September 18, 2024
Leveraging the evolving insolvency framework in Brazil with cross-border strategies in the U.S., China and offshore jurisdictions can produce significant opportunities in Latin America when it comes to restructurings, liquidations, and asset recovery.
Kobre & Kim’s São Paulo team, including Ana Frischtak, Carolina Leung, Sergio Aguiar and Victor Clementino, and Turnaround Management Association Brasil hosted an event focused on “Cross-Border Insolvency: Brazil at the Crossroads – U.S., China, and Offshore” on September 12 in São Paulo. Kobre & Kim’s Peter Tyers-Smith, Daniel Saval and John Han joined to share their insights.
- Mr. Saval discussed unique tools in U.S. Chapter 15 proceedings available to both debtors and creditors in the “Brazil-Focused Asset Recovery: U.S. Chapter 11 and 15 Bankruptcy Tools and Beyond” panel.
- In “Greater China / Brazil Cross-Border Insolvency and Asset Recovery,” Mr. Han explained the legal frameworks and cross-border recognition for enforcing awards and judgments in China and Latin America.
- Mr. Tyers-Smith explored the tides that have generated powerful opportunities in offshore financial centers for investors and creditors when it comes to asset recovery in “Offshore – LATAM Investor Paradise: Using Offshore Liquidations for Cross-Broder Investigations and Asset Recovery.”