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LATAM Airlines completes debtor-in-possession loan

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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 & CíaDemarest 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

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