Work Area: Insolvency & Restructuring

Constellation finalises second restructuring

Global oil group Constellation has completed the last step of its global reorganisation after its Caribbean subsidiary secured US recognition of a British Virgin Islands provisional liquidation for the second time in two years.

19 December 2022

Sainz Abogados adds first female partner in double promotion

Mexican firm Sainz Abogados has bolstered its restructuring and dispute resolution practices by promoting two associates to its senior rank, marking the firm’s first-ever female partner appointment.

14 December 2022

Carey expands partnership in Chile

Chilean Elite firm Carey has strengthened its environmental law and disputes offerings by promoting four associates to partner.

08 December 2022

Cleary strengthens LatAm offering in global promotions

Cleary Gottlieb Steen & Hamilton LLP has bolstered its bankruptcy department by promoting two lawyers with Latin American experience to partner and counsel in New York.

18 November 2022

Cescon Barrieu promotes six partners

Brazilian Elite firm Cescon, Barrieu, Flesch & Barreto Advogados has appointed six new partners, adding firepower to several practices across three offices.

10 November 2022

Corinthians restructures football stadium debt

São Paulo-based football team Sport Club Corinthians has hired Machado Meyer Advogados to restructure 611 million reais (US$118 million) worth of debt related to its stadium, Neo Química Arena.

10 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 engineering giant Andrade Gutierrez files Chapter 15

One of Latin America’s largest engineering groups has sought recognition of its Brazilian restructuring in New York to stay a claim brought by Missouri-headquartered UMB Bank, which is seeking to recover over US$40 million owed under notes that matured last year.

04 November 2022

Lefosse nabs partners from Cescon Barrieu in triple hire

Lefosse has added firepower to its restructuring and insolvency practice by hiring three partners, two of whom come from fellow Elite firm Cescon, Barrieu, Flesch & Barreto Advogados.

18 October 2022

Alpha seals Colombian restructuring amid Chapter 11 process

Alpha Latam Management – a lender that operates in Colombia and Mexico – has hired a slew of firms to finalise the Colombian section of its Chapter 11 restructuring, increasing its available capital by US$87 million.

03 October 2022

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