About

Provided by Felsberg Advogados

Felsberg Advogados’ Restructuring and Insolvency practice is widely regarded as one of the most active and respected in Brazil. Founded by Thomas Benes Felsberg, a pioneer in the field, the practice has played a central role in many of the country’s most significant restructuring and insolvency matters since Brazil’s current insolvency law came into force in 2005. Following the 2021 amendments, the firm has remained at the forefront of the market, advising on complex, high-stakes cases.

Judicial and extrajudicial restructurings, as well as bankruptcy proceedings, are at the core of the practice. The team represents debtors, creditors and investors in landmark matters, particularly in the retail, aviation and infrastructure sectors, and is recognized for structuring innovative recovery plans, leading complex creditor negotiations and coordinating organized creditor groups. Recent examples include Grupo Americanas, Casas Bahia and Rodovias do Tietê.

The practice also has a strong international dimension, advising foreign investors and creditors in cross-border restructurings, distressed asset acquisitions, corporate reorganizations and distressed M&A transactions. It also stands out in financing and capital markets solutions for distressed scenarios, including hybrid instruments, debt issuances and distressed debt acquisitions, with highlights such as Renova Energia and Unigel.

Chambers Review

Provided by Chambers

Bankruptcy/Restructuring - Brazil

1
Band 1

What the Team is Known For

Top-tier practice group Felsberg Advogados is recognised for its lengthy track record of acting on a wide range of restructuring issues. The team is experienced in representing creditors and debtors from the energy, infrastructure and consumer goods sectors in judicial restructuring, acquisition of distressed assets and debt restructuring. Clients also benefit from its expertise in cross-border mandates involving insolvency proceedings and out-of-court restructuring.

Work Highlights

  • Felsberg Advogados represented the debenture holders of Concessionária Rodovias do Tietê in connection with its BRL2 billion debt restructuring, which included judicial reorganisation proceedings.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

Thomas Benes Felsberg
S
Thomas Benes Felsberg
S
Senior Statespeople

Founding partner Thomas Benes Felsberg boasts an outstanding track record of advice in the bankruptcy and restructuring arena. As a Senior Statesperson, he offers impressive expertise in assisting both creditors and debtors with high-profile restructuring mandates, including judicial and extrajudicial cases. He possesses additional capabilities in handling DIP loans, debt restructuring and payment.

Thomas Benes Felsberg is an authority in the field.

Fabiana Bruno Solano Pereira
3
Fabiana Bruno Solano Pereira
3
Band 3

Fabiana Bruno Solano Pereira is an active practitioner who is well equipped to assist with debt restructuring, judicial reorganisation and DIP loans, and represents both creditors and debtors.

Clara Moreira Azzoni
5
Clara Moreira Azzoni
5
Band 5
Clara Moreira Azzoni is often retained to handle debt restructuring, judicial restructuring and acquisition of distressed assets. Azzoni is sought after to represent both creditors and debtors.

Ranked Lawyers at
Felsberg Advogados

Provided by Chambers
Filter by
Band

Brazil

Bankruptcy/Restructuring

Thomas Benes Felsberg
S
Thomas Benes Felsberg
S
Senior Statespeople
Fabiana Bruno Solano Pereira
3
Fabiana Bruno Solano Pereira
3
Band 3
Clara Moreira Azzoni
5
Clara Moreira Azzoni
5
Band 5

Members

Provided by Felsberg Advogados

Thiago Dias Costa

Victoria Vaccari Villela Boacnin

Clients

Provided by Felsberg Advogados

Grupo Moreno

Livraria Cultura

Renova Energia

Industries

Provided by Felsberg Advogados

Agribusiness

Energy

Industrials

Infrastructure