White & Case Lauded for Latin American Arbitration and Restructuring Successes
February 12, 2010, Latin Lawyer

White & Case earned Latin Lawyer Deal of the Year Awards for two Latin American dispute resolution matters in 2009. White & Case was named in the areas of disputes and restructuring, two of five categories in which Latin Lawyer bestowed its awards.

For the disputes award, Latin Lawyer recognized White & Case for its representation of the Republic of Peru in its victory in Aguaytia v. Peru, a US$150 million energy arbitration before the International Centre for Settlement of Investment Disputes in Washington, DC. In that case, the tribunal ruled unanimously in favor of Peru on a claim regarding an investment in a gas and electricity infrastructure project in Peru. The victory previously was recognized by Chambers Latin America as "a case that established a strong precedent for stability agreements as a means of promoting and protecting foreign investment."

In the second award, Latin Lawyer singled out White & Case for its role in the derivatives restructuring of Mexican company Gruma SAB de CV, one of the largest food products companies in the world. White & Case was recognized for its work as Mexican counsel to the ad hoc creditors committee, a consortium of banks that included Credit Suisse and Deutsche Bank. The restructuring involved the conversion of more than US$1 billion of derivatives claims into medium- and long-term debt for Gruma.

White & Case is widely recognized as a leader in Latin American dispute resolution. Building on its pioneering history in Latin American arbitration, White & Case has experienced unmatched and sustained growth across the region – dominating in a wave of complex and cutting-edge disputes and restructurings. The Firm has dozens of lawyers engaged in Latin American arbitration, with cornerstone offices in Washington, DC, and New York. The Firm is also unique among global leaders in arbitration due to its long-established offices in the two largest markets in Latin America: Mexico and Brazil.

Complete listing of White & Case's Awards, Rankings and League Tables