Bomchil represents a wide range of clients, both on the debtor and the creditor side, on a broad field of complex cross-border restructuring matters. Taking an interdisciplinary approach to restructuring cases, and working with colleagues in other departments, the team handles liability management, security interest foreclosures, creditor committee mandates and distressed asset acquisitions. The practice is also well-versed in restructuring and reorganisation proceedings, including Chapter 11 and Chapter 15 proceedings in the US. The team is co-led by experienced insolvency lawyers Tomás Araya and Martín Girotti, who are both members of the insolvency section of the International Bar Association. Litigator Melisa Romero, raised to the partnership in January 2023, is another senior level contact with ample experience of the contentious aspects of bankruptcy matters. Since publication, the practice has been notably reinforced with the hire of former bankruptcy judge Julia Villanueva as practice co-head – effective as of January 2024.

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Key clients

  • Stoneway Capital Corporation
  • Banco Itaú Argentina
  • Entre Ríos Crushing
  • Shareholders of Banco Bisel and Banco de Entre Ríos (BERSA)
  • Mills Capital Group
  • Armaduras del Sur – Prearmar
  • Shareholders of 3Arroyos (Fernando Sansuste)
  • Gramercy
  • Metalpar

Work highlights

  • Advised Stoneway Capital Corporation and its affiliates Araucaria Energy, Araucaria Generation, Araucaria Power Generation and SPI Energy on a restructuring  under a Chapter 11 Plan confirmed by the Bankruptcy Court of Southern District of New York New York.
  • Representing Entre Ríos Crushing in its reorganisation proceedings involving more than 200 creditors. The process includes a complex negotiation and restructuring of financial debt belonging to the main five Argentine banks.
  • Representing Gramercy in the refinancing of certain credit facilities granted to Grupo Unión, an Argentine non-banking lending company.

Lawyers

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Tomás Araya, Martín Torres Girotti