March 31, 2016
International Financial Law Review has named the Corporación GEO Mexican insolvency proceeding, known as a “concurso mercantil,” as the Restructuring of the Year at its IFLR Americas Awards 2016. Gibson Dunn, led by New York partner David Feldman, represented the majority holders of approximately $160 million in notes issued by an off-balance sheet trust that owns substantially all of the equipment that supports the operations of Corporación GEO, one of the largest homebuilders in Mexico. Additionally, IFLR named the GE Real Estate Mexico /Blackstone financing as the Loan of the Year. Gibson Dunn, led by New York partner Andrew Dady, acted as U.S. counsel to Blackstone in the U.S. portion of the seller financing provided by GE for the transaction. In addition the team was shortlisted as Loan Team of the Year. The awards were presented on March 31, 2016.