (,)& *') *
= 6(',6 ( ,) (?(& )) ,=9' (
6)',) 6 7(,6 *8 68=. E' 7,)&
L)* ,6=8'(* * ' )*,6) 6,',* 6 (6
(* 6*8')'*& 68= (()& * ;8 ' ( >)6:
()* 6)*)* *)=6*:)* ,)6(', )6 (
8*( ( 6,:8() 4$# N1 ( C@?)
P6)',) P'(& ') *, )',=(. S
6(', * 8=6 () ( ,9' (*
6*8')'*& ( '+6) 6)*)* *)=6*:)* *6:
;8(', ( '86) 6)*)* )' 8,)*
6)*',).
A( 6*,) ,=9'
* )'*6) ( )*=( ',6?6
7',', ( D6) P'( ( ,6,',) >
'(@' *,)* (,)* () ',6)6 *8*,',)
' ( ')@' ;8 ( ;8=6 ') * ( (,) *') 8'
) 6 ),6 8' ,) *( 768@'.
P)6 () ,',) ( *'(@' ( ;8=6 *@()
,'6: = ' ( ;8 * ('6 (
(,) ;8=6 ( C@?) C)6) > *
',6?6 *8 ,6,',) ( * P'(. C)'*8',
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 98/128
)' () ',6)6& 6)* ;8 ( *)(8@' ') *
'*6', )6 ( *'(@' ( (,)
;8=6& > ;8 ( ('8', )'@) )6 *8*
*(* 6,6:*,* 6;86 8' ,6,',)
6)) > ;8<* *,',) ( ()* (,)*
,6)'(*.
)."". LA PENALI&A& EN LA ,UIEB(A
Y *0(= (
'* ( L> 4.55"& ;8 * =' * 68',&
8',6) > 8*,) ') ,66 (* * @'
8(& )' ?6) 6?)6& )6;8 ') *6 (
'7)6,8') * = ( 8( > ( 768 *') ()*
6** ( *,') > ',* ',=(*& ;8
)'' ='?'& ') * ')* 7,) ;8 ,))
8 ;86 ),', ( 8*, 6*,)
;8(()* ;8 ' '866) ' )'8,* )'*,,8,*
'*)(' 8'=(& )6 () ;8 6*8(, '*6)
;8 * 8' J8 ( C6' ( ;8 '*,?8 ()*
(,)* ;8 7,' ( * > )6),' ( 7
+=(. E*,) ')* ,6 ( )6 8' 76* &on
Andrs Be!!o F L 2ien2i de! dere2@o sient sus
3rin2i3ios en ! norm 3ero @ de e<trer de ! ide
de 6usti2i sus 2onse2uen2isF.
E( 6,:8() 21" (
L> 1".1!5 *,'?8 ',6 ( ;8=6 7)6,8, > (
;8 * )'*,,8, (,)& ( ;8 *8 8
*6 8(=( ) 7688(',& 8> (7@' *
,6'', ' () 6(,) ( (@' (
'.
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 99/128
L ;8=6 8(=(
* ' )' 6*) ')6 ' 8(;86 *8*
?6)*K 1 :* 5 0)* > ( ;8=6 7688(',&
* *')' )' 6*) ')6 ' *8 ?6) )
6*) >)6 ' *8 ?6) :') K 541 :* 1$
0)*. R*,) ( )( *, * 6? )6 (*
*')'* ;8 )',( ( C@?) ( R).
C= *0(6 ;8 (
*6 (* '* *,=(* )6 ( L>
Q8=6*& ?86 6, 6(@' )' ( =' 86:)
,8,() ' *, (* (,)*& ()* 8(* ')
)'*,,8>' 8' 6 768@'& )6 ( )',66) *
,6, (,)* ;8 7,' ( ,6)')& ( 7 > (
69,) +=() ;8 *8*,', ( ()* '?))*&
6, ( 68) ;8 *876' ()* 6)6*.
A)6 ='& ( L> ')
8' 7'@' () ;8 = ','6* )6
;8=6 8(=( ) 7688(',& 6) ()* 6,:8()*
21# > *?8',* * *6' ;8 ( (?*()6& '
(8?6 ,76 ( 7?86 6) ( (,)&
'86@ ' 8') > ),6) *)& 6** )'8,* ;8
*6= > (* 8(* * 8 ( )866' (
(,) () ',6)6 6))) ')',6*
6)'* )6 6, ( ),6'& 6) ') =
,606')* ( 8*) (* 6*8')'* (?(* )6
8',) ( 6)) C@?) P'( ' *8 6,:8() 1 (*
, FLs 22iones u omisiones 3ends 3or ! Ley
se re3utn siem3re vo!untris no ser Gue 2onste !o
2ontrrio.F
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 100/128
E' 8',) (
6*)'*=( )6 ( (,) ;8=6& ( 6,:8()
234 ( L> 1".1!5 ( *)(', (=( (
8)6 )6') ' ( 6,:8() 41& () ;8 *
,6' ( 7 ' ;8 )',6) ( )=(?@' 8
)=(?)'* ;8 () '8' ( ;8=6 KA6,:8() 52
N 1.
E* ',69*
8',8(6& ;8 ( 6)>,) )6?'( ( L>
1".1!5& ' (8?6 6766* ( ;8 66 8'
, )6(& '8*,6(& '6 ) ?6:)(&
(8:& ' =)& ( 6*& )' () ;8 *
6))': ' 8' )') '6 ( )',)
)6', ( 6*6)& 6 *,'?86 *: ')
',6 ( )6', > ( ') )6', )) ()
( L> 4.55"& *') ',6 6*6) > ( ')
6*6). E*, 6,6) 6*)': ( 6)@*,)
(6 ( 6*6) 8' ,6,',) <* 6?86)*) >
*6)& )6 ( 668*@' ;8 ,' *8 *@'
?)* ' ( ',)6',) ( 68(@' > ' (
6,86=@' ( 69,) +=().
