Cleary Gottlieb Advises LATAM Restructuring

LATAM’s Chapter 1 one of the largest bankruptcies filed in recent times.

BY LATINVEX STAFF

Cleary Gottlieb represented Chile-based LATAM Airlines Group, Latin America’s largest air carrier, and certain of its affiliates in Chile, Brazil, Peru, Colombia, Ecuador, the Cayman Islands, and the United States, in the company’s successful exit November 3 from a first-of-its-kind cross-border debt restructuring before the United States Bankruptcy Court for the Southern District of New York.

LATAM’s Chapter 11 cases represent one of the largest bankruptcies filed in recent times, involving over $16 billion in liabilities and ...

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Keywords: Brazil, Chile, Cleary Gottlieb, Colombia, Ecuador, Finance, LATAM, Peru, Simpson Thacher