Morales & Besa's 10-strong reorganisation and insolvency practice is consistently sought out to represent both debtors and creditors from the healthcare, financial services, construction and energy sectors (among others). Demonstrating ‘a great ability to coordinate activities across various jurisdictions successfully’, the team is noted for Chile-related cross-border insolvency proceedings (including Chapter 11 matters), as well as domestic insolvency-related reorganisations. In recent mandates, the practice acted for Sociedad Concesionaria Metropolitana de Salud (as creditor) on Astaldi Sucursal Chile’s reorganisation; and assisted CIFI (Corporación Interamericana para el Financiamiento de Infraestructura), as the largest creditor in Itelecom Holding Chile’s reorganisation proceedings. The team is co led by principal figures Gonzalo Cordero and Myriam Barahona. Cordero's expertise includes high-level reorganisations and insolvencies, in addition to domestic and international arbitration, litigation and criminal law; while commercial, financial and corporate law practitioner Barahona is ’one of the few specialists in the local market with the capacity to lead highly complex operations’; her experience encompasses domestic bankruptcies, reorganisations, and Chapter 11 and banking-related restructurings. At associate level, disputes practice director Juan Ignacio Eymin and corporate insolvency-focused senior Juan Luis Vial provide key support.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘A pragmatic team with industry specialists and always available.’
  • ‘The pricing and billing is very clear.’
  • ‘Skill and knowledge in litigation and insolvency, but also in other areas such as corporate, contractual and finance, as well as a strategic and global view of the project and the different ramifications of the case at various levels.’

  • ‘Stands out for their focus on delicate issues and ability to find original solutions.’

  • ‘They demonstrate a great ability to coordinate activities across various jurisdictions successfully.’

  • ‘Myriam Barahona correctly understands clients’ objectives.’

  • ‘Myriam Barahona is highly proactive and unlike other partners in the sector, she is usually very involved in all transactional matters.’

  • ‘In matters of bankruptcy, bankruptcy and restructuring, Myriam Barahona is one of the few specialists in the local market with the capacity to lead highly complex operations.‘

Key clients

  • Banco de Crédito e Inversiones
  • Multitiendas Corona
  • Sociedad Concesionaria Metropolitana de Salud
  • Corporación Interamericana para el Financiamiento de Infraestructura
  • DNB Bank
  • Cerro Dominador

Work highlights

  • Advising Sociedad Concesionaria Metropolitana de Salud (SCMS), which requested the forced liquidation of Inversiones Leivi for debts that it has with SCMS.
  • Advising Sociedad Concesionaria Metropolitana de Salud (SCMS), as creditor in the reorganisation procedure of Astaldi Sucursal Chile.
  • Advised Corporación Interamericana para el Financiamiento de Infraestructura on the structure of a reorganisation plan.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Practice head

The lawyer(s) leading their teams.

Gonzalo Cordero, Myriam Barahona