Firms To Watch: Restructuring and insolvency

Restructuring and insolvency in Brazil

Lollato Lopes Rangel Ribeiro Advogados

Lollato Lopes Rangel Ribeiro Advogados is sought by clients for its expertise in both contentious and non-contentious matters, including insolvency proceedings and judicial restructurings, most notably in the sports sector. Felipe Lollato heads the Florianópolis team, while Tiago Lopes oversees the São Paulo-based group.

Salomão Advogados

Salomão Advogados‘ restructuring practice is sought after by clients for its breadth of expertise in judicial and extrajudicial restructuring matters, advising clients on a number of recovery, bankruptcy and litigation matters; Luis Felipe Salomão FilhoRodrigo Cunha Mello Salomão and Rodrigo Cotta are key contacts.

BMA Advogados

The restructuring and insolvency practice at BMA Advogados is highly regarded for its expertise in both contentious and non-contentious matters, serving as a trusted adviser for creditors, debtors (including listed companies), shareholders and investors. The team is well positioned to advise on a wide array of matters, ranging from court-supervised insolvency proceedings to out-of-court restructuring and special situations. Sergio Savi, known for his skills in distressed asset sales and restructurings, oversees the practicethat also benefits from the expertise of Eduardo G. Wanderley, who specialises in judicial restructurings, cross-border insolvencies, distressed deals, and liquidations, and Luciana Celidonio, who regularly handles matters related to debt financing and acquisition of distressed companies and assets. Newly promoted partner Natalia Yazbek is actively involved in local and international matters, including judicial reorganisation proceedings, bankruptcies and debt restructuring.

Praxisleiter:

Sergio Savi


Weitere Kernanwälte:

Luciana Celidonio; Eduardo Guimarães Wanderley; Natalia Yazbek


Kernmandanten

Americanas S.A.


Light S.A.


Oi S.A.


Zamp S.A.


BHP Billiton


Cimento Tupi S.A.


Cruzeiro Esporte Clube – Sociedade Anônima do Futebol


EB Capital Gestão de Recursos Ltda.


Highlight-Mandate


  • Advised Light Holding and its subsidiaries on all legal fronts in connection with its court-supervised debt restructuring, in Brazil and offshore.
  • Advising Americanas S.A. and its subsidiaries, as leading counsel, on all legal fronts in connection with the material event disclosed to the market in January 2023, in which the company informed certain accounting inconsistencies resulting in a potential debt increase of R$20bn.
  • Advised Zamp S.A on the transfer and acquisition of the Starbucks operations in Brazil from the SouthRock Group (in judicial reorganisation), within the scope of its court-supervised reorganisation proceedings.

E. Munhoz Advogados

Clients highlight the 'spectacular technical knowledge' of the team at E. Munhoz Advogados, which is frequently engaged in major judicial and extrajudicial restructuring and insolvency proceedings. With a strong following of clients operating in an array of industries, from infrastructure to telecoms,, the department is regularly seen advising on judicial reorganisations, debt refinancings and distressed deals.  The group is jointly led by Eduardo Secchi Munhoz and Carolina Machado Letizio Vieira, who are well-regarded for their experience in complex insolvency and debt restructuring matters. Ferdinando Lunardi brings together expertise in corporate law, capital markets and restructurings, while Ana Elisa Laquimia is a key member of the team to note for out-of-court restructuring negotiation.

Praxisleiter:

Eduardo Secchi Munhoz; Carolina Machado Letizio Vieira


Weitere Kernanwälte:

Ferdinando Lunardi; Ana Elisa Laquimia; Raphael Maldi Mendes


Referenzen

‘The technical quality of the team is very high.‘

‚Ana Laquimia is recognised for her expertise in restructuring, both in judicial reorganisations (RJ) and extrajudicial (EJ) processes. She is clear in communicating risks and strategies to secure the best terms and conditions for creditors. Known for her proactivity and keen interest in finding solutions, Ana stays consistently updated on changes in local law as well as differences across key foreign jurisdictions.‘

‘They are disruptive and have spectacular technical knowledge.‘

Kernmandanten

Novonor S.A. (former Odebrecht S.A.)


Metha S.A. (former OAS)


PDG Realty S.A.


XP Investimentos


COESA S.A.


ATMA Participações S.A.


Rossi Residencial S.A.


Intercement S.A.


Mover Participações S.A. (former Camargo Correa)


OEC S.A. (former Odebrecht Construction)


Moneda Asset Management


Vontobel Asset Management


Pimco Asset Management


Brasil Crédito Gestão FIDC


Associação Portuguesa de Desportos


Highlight-Mandate


  • Advised the OEC Group on the judicial reorganisation proceeding initiated in Brazil in June 2024 to provide a broad restructuring of its liabilities and operations, involving supplier obligations, contingencies and, mainly, financial liabilities arising from a $3bn bonds issuance related to its 2020 extrajudicial reorganisation proceeding.
  • Advised Mover Participações S.A. (“Mover”) on restructuring its financial indebtedness that exceeds R$10bn.
  • Advised the Ad Hoc Group of Bondholders of the Unigel Group in the context of its extrajudicial reorganisation proceeding.

Felsberg Advogados

Covering a broad range of judicial and extrajudicial mandates, the restructuring and insolvency practice at Felsberg Advogados advises both debtors and creditors on judicial reorganisations, debt restructuring, distressed transactions and out-of-court restructurings, spanning sectors such as agribusiness, retail, steel, financial, and other regulated industries. The São Paulo-based practice is jointly led by founder Thomas Felsberg and Fabiana Solano, both with over 20 years of experience in debt restructurings and bankruptcy matters. Clara Moreira Azzoni is a go-to expert for judicial and out-of-court reorganisations, while Thiago Dias Costa has strong expertise in domestic and cross-border insolvencies and recovery mandates. Recently promoted partner Victoria Vaccari Villela Boacnin specialises in mediation, private debt restructuring and insolvency processes.

Praxisleiter:

Thomas Felsberg; Fabiana Solano; Clara Moreira Azzoni; Thiago Dias Costa; Victoria Vaccari Villela Boacnin; Thomas Felsberg; Fabiana Solano; Clara Moreira Azzoni; Thiago Dias Costa; Victoria Vaccari Villela Boacnin


Referenzen

‚Close relationship with the client, resulting in a clear understanding of the issues to be resolved; Innovative solutions that are very well suited to the current situation; Extremely easy and dynamic access to the professionals; Conduct that commands respect in discussions with the parties.’

‘They have deep knowledge of the subject and always build personalised solutions.’

‘Fabiana Solano has deep knowledge of the subject, is always up to date, maintains good relationships with other stakeholders, and provides personalised solutions.’

Kernmandanten

Unigel


Paranapanema


Debenture holders of Rodovias do Tietê


Caixa Econômica Federal


ICBC


Alcool Quimica Canabrava


Debenture and CRI holders of Casas Bahia


Debenture and Bondholders of Grupo Americanas


New Skies Satellites


Armco do Brasil


Unigel


Paranapanema


Debenture holders of Rodovias do Tietê


Caixa Econômica Federal


ICBC


Alcool Quimica Canabrava


Debenture and CRI holders of Casas Bahia


Debenture and Bondholders of Grupo Americanas


New Skies Satellites


Armco do Brasil


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Machado Meyer Sendacz e Opice Advogados

Praised by clients for its 'professional, technical and attentive manner', Machado Meyer Sendacz e Opice Advogados predominantly acts for financial institutions in a host of restructuring and insolvency matters - including judicial restructurings, distressed deals and extrajudicial recoveries - across a wide range of sectors. An expert in representing creditors and debtors in local and cross-border mandates, Renato Maggio co-heads the team with Renata Martins De Oliveira and Camilo Torres Gerosa Gomes, with Oliveira bringing strong skills in contentious judicial recovery and bankruptcy cases, while Gomes is experienced in extrajudicial recoveries and distressed asset and credit sales. Adriano Schnur draws on his finance, corporate and infrastructure expertise to advise on major insolvencies, Marcos Costa acts for clients from the retail, food, automotive, telecoms, and other industries on contentious insolvency and restructuring issues, and Diego de Souza Aguiar specialises in debt restructuring, special situations and M&A.

Praxisleiter:

Renato Maggio; Renata Martins de Oliveira; Camilo T. Gerosa Gomes


Weitere Kernanwälte:

Adriano Schnur Ferreira; Marcos Costa; Diego de Souza Aguiar; Caio Aranha Saffaro Vieira; André Ericsson de Carvalho; Karia Deorio


Referenzen

‘We are completely satisfied with the services provided by the firm, which always acts in a professional, technical and attentive manner in relation to our demands. In addition, the competence and experience of its professionals are essential to increase the possibility of credit recovery.’

‘Renata Oliveira, Adriano Schnur and Caio Aranha Saffaro Vieira stand out for the technical excellence of the services provided.‘

‘The restructuring and insolvency area of ​​Machado Meyer Sendacz e Opice Advogados has a senior partner, Renato Maggio, who is a reference in the market on the subject, duly accompanied by partner Camilo T. Gerosa Gomes, „up and coming“ partner on the subject, and with a balanced team between men and women, who perfectly address the issue of diversity, who are duly qualified to deal with simple and complex issues, that is, they can provide „full“ service to clients in situations of low or high complexity.’

Kernmandanten

Lumina Capital


Procter & Gamble Industrial e Comercial Ltda.


BTG Pactual S.A.


Jive Investments Gestão de Recursos e Consultoria S.A.


Sequóia Logística e Transportes S.A.


Jari Celulose, Papel e Embalagens S.A. – Em Recuperação Judicial


Invista FIDC


AerCap Administrative Services


Samsung


Itaú Asset


Banco Bradesco S.A.


Ingram Micro Brasil Ltda


Banco ABC S.A.


AGI BRASIL IND. COMÉRCIO S/A


Elisa


ADM


Nu Bank


Enforce


Blueaok


Power Tree


UBS


Highlight-Mandate


  • Assisted a major financial institution and other key creditors with the judicial reorganisation of a leading Brazilian retail group, involving R$40 bn in accounting discrepancies.
  • Assisted a major financial institution in the judicial reorganisation of a leading telecoms company in Brazil, involving a potential exposure of over R$2.2 bn through letters of guarantee related to tax claims.
  • Assisted a major financial institution with the debt restructuring and judicial reorganisation of a prominent brewery group in Brazil.

