CMS‘ ’experienced, versatile and technically sound’ team is well placed to advise creditors, distressed debt investors and businesses facing financial difficulty on national and cross-border restructuring and insolvency, covering both transactions and litigation. Practice leadership is shared by Nuno Pena, who has a solid track record in restructuring and cross-border insolvency disputes, with a focus on the Bank Recovery and Resolution Directive (BRRD); Gonçalo Madeira, who is experienced in disputes; and António Payan Martins, who acts on special situations, restructurings, turnarounds and transactions involving distressed assets and NPLs.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘CMS, specialising in restructuring and insolvency, has a very experienced, versatile, and technically sound team.’
- ‘António Payan Martins studies the topics in great depth and always presents solutions tailored to the risk and in accordance with the client's business profile.’
Key clients
- Tâmega Engineering
- BAI – Banco Angolano de Investimentos, S.A.
- Davidson Kempner European Partners, LLP
- BFI - Banco de Fomento Internacional, S.A.
- Ondas & Neblinas, Lda.
- ANA- Aeroportos de Portugal S.A.
- Imoholding – Património Imobiliário, SGPS, S.A.
- Goldman Sachs
- Massily Portugal S.A.
Work highlights
Advising ANA – Aeroportos de Portugal, S.A. on the restructuring of Groundforce.
Advising Tâmega Engineering, S.A. on its insolvency proceedings, including the appeal against the court’s refusal to homologate a creditor-approved restructuring plan and providing ongoing legal support throughout the post-insolvency phase.
Advising Massily Portugal, S.A., on the insolvency proceedings of the Neorelva Group, comprising Neorelva Plásticos, S.A., a plastics manufacturer, and Neorelva – Embalagens Metálicas, S.A., a producer of metal packaging.
Practice head
Nuno Pena; Gonçalo Madeira; António Payan Martins