Peru - Corporate/M&A Lawyers & Law Firms - Latin America - Chambers and Partners
Chambers & Partners has detected the use of an ad blocker.
We make use of tailor-made ads to enhance your experience of our website.
Please 'whitelist' https://www.chambersandpartners.com.
Close
Latin-America Guide

Corporate/M&A — Peru

Overview

PERU: An Introduction to Corporate/M&A Contributed by Miranda & Amado Abogados

The country's political environment during the first quarter of 2018 was dominated by uncertainty until President Kuczynski resigned towards the end of the Peruvian summer. Following this, his successor, Vice President (currently President) Vizcarra is working to complete the term with little help from Congress, a reduced trusted entourage of people willing to help and a complex economic situation both locally and abroad.

Internationally, the development of a potential trade war between the US and China, and eventually other countries, presents a challenge for commodity prices, in particular minerals. Peru being a mining country could potentially end up an affected party.

But notwithstanding, the Peruvian economy has shown signs of some growth and progress amid the uncertainty, providing long time investors with opportunities even if the short term may present its challenges. Some new mining projects may begin to see light this year as well as a few infrastructure projects, which is good for the economy since they tend to involve large sums of money per project and therefore individually have an impact. However, many are still on hold, waiting to be acquired from their current owners, consumed in different crises, by more able new developers. This year Congress finally approved legislation directed at permitting projects owned by companies involved in corruption scandals to be transferred to new owners under certain conditions. The idea behind this new legislation is that projects do not suffer the fate of their corrupt owners as long as those owners are willing to forgo certain funds from the sales to secure eventual payments of damages or penalties, to which they are or could be subject.

Commercial activity has increased, as well as investments in real estate. Export activities, particularly agriculture and fishing, have shown signs of growth and new investment.

In comparison with last year:

• 2016 and 2017 had not seen any new large infrastructure projects, 2018 brings a slight increase in activity, although it seems that more activity will come only in 2019.

• The retail sector had been affected last year by less consumption and lower consumer confidence. 2018 has seen an increase in activity.

• The residential and commercial construction sector had also been affected in 2017 by lower consumption and a reduction in demand for new homes and new store and office space. 2018 is bringing an increase in these activities.

• Last year in the financial sector, issuance of new corporate debt had seen a reduction and focused on refinancing of obligations. This trend has continued.

As a result of the above, the expectations of growth for the Peruvian economy are being estimated at 3.6% (from an original 4.0%) for 2018 and at 4.3% (from an original 4.0%). The current context keeps pressure on companies to find ways to be more efficient and at the same time improve their market positions. In this context, many Peruvian enterprises are being sold and others look for a more long-term growth strategy and seek growth or strategic alliances. Many businesses believe that this is a temporary phase and the long term opportunities are good. Additionally, mid-sized and large businesses are not limiting their focus to Peru, and have redefined their markets of scope to include other Latin American countries, most frequently the countries of the Pacific Alliance.

Law firms and their corporate and M&A practices are no exception to the challenges facing clients. Law firms must also look for ways to be more efficient. They have to adjust to their clients' strategies for dealing with economic pressure and competition. However, and notwithstanding, in dealing with these challenges there is a need for legal services. Companies are refinancing their obligations, and are rising to the challenges of taking in investors or forming alliances with third parties, which was not common for Peruvian businesses. Peruvian companies looking to sell are having a bit more difficulty than a few years before, but there is an array of private equity funds and operators wanting to invest or expand and that keeps sale processes competitive.

At least until now, it appears that the economic downturn is affecting many businesses and conditioning their short term view and their business strategies for the medium and long terms. While some may have a pessimistic view which may result in the sale of their business, others may combine a realistic view of the present with a positive view for the future, and adopt strategies which will further their business. Unlike a few years ago however, by now most businesses know that a longer term strategy has to be supported by the help of new equity and not debt alone.

READ MORE

READ LESS


Miranda & Amado Abogados - Corporate/M&A Department

-

Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Acclaimed practice group maintaining a front-running presence in high-end corporate and M&A matters. Team offers extensive experience in major domestic and cross-border M&A transactions, joint ventures and corporate reorganisations. Robust structure is well equipped to assist with tax, financing and contractual matters arising from the corporate deals. Client roster comprises leading national and international companies from the real estate, insurance and retail sectors, as well as investment funds.

Strengths An impressed client describes the firm as "excellent," adding: "The team is very dedicated, always looking out for my best interests and achieving great results."

Another sources says: "The lawyers are really great. They have notably ample expertise and great understanding of the law across Latin America."

Work highlight Assisted Primax with the acquisition of 97% of stake of Corporación Pecsa, which gave the client majority control of 442 petrol stations across the country.

Notable practitioners

Experienced partner Roberto MacLean draws upon over 20 years of experience in the corporate and M&A arena to assist financial institutions and private equity funds with sophisticated and cross-border corporate acquisitions and financing mandates. He recently advised Intercorp Financial Services in their purchase of Seguros Sura and Hipotecaria Sura from Sura Asset Management and Grupo Wiese.

Head of practice Luis Miranda benefits from notable experience delivering on significant acquisitions within the Peruvian market. Clients value his commercial insight and his in-depth knowledge of corporate and M&A law, with one source in particular saying: "I always work with him because he is a great lawyer and amazingly responsive." Miranda is also active in financing and litigious mandates.

Founding partner José Daniel Amado is a known name for his long-standing transactional practice spanning M&A and corporate financing transactions, as well as his activity in arbitration proceedings arising from corporate and commercial matters.

Bruno Amiel garners effusive praise from market commentators, who enthuse: "He is an incredible professional, so charismatic, creative and efficient. He adapts to the client's preferences and really lives for the project he is working on." A client adds: "He is excellent." Amiel focuses his practice on acquisitions, corporate finance and privatisations.

Nathalie Paredes comes recommended by a source as "a highly capable, talented and excellent lawyer." A client describe her as "great," adding: "Although her analysis is very deep her explanations are very straightforward. It is very easy to get along with her and she is very committed to the task she assumes." She specialises in acquisitions and financing.

About the Team (content provided by Miranda & Amado Abogados)

The firm is consistently involved in the market’s biggest, most sophisticated and innovative M&A deals. During 2015, 2016 and 2017, the firm advised on around 40 high-end and/or complex M&A deals with a total value of around 5 billion, including all the market’s headline deals. Other matters include high-end JVs, corporate reorganisations, strategic contracts, structuring and implementing real estate investments, solving complex problems and creating complex corporate structures. The firm is highly active in cross-border deals and stands out for its experience as lead counsel coordinating regional cross-border M&A.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Payet, Rey, Cauvi, Pérez Abogados - Corporate/M&A Department

-

Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Market-leading practice group with outstanding capabilities in an array of sophisticated corporate and M&A matters. Experienced team assists both buyers and sellers with the structuring and negotiation of local and multi-jurisdictional M&A transactions and joint ventures, also advising on financing and refinancing issues. Boasts a prestigious client roster composed of national and international corporations from the food, healthcare and energy industries as well as investment banks and private equity funds.