Pinheiro Neto Advogados

The restructuring and insolvency department at Pinheiro Neto Advogados acts for an impressive client base made up of shareholders, creditors, debtors, syndicated lenders, boards, trustees, and distressed investors across local and multijurisdictional mandates. The team is recognised for its extensive expertise in judicial and extrajudicial restructurings, bankruptcy proceedings, distressed asset sales, and related matters. With extensive experience in debt recovery, bankruptcies and reorganisations, André Moraes Marques oversees the department, which also features Giuliano Colombo, a key figure for extrajudicial reorganisations, restructurings, and distressed transactions, and Thiago Braga Junqueira, who is highly active in restructuring and insolvency work within the telecoms, agribusiness, energy, and construction sectors. Carolina Kiyomi Iwamoto is sought after by creditors and debtors for her strong background in cross-border matters and det restructurings.

Praxisleiter:

André Moraes Marques


Weitere Kernanwälte:

Giuliano Colombo; Thiago Braga Junqueira; Carolina Kiyomi Iwamoto


Referenzen

‘Very experienced lawyers in various legal specialties who can work well together.‘

‘André Marques stood out in the process. It was a very complex process where the lawyers knew how to understand the client’s needs well and customise the solutions.‘

‚Experience. Respected by counterparties and their lawyers. The main differentiator is their ability to negotiate and reach agreements.’

Kernmandanten

Grupo Casas Bahia


Tok&Stok


Samsung


SouthRock Capital


Banco de La Republica de Uruguay


Bayer


Paul Hastings LLP(on behalf of Bank of America)


EuroChem


H.I.G. Capital


Apollo Global Management


BTG Pactual


Citibank


Credit Agricole


Deutsche Bank


Macquarie


Liberty Mutual Insurance Company


Securitas AB


Scotiabank


Bradesco


Rede Duque


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Thomaz Bastos, Waisberg and Kurzweil Advogados

Thomaz Bastos, Waisberg and Kurzweil Advogados’ restructuring and insolvency practice is praised for its 'vast technical understanding', with expertise spanning judicial bankruptcies, extrajudicial mediations, restructurings, and distressed asset transactions, among other matters. The team handles mandates for creditors, debtors, and investors, and is particularly active in the retail, energy, and financial sectors. The São Paulo-based group is led by firm founder Joel Luís Thomaz Bastos, who is noted for his expertise in debt restructuring. Fellow co-head Ivo Waisberg is a reference for both contentious and non-contentious insolvency and restructuring matters, while Bruno Kurzweil de Oliveira showcases strength in domestic and cross-border restructurings. Gilberto Gornati and Adriana Dias de Oliveira focus on bankruptcy cases, out-of-court workouts, corporate restructuring and distressed deals, and Herbert Morgenstern Kugler has expertise in insolvency, corporate, real estate and capital markets law. Lucas Rodrigues do Carmo's client base includes debtors, creditors and investors involved in judicial reorganisations.

Praxisleiter:

Joel Luís Thomaz Bastos; Ivo Waisberg; Bruno Kurzweil de Oliveira


Weitere Kernanwälte:

Gilberto Gornati; Herbert Morgenstern Kugler; Adriana Dias de Oliveira; Lucas Rodrigues do Carmo; Lais Nicole Luizetti


Referenzen

‘The qualifications of the firm’s partners and team are what set it apart. They are involved in the largest bankruptcy and judicial recovery cases in Brazil and bring this experience to the provision of services. It has an area dedicated specifically to bankruptcy proceedings, which makes the service in these cases superior to that of other competitors. TWK has several partners working in the area, with complementary experiences and points of view, which lead to innovative and consistent solutions for complex problems.’

‘The partners have extensive technical knowledge and are very competent, with different profiles. I prefer to work with Adriana Dias de Oliveira because of the quality of her work and service provision, in addition to her always being available.‘

‘Extremely accessible, agile team with in-depth knowledge of judicial recovery.‘

Kernmandanten

123 Viagens e Turismo Ltda.


Gol Linhas Aéreas


Banco BTG Pactual S.A.


Indústria de Rações Patense Ltda.


Coteminas S.A.


Paquetá Calçados Ltda.


Wizard Fundo de Investimento em Direitos Creditórios Não-Padronizados


Brasil Biofuels S.A.


Elisa Agro Sustentável Ltda.


Global Brasil – Tecnologia em Química e Moda Ltda


Washington Umberto Cinel


Usina de Açúcar Santa Terezinha Ltda


Stemac Group S.A. Grupos Geradores


SouthRock Capital Ltda.


Brinox Metalúrgica S.A.


Sotran S.A. Logística e Transporte


Orizon Meio Ambiente S.A.


Investimento e Participações em Infraestrutura S.A. (INVEPAR)


USJ – Açúcar e Álcool S.A.


Amerra Group


Bambui Group


Itaiquara Group


Abengoa Group


Heber Participações S.A.


Clealco – Açúcar e Álcool S.A.


Maksoud Hotels


4ASSET Fundo de Investimento


Oceanair Linhas Aéreas


Highlight-Mandate


  • Representing unsecured creditor Sicim S.p.a. Sucursal del Peru in the ongoing court restructuring of the OEC Group—the engineering division of Brazil’s largest engineering conglomerate, the Novonor Group (formerly Odebrecht).
  • Assisting the BLC II—a non-standardised credit rights investment fund—in implementing the liquidation plan that resolved one of Brazil’s most controversial bankruptcies.
  • Advising Indústria de Rações Patense—a high-profile company in agribusiness sector—on its mediation proceeding regarding the restructuring of its activities.

Bermudes Advogados

Bermudes Advogados' restructuring and insolvency team is described as a 'very prepared team, with good availability and prime litigation skills'. The group offers extensive experience in contentious matters, advising both debtors and creditors on credit recovery, insolvency proceedings, and restructurings across the mining, agribusiness, telecoms, and other regulated industries. The practice is led from Rio de Janeiro by Marcelo Lamego Carpenter, recommended for his strong credentials in judicial restructurings. Other noteworthy practitioners include Ricardo Loretti and Thaís Vasconcellos de Sá, with Loretti bringing particular expertise in energy-related restructurings.

Praxisleiter:

Marcelo Carpenter


Weitere Kernanwälte:

Frederico Ferreira; Ricardo Loretti; Eric Pestre; Thaís Vasconcellos de Sá


Referenzen

‘Specialised team with experience in the area of ​​activity.’

‘Partners available to meet urgent demands, considering that the negotiation phase is dynamic.‘

‘Very prepared team, with good availability and prime litigation skills.’

Kernmandanten

Bradesco


Banco do Brasil


Santander


Deloitte


JP Morgan


Citibank


Jive Investments


Grupo Globo


Enforce Group


Banco BTG


Sete Brasil


Grupo João Fortes


Highlight-Mandate


  • Represented Vale in Samarco’s judicial restructuring following the Fundão dam collapse in 2015.
  • Represents Fundo Desap, managed by Jive Investments, in the R$2.5bn bankruptcy proceedings of Sotave Centro-Oeste.
  • Represents V.TAL in the R$13bn judicial restructuring of the Oi Group.

Demarest Advogados

Clients commend the 'highly qualified and competent restructuring and insolvency team' at Demarest Advogados, which is equally adept at handling large domestic private sector restructurings and complex multijurisdictional reorganisations. The team has extensive experience in bankruptcy proceedings and out-of-court restructurings, advising clients across the financial, construction, infrastructure, retail, appliance, and other regulated sectors. Recognised as 'one of the great names in the area of restructuring and insolvency', São Paulo-based Guilherme Fontes Bechara leads the practice and is at the forefront of cross-border restructuring matters, including litigation-driven recoveries and out-of-court restructurings.

Praxisleiter:

Guilherme Bechara


Weitere Kernanwälte:

Janaina Vaz


Referenzen

‘Demarest advised us throughout the restructuring process during the pandemic. The team is made up of experts who made us feel like we were their only customers. Very attentive and with remarkable technical ability.’

‘Guilherme Fontes Bechara, for me, is one of the great names in the area of ​​restructuring and insolvency in Brazil.‘

‘Full-service firm with a highly qualified and competent restructuring and insolvency team, working for investors, creditors and some debtors in highly complex cases and important transactions.’

Kernmandanten

Everis Spain, SLU


American Tower Brasil


UMB Bank


CCEE – Câmara de Comercialização de Energia Elétrica


SC Lowy


Carlisle Fluid Technologies


Coface Seguros


BMC Software


Greenwood Resourses, Inc.


Grupo Verzatec


Mercon Group


Trafigura PTE


Highlight-Mandate


  • Advised American Tower on the judicial reorganisation proceeding of Oi S.A. and its affiliate companies.
  • Representing Mercon Group in its Chapter 11 filing and the subsequent Brazilian recognition proceeding under Brazilian Bankruptcy Law.
  • Advising UMB Bank in its capacity as trustee of notes issued by InterCement Group, one of the largest cement manufacturers in Latin America.

Galdino, Pimenta, Takemi, Ayoub, Salgueiro, Rezende de Almeida

Noted for coming up with 'sophisticated solutions to complex restructuring problems', Galdino, Pimenta, Takemi, Ayoub, Salgueiro, Rezende de Almeida is frequently instructed in judicial and extrajudicial mandates, covering in-court restructurings, bankruptcy proceedings, distressed asset sales and out-of-court settlements across the energy, retail, construction and other sectors. Rafael Pimenta, Eduardo Takemi Kataoka and Tomás Martins Costa co-lead the São Paulo-based group and are experienced in advising both creditors and debtors; Pimenta is a key name to note for litigation in this space, while Kataoka possesses expertise in contentious and transactional matters involving restructuring proceedings of domestic and international companies, and Costa focuses on judicial recovery and bankruptcy mandates. In Rio de Janeiro, the key contacts include firm founder Flavio Galdino, a reference for creditors, debtors and investors, Luiz Roberto Ayoub, Gustavo Salgueiro and Diogo Rezende de Almeida, noted for his experience in disputes involving multi-party interests. Mauro Teixeira de Faria is especially active in representing debtors in major restructuring cases and insolvency disputes.

Praxisleiter:

Flavio Galdino; Rafael Pimenta; Eduardo Takemi Kataoka; Luiz Roberto Ayoub; Gustavo Salgueiro; Tomás Martins Costa; Diogo Rezende de Almeida


Weitere Kernanwälte:

Mauro Teixeira de Faria; Giovana Sosa


Referenzen

‘Ease of communication, assertiveness and clarity of information, ease of developing activities with other professionals.’

