Souto Correa Advogados has an ‘excellent’ Porto Alegre-based practice that is praised by debtor and creditor clients for its ’extreme technical quality’. The ‘well-prepared, structured team’ is well versed in debt restructuring and credit recovery proceedings, as well as bankruptcies and judicial and extrajudicial reorganisations. The team is led by Luis Felipe Spinelli, considered by a client as ’one of the most complete lawyers in the field of insolvency’, and Gilberto Deon Corrêa Júnior, ‘an excellent negotiator’ who is particularly ’astute in financial recovery strategies’. Rodrigo Tellechea is another noteworthy practitioner, who assists domestic and international clients in restructurings, insolvencies and corporate reorganisations.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The service is excellent from the mere collaborator to the lawyer-partner. A firm that values long-term relationships.’

  • ‘We had an excellent experience with Luís Felipe Spinelli. One of the most complete lawyers in the field of insolvency.’

  • ‘Legal services provided with extreme technical quality, up-to-date, specialised, with a global vision, resulting from a well-prepared, structured team committed to a positive result. Technical confidence in the services provided is the differential.’

  • ‘Gilberto Deon Corrêa Junior and Luis Felipe Spinelli possess high technical preparation, transmitting confidence in the services and delivering positive results.’

  • ‘Gilberto Correa - astute in financial recovery strategies. Firm negotiator and technically hardworking.’

  • ‘The firm is made up of first-rate professionals, with excellence in handling cases. Its members have high legal knowledge and are constantly updated, proposing innovative and efficient solutions to existing problems. The restructuring and insolvency team, led by partner Luis Felipe Spinelli, stands out in the market, is extremely competent and handles cases with great care, efficiency and promptness.’

  • ‘Partner Luis Felipe Spinelli, from the restructuring and insolvency area, stands out among his peers in the market. In addition to having in-depth knowledge, he is available to clients, present at meetings and acts with transparency, speed and quality.’

  • ‘I had excellent experiences with the partners Gilberto Deon Correa Jr. and Luis Felipe Spinelli. While Gilberto proved to be an excellent negotiator, Luis proved to be an excellent restructuring lawyer,  finding alternatives for the most diverse problems encountered during the case.’

Key clients

  • Ecovix Construções Oceânicas
  • International Finance Corporation
  • Export-Import Bank of the United States
  • CHS Agronegócio – Indústria e Comércio
  • Companhia Paulista de Força e Luz
  • Brasil/CT– Comércio e Turismo
  • Chinatex Grains And Oils (H.K) Limited
  • Fundação CEEE de Seguridade Social – ELETROCEE
  • GE Energias Renováveis
  • Sky Chefs (Lufthansa Group)
  • Rede Forte, Rede Duque
  • Agrofel Agro Comercial
  • ADM do Brasil

Work highlights

  • Defended Group Ecovix in several lawsuits before the Rio Grande do Sul Appellate Court involving Ecovix Construções Oceânicas' reorganisation plan.
  • Assisted Brasil/CT in the filing for voluntary bankruptcy, and represented the debtor throughout the entire proceeding.
  • Acted for the creditors in the negotiation and drafting of a reorganisation plan for AELBRA.

Lawyers

Practice head

The lawyer(s) leading their teams.

Gilberto Deon Corrêa Junior, Luis Felipe Spinelli, Rodrigo Tellechea