Strengths Commentators describe the team as "highly skilled negotiators who are able to achieve goods results and constantly defend their clients' interests," adding: "They provide clear and prompt services."

A client says: "The lawyers create a good work dynamic, providing efficient replies for a competitive price."

Work highlight Advised InRetail Perú on the USD583 million acquisition of Quicorp.

Notable practitioners

Market observers attest to José Antonio Payet's outstanding reputation, reporting: "He is one of the best practitioners in the market." Others underline his strong capabilities handling corporate mandates, enthusing: "He is really excellent in M&A," and "he is active in the most interesting deals." Payet is experienced advising on an array of sophisticated matters, spanning major mergers, acquisitions and divestitures for a prestigious international clientele.

Clients value Juan Antonio Egüez's comprehensive services, noting: "He has a complete profile, he is one of those professionals that looks at everything and provides great advice." They add: "His work in M&A is excellent." He focuses on the purchase and sale of shares, mergers and corporate financing, being also acknowledged for his capabilities in deals involving listed companies.

Co-head of department Susan Castillo is referred to by an interviewee as "a highly meticulous lawyer who has in-depth understanding of corporate issues." She assists companies with local and international M&A and other corporate finance transactions. Castillo has particular strength acting on deals related to the mining sector.

Partner José Cúneo is endorsed by a market commentator as "a very intelligent practitioner." He is well versed acting on corporate acquisitions and financing mandates arising from the environmental and mining sectors.

About the Team (content provided by Payet, Rey, Cauvi, Pérez Abogados)

Our practice in corporate law, cornerstone in the development of the firm, houses a group of recognized experts in advising each and every phase of a corporation’s development.

Payet, Rey, Cauvi, Pérez Abogados’ attorneys regularly advise on the implementation and organization of corporate vehicles (incorporation procedures, corporate organization in general and corporate governance) and in the execution of its commercial activities (civil and commercial aspects in general), accompanying our clients in their most important processes and transactions (mergers and acquisitions) as well as in their most critical phases (asset restructuring).

Our frequent participation in the market’s most relevant transnational and cross-border transactions in the fields of mergers and acquisitions, spin-offs, transfer of assets, takeovers, among others, provides us with the knowledge and experience necessary to offer our clients the best possible and innovative solutions, from a commercial, tax and regulatory viewpoint, with international standards of quality.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Rebaza, Alcázar & De Las Casas - Corporate/M&A Department

-

Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Highly reputed corporate and M&A firm with lengthy track record handling complex transactional matters. Strong team is well versed handling cutting-edge local and cross-border corporate reorganisations and M&A deals, with particular strength in venture capital and private equity investments. Acts as counsel to renowned companies from diverse sectors such as manufacturing, energy and natural resources and is also retained by prestigious private equity funds and asset management companies.

Strengths Clients appreciate the team's "ample experience in mergers and acquisitions in different sectors which facilitates the negotiations and closing of the deals."

Another client adds: "The lawyers are extraordinarily qualified professionals and offer practical solutions that lead to favourable outcomes."

Work highlight Advised Corporación Pecsa on the approximately USD270 million sale of 90% of its shares to Corporación Primax.

Notable practitioners

Acclaimed partner Alberto Rebaza is described by clients as "a creative and diligent lawyer" who "has the seniority and the experience to explain how things are dealt with." They go on to assert: "He is hands-on and pro-deal" and "a determinant in the most complex parts of the transactions." Rebaza is regularly retained by clients from the insurance, energy and natural resources sectors for his expertise handling strategic corporate deals.

Department co-head and partner Felipe Boisset is described by clients as "a prudent lawyer that easily identifies the relevant issues during negotiations and doesn't lose his time discussing insignificant ones." They add: "He has a great experience and engenders a lot of trust when providing legal advice." Boisset advices on domestic and cross-border M&A often involving listed companies.

Partner Alexandra Orbezo comes recommended by market observers as "a great and talented lawyer." An impressed client adds: "She is very diligent and I feel comfortable when she is conducting my cases." Orbezo has a broad corporate practice with a particular focus on venture capital and startups.

Up-and-coming partner Luis Miguel Elías focus his practice on assisting major companies with both domestic and international M&A deals and joint ventures, also advising on investments and divestments. He offers particular capabilities handling mandates related to the mining sector.

Up-and-coming partner Daniel Gonzáles maintains an active corporate and M&A practice, spanning acquisitions, financing and reorganisations. He has been handling transactions related to the education sector and is recommended by a client for his "distinguished involvement in the cases."

About the Team (content provided by Rebaza, Alcázar & De Las Casas)

Recent highlights include advising: 

  • Glencore in the acquisition of a controlling stake in Volcan Compañía Minera; 
  • shareholders of Corporación Pecsa in the sale of a majority stake in Corporación Pecsa in favor or Primax; 
  • Grupo Wiese and Sura Asset Management in the sale of Seguros Sura and Hipotecaria Sura in favor of Intercorp Financial Services; 
  • shareholders of Inversiones La Rioja in the sale of 99.97% of their outstanding stock to INTURSA;
  • Glencore in the acquisition of the Contonga mine formerly owned by Nyrstar; 
  • Inversiones Educa in the acquisition of Grupo Toulouse; 
  • shareholders of Artesco and Mova Industrial in the sale of 75% of their capital stock in favor of Staedtler; 
  • Smart Fit in the acquisition of Gold’s Gym;

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Rodrigo, Elías & Medrano Abogados - Corporate/M&A Department

-

Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Full-service powerhouse with an extensive track record handling high-end corporate and M&A mandates. Deep bench offers outstanding capabilities in the purchase and sale of minority and majority stakes, mergers and complex corporate reorganisations involving divestments. Routinely retained by a domestic and multinational clientele composed of private equity firms and pensions funds, as well as leading corporations hailing from the insurance, mining and pharmaceutical industries.

Strengths A client says: "The team excels in very complex cases due to the ability to present several alternative solutions."

Another source adds: "The lawyers are fantastic, always available and client-focused, delivering sophisticated legal services."

