The Growing Importance of ESG in Restructurings

By Santamarina Steta

Restructurings are, by their nature, both international and deeply domestic. Understanding the commonalities, but also the differences, in black letter law and common practice in this area is thus critical.

The third edition of The Guide to Restructuring – edited by Joy K Gallup and and Michael L Fitzgerald of Baker McKenzie and published by Latin Lawyer– is designed to assist restructuring advisers of all disciplines, and affected companies, as they negotiate complicated restructurings. This Guide delivers specialist insight to our readers across the region – advisers, practitioners, corporate decision-makers and court officials – to help them navigate this complex process.

Our partner Ricardo Orea, an expert in restructuring, and our associate Norma Álvarez, an expert in ESG issues, contribute to this Guide as authors of the article “The growing importance of ESG criteria in restructurings”. In this article, they explain how companies with strong environmental and social strategies will be the first to issue a new asset class. Sustainability is thus acquiring an increasingly important function, with sustainable finance being the ones that guide the destination of investment funds to develop projects whose social and environmental purposes play a relevant role.

Read the complete guide here: The Guide to Restructuring – Third Edition