Isel M.Perez

Associate

Miami + 1.305.714.9723

Isel Perez's practice focuses on business restructuring matters. She has represented clients in complex, high-profile chapter 11 cases, out-of-court restructurings, cross-border insolvencies, and distressed M&A transactions.

Isel is currently working on the team representing LTL Management, an affiliate of Johnson & Johnson, to resolve its talc liabilities and on teams representing Bestwall, an affiliate of Georgia-Pacific, and DBMP, an affiliate of CertainTeed, to resolve their asbestos liabilities.

She was also part of the team that advised Nissan Motor Co. with respect to Takata's global restructuring and the team representing a group of creditors in connection with the Commonwealth of Puerto Rico's restructuring. Isel played a significant role in the Firm's representation of Lippo China Resources, and its affiliated entities, as lender and investor party in a chapter 11 bankruptcy of a mining company, including negotiation of the purchase of the assets under a chapter 11 sale and various related adversary proceedings.

Isel is also involved in the Firm's nationwide pro bono efforts to assist unaccompanied minors and women seeking refuge in the United States from violence in Central America. As part of these efforts, she participated in the successful representation of two unaccompanied minors from Guatemala in obtaining asylum utilizing a novel "Cinderella" theory.

Experience

  • LTL Management, a Johnson & Johnson affiliate, files for chapter 11 to equitably and permanently resolve all current and future talc-related claims against itJones Day represents LTL Management LLC in its chapter 11 bankruptcy case filed October 14, 2021 in the Western District of North Carolina.
  • Wells Fargo provides Chapter 11 financial reorganization plan for CBL PropertiesJones Day advised Wells Fargo Bank, National Association, as administrative agent, in connection with the Chapter 11 financial reorganization plan of and secured exit financing for CBL Properties (“CBL”), a publicly traded real estate investment trust that owns and manages a portfolio of shopping malls.
  • Peabody Energy completes comprehensive exchange transactionJones Day represented Peabody Energy Corporation (the "Company"), a large private-sector coal company, in connection with a series of recapitalization transactions to, among other things, provide the Company with maturity extensions and covenant relief, while allowing it to maintain sufficient operating liquidity and financial flexibility, including: (i) an offer to exchange any and all of its outstanding $459 million aggregate principal amount of 6.000% Senior Secured Notes due 2022 (the "Existing Notes") for (a) new 10.000% Senior Secured Notes due 2024 to be co-issued by PIC AU Holdings LLC, a Delaware limited liability company and an indirect, wholly-owned subsidiary of Peabody ("AU HoldingsCo"), and PIC AU Holdings Corporation, a Delaware corporation and an indirect, wholly-owned subsidiary of Peabody ("AU HoldingsCorp" and, together with AU HoldingsCo, the "Co-Issuers"), and (b) new 8.500% Senior Secured Notes due 2024 to be issued by Peabody; and (ii) a restructuring of the revolving loans under the Company's existing credit agreement (the "Existing Credit Agreement") by (a) making a pay down of revolving loans thereunder in the aggregate amount of $10 million, (b) the co-issuers incurring $206 million of term loans under a credit agreement, dated as of January 29, 2021, (c) the Company entering into a letter of credit facility, and (d) the Company amending the existing credit agreement.
  • Mexico's Secretary of Communications and Transportation defends against foreign discovery in U.S. proceedingsJones Day advised Mexico's Secretary of Communications and Transportation in a proceeding brought under 28 U.S.C. § 1782 by Rivada Networks, a bid participant in a construction contract to expand Mexico's nationwide telecommunications network, who sought discovery of third-parties over alleged improprieties in the bid process when it was disqualified.
  • Millicom International Cellular sells and lease back towers to American Tower in Paraguay for approximately Gs700 billion (US$125 million)Jones Day advised Millicom International Cellular S.A. and its subsidiary Telefonica Celular del Paraguay S.A. in the sale of approximately 1,400 wireless communications towers to a subsidiary of American Tower Corporation ("ATC") in Paraguay for approximately Gs700 billion (US$125 million) in cash.
  • LCR and several affiliates acquire substantially all assets of CS Mining pursuant to sale under section 363 of Bankruptcy CodeJones Day represents various affiliates of Lippo China Resources Limited ("LCR") in connection with its investment in excess of $75 million in CS Mining, LLC, a copper mining company based in Milford, Utah that is the subject of a chapter 11 case pending in the United States Bankruptcy Court for the District of Utah.
  • Nissan Motor Co. in global restructuring of Takata CorporationJones Day is representing Nissan Motor Co., Ltd. in connection with the global restructuring of Takata Corporation and its subsidiaries.
  • St. George Logistics acquires Extra Express division of Dicom TransportationJones Day advised St. George Logistics ("STG") in its acquisition of the Extra Express division of Dicom Transportation Group.
  • Asylum granted to unaccompanied minors from GuatemalaJones Day successfully represented sisters K.C. and K.S., two unaccompanied minors from Guatemala, in obtaining asylum utilizing a novel "Cinderella" theory.
  • Majority owners of Mentez acquire entirety of Mentez, LLCJones Day advised the majority owners of Mentez, LLC, the parent company of Paymentez, LLC, a leading payment processor for online games, websites, and mobile applications in Latin America, in connection with the purchase of the membership interests of Mentez owned by a minority equity holder.