Work highlight Assisted I Squared Capital with the Peruvian aspects of the USD1.2 billion global acquisition of IC Power's energy portfolio in Latin America.

Notable practitioners

Head of practice Jean Paul Chabaneix continues to be widely recognised as a leading name in this sector, with sources highlighting his "negotiation skills, assertiveness and thorough coverage of negotiations." A clients adds: "He goes beyond the call of duty, attending to every question and need." He excels in the structuring of M&A transactions and corporate financing mandates, offering complementary strength in energy and natural resources matters.

Partner Luis Carlos Rodrigo Prado maintains a strong corporate practice, with a noteworthy focus on natural resources and mining-related mandates. He offers additional expertise in the infrastructure sector, having recently assisted SAAM with the sale of a minority interest in Tramarsa to Grupo Romero.

Partner Eduardo López is recognised as an active player within the Peruvian market, with an interviewee describing him as "a great lawyer who is always available." He draws upon 20 years of experience to assist clients with the structuring and negotiation of local and cross-border M&A deals and financing, including bilateral and syndicated loans.

Luis Enrique Palacios is described by an interviewee as "a name that comes straight to my head when I think about M&A in Peru." He is commended by market observers for "his focused and diligent" approach and availability, with sources also commenting: "He attentively makes time to address our doubts and questions."

Partner Jorge Trelles is recognised as "very good and active lawyer." He regularly advises on corporate finance and M&A transactions, offering particular strength in deals involving the energy, natural resources and infrastructure sectors.

Associate-to-watch Nicolás Cornejo is described by a peer as "a visible name" in the market, while a client singled out his dedication and availability: "Nicolás is a constant presence by our side during transactions."

About the Team (content provided by Rodrigo, Elías & Medrano Abogados)

Our lawyers specializing in Corporate and M&A provide advice across all industries, either representing buyers, sellers, financial advisors or financial institutions.

Our services are rendered with a multidisciplinary approach, supporting our clients in due diligence activities, in the design of legal and tax-related structures and in the preparation and negotiation of the relevant agreements.

We further assist Peruvian and foreign investors with all stages and legal aspects of their business activity, including corporate, contractual and civil matters in various industries.

We assist investors or companies from their incorporation and during their growth and commercial expansion. We advise business reorganizations and represent companies as interlocutor with interested third parties.

We provide ongoing guidance on all procedures related to permits, authorizations, contracts, as well as on effective compliance with corporate governance standards.


No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Estudio Echecopar - Member Firm of Baker McKenzie International - Corporate/M&A Department

-

Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Renowned global player with an experienced team advising on national and cross-border private equity and non-private equity M&A deals, as well as joint ventures. Also equipped to assist with corporate reorganisations and financing mandates. Frequently sought out by various high-profile investment funds as well as domestic and foreign companies from the energy, medical and pharmaceutical sectors. Mitsui Group is a new client win.

Strengths One client enthuses: "The work is always spot-on and very thorough. They are perfect, I couldn't have asked for better."

Work highlight Advised Inversiones Nacionales de Turismo on the acquisition of 99.97% of the outstanding shares of Inversiones La Rioja, owner of the Marriott International hotel chain in Peru.

Notable practitioners

Liliana Espinosa Reboa is recommended by clients for her "leadership and amazing negotiation skills." They go on to add: "She has a pro-deal attitude" and "is up to date and attentive to our needs." She offers expertise in domestic and multi-jurisdictional acquisitions and corporate financing, including private equity investments. Her clientele includes names from the fishing, telecommunications and retail industries.

Partner Inés Baca de la Piedra is experienced in M&A mandates involving the education and real estate sectors. Clients single her out as "a very available, opinionated and precise lawyer," adding: "She is very responsive, detail-oriented and an efficient negotiator."

Oscar Trelles de Belaunde focuses on M&A and corporate finance, often acting for companies from the mining sector. He gets praise from clients, who describe him as "very proactive" and "talented." One in particular says: "He is spectacular, delivering top-quality services within an impressive timeframe."

About the Team (content provided by Estudio Echecopar - Member Firm of Baker McKenzie International)

Our team advice in all matters of corporate issues, including the incorporation and maintenance of all types of corporations, the establishment of branches or agencies, the choice of the most adequate and efficient corporate form, the development of the articles of incorporation and the bylaws of the respective company, the negotiation and development of shareholder agreements.

We advise in complex commercial contracts, especially in joint venture contracts, strategic alliances, investments, commercial commissions, agency, and representation contracts, we participate in highly sophisticated and complex transactions intended for the acquisition or sale of company stock, whether listed in the stock market or not, or for the acquisition or sale of assets, including transactions combined with mergers, spin-offs and all types of corporate reorganizations. We advice in transactions related to companies undergoing restructuring due to insolvency.

We assist through all stages of a transaction, either for the sale or purchase of a business, including preparing the business for a sale and the respective due diligence process, negotiating the purchase or the sale agreement, handling the closing matters and occasionally coordinating the closing across multiple jurisdictions, and integrating the operations of the resulting business.

Most of our lawyers have an international work experience, hold a Master Degree either locally or abroad and some of them are admitted to practice in New York.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Garrigues - Corporate/M&A Department

-

Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Highly respected firm with a flourishing corporate and M&A practice in Peru. Enjoys a significant presence advising on local and cross-border transactions such as private equity and non-private equity M&A deals as well as joint ventures and corporate refinancing mandates. Clientele includes reputed companies from diverse sectors such as telecommunication, energy and insurance, as well as global private equity firms and investment banks.

Strengths Clients value the firm's international reach and also say: "The team is highly dedicated. They are always available to push forward and solve any problems that occur."

Work highlight Advised Advent International on the acquisition of 95% of equity of the IT company GMD.

Notable practitioners

Department co-head Sergio Amiel comes recommended by sources as "a sophisticated lawyer" in corporate and M&A matters. An impressed client says: "He is great, very easy to work with. He is that kind of practitioner I know I can call and be confident that he will understand my problem and solve it." Amiel offers extensive capabilities structuring and negotiating M&A, joint ventures and corporate finance deals.

Market sources describe Thomas Thorndike as "impeccable," adding: "He is an experienced lawyer that is open to listen and accepts opinions, knowing how to work in a team." They go on to add: "He is highly technical and has a good understanding of the commercial aspects of a transaction." His practice covers an array of corporate finance deals.

Associate-to-watch Héctor Zegarra is described by interviewees as "a really good lawyer" who is "very solid and able to handle relevant aspects of M&A deals." Zegarra has experience acting on both local and multi-jurisdictional M&A deals.

