LATAM Airlines completes debtor-in-possession loan
Back
March 24, 2021
LATAM Airlines completes debtor-in-possession loan
Multiple international and Latin American law firms have helped in the closing of LATAM Airlines’ US$2.45 billion debtor-in-possession (DIP) financing, after overcoming several judicial hurdles.
Cleary Gottlieb Steen & Hamilton LLP in New York, Chile’s Claro & Cía, Demarest Advogados in São Paulo, Rodrigo, Elías & Medrano Abogados in Lima, Philippi Prietocarrizosa Ferrero DU & Uría (Peru) and Ecuador’s Pérez Bustamante & Ponce advised the airline.
Read more:
https://latinlawyer.com/article/1234164/latam-airlines-completes-debtor-in-possession-loan