A New York judge has granted “urgently needed” interim relief to Brazilian oil and gas driller Serviços Petróleo de Constellation, to ward off creditors as it struggles to restructure nearly US$1.5 billion in debt.
Stocche Forbes Advogados has promoted two lawyers to partner and one to counsel, boosting its litigation, restructuring and corporate practices and offering partner-led services in white-collar crime for the first time.
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.
Claudette M Christian and Joshua B Press
Anthony S Harrington
Albright Stonebridge Group
These firms have professional notices in the Latin Lawyer 250