About the Team (content provided by Garrigues)

Department profile not yet provided by Garrigues. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Hernández & Cía. Abogados - Corporate/M&A Department

-

Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Dynamic practice group with ample capabilities in a range of corporate transactions from mergers and acquisitions of controlling stakes to the structuring and negotiation of joint ventures and consortium agreements. Regularly assists major companies from the insurance, financing and natural resources sectors with corporate governance, commercial contracts and reorganisations. Anheuser-Busch InBev and Inventa Capital are new client wins.

Strengths Clients appreciate the team's expertise, saying: "They deliver a high-quality and specialised service, offering excellent cost-benefit."

Work highlight Advised Abraaj Group on the approximately USD49 million acquisition of a controlling stake in Matriz Ideas.

Notable practitioners

Head of department Juan Luis Hernández maintains an active transactional and consultancy practice within the Peruvian corporate arena. Commentators describe him as "a highly efficient lawyer who generates confidence due to his considerable experience." He advises on a variety of domestic and international M&A deals, as well as benefiting from key experience in corporate crisis management.

Partner Diego Carrión maintains an active corporate M&A practice. He has experience advising venture capital funds, investment banks and presitgious companies from the mining and natural resources sectors on multi-jurisdictional M&A deals and corporate restructuring.

About the Team (content provided by Hernández & Cía. Abogados)

The firm’s corporate work is diverse and significantly wide because of the firm’s wide and cross-border clients, which have corporate development’s strategies and improvement, as well as the firm’s recognition as leader in the private equity industry. Hernández & Cía. Abogados recently advised The Abraaj Group –leading private equity investor operating in global growth markets- in the acquisition of a majority stake in Casaideas. 

In addition, the firm advised a minority shareholder group of Compañía Minera Milpo S.A.A. in the transfer of their jointly stake of shares (20.17% of total capitalstock) in favour of Votorantim Metais – Cajamarquilla S.A. The firm also advised The Carlyle Group in its second private equity acquisition in Peru, pursuant to which Carlyle acquired a controlling equity stake in the leading Peru-based cash management company Hermes Transportes Blindados S.A.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Muñiz, Olaya, Meléndez, Castro, Ono & Herrera Abogados - Corporate/M&A Department

-

Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Established full-service firm regularly acting on domestic and cross-border M&A transactions and well equipped to assist with the corresponding due diligence and contractual matters. Also active in corporate reorganisations and corporate governance mandates. Clientele includes national and international companies and conglomerates operating in the food and beverage, real estate and consumer goods industries, as well as investment funds.

Strengths Clients praises the team's "creativity to build out-of-the-box solutions," adding: "Besides their technical strength, they handle the negotiations with emotional intelligence and are very available and swift."

Work highlight Advised Arca Continental on the USD700 million merger between its beverage business in Mexico and South America with The Coca-Cola Company's business in the south of the USA.

Notable practitioners

Highly reputed founding partner Jorge Muñiz continues to be seen as an important figure in the domestic market, due to his time-honoured experience advising on corporate mandates. He also offers remarkable knowledge of the forestry, agribusiness and infrastructure industries.

Mauricio Olaya Nohra is referred to as "a point of reference in the Peruvian market" by commentators. Clients values his contributions to corporate deals, saying: "He is a skilled negotiator and someone you always want on your side of the table," and "he is highly creative in his solutions, which are based on his distinguished experience." They add: "He is always available to respond to our queries and solve complex issues quickly and with outstanding clarity."

Up-and-coming partner Juan Carlos Vélez is lauded by clients as "a sophisticated," as well as "perceptive and intelligent lawyer." They go on to say: "He has a great deal of knowledge about the market which allows him to provide us with effective and creative solutions for various corporate mandates."

About the Team (content provided by Muñiz, Olaya, Meléndez, Castro, Ono & Herrera Abogados)

Our legal advice encompasses corporate law in general, including corporate matters (incorporation of companies, shareholder agreements, good corporate governance, relationship between shareholders, and board liability) and civil matters (contract review, family law protocols, and property law). 

We play a leading role in mergers and acquisitions in various sectors of the economy, designing the best corporate-tax structure and negotiating strategy. We have considerable experience in the preparation of data rooms and disclosure schedules. We also have a team of professionals with plenty of experience conducting due diligence examinations who are in a capacity to simultaneously perform different examination processes within short periods of time without losing sight of the basic aspects of the transaction involved, while covering accounting, tax and labor aspects on a comprehensive basis.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Philippi Prietocarrizosa Ferrero DU & Uría - Corporate/M&A Department

-

Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Respected firm with solid experience in transactional corporate mandates spanning M&A deals, joint ventures and corporate reorganisations, including spin-offs. Offers additional strengths negotiating and drafting investment and shareholder agreements, also assisting with due diligence procedures. Client roster comprises investment funds and companies hailing from the construction, energy and natural resources sectors. WSP Global is a new client win.

Strengths Clients consider the team to be "reliable and dedicated" and add: "They provide creative solutions" and "they develop a personal relationship and are always available."

Work highlight Advised Brookfield and SUEZ on a joint venture for the acquisition of Concesionare Trasvase Olmos and H2Olmos.

Notable practitioners

Department co-head Guillermo Ferrero Álvarez-Calderón continues to be recognised as a top-tier practitioner within the Peruvian corporate and M&A arena. Clients appreciate his broad activity, considering him "an expert" in the field. He boasts an outstanding expertise in both domestic and international M&A transactions and corporate reorganisations, often assisting companies from the mining, construction and financial services industries.

Sources are impressed by Rafael Boisset Tizon saying: "He understands Peruvian law and institutions very well, especially in relation to regulatory matters that might affect our M&A deals." Interviewees also appreciate his comprehensive advice and one remarks: "He is highly capable, responds immediately and has great interpersonal skills."

Jose Delmar remains a visible practitioner in the Peruvian market. He is active in a broad range of mandates within the corporate and M&A arena. He represents both local and multinational clients in acquisitions and corporate contracts. He also acts on commercial arbitration mandates.

