Bankruptcy and restructuring in Argentina

The litigation, banking and finance experts that make up the Marval O’Farrell Mairal practice provide top tier service to national and international clients in the bankruptcy, insolvency and restructuring segments. Acting for creditors, shareholders, debtors and trustees, the firm advises on both in- and out-of-court matters. The practice is well regarded for its strength in cross-border US issues, as well as being able to ‘adapt to the instability of Argentina’. Despite the departure of former practice head Fernando Hernández  (who moved in house at Globant in September 2021), the practice has not missed a beat, with Gonzalo J Fontana a veteran in the sector handling both the advisory and contentious aspects of the practice. The team focuses on complex, multijurisdictional matters and can draw on further senior input from banking and finance partner Ricardo W Beller , and counsel Martín Campbell , who is a specialist in commercial, business and labour law. Since publication, Beller has departed the firm to join PAG Law in New York - effective as of May 2022.

Naveira Truffat Martínez Abogados (NTMA)’s core areas of practice are bankruptcy and dispute resolution, and the firm’s work covers the full restructuring life-cycle. Key specialisms include debt refinancing, representing bankruptcy trustees and advice on general corporate matters. The team is co-led by Daniel Truffat, who focuses on restructuring processes, reorganisation proceedings, out-of-court agreements and commercial litigation; and Oscar Martínez, who handles acquisitions, complex contracts, corporate conflicts, bankruptcy, reorganisation proceedings and extrajudicial preventative agreements. Other prominent names in the practice are bankruptcy specialist Fernanda Soria and Valentín Tomás Martínez, who is active in corporate disputes, bankruptcy and reorganisations.

Allende & Brea’s diverse bankruptcy and restructuring practice has experience ranging from representing corporate debtors in reorganization proceedings and out-of-court restructurings, to advising creditors in connection with reorganizations and liquidations, the acquisition of bankrupt companies and foreclosure of securities. Enrique Cristian Fox focuses on judicial and extra-judicial debt restructuring, purchase and sale of companies in bankruptcy and arbitration proceedings. He co-leads the team with David Gurfinkel, who handles commercial litigation, arbitration, bankruptcy and compliance; and Diego Botana, whose areas of expertise include corporate reorganizations, debt restructuring, bankruptcy and insolvency.

The Bruchou, Fernández Madero & Lombardi restructuring and bankruptcy practice is primarily known for assisting financial entities and other large companies in debtor's reorganization or liquidation proceedings. As well as providing expertise in bankruptcy and reorganization law, the practice handles a range of complex court proceedings and tests of legal structures for potential dispute scenarios. Former judge Carlos María Rotman leads the team and specialises in dispute resolution and bankruptcy proceedings. Additional, experienced partner-level leadership comes from Martín Beretervide, while associates Tomás Ambrosini and Emilia Rodríguez Rohwain provide key associate support.

The experienced Beccar Varela practice handles financial restructurings, and bankruptcy and insolvency proceedings for national and international clients across a range of industries, particularly banking, insurance, automotive, agribusiness, food and beverages, real estate, transport and logistics. The firm is principally known for representing creditors, but is increasingly active for insolvent companies. Martín Gastaldi leads the team and specialises in restructuring, insolvency and dispute resolution. Another key name in the area is associate Federico Sosa.

Representing both creditors and debtors, the Bomchil practice prides itself on its interdisciplinary approach, bringing in experts from across the full service firm to deal with a range of restructuring and bankruptcy matters, particularly cross-border matters. Notable specialisms include advising on foreclosing security interest, assisting foreign clients in acquisitions of distressed assets and participating in creditors’ committees. Tomás Araya is senior vice chair of the insolvency section of the International Bar Association and is recommended for having ‘a real commercial touch'. He co-leads the team with insolvency specialist Martín Torres Girotti. Also notable in the field is seasoned associate Melisa Romero.

Acting for creditors, debtors, trustees and other stakeholders, Mitrani Caballero & Ruiz Moreno Abogados has experience in reorganizations and bankruptcy litigation, domestically and internationally. Horacio Ruiz Moreno is a key name in the area.

The Pérez Alati, Grondona, Benites & Arntsen practice focuses on assisting financially distressed and healthy companies to reduce debt, restructure operations and recapitalize. It acts for creditors and bondholders, debtors and issuers, trustees, ad hoc creditors' committees, financial advisors and dealer managers in workouts and debt restructurings. The team is co-led by Alan Arntsen, Guillermo Quiñoa, Diego Serrano Redonnet, María Gabriela Grigioni and Laurato Ferro.

The restructuring, insolvency and distressed M&A practice of Zang, Bergel & Viñes Abogados continues to provide local and international clients with a safe pair of hands in reorganisations and liquidations. The firm has a particular forte for advising creditors in restructuring processes, in- and out-of-court, including chapter 11 and bankruptcy proceedings. Another string to the firm’s bow is its experience in distressed M&A deals. Practice head Francisco Roggero combines strengths in bankruptcy litigation and restructuring with a long track record assisting in M&A deals.