Restructuring & Insolvency
Our Reorganization and Insolvency practice has advised clients on some of the most emblematic proceedings of the recent past. We have participated in almost all cross-border insolvency proceedings with effects in our country. We have experience representing both debtors and creditors in these proceedings, as well as in relevant local insolvency proceedings, mainly in insolvency reorganization.
We understand that liquidation is not the only path granted by the New Insolvency Law, and it is here where we face the most important challenges in relation to the insolvency of companies and the consequences of, for example, the Covid-19 pandemic: the reorganization of viable companies that suffer certain and temporary effects, and that may opt for this path, rather than lowering their curtains. We stand out because we are able to provide creative solutions, always ensuring that our client’s objectives and business strategies are met.
The Legal 500 / 2023
Further to Chile’s 2019 social crisis (as well as the pandemic), the recent track record of Morales & Besa’s sizeable bankruptcy and restructuring practice focused on assisting domestic and international creditors and debtors with large companies’ reorganisation proceedings. The team’s expertise covers out-of-court debt restructurings, insolvency and restructuring-related litigation and arbitration (including claw-back actions), and cross-border insolvency matters; it priarily acts for a client base of businesses drawn from the healthcare, financial services, aviation, construction, entertainment and energy sectors. The practice is co-led by financing and restructuring specialist Myriam Barahona; and dispute resolution expert Gonzalo Cordero, whose practice includes insolvency and bankruptcy-related disputes.