
Well-regarded for its expertise across a wide range of matters, the restructuring and insolvency team at VdA excels in financial restructuring, distressed asset negotiations, voluntary business recovery, special revitalisation processes, and insolvency proceedings. The practice is jointly steered by Frederico Gonçalves Pereira, a seasoned commercial litigator and corporate restructuring expert and Paulo Olavo Cunha, who is frequently engaged in significant projects, transactions, and group restructuring operations. Teresa Pitôrra is a key figure for both creditors and debtors, with a strong focus on restructuring and insolvency cases in sectors like banking and telecoms, while Catarina Carvalho Cunha specialises in restructuring and insolvency matters across Portugal and Portuguese-speaking African countries, assisting clients in the telecoms, banking, and energy sectors.
Key clients
- Caixa Gestão de Ativos, S.A. (“CGA”) and Insolvent Estateof Fundo de Investimento Imobiliário Fechado Promovest
- Valeo Systèmes de Contrôle Moteur
- Banco de Portugal
- Menzies Aviation
- Millennium BCP
Work highlights
- Advised the Portuguese State and Parpública – Participações Públicas (SGPS), S.A. on the privatisation of EFACEC Power Solutions SGPS, S.A. (Efacec) in favour of Mutares Iberia, S.L.
- Assisting Banco de Portugal within the judicial liquidation proceedings of Banco Espírito Santo.
- Assisting Caixa Gestão de Ativos, S.A. with the insolvency proceedings of Fundo Promovest.
Lawyers

Practice head
The lawyer(s) leading their teams.
Frederico Gonçalves Pereira, Paulo Olavo Cunha