N) * ),@ ' (
L> 1".1!5 *, 6,6)& *(', )6 *6 (
6* 8' )',) * )'@)& ;8 86:) > )6
() *)& ( ') ,'6 8' *?'7) 6*)& *
676@ ( ')* )6 *,'?86 ',6 ( ;8
66 8' , )6(& '8*,6(& '6
) ?6:)( ;8( ;8 ') ( 66& )'
6*'' ( )6?'@' ,6=) >
,( ;8 ,'? *8 ,,8(6 *6, ( 6)8@'
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 101/128
='* > *6)*.
A)6 ='&
,6,<')* 8' 7(' 8' 8)6 ') )6')
' ( 6,:8() 41& ( '( * 6?6<
)'7)6 )' (* ')6* ( C@?) P'( > ')
86) ( T:,8() III& ;8 ,6, ()* (,)
;8=6.
E' 7,) ( 6,:8()
4 ( C@?) P'( *')' ( 8)6 ') )
( )6) ;8 * (6 )' *8* ='* ' 68)
*8* 6)6* ) ;8 * )'*,,8> ' '*)('
)6 )8(,@'& (@' ) ''@' ()*
*)* ='*.
S ( 8)6 ')
(7) * (6) ' ;8=6 )6 78? 8
)8(,',) KA6,. 43 N3& ;86< *8,) ( 8)
(7@' 6 ( *(6',) *8
6*)'*=( 6'( > * 6*8(, *6 8(=( (
' ;8 * ( (6< *6< ( ;8 )',( (
C@?) P'(.
L ' )6 (
6*)'*=( ' ()* (,)* ;8=6 8(=( )
7688(', * ( ( ( 8)6 7(()& K;8=6
6) ')* ;8 786 8' 6*)' 86: (
(6 ' ;8=6 ) ;8 ( 8)6 ( > )'76)
( '*,6@' *8* '?))* ) ,* 8'
7,)6 ) ?6',&K;8=6 6) ' 8>)* *)*
*6<' *,?)* ;8'* >' ,8) '
66*',@' ( 6*)' 86:. L L> 1".1!5
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 102/128
)',( 6*', * )*=(& ' 7,)&
6*,) ()* ?6',*& 6,)6* ) '*,6)6*
8' 6*)' 86: (6 ' ;8=6& )) *
( *) (* *)* ( L> ,'@ ( <=,)
( '( )'*6') )) 8,)6* *, (,)
*8,)* ;8 ') *)' 6*)'(', 7(()*. E*,
*,8@'& * *8( ')'6 ' ),6' FBn2rrot
Im3ro3iF > 7, ' '8*,6) )6'',) ',6
),6)*& ()* ?6',*& 6,)6* ) '*,6)6*
8' 6*)' 86: (6 ' ;8=6& 8>) ?6)
* ( , )6(& '8*,6( '6 )
?6:)( > ;8'* (* =) (?8'
6,@' (, ' ( *,) ()* '?))*
( 6*.
A (ESPONSABILI&A& &E &I(EC'O(ES *E(EN'ES -
A&INIS'(A&O(ES 0(EN'E A LA ,UIEB(A
E6* ( 6,:8()
232 ( L> Q8=6* ;8 ()* ?6',*& 6,)6*
) '*,6)6* 8' 6*)' 86: (6 '
;8=6& 8>) ?6) *,< )6') ',6 ;8(()* >
')*& ser;n 2stigdos sin 3er6ui2io de !
res3ons5i!idd 2ivi! Gue !es 3ued e2tr 2omo reos
de Guie5r 2u!35!e o rudu!ent seg?n e! 2so
2undo en ! dire22i4n de !os nego2ios de! !!ido y
2on 2ono2imiento de ! situ2i4n de stos @u5ieren
e6e2utdo !guno de !os 2tos o in2urrido en !gun de
!s omisiones Gue se reieren !os rt72u!os )"# y
))M o 2undo @u5ieren utori=do e<3resmente di2@os
2tos u omisionesF.
E( *) 6,)
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 103/128
<* *')' ' *8 '*) 2 )) (,)
*:7)& )' '* 6(8*@' ) 6(?@'
')6* ' *8* ?6)* :') )K 1 :* 3
0)* ...S * ' 66,) ')* ()*
)'*,*& 6)8*, ( 6,)6)& *='*
;8 ') )66*)':' 8,(* 7,*. L '
* (6< ' 8' ?6) * *)* 66,)* ' )*)')
( ;8=6 E*, (,) *(& ,6,<')*
*)* '@'*& ') *@() 8 *6 ),) )6 (
6,)6) *') ;8 ,=9' )6 ( ?6', (
*) ;8 (( =) ( 86) ( 6,)6)
*)=6 ( ,6.
R*,) *,
(,) *:7) ( L> ') *,=( 6*8'@'
(?8' > *?8 )6 ,',) ( *86, )+' ,)
)'8, ,7 '(',. E* '*6) *) *:
;8 ( *) > *) 8(', (6 '
;8=6.
A)6 =' 6 ( )'7?86@' *, ,) '( *
'*6) ;8 ()* ')* >' *)
66,)* )()*', ', ) 6)8*, (
6,)6). L L> =8* )' *, 6,) ,6 (
*'8@' ( ,( *)( ' 768 ()*
6)* ()* 6)6*.
V)(') ( '. 1
( 6,:8() 232 ( L> 1".1!5& *8 '8') *
)6'*=( * * )'*6 ( *,8@' ;8 (','
(* *)* '@'*& (* ;8 )6 *8 6)
',86( ') 8' )=66 *') ,69* *8*
'*,6)6*& @6?')*& 66*',',* ) 7,)6*&
()* ;8 )=', *,<' )8*,)* )6 6*)'*
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 104/128
',86(*.
S' 68) ()
',6)6& * '*6) 6,6 ;8 *, *)*@'
( L> )'86*(& ') * *') 8' (@' (
6,:8() 3# ( C@?) P'(.
P6*) * '),6 ;8
,(* 8,)* ) 6,)6* ( *) ;86<'
7,)* *'@' '(& * ;8 8=6' )=6)
8,) 6)) ) '*,'* 8' 86) ),) )6
8' 8', )'*,*& 8* ( ',) ;8 * (*
)'76) ') 8 8,)66()* 6 6(6 ,)*
6)=)* ) )',66)* ()* *,,8,)* *)(*& )
( L>& > +' ' ( *) ;8 ( ',) 6>6
*)=6 (?8') *,)* ,)*& ( ',) )(6:
8' ) '8( > ( ',6) *,6: )=(?)
