Cleary Gottlieb’s global restructuring practice is at the forefront of the most complex restructurings, consistently delivering creative and effective advice to clients worldwide. We have substantial experience representing stakeholders across industries on every side of the table in cross-border restructurings in the United States, Latin America, Europe, the Middle East, and Asia. Our restructuring team advises on the most sophisticated bankruptcy litigations, and we excel at providing invaluable strategic advice to both buyers and sellers in distressed M&A transactions.
• LATAM Airlines Group S.A. and its affiliates in their successful reorganization under Chapter 11, including successful litigation regarding various plan, backstop, and claims matters
• Garuda, Indonesia’s flag carrier, in its $9.58 billion restructuring to address the ongoing challenges presented by the COVID-19 pandemic
• Genesis Global Capital, a subsidiary of Digital Currency Group, in its Chapter 11 restructuring proceeding and related corporate governance, regulatory, and investigative matters, including an investigation overseen by the Board’s Special Committee
• An ad hoc group of bondholders of bonds issued by subsidiaries of Azul S.A., a Brazilian airline founded by the creator of JetBlue Airways Corp., in the out-of-court restructuring of approximately $1.5 billion of indebtedness and a new money raise of $800 million
• Apollo Capital in a $1 billion first of its kind DIP facility to Aeroméxico as part of its Chapter 11 proceeding
• The ad hoc committee of hybrid bondholders in connection with the $5.4 billion restructuring of SAS AB, the owner of Scandinavian AirlinesLATAM Airlines Group S.A. and its affiliates in their successful reorganization under Chapter 11, including successful litigation regarding various plan, backstop, and claims matters
• Garuda, Indonesia’s flag carrier, in its $9.58 billion restructuring to address the ongoing challenges presented by the COVID-19 pandemic
• Genesis Global Capital, a subsidiary of Digital Currency Group, in its Chapter 11 restructuring proceeding and related corporate governance, regulatory, and investigative matters, including an investigation overseen by the Board’s Special Committee
• An ad hoc group of bondholders of bonds issued by subsidiaries of Azul S.A., a Brazilian airline founded by the creator of JetBlue Airways Corp., in the out-of-court restructuring of approximately $1.5 billion of indebtedness and a new money raise of $800 million
• Apollo Capital in a $1 billion first of its kind DIP facility to Aeroméxico as part of its Chapter 11 proceeding
• The ad hoc committee of hybrid bondholders in connection with the $5.4 billion restructuring of SAS AB, the owner of Scandinavian Airlines LATAM Airlines Group S.A. and its affiliates in their successful reorganization under Chapter 11, including successful litigation regarding various plan, backstop, and claims matters
• Garuda, Indonesia’s flag carrier, in its $9.58 billion restructuring to address the ongoing challenges presented by the COVID-19 pandemic
• Genesis Global Capital, a subsidiary of Digital Currency Group, in its Chapter 11 restructuring proceeding and related corporate governance, regulatory, and investigative matters, including an investigation overseen by the Board’s Special Committee
• An ad hoc group of bondholders of bonds issued by subsidiaries of Azul S.A., a Brazilian airline founded by the creator of JetBlue Airways Corp., in the out-of-court restructuring of approximately $1.5 billion of indebtedness and a new money raise of $800 million
• Apollo Capital in a $1 billion first of its kind DIP facility to Aeroméxico as part of its Chapter 11 proceeding
• The ad hoc committee of hybrid bondholders in connection with the $5.4 billion restructuring of SAS AB, the owner of Scandinavian Airlines
• Restructuring Team of the Year & Restructuring Deal of the Year, IFLR Americas Awards 2023
• Restructuring Deal of the Year, IFLR Asia-Pacific Awards 2023
• International Company Turnaround/Transaction of the Year and Mega Company Turnaround/Transaction of Year, TMA Turnaround and Transaction of the Year Awards 2023
• International Matter of the Year, American Bankruptcy Institute 2022
• Top Global Restructuring Firm, GRR30 2022
• Leading Firm for Restructuring/Insolvency, Chambers 2023
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Telephone
+1 212 225 2000
Website
http://www.clearygottlieb.com
Richard J. Cooper
Partner (New York)
T: 212 225 2276
E: rcooper@cgsh.com
Francisco L. Cestero
Partner (Sao Paulo)
T: 55 11 2196 7201
E: fcestero@cgsh.com
Lisa M. Schweitzer
Partner (New York)
T: 212 225 2629
E: lschweitzer@cgsh.com
Sean A. O’Neal
Partner (New York)
T: 212 225 2416
E: soneal@cgsh.com
Solomon J.Noh
Partner (London)
T: +44 20 7614 2306
E: sjnoh@cgsh.com
Polina Lyadnova
Partner (London)
T: 44 20 7614 2355
E: plyadnova@cgsh.com
Alastair Goldrein
Partner (London)
T:+44 20 7614 2322
E: agoldrein@cgsh.com