September 01, 2023
Chilean power producer Condor Inversiones SpA has reached a deal with its mezzanine lenders and equity sponsor, which the parties say resolves disputes over motions to dismiss Condor's Chapter 11 case and the debtor's motion to halt restructuring actions in Chile.
August 24, 2023
A Texas bankruptcy judge tasked with deciding whether a Chilean renewable energy company was justified in filing for Chapter 11 this month will hear arguments from the company and its equity sponsor next week on the cross-border dispute that's ensnared powerful private equity firm Ares Management.
August 17, 2023
Chilean renewable energy company Condor Inversiones SpA asked a Texas bankruptcy judge to stop its equity sponsor from moving forward with a restructuring in Chile that Condor says threatens to render its assets worthless and violate automatic stay protections of its Chapter 11 plan.