=*,'6* ,86 ') 6*', *,
68'*,'.
E* '*6) (66&
( *) )) & ;8 ( L> *')' *)(',
;8(()* ?6',*& 6,)6* ) '*,6)6* ;8
8=6' )'866) ) ',6') 6*)'(', ' (
,) )& ' ),6)* ,96')*& ;8'* 786 8,=(
(?8') ()* ,)* 8'=(* *6,)* )6 ( L>.
A**)& )) ='
() *0( ( 6,:8() 232 ( L> Q8=6*& +'
8') ') 8=6' )=6) *,)* 8,)*& 6,)6*
) '*,6)6*& 6*)'(', ' ( 8@' *
( ,) 8'=(& *8 )'8, * ?8(',
66)=( > *')'=( * 8=6' 8,)6)
)* ,)* 8 )*)'*.
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 105/128
A >)6 =8'',)&
( 6,:8() 4" ' 4 ( L> *)=6 S)*
A'@'*& *0( Fe! dire2tor Gue Guier s!vr su
res3ons5i!idd 3or !g?n 2to o 2uerdo de!
dire2torio de5er; @2er 2onstr en e! 2t su
o3osi2i4n de5iendo drse 2uent de e!!o en ! 3r4<im
6unt ordinri de 22ionists 3or e! Gue 3residF
D () ',6)6
6*8(, ;8 ( 6 =*,'@' ) ( *( *(')
') (' 7',', *8 6*)'*=(.
E' 8',) (
6;8*,) ;8 ( 6,)6 ) ( ?6',& ' *8 *)&
*,9 ' )')',) ( *,8@' )6 ( ;8
,6* ( *)& = ?6?6 ;8 ,)) 6,)6&
*: )) ( ?6', 8' *) '@' 6
66 *8* 78')'*& =6< *,6 '7)6) (
*,8@' ( *) ;8 '*,6& ))
(',( ?'& ((: ;8 ( L> 1".$4 >
() *, )'@' 8' )=(?@' (?( ' (
6,:8() 4& 8';8 <* 6)', * 8' 6?
(?(.
S' 68) ()
',6)6 ( 6,:8() 41 ( L> S). A'@'*
*,=( ;8 ()* 6,)6*& ' ( 6) *8*
78')'*& *: )) ( ?6',& =' (6 (
(?' )6'6 ' ( 8) ()* '?))*
*)(* > 6*)'6<' *)(6', ()*
68)* 8*)* ( *) > ()* )'*,*&
) ter2eros )6 *8* ,8)'* )()** ) 8(=(*.
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 106/128
L 6)=@' )6 (
8', ?'6( )6'6 )'*,* ( )6 >
=(' ;8 6*', ( 6,)6)& ,)) (8> (
6*)'*=( ;8 (* )66*)' )6 ,)* )
'?))* ,6')* ;8 8=6 8,) )
(=6) )' 8( (& ?6 ) )()& )' () ;8 *
)7 ' ,96')* '96?)* ( 6?( ( 6,:8()
145 ( C@?) C( ;8 (8> ( )() ( ,)
') 6 <* ' 6@' 8' 8', 6)=& * ') *
)')') 6*',.
P6 ?6',6 (
6*)'*=( ;8 (* '8= ()* 6,)6*&
6, ( *)(6& ( 6,:8() 45 6*8 *8
8(=( * ( *) )8(,6 *8* ='*&
6)')6 8* *88*,* ) *8(6 '')'*&
)'8,* 6*', *')'* ' ( 6,:8() 22$
N 1&2 > 3 ( L> 1".1!5. I?8( 6*8'@'
8(=( *, 6*,) ( 66,) ')*
6)*)6)*& =') 6* 88(*&
68'*,' ;8 7, ()* 6,)6* ;8
)'8666)' ( 86)& *: )) )6 ') ((6 (=6)*
) 6?*,6)* ) )6 6)6,6 ()* 6,)6* ='7)*
'=)* ()* '?))* *)(* > ' 68)
( *).
B E0ICACIA &E LA PENA EN EL &ELI'O &E ,UIEB(A
C6)* ;8 (
7 (* '* ' ,6 (,)*
)'86*(* ') * '*6', )6 *,=(6
'* *', (*& ,) ;8 * 8' )
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 107/128
6,) > )')) ;8& ' ( 6<,& 9*,* ') *)'
(* > 8* * ,)) 8(*. E(() *
= 6'(', ;8 ()* *8,)* ,)* ' *,)*
(,)* *)' 6*)'* ;8& )6 () ?'6(& ') ,''
',',* '(* ',6)6* )6 () ,',)& ' (
',8( *) ;8 *' )'')*& ( ,6=8'(
6) 6,6(* )')'(', ( '.
E( ('8',
)'@) )6 *8* *(* 6,6:*,* 6;86
8' '( 6) > ;8<* *,', ( ;8
')6(', * ( 6 ()* (,)* ,6)'(*.
E' 7,)& *, ,)
('8', ') * 8' 6?')& ,( )) )866 )'
( ('8', )+'& <* =' 6,' ()*
*,)6* )'',* ( *). P)6 *, 6@'&
(* *')'* ;8 * ( )''& ') 8(' ()* *)*
)=,)* )(:,)-6'(* *?')* ( '
8*, ( ('8', )'')'(. R)'6
76', =)* )' ()* *)* 6,6)*& ')* 6
(@?) ')'*8',& > ;8 ( *) ),
,,8* ,),(', 76',* 76', 8') > ),6)
,) ('8',. Los de!in2uentes e2on4mi2os no
reGuieren reso2i!i=2i4n sino Gue e! o56etivo
3rimordi! de ! 3en rente estos inr2tores es !
intimid2i4n. En estos 2sos es m;s ei2= e! ee2to
Fs@o2F de un 3en de 2ort dur2i4n > ;8 *8
7,) 6',) - *( * ,)*) 76', ()*
8,)6* 6)'',* ()* '(* *)(* <*
(,)*. T=9' 8' *6 7* ),6) ,)
*')'* )'(*& )) ( ' 8=(
( 6)*)& ' ( ;8 ',', * 6)' (*
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 108/128
*8(* '?,* ( *,?,@'& )*)'
)6 ( @' 66* *,,(& ( 66 (
6*& > ( '=(,@' 6)7*)'( ;8 (;8
*?+' ( *)& )6 ()& ( 6)=@' ,)6(
6 8(6 78')'* )) ?6', 8' *)
( 6*)' )'' )6 8' (,) )'86*(.
