This year's Latin Lawyer "Deal of the Year" Awards recognized global law firm White & Case LLP for its involvement in five of the 11 winning deals, which spanned multiple practice areas. The Firm scored more awards for its transactions and disputes in Latin America than any other global law firm at the awards ceremony.
Carlos Viana, White & Case partner and head of the Firm's Latin America Practice Group, said: "We are delighted that Latin Lawyer has recognized our work across so many high-profile matters, including deals, restructurings and disputes. The fact that the Firm was involved in nearly half of the winning matters is a true testament to our continued position as a leading international law firm across all of our practices in Latin America. We are very proud of the tireless efforts of our colleagues, and, most importantly, grateful for our clients' continued trust in our handling of their most important deals, restructurings and disputes."
The Firm's five winning matters are:
Capital Markets Deal of the Year: Brazil privatizes Eletrobras
White & Case advised the underwriters on a US$6.9 billion offering by Brazilian development bank BNDES to reduce its share in Eletrobras – the country's largest privatization in two decades.
Banking & Finance Deal of the Year: Phoenix Tower repackages loans
White & Case advised Scotiabank on the restructuring of several loans held by U.S. and Latin American subsidiaries of telecoms group Phoenix Tower International into a single US$2 billion facility.
Project Finance: Infrastructure Deal of the Year: Peruvian port concessionaire gets novel IDB Invest financing
White & Case advised in a first-of-its-kind financing, advising Peruvian port concessionaire Salaverry Terminal Internacional in raising US$115 million through a private placement of an A/B bond.
Disputes Deal of the Year: Rutas de Lima vs the Metropolitan Municipality of Lima
White & Case successfully advised the claimant in an UNCITRAL arbitration that protected the validity of a long-term toll road concession contract and obtained an award of damages and costs.
Restructuring Deal of the Year: LATAM Airlines exits Chapter 11
White & Case advised in the US$16 billion, cross-border restructuring of LATAM Airlines; the Firm advised both the ad hoc LATAM bondholders and lender Oaktree Capital Management.