About the Team (content provided by Philippi Prietocarrizosa Ferrero DU & Uría)

Our practice area is highly specialized in Corporate and M&A matters. Its lawyers have been involved in complex transactions and are renowned for providing creative and efficient legal advice. In addition to delivering timely advice and practical solutions to clients facing a wide variety of legal and business challenges, PPU provides multinational companies with high quality services as a consequence of its extensive international practice. Our practice area provides corporate clients with all the tools needed to manage both the day-to-day matters and the strategic issues that may arise from each transaction, merger or acquisition. PPU offers its clients legal advice in different fields, such as:

  • Corporate structuring and incorporation of investment vehicles
  • Formation of private equity funds
  • Preparation and negotiation of commercial contracts
  • Permanent assistance in corporate matters
  • Legal advice in connection to Corporate Governance
  • Domestic and international transactions and due diligence processes
  • Business reorganizations, integrations, mergers and acquisitions, spin-offs and control takeovers
  • National and cross-border mergers and acquisitions
  • Structuring and execution of public offerings

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


CMS GRAU - Corporate/M&A Department

-

Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Well-known practice with an established track record in corporate matters. Actively involved in M&A transactions and corporate reorganisations, also offering notable capabilities in the structuring and drafting of shareholder agreements and commercial contracts. Maintains a diverse client roster featuring local and international companies hailing from the technology, pharmaceutical and real estate industries.

Strengths Clients enthuse: "The service is consistently high-quality and rigorous, and the team always provide accurate advice."

Work highlight Assisted HP with the Peruvian aspects of the global acquisition of the printer business of Samsung Electronics.

Notable practitioners

Department co-head Juan Carlos Escudero Velando maintains a visible practice within the domestic corporate arena and is singled out by one client as "a high-level practitioner." He assists with M&A, corporate reorganisations and financing related to an array of sectors such as the pharmaceutical, retail and agriculture.

About the Team (content provided by CMS GRAU)

Department profile not yet provided by CMS GRAU. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


DLA Piper Pizarro Botto Escobar - Corporate/M&A Department

-

Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Key corporate practice with significant experience assisting international and domestic clients with M&A deals and corporate reorganisations. Also involved in consultancy matters related to contracts and day-to-day corporate issues. Frequently sought out by investment funds and companies hailing from the real estate, construction and automotive sectors, as well as natural resources. WeWork is a new client win.

Strengths Clients describe the team's services as "perfect," adding: "They were extremely responsive, highly efficient and the quality of the documents produced was very good."

Work highlight Assisted Lahmeyer International GmbH with the sale of 50% of the capital stock of Lahmeyer Agua y Energía to Grupo Ferradas.

Notable practitioners

Luis Vargas is well versed in assisting domestic and international companies from an array of sectors such as real estate, energy and telecommunications. He focuses his practice on structuring M&A, including private equity deals, also acting on corporate reorganisations and commercial contracts. He is described as "a very pragmatic lawyer."

A client is full of praise for associate-to-watch Janilú Badiola, affirming: "She was responsible for the smoothness of the transaction and managed it very well. We left it completely in her hands and she did a great job. You would want all matters handled like that."

About the Team (content provided by DLA Piper Pizarro Botto Escobar)

Department profile not yet provided by DLA Piper Pizarro Botto Escobar. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Lazo, De Romaña & CMB Abogados - Corporate/M&A Department

-

Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Long-standing corporate practice with notable experience advising national and international companies from the healthcare, energy and real estate sectors on a variety of corporate contracts. Team assists with the formation of new corporations, as well as the negotiation and drafting of shareholders agreements. Also active in M&A transactions and corporate financing. Banco Internacional del Perú and Dow are new client wins.

Strengths Clients are quick to point out the team's attentive service, stating: "They distinguish themselves for their close contact with clients and comprehensive vision."

Work highlight Advised SYNLAB Diagnósticos Globales on the USD20 million acquisition of Medlab Cantella Colichón.

Notable practitioners

Jorge Lazo acts as head of the firm's corporate department. His practice spans various transactional mandates, including M&A deals and joint ventures. He also advises on corporate restructuring and contractual issues. Lazo offers particular experience in cross-border mandates between Peru and various European jurisdictions.

Sources praise Fátima De Romaña, saying: "Her expertise, participation and clarity are noteworthy." Besides her corporate and M&A activity she is also active in banking and finance transactions. She recently advised SYNLAB Diagnósticos Globales on the acquisition of Medlab Cantella Colichón.

About the Team (content provided by Lazo, De Romaña & CMB Abogados)

Our Corporate group provides the entire range of the day to day legal services companies may need. We advise on matters regarding the incorporation of companies, preparation and review of by-laws, drafting and negotiating shareholders agreements, assessing disclosure control in order to comply with regulatory requirements and general corporate advisory, always guiding our clients through “best practices” standards in their specific industry.

In addition, we counsel our clients focusing on matters that may arise in their businesses, addressing their needs during any process of decision-making, including, legal advisory, due diligence processes, drafting and negotiation of contracts and other documents, deciding among financing choices, analyzing their alternatives of corporate reorganizations, mergers and acquisitions, asset sales, spin-offs, leasing transactions, and in general, we take care of every detail required by a particular transaction.

Our team is highly qualified for providing answers on legal issues connected to the Corporate Law practice such as Tax Law, Labor Law, Capital Markets, Finance, Bankruptcy and Financial Restructuring and other connected areas.



No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Arbe Abogados Corporativos Financieros - Corporate/M&A Department

-

Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Compact practice experienced handling a wide range of corporate finance mandates including acquisitions involving the drafting and negotiation of shareholders' agreements. Also well versed in company reorganisations as well as day-to-day corporate matters. Client roster includes names from the energy, insurance and construction sectors, as well as finance and retail.

Strengths Clients say: "The service is impeccable. They are a proactive team who are truly concerned with providing correct and safe advice."

Notable practitioners

César Arbe enjoys a long-established practice within the domestic arena, assisting with M&A transactions and corporate finance matters. Clients value his comprehensive corporate advice, and remark: "He plays an extremely important role and his ideas are brilliant."

About the Team (content provided by Arbe Abogados Corporativos Financieros)

Arbe Abogados advises a wide range of businesses and has a strong background in M&A transactions. The firm represents bidders, targets, financial advisors, merchant bankers and other parties in deals ranging from small to large privately negotiated transfers of shares or assets to leveraged buyouts to public transactions in the capital market, domestic and cross-border public company combinations.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Estudio Olaechea - Corporate/M&A Department

-

Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Active practice group well positioned to advise domestic and international clients on a wide range of corporate issues. Typical mandates include the structuring and negotiation of acquisitions and other corporate finance deals. Also adept at assisting with the due diligence related to corporate transactions. Client roster comprises names from the natural resources, insurance and retail sectors.

Strengths Clients value the team's "ability to find creative solutions to overcome contractual disagreements and their knowledge of the Peruvian market," adding: "They have the perfect combination of legal and business expertise."

Work highlight Assisted EuroAmerica with the acquisition of 50% of Rigel Peru's shares.

Notable practitioners

Clients are impressed by partner Martín Serkovic's attentive service, noting: "He responds quickly and is always available to address questions." One interviewee describes him as "a great lawyer" adding: "He is a professional of the highest order."

