Transactions

Debt Restructuring and Insolvency

  • Emegé S.A. (large water heater supplier company in Argentina) in its reorganization proceeding (To date – 2015)
  • Continental Energy Investment LLC, Amanda Venture LLC, Coolbrand LLC and Latam Energy LLC, financial creditors of Gas Argentino S.A. (debt holders for approximately US$110 million), in such company’s reorganization proceeding. (2013-2009)
  • Deutsche Bank AG (London Branch) and Standard Bank Plc. as creditors (bondholders) in the reorganization proceeding of Metrogas S.A., where they claimed and obtained recognition of credits for the amounts of approximately US$ 25 million and US$ 62 million respectively. (2012-2010)
  • Banco Macro S.A. as creditor in the reorganization proceeding of Fibra Papelera S.A., where it claimed and obtained recognition of a credit for approximately US$ 10.5 million. (2012-2010)
  • Socotherm Américas S.A. and Socotherm SpA in the restructuring of Socotherm Américas S.A.’s debt incurred with the syndicated group of banks composed by Banco Comafi S.A., Banco Itaú Argentina S.A., Banco Macro S.A., Banco Santander Río S.A., BNP Paribas Sucursal Buenos Aires, HSBC Bank Argentina S.A., Standard Bank Argentina S.A. and la Sucursal de Citibank N.A. establecida en la República Argentina. (2011)
  • Empresa Distribuidora y Comercializadora Norte S.A. (Edenor) in its offer for the exchange and/or repurchase of US$122.6 million outstanding notes and the offer of new notes for an aggregate amount of US$90.3 million. (2010)
  • Unión Argentina de Rugby (UAR) in its reorganization proceeding. (2009-2006)
  • Empresa Distribuidora y Comercializadora Norte S.A. (Edenor) in its financial debt restructuring process through a pre-packaged plan (acuerdo preventivo extrajudicial) with an exchange offer of US$534 million outstanding notes and other financial instruments for new notes and cash payments. (2006)
  • Electricidad Argentina S.A. (EASA) (holding entity of Edenor) in its financial debt restructuring process through a pre-packaged plan (acuerdo preventivo extrajudicial) with an exchange offer of US$117.4 million outstanding notes and other financial instruments for new notes and cash payments. (2006)
  • Fintech Advisory Ltd. and the other members of the Ad Hoc Creditors’ Committee of Telecom Argentina S.A. in its financial debt restructuring process through a pre-packaged plan (acuerdo preventivo extrajudicial) with an exchange offer for new notes and cash payments (the biggest private debt restructuring process in Argentina, involving approximately US$3,000 million). (2005-2004)
  • Bank of America Corporation and its affiliates Blue Ridge Investments LLC and Nations Argentina S.A. as (i) secured creditors in the reorganization proceedings (subsequently bankruptcies) of Compañía de Indumentaria S.A. (CISA) and Minnetonka S.A., and (ii) defendants in the bankruptcy extension action initiated against such entities. (2005-2000)

    • Orígenes Seguros de Retiro S.A. in a preliminary measure (injunction) and collection proceedings against Industrias Metalúrgicas Pescarmona S.A.I.C. y F. Orígenes holds unpaid bonds (2017)
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