Managing Partner: Guillermo Acuña
Partners: Alfonso Rubio, Víctor Ferro, Fausto Viale, Emil Ruppert, Luz María Pedraza, Oscar Arrús, Bruno Marchese, Xennia Forno, César Luna Victoria, Milagros Maraví, Sergio Amiel, Brendan Oviedo and Thomas Thorndike
Number of partners: 14
Number of other lawyers: 51
THE FIRM: Since its incorporation in 1980, the firm has been consistently recognised as one of Peru’s top tier full-service firms. Its reputation for high ethical standards and for providing top quality legal services is reflected in its constant recognition by prestigious international journals and reviews as one of Peru’s leading firms. Its transactional expertise and international standards make it a regular player in milestone transactions, such as the first issuance of ADR’s by a Peruvian issuer, the largest issuance of sovereign bonds by Peru, the most significant privatisation of a state-owned entity, the first IPO of a Peruvian issuer in London’s Stock Exchange, the first water project and public health infrastructure project financings in Peru.
MAIN AREAS OF PRACTICE:
Banking & Finance: The firm has a prominent profile in this practice due to its recurrent participation in landmark transactions. Recent experience includes a US$240MM loan facility granted to Shougang Hierro Perú by BCP, Santander, Citibank and HSBC, as well as a US$160’000,000 syndicated facility granted to BBVA Banco Continental by Bank of America, Citibank, Standard Chartered and Wells Fargo.
Capital Markets: One of the firm’s key practices in recent years due to its sophistication and participation in almost all international capital market transactions by Peruvian issuers. The firm’s expertise and capabilities allows for a comprehensive service on regulatory issues, as well as issuances of debt and equity securities. Recent experience includes Transportadora de Gas del Peru´s US$850MM international debt issuance, as well as Alicorp´s US$450MM international debt issuance.
Project Finance: The firm’s experience in pioneer project finance transactions makes it a favored choice for sponsors, developers and lenders in relation to infrastructure projects such as toll roads, hydro power plants, transmission lines, health infrastructure and water treatment plants. Extensive work in world class transactions based on payment certificates for advancement of works (CRPAO, RPICAO, etc.) structures has allowed for the firm to develop an unparalleled specialised skill set in the market. Recent experience includes the international bank/bond financing of the Linea Amarilla (Via Parque Rimac) toll road project for S/.1´395MM, as well as the international issuance by Peru Payroll Deduction Finance Limited of over US$229MM in debt securities for the development of four public health infrastructure projects granted by ESSALUD (Peru´s public health entity) through PPPs.
Mergers & Acquisitions: The soundness of the firm’s M&A practice has allowed its participation in some of the most complex transactions for the acquisition/sale of distressed companies, publicly listed companies, regulated entities and complex asset/business packages. Recent experience includes the sale of Rehder & Asociados to Marsh Peru (consolidating as the largest insurance brokerage business in Peru), as well as the acquisition by of Bolsa de Valores de México of an equity stake in Bolsa de Valores de Lima.
Mining: Traditionally one of the firm’s key practice departments since its inception. Its renowned reputation continues to make it a favored choice for investors and mining companies. Its broad experience and depth allows it to provide advice in all aspects related to mining projects, such as exploration and development agreements, joint ventures, project finance, construction and energy supply agreements, land acquisition and permitting. Recent experience includes projects for Barrick, Newmont, Xstrata, Chinalco and Anglo American.
Energy: The firm’s energy practice continues to grow and has quickly positioned itself as a top tier practice in the market. Services encompass all aspects of energy project development, including energy tenders, advising in the compliance of applicable market regulation, and drafting/negotiating PPA agreements as well as all types of agreements required to operate in the market. Recent experience includes projects for EnBW and Electrobras, among others.
Regulatory: The strength of the firm’s regulatory practice and its experience in privatisations, concessions and PPPs grants it specialized knowledge regarding complex industries. Recent experience includes advisory in tenders for major projects such as the Longitudinal de la Sierra Tramo 2 highway project, Line 2 of the Lima Metro Train System, the Chinchero – Cusco Airport and the San Martin Port..
Environmental: The firm’s extensive experience in environmental matters related to the development of all types of projects (mining, energy, infrastructure, etc.) is renowned. Client praise the environmental team for their ability to work together with technical specialists and lawyers from other areas of expertise, in order to provide a complete advisory relating to the environmental implications of their projects. Recent experience includes advisory with respect to projects developed by Barrick, Newmont, Xstrata, Chinalco, Anglo American, EnBW, Electrobras, among others.
Tax : The firm’s tax practice encompasses a broad range of matters, including general tax advisory, sophisticated tax planning, transfer pricing and international trade. It has significant experience on tax aspects of M&A transactions, cross-border financings and investments. The firm is recognised among the top five tax practices in Peru by the World Tax Guide of 2012 and 2013.
Labour & Employment: The Firm’s Labour and Employment Practice enjoys a prominent profile in the market. It has broad experience in all aspects of labour and employment law, including hiring plans, income and benefits structures, stock option plans, foreign personnel, collective bargaining, immigration, labour audits and judicial and administrative proceedings.
Dispute Resolution: The firm’s dispute resolution practice encompasses every type of complex litigation, including antitrust, administrative, aeronautical, tax, constitutional and commercial litigation. Past experience includes an active practice in arbitration and domestic and international dispute resolution, including investment arbitration settled before ICSID.
INTERNATIONAL WORK: The firm is member of the international TerraLex network.
LANGUAGES: English, Spanish, Portuguese, French, German and Italian.
Representative clients include Bank of America, Merrill Lynch, BNP Paribas, Credit Suisse, Deutsche Bank, Celfin Capital, JP Morgan Chase, Scotiabank, Morgan Stanley, Barclays Bank, Inter-American Development Bank, CAF, Credicorp Capital, BBVA, Interbank, Citibank, Newmont, Anglo American, Barrick, Bechtel, McCann Erickson, Eletrobras, Pacífico Vida Seguros and Odebrecht.
- Jr. Amazonas 1007, Office 669-A,
- Tel +5176 59 4064
- Fax +5176 59 4141
- Jr. Independencia 467 oficina 107 ,
- La Libertad
- Tel +5144 34 - 6998