Demarest Advogados
Demarest Advogados is a popular choice for major debtors and creditors seeking legal support in contentious and non-contentious restructuring and insolvency proceedings. Commended for its ‘ability to solve multiple problems’ and competence in handling ’extremely complex cross-border transactions’, the group is well versed in international work involving Chapter 11 and 15 filings in the US, as well as DIP financings and distressed M&A. Practice head Guilherme Fontes Bechara is an ‘outstanding professional’ with ’enormous respect and recognition in the sector’. In May 2023, former partner Celso Xavier left to establish a new firm, Xavier Gagliardi Inglez Verona Schaffer.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The availability of the firm, ability to solve multiple problems, logistical organisation and problem-solving abilities differentiate its from its competitors.’
‘Guilherme Fontes Bechara, has high negotiation and problem-solving skills.'
‘I am a great admirer of the work of Demarest's restructuring and insolvency team. The team provided an excellent service and showed its full ability and competence to handle extremely complex cross-border transactions.’
‘I would like to highlight the work of Guilherme Fontes Bechara, a partner, who is an outstanding professional. In addition to being a reference in the area, Guilherme is always available and makes the client feel as if they were the only one, guiding us with precision and simplicity.’
‘Demarest Advogados (Guilherme Bechara) is very active in the corporate recovery and insolvency area, acting for both debtors and creditors. He has extensive experience in the litigation area and leads matters of a transactional nature with great ease.’
‘Guilherme Bechara is an excellent lawyer. He has enormous respect and recognition in the sector.'
Key clients
- Everis Spain, SLU
- Quadra Capital
- Roca Group
- Carlisle Fluid Technologies
- Jive Investments
- Banco Modal
- Credit Agricole Corporate Investment Bank (and affiliates)
- LATAM Airlines Group
- Hill International
- Caixa Econômica Federal
Work highlights
- Acted as Brazilian counsel to LATAM Airlines Group in all matters related to the Chapter 11 cases filed in the Southern District of New York.
- Advised LATAM Airlines Group on the Brazilian law aspects of the debtor-in-possession (DIP) and exit financing valued at $3.925 billion in the context of the Chapter 11 cases.
- Assisted Caixa Econômica Federal in the restructuring of the project finance debt of Arena Itaquera.
Lawyers
Leading individuals
Practice head
The lawyer(s) leading their teams.
Guilherme Bechara