‘The firm has a great deal of expertise in corporate restructuring, with a highly qualified team and direct access to partners. The firm always provides sophisticated solutions to complex restructuring problems and provides clients with a great sense of security. They are true partners with their clients. The firm has also been improving its practices with artificial intelligence.’

‘Mauro Teixeira de Faria is one of the firm’s partners, who has a distinguished performance, with great technical capacity and commitment to the client. Mauro is very approachable and attentive to the client’s challenges. Giovana Sosa is a lawyer at the firm who is very dedicated to the client, always available and with quality deliveries.’

Kernmandanten

SuperVia Group


Estre Ambiental Group


Kijani Asatala Fiagro Imobiliário FI nas Cadeias Produtivas Agroindustriais


China Construction Bank (Brasil) Banco Múltiplo S.A.


Eternit S.A. (Eternit Group)


Samsung Eletrônica da Amazonia Ltda.


Cotia Group


Banco Votorantim S.A.


Odernes Fundo de Investimento Em Participações Multiestratégia (Farallon Latin America)


Enforce Gestão de Ativos S.A.


Brasil Special Situations I FIDC NP


Blaspint Construção e Montagem Ltda. (Blaspint)


Weclix Telecom S.A.


Sequoia Logísitica e Transportes S.A.


Cervejaria Petrópolis S.A.


Dia Brasil Sociedade Limitada


Allonda Group


Samarco Mineração S.A.


Itaú Unibanco S.A.


Highlight-Mandate


  • Assisting Estre Ambiental Group—one of Brazil’s largest environmental services companies that plays an essential role in sanitation and public health in many states—with its court reorganisation to restructure a liability amounting to billions of reais.
  • Advising SuperVia Group—responsible for the concession of the rail transport service in the state of Rio de Janeiro—on its court reorganisation proceeding.
  • Advising Samsung on the negotiation of its credits against Americanas in the context of its court reorganisation.

Lefosse Advogados

The restructuring and insolvency department at Lefosse Advogados is a popular choice for debtors, creditors, and investors involved in both judicial and extrajudicial matters. Based in São Paulo, Roberto Zarour leads the team, bringing over 15 years of experience in distressed asset sales, contentious insolvency proceedings, and restructurings. These are also key areas of activity for Fábio Rosas, who excels in contentious matters. Investors and large financial institutions rely on Bernardo Carneiro for his expertise in credit recovery, judicial and extrajudicial restructurings, and debt transactions. Additionally, José Luis de Rosa and Felipe Camara are recognised for their skills in transaction-related matters, including distressed asset sales, and disputes involving insolvency scenarios.

Praxisleiter:

Roberto Zarour


Weitere Kernanwälte:

Fábio Rosas; José Luis de Rosa; Felipe Camara; Bernardo Carneiro; Renan Zing


Referenzen

‘The Lefosse team is extremely synergistic, with a large team available to work on several fronts and at the same time connecting them all and being more efficient in this way, with everyone involved always being up to date for the continuity of operations. The multidisciplinary approach and vast experience of the team allow for global support for a company, such as in corporate, banking, tax demands, etc.‘

‘The lawyers I worked with always demonstrated vast technical knowledge, which, combined with their years of experience in the market, enabled complex operations, such as structured loans, corporate reorganisations, and even unprecedented Chapter 11 proceedings in Brazil. Their continuous support and availability whenever necessary is a strong point, in addition to their excellent relationship with the client and third parties involved so that operations always reach the best possible outcome. Special recommendation to partner Roberto Zarour. ’

‘Lefosse Avogados, under the strong leadership of Felipe Cámara, distinguishes itself through a highly personalised and strategically driven approach. Clients value Cámara’s proven expertise in navigating complex legal matters, combined with the firm’s commitment to understanding their unique business needs. This client-centric focus, coupled with a collaborative team environment, sets Leffose Avogados apart from larger, less agile firms. They prioritise clear communication, flexible billing, and leverage technology to enhance efficiency, ensuring clients receive tailored solutions and proactive counsel.‘

Kernmandanten

Goldman Sachs


XP Investimentos S.A.


Fundo Garantidor De Credito


Enforce


Mobly S.A.


Distribuidora Internacional de Alimentación S.A. (DIA SA)


Gol Linhas Aéreas S.A.


Landesbank Baden-Wuerttemberg


Morgan Stanley


Itaú Unibanco S.A.


Scansource Brasil S.A.


IHS Brasil Cessão De Infraestrutura S.A.


Highlight-Mandate


  • Representing GOL regarding all the Brazilian aspects of the Chapter 11 procedure filed with the NY Court.
  • Represents Debenture Holders with a credit of approximately R$5bn, to advise on possible measures to negotiate with Light and recover the credit arising from debentures (local bonds) issued by Light SESA, and to assist the fund managers in all consulting aspects and provide legal guidance in the relationship with Light judicial restructuring.
  • Represented the German bank LBBW – Landesbank Baden-Württemberg in the judicial restructuring of Cervejaria Petropolis.

Mattos Filho

The 'extremely international and sophisticated' restructuring and insolvency team at Mattos Filho attracts instructions from debtors, creditors, and investors alike for its extensive expertise in high-value debt restructurings, insolvency disputes, and debt-related transactions, most notably distressed asset sales. The São Paulo-based team is known for its international focus, frequently advising clients on complex multijurisdictional mandates. Key specialists include Marcelo Ricupero, who brings expertise in distressed asset transactions and international debt restructuring, complementing Alex Hatanaka's broad experience in acting for financial institutions, investment funds and corporations in commercial and civil disputes related to insolvencies and corporate restructurings. Frederico Kerr Bullamah is a key contact for cross-border debt restructuring and finance transactions, while Stefano Motta has a strong track record in restructuring cases and distressed assets acquisitions, with a keen focus on the agribusiness and real estate sectors.

Weitere Kernanwälte:

Marcelo Ricupero; Alex Hatanaka; Frederico Kerr Bullamah; Stefano Motta; Giovanna Campedelli Macedo


Referenzen

‘The professionals are extremely technically qualified and provide excellent customer service, with an understanding of their needs, proactive attitudes, risk awareness, speed in responding to requests, all of which provide the necessary confidence.‘

‘Alex Hatanaka: partner, with excellent and in-depth technical knowledge, as well as professional experience that gives him full understanding and insight into the client’s needs, all added to the fast and attentive service. Giovanna Campedelli Macedo is also recommended.‘

‘Mattos Filho is currently the best full-service law firm in Brazil and probably in Latin America. The restructuring team is very strong and I have worked with them several times.‘

Kernmandanten

The ad hoc group of holders of (a) Azul’s 11.930% senior secured first outnotes due 2028; (b) Azul’s 11.500% senior secured second out notes due. 2029; (c) Azul’s 10.875% senior secured second out notes due 2030; and (d)Azul’s convertible debentures


Ekko Group


Doctor’s Associates LLC (Subway)


Subway Franchise Systems Brazil Ltda.


Americanas S.A. – In Judicial Reorganization


Banco Citibank S.A.


AMBEV


Mondelez Brasil


Caoa Group


General Motors


Allianz Brasil Seguros


Zurich Seguros


Visa do Brasil Empreendimentos Ltda.


Itaú Unibanco S.A.


Light Energia


Morgan Stanley


Deutsche Bank


COFCO International Brasil S.A.


Novonor S.A. – In Judicial Reorganization


Banco BTG Pactual S.A.


Banco Bradesco S.A.


Banco Santander (Brasil) S.A.


Swiss Re Corporate Solutions Brasil Seguros


SBA Brasil Torres Ltda.


Horizonte Minerals PLC


Araguaia Niquel Metais Ltda.


Clave Capital Holding


Cleartech S.A.


Banco BMG S.A.


Safra Special Situations


Pluxee Benefícios Brasil


Mobius Capital


Novo Banco


Administradora Geral de Estacionamentos (Indigo)


Prumo Group


Prisma Capital


Chubb Seguros Brasil


Planner Corretora de Valores S.A.


Austral Seguradora


Tramp Oil Brasil


Embraer S.A.


Veneziani Auditores Independentes


Tristão Companhia de Comércio Exterior


Garrett Transportation I Inc.


Datadog, Inc.


BT Communications do Brasil Ltda.


Darling Ingredients International Holding B.V.


Virgo Companhia de Securitização


Highlight-Mandate


  • Advises the ad hoc group of holders of (a) Azul’s 11.930% senior secured first out notes due 2028; (b) Azul’s 11.500% senior secured second out notes due 2029; (c) Azul’s 10.875% senior secured second out notes due 2030; and (d) Azul’s convertible debentures (the “Ad Hoc Group”) on Azul’s out-of-court restructuring, providing assistance and advice in connection with all Brazilian matters related to the transaction, including collateral structure, regulatory, corporate and tax aspects.
  • Advises Doctor’s Associates LLC (doing business as SUBWAY) and Subway Franchise Systems Brazil Ltda. on several matters related to SouthRock Group’s operations in Brazil, including the assistance and representation in relevant lawsuits, such as SouthRock Group’s judicial reorganisation, and the structure of new collateral agreements to secure the debt owed by SouthRock Group.
  • Represents SBA Brasil Torres (an affiliate of SBA Communications) in Oi Group’s 2nd judicial reorganisation in Brazil.

Veirano Advogados

Veirano Advogados represents both creditors and debtors across a range of debt restructuring, distressed asset sales, debt-related disputes, and extrajudicial liquidations and reorganisations. Leading the São Paulo team, Julia Tamer Langen is frequently sought for her expertise in judicial reorganisations and bankruptcy cases, and highlighted for her ‘in-depth knowledge of the debt restructuring and renegotiation market’. Meanwhile, Rio de Janeiro-based Ricardo Gama advises clients on a variety of commercial and corporate disputes related to debt and insolvency matters.

Praxisleiter:

Julia Tamer Langen; Ricardo Gama


Weitere Kernanwälte:

Marilia do Carmo Andrade; Anna Clara da Costa Mielmiczuk


Referenzen

‘Veirano stands out for the exceptional quality of its services, especially through its partner Julia Tamer Langen. Her in-depth knowledge of the debt restructuring and renegotiation market is remarkable, and she excels at serving different audiences with agility and accessible language. She is undoubtedly the first choice for this market, and is a great asset to the firm.‘

‘Julia Tamer Langen certainly stands out in the firm.‘

‘Lawyers of good quality with deep knowledge in the restructuring and insolvency business area, who act very diligently by attending meetings, suggesting negotiation opportunities, and ensuring deadlines and chances for responses.’

