Susana Hidvegi
Attorney
Current Position
HB Legal
Riveron
Bogota, 110231
Colombia
Email: shidvegi@hblegal.com.co
She obtained her Law degree as well as a specialization in Finance Law from Universidad del Rosario, Bogota. Additionally, pursued an LL.M. in Business and Bankruptcy Law at the University of California in Los Angeles (UCLA) and is admitted to practice law in Colombia and the State of New York. She is an Insol Fellow.
Until December 2021, she was the Superintendent of Bankruptcy Proceedings in Colombia (Chief Justice of Bankruptcy of Colombia), and currently works as advisor in business insolvency, complex litigation, and arbitration.
Between 2019 and 2021, she represented the Republic of Colombia at the United Nations Commission on International Trade Law (UNCITRAL) Working Group V (Insolvency Law). During her participation, some relevant documents were approved: UNCITRAL Model Law on Enterprise Group Insolvency with Guide to Enactment (2019) and the Legislative Recommendations on Insolvency of Micro and Small Enterprises (2021).
Before taking office as Chief Justice of Bankruptcy of Colombia, she was the head of the Insolvency practice at Brigard Urrutia Abogados in Colombia, worked as international associate at Dechert LLP in New York City, and clerked for the International Court of Arbitration of the International Chamber of Commerce in Paris.
She led the reforms to the bankruptcy regime to address the effects of the Covid-19 crisis and, as a result, the Government of Colombia issued Legislative Decrees 560 and 772 in April and June 2020 and the subsequent regulations, which ultimately became permanent legislation by means of Law 2437 of 2024. These rules provided for the creation of extra-judicial bankruptcy proceedings, the incorporation of artificial intelligence tools to the administration of bankruptcy cases by the court, and the creation of a simplified insolvency regime for small enterprises. Susana is a mediator at the Chamber of Commerce of Bogota for business recuperation proceedings.
Susana is a lecturer of bankruptcy law at several universities, including Universidad del Rosario, Universidad Javeriana and Universidad de Los Andes, and has participated in multiple projects with organizations such as the World Bank and Insol.
She 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.