Associate-to-watch Mariela Ángeles is endorsed by clients for her "superb service" and commended as "a very good and responsive lawyer." Another interviewee enthuses: "She is prompt and responsible in her advice and adds value."

About the Team (content provided by Estudio Olaechea)

Department profile not yet provided by Estudio Olaechea. Please see their firm profile.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

{{ article.publishedDate | date: 'longDate' }}

{{article.title}}


Overview

PERU: An Introduction to Corporate/M&A Contributed by Miranda & Amado Abogados

The country's political environment during the first quarter of 2018 was dominated by uncertainty until President Kuczynski resigned towards the end of the Peruvian summer. Following this, his successor, Vice President (currently President) Vizcarra is working to complete the term with little help from Congress, a reduced trusted entourage of people willing to help and a complex economic situation both locally and abroad.

Internationally, the development of a potential trade war between the US and China, and eventually other countries, presents a challenge for commodity prices, in particular minerals. Peru being a mining country could potentially end up an affected party.

But notwithstanding, the Peruvian economy has shown signs of some growth and progress amid the uncertainty, providing long time investors with opportunities even if the short term may present its challenges. Some new mining projects may begin to see light this year as well as a few infrastructure projects, which is good for the economy since they tend to involve large sums of money per project and therefore individually have an impact. However, many are still on hold, waiting to be acquired from their current owners, consumed in different crises, by more able new developers. This year Congress finally approved legislation directed at permitting projects owned by companies involved in corruption scandals to be transferred to new owners under certain conditions. The idea behind this new legislation is that projects do not suffer the fate of their corrupt owners as long as those owners are willing to forgo certain funds from the sales to secure eventual payments of damages or penalties, to which they are or could be subject.

Commercial activity has increased, as well as investments in real estate. Export activities, particularly agriculture and fishing, have shown signs of growth and new investment.

In comparison with last year:

• 2016 and 2017 had not seen any new large infrastructure projects, 2018 brings a slight increase in activity, although it seems that more activity will come only in 2019.

• The retail sector had been affected last year by less consumption and lower consumer confidence. 2018 has seen an increase in activity.

• The residential and commercial construction sector had also been affected in 2017 by lower consumption and a reduction in demand for new homes and new store and office space. 2018 is bringing an increase in these activities.

• Last year in the financial sector, issuance of new corporate debt had seen a reduction and focused on refinancing of obligations. This trend has continued.

As a result of the above, the expectations of growth for the Peruvian economy are being estimated at 3.6% (from an original 4.0%) for 2018 and at 4.3% (from an original 4.0%). The current context keeps pressure on companies to find ways to be more efficient and at the same time improve their market positions. In this context, many Peruvian enterprises are being sold and others look for a more long-term growth strategy and seek growth or strategic alliances. Many businesses believe that this is a temporary phase and the long term opportunities are good. Additionally, mid-sized and large businesses are not limiting their focus to Peru, and have redefined their markets of scope to include other Latin American countries, most frequently the countries of the Pacific Alliance.

Law firms and their corporate and M&A practices are no exception to the challenges facing clients. Law firms must also look for ways to be more efficient. They have to adjust to their clients' strategies for dealing with economic pressure and competition. However, and notwithstanding, in dealing with these challenges there is a need for legal services. Companies are refinancing their obligations, and are rising to the challenges of taking in investors or forming alliances with third parties, which was not common for Peruvian businesses. Peruvian companies looking to sell are having a bit more difficulty than a few years before, but there is an array of private equity funds and operators wanting to invest or expand and that keeps sale processes competitive.

At least until now, it appears that the economic downturn is affecting many businesses and conditioning their short term view and their business strategies for the medium and long terms. While some may have a pessimistic view which may result in the sale of their business, others may combine a realistic view of the present with a positive view for the future, and adopt strategies which will further their business. Unlike a few years ago however, by now most businesses know that a longer term strategy has to be supported by the help of new equity and not debt alone.

READ MORE

READ LESS

Senior Statesperson

Muñiz, Olaya, Meléndez, Castro, Ono & Herrera Abogados

From the Chambers Latin America guide

Highly reputed founding partner Jorge Muñiz continues to be seen as an important figure in the domestic market, due to his time-honoured experience advising on corporate mandates. He also offers remarkable knowledge of the forestry, agribusiness and infrastructure industries.

^ See whole ranking table

Band 1

Jean Paul Chabaneix

Rodrigo, Elías & Medrano Abogados

From the Chambers Latin America guide

Head of practice Jean Paul Chabaneix continues to be widely recognised as a leading name in this sector, with sources highlighting his "negotiation skills, assertiveness and thorough coverage of negotiations." A clients adds: "He goes beyond the call of duty, attending to every question and need." He excels in the structuring of M&A transactions and corporate financing mandates, offering complementary strength in energy and natural resources matters.

^ See whole ranking table

Band 1

Guillermo Ferrero Álvarez-Calderón

Philippi Prietocarrizosa Ferrero DU & Uría

From the Chambers Latin America guide

Department co-head Guillermo Ferrero Álvarez-Calderón continues to be recognised as a top-tier practitioner within the Peruvian corporate and M&A arena. Clients appreciate his broad activity, considering him "an expert" in the field. He boasts an outstanding expertise in both domestic and international M&A transactions and corporate reorganisations, often assisting companies from the mining, construction and financial services industries.

^ See whole ranking table

Band 1

Mauricio Olaya Nohra

Muñiz, Olaya, Meléndez, Castro, Ono & Herrera Abogados

From the Chambers Latin America guide

Mauricio Olaya Nohra is referred to as "apoint of reference in the Peruvian market" by commentators. Clients values his contributions to corporate deals, saying: "Heis a skilled negotiator and someone you always want on your side of the table," and "he is highly creative in his solutions, which are based on his distinguished experience." They add: "He is always available to respond to our queries and solve complex issues quickly and with outstanding clarity."

^ See whole ranking table

Band 1

José Antonio Payet

Payet, Rey, Cauvi, Pérez Abogados

From the Chambers Latin America guide

Market observers attest to José Antonio Payet's outstanding reputation, reporting: "He is one of the best practitioners in the market." Others underline his strong capabilities handling corporate mandates, enthusing: "He is really excellent in M&A," and "he is active in the most interesting deals." Payet is experienced advising on an array of sophisticated matters, spanning major mergers, acquisitions and divestitures for a prestigious international clientele.

