Thursday, 20 June 2019, MetLife Building, 200 Park Ave, New York, NY 10166, USA

E-mail Tel: +44 20 3780 4137

Chairs

Joy Gallup

Paul Hastings

Joy Gallup is a partner in the Latin America and Corporate practices of Paul Hastings and is based in the firm's New York office.

Ms. Gallup has extensive experience in complex, cross-border debt restructurings in Latin America as well as a variety of corporate finance transactions. She regularly represents underwriters and international issuers in private and public offerings of debt and equity securities. Her areas of concentration include structured debt offerings, Rule 144A/Regulation S high-yield debt and project bond offerings, syndicated loans and other structured products (including securitizations and monetizations). Her focus also includes liability management transactions, corporate reorganizations, secured lending transactions, equity tender offers and general corporate matters, including SEC reporting requirements.

Michael Fitzgerald

Paul Hastings

Michael Fitzgerald heads the Latin America practice group at Paul Hastings and is based in the firm’s New York office. Mr. Fitzgerald was one of the first U.S. lawyers to focus on corporate finance work in Latin America and his first-mover advantage has led to his numerous representations of a wide range of international and domestic underwriter and issuer clients in debt and equity financing transactions, merger and acquisition activities and lending transactions. He has been recognized as a Top Innovative Lawyer by the Financial Times, one of The American Lawyer's Dealmakers of the Year and most recently received the annual Outstanding Achievement award by the International Financial Law Review. Mr. Fitzgerald is also recognized as a band one leading lawyer by Chambers USA, Chambers Global, and Chambers Latin America; and is recognized by Legal 500 US as one of the leading lawyers in the U.S. for Global Offerings and other corporate financings. Mr. Fitzgerald is a thought leader on a variety of issues involving international financial markets and has authored numerous articles and presented seminars on related legal and business challenges and opportunities.

2018 Programme

9.30: Welcome coffee and registration

10.00: Chairs’ morning welcome

Joy Gallup, Paul Hastings, New York
Joel Luís Thomaz Bastos, Thomaz Bastos, Waisberg, Kurzweil, São Paulo

10.10: Keynote speech

Fabio Carvalho, CEO, Legion Holdings, Rio de Janeiro

10.40: DIP financing: precedent and effectiveness in Brazil

Debtor-in-possession financing has precedent in Brazil, but how effectively can it be used in restructuring cases today? What are the legal and business drivers behind such financings, as well as the challenges involved? How do they compare to a typical US DIP financing?

Moderator:
Joel Luís Thomaz Bastos, Thomaz Bastos, Waisberg Kurzweil, São Paulo

Panel:
Dan Pombo, Managing Director, J.P. Morgan, New York
Domingos Fernando Refinetti, Stocche Forbes, São Paulo
Eduardo Secchi Munhoz, E.Munhoz, São Paulo
Leslie Plaskon, Paul Hastings, New York
Nathaniel Wendling, Partner, G5 Evercore, São Paulo

11.40: Coffee break

12.00: The best-laid plans: how to avoid the unraveling of a confirmation order through last-minute appeals

In certain jurisdictions, appellate courts will apply the doctrine of “equitable mootness” to dismiss appeals that seek to undo aspects of a reorganisation plan. The goal is to preserve the finality of the bankruptcy court’s confirmation order. In other jurisdictions, there is no such doctrine, and appellants sometimes cause chaos by re-opening confirmed reorganisation plans. This panel will discuss balancing appellant rights with the expectations of plan proponents and other affected parties. Speakers will then analyse how these issues are handled in different jurisdictions involving complex cross-border bankruptcy cases.

Moderator:
Thomas Heather, Ritch, Mueller, Heather y Nicolau, Mexico City

Panel:
Alejandro Sainz Orantes, Cervantes Sainz, Mexico City
Giuliano Colombo, Pinheiro Neto, São Paulo
Everardo J. Espino Guerrero, Mijares, Angoitia, Cortés y Fuentes, Mexico City

13.00: Networking lunch

14.15: Outside the corporate box: conflicts between corporate and restructuring law

Legal grey areas or the complete absence of precedent can create conflicts between corporate and restructuring law. What can restructuring lawyers do when corporate law hasn’t caught up with new insolvency legislation? Panelists will elaborate on their experiences and discuss how to navigate these corporate roadblocks.

Moderator:
Thomas Benes Felsberg, Felsberg, São Paulo

Panel:
Diego Sierra, Von Wobeser y Sierra, Mexico City
Joy Gallup, Paul Hastings, New York
Marcelo Saad, Partner, Laplace Finanças, São Paulo

15.15: Coffee break

15.35: Real estate restructuring: lessons to be learned

Sprawling big-ticket restructurings in the real estate sector have been prevalent in some of Latin America’s biggest economies over the last five years. What lessons can be learned from these cases and how should they be tackled today? 

Moderator:
Alfonso López Melih, López Melih y Estrada, Mexico City

Panel:
Herbert Morgenstern Kugler, Thomaz Bastos, Waisberg, Kurzweil, São Paulo
Renata Oliveira, Machado Meyer, São Paulo
Daniel Gonzáles, Rebaza, Alcázar & De Las Casas, Lima

16.35: Venezuela and a PDVSA default: what’s next?

Predictions of PDVSA bankruptcy proceeding have proved premature. Despite missed bond payments, floundering production, low oil prices and complete economic and political meltdown, the Maduro administration continues to evade engagement with international bondholders, even after announcing a restructuring would be desirable in November. Will US sanctions put the nail in PDVSA’s coffin, or might Venezuela’s powerful allies and a new oil-backed cryptocurrency provide a way out?

Moderator:
Michael Fitzgerald, Paul Hastings, New York

Panel:
Fulvio Italiani, D'Empaire, Caracas
José Gonzales, Managing Partner, GCG Advisors, New York
Ignacio Quesada, Managing Director, Alvarez and Marsal, Mexico City
Alice Chong, Director, Millstein & Co, New York

17.35: Chairs’ closing remarks               

Joy Gallup, Paul Hastings, New York
Joel Luís Thomaz Bastos, Thomaz Bastos, Waisberg, Kurzweil, São Paulo

17.45 onwards: All delegates are invited to attend a drinks reception kindly hosted by Paul Hastings

Further information

For further information or sponsorship opportunities, please call +44 203 780 4137 or email llevents@latinlawyer.com

Venue

MetLife Building, 200 Park Ave, New York, NY 10166, USA

Testimonials

  • "The conference covered a broad range of issues in multiple jurisdictions" Kenneth Ferreira, TozziniFreire

  •  "Excellent speakers. High quality discussions" Dan Pombo, J.P. Morgan

Private Practitioner
Type Price Until
Super Early $600  10 May 2019
Early $700 7 Jun 2019
Standard $900 20 Jun 2019

 

In-house/governmental
Type Price
Standard Complimentary