Souto Correa’s Restructuring and Insolvency area provides counseling to investors, creditors, debtors, and any other clients interested in judicial and extrajudicial reorganization, bankruptcy and extrajudicial liquidation (such as cooperatives), in addition to assisting clients in extrajudicial restructuring and in operations involving stressed assets, as well as in credit recovery. Our practice encompasses negotiations with debtors and creditors, such as financial institutions, suppliers, and unions, in addition to legal structuring of transactions aimed at restructuring liabilities, making investments in stressed assets, and taking the necessary legal steps to recover credits.

The team members add up decades of experience in counseling and consulting for national and international clients, with wide knowledge of aspects involved in transnational insolvency proceedings. They are also frequently requested to issue opinions on relevant legal issues and affidavits.

Recent Representations

• Representation of a Brazilian shipping group, a debtor in one of the largest judicial reorganizations in Brazil, involving more than 1,400 creditors and liabilities of approximately BRL 10 billion;
• Representation of an international government agency as one of the largest creditors in a judicial reorganization of an educational group with total liabilities of approximately BRL 10 billion;
• Legal counseling to a multilateral organization holding a substantial credit in the judicial reorganization of a group of companies in the agribusiness sector;
• Legal counseling to a European multinational group in the acquisition of a business unit of a metal-mechanic industry in judicial reorganization;
• Legal counseling to a foreign investor in the structuring of investment funds and acquisition of stressed assets;
• Representation of a Chinese state-owned oil and grain industry leader in the judicial liquidation of one of the largest Brazilian cooperatives;
• Representation of one of the world’s largest grain trading companies in credit recovery against a rural producer, including in judicial reorganization.