The practice group at Del Castillo y Castro Abogados is a leading choice for the gamut of bankruptcy and insolvency mandates, namely restructurings, workouts and related litigation and arbitration. The team frequently represents manufacturing, commercial and service companies — in their capacity as debtors — in a wide range of financial operations, including syndicated credits, the financing of assets and the exchange of debt. Representing local and international banks in their capacity as creditors constitutes an additional core area of focus. The practice is co-led by founding partners Fernando Del Castillo and Alfonso Castro. Del Castillo focuses on insolvency, civil and mercantile litigation, as well as arbitration; while Castro specialises in corporate law, banking and finance, capital markets, M&A and restructuring and insolvency. Linda García de Alba, who handles corporate law, banking and finance, compliance and the restructuring of private and public debt, is also noted. Ana Laura Elizalde (civil and commercial litigation, restructuring, insolvency and commercial arbitration); and Andrés Ferrer Soto (restructuring and insolvency, banking and finance, capital markets, M&A transactions), ae the key associate-level contacts.

Lauded as ‘experts in dispute resolution and asset recovery in insolvency scenarios’, the ‘well-oiled machine’ that is bankruptcy and dispute resolution-focused boutique Guerra, Hidalgo y Mendoza (GHM) is a strong choice for the gamut of restructuring and insolvency mandates. The team is frequently called upon by creditors and debtors alike and draws on extensive experience handling voluntary, involuntary and pre-packaged insolvency proceedings, debt restructurings and fund recovery mandates. Leadership is shared between ‘benchmark in the industry’ Jesús Ángel Guerra Méndez, ‘excellent lawyer’ Elías Mendoza Murguía and Patricio Hidalgo Estrada, who is praised for his ‘remarkable communication skills before judicial authorities’. All three maintain practices focused squarely on insolvency and associated commercial, administrative and constitutional litigation. Following the July 2024 departure of former senior Patricia Cervantes, the key names to note at associate level are ‘well-rounded lawyer’ Adrián Villamil; ‘expert associates’ Sandra Trejo and Anayely Galindo; and Regina Tinoco Ariza González (civil, administrative and commercial litigation, arbitration and restructuring).

The practice group at Sainz Abogados demonstrates both transactional and contentious capabilities in the bankruptcy and restructuring space. The team is deeply experienced in the representation of debtors, their management and boards, unsecured and secured creditors, international noteholders and strategic investors. Recent highlights included advising the ad hoc group of bondholders on the restructuring of $700m in senior notes issued by AlphaCredit, and advising the ad hoc group of bondholders on the restructuring of Crédito Real. Alejandro Sainz directs the practice and draws on substantial experience advising debtors and creditors on Mexican and cross-border insolvency proceedings, refinancings, corporate reorganisations and the sale and purchase of assets. Additional names to note include Daniel Díaz Álvarez (bankruptcy, commercial litigation, shareholders’ conflicts and public work disputes); and Santiago Alessio, Rodrigo Guaida and Gabriela Avendaño, all of whom specialise in corporate reorganisations, bankruptcy and cross-border insolvency mandates. Counsel Estefanía Sierra Ulíbarri handles civil, commercial and administrative litigation, arbitration and bankruptcy work; associates Lucía Laganá, Luis Antonio Estrella and Yoare Heredia assist across the range of matters.

The practice group at Creel, García-Cuéllar, Aiza y Enríquez, S.C. specialises in handling bankruptcy cases and out-of-court restructurings, primarily representing creditors. Demonstrating both contentious and corporate expertise, major banks and financial institutions routinely look to the team for support. Following the September 2025 departure of ex-practice co-head and of counsel Thomas S. Heather, the practice is directed by senior partner and financial services group lead Carlos Aiza who specialises in capital markets and corporate finance transactions, private equity and real estate. Additional key contacts include managing partner Pedro Velasco, Rodrigo Castelazo (banking and finance, bankruptcy and restructuring and capital markets), Emilio Aarún (who advises banks, debt funds and institutional investors on banking and finance transactions and bankruptcy and restructuring processes) and Alejandro Isaac (banking and finance, bankruptcy and restructuring and infrastructure matters). Counsel Christian Dorantes also handles financial transactions, equity and debt securities issuances and restructurings and insolvency proceedings. Following the firm's January 2025 integration of litigation-specialists Martínez, Algaba, de Haro y Curiel, the practice groups contentious capability was bolstered by notable arrivals that included civil, commercial, administrative and bankruptcy litigators Javier Curiel, Alejandro Legaspi, Diego Gutiérrez Martínez and Mauricio Mendoza.