).").% &ELI'O CONCU(SAL EN LA'INOAE(ICA
A(*EN'INA:
E( (,) ;8=6&
* '8',6 *6,) ' ( C:,8() V& T:,8() VI&
(=6) *?8') ( C@?) P'( A6?',') =) (
:?67 F,ue5rdos y otros deudores 3uni5!esF& '
)' * )',(' *,',* )'8,* ;8 (*)''
( 6) '& 6 )) ( 6) ;8 *)=6
( ,6)') 8' 8)6 (6) 8(', '
*@' ?)*& ,'' ()* 6)6* 6
*,*76 *8* 69,)*.
A*: ( C@?) P'(&
*')' ( ;8=6 7688(', ' *8 6,:8() 1!& (
;8=6 8(=( ' *8 6,:8() 1!! ( ;8=6 8'
*) ) 6*)' 86: ' ( 6,:8() 1!"& (
)'86*) ( 7688(',) ' ( 6,:8() 1!#& > (
)(8*@' ' 8' )')6,)& )'') ) ,6'*@'& '
( 6,:8() 1"$.
C= *0(6 ;8 *@()
6,6 ( P6)>,) 1#$& ( (> '( 6?','
6*,) ()* )6',* ;8=6)*& ;86@
8,)'): ' 6(@' ( L> C)6(.
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 109/128
E' A6?','&
66 ;8 ( 6*)(8@' ( J8 ;8 (6 (
;8=6 6)8 )* 8? ' ( 6)*) 6'(&
( 8 '( * 8,@')) 6*,) (* *,',*
()6)'* > (* 68=* ;8 = '(6.
E' 6(@' )' (
*,68,86 ( ,)& ))* )=*66 ;8 ( ?8( ;8
' C(& ,=9' * *,'?8 ',6 ;8=6
7688(', > 8(=(.
R*,) (*
)'8,* 7688(',*& ))* 6 ;8 ()*
6;8*,)* *)' ()* *?8',*
1 H=6 '866) ' (?8') ()* )*
')')* ' ( 6,:8() 1! ( C@?) P'(.
2 Q8 (* )'8,* >' *) ),* '
768 ()* 6)6*.
3 Q8 (* )'8,* *' ),* )6 8' *8,)
(7)& * 6 )6 8' )6', >
(6) ' ;8=6. S ,6, 8' (,)
*(& > ;8 6;86 8' 8,)6
(7). R*,) (* 6*)'* 86:*
* ( ( 6,:8() 1!".
E' 6(@' )' (
*?8') 6;8*,)& ;8 (* )'8,* >' *)
),* ' 768 ()* 6)6*& * 8'
)',) ;8 *8*,) *8*@' ' ( ),6'
A(?8')* *)*,'' ;8 * 6;86 0) ()*
6)6*& () 8( * ,68 ' 8' 96
8'6 ' ( *,6=8@' ( ,) (
*.
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 110/128
= P6 ),6)*& )'**, ' 8' (',) *8=,)&
* 6 ( ','@' 6)86 0) ()*
6)6*.
C)' 6*,) (
,66 6;8*,)& * 6 ( ,6'@' ;8'*
*)' )6',*& 9*, ( ( 8 ;8 (6 (
;8=6. E( (7 ( 7(() )) )6', )
8)6 (& () ;8 * 66*=( )6 ( 8 (
6'. A( 6*,)& = *0(6 ;8 * 6;86 8'
(6@' ;8=6& ') =*, ( 6 *@'
?)*& ;8 * ( 6*88*,) ,6( ( *,)
86:) ( ;8=6. S' (6@' ;8=6 ')
*, (,) ;8=6.
E' ( (,)
;8=6 7688(',& ( (6@' ;8=6 ,'
)6 )=,) )(',6& )) 8' )'@' )=,
8'=(& ( ( *( *8,) ,)
*, (,). E' =) ' ( ;8=6 8(=(&
)'*?6 ' ( 6,:8() 1!! *8 78'@' * *,',.
L ;8=6 = *6 ( 6*8(,) ( )'8,
8()*. L)* ,)* 8( ;8 * 676 (
6,:8() 1!!& *)' *6 ',6)6* (( > ='
*6 *8 8*.
S?+' ( '* (
P6)>,) 1#$ ()* ,)* 8( * 68' ,)*
'?(?' 68'. S' =6?)& ')
8(;86 '?(?'& *') ;8 9*, = (6 8'
@' > (?6 ( )6',.
E* 6& 66
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 111/128
;8 ' ( ;8=6 8(=( 76' (
7688(', * 6;86 8' 6(@' 8*( ',6 ()*
)* 8()*)*& > ( ;8=6& ()* 8(* =' *6
*: (7)* )6 ( 8 ( 6'.
O,6) (',) ;8
')6)6 ( 7?86 ;8=6 8(=( ' ( ,) *
;8 * 6;86 68) ()* 6)6*.
N) =*, ;8 (
*@' ?)* 6 ( 8(& *') ;8 <*
* 6;86 ;8 * > 68) ()* 6)6*.
S *,) ;8 *,6< 68) * ( ,)
8( ,6' ( '*)(' 6( ) >)6 (
;8=6).
E' 8',) (
)'*8@' ()* (,)* ;8=6 ,',)
7688(', )) 8(=( *, )'@' >)6,6
;8 * )'*8' ( )',) ( (6,)6
;8=6.
E' 8',) ( ='
86:) 6),?) ' *,)* (,)*& '(', *
','@ ;8 ( =' (*)') 6 ( 6).
