Isolux Group’s Judicial Reorganization Plan

Felsberg Advogados advised Isolux Group in negotiating their debts estimated at BRL 550 million

Creditors of the Isolux Group in Brazil (Corsan-Corviam Construccion S.A do Brasil, Isolux Ingenieria S.A do Brasil, Isolux Projetos e Instalações Ltda., Isolux Projetos Investimentos e Participações Ltda Isolux Corsan do Brasil), one of the main players in the infrastructure sector have approved their plan of Judicial Reorganization during a meeting held in São Paulo on December 27th, 2018.

Isolux’s main challenge was to negotiate with the financial institutions and creditors that had been restructured by the Group’s previous out-of-court recovery.

Felsberg Advogados advised with a team including Fabiana Solano (Picture), Clara Azzoni, Beatriz Kyrillos, Melina Fernandes and Laura Rona.

Involved fees earner: Beatriz Leite Kyrillos – Felsberg Advogados; Clara Moreira Azzoni – Felsberg Advogados; Fabiana Solano – Felsberg Advogados;

Law Firms: Felsberg Advogados;

Clients: Isolux Group;

Author: Ambrogio Visconti.