Morales & Besa

The restructuring and insolvency practice at Morales & Besa represents creditors and debtors in restructuring and liquidation proceedings involving multiple stakeholders and substantial financial sums. The eight-member department also assists with Chapter 11 and Chapter 15 procedures. Recent highlights include acting as Chilean counsel of the official insecured creditors committee in the restructuring of telecoms company WOM, which sought protection under Chapter 11 in the US for its liquidity issues; and advising DNB Bank (as lender) on the judicial reorganisation proceeding for Chilean salmon farmer Nova Austral. The reorganisation and insolvency team is co-led by Myriam Barahona, who is experienced in domestic bankruptcy reorganisations, Chapter 11 work and financial restructuring; and Gonzalo Cordero, who alongside his insolvency workload focuses on litigation and domestic and international arbitration. Beyond the partnership, director Juan Ignacio Eymin regularly assists with in-court proceedings; while at senior associate level Juan Luis Vial has extensive experience in insolvency matters, and Arantza Pons' practice encompasses reorganisation and liquidation proceedings (including cross-border insolvency mandates). Moreover, the practice was further strengthened with the July 2025 hire of the experienced Juan Luis Goldenberg as a counsel; he returns to the firm after more than 10 years at his own firm, Alcalde, Goldenberg y Cía.