The business of a client in financial distress can involve the laws of multiple jurisdictions. Armed with deep experience in diverse practice areas and industries, our lawyers in the US, Europe and Asia collaborate on creative, nuanced solutions and locally based approaches to restructuring issues around the world.
Our extensive experience representing stakeholders in the financial distress of non-US entities extends to troubled US companies with businesses in other jurisdictions around the world.
Our most prominent recent representations include:
- Ambac Financial Group in the municipal debt restructuring of Puerto Rico
- Ad hoc committee of export credit agencies and lenders to the Oi Group in the largest judicial reorganization proceedings by value in Brazil’s history
- Ad hoc committee of bondholders of US$4 billion of bonds in the bankruptcy cases in the US, UK and in Canada of Canadian telecom equipment maker Nortel
- Official committee of unsecured creditors in the Arcapita Bank chapter 11 cases in one of the few bankruptcies involving a Shari’ah-compliant financial institution.
- Lenders in the US$650 million complex restructuring of PT Berlian Laju Tanker Tbk, an Indonesia-based, global shipping company.
- Satélites Mexicanos, a leading satellite service provider in Mexico, in a concurrent restructuring in Mexico and the US of indebtedness and other obligations
Industry accolades―our group partners are recognized as leading lawyers in the US and internationally for restructuring and insolvency by Chambers USA, Chambers Global, Legal 500, ILFR 1000 and other industry publications.
