Webinar

Restructurings & Bankruptcies in Mexico: Responding to the Economic Side Effects of the Pandemic

The Paul Hastings Latin America team, in partnership with the United States - Mexico Chamber of Commerce, Northeast Chapter, hosted a webinar to explore how restructurings in Mexico will respond to the side effects of the COVID-19 pandemic.

The topics covered include:

• Overview of the legal and business framework for Mexico’s local and cross-border restructurings and bankruptcies;

• The current situation and outlook for Mexican distressed companies and industries as a result of the COVID-19 pandemic;

• The role of the IFECOM and other entities and authorities in these proceedings;

• Workout and capital market perspectives on restructuring processes, negotiations, risk management and lenders protection;

• Recent experiences and outcomes on U.S.-Mexico cross-border restructurings and bankruptcies; and

• Practical challenges for proceedings under the COVID-19 environment.

The following panelists participated in the discussion:

• Edgar Bonilla- Director General, Mexico's Federal Institute of Commercial Bankruptcy Specialists (IFECOM)

• Michael Fitzgerald - Partner, Paul Hastings

• Joy Gallup - Partner, Paul Hastings

• Juan Carlos Machorro - Partner, Santamarina y Steta

• Daniel Nicolaievsky - Co-Head Mexico, Rothschild & Co.

• Jeremy Warren - Head of Financing Solutions Group, HSBC