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Unequal access to restructuring behind crash in Chapter 15 filings

Freedom Film LLC/Christopher Lazzaro

Any Latin American debtor with a view to the “long game” knows that a Chapter 15 filing is the best way to achieve legal certainty – but a disparity in access to restructuring between big and small debtors has led to a decline in use of the instrument, according to speakers at the Latin Lawyer – GRR Live 2nd Annual Restructuring Summit, held in New York earlier this month