C)) * 8
6,6 ' ( (?*(@' A6?',' * ')6)6
6*', ( 768 ()* 6)6* ))
(',) ( ,) ' ( ;8=6 7688(',. A(
')6)66 *, (',)& ' '8*,6) )',)
'*6', * )( ( 68= > 8'=(
( 7?86 (,& > ;8 ') *@() =6< ;8 6)=6
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 112/128
;8 * ),6)' (?8' (* )'8,*& *') <*
;8 9*,* * 6(6)' )' ( 6* ','@'
7686. P)6 )'*?8',& )6:)* 6 ;8 6
()* 8,)6* A6?',')* ( (,) ;8=6
7688(', * 8' * (,) *,7.
E*,) * )(,',
*,',) () ;8 )866 ' C(& ' )' ()*
6,:8() 21# > 22$ ( L> Q8=6*& *,=('
@,** )(,', ''',* ',6 *:&
<* 7)68(6(* )) 6*8')'*.
S )6)* (*
'* ( (> 6?',' ' 6(@' )' ( ('&
')* ')',6)* )' ;8 ( '8*,6 ( 66 * 8)
* 6<*,. E' 7,) ' *) ;8=6
7688(', ' A6?',' ( ' 8 6 2
0)* '=(,)'* *( 3 1$ 0)*& '
=) ' C( ( ' 8 *6 541 :* 1$
0)*. P6 ( ;8=6 8(=( * *,=( 8'
' 1 * 1 0)& '=(,@' *( 2
5 0)*& )',6 ()* 1 :* 5 0)* ' C(.
E*, 76'& *
= '8*,6) 66& ( )6,' ;8 ,' '
(* *,',* (?*()'* ( =' 86:)
6),?)& ' 6(@' ( *'@' ;8 ( (> (
)' 6 ( *) *8 (?6) ) (*@'.
A6',',& 6
( (> (' ( =' 86:) 6),?) ,'6: 8'
>)6 )6,' ;8 ' A6?','& > ?)
6',',& )6;8 * =' ()* (:,* <)*
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 113/128
(* '* *)' <* ()*& ') *: ()* (:,*
:')*.
U(U*UA-:
E' ( *) U68?8>
( *6@' ()* (,)* * '8',6 ' (
C@?) C)6)& ' ( L=6) IV& T:,8() VII&
6,:8()* 152 1#.
S' =6?)& ( '
') * '8',6 ' ) C@?) *') ' ( C@?)
P'( 6,:8() 253 > 254& =) ( ,:,8() F&e!itos
2ontr ! E2onom7 y 12iend P?5!i2F.
E' )'*8' ()*
(,)* )'86*(* * '8',6' )'*?6)* )) (>
'( ' =(').
E( 6,:8() 253 (
C@?) P6)',) ;8 Fe! Gue5rdo
rudu!ento ser; 2stigdo 2on dos o2@o os de
3eniten2ir7F > dos die= os de in@5i!it2i4n
2omer2i! o industri!F
E( 6,:8() 254&
;8 ( ;8=6) 8(=( *6< *,?) )' 3 24
** 6*@' > 2 5 0)* '=(,@'
)6( ) '8*,6(.
L *,68,86 (
(> 868?8>& * 8> 76', ( A6?',' >
C(' > '(*& 8* *?+' ( (>& 66
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 114/128
;8 * ( ,6=8'( ;8 (6 ( ;8=6 ;8' =
'*,?6 6', * *, ;8=6 8(=( )
7688(',. A*: ( 6,:8() " *)' ;8 * (
8 ;8 (6 ( ;8=6 8?6 ;8 *, *
8(=( ) 7688(',& '6< *6 ()* 8,)*
)6?'(* ( 8?) ( 6'& )'') *8
*)*@' ( 7(()& * *,8* 66*,).
E' '8*,6) )',)&
( **, 868?8>) *@() *6: )*,) ' (
;8 ()* 8* '6?)* ( '*,?@' *'
*()* ' ,6* '(* > )'@*.
E' ( *) (')&
8' **, )) 9*, *6: ')6',. N) *,'
86*)'* *(* ' 9*,* ,6* ) ( ')*
J8 C)6)& )6 () ,',) ' ( 6<, ()*
'6?)* 78'@' *6:' ()* 8* (*.
E' 8',) (
*,68,86 ( ,)& ( (?*(@' 868?8> *,=(
6*8')'* *(', (?(* > 6*8')'*
6) 6 (* )'8,* ;8=6 8(=( >
7688(',& *(6 '8*,6) ',?8) 69?' (')
)',() ' ( L> 455".
A( '(6 (*
*,',* @,** ;8=6 7688(', > 8(=(
* 6, ;8 ( =' 86:)& 6),?) * (
E)'): P+=(. E' *, (?*(@' (() * (6)&
)6;8 ,)) ( **, 8( * )' ' 6 )'
( )=,) *')'6 ( 7(()& * ;8 *,< '
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 115/128
, 8?',)& > +' ',* ,6*
*',' 7',. A<*& (* '* ( (,) *
'8',6' )6'* ' ( C@?) P'(& ',6)
( (*7@' ()* (,)* )',6 ( H'
P+=(.
PA(A*UA-:
L)* (,)*
;8=6 * '8',6' ,6,)* ' 8' (> *( L>
N154 7 13 E'6) 1##& ( ;8 )','
,) ( (?*(@' )'86*(.
S' =6?)& ' *8*
6,:8() 15 > 1 *@() *6= (* )'8,* ;8
)'*,,8>' *,)* (,)*& > ;8 ( ' * '8',6
6?8( ' ( C@?) P'(& ' *8* 6,:8() 2" > 2#
6*,',.
E* 6& ( ?8(
;8 ' U68?8>& * ,6, (>* '(* ' =(').
E' 8',) (
*,68,86 ( ,) * ( ,6( (*7@'
;8=6 )()*& 8(=( > 7)6,8,& **, '
6' *', ( (> ('. E' C( *
8,( ( ) Fse 3resume rudu!entF& ' =) '
P6?8> F3odr; 2onsiderrse do!osF.
