Morgan, Lewis & Bockius LLP remains well-known for bilateral and club loans in Brazil, Mexico and across Latin America. Many of these are mid-market financings, particularly trade and pre-payment deals. It has an established record in acquisition and leveraged finance, debt restructurings and has emerging presence in litigation funding. Debt private placements and securitisation are also sweet spots for the Latin America team, which often works alongside colleagues from across the firm. The group has close connections to major commercial lenders including various HSBC operating companies and ING. It also has strong relationships with creditors in significant debt restructurings. New York partner and co-chair of the firm’s Latin America practice, Thomas Mellor is a hugely experienced global finance lawyer with a substantial focus on the region, traditionally Brazil, but now with a real geographic spread; along with bank lending, Mellor is also a prominent figure in litigation funding across Latin America. Houston’s John Crespo, Humberto Padilla Gonzalez and Felipe Alice are also key figures in energy and infrastructure finance; while Washington DC partner Ulises Pin is noted for financings in the TMT sector (including submarine cable projects), and is a growing force in the wider digital infrastructure sector.
Legal 500 Editorial commentary
Key clients
- HSBC US
- HSBC Mexico
- HSBC
- HSBC UK
- HSBC Bermuda
- HSBC Singapore
- HSBC Hong Kong
- ING
- National Bank of Kuwait
- Prudential
- MetLife
- Teachers
Work highlights
Represented ING Capital (as arranger, agent, and lender) in a club transaction (including Banco Itau and CIFI) in negotiating and closing a highly structured $80m leveraged acquisition finance loan, the proceeds of which were used by equity sponsors Blackstone and Riverwood to purchase Argentine telecom services company CPS Comunicaciones.
Represented CEMEX Corp., as US counsel, in a MX$10bn variable rate note transaction under Mexican law.
Representing the Official Committee of Unsecured Creditors in the bankruptcy proceedings of Chilean financial holding company Corp Group Banking, which owns minority stakes in Chilean and Colombian banks, and which filed for bankruptcy protection amid talks to restructure nearly $2bn in debt.
Practice head
Thomas Mellor