Kernmandanten

RR Donnelley Editora e Gráfica Ltda.


Equinox Gold Corp.


Goldman Sachs International (“GS”)


Pepsico do Brasil Ltda, Pepsico do Brasil Indústria e Comércio de Alimentos Ltda


Kyndryl Brasil Serviços Ltda


Natixis, New York Branch; Banco Bilbao Vizcaya Argentaria S.A.; Sumitomo Mitsui Banking Corporation; Mufg Bank, Ltd. And Intesa Sanpaolo S.P.A., New York Branch


Claro S.A.,


Nokia Solutions and Networks do Brasil Telecomunicações Ltda.


ICBC do Brasil Banco Múltiplo


Prometeon Tyre Group Indústria Brasil Ltda.


TGI Fridays S.A.


Bank of New York Mellon


Coty Brasil Comercio S.A.


Nec Latin America S.A.


Oceânica Engenharia e Consultoria S.A.


Highlight-Mandate


  • Advised Goldman Sachs International on the judicial reorganisation proceeding filed by the Americanas Group, the most high-profile bankruptcy case in Brazil in 2023 and 2024.
  • Advises Claro S.A., Nokia Solutions and Networks do Brasil Telecomunicações Ltda., the Bank of New York Mellon and other creditors on the second judicial reorganisation proceeding filed by the Oi Group.
  • Advised ICBC do Brasil Banco Múltiplo on Buritirama Mineração S.A.’s bankruptcy liquidation.

Cescon Barrieu

Cescon Barrieu’s restructuring practice is active in numerous judicial restructuring proceedings across the financial, mining, and pulp sectors, alongside credit recovery, insolvencies, and distressed asset transactions. The São Paulo-based team is led by Alexandre Barreto, a key contact for capital markets, private equity, investment funds and insolvency-related mandates. Heading the Rio de Janeiro team, Cinthia de Lamare brings over 20 years of experience in judicial and extrajudicial reorganisations and bankruptcy cases. Esther Slud and Daniel Longa are highly regarded for advising banks, domestic and international companies, and funds on debt recovery, restructuring, and debt-related transactions.

Praxisleiter:

Alexandre Barreto; Cinthia de Lamare


Weitere Kernanwälte:

Daniel Longa; Esther Kagan Slud; Luiz Guilherme Halasz


Referenzen

‘Technical knowledge of the topic.‘

‘Cescon Barrieu stands out for its innovation, with investments in technology and process automation. Its multidisciplinary approach and strategic vision ensure efficient and personalised solutions. These initiatives consolidate its position as one of the leading firms in the Brazilian legal market.’

‘Cescon Barrieu stands out for its sophisticated and strategic approach to litigation focused on the legal assets market. The firm combines in-depth technical knowledge with a commercial vision aligned with the needs of investors seeking predictability and efficiency in analysing transactions involving legal assets. In this sense, the team not only conducts procedural risk assessments with excellence, but also analyses cases from a financial perspective, allowing for the structuring of strategies that maximise returns and minimise risks. ’

Kernmandanten

Bank of America Merrill Lynch Banco Múltiplo S.A .


Oi S.A. – Em Recuperação Judicial


JusCapital


Banco Santander do Brasil S.A.


Atento Brasil S.A.


Unilever Brasil Ltda.


Jive Asset Management


Genial Gestão Ltda.


Deloitte Touche Tohmatsu Consultores Ltda.


Oliveira Trust


Polo Capital


Banco Bocom BBM S.A


Banco BTG Pactual


Lass Legal Capital


Root Capital


Chimera Capital Asset Management


Celos – Chimera Capital Asset Management


FIBRA – Fundação Itaipu BR de Previdência e Assistência Social


Fundação Petrobras de Seguridade Social – Petros


Highlight-Mandate


  • Advised Bank of America Merill Lynch on the  judicial reorganisation plan of Grupo Americanas.
  • Represented Banco Santander (Brasil) S.A. in the judicial reorganisation proceedings of Intercement, Group, OSX, Hospital Santa Marta and in the out-of-court reorganisation of Superbac.
  • Represents Anglo American in the bankruptcy liquidation of MMX as the issuer of a debenture worth 612 MM that is involved in highly complex dispute, particulary about the ownership of the debenture as the security has been collected by the bankruptcy trustee to pay creditors, but also appears as a guarantee to Eike Batista’s (former main shareholder of MMX) leniency agreement.

Dias Carneiro Advogados

Dias Carneiro Advogados’ department has broad expertise in bankruptcy cases, judicial reorganisations and out-of-court restructurings, representing both creditors and debtors. The department is led by Laura Mendes Bumachar, who is praised by clients as 'very talented and competent' and boasts a strong track record in distressed asset sales, debt restructuring and reorganisations. Antonio Nachif plays a key role in judicial reorganisations, while Álvaro Brito Arantes has a solid background in litigation and is active in special situations and insolvency proceedings.

Praxisleiter:

Laura Mendes Bumachar


Weitere Kernanwälte:

Antonio Nachif; Álvaro Brito Arantes; Bruno Gozzi


Referenzen

‘Dias Carneiro has a very strong team in this area of ​​restructuring.‘

‘Laura Bumachar is one of the best lawyers in the country. Very talented and competent.‘

‚The team is extremely knowledgeable and responsive. They are engaging and always very happy to assist with Brazilian bankruptcy queries. The team collaborates well and offers excellent value for money.‘

Kernmandanten

Banco BTG Pactual S.A.


Andrade Gutierrez Engenharia S.A.


XP Log Fundo de Investimento Imobiliário – FII


Concessionária do Aeroporto Internacional de Guarulhos (GRU Airport)


Reit Securitizadora S.A.


Banco de Occidente S.A.


Cargill Inc.


Cargill Financial Services International Inc.


China Development Bank


UBS Securities LLC


OCP S.A.


Organización Corona S.A.


Biofast Medicina e Saúde Ltda


Raízen S.A.


Newton Sérgio de Souza


Mag Brasil Comércio e Assistência Técnica de Máquinas Ltda.


Czarnikow Brasil Ltda.


Emsenhuber Advogados Associados


Enterprise City Center


Dominion Instalações e Montagens do Brasil Ltda., Global Dominion Access and Dominion Tecnologia Ltda..


Black&Decker do Brasil Ltda.


Interpart Planejamento de Negócios Empresariais Ltda.


Braskem S/A


Deutsche Bank S.A. – Banco Alemão


Highlight-Mandate


  • Representing Cargill as the largest creditor holding claims of more than $150m not subject to and R$25m subject to Paranapanema’s judicial reorganisation proceeding.

Mange Advogados

'Composed of highly qualified lawyers', Mange Advogados’ restructuring practice is well-regarded for its work across a range of industries, including financial services, real estate, pulp and paper, and steel. The team demonstrates strong capabilities in both judicial restructurings and distressed asset sales, as well as out-of-court mediations. The practice is led by firm founder Renato Mange, a São Paulo-based practitioner with over four decades of experience in bankruptcy-related matters. Other key contacts include Walter Vieira Filho, the 'always available and highly efficient' Luciano Guimarães da Silveira, and Eduardo Mange, all of whom are active in judicial and extrajudicial restructuring and insolvency mandates. Bruna Mendonça is recommended for her work on cross-border matters.

Praxisleiter:

Renato Luiz de Macedo Mange


Weitere Kernanwälte:

Walter Vieira Filho; Luciano Guimarães da Silveira; Eduardo Foz Mange; Bruna Mendonça; Daniel Kumpranzl; Caio Vinicius dos Santos Miranda


Referenzen

‚Attentive, efficient, and competent. The service was delivered exactly as promised. Luciano Guimarães da Silveira – partner who led the operation with confidence and efficiency. Daniel Krumpanzl – the lawyer who carried out the tasks promptly and effectively.’

‘The firm stands out for its experience. With a strong commitment to service quality, the team is composed of highly qualified lawyers. What truly sets them apart is their ability to deeply integrate legal knowledge. Additionally, they are known for being agile and well-organised.‘

‚Renato Mange: senior partner with extensive expertise. Eduardo Foz Mange: senior partner with extensive expertise. Caio Vinicius dos Santos Miranda: associate who is quick, organised, and highly knowledgeable.’

Kernmandanten

Eldorado


Tecsis-Sorosistem


Vamos


Ambar


Bardella


TPA Empreendimentos


Sabó


Cromex


Grão de Gente


Grupo MT


Companhia Internacional de Seguros


Grupo Hospitalar Vidas


ACIP


Grupo Alimentos Nota 10


Shopping PCS


Fundo Garantidor de Credito


Nadir Figueiredo


Crème Mel/Zeca’s


Dânica


GEP


Highlight-Mandate


  • Represents Eldorado’s interests in the context of a R$6bn arbitration annulment action.
  • Represents Cromex in its out-of-court reorganisation.
  • Represents Companhia Internacional de Seguros in the R$1bn sale of some assets to BTG Pactual in the context of its bankruptcy.

Pinheiro Guimarães

Pinheiro Guimarães’ Rio de Janeiro-based insolvency and restructuring practice is a go-to for judicial restructuring and debt refinancing matters, with a client base that includes both domestic and international creditors. The practice is jointly led by Gustavo Mota Guedes and Guilherme Vaz, both of whom are well regarded for their expertise in bankruptcy and restructuring proceedings. Sérgio Ramos Yoshino is also a key contact, particularly noted for his experience in distressed asset and debt restructuring transactions.

Praxisleiter:

Gustavo Mota Guedes; Guilherme Vaz Leal da Costa


Weitere Kernanwälte:

Sergio Ramos Yoshino


Kernmandanten

Itaú Unibanco S.A.


Companhia Siderurgica Nacional S.A.


Itaú BBA S.A.


Banco Santander S.A.


Vórtx DTVM


Banco Votorantim S.A.


Empresa de Energia São Manoel S.A.


International Finance Corporation


Stallone Investments Group S.A.


Quadra Gestão de Recursos Ltda.


Elera Renováveis


Vale S.A.


Globo Comunicação e Participações S.A.