E' 6(@' (
6)',) 6',', ( 8 ( ;8=6
8 6(6 8' 6(7@' ( ;8=6 > *
( *, 8(=( ) 7688(',& ()* ',',*
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 116/128
*' *6 )'))* )6 ( * 6'( 6
'6 ( '*,?@'. S' =6?)& *?+' (
6,:8() 1! 66 ;8 ( (7@' ( 8
;8 (6 ( ;8=6& ') )=*, 6 86 )'*
6,', ', ( J8 ( C6'.
L)* ,)* ;8=6
8(=( > 7688(', *,<' *,68,86)* ' =*
8' *8:*, )' 6* @,** *)' )8'*
,))* ()* :**& )6 . ( )8(,@' ='*&
8(,6@' =('*& ,.
E' P6?8> 66
;8 ( =' 86:) 6),?) ' *,)* (,)* * (
,6)') ()* 6)6*& > ;8 ',6* <*
?6 * ( 68) ()* 6)6*& ,',) <* *
( ',69* > ( 6?)6 ( (> ' *,?6(). E(
6,:8() 2!$ ( C@?) P'(& *: () 8*,6 Fsi !
3rdid o2siond !os 2reedores no !!egre un
)9 s4!o se 3ro2eder; 2rimin!mente Guere!! de
3rte interesd trnsorm;ndose ! 22i4n 3?5!i2
en 3rivdF.
E(() ,=9' *
)'76) )6 ()* 6,:8() 2" > 2# ( C@?)
P'(& ' ( ;8 (* '* 6 *,)* (,)* '
','6: )8,& 6@' 8' * )6
;8'',)* ( *)* ( *) ( *) 67)
*)=6 ( ,) 6(=(& '=(,@' *(
' *) ;8=6 7688(',& > ( ,66 6,
( *'@' 6 ( ;8=6 8(=(.
B(ASIL
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 117/128
E' B6*(& ( ?8(
;8 ' ( (?*(@' ('& ( ;8=6 > ()*
(,)* *)' ,6,)* ' 8' (> *( ;8 *,<
)',' ' ( C@?) C)6). E( D6,) (>
!.1 ( 0) 1#45 (() FLey de 0!en2isF * (
;8 * '6? ,6,6 ( ;8=6 > 8',) ((
)',' > *')' ()* (,)* ;8=6 ' (
T:,8() I =) ( ')=6 F&e !os Cr7menes
0!en2i!esF& 6,:8() 1" 1## ( ')' (>.
C= *0(6 ;8 (
(> =6*(0 ') 8' *,'@' ',6 ;8=6
7688(', > 8(=(. S@() * (, *,=(6
;8 ,6'* )'8,* *6<' *')'* )' 8'
' >)6 ;8 ),6*.
E( ,) '( *,<
*,68,86) ( ?8( ;8 ' ,)* (* (?*()'*&
' =* 8' *8:*, )6 8' *6
@,** ;8 )'866' ' ( 7('. E*,*
@,** *)' *(6* (* <* (?*()'*.
E' 8',) ( ='
86:) 6),?)& 9*, ') 6*8(, (6) ( ,')6
( (>& 6) ( 66 *6: ( ,6)').
CAPI'ULO IV
".% 0ISCALIA NACIONAL &E ,UIEB(AS
L F*(: N)'(
Q8=6* ,' )) )=,)* 78'',(*& (
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 118/128
*86?(' > )',6)( (* ,8)'*
86:*& '*,6,*& )',=(* > 7''6*
;8 *66)((' ()* S:')* ( N@' N)'( '
()* 6)*)* Q8=6 ;8 (* ' *) *?')*.
E' ( <=,) '( ( )66*)' 6,6
,', ' ,))* ()* 6)*)* (7@'
;8=6* 6*,) ()* 8(* * 8 ,6'6 (
*,' (,)* )'86*(*& *: )) (
6*)'*=( ;8 ()* *8,)* ,)* 8
8,<6*(.
E' ),6) )6'
*& ( )66*)' ( F*(: N)'(
Q8=6*& 6=,66 ,)* (* * )6'
86:)& 6?(',6) > '*,6,) ;8 6,'
8' '< *8*,',@' > ,@' ( **,
,69* ( ,). A*:& * =6 ( F*(:
**)66 ( M'*,6) J8*,& ' ,6* *8
),'& > 6))'6 ( 8,) (* 67)6*
(?(* > 6?(',6* ;8 *' )'*=(*
',6)86.
A)6 ='& ' 8',)
( 6)*) '( (7@' ( ;8=6&
'8= ( F*(: N)'( Q8=6* ',6)'6
(* )'* *,=(* ' ()* 6,:8()* 222 >
*?8',* ( L> 1".1!5& 8') 8) (
)6?'*) 7*()6& *,6' ',',*
78')* ;8 6,' 6*86 ( )*@' (,)*
)'86*(*& )6 6, ()* 7(()* )6')*
' ( 6,:8() 41 ( L> ;8=6*. P6 *,)*
7,)* ( F*(: 6,6< (* 78(,* ;8 (
)'76 ( '*) 2 ( 6,:8() 225 ( L>
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 119/128
Q8=6* ' 6(@' )' ()* ,:,8()* 6*,)* (
C@?) P6)',) P'(. P6 6 8(',)
*, ',) (?( ( F*(: N)'( Q8=6*
8', )'
U' 6,',) A8,)6: C)',=( ;8 *
'6?) 6(6 8' ?'@*,) )',=(
6*,) ()* ',',* '8,)* )6 (
*:').
= U' 6,',) 86:) '( )' * 6,
( '<(** ( @' '(& ,6'') (
',8( *,' (:,)* )'86*(*. E'
*, +(,) *)& ( @' '( * ,6(
,69* 8' '8' ;8 6, (
F*(: ' ( T6=8'( ( C6' ),',.
).% ASPEC'OS P(OCESALES &EL JUICIO &E
CALI0ICACION
E( ,:,8() III (
L> Q8=6* 6?8( ()* (,)* 6()')* )'
(* ;8=6* > ( 6)',) (7@' (
;8=6 )6 ( ,6=8'( ( 6'& ')6* 9*,*
(=(* ( ;8=6 ()* 8)6* ;8 6'
8' , )6(& '8*,6(& '6 )
?6:)(.
