Work Area: Insolvency & Restructuring

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

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

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

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

08 December 2022

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

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

10 November 2022

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

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

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 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