DEG – Deu Deutsche Investitions – und Entwicklungsgesellschaft mbH


Victoria Capital Partners


Highlight-Mandate


  • Represented Itaú Unibanco S.A., one of the main financial creditors, in the judicial reorganisation of Lojas Americanas S.A.
  • Represented Itaú Unibanco S.A., one of the main financial creditors, in the judicial reorganisation of Light S.A. (Holding) and extension of effects to the concessionaires of electric power Light Serviços de Eletricidade S.A. and Light Energia S.A.
  • Assists Abra Group Limited („Abra Group“), as Brazilian counsel, with the Chapter 11 proceeding of Gol Linhas Aéreas S.A. and other companies of its economic group.

Stocche Forbes Advogados

Stocche Forbes Advogados’ practice is recognised for its strong track record in insolvency and debt restructuring matters. The team offers extensive expertise in debt and distressed asset transactions, insolvency proceedings, and both judicial and extrajudicial restructurings. Based in São Paulo, the group is co-led by Teo Silva Galvão and Guilherme Gaspari Coelho, the latter of whom is especially noted for his experience in cross-border transactions, recapitalisations, and complex restructurings.

Praxisleiter:

Guilherme Coelho; Teo Galvao


Weitere Kernanwälte:

Camila Manso


Referenzen

‘Practical and agile.‘

‘Guilherme Gaspari Coelho is very pragmatic and pro-deal.‘

Kernmandanten

GRAMERCY FUNDS MANAGEMENT


MUFG BANK LTD.


MIZUHO BANK, LTD.,


SUMITOMO MITSUI BANKING CORPORATION


NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI)


BANCO BTG PACTUAL


DEUTSCHE BANK TRUST COMPANY AMERICAS


WILMINGTON SAVINGS FUND SOCIETY, FSB


HIGHLINE DO BRASIL II INFRAESTRUTURA DE TELECOMUNICAÇÕES S.A.


BANCO SANTANDER (BRASIL) S.A.


STRATA CAPITAL GESTÃO DE RECURSOS LTDA.


BANCO SAFRA S.A.


ENERGISA S.A.


RED BULL DO BRASIL LTDA.


Highlight-Mandate


  • Advised the trustee to the Americanas S.A. bondholders on its judicial reorganisation proceeding.
  • Advised the Unsecured Creditors Committee of Gol Linhas Aereas Inteligentes S.A. and others, as a Brazilian Counsel, on the Chapter 11 proceeding.
  • Advised OEC S.A. and other companies of the group on the implementation of a $120m DIP Financing.

ASBZ Advogados

A key destination for creditors, investors and bondholders, ASBZ Advogados’ restructuring department handles a wide range of mandates, including distressed asset and collateral sales, extrajudicial mediations, bankruptcies, and judicial restructurings, to name a few. The São Paulo-based team benefits from a diverse leadership group comprising Bruno Delgado Chiaradia, noted for his expertise in restructuring and bankruptcy matters; Aitan Canuto Cosenza Portela, who focuses on credit recovery and repossession disputes; Milena Meyknecht, another name to note for credit recovery and bankruptcy mandates; Alexandre David, a key contact for domestic and international investment funds and financial institutions; and Rodrigo Rocha Casarotti, highlighted for his capabilities in corporate reorganisations.

Praxisleiter:

Aitan Canuto Cosenza Portela; Bruno Delgado Chiaradia; Milena Grossi S. Meyknecht; Alexandre B. David; Rodrigo Rocha Casarotti


Referenzen

‘A firm with extensive experience in restructuring and insolvency, consistently involved in major court cases on the subject. The team is highly skilled and extremely swift in delivering precise and assertive work.’

‘Bruno Chiaradia and Milena Meyknecht stand out for their client service and for proposing robust and effective legal strategies.’

Kernmandanten

Banco Bradesco S.A.


Banco Santander (Brasil) S.A.


Banco Original S.A.


Banco Fibra S.A.


Cielo S.A.


Banco Safra S/A


China Construction Bank S.A. – Banco Múltiplo


Deutsche Leasing Finance Gmbh


Dasa – Diagnósticos Da América S.A.


Archer Daniels Midland Company / Adm do Brasil Ltda.


Planner Corretora de Valores S.A.


UMB Bank N.A.


Alliancebernstein Global


ACP I Trading LLC.


Moneda Latin Corporate Debt


Argentem Creek Partners LP


Redwood Master Fund, Ltd


Vinci SPS Gestão De Recursos Ltda.


Ajaxjud – Fundo de Investimento em Direitos Creditórios Não Padronizados


AGI Brasil Indústria e Comércio S.A.


Blackrock Financial Management


CVC Brasil Operadora e Agência de Viagens S.A.


Dina Moretti Rodrigues’ Estate


Aguinaldo Rodrigues


Avelino Luiz Rodrigues


Marcelo Monteiro Perez


Rio Paranapanema Energia S.A.


Rio Paraná Energia S.A.


Highlight-Mandate


  • Advised Banco Bradesco on a debt restructuring transaction, implemented through an out-of-court reorganisation.
  • Advised Banco Bradesco on a debt restructuring and out-of-court reorganisation proceeding for the well-known retail store Estok Comércio e Representações S.A. (“Tok & Stok”).
  • Advised Banco Bradesco on the judicial reorganisation proceeding of Light Holding S.A. and its subsidiaries, which are power suppliers of Rio de Janeiro State.

Campana Pacca Advogados

The insolvency and restructuring practice at Campana Pacca Advogados is well equipped to advise a variety of clients on judicial reorganisations, bankruptcy proceedings, debt-related disputes, and transactional matters, with a strong emphasis on the agribusiness, infrastructure and aviation sectors. The São Paulo-based team is co-led by Paulo Fernando Campana Filho and João Ricardo Pacca, both of whom bring notable expertise in assisting debtors, creditors, and investors with cross-border debt transactions, as well as extrajudicial mediations and restructurings.

Praxisleiter:

Paulo Fernando Campana Filho; João Ricardo Pacca


Referenzen

‘The firm’s work is fast and creative without losing technique. We worked together on a specific lawsuit, and I can say that everyone is super collaborative and easy to work with, which makes the work very enjoyable. ’

‘João Ricardo Pacca is fantastic. Extremely skilled and strategic.‘

‘João and Paulo have deep knowledge of the restructuring market, and they helped us with the deals we had on the table, with the utmost mastery. Proximity, speed, knowledge, generated trust and credibility! I would do more business with them without a doubt.‘

Kernmandanten

Eduardo Duarte Teixeira João (DSL officer)


Highlight-Mandate


Castro Barros Advogados

Castro Barros Advogados’ bankruptcy and restructuring practice is firmly positioned in both the transactional and contentious spheres, advising domestic and international clients on distressed acquisitions, judicial restructurings, and credit recovery. The Rio de Janeiro-based team is jointly led by Alexandre Catramby, who regularly assists creditors with bankruptcy and court-supervised restructurings, Rodrigo Gonçalves Lima de Mattos, a name to note for credit recovery cases against debtors in financial distress, Olympio De Carvalho E Silva, who is experienced in judicial restructuring proceedings involving the shipping sector, and José Augusto Leal, who excels in insolvency and restructuring cases.

Praxisleiter:

José Augusto Leal; Alexandre Catramby; Rodrigo Mattos


Weitere Kernanwälte:

Thiago Viana


Kernmandanten

Haitong Banco de Investimentos do Brasil


HP Financial Services


Chimera Capital


Banco BTG Pactual S.A.


Operador Nacional do Sistema Elétrico – ONS


Pentágono S.A. Distribuidora de Títulos e Valores Mobiliários


Jive Mauá (born from the merger of Jive Investments and Mauá Capital)


Promonlogicalis Tecnologia e Participações Ltda.


GNB Gestora de Patrimónios


International Paper do Brasil Ltda.


Haitong Banco de Investimentos do Brasil


HP Financial Services


Chimera Capital


Banco BTG Pactual S.A.


Operador Nacional do Sistema Elétrico – ONS


Pentágono S.A. Distribuidora de Títulos e Valores Mobiliários


Jive Mauá (born from the merger of Jive Investments and Mauá Capital)


Promonlogicalis Tecnologia e Participações Ltda.


GNB Gestora de Patrimónios


International Paper do Brasil Ltda.


Highlight-Mandate


  • Defended Haitong Bank from an attempt by Unigel Group to submit the former’s +R$30m credit to its court-supervised extrajudicial restructuring plan, in an unprecedented dispute about the nature of interest rate derivative contracts, and up to when a debtor can include already existing creditors in such a proceeding.
  • Representing Petros in Laima Participações and Petrosul Distribuidora Transportadora e Comércio de Combustíveis’ restructuring proceeding and in a credit recovery lawsuit worth over R$250m and secured, among others, by fiduciary guarantee over the companies’ main property.
  • Represented creditors of 2 bond emissions (20,000 bondholders), worth R$1.4bn, in Light’s judicial restructuring.

Ferro, Castro Neves, Daltro & Gomide Advogados

Benefitting from the firm’s strong dispute resolution foundation, the bankruptcy department at Ferro, Castro Neves, Daltro & Gomide Advogados is particularly active in debt-related mandates requiring an integrated approach across litigation, transactions, and financial strategy. Daltro Borges stands out for his expertise in representing creditors, debtors, investors and distressed asset funds in insolvency and restructuring proceedings. He oversees the team with Eduardo Pecoraro, Marcos Pitanga and Thiago Peixoto Alves, the latter of whom is experienced in domestic and cross-border restructuring matters. Also recommended are Ana Carolina Aquino, a key contact for debtors in reorganisation cases and financial institutions in credit recovery cases, and Luiza Peixoto, who is well-versed in asset recovery, bankruptcy and creditor-debtor disputes.

Praxisleiter:

Daltro de Campos Borges Filho; Eduardo Pecoraro; Thiago Peixoto Alves; Marcos Pitanga


Weitere Kernanwälte:

Ana Carolina Aquino; Luiza Peixoto; João Felipe Meggiolaro


Kernmandanten

Goldman Sachs do Brasil Banco Múltiplo


Opea Securitizadora


Vert Securitizadora


Ad Hoc Group of Bondholders from Samarco


Banco BTG


Light S.A. Debenture Holders


Grupo Atvos


Companhia Albertina Mercantil e Agroindustrial


PricewaterhouseCoopers (PwC)


Official Committee of Unsecured Creditors, the fiduciary appointed to protect the interests of LATAM Airlines’ unsecured creditors


Cimento Tupi


Estok Comércio e Representações S/A


Enseada Indústria Naval


Virgo Companhia de Securitização


Enforce Gestão de Ativos


Jive Investments


XP Investimentos


Banco Pan


Invista FIDC


Riza Capital


Banco Bocom BBM


Polígono Capital


Canvas Capital


Aktiebolaget Svensk Exportkredit


RK Partners


HSBC Bank PLC


Banco Safra


Banco ABC


Latache Capital


Genial Investimentos


Banco Credit Suisse


G5


Évora S.A.


