Gonzalez Calvillo, March 22nd, 2023 – We acted as legal counsel to Altum Capital – a leading Mexican private debt manager -, as agent and lender, in the USD$15 million structured financing to Tekmovil Group – a global innovative consumer electronics distribution services company.
The deal was particularly challenging given that it involved two separate jurisdictions (Mexico and US), with the main loan documents being governed by Mexican law.
That said, the structure of the deal required for collateral not only to be granted over Mexican assets, but also US assets. As such, we had to conform different concepts from foreign law into a Mexican-law governed transaction.
The transaction involved, among others, the implementation of a structured collateral package in the form of a trust agreement and ancillary security documents, as well as certain US-law governed security agreements, DACAs, etc.
The team, headed by Partner José Ignacio Rivero, included Associates Jacinto Avalos Capin, Rodrigo Poumian, and Luis Ernesto Brieño Jiménez.
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For 35 years, Gonzalez Calvillo has been at the forefront of the legal market in Mexico as a full-service leading law firm due to its transactional core and expertise in a wide range of practice areas. The firm is recognized for its ability to build cross-disciplinary teams for the most complex legal challenges and long track record of successfully providing groundbreaking business and regulatory advice to high profile domestic and international companies. Often described as a pioneer of the Mexican legal services industry, the firm is known for its commitment to doing things differently, bespoke solutions, and creating transformational legal changes that enable clients achieving their objectives. For more information, please visit www.gcsc.com.mx.
