Work Area: Aviation

Nader Hayaux lands airport security bid in Mexico

Nader, Hayaux & Goebel has helped a four-company consortium enter into a US$40 million agreement with the Mexican Ministry of Defence to provide airport security services to the Aeropuerto Internacional Felipe Ángeles (AIFA).

23 January 2023

Vinci-backed airport concessionaire gets financing in Brazil

Mattos Filho has helped a Vinci Airports-backed concessionaire, which operates seven airports in northern Brazil, obtain a 1.35 billion reais (US$261 million) financing package.

18 January 2023

Baker McKenzie promotes in Mexico and New York

Baker McKenzie LLP has promoted nine lawyers to partner across its five Mexican offices and elevated a Latin America-focused practitioner to its senior rank in New York.

21 December 2022

US court dismisses last challenge to LATAM Chapter 11 plan

Dismissing the last remaining dispute over LATAM Airlines’ Chapter 11 plan, the US’s Second Circuit Court of Appeals has addressed for the first time whether a debtor has to pay post-petition interest (PPI) to unsecured creditors to be able to treat them as unimpaired.

20 December 2022

Colombian aviation regulator grounds Avianca-Viva deal

Colombia’s national aviation authority has blocked a merger between the country’s largest airline Avianca and low-cost carrier Viva Air after the pair could not back up their failing firm defence and refused to offer remedies.

17 November 2022

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

Brazilian counsel in global billion-dollar aviation M&A

Multiple Latham & Watkins LLP offices and Lefosse in São Paulo have helped Singapore Airport Terminal Services (SATS) buy UK-based cargo handling company Worldwide Flight Services (WFS), including its assets in Brazil, for €1.2 billion (US$1.1 billion).

25 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

Demarest and Lefosse land airport privatisations

Demarest Advogados and Lefosse have helped two different bidders win concessions to operate Brazilian airports.

01 September 2022

Case Study: Aviation

Featured in The Guide to Restructuring - Second Edition

The covid-19 pandemic caused an unprecedented crisis in the aviation industry globally, and Latin America’s largest airlines were not insulated from its effects.

26 August 2022

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