Betacrux Securitizadora Ltda.


Kijani Investimentos


Chimera Capital


Oi S/A


Highlight-Mandate


  • Advised various debtors, such as Odebrecht Óleo e Gás, Grupo Atvos, Oi S/A, Enseada Indústria Naval and others on judicial and extrajudicial reorganisation procedures.
  • Advised various creditors, such as Banco BTG, Banco Safra, Light’s Debenture Holders, Unigel’s Debenture holders, Ad Hoc Group of Bondholders from Samarco, on judicial reorganisation procedures.
  • Represents and advises several banks, distressed funds, and pension funds in various judicial and extrajudicial matters, such as Bancos PAN, BBM, BTG, ABC, SAFRA, Credit Suisse, Goldman Sachs and asset management firms such as Latache Capital, Jive, XP, Polígono Capital, Lakewood, Iridium, BRZ, Enforce, Invista, Root Capital, JGP, Genial Investimentos, Chimera Capital, among others.

Leite, Tosto e Barros Advogados Associados

With a strong following of clients from the construction, financial services, energy, food and beverage, real estate and retail sectors,  Leite, Tosto e Barros Advogados Associados is adept at handling a wide range of contentious and transactional matters, including debt restructurings, bankruptcy declarations, and judicial credit recovery. Rodrigo Quadrante, who 'stands out for his ability to develop efficient and innovative solutions for companies and creditors in challenging situations', jointly leads the practice with dispute resolution specialist Paulo Guilherme Lopes, Patricia Rios, who brings a wealth of experience before the superior courts, and Bruno Chechetti, who regularly advises on bankruptcy and corporate reorganisation matters.

Praxisleiter:

Rodrigo Quadrante; Paulo Guilherme Lopes; Patricia Rios; Bruno Chechetti


Referenzen

‘LTB is a reference in the legal sector, especially in the area of ​​restructuring and insolvency. With a highly qualified team and a differentiated strategic approach, the firm stands out for offering innovative and efficient legal solutions to companies in critical moments.’

‘Rodrigo Quadrante is a highly qualified professional and a reference in the area of ​​restructuring and insolvency. With in-depth legal knowledge and a keen strategic vision, he stands out for his ability to develop efficient and innovative solutions for companies and creditors in challenging situations.‘

‘A firm with a highly experienced team and a long-standing tradition in restructuring and insolvency. The professionals are extremely well qualified, with a prominent role in court proceedings involving significant issues and legal theories in judicial and extrajudicial reorganisation, as well as bankruptcy.’

Kernmandanten

UTC Participações S.A.


Wow Nutrition S.A.


Schahin Participações S.A.


Banco Fibra S.A.


Montblanc Securitizadora de Crédito S.A.


Axxon Group


ENGIE BRASIL


Alumini Engenharia S.A.


MASSA FALIDA BANCO SANTOS S.A


Q!Bazar – E2E


Quadra Capital S.A.


Bams Participações


Kerui Método Construção e Montagem S.A.


Highlight-Mandate


Petribu, Cabrera, Pires de Mello e Afonso Advogados

Singled out for ‘its technical quality, agility and assertiveness in handling strategic demands related to restructuring, insolvency and credit recovery’, Petribu, Cabrera, Pires de Mello e Afonso Advogados is particularly noted for its strong track record in mandates concerning the agribusiness sector. The São Paulo-based team is jointly led by Ben-Hur Cabrera Filho, recognised for his experience in judicial credit recovery and debt restructuring in the agribusiness sector; Henrique Petribu Faria, who handles both contentious and non-contentious matters; Rodrigo Pires de Mello, who focuses on credit recovery; and Guilherme Oliveira Afonso who is also noted for his solid track record in judicial proceedings involving the agribusiness segment.

Praxisleiter:

Ben-Hur Cabrera Filho; Rodrigo Pires de Mello; Henrique Petribu Faria; Guilherme Oliveira Afonso


Referenzen

‘PCPM has stood out for its technical quality, agility and assertiveness in handling strategic demands related to restructuring, insolvency and credit recovery. As a highlight, I would like to point out that the partners themselves directly handle the cases and have direct contact with us.’

‘I would like to highlight partners Ben-Hur Cabrera Filho and Guilherme Afonso, all of whom are extremely competent and directly involved in our cases.‘

‘A firm with a structure for national service and high quality standards, with partners closely linked to client matters.‘

Highlight-Mandate


  • Represented a major insurance company in the court restructuring proceeding filed by the counterparty, a leading Brazilian rendering company.

Souto Correa Advogados

Active across the energy, real estate, logistics, and financial sectors, Souto Correa Advogados' restructuring and insolvency practice is regularly instructed in credit recovery, corporate reorganisations, bankruptcy, debt restructuring and extrajudicial liquidation matters. The practice is led by Luis Felipe Spinelli, who brings together expertise in corporate law and restructuring and insolvency matters. Gilberto Deon Corrêa Júnior and Rodrigo Tellechea are also key contacts for restructuring and bankruptcy-related mandates.

Praxisleiter:

Luis Felipe Spinelli


Weitere Kernanwälte:

Gilberto Deon Corrêa Junior; Rodrigo Tellechea


Kernmandanten

Baldo S.A.


Ecovix Construções Oceânicas S.A.


Banco BTG Pactual S.A.


CPFL Group


ADM do Brasil Ltda.


International Finance Corporation (IFC)


Chinatex Grains and Oils (H.K.) Limited


Lenovo Tecnologia (Brasil) Ltda.


Eurofarma Laboratórios S.A.


Samsung Eletrônica da Amazônia Ltda.


Brasil/CT – Comércio e Indústria S.A.


Highlight-Mandate


  • Represented a creditor in the judicial recovery process of a major retailer, advocating for proper classification as a supplier creditor under the recovery plan and ensuring compliance to avoid potential bankruptcy conversion.
  • Defended a major shipbuilder in its judicial reorganisation, ensuring creditor compliance, preventing asset expropriation, and facilitating approval of an amended recovery plan.
  • Represented a major financial institution in the bankruptcy case of Mais Econômica and two lawsuits alleging indirect control through BR Pharma.

Tauil & Chequer Advogados

Often retained by investors and creditors to assist with restructuring proceedings‘, Tauil & Chequer Advogados’ restructuring and insolvency practice offers comprehensive coverage across the full range of bankruptcy matters, including judicial and extrajudicial restructurings, credit recovery and distressed asset transactions. The São Paulo-based team is led by Liv Machado Fallet, who possesses considerable experience in restructuring, insolvency, and debt recovery mandates. Aline Sanches is also a key contact, frequently assisting financial institutions, investors, bondholders, trustees, collateral agents and companies in distress with judicial and extrajudicial reorganisations and bankruptcies.

Praxisleiter:

Liv Machado


Weitere Kernanwälte:

Aline Sanches


Referenzen

‘Liv Machado is an acclaimed lawyer, often sought after by high-profile companies to assist with complex debt restructuring, judicial restructuring and acquisition of distressed assets.’

‚Tauil & Chequer Advogados in association with Mayer Brown distinguishes itself through its exceptional responsiveness, delivering timely and professional legal services that consistently meet and exceed client expectations.‘

‚The individuals I work with are distinguished by their exceptional professionalism, client-centric approach, and unique strengths. Among them, Liv Machado stands out for her strategic vision and industry expertise, consistently delivering innovative solutions that exceed client expectations.‘

Kernmandanten

Banco Bradesco S.A.


The Bank of New York Mellon („BNYM“)


Banco Santander (Brasil) S.A.


Deloitte Touche Tohmatsu Consultores Ltda.


China Construction Bank Brasil Banco Múltiplo S.A. („CCB Brasil“)


Banco ABC do Brasil S.A.


Minmetals Cheerglory Limited


HSBC Bank USA


Jefferies LLC.


US Bank Trust Company National Association


Hasbro do Brasil Indústria e Comércio de Brinquedos e Jogos LTDA


HERSHEY DO BRASIL LTDA.


Merqueo Comércio Varejista e Intermediação de Negócios


Glas Trust COMPANY LLC


Banco BTG Pactual S.A.


Itaú Unibanco S.A.


Valora Gestão de Investimentos Ltda.


Arcelormital Brasil S.A.


J. Mendonça Agrícola S.A.


J. Mendonça Agropecuária S.A.


Highlight-Mandate


  • Represented BNY Mellon in the judicial reorganisation proceedings of OEC Group.
  • Represented BNY Mellon, as the trustee named in the indenture governing the notes issued by Light SESA and Light Energia in the judicial reorganisation proceeding filed by Light S.A. (holding), which involves the restructuring of R$11bn of debt.
  • Advised Arcelormittal on the negotiation, risk assessment and structuring of the merger and acquisition agreement for the companies Brazil Steel Investimentos e Participações S/A e Dânica Soluções Termoisolantes Integradas S/A in the context of its judicial reorganisation for a total amount of approximately R$200m.

Trench Rossi Watanabe

Trench Rossi Watanabe's restructuring team is frequently engaged by investors and creditors in judicial restructurings and out-of-court reorganisations. The practice is jointly led by Gledson Campos and Giuliana Schunck; both department heads boast a wealth of experience in bankruptcy, restructuring and insolvency proceedings. Mariana Conrado stands out at the associate level for her involvement in contentious and transactional matters.

Praxisleiter:

Gledson Campos; Giuliana Schunck


Weitere Kernanwälte:

Mariana Conrado


Referenzen

‘The technical expertise of the professionals is one of the firm’s key strengths. In addition, the lawyers’ availability to assist clients is a real differentiator. As the firm has teams across various practice areas, the advice provided is multidisciplinary and meets any related needs that may arise.’

‘Mariana Conrado and Gledson Campos are the professionals who stood out the most.’

Kernmandanten

Accenture do Brasil Ltda.


Acco Brands Brasil Ltda


Advansix Inc.


