Claro & Cia.

The large bankruptcy and insolvency group at full-service law firm Claro & Cia. is highly experienced in Chile-related cross-border proceedings, including several Chapter 11 cases under the US Bankruptcy Code. Offering ‘comprehensive advice throughout the legal stages of proceedings’, the group also fields specialists in domestic insolvencies; and clients notably benefit from the practice’s leveraging of the firm’s corporate and litigation specialisms during debt restructuring proceedings involving complex financing transactions or liquidations. The group is also experienced in clawback lawsuits and criminal complaints involving fraudulent conveyances by defaulting debtors. It recently assisted JP Morgan Chase Bank with the restructuring of telecoms company WOM; and assisted an ad hoc group of ILAP’s creditors (holders of over $440m of senior secured notes), with a voluntary restructuring via a Chapter 11 plan in the US. Among the practice’s several experienced partners, Nicolás Luco is a civil and commercial litigation and arbitration specialist; José María Eyzaguirre B heads up the firm’s M&A offering; and José Luis Ambrosy advises on both creditor and, debtor-side mandates. The department also showcases José María Eyzaguirre F, whose sector expertise covers agriculture, food, consumer, retail, real estate and transportation; and Santiago Bravo, whose wide-ranging practice includes bankruptcy and restructuring work.