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Morgan, Lewis & Bockius LLP

101 PARK AVENUE, NEW YORK, NY 10178-0060, USA
Tel:
Work +1 212 309 6000
Fax:
Fax +1 212 309 6001
Email:
Web:
www.morganlewis.com

Timothy DeSieno

Tel:
Work +1.212.309.6600
Email:
Morgan, Lewis & Bockius LLP

Work Department

Latin America Team; Corporate & Business Transactions; Finance

Position

Tim DeSieno advises institutional investors in protecting and restructuring their investments globally in cases of economic, political, financial, or other stress. Tim’s work includes advising a group of holders of untendered Argentine sovereign bonds in connection with their “pari passu” rights, advising sovereign creditors of Greece and Grenada, advising creditors of nationalized businesses in Venezuela, advising creditors on their exposure to stressed banks in Iceland and Ireland, and advising creditors on their exposure to stressed energy companies in Latin America and Europe.  Tim’s recent work includes advising creditors and creditor committees in restructurings in Argentina, Australia, Brazil, China, the Dominican Republic, Ecuador, Indonesia, Kazakhstan, Malaysia, Mexico, Puerto Rico, Spain, Russia, and Thailand.

Member

Member, INSOL International

Education

Davidson College, BA; Emory University School of Law


Latin America: International firms

Banking and finance

Within: Banking and finance

Morgan, Lewis & Bockius LLP remains best known for bilateral and syndicated loans in Brazil and continues to be a leader in bondholder debt restructurings across the region. Argentina is a growth market for a team that is also active in Central America. Moreover, the practice is increasingly active in private placements in Latin America. The firm is especially close to HSBC, which it advises on multiple transactions, and has a growing connection to the likes of ING, Deutsche Bank and Bank of America; its private placement work, in turn, is driven by a number of insurance company clients. The team continues to advise the steering committee of bondholders in the restructuring of Brazilian construction company OAS; and represented Argentina’s sovereign bondholders on their rights under equal treatment clauses and in connection with related settlement discussions. Notably, the firm’s bondholder debt restructuring expertise is increasingly sought by banks to assess creditor exposure. Timothy DeSieno has an outstanding record in bondholder debt restructurings in the region, while co-chair of the Latin America practice Thomas Mellor is known for bilateral and syndicated loans, especially in Brazil. Brazil-qualified and Houston-based Felipe Alice is known for restructurings and front-end lending; also in Houston, Mexico-qualified Humberto Padilla Gonzalez has immense experience in that jurisdiction; while Washington DC-based Ulises Pin is particularly noted for telecoms financings. Hartford partner Daniel Papermaster and Thomas O’Connor are recognised for private placements in the region. Luis Torres-Cervantes is the key name at associate level for bank lending. All named individuals are New York-based unless stated otherwise.

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Capital markets

Within: Capital markets

Morgan, Lewis & Bockius LLP is an up-and-coming brand in the Latin America capital markets segment. It has earned accolades for some time for its work in bond debt restructurings (including those in the sovereign space), but it is now also gaining recognition for its work in debt private placements, sovereign bond offerings and mainstream public offerings by Latin American private sector issuers. It previously advised Morgan Stanley and HSBC, as lead managers, on the $375m Reg S Eurobond offering by Mexican state-owned national electricity company CFE. The firm also represented an institutional investor group in a private placement by a Mexican real estate company and it continues to advise the sovereign bondholders in connection with Argentina’s long-running sovereign debt litigation. London partner Carter Brod deserves much of the credit for the firm’s growing pipeline of deals, while New York partner Timothy DeSieno continues to be a recognised force in bond debt restructurings.

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