Amdocs (Brasil) Ltda.


Emerson Electric do Brasil Ltda.


Falcon Distribuição, Armazenamento e Transportes S.A.


Mercon Coffee Corporation


Motorola Mobility Comércio de Produtos Eletrônicos Ltda.


Motorola Solutions Ltda.


Nestlé Brasil Ltda.


Omnisys Engenharia Ltda.


Oracle do Brasil Sistemas Ltda.


Petrobrás Distribuidora S.A (currently named Vibra Energia S.A)


Procter & Gamble do Brasil Ltda.


Profarma Distribuidora de Produtos Farmacêuticos S.A.


SAP do Brasil Ltda.


SBI Nevada, Inc.


Somos Sistemas de Ensino S.A.


Starbucks Coffee International, Inc.


Starbucks Corporation


Stolthaven Santos Ltda.


Sucafina Brasil Indústria, Comércio e Exportação Ltda.


Thales Portugal S.A. (currently named Hitachi Rail GTS Portugal S.A.)


Ticona Polymers Ltda.


Vubiquity Management LTDA GBP


WIZ Soluções e Corretagem de Seguros S.A.


W. L. Gore & Associates do Brasil Ltda.


Highlight-Mandate


  • Assisting Mercon Coffee Corporation in requesting the recognition of the Chapter 11 procedure filed by Mercon Group in the US.
  • Assisting Oracle do Brasil Sistemas Ltda., Amdocs (Brasil) Ltda., Vubiquity Management LTDA GBP and others with the judicial reorganisation of Oi Group, filed before the 7th Commercial Court of Rio de Janeiro, State of Rio de Janeiro.
  • Assisting and representing Advansix, Inc. in the judicial reorganisation of Fertilizantes Heringer S/A pending before the 2nd Civil Court of Paulínia, State of São Paulo.

Bumachar Advogados Associados

Praised for its ‘high technical capacity’, Bumachar Advogados Associados advises debtors, creditors, investors and other stakeholders on a wide range of judicial and extrajudicial restructuring matters, including debt recoveries and negotiations. The team, which acts for clients in the construction, healthcare, financial and education sectors, is jointly led by Juliana Bumachar, Hayna Bittencourt and Vitor Hugo Erlich Varella.

Praxisleiter:

Juliana Bumachar; Vitor Hugo Erlich Varella; Hayna Bittencourt


Referenzen

‘Prepared lawyers who are fully dedicated to the client’s needs. Creative and efficient in resolving disputes.‘

‘Juliana Bumachar and Vitor Varella – dedication to the client and availability for service. In-depth legal knowledge of the subject.‘

‘A team with high technical capacity that provides confidence in its opinions. It understands the client’s problems and finds the solution that suits them. ’

Kernmandanten

Unimed Rio


Mina Tucano Ltda., Mining


Calçada Empreendimentos Imobiliários S.A., Construction


Viação VG Eireli, Transport


Valença da Bahia Maricultura S.A


Boart & Wire do Brasil Utensílios Diamantados LTDA, Raw material/Civil construction


RIOPET Embalagens S.A., Plastic


Reginaves Indústria e Comercio de Aves LTDA, Food Industry


Centro Universitário Celso Lisboa


Clube de Regatas Vasco da Gama


Ager Imóveis


Enaval Engenharia e Offshore LTDA


Italate – Indústria e Comércio de Laticínios Eirelli ME,


Highlight-Mandate


  • Advised Unimed-Rio, part of the largest medical cooperative in Latin America, on its out-of-court restructuring to address a R$366m deficit, preserving business continuity and avoiding reputational damage.
  • Advised Mina Tucano, the primary entity of the Tucano Group, on its judicial recovery process, enabling the restructuring of over R$1bn in debt.
  • Advised Calçada, a leading construction company in Rio de Janeiro, on its judicial recovery process in response to significant indebtedness caused by widespread purchase cancellations during a national economic crisis.

FASV Advogados

Noted for bringing together 'a unique balance of negotiation and litigation practices, with knowledge of the financial market', FASV Advogados' restructuring and insolvency department is well-versed in contentious and transactional matters in the context of judicial reorganisations. The São Paulo-based team is jointly led by partners Alexandre Faro and Gabriel Antonio Soares Freire, who are highly experienced in distressed asset sales and judicial reorganisations, along with Luíta Maria Ourém Sabóia Vieira, recognised for her experience in bankruptcy proceedings and judicial restructurings.

Praxisleiter:

Gabriel Antonio Soares Freire Junior; Alexandre Gereto de Mello Faro; Luíta Maria Ourém Sabóia Vieira


Referenzen

‘The firm brings together a unique balance of negotiation and litigation practices, with knowledge of the financial market, bringing unique and extraordinary solutions to the cases in which it operates. The firm’s business vision and pro-deal mindset make it one of our most important partners in the stressed assets and special situations market, which applies to both debtors and investors. In both situations, the firm’s structures and exceptional results for all parties involved are highlighted.‘

‘Alexandre Faro: combination of an aggressive stance in litigation with architectural solutions for negotiations/projects. This is a comprehensive practice that stands out in the insolvency environment.‘

‚Luíta Vieira stands out for her litigation practice, earning respect and credibility before the Judiciary. Without a doubt, her sensitivity has been a great asset. ’

Kernmandanten

Banco BTG Pactual


Grupo Terra Forte


Grupo Ecovix


Grupo Inepar


Construções, Engenharia e Pavimentação Enpavi


Crown Ocean Capital


Pravda Investimentos


DC Investimentos


PSC Group


C6 Bank


Electro Plastic


Samarco’s Creditors Committee


Invista FIDIC


Enforce Group


KROMOTEX COMERCIAL LTDA.


Kuara Capital


LEXIS CAPITAL


GRUPO ELISA AGRO


GALAPAGOS CAPITAL


Grupo Penha


Grupo Premier


Jari Celulose


Strata Capital


BRSS Investimentos


Highlight-Mandate


  • Advised BTG on investments made within insolvency proceedings, involving over R$ 1bn of face value in assets, in several insolvency proceedings.
  • Advised Terra Forte Group on all aspects of the restructuring, which involves a R$ 1.4bn debt.
  • Acted in Ecovix’s restructuring, involving over R$7.8bn in debt.

LMorato Advogados

LMorato Advogados' restructuring and insolvency department, based in São Paulo, is led by Leonardo Morato, who brings broad expertise in distressed asset sales, debt restructuring and related disputes. António Aires is also a key figure in the team, noted for his extensive experience of over four decades in advising both domestic and international financial institutions on judicial recovery and restructuring matters. Both practitioners are praised by clients for their 'exceptional technical competence, business vision, very close customer service, and knowledge of the client's business'.

Praxisleiter:

Leonardo Morato


Weitere Kernanwälte:

António Aires


Referenzen

‘Technical quality, business vision, excellent customer service, highly qualified professionals focused on the best solution for the client.’

‘Partner Antonio Aires and Leonardo Morato: highly qualified, exceptional technical competence, business vision, very close customer service, knowledge of the client’s business.‘

‘LMorato is a leading firm in the area of debt restructuring and insolvency, thanks to the extensive experience of its partners.’

Kernmandanten

Deutsche Bank


Banco Bradesco S/A


Fundo Garantidor de Credito – FGC


Concessionaria Rodovias do Tiete


Concessionaria Rio Mais


DL Iberica Equiprent, S.A.U.


Scania Group


AB Concessões and Autostrade do Brasil S/A


Dow Quimica Brasil


Nau Capital


SkyOne Solutions


Archx Capital


Highlight-Mandate


  • Advised Rodovias do Tietê on the R$2.5bn judicial restructuring (“Recuperação Judicial” – chapter 11 equivalent), converting debts into investment fund quotas owned by 17,000 debenture holders, resolving liabilities and ensuring full operation.
  • Represented Fundo Garantidor de Crédito – FGC in a bankruptcy litigation case against Banco BVA, enforcing a settlement and recovering securities and monies in a bankruptcy.
  • Advised Bradesco on the $10m restructuring of Hurb (Hotel Urbano), a prominent hotel reservation platform, navigating ongoing legal and operational complexities to safeguard creditor interests.

PGLaw

A popular destination for insolvent commercial entities, PGLaw's restructuring practice is frequently sought after for its expertise in judicial restructurings, bankruptcy proceedings, distressed M&A and credit recovery. The team has a solid track record across sectors such as agribusiness, IT, manufacturing and chemicals. São Paulo-based Thomaz Luiz Sant’Ana, who focuses on judicial and extrajudicial recoveries, bankruptcy proceedings and debt restructuring matters, and Maria Fabiana Seoane Dominguez Sant’Ana, also noted for her experience in debt restructuring, asset recovery and dispute resolution, jointly lead the team.

Praxisleiter:

Thomaz Luiz Sant’Ana; Maria Fabiana Seoane Dominguez Sant’Ana


Weitere Kernanwälte:

Andressa Kassardjian Codjaian


Referenzen

‘They are quick and very firm in their opinions. They consider the risks for the client, but also point out legal solutions, making the client feel comfortable making a commercial decision. Because they are always very aware of the latest developments in the market, in addition to helping us with the demands we have, they always bring opportunities for us to think about new businesses and investments. ’

‘Thomaz Luiz Sant’Ana: Very experienced and respected in the market. A careful and pro-business lawyer. He knows our operations and helps a lot with solutions. Andressa Kassardjian Codjaian : In addition to having a high level of technical knowledge, she gives her all to making the operation happen.‘

Kernmandanten

Renuka Group (Renuka do Brasil S.A. and Renuka Vale do Ivaí S.A.)


Abengoa Concessões


Gibbs International


BTG Pactual S.A.


VHCG Group


Itálica Saúde S.A.


Moka Investment Fund


Comércio de Pneus Valetão


RDGS Cerruti Transporte e Logística


Fábrica Nacional de Condutores Elétricos (FNCE)


Sistema Brasileiro de Telecomunicações (SBT)


Ambev S.A.


L. Lamelas Agroflorestal e Agropecuária


Brasilmetal S.A.


Titular Distribuidora de Títulos e Valores Mobiliários


White & Case LLP


SulAmérica Capitalização S.A.


Cidade Tognato S.A. Empreendimentos Imobiliários


Highlight-Mandate


  • Advises Renuka Group on its court-supervised restructurings.
  • Advises BTG Pactual on several court-supervised restructurings and bankruptcies, analysing the feasibility for the bank to invest in the debtors’ activities (DIP financing) or in its assets.
  • Acted in the defence of Abengoa in more than 350 lawsuits (civil and labour) related to claims subject to Abengoa’s judicial recovery process.

