Recent Trends in Brazilian and Mexican Debt Restructuring

Wednesday, March 4, 2009

As credit markets tighten, local currencies decline in value in relation to the US Dollar, and falling commodity prices adversely affect the hedging strategies of companies in Latin America, an increasing number of borrowers are facing the prospect of restructuring their debt. For their lenders and financial advisors, this means understanding the key issues that could arise and some practical steps that can be taken to help anticipate or even avoid them.

On March 4, Mayer Brown's Latin American practice is hosting an afternoon's seminar on the challenges and opportunities that this new environment raises. Together with partners from the leading Mexican and Brazilian firms of J uregui, Navarrete y Nader, and Souza Cescon Avedissian Barrieu e Flesch, and the head of Latin American restructuring at FTI Consulting, we will:

  • Review lessons learned from the previous debt restructurings in the region, and look ahead at what we can expect in the next
  • Provide an overview of the new Brazilian Insolvency law
  • Present an update on recent case studies from Mexico, and
  • Discuss how concurrent US proceedings play out, in particular with relation to derivative contracts.

Related Materials:
Presentation Slides (PDF)