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Dechert LLP

1095 AVENUE OF THE AMERICAS, NEW YORK, NY 10036-6797, USA
Tel:
Work +1 212 698 3500
Fax:
Fax +1 212 698 3599
Email:
Web:
www.dechert.com

Allan S. Brilliant

Tel:
Work +1 212 698 3600
Email:
Dechert LLP

Work Department

Financial Restructuring

Position

Co-chair and Partner, Dechert's Financial Restructuring practice

Career

Allan S. Brilliant represents bank groups, unsecured creditors' and bondholder committees, acquirers, and debtors in large-scale restructurings and reorganizations and in non-judicial workouts throughout the United States. Mr. Brilliant also has significant experience advising bondholders on cross-border restructurings and reorganizations around the world, with an especially strong track record in Latin America. He also has experience in bankruptcy litigation, particularly in fraudulent transfer and preference litigation, contested confirmation hearings, and bankruptcy appeals.

Education

The Wharton School, University of Pennsylvania, B.S., 1982, cum laude; Northwestern University School of Law, J.D., 1986, With honors, Order of the Coif


Latin America: International firms

Banking and finance

Within: Banking and finance

Dechert LLP continues to be at the forefront of cross-border insolvencies and restructurings in Latin America, most notably in Brazil. The ‘excellent’, ‘top notch’ team is ‘very experienced’, ‘plugged in 24/7’, ‘focused’ and ‘commercially minded’. Moreover, the firm’s international platform ‘allows it to build multi-disciplinary and geographically focused deal teams’ and it has ‘good quality staff below partner level’. Recent work saw the team advise the international bondholder committee on the restructuring of major Brazilian telecom company, Oi; and it also assisted the ad hoc group with the potential restructuring of Samarco Mineração. In another notable engagement, it continues to advise Peaje Investments as the largest holder of unwrapped special revenue bonds (issued by the Puerto Rico Highways & Transportation Authority), in connection with the Commonwealth of Puerto Rico’s debt restructuring. Allan Brilliant is co-chair of the firm’s financial restructuring practice and has deep experience in advising bondholders in Latin America restructurings and reorganisations.

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Corporate and M&A

Within: Corporate and M&A

Dechert LLP is noted for headline M&A and restructurings in Latin America. In 2017, it continued to advise GMéxico Transportes (GMXT) on its $2.1bn acquisition of Florida East Coast Railway Corp from Fortress Investment Corp, and in another outbound deal, also represented Cinemex Holdings USA on its acquisition of Cobb Theaters in the South East of the US; Cinemex is headquartered in Mexico City. New York partner Howard Kleinman has an outstanding record in Latin America M&A and is supported by Bernardo Piereck. Allan Brilliant is a leading figure in Latin America restructurings.

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United States: Finance

Restructuring (including bankruptcy): corporate

Within: Restructuring (including bankruptcy): corporate

The financial restructuring practice at Dechert LLP continues to be recognised for its creditor and cross-border representations, particularly in mandates involving Latin American clients. Co-chair Allan Brilliant is advising an international committee, holding over $2.7bn bonds, in the bankruptcy proceedings of Oi and its subsidaries in Brazil, Netherlands and Portugal. In addition the team acts for an ad hoc group in connection with a potential restructuring of Brazilian mining company Samarco Mineração and in the Commonwealth of Puerto Rico’s debt crisis, the group is engaged by Peaje Investments, the largest holder of unwrapped special revenue bonds issued by the Puerto Rico Highways & Transportation Authority. Practice co-head Michael Sage is advising Oglethorpe Power Corporation on Westinghouse Electric Corporation’s bankruptcy and resulting delays on the company’s building obligations at Vogtle Electric Generating Plant; the team also pursued enforcement of guarantee provided by Westinghouse Electric Corporation’s parent company Toshiba in this matter.

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