Rayes e Fagundes

The restructuring and bankruptcy team at Rayes e Fagundes possesses extensive experience in judicial and extrajudicial restructurings, often advising creditors, investors, and shareholders. The group is also active in distressed asset transactions, credit recovery, and private debt restructuring negotiations. Based in São Paulo, the practice is jointly led by litigator Eduardo Vital Chaves, Ligia Azevedo Ribeiro Sacardo, a specialist in restructuring, bankruptcy and credit recovery, and Renata Cavalcante de Oliveira, a key contact for creditors engaged in court restructuring cases.

Praxisleiter:

Eduardo Vital Chaves; Ligia Azevedo Ribeiro Sacardo; Renata Cavalcante de Oliveira


Weitere Kernanwälte:

Brenno Mussolin Nogueira


Kernmandanten

Moksha8 Brasil Indústria e Comercio de Medicamentos Ltda


Besins Healthcare Brasil


DHL


Nokia / Alcatel


Mercedes-Benz


FEDEX


IBM


Localiza


Banco Voiter


Traive do Brasil


Highlight-Mandate


  • Assisted Localiza in managing its interests in the court restructuring proceedings of Odebrecht.
  • Defending the interests of Grupo IBM in the court restructuring of Oi.
  • Represented MARS in the court restructuring of Lojas Americanas.

Sacramone, Orleans e Bragança Advogados

Sacramone, Orleans e Bragança Advogados’ team advises on judicial and extrajudicial recovery proceedings, debt restructuring, insolvency litigation and DIP financing transactions across a wide range of sectors, including retail, agribusiness, aviation, mining and education. Marcelo Sacramone, who has a wealth of experience in bankruptcy cases and court restructurings, oversees the practice with Gabriel de Orleans e Bragança and Hugo Tubone Yamashita. Associate Ana Carolina Picarone Andriolli is also recognised for her 'extraordinary ability to understand complex operations and an almost instantaneous way of finding solutions'.

Praxisleiter:

Marcelo Sacramone; Gabriel de Orleans e Bragança; Hugo Tubone Yamashita; Marcelo Sacramone; Gabriel de Orleans e Bragança; Hugo Tubone Yamashita


Weitere Kernanwälte:

Ana Carolina Picarone Andriolli


Referenzen

‘Rapid understanding of the case with immediate proposal of the appropriate legal solution for the case under discussion. High involvement of partners and an extremely qualified team, speed up discussions and resolutions of cases.’

‘The Sacramone Orleans e Bragança Advogados law firm stands out for the direct and strategic work of its partners in handling cases, ensuring innovative and fast solutions. In addition, the team of lawyers ensures highly efficient internal and external communication, resulting in an environment of high performance and synergy.’

‘With solid academic backgrounds and extensive practical experience, partners Marcelo Sacramone, Gabriel de Orleans e Bragança and Hugo Tubone Yamashita stand out for the excellence of the services they provide and for their active and highly technical approach to each case, as can be seen in the many awards the firm has received.’

Kernmandanten

Oliveira Trust Distribuidora de Títulos e Valores Mobiliários S.A.


Dia Brasil Sociedade Limitada


Máxima Energia Comercializadora Ltda.


Makalu Investimentos


Artesanal Investimentos


Banco Pine S.A.


Fabio Luis Maldonado


Mav Capital


Itaú Unibanco S.A.


Banco Bocom BBM


Flowinvest Fundo de Investimento em Direitos Creditórios


Gustavo (Cargill Agrícola)


Multiplica Fundo de Investimento em Direitos Creditórios


Banco Safra S.A.


Banco Master S.A.


Cooperativa C. Vale


Hauscenter S.A.


CCB Brasil S.A.


Invista Fundo de Investimentos em Direitos Creditórios


Integração Participações S.A.


Banco da Amazônia


Banco Rabobank International Brasil S.A.


Banco Santander (Brasil) S.A.


Oliveira Trust Distribuidora de Títulos e Valores Mobiliários S.A.


Dia Brasil Sociedade Limitada


Máxima Energia Comercializadora Ltda.


Makalu Investimentos


Artesanal Investimentos


Banco Pine S.A.


Fabio Luis Maldonado


Mav Capital


Itaú Unibanco S.A.


Banco Bocom BBM


Flowinvest Fundo de Investimento em Direitos Creditórios


Gustavo (Cargill Agrícola)


Multiplica Fundo de Investimento em Direitos Creditórios


Banco Safra S.A.


Banco Master S.A.


Cooperativa C. Vale


Hauscenter S.A.


CCB Brasil S.A.


Invista Fundo de Investimentos em Direitos Creditórios


Integração Participações S.A.


Banco da Amazônia


Banco Rabobank International Brasil S.A.


Banco Santander (Brasil) S.A.


Highlight-Mandate


Santos Advogados

Singled out for its strong presence in the agribusiness space, the restructuring and insolvency team at Santos Neto Advogados advises sector-related clients - including corporate debtors, creditors and investors - on judicial and extrajudicial reorganisations, distressed asset transactions, and bankruptcy matters. Practice head Fernando Bilotti Ferreira - 'an extremely intelligent and capable professional' - regularly advises on major judicial restructuring proceedings involving the agribusiness sector.

Praxisleiter:

Fernando Bilotti Ferreira


Weitere Kernanwälte:

Bruno de Oliveira Mondolfo


Referenzen

‚The firm has highly qualified professionals to meet demands on a global basis, in addition to having good relationships with other related areas. Everyone is easy to reach and communicate with, in addition to providing quick and prompt responses.’

‘Fernando Bilotti: an extremely intelligent and capable professional, friendly and pleasant, without excessive formalities and easy to approach, with practical and agile solutions.‘

Highlight-Mandate


Souza Araujo Butzer Zanchim Advogados – SABZ Advogados

Souza Araujo Butzer Zanchim Advogados – SABZ Advogados provides full-service support in ongoing insolvency matters, with particular expertise in real estate, construction, and infrastructure. The team handles both contentious and non-contentious work, including judicial reorganisations and debt restructurings. Paulo Doron Rehder De Araujo and Kleber Luiz Zanchim are key contacts.

Highlight-Mandate


Tepedino, Berezowski e Poppa Advogados

A popular choice for financial institutions, investment funds, and corporate clients, Tepedino, Berezowski e Poppa Advogados has a strong track record in handling complex out-of-court restructurings, debt recovery and restructuring matters, and for acting on behalf of major creditors in judicial insolvency proceedings. The department is under the joint leadership of Bruno PoppaRodolfo Fontana, and José Eduardo Tavanti Junior, who possess extensive experience in bankruptcy proceedings and debt restructuring negotiations.

Praxisleiter:

Bruno Poppa; José Eduardo Tavanti Junior; Rodolfo Fontana


Referenzen

‘It is undoubtedly one of the firms with the highest technical quality and legal creativity among the firms focused on litigation. They present inventive and aggressive legal strategies in the right measure, contributing to good results in the processes they conduct.‘

‘Bruno Poppa, José Eduardo Tavanti Junior, and Rodolfo Fontana are professionals with an extremely high technical level, with great legal creativity and excellent litigation lawyers.‘

‘A highly trained team of top-notch professionals. They are undoubtedly among the best in corporate litigation law in Brazil, working on a wide range of dispute resolution issues, as well as restructuring and insolvency. They come from a long-standing and traditional school of litigation.‘ 

Kernmandanten

Banco BTG Pactual S.A.


Jive Asset Management


XP Investimentos


Quadra Gestão de Recursos


Kinea Investimentos


SPS Capital


Prisma Capital


Credit Suisse


Strategi Capital


Farallon Latin America


China Construction Bank


Banco Votorantim S.A.


Asa Investments


Louis Dreyfus


Invista


Daniele Banco


Vórtx


Highlight-Mandate


  • Advised C&C on a bankruptcy dispute, securing a court ruling that rejected an additional R$81m payment request.
  • Advised BTG Pactual on acquiring R$1.5 bn worth of Banco Nacional’s controlling shares, providing legal opinions and due diligence.
  • Assisted SPS funds in recovering debt from Starbucks Brasil’s R$1.5bn debenture, including U.S. and Brazilian proceedings.

TozziniFreire

The insolvency and restructuring practice at TozziniFreire is skilled at handling judicial reorganisation proceedings for several stakeholders, including creditors, investors and suppliers. The São Paulo-based team is led by Gabriela Martines, whose areas of expertise cover bilateral and syndicated loan restructuring, corporate recovery and insolvency proceedings and credit recovery. Notably, Flávia Cristina Moreira de Campos Andrade left the team in January 2025.

Praxisleiter:

Gabriela Martines


Weitere Kernanwälte:

Victoria de Azevedo Torres


Referenzen

‘The firm has a technical team with in-depth legal knowledge, providing advice not only on issues related to law, but also on matters related to negotiation, economics, etc. They provide an accurate assessment of the risks involved in the process.‘

‘In this area, we highlight the lawyers Victória de Azevedo Torres and Gabriela Martines. They have knowledge, initiative and leadership.‘

Kernmandanten

Oracle do Brasil Sistemas Ltda.


Hanesbrands Inc.


Colgate Palmolive Comercial Ltda.


Akamai Tecnologias e Serviços do Brasil Ltda.


LinkedIn


Facebook Serviços Online do Brasil Ltda.


Aratulog Armazenagem S.A.


Crown Embalagens Metálicas da Amazônia S.A.


Mercado Pago/Mercado Livre


Banrisul – Banco do Estado do Rio Grande do Sul S.A.


WeWork Serviços de Escritórios Ltda.


Abille Comunicação Ltda.


Motul Brasil Lubrificantes


Spal Indústria Brasileira de Bebidas S.A.


SKF do Brasil Ltda


Claro S.A.


Claranet Technology S.A.


Fênix Paper Indústria e Comércio de Embalagens Ltda.


Highlight-Mandate


  • Represented several creditors in Americanas’ judicial reorganisation.
  • Assisted Crown Embalagens Metálicas da Amazônia in negotiating and drafting a “Debt Confession Agreement” with Group Petrópolis.
  • Acted for Mercado Pago (the financial company of Mercado Livre) in the judicial reorganisation proceeding of 123 Milhas.