Thomaz Bastos, Waisberg, Kurzweil Advogados and Pinheiro Neto Advogados have helped Máquina de Vendas close a deal to restructure its 3 billion reais debt (US$779 million), in what is thought to Brazil’s largest ever debt restructuring by a retailer.
Felsberg Advogados has strengthened its corporate team, promoting a distressed M&A lawyer to partner as part of the firm’s strategy to grow clients and revenue by 30% in two years.
Simpson Thacher & Bartlett LLP’s David Williams built his legal career in Latin America off the back of early exposure to the region, managing to successfully navigate his firm’s Latin American practice through a constantly changing political and economic environment. He is 2018’s recipient of Latin Lawyer’s International Lawyer of the Year Award.
Brazilian restructuring lawyers have called for better debtor-in-possession (DIP) financing provisions and more ways to protect restructuring plans from challenges in Brazil, as US colleagues showed confidence they would get there.
Sergio J Galvis, Robert J Giuffra Jr and Werner F Ahlers
Sullivan & Cromwell LLP
Jack Devine and Amanda Mattingly
The Arkin Group
These firms have professional notices in the Latin Lawyer 250