^ See whole ranking table

Band 1

Rebaza, Alcázar & De Las Casas

From the Chambers Latin America guide

Acclaimed partner Alberto Rebaza is described by clients as "a creative and diligent lawyer" who "has the seniority and the experience to explain how things are dealt with." They go on to assert: "He is hands-on and pro-deal" and "a determinant in the most complex parts of the transactions." Rebaza is regularly retained by clients from the insurance, energy and natural resources sectors for his expertise handling strategic corporate deals.

^ See whole ranking table

Band 2

Garrigues

From the Chambers Latin America guide

Department co-head Sergio Amiel comes recommended by sources as "a sophisticated lawyer" in corporate and M&A matters. An impressed client says: "He is great, very easy to work with. He is that kind of practitioner I know I can call and be confident that he will understand my problem and solve it." Amiel offers extensive capabilities structuring and negotiating M&A, joint ventures and corporate finance deals.

^ See whole ranking table

Band 2

Liliana Espinosa Reboa

Estudio Echecopar - Member Firm of Baker McKenzie International

From the Chambers Latin America guide

Liliana Espinosa Reboa is recommended by clients for her "leadership and amazing negotiation skills." They go on to add: "She has a pro-deal attitude" and "is up to date and attentive to our needs." She offers expertise in domestic and multi-jurisdictional acquisitions and corporate financing, including private equity investments. Her clientele includes names from the fishing, telecommunications and retail industries.

^ See whole ranking table

Band 2

Juan Luis Hernández

Hernández & Cía. Abogados

From the Chambers Latin America guide

Head of department Juan Luis Hernández maintains an active transactional and consultancy practice within the Peruvian corporate arena. Commentators describe him as "a highly efficient lawyer who generates confidence due to his considerable experience." He advises on a variety of domestic and international M&A deals, as well as benefiting from key experience in corporate crisis management.

^ See whole ranking table

Band 2

Roberto MacLean M

Miranda & Amado Abogados

From the Chambers Latin America guide

Experienced partner Roberto MacLean draws upon over 20 years of experience in the corporate and M&A arena to assist financial institutions and private equity funds with sophisticated and cross-border corporate acquisitions and financing mandates. He recently advised Intercorp Financial Services in their purchase of Seguros Sura and Hipotecaria Sura from Sura Asset Management and Grupo Wiese.

^ See whole ranking table

Band 2

Miranda & Amado Abogados

From the Chambers Latin America guide

Head of practice Luis Miranda benefits from notable experience delivering on significant acquisitions within the Peruvian market. Clients value his commercial insight and his in-depth knowledge of corporate and M&A law, with one source in particular saying: "I always work with him because he is a great lawyer and amazingly responsive."  Miranda is also active in financing and litigious mandates.

^ See whole ranking table

Band 2

Luis Carlos Rodrigo Prado

Rodrigo, Elías & Medrano Abogados

From the Chambers Latin America guide

Partner Luis Carlos Rodrigo Prado maintains a strong corporate practice, with a noteworthy focus on natural resources and mining-related mandates. He offers additional expertise in the infrastructure sector, having recently assisted SAAM with the sale of a minority interest in Tramarsa to Grupo Romero.

^ See whole ranking table

Band 3

Rebaza, Alcázar & De Las Casas

From the Chambers Latin America guide

Department co-head and partner Felipe Boisset is described by clients as "a prudent lawyer that easily identifies the relevant issues during negotiations and doesn't lose his time discussing insignificant ones." They add: "He has a great experience and engenders a lot of trust when providing legal advice." Boisset advices on domestic and cross-border M&A often involving listed companies.

^ See whole ranking table

Band 3

Juan Antonio Egüez

Payet, Rey, Cauvi, Pérez Abogados

From the Chambers Latin America guide

Clients value Juan Antonio Egüez's comprehensive services, noting: "He has a complete profile, he is one of those professionals that looks at everything and provides great advice." They add: "His work in M&A is excellent." He focuses on the purchase and sale of shares, mergers and corporate financing, being also acknowledged for his capabilities in deals involving listed companies.

^ See whole ranking table

Band 3

Rodrigo, Elías & Medrano Abogados

From the Chambers Latin America guide

Partner Eduardo López is recognised as an active player within the Peruvian market, with an interviewee describing him as "a great lawyer who is always available." He draws upon 20 years of experience to assist clients with the structuring and negotiation of local and cross-border M&A deals and financing, including bilateral and syndicated loans.

^ See whole ranking table

Band 3

Luis Enrique Palacios

Rodrigo, Elías & Medrano Abogados

From the Chambers Latin America guide

Luis Enrique Palacios is described by an interviewee as "a name that comes straight to my head when I think about M&A in Peru." He is commended by market observers for "his focused and diligent" approach and availability, with sources also commenting: "He attentively makes time to address our doubts and questions."

^ See whole ranking table

Band 4

José Daniel Amado

Miranda & Amado Abogados

From the Chambers Latin America guide

Founding partner José Daniel Amado is a known name for his long-standing transactional practice spanning M&A and corporate financing transactions, as well as his activity in arbitration proceedings arising from corporate and commercial matters.

^ See whole ranking table

Band 4

Miranda & Amado Abogados

From the Chambers Latin America guide

Bruno Amiel garners effusive praise from market commentators, who enthuse: "He is an incredible professional, so charismatic, creative and efficient. He adapts to the client's preferences and really lives for the project he is working on." A client adds: "He is excellent." Amiel focuses his practice on acquisitions, corporate finance and privatisations.

^ See whole ranking table

Band 4

Inés Baca de la Piedra

Estudio Echecopar - Member Firm of Baker McKenzie International

From the Chambers Latin America guide

Partner Inés Baca de la Piedra is experienced in M&A mandates involving the education and real estate sectors. Clients single her out as "a very available, opinionated and precise lawyer," adding: "She is very responsive, detail-oriented and an efficient negotiator."

^ See whole ranking table

Band 4

Rafael Boisset Tizon

Philippi Prietocarrizosa Ferrero DU & Uría

From the Chambers Latin America guide

Sources are impressed by Rafael Boisset Tizon saying: "He understands Peruvian law and institutions very well, especially in relation to regulatory matters that might affect our M&A deals." Interviewees also appreciate his comprehensive advice and one remarks: "He is highly capable, responds immediately and has great interpersonal skills."

^ See whole ranking table

Band 4

Juan Carlos Escudero Velando

CMS GRAU

From the Chambers Latin America guide

Department co-head Juan Carlos Escudero Velando maintains a visible practice within the domestic corporate arena and is singled out by one client as "a high-level practitioner." He assists with M&A, corporate reorganisations and financing related to an array of sectors such as the pharmaceutical, retail and agriculture.

