Work Area: Insolvency & Restructuring

Six firms help Argentine province of Chubut restructure debt

The Argentine province of Chubut has hired DLA Piper LLP in New York and Buenos Aires to reach a restructuring agreement for US$650 million worth of international debt with bondholders.

04 January 2021

Mexican firms in US printing company buy

Willkie Farr & Gallagher LLP in New York and González Calvillo, SC in Mexico City have helped US private equity company Atlas acquire US printing company LSC Communications, allowing the target to exit chapter 11 proceedings.

17 December 2020

Neuquén becomes latest Argentine province to restructure debt

Cleary Gottlieb Steen & Hamilton LLP in New York and Buenos Aires and Tanoira Cassagne Abogados in Buenos Aires have helped the Argentine province of Neuquén restructure international notes worth US$683 million.

11 December 2020

Peruvian microfinance lender restructures debt

Rebaza, Alcázar & De Las Casas in Lima has helped Peruvian microfinance company Edpyme Acceso Crediticio restructure debt worth US$210 million.

08 December 2020

Pinheiro Neto promotes five to partner

Pinheiro Neto Advogados has announced the promotion of five lawyers to the partnership in preparation for 2021, during which managing partner Alexandre Bertoldi believes Brazil’s economy will bounce back from a troubling year.

01 December 2020

Brazilian senate approves long-awaited bankruptcy law

Brazil’s senate has approved a long-tabled bankruptcy law, which is set to introduce cross-border provisions based on the United Nations Commission on International Trade Law (UNCITRAL) Model Law to the country’s regime.

01 December 2020

Córdoba restructures international debt

Argentina’s second largest city, Córdoba, has hired Hogan Lovells LLP in New York and Houston and Córdova Francos Abogados in Buenos Aires to restructure US$150 million worth of foreign debt, following in the footsteps of the federal government and the province of Mendoza.

24 November 2020

US restructuring specialist B Riley opens in Mexico

B Riley Advisory Services, which formally completed a merger with turnaround firm GlassRatner this year, has opened a new office in Mexico in partnership with Brazil’s TCP Partners.

13 November 2020

Mendoza becomes first province to follow Republic with debt restructure

DLA Piper LLP in New York and Buenos Aires has helped Mendoza become the first Argentine province to restructure foreign debt – amounting to US$590 million – after the federal government sealed a landmark debt restructuring with bondholders last month.

19 October 2020

Brazil’s TIM completes US$5.5 billion merger amid restructuring

Brazil’s Veirano Advogados has advised on a 31 billion reais (US$5.5 billion) merger between telecoms giant TIM Brasil and its holding company TIM Participações as part of the group’s reorganisation.

16 October 2020

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