Practice · 06
Special Situations
Distressed transactions, partner deadlocks and post-closing conflicts, resolved before they turn into endless trials.
The matter
When the plan breaks, time becomes the scarcest asset.
Special situations start with pressure: a buyer walks away, a partner stops cooperating, cash runs short, a lender calls a default or a closed deal turns out to be different from the one negotiated. Options narrow every week that passes without a decision.
We help owners, investors and companies stabilize the position, understand their leverage and choose between negotiating, restructuring or litigating, combining transactional and dispute experience in one team across Mexico and the United States.
What we handle
Mandates
Distressed acquisitions and sales
Partner and shareholder deadlocks
Renegotiation of debt and equity commitments
Standstills, amendments, waivers and releases
Post-closing disputes and unwinds
Coordination with insolvency and litigation counsel
Where value is lost
Risks we plan for
Deadlines that pass while the parties are still talking
Partial information about liabilities, guarantees and collateral
Creditors, employees and tax authorities acting first
Corporate approvals that cannot be obtained in time
Legacy liabilities that follow the assets
How we build it
Four steps, one lead counsel.
01
Triage
Parties, documents, deadlines, exposure and leverage identified in days, not weeks.
02
Stabilize
Standstills, interim agreements and governance measures that buy time.
03
Resolve
A negotiated, restructured or litigated path chosen on the numbers.
04
Close out
Releases, amendments and corporate steps executed so the issue stays closed.
When to call us
Before the default, the termination notice, the buyer’s exit or the first lawsuit.
Related practice
Tell us what is at stake.
Every engagement begins with a private conversation with Joaquín.
Vega Guerrero
Firm · Practice · Experience · Insights · Contact · Privacy · Legal notice
Dallas
4925 N. O’Connor Road, 2nd Floor
Irving, Texas 75062
Mexico City
Av. Paseo de la Reforma 333, Floor 4, Suite 413, Col. Cuauhtémoc, 06500 Mexico City
Attorney advertising. This website provides general information, not legal advice. Contacting us does not create an attorney–client relationship. Past results do not guarantee a similar outcome. Responsible attorney: Joaquín Vega Martínez, State Bar of Texas No. 24154566, 4925 N. O’Connor Road, 2nd Floor, Irving, Texas 75062.
© 2026 Vega Guerrero