Operating from offices located in Mexico City, Monterrey (Nuevo Léón), Monclova (Coahuila) and Matamoros (Chihuahua), the practice group at Guerra González y Asociados, S.C. has a long trajectory handling a range of credit recovery mandates, and bankruptcy and insolvency proceedings. The team has participated in notable bankruptcy and restructuring procedures in recent years, representing clients in the energy, logistics and finance segments. Key contacts include founding partner Jaime R. Guerra González; Monterrey office lead Jesús A Treviño; and Mexico City-based duo Alfonso Peniche García and Raúl García Herrera.

Lauded for its 'expertise in debt restructuring, particularly from a corporate and business perspective', the practice group at Nader, Hayaux y Goebel, SC is well-versed in bankruptcy, restructuring and workout mandates and is frequently instructed by lenders, including banks, investment funds, hedge funds and creditors’ committees. The team has additional experience in Chapter 11-related matters and is also called upon by companies in financial difficulties. The practice is co-led by name partner Michell Nader and the experienced Javier Arreola. Nader's broad practice encompasses structured and acquisition finance, M&A, banking, capital markets, real estate and workouts, while Arreola specialises in projects, energy and infrastructure, restructuring and insolvency and financing. Additional names to note include Adrián López (financings, M&A, real estate transactions, restructurings and workouts); and José Noguera (M&A, international commercial transactions, restructurings and workouts).

The team at Pérez Correa González is well-versed in assisting debtors and creditors alike with the gamut of bankruptcy and restructuring mandates. The group has particular experience acting in the role of conciliator, trustee, mediator, receiver and liquidator in bankruptcy proceedings. Banks, financial institutions and companies in the consumer goods and life sciences segments regularly feature on the practice group's diverse client roster. Fernando Pérez Correa and Zulima González co-lead the practice - both focus on dispute resolution, and bankruptcy and insolvency matters. José Covarrubias is an additional key contact for civil and commercial disputes and bankruptcy proceedings. Associate María Fernanda García is also noted.

The bankruptcy team at Galicia Abogados S.C. routinely supports debtors and creditors involved in insolvency proceedings and out-of-court restructurings. The group's expertise also extends to debt restructuring operations, bankruptcy proceedings and related commercial litigation. Monterrey office lead Eugenio Sepúlveda steers the practice and specialises in bankruptcy and insolvency work (along with project finance and M&A transactions). Also in Monterrey, senior associate Andrés Caro de la Fuente majors on corporate law, debt restructuring, financing and commercial litigation. In Mexico City, arbitration and litigation practice co-head Rodrigo Zamora is active on the contentious aspects of bankruptcy mandates. Experienced intermediate associate Karla Silva, who joined from White & Case S.C. in October 2024, handles civil and commercial litigation, arbitration and bankruptcy matters.

Hogan Lovells' bankruptcy and restructuring team is well-versed in restructuring transactions, voluntary and involuntary reorganisation proceedings and bankruptcy procedures. Domestic and foreign banking institutions, international funds and insolvent companies frequently feature on the group's client roster. Leadership is shared between a group of five partners, comprising Mexico City-based Federico De Noriega, Omar Guerrero, Jorge Francisco Valdés and Luis Ernesto Peón; and René Arce Lozano, who is based in Monterrey. De Noriega focuses on financial and M&A transactions; Guerrero acts as Mexico City office managing partner and specialises in dispute resolution and restructuring, as do Valdés and Peón. Arce Lozano, for his part, handles structured financing operations, debt restructurings and project finance.

The team at Mañón Quintana Abogados is frequently instructed by a roster of international banks, financial institutions, insurers and insolvent companies – particularly in the life sciences and telecoms sectors. Practice co-heads Antonio Mañón, Gerardo Quintana Pineda and Ricardo García Cordero bring a wealth of bankruptcy, dispute resolution, insurance and financing experience to the table. A recent standout mandate saw the group represent Banco Sabadell in the negotiation of an out-of-court restructuring agreement, and in a related bankruptcy proceeding involving tire distributor Grupo Avante.