C)'7)6 ( 6,:8()
222 ( L>& ( ,6=8'( ( ;8=6 ;8 ')
,86 86*@' ' () 6'(& 8') *, ;8
8 )'7?86* (?8' (* 6*8')'* (,)
;8 (( * )',(& )76< ( 8 ( 6'
)'') ' *8 )')',) ( (6@' ;8=6.
I?8( )8'@' =6< 7,86 8') () *)(,
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 120/128
( F*( N)'( Q8=6* ) ( J8',
A6)6*.
E*, )7) ) 8'
) ( 6*)(8@' (6,)6 ;8=6& ?6?
( 6,:8() 223& * ,'6< )) 8,)-= 6)*)
> )' *, ',', ( 8 = 6)6
'*,686 *86)& 7' '?6 * ( 7(() )
8(;86 ),6 6*)' *)' 6*)'*=(* (?+'
(,) 6()') )' ( ;8=6.
E*, 6)',)
,' )6 7'( *,=(6 ( (7@' ;8
6 ( ;8=6& *,) *& * 9*, * 7)6,8,&
8(=( ) 7688(',. E' ( 66 *88*,) (
T6=8'( ,6< *)=6*',) 7',) ' ()*
*)* 6*,',* ((6< (', ( 6)',)
7' )''6 ' 7', ;8(()* ;8
6*8(,' 6*)'*=(* )'7)6 ( L>.
D ()* ',6)6&
6*8(, (6) ;8 6 ;8 > (8?6 8' 6)*)
6'( )'7)6 ( ,:,8() III ( L>
Q8=6*& * 6;8*,) *' ;8')' ;8 ( ;8=6
* 8(', (6. L) ',6)6& )6 8',)
*',' )'*,,8> 8' )'@' )=,
8'=(.
E' (?8')* 6)*)*
(7@' * *)*,')& ;8 ( 6)',)
'(& *@() 8 '6* =) (* )')'* ;8
*,=(' ()* 6,:8()* 222 > 223 ( L> 1".1!5&
676* 6 ;8(()* *)* ' ;8 ( ,6=8'(&
7/21/2019 Insolvencia Punible
http://slidepdf.com/reader/full/insolvencia-punible 121/128
6') 86*@' ' () 6'(& =
)8'6 ( (6,)6 ;8=6 ( ,6=8'( (
6'& 6 ()* 7,)* ( (7@' *,
*)*@' ?6? ;8& ?8( )8'@' =6<
7,86 ( ,6=8'( 8') () *)(, ( J8',
A6)6* ) ( F*( N)'(.
E' 78'@' () ;8
( , ')6 *)'& * 6:) ;8 ,(
)8'@' )'*,,8> )6 * 8' )'@'
6)*=( >& ' )'*8'& ;8 ( *86)
6)) ( P6)',) P'(& ') )6: '*,686*&
' ,',) ') * 9 86*) ( )7) ')').
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')* 6 8' 6*,6, ',66,@' ') *@()
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A (ESPEC'O &E LA LE- "$."K9.
1.- E( 6,:8() " ' 2 ( L> ( 6)& 78(,
( F*( N)'( ;8=6* 6 '6&
8') () *, '*6)& ()* (=6)*& 8',*&
6)*& )8',)*& )',=( > ='*
( 7((. A( )'6 *, 78(, ( F*(
N)'( Q8=6*& ( (?*()6 ;8*)
'*8,=(', ;8 9*, 6,6 8'
'<(** ()* (=6)* )',=( > <*
',',* 7''6)* > '*,6,)* (
7((& )' ( )=,) * * ,,= (?+'
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) ;8 6*,6 ()* 6,6* (,)&
( @6?') )',6()6 '8'6 *, )
)'9')() ' )')',) ( T6=8'(
),',.
2.- E( 6,:8() " ' ! ( L> ( 6)& 78(,
( F*( N)'( Q8=6* 6 ,86
)) 6, ' ( 8) 6'( ')
)'7)6 )' (* *)*)'* ( T:,8()
III
3.- E( 6,:8() 225 '. 1 ( ( L> )'86*(
*,=( ;8 ( ( 6, ( F*(
N)'( Q8=6* *86? * ;8 * 6*)'
( 8)& *' '* 7)6(6 ;86((.
4.- L ,@' '*,686 *86) ;8 6, (
F*(: N)'( Q8=6* 8(& 8' )=(
7'( '8'6 ( )*@' )* ;8
6*,' 6,6* (,)* 6*?8=(*
)7) > <*& )'*,,8> *87', 7)6
6*)'6* ( 8).
5.- E( 6,:8() 223 ( L> *,=( (6',
;8
U' )7) ( 8 ( ;8 ') ,86
86*@' ' () 6'(& )8'')
( 8 ( 6' ( (6,)6
;8=6 * ,'6< )) 8,) =
6)*)& @
= U' ) ( 6*)(8@' ;8 (6 (
;8=6 * ,'6< )) 8,) =
6)*) > ;8 )' )* ',',* >
*' *66 ( )6' ( F*(
6)6< '*,686 *86).
.- C ;8 ( F*(: *)(, ( 6,86
( 6)*) (7@' & * )8'
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)7(', ( T6=8'( ( C6' 6*,)&
( (6,)6 ( ;8=6 K) (
*',' ) ),6 *(6. S)=6 ( 6,8(6
6)6)* ;8 ( F*(: N)'( Q8=6*&
)) )6?'*) +=()& *,< *87',',
=(,) 6 '7)66 ;89 6*)'* ',86(*
) 86:* * '8',6' (6* ' ;8=6&
,) ;8 )6 ',) (?( = ((6* 8'
6?*,6) (* ;8=6* (6* ' ,)) (
:*.
B (ESPEC'O &EL CO&I*O &E P(OCE&IIEN'O PENAL
1.- E( 6,:8() "4 ' 3 ( C@?) P6)',)
P'( )' ( )=(?@' ( F*( N)'(
Q8=6*& ' *8 6<,6 () +=()&
'8'6 ()* 6:'* ) *(* (,)* ;8
,) )')',) ' ( 6) *8*
78')'*.
