Work Area: Insolvency & Restructuring

BMA nabs restructuring partner from Tauil & Chequer

Brazilian firm BMA - Barbosa, Müssnich, Aragão has hired a partner from Tauil & Chequer Advogados in association with Mayer Brown, bolstering its restructuring and insolvency group.

03 November 2021

BMA steers shopping centre reorganisation

BMA - Barbosa Müssnich Aragão has helped Brazilian shopping centre operator Iguatemi Empresa de Shopping Centers and Jereissati Participações complete a corporate reorganisation, worth some 1.9 billion reais (US$345 million), to form a new single business.

29 October 2021

Larrain and Baker McKenzie in power loan restructuring

Chilean transmission line operator Transchile Charrúa has enlisted Larrain y Asociados to restructure a loan and get new funds, in a deal worth US$115 million.

29 October 2021

Banco Inter to list shares on Nasdaq through reorganisation

Demarest Advogados and Machado Meyer Advogados have helped Brazil’s Banco Inter in a corporate reorganisation that will allow the bank to list its shares on the Nasdaq stock exchange in New York.

25 October 2021

Several firms help Avianca land DIP-to-exit financing

Milbank in New York, Gómez-Pinzón in Bogotá and Morgan & Morgan in Panama City have helped Colombian airline Avianca obtain a US$1.05 billion facility that will help it exit its existing debtor-in-possession (DIP) financing.

22 September 2021

Buenos Aires province restructures US$7.2 billion debt

The province of Buenos Aires has hired three offices of Cleary Gottlieb Steen & Hamilton LLP and DLA Piper (Argentina) to restructure US$7.2 billion worth of debt, which it defaulted on more than a year ago.

17 September 2021

Dentons appoints LatAm partner to lead BVI office

Global law firm Dentons has hired a former Harneys partner to lead its office in the British Virgin Islands, bringing Latin American experience to the role.

15 September 2021

Raízen and Biosev complete tie-up with US$1.3 billion restructuring

Brazilian sugar ethanol producer Biosev has enlisted Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados and FLH Advogados to renegotiate its debt pile of 7 billion reais (US$1.3 billion) with a syndicate of 15 lenders, to fulfil the obligations of its merger with Brazilian energy company Raízen.

14 September 2021

Mexican hotel group restructures debt in US pre-pack process

Mexican hotel operator Grupo Posadas has entered an agreement with creditors to restructure US$393 million worth of notes through a pre-packaged process in the US.

25 August 2021

Chilean car importer completes Chapter 11 restructuring

International noteholders of Chilean car importer Automotores Gildemeister have completed a debt-for-equity takeover of the company through a pre-packaged Chapter 11 plan approved in New York.

20 August 2021

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