Barros & Errázuriz's practice has a strong market reputation for both bankruptcy and restructuring work and boasts a track record that includes the representation of several major clients in judicial and non-judicial reorganisations, as well as bankruptcy law-related contentious proceedings. Additionally, the group advises on the acquisition of the assets of companies subject to liquidation or reorganisation procedures. The firm's membership of the Affinitas network is also of note since it facilitates a regular exchange of significant information with peers from Colombia, Mexico and Peru. The team is led by Javier San Martín, whose dispute resolution practice includes substantial bankruptcy issues; and José Luis Corvalán, who acts for debtors and creditors in heavyweight liquidation and reorganisation procedures. At associate level, the disputes practices of both Alexis Cespedes and Milton Gutcovsky encompasses insolvency work.

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Key clients

Banco Internacional
Credicorp Capital
Banco BTG
BTG Administradora General de Fondos
Penta Vida Compañía de Seguros de Vida
Constructora Loga
Banco de Crédito del Perú
Banco Consorcio
Inmobiliaria Security
Alza
AFP Provida
Larraín Vial Activos AGF
Larraín Vial AGF

Work highlights

Assisted Banco Internacional with the negotiations for the payment of a syndicated loan that it holds against Inversiones Terra (parent company of VivoCorp).
Advised Credicorp Capital on various insolvency issues, such as reviewing contractual clauses and negotiations with counterparties.
Represented Banco BTG AGF in the filing of a compulsory liquidation lawsuit and the subsequent reorganisation procedure of Inmobiliaria Santander.