Mayer Brown and Tauil & Chequer Advogados (T&C), in association with Mayer Brown, advised on two transactions that were named winners in the “Health Care Services Restructuring of the Year” and “Turnaround of the Year” categories at Global M&A Network’s 11th Annual Turnaround Atlas Awards, which honors the best value-creating transactions, outstanding firms, professionals and legendary leaders from the international restructuring, investing, distressed M&A, and turnaround communities for successfully closing transactions. This is the second time a T&C transaction has been recognized in the “Turnaround of the Year” category. The winning transactions are:

ProCure Proton Therapy Center restructuring and refinance: Health Care Services Restructuring of the Year

Mayer Brown lawyers represented BNP Paribas Fortis Bank S.A./N.V., as agent on behalf of four overlapping but different syndicates of lenders, in connection with the restructuring/refinancing/exit of several secured loans for cancer treatment centers across the US in the original aggregate principal amount of approximately $500 million, including innovative use of the municipal bond market to facilitate exit financing (both out-of-court and in connection with a prepackaged chapter 11) and, separately, through a highly contested section 363 bankruptcy sale process. The team was led by Restructuring, Bankruptcy & Insolvency partner Brian Trust (New York) and included: Restructuring, Bankruptcy & Insolvency partner Joaquin C de Baca, Tax Transaction & Consulting partner Jason Bazar, Banking & Finance partner George Miller, Restructuring, Bankruptcy and Insolvency associates Christine Walsh and Youmi Kim (all New York) and Litigation & Dispute Resolution partner Elizabeth Mann (Los Angeles).

Oi S.A judicial restructuring: Turnaround of the Year – Large - Mega Markets (Qualified as value above 10 billion USD)
T&C lawyers represented Bank of New York Mellon, as trustee, for the notes Oi Group has issued in the international financial markets in connection with Oi Group’s judicial reorganization case. The team was led by Restructuring, Bankruptcy & Insolvency partner Leonardo Morato and included partner Luciana Celidonio and associate Olivia Mesquita (all São Paulo).

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