Turnarounds & Workouts | Who’s Who in LATAM Airlines’ Bankruptcy Cases

Gerard Catalanello, Jim Vincequerra, and Geoff Williams are mentioned for representing Qatar Airways in a $1.15 billion debtor-in-possession financing plan for LATAM Airlines.

Gerard Catalanello, Jim Vincequerra, and Geoff Williams are mentioned for representing Qatar Airways in a $900 million junior debtor-in-possession loan to LATAM Airlines.

Alston & Bird client Lazarus 5 LLC, a secured lender in the Chapter 11 bankruptcy of debtor 305 East 61st Street Group LLC, announced today that it had closed on the court-approved purchase of the debtor’s building and property at 305 East 61st Street, NY, NY, for approximately $50 million.

Alston & Bird is pleased to announce that the LATAM Airlines Chapter 11 case has been recognized by the International Financial Law Review (IFLR) as “Deal of the Year” in the Restructuring category at its Americas Awards 2023. In the matter, Alston & Bird represented Qatar Airways in its capacity as DIP lender, plan sponsor, and equity security holder.

Alston & Bird is pleased to announce that the LATAM Airlines Chapter 11 case, in which it represented Qatar Airways in its capacity as DIP lender, plan sponsor, and equity security holder, has been recognized by the American Bankruptcy Institute as the first annual “International Matter of the Year.”