Firm Profile > Del Castillo y Castro Abogados > Mexico City , Mexico

Del Castillo y Castro Abogados
Av. Santa Fe No. 428 Torre III piso
16., Col, Desarrollo Santa Fe.
05348, Mexico City

Bankruptcy and restructuring Tier 3

Del Castillo y Castro Abogados was established in December 2018 following the departure of Fernando del Castillo and Alfonso Castro from Santamarina y Steta. The pair have more than 40 years' experience between them, and their newly estalished firm with 18 lawyers who operate from offices in Mexico City and Monterrey; it is focused on restructuring, workouts, insolvency, general civil litigation and arbitration, and associated matters. Recognised by clients and peers, the group is ‘experienced, diligent, and customer-oriented’, while ‘the strategies it proposes are innovative and always meet the clients’ objectives’. Recent highlight work included advising creditor Banorte and Grupo Alfa subsidiary Alpek on the insolvency proceeding of M&G Polímeros México (and certain companies in the same corporate group); and representing Corporación Geo during its liquidation procedure; involving approximately $4.5bn of bank and bond debt, it was the first restructuring to be filed in Mexico through a pre-packaged bankruptcy proceeding since the amendment to the Ley de Concursos Mercantiles in January 2014. Practice heads Del Castillo and Castro are both highly regarded; associate Karla Gabriela Silva Rodríguez  provides key support. Other clients include Abengoa Mexico, Banco Invex, Comercial Mexicana, Deutsche Bank, and Hipotecaria Su Casita.

Capital markets Tier 4

Del Castillo y Castro Abogados opened its doors in December 2018 following the departure of Fernando del Castillo and Alfonso Castro from Santamarina y Steta after more then 20 years. Now counting 20 lawyers and with offices in Mexico City and Monterrey, the firm’s core practice are restructuring, workouts and insolvency, general civil litigation and arbitration matters; however, it also handles capital markets and other sources of financing, and has experience in  debt and equity instrument placement operations, public offers, asset securitisations and structured financing. In recent work it acted for Corporación Geo (and fifteen subsidiaries) in the in-court restructuring of approximately $3.2bn of its debt, which included a tender offer and exchange of publicly-traded debt securities, both in Mexico and the US. It also assisted Controladora Comercial Mexicana with the sale of the shares and assets held by its former controlling group through a public offering of acquisition issued by Tiendas Soriana; and ABC Aerolíneas (Interjet) with the preparation and approval of a MXP$5bn bonds programme and subsequent issuances. Castro heads the four-strong team. Other clients include Inmobiliaria Ruba, Grupo Industrial Saltillo, and Grupo ProHabitación.


In December 2018, two of the most well-respected and highly ranked lawyers in Mexico, Fernando del Castillo and Alfonso Castro, launched a new law firm, Del Castillo y Castro Abogados, a niche law firm of seasoned professionals located in Mexico City and Monterrey.  Providing value to their clients, practicing at the highest levels of the profession, developing a strong diverse firm, and caring about each other are the four bedrock principles that guide this new firm.

Although Del Castillo y Castro Abogados is a new firm, its lawyers offer the collective talent and experience working on some of the most important matters of the last 25 years in the fields of restructuring, workout, insolvency, general civil litigation and arbitration, as well as access to local and international financing sources and capital markets.  The firm provides clients with highly specialized, effective legal counselling and service, employing state of the art technology, an emphasis on efficiency, and a streamlined approach to administrative and project management to enhance all facets of the client experience.


Bankruptcy/Restructuring: Del Castillo y Castro has handled debt restructurings often controlled by foreign investors. The firm has advised clients on the challenges demanded by private restructuring operations in which numerous creditors participate, or take place in different jurisdictions. The team is the first in Mexico to achieve a true consensual restructuring of a company through the new construct of commercial insolvency. For years, its lawyers have actively represented various manufacturing, commercial and service companies, in their capacity as debtors, in a wide range of financial operations, including: Credits (guaranteed or unsecured); syndicated credits, either representing the administrative agent and guarantees in syndicated loans to one of the participants or to the Mexican debtor; financing of assets; and exchange of debt.

Del Castillo y Castro represents debtors and creditors in all the activities that are entailed in a complex restructuring. In addition to negotiations, the team has handled all the transactional aspects of a restructuring, including securities issues, as well as judicial aspects such as concurso and hostile litigation.  No other team of lawyers has handled as many cases in concurso as well as advising on corporate aspects of the restructuring.

Capital Markets, Banking and Finance: The Del Castillo y Castro Abogados team has extensive experience as a legal advisor in the financial markets. For many years, our lawyers have participated in debt and equity instruments placement operations, as well as in public offers of purchase in different jurisdictions, acting jointly with foreign firms of great reputation in these matters.

The firm also represents issuers, underwriters, rating agencies, agents and fiduciaries in a number of offers and other transactions involving securities and other financial instruments in Mexico, the United States and Europe. Del Castillo y Castro participates in various operations involving the National Banking and Securities Commission, the Mexican Stock Exchange, SD Indeval, SA de CV, Institution for the Deposit of Securities, as well as the Mexican Derivatives Market (MexDer). The firm advises suppliers and consumers of all types of products and derivative instruments, including interest rates, currencies, capital, credit derivatives, repurchase agreements and securities financing.

More recently, the firm’s advice with respect to corporate governance practices has been vital for clients to be at the forefront in the financial markets. The team counsels clients to ensure compliance with legal provisions, in Mexico and abroad, especially with the Sarbanes-Oxley Act of the United States of America.

Dispute Resolution – Commercial Arbitration: Del Castillo y Castro has advised in local and international arbitrations that include civil, commercial, construction and insurance representations. The firm represents clients on matters before the International Chamber of Commerce (ICC), the National Chamber of Commerce of Mexico City (CANACO), the Arbitration Center of Mexico (ACM) and other institutions that administer arbitration proceedings, including those of a public nature such as the National Commission for the Protection and Defense of Users of Financial Services (CONDUSEF). Several of the firm’s lawyers are members of recognized national and international arbitration institutions.

Dispute Resolution – Civil and Commercial Litigation:The firm’s litigation practice focuses on judicial disputes involving both national and international corporations across a broad spectrum of matters involving real estate, corporate, contractual, indebtedness (mortgage lawsuits, commercial executives, etc.), insolvency, and insurance and bonds, among others. The team also provides preventive advisory services in litigation matters and advises clients after disputes arise, either with individuals or with authorities. The firm’s litigators have extensive experience in the settlement of disputes, both in the extrajudicial area, and before the jurisdictional authorities, whether state or federal, such as Unitary Courts and Circuit Collegiate and including the Supreme Court of Justice of Mexico.

Department Name Email Telephone
Founding Partner Fernando del Castillo +52 (55) 41725500
Founding Partner Alfonso Castro +52 (55) 41725500
Photo Name Position Profile
 Alfonso Castro  photo Alfonso Castro
 Fernando Del Castillo  photo Fernando Del Castillo
Professional Team : 25