1. Home
  2. IBA Annual Conference Miami 2022
  3. Programme
  4. Multinational LATAM companies in distress: Chapter 11 or Chapter 15 of US Bankruptcy Code - opportunities and pitfalls

IBA Annual Conference Miami 2022

30 Oct - 4 Nov 2022

Room 209, Level 2

Session information

Multinational LATAM companies in distress: Chapter 11 or Chapter 15 of US Bankruptcy Code - opportunities and pitfalls

Thursday 3 November (1430 - 1545)

Gmail Yahoo Apple / Outlook
Room 209, Level 2
View location
Conference area
Networking hub (Exhibition hall)
Meeting rooms
Session rooms
The full venue map is available on the delegate homepage

Committee(s)

Insolvency Section (Lead)
Latin American Regional Forum

Description

In the last years, we have seen several Latin American companies filing for Chapter 11 in United States instead of filing for reorganization in their own countries and then seeking protection in the US under Chapter 15. This panel will address the reasons for such trends, focusing on the advantages and disadvantages of each of such strategies (Chapter 11 vs. Chapter 15), as well as on cultural matters. We shall also explore the different nature of the Latam multinationals’ equity composition, normally with a strong controlling shareholder, vis-à-vis the traditional US debtor and how the absolute priority rule may (or may not) influence the decision on where to file.  

Session / Workshop Chair(s)

Tomas Araya Bomchil, Buenos Aires, Argentina; Senior Vice Chair of Conferences, Insolvency Section
Fernando Martinot Santivañez Abogados, Lima, Peru; Membership Officer - South America, Insolvency Section

Speakers

Guilherme Fontes Bechara Demarest Advogados, São Paulo, Brazil
Susana Hidvegi-Arango Former Superintendent of Bankruptcy Proceedings, Bogota, Colombia
Ricardo Reveco Carey y Cia, Santiago, Chile; Industry Officer - Finance and Insurance, Insolvency Section
Lisa Schweitzer Cleary Gottlieb Steen & Hamilton LLP, New York, New York, USA

International Bar Association 2024 © Privacy policy Terms & conditions Cookie Settings Harassment policy

International Bar Association is incorporated as a Not-for-Profit Corporation under the laws of the State of New York in the United States of America and is registered with the Department of State of the State of New York with registration number 071114000655 - and the liability of its members is limited. Its registered address in New York is c/o Capitol Services Inc, 1218 Central Avenue, Suite 100, Albany, New York 12205.

The London office of International Bar Association is registered in England and Wales as a branch with registration number FC028342.