White & Case Wins Three IFLR Americas Awards

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International Financial Law Review (IFLR) honored White & Case three times in its 2021 IFLR Americas Awards announced on May 27. White & Case was named "CFIUS Team of the Year" (in the inaugural year for the CFIUS award), and two transactions on which White & Case advised were named "Deals of the Year" by IFLR:

  • Debt and equity-linked Deal of the Year: Ecuador debt restructuring

    White & Case advised on the successful US$17.4 billion restructuring of Ecuador’s sovereign debt. IFLR called the deal “one of the most challenging and significant transactions of the year."

  • Loans Deal of the Year: LATAM Airlines DIP financing

    White & Case advised on the US$2.45 billion debtor-in-possession (DIP) financing of LATAM Airlines, which "involved a range of complex cross-border issues given the international nature of LATAM’s operations and jurisdictions of incorporation," according to IFLR.

The IFLR Americas awards celebrate "the most legally innovative cross-border transactions that closed in 2020," according to IFLR. Winners are selected from the results of research by the IFLR editorial staff.