Insolvency Institute

Susana Hidvegi Arango

Susana Hidvegi Arango's picture


Bogota DC,

Secured Transactions


Susana was tbe Superintendent of Insolvency Proceedings in Colombia (Chief Judge of the Business Bankruptcy Court for the entire country) between December of 2018 and December 2021.

As Superintendent of Bankruptcy Proceedings, she participated in the drafting process of the reforms to the bankruptcy regime to address the effects of the Covid-19 crisis. As a result, the Government of Colombia issued Decrees 560 and 772 in April and June, 2020. These rules provided for the creation of a pre-judicial bankruptcy proceeding, the incorporation of artificial intelligence tools to bankruptcy cases, and the creation of a simplified insolvency regime for small enterprises.

Mrs. Hidvegi was the Delegate to represent the Republic of Colombia at the United Nations Commission on International Trade Law (UNCITRAL) Working Group V (Insolvency Law) during 2019, 2020 and 2021. During her participation, some relevant documents have been approved: UNCITRAL Model Law on Enterprise Group Insolvency with Guide to Enactment and the Legislative Recommendations on Insolvency of Micro and Small Enterprises.

Mrs. Hidvegi obtained her Law degree as well as a specialization in Finance Law degree from Universidad del Rosario, Bogotá. Additionally, she pursued an LL.M. in Business and Bankruptcy Law at the University of California, Los Angeles.
She has been a lecturer of bankruptcy law in several postgraduate programs at and has also participated in numerous national and international conferences as lecturer and panelist on insolvency, and has published several papers and articles on bankruptcy law.

She has participated in several projects with organizations such as the World Bank, INSOL and the International Association of Insolvency Regulators (IAIR).
Mrs. Hidvegi is admitted to practice law in Colombia and the State of New York.

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