KfW IPEX-Bank GmbH acts as syndicate lead in Nevada Copper et al.'s CCAA proceedings

On June 21, 2024, Nevada Copper et al., a group of copper mining companies based in Reno, Nevada, had their US Chapter 11 proceedings recognized under Part IV of the CCAA. The companies collectively list liabilities totalling $493.1 million, including secured liabilities of $279.2 million, $188 million of which is owned to KfW IPEX-Bank GmbH.

KfW IPEX-Bank GmbH is a German commercial bank that specializes in development financing.

McCarthy Tétrault advised KfW IPEX-Bank GmbH with a team led by Christopher Langdon (Business), that included Lance Williams and Ashley Bowron (Bankruptcy and Restructuring).