Cross-Border Restructurings: The Interplay Between Chile and the United States

July 13, 2023

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New York, New York

Cleary Gottlieb partners Luke Barefoot and Adam Brenneman spoke on the panel, “Cross-Border Restructurings: The Interplay Between Chile and the United States.”

Hosted at Cleary’s New York office, the panel discussion explored questions related to new developments in international restructurings, including:

  • Why are certain Chilean companies and other foreign companies filing for Chapter 11 in the United States rather than filing for reorganization in their own home jurisdictions?
  • What are the requirements for and benefits of filing under Chapter 11 in the United States?
  • How can Chapter 15 of the U.S. Bankruptcy Code help?
  • What pitfalls should Chilean companies contemplating a Chapter 11 filing consider?
  • What is the impact of Chile’s adoption of the UNCITRAL model law?

The panel also featured the following external speakers:

  • Alfredo del Carril, Associate General Counsel, The AES Corporation
  • José María Eyzaguirre B., Partner, Claro & Cia
  • Devi A. Rajani, Senior Managing Director, FTI Consulting