U.S. Chapter 11 proceedings, especially DIP financing, have become crucial for distressed Latin American companies — particularly airlines — amid limited local support and bank retreat. Private credit lenders now provide essential liquidity, offering flexible, court-protected financing solutions. Partner James Mazza, counsel Justin Winerman and associates Destiny Almogue and Alexis Banks analyze how such transactions have revolutionized restructurings in Latin America.
This article was first published on Latin Lawyer in December 2025; for further in-depth analysis, please visit Latin Lawyer The Guide to Restructuring (Fifth Edition)”