Dechert’s financial restructuring lawyers are experienced in restructurings and other distressed company and asset matters in emerging markets. Our work includes bankruptcy and insolvency proceedings and out-of-court restructurings, financings and multinational debtor/creditor litigation involving parties and legal venues in Mexico, Brazil, Chile, Puerto Rico, Argentina, Latvia, Ukraine and the Czech Republic, among other countries.
The practice is especially active in restructurings and distressed asset transactions in Latin America. In recent years, Latin America experienced a wave of debt restructurings, and Dechert played key roles in a number of them, including in the cross-border restructurings of Oi S.A. of Brazil and Vitro S.A.B. de C.V. of Mexico.
A longstanding Latin America practice
Many global law firms advising on cross-border matters that involve a Latin American party encounter difficulties because of complicated regulations developed long before the internationalization of the capital markets. For more than three decades, though, Dechert has represented clients in all manner of transactions in Latin America and understands the regulatory structures in place as well as dispute resolution practices throughout the region. A number of our lawyers are multicultural, multilingual and multijurisdictional.
Assessing economic and other risk factors
Countries in the emerging markets have massive growth potential and often provide attractive opportunities for buyers and investors of distressed assets. Yet in such markets, there are risks. Dechert understands that clients’ matters may involve a market where factors like evolving political policies, reform efforts around regulations, possible market corrections and even government instability may affect how they unfold. Our lawyers examine every representation against any risk factors in the relevant market and advise clients how they may affect strategy, tactics and the matter’s outcome.
