Work Area: Insolvency & Restructuring

Hogan Lovells behind Mexican municipality loan

Hogan Lovells (Mexico) has helped the Benito Juárez municipality obtain three loans totalling US$61 million to refinance debt.

04 November 2019

Felsberg advises Renova Energia in São Paulo restructuring

Felsberg Advogados is advising the Brazilian renewable power group Renova Energia in its restructuring proceedings filed last week, after it failed to sell off indebted wind farm projects.

30 October 2019

Brazil’s Grupo Moreno files for 2 billion reais bankruptcy protection

Felsberg Advogados is helping Brazilian sugar and ethanol maker Grupo Moreno file for judicial recovery, as the company seeks bankruptcy protection for debt totalling 2 billion reais (US$486.4 million).

25 October 2019

Brazil-Korean steel mill restructures US$3.1 billion loan

Allen & Overy LLP in São Paulo and Vieira Rezende Advogados in São Paulo have helped steel mill project Companhia Siderúrgica do Pecém (CSP) restructure a US$3.1 billion loan with development bank BNDES and a Korean-led syndicate of international lenders.

24 October 2019

Carey and Larrain in Chilean mining refinancing

Carey has helped Minera Valle Central, the Chilean subsidiary of Canadian miner Amerigo Resources, refinance part of a loan it previously obtained to build a new waste-processing facility.

14 October 2019

Felsberg advises Brazilian state bank on Odebrecht liquidation application

Felsberg Advogados is representing a Brazilian state-owned bank that has asked for scandal-ridden construction group Odebrecht to be liquidated, arguing that a restructuring plan tabled by the company is unlawful.

09 October 2019

Argentine manufacturer restructures debt with 12 banks

Curtis, Mallet-Prevost, Colt & Mosle LLP in Buenos Aires has helped Argentine electronics manufacturer BGH restructure a US$48 million aggregate debt pile with 12 banks.

04 October 2019

BMA and Tauil & Chequer in Queiroz Galvão metro debt restructure

Creditors Santander, BTG Pactual, Banco Crédit Agricole and Banco ABC Brasil relied on Tauil & Chequer Advogados in association with Mayer Brown.

02 October 2019

Mexican telecoms company’s Chapter 11 plan approved

A Mexican telecoms company has secured approval of its Chapter 11 plan from a New York court, after resolving issues with a noteholder group over debt issued during a previous bankruptcy.

27 September 2019

Odebrecht construction arm reaches out-of-court deal

The construction arm of Brazil’s Odebrecht Group has reached an out-of-court restructuring deal, with bondholders set to take a 55% discount.

24 September 2019

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