Beccar Varela delivers 'efficient, clear, and transparent' support to distressed companies facing financial restructurings and cross-border bankruptcy and insolvency litigation. This includes advising on leadership changes during insolvency proceedings (such as when directors are removed and a liquidator is appointed), to help protect the companies' interests. In terms of creditor representation, the firm files for recognition of their claims during judicial reorganisations, and negotiates structured payment plans to maximise the chances of debt recovery. The practice is led by Martín Gastaldi and Federico Sosa, who are involved in bankruptcy and insolvency trials and class actions; and corporate and banking lawyers Pablo Torretta, Tomás Allende, and the 'very helpful' Felipe Videla, who assist with the debt restructuring process. Senior associates Yanina Salemme Duprat and Pilar Lodewyckx Hardy provide strategic counsel during insolvency proceedings.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The team is highly efficient, clear, and transparent.'
‘We worked with Gonzalo García Delatour and Joaquín Ceballos who were very clear in presenting the strategy, the associated risks, and the possible outcomes. Regarding the price, they were completely open to negotiation.'
‘I am working with Beccar on some debt recovery in Argentina. I have found Beccar to be an invaluable source of local knowledge and expertise. I would not hesitate to engage them if I have debt recovery matters in the future. ’
‘Tomas Allenda - incredibly knowledgable. He is also very well-connected, which has been advantageous. Very easy to work with and very commercial.'
- 'Felipe Videla and Cruz Uranga have also been very helpful and form a great team.’
‘I have been working closely with the restructuring team. They are very well prepared, have deep knowledge, are client-oriented, and very trustworthy. ’
Key clients
- BAF Latam Credit Fund
- BLC Asset Solutions
- Deutsche Bank A.G.
- Alvarez Marsal (as official liquidator of IIG Structured Trade Finance Trust)
- Citibank
- Landesbank Baden-Würtemberg
- BTG Pactual
- Banco BISA
- Puente Hermanos
- Cosan Lubricantes (Cosan)
Work highlights
Assisting Deutsche Bank as an unsecured creditor in the negotiations among creditors before the judicial restructuring proceeding of Molino Cañuelas
Counseling Alvarez Marsal (as official liquidator of IIG Structured Trade Finance Trust) on the judicial claim of certain loans (subject to NY law), that IIG granted to a Uruguayan company (Citrícola Salteña).
Representing Puente Hnos. and its clients (almost 100 bondholders) in the judicial reorganization proceeding of Roch.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Martin Gastaldi; Felipe Videla; Pablo Torretta; Tomás Allende; Federico Sosa