The bankruptcy group at Mijares, Angoitia, Cortés y Fuentes S.C. is well-placed to act on insolvency proceedings, debt restructurings and contentious bankruptcy proceedings. Both creditors and distressed companies seeking to restructure their debt or liquidate assets routinely look to the group for support. Everardo Espino (who also directs the firm’s litigation department), steers the practice and can draw on extensive experience assisting energy, construction, financial services and telecoms-sector clients with contentious and non-contentious mandates. Luis Pablo Ramírez Martínez (litigation, insolvency proceedings and financial restructurings); and associate Ramiro Cota, who frequently acts on creditor-side insolvency proceedings, are also noted.

The bankruptcy and restructuring practice group at Ritch, Mueller y Nicolau, S.C. handles corporate restructurings, with team members also drawing on experience acting as insolvency administrators, foreign representatives and liquidators in bankruptcy proceedings. Leadership is shared between Jean Paul Farah Chajín, who specialises in banking and finance, M&A, capital markets, real estate and restructurings; and Pablo Perezalonso Eguía, who is well-versed in international banking and securities transactions, capital markets, M&A, fintech regulatory matters, and restructuring and insolvency. Luis Nicolau Gutiérrez (banking and finance, capital markets, M&A and restructuring) and Adriana Padilla Rivas (litigation, arbitration and restructuring), are also noted, as is associate Pamela Degollado García, who joined the firm in July 2024 and works on dispute resolution and restructuring mandates.

The team at Clyde & Co specialises in contentious bankruptcy and insolvency matters and also has experience advising on the gamut of non-contentious work. Vicente Bañuelos Rizo is the key name to note.

The insolvency practice at specialist litigation boutique Malpica, Iturbe, Buj y Paredes, S.C. is centred on representing creditors and debtors in commercial bankruptcy proceedings. Recent mandates of note have included acting for creditors in the bankruptcy proceedings of Altán Redes and Perforadora Oro Negro. Names to note include Juan José Iturbe, who specialises in representing creditors and debtor clients in the construction, aeronautic and finance sectors; Fernando de Ovando (civil and commercial litigation); and Rolando Zarate, who deals with bankruptcy, commercial litigation and arbitration.

The team at Ramírez Ornelas Abogados is well-placed to assist creditors and debtors alike with a range of contentious and non-contentious restructuring and insolvency mandates. Banks and companies in the financial services, telecoms and retail sectors routinely look to the group for support. Practice head Gerardo Ramírez Ornelas specialises in commercial litigation, arbitration and commercial bankruptcy matters. He is flanked by Luis Robles, who is well-versed in representing multinational clients in bankruptcy and administrative litigation cases; Gerardo Funtanet, whose practice is centred on financial restructurings and insolvency proceedings; and Fabricio Escalante, who frequently represents clients involved in commercial, civil, agrarian and bankruptcy disputes.

Rivera Gaxiola Fernández, Del Castillo, Quevedo, Lagos y Machuca Abogados y Asociados handles contentious bankruptcy and restructuring mandates from offices in Mexico City and Monterrey. Founding and managing partner Alonso Rivera Gaxiola is the key name to note.

The practice group at White & Case S.C. routinely assists creditors with a range of bankruptcy, restructuring and insolvency mandates. A recent highlight saw the group advise global energy, commodities and services company World Fuel Services on the bankruptcy proceeding of Interjet. Practice lead Enrique Espejel (who also co-leads the firm's disputes group) specialises in representing lenders and financial institutions in bankruptcy proceedings, class action litigation and white-collar proceedings. Experienced partner-level support is provided by María Teresa Fernández Labardini, who handles requests for authorisations before the financial and regulatory authorities, along with loan restructurings and M&A; and Diego Mora-Jensen, who focuses on bankruptcy, and commercial and civil litigation mandates. Associate Karla Gabriela Silva left the firm in October 2024. September 2025 saw the return of counsel and veteran bankruptcy and restructuring lawyer Thomas S. Heather to the firm from Creel, García-Cuéllar, Aiza y Enríquez, S.C., where he had been acting as practice co-head.