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)=', * '8',6 6*', ( @'
'( +=(& ' ()* ,96')* ( 6,:8() 11
( C@?) P6)',) P'(& 8>)
6) ( )66*)' ( F*( N)'(
Q8=6*& ;8' )6 ',) (?(& =
'*,?6 '*,6,', ()* )* ;8
8' *6 )'*,,8,)* ;8=6 (:,
6<,6 7688(',) ) 8(=(. E' ( 6)
& ,( @' = 6)866 ( *,?) (
8(=( )6 ',6) ( @6?')
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'8( ()* 6)6*& )6 ( 6
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,),( ) 6( *8* 69,)* & *') ;8
,=9' ( ',69* )(,) ( )8' &
66*',) )6 ( ,6)6) ( )'): '
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+=( )) 6') 7)6,) (
*?86 ()* '?))* & ;8 )'*,,8>'
='* 86:)* ',8(', 7,)* ' (*
;8=6 > ' ( )*@' ()* (,)*
)'86*(*
C (ESPEC'O &E LA JU(ISP(U&ENCIA
L C)6,
A()'* S',?)& )')') ' )'*8(,
(?8')* *)=6*',)* ,)6(* 8> 8*( 6
6*', ( )',( ' ( 6,:8() 4$# ' 4
( C@?) P6)',) P'( 6*)(@
'6=(', () *?8',
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( 6,:8() 41 ( L> 1".1!5 8 *6
7)6,8,& 8(=( ) 7688(',. A(
7,) L> *,=( (*
6*8')'* )','* ' *8* 6,:8()*
21#&22$ > 221
SE*UN&O: Q8 ,',) ( ;8=6 8(=( )) (
7688(', *)' (,)* > 9*,)* )')
( 8*, ( 6'
'E(CE(O: Q8 )6 (()& ( 6,:8() 222 ( L>
,& *)' ;8 * ( ,6=8'( (
;8=6 ') ,86 86*@' ' ()
6'(& )76< ( 8 ( 6'
)'') ' *8 )')',) (
(6,)6 ;8=6
7/21/2019 Insolvencia Punible
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CUA('O: Q8 ( (66 ( ;8=6 & ( 8 (
* (,) *,=(6 ()*
6*88*,)* *8 6*)(8@' > ') ,'
),' (?8' 6 ,6 8' 8)
()6 ;8 )66*)' ( 86*@'
' () 6'(.
Q 'odos estos !!os se di2tron 3or ! Corte de
A3e!2iones de Sntigo 2on e2@ "+ de Junio de
"#$9 siendo idnti2o e! 2ontenido de stosQ
A**)& *,
86*68' * ',') )6 ( I. C)6,
A()'* S',?)& *: () 8*,6' ()*
*?8',* 7(()*
FVistos y teniendo 3resente:
Q8 ( 6,:8() 222 ( L> ;8=6* ') ?
)) 6;8*,) 6 '6 8' 6)',) )6
(7@' ;8=6& ( )8'@' ( 8
( ;8 ( (6& * *' 7,) (
*)=6*',) ,)6( ,6 >) ( 0) '
86*) *6,) 7)* 31#& > * ;8 * 6)'
( 8* ( *,) *86) =') *?86 ( 8
;8) )' ( ,6,@' 6?8(6 ( 6)*)& )) '
6) )66*)'.
Q 0!!o di2tdo 3or ! I!ustr7sim Corte de
A3e!2iones de Sntigo 2on e2@ "$ de Ju!io de
"##8Q
FVistos y teniendo 3resente:
7/21/2019 Insolvencia Punible
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Q8 ()* 6,:8()* 222 > 223 ( L> ;8=6* ')
' ;8,) *8 6<,6 +=( ( @' '(
6 6*?86 () (,)* ;8=6 8(=( >
7688(',& * 6) ( 6*)(8@' ( )'
=6( *, 0)& *6, 7*. !4 >& ' *8 (8?6
* 6*8( ;8 * 6)' ( 8* ( *,)
*86) =') 6)*?86* ( '*,?@'.
Q 0!!o di2tdo 3or ! I. Corte de Sntigo 2on
e2@ ) de Junio de "##9Q
BIBLIO*(A0IA
".% VA(ELA VA(ELA (AUL D6) C)6(& E,.
U'6*,6& 1#5#.
7/21/2019 Insolvencia Punible
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).% SAN&OVAL LOPE/ (ICA(&O& M'8( D6)
C)6(& E,. J86: C( ,). III 3
.
+.% PU*A VIAL JUAN D6) C)'86*( D(,)* (
Q8=6& E,. J86: C( 1 .
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8'=(*& E, A*,6& B. A6*& 1#"#.
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, ,6,) ' ( R*, D6) E)'@)
N2& A6?',' 1##.
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( Q8=6 ' ( P6)*) P'(& E, E8'*.
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P'(& E,. J86: C(& 1. 1#"!.
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86*68' > 6) )6)& E,.
J86: C(& 1 .& 1##.
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Q8=6& E. J86: C( 1#5".
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Comer2io C@i!eno& ==(), ( C)(?)
A=)?)* C(.
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J86:& 2 .& 1##4.
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C(')& E,. E6 C)')*86 2 .& 1#"5
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J86: C(& 13 .& 1##2.
"9.% CO&I*O &E P(OCE&IIEN'O PENAL &E LA (EPUBLICA &E
C1ILE& E,. J86: C(& 11 .& 1##$.
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http://slidepdf.com/reader/full/insolvencia-punible 128/128
".% CO&I*O CIVIL &E LA (EPUBLICA &E C1ILE& E,.
J86: C(& 1$ .& 1##$.
"K.% CO&I*O PENAL &E LA (EPUBLICA A(*EN'INA
"$.% CO&I*O &E COE(CIO &E U(U*UA-
"#.% LE- &E ,UIEB(AS &E PA(A*UA-
)M.% LE- &E 0ALENCIAS B(ASILEA
)".% LE- &E ,UIEB(AS &E LA (EPUBLICA &E C1ILE
F&ELI'O &E INSOLVENCIA PUNIBLE F