Work Area: Aviation

Lefosse Advogados has helped Brazilian low-cost airline GOL absorb its loyalty programme business Smiles Fidelidade as part of a corporate restructuring, in a deal worth 2.5 billion reais (US$441 million).

13 April 2021

Pillsbury Winthrop Shaw in New York and Nantes Mello Advogados in São Paulo have helped Brazilian low-cost airline Azul transfer two Embraer aircraft to US counterpart Breeze.

30 March 2021

Florida-based Eastern Airlines has hired Ferrere (Paraguay) to obtain permission to set up a regular commercial route for passengers, cargo and mail between Miami and the Paraguayan capital of Asunción.

10 December 2020

Shearman & Sterling LLP in New York and Pinheiro Neto Advogados in São Paulo have helped Brazilian airline Azul issue convertible debentures for US$300 million to replace an alternative funding proposal from local development bank BNDES.

01 December 2020

Multiple international and Latin American law firms have helped in the closing of LATAM Airlines’ US$2.45 billion debtor-in-possession (DIP) financing, after overcoming several judicial hurdles.

14 October 2020

US firm Milbank and Gómez-Pinzón in Bogotá have helped Colombian airline Avianca obtain a US$2 billion debtor-in-possession (DIP) financing, after getting approval from a New York bankruptcy court.

13 October 2020

A New York court has rejected a US$2.4 billion debtor-in-possession (DIP) loan secured by Chilean airline LATAM from its shareholders, finding it had the effect of forcing an equity swap in a future restructuring.

17 September 2020

LATAM Airlines Brasil has joined in the New York Chapter 11 proceedings of its South American parent, as the group secured recognition of its US bankruptcy in Chile and Colombia. By Teodor Teofilov

13 July 2020

Featured in Covid-19: reporting on a crisis

This year has turned out significantly different than expected. The spread of covid-19 has triggered what may be the worst public health and financial crisis in modern history. Many industries are suffering severe consequences, but among the worst hit is the aviation sector. Machado Meyer Advogados partners Fabio Falkenburger and Marina Estrella, and lawyer Vitor Barbosa discuss the uncertain market scenario for airport concessionaires in Brazil and find that broader measures are needed to save the industry.

29 June 2020

Hot on the heels of the Colombian airline Avianca, Latin America’s largest passenger airline LATAM has also become a US “bankruptcy tourist” - and has filed recognition proceedings in Chile and Colombia, as well as a parallel process in Peru. By Cristina Brooks

01 June 2020