Claro & Cía in our news

New York court blocks PJT restructuring fee in LATAM Chapter 11

Despite claiming the duration and complexities of its Chapter 11 case were unforeseen, South American airline LATAM has failed to convince a New York court to let it pay its investment banker PJT Partners an additional US$12 million restructuring fee if its plan becomes effective.

22 September 2022

UK car dealer Inchcape buys Chilean counterpart Derco

British automotive company Inchcape has enlisted Herbert Smith Freehills in London, Claro & Cía in Santiago, Brigard Urrutia in Bogotá, Bolivian firm PPO Abogados and Rodrigo, Elías & Medrano Abogados in Lima to acquire Chilean counterpart Derco for £1.3 billion (US$1.5 billion).

11 August 2022

HIG Capital invests in Chilean cleaning products maker

US investment fund HIG Capital has enlisted Rebaza, Alcázar & De Las Casas in Lima to acquire a majority stake in Chilean cleaning product manufacturer Virutex Ilko.

08 July 2022

LATAM Airlines wins Chapter 11 plan approval

Over two years after it sought Chapter 11 protection in New York, LATAM Airlines has received court approval of a restructuring plan that will facilitate the injection of about US$8 billion through a capital increase, the issuance of convertible bonds and new debt.

22 June 2022

Alto Maipo gets court approval of Chapter 11 restructuring

Chilean hydroelectric project operator Alto Maipo has had its Chapter 11 plan approved by a Delaware court, after the company modified language related to third party releases in response to an objection by the US trustee.

08 June 2022

LATAM obtains US$3.7 billion super-priority DIP financing

Several international and Latin American law firms have advised on LATAM Airlines' US$3.7 billion super-priority debtor-in-possession (DIP) loan.

27 April 2022

Chile’s HIF Global obtains decarbonisation-focused investment

The New York and Chicago offices of Latham & Watkins LLP have helped Chilean energy group HIF Global raise US$260 million in an equity investment to fund the global expansion of its decarbonisation business.

19 April 2022

Several firms help Chile’s GNL Quintero get new owners

Two White & Case LLP offices, Linklaters in New York and Brussels and Chilean firms Guerrero Olivos and Barros & Errázuriz Abogados have advised on EIG and Fluxys’ joint acquisition of GNL Quintero – the largest liquefied natural gas (LNG) regasification terminal in Chile.

01 April 2022

Equinix acquires four Entel data centres in Chile and Peru

Chile’s largest telecoms company Entel has turned to Claro & Cía in Santiago to sell four data centres in Chile and Peru for US$705 million to US internet services and data centre group Equinix.

25 March 2022

Deal of the Year 2021: the full shortlist

Latin Lawyer will announce the winners of the 16th annual Deal of the Year Awards on the night of our charity awards ceremoney at Hotel Unique in São Paulo on Thursday 5 May.

17 March 2022

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