Pérez Bustamante & Ponce (PBP) in our news

LATAM completes Chapter 11

A slew of US and Latin American firms have helped LATAM Airlines exit from its Chapter 11 proceedings, putting an end to a landmark cross-border restructuring that began over two years ago.

09 November 2022

Who is in LACCA Approved 2023?

The Latin American Corporate Counsel Association has released the latest edition of LACCA Approved. Read on to find out who Latin America’s leading private practitioners are and which law firms received the most votes.

01 November 2022

PBP promotes three to director in Ecuador

Pérez Bustamante & Ponce (PBP) has strengthened its tax, competition and disputes practices in Quito by promoting three associates to director.

11 October 2022

Macquarie-Odinsa airport platform lands in Colombia and Ecuador

The Latin American-focused subsidiary of Australian investor Macquarie has called on three Gibson Dunn & Crutcher LLP offices, DLA Piper LLP in Madrid and Bogotá, and Ecuador’s Bustamante Fabara to structure an airport investment platform with Colombian infrastructure company Odinsa in a deal worth US$142 million.

10 October 2022

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

LatAm firms deliver global customer experience merger

Six offices of Cuatrecasas, Allende & Brea in Buenos Aires, four offices of Central American firm Alta and Pérez Bustamante & Ponce (PBP) in Quito have helped multinational customer experience company Majorel acquire Madrid-based counterpart Findasense, including the target’s operations in Latin America.

22 September 2022

Phoenix Tower refinancing calls on LatAm counsel

Locke Lord LLP in Boston and New York and Latin American firms have helped US telecoms group Phoenix Tower International restructure several loans held by its Latin American and US subsidiaries and package them into one single US$2 billion facility, including an acquisition financing it recently obtained to buy Chilean tower assets.

31 August 2022

Ecuador fines medical supply providers in bid-rigging ruling

Ecuador’s antitrust enforcer has fined five companies for rigging public tenders for medical supplies in a decision that has sparked controversy over how the authority assessed their corporate structure.

22 August 2022

Peruvian airport gets cross-border loan

Three Latin American firms have helped Peruvian airport services provider Talma obtain a US$135 million financing to repay existing debt.

27 June 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

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