^ See whole ranking table

Band 4

Lazo, De Romaña & CMB Abogados

From the Chambers Latin America guide

Jorge Lazo acts as head of the firm's corporate department. His practice spans various transactional mandates, including M&A deals and joint ventures. He also advises on corporate restructuring and contractual issues. Lazo offers particular experience in cross-border mandates between Peru and various European jurisdictions.

^ See whole ranking table

Band 4

Miranda & Amado Abogados

From the Chambers Latin America guide

Nathalie Paredes comes recommended by a source as "a highly capable, talented and excellent lawyer." A client describe her as "great," adding: "Although her analysis is very deep her explanations are very straightforward. It is very easy to get along with her and she is very committed to the task she assumes." She specialises in acquisitions and financing.

^ See whole ranking table

Band 4

Garrigues

From the Chambers Latin America guide

Market sources describe Thomas Thorndike as "impeccable," adding: "He is an experienced lawyer that is open to listen and accepts opinions, knowing how to work in a team." They go on to add: "He is highly technical and has a good understanding of the commercial aspects of a transaction." His practice covers an array of corporate finance deals.

^ See whole ranking table

Band 4

Oscar Trelles de Belaunde

Estudio Echecopar - Member Firm of Baker McKenzie International

From the Chambers Latin America guide

Oscar Trelles de Belaunde focuses on M&A and corporate finance, often acting for companies from the mining sector. He gets praise from clients, who describe him as "very proactive" and "talented." One in particular says: "He is spectacular, delivering top-quality services within an impressive timeframe."

^ See whole ranking table

Band 4

DLA Piper Pizarro Botto Escobar

From the Chambers Latin America guide

Luis Vargas is well versed in assisting domestic and international companies from an array of sectors such as real estate, energy and telecommunications. He focuses his practice on structuring M&A, including private equity deals, also acting on corporate reorganisations and commercial contracts. He is described as "a very pragmatic lawyer."

^ See whole ranking table

Band 5

Arbe Abogados Corporativos Financieros

From the Chambers Latin America guide

César Arbe enjoys a long-established practice within the domestic arena, assisting with M&A transactions and corporate finance matters. Clients value his comprehensive corporate advice, and remark: "He plays an extremely important role and his ideas are brilliant."

^ See whole ranking table

Band 5

Germán Carrera Rey

Carrera, Pinatte & Baca-Álvarez Abogados S.C.R.L.

From the Chambers Latin America guide

Germán Carrera Rey of Carrera, Pinatte & Baca-Álvarez Abogados S.C.R.L. earns plaudits from clients, who report: "He is very proactive and efficient, showing good commercial awareness." Another interviewee remarks: "I have confidence in Carrera's services."

^ See whole ranking table

Band 5

Hernández & Cía. Abogados

From the Chambers Latin America guide

Partner Diego Carrión maintains an active corporate M&A practice. He has experience advising venture capital funds, investment banks and presitgious companies from the mining and natural resources sectors on multi-jurisdictional M&A deals and corporate restructuring.

^ See whole ranking table

Band 5

Payet, Rey, Cauvi, Pérez Abogados

From the Chambers Latin America guide

Co-head of department Susan Castillo is referred to by an interviewee as "a highly meticulous lawyer who has in-depth understanding of corporate issues." She assists companies with local and international M&A and other corporate finance transactions. Castillo has particular strength acting on deals related to the mining sector.

^ See whole ranking table

Band 5

Payet, Rey, Cauvi, Pérez Abogados

From the Chambers Latin America guide

Partner José Cúneo is endorsed by a market commentator as "a very intelligent practitioner." He is well versed acting on corporate acquisitions and financing mandates arising from the environmental and mining sectors.

^ See whole ranking table

Band 5

Fátima De Romaña

Lazo, De Romaña & CMB Abogados

From the Chambers Latin America guide

Sources praise Fátima De Romaña, saying: "Her expertise, participation and clarity are noteworthy." Besides her corporate and M&A activity she is also active in banking and finance transactions. She recently advised SYNLAB Diagnósticos Globales on the acquisition of Medlab Cantella Colichón.

^ See whole ranking table

Band 5

Philippi Prietocarrizosa Ferrero DU & Uría

From the Chambers Latin America guide

Jose Delmar remains a visible practitioner in the Peruvian market. He is active in a broad range of mandates within the corporate and M&A arena. He represents both local and multinational clients in acquisitions and corporate contracts. He also acts on commercial arbitration mandates.

^ See whole ranking table

Band 5

Fernando Martinot

Martinot Abogados

From the Chambers Latin America guide

Founding partner Fernando Martinot of Martinot Abogados is praised by a client, who says: "He is really intelligent. I was satisfied from the very beginning with how he handled everything." Besides his corporate and M&A practice, he is also active in bankruptcy and restructuring issues.

^ See whole ranking table

Band 5

Rebaza, Alcázar & De Las Casas

From the Chambers Latin America guide

Partner Alexandra Orbezo comes recommended by market observers as "a great and talented lawyer." An impressed client adds: "She is very diligent and I feel comfortable when she is conducting my cases." Orbezo has a broad corporate practice with a particular focus on venture capital and startups.

^ See whole ranking table

Band 5

Estudio Olaechea

From the Chambers Latin America guide

Clients are impressed by partner Martín Serkovic's attentive service, noting: "He responds quickly and is always available to address questions." One interviewee describes him as "a great lawyer" adding: "He is a professional of the highest order."

^ See whole ranking table

Band 5

Rodrigo, Elías & Medrano Abogados

From the Chambers Latin America guide

Partner Jorge Trelles is recognised as "very good and active lawyer." He regularly advises on corporate finance and M&A transactions, offering particular strength in deals involving the energy, natural resources and infrastructure sectors.

^ See whole ranking table

Up and Coming

Rubio Leguía Normand

From the Chambers Latin America guide

Partner Carlos Arata of Rubio Leguía Normand is experienced acting on M&A transactions and corporate finance mandates. He routinely advises significant international companies hailing from the construction, mining and financial services sectors on both domestic and cross-border mandates.

^ See whole ranking table

Up and Coming

Luis Miguel Elías

Rebaza, Alcázar & De Las Casas

From the Chambers Latin America guide

Up-and-coming partner Luis Miguel Elías focus his practice on assisting major companies with both domestic and international M&A deals and joint ventures, also advising on investments and divestments. He offers particular capabilities handling mandates related to the mining sector.

^ See whole ranking table

Up and Coming

Rebaza, Alcázar & De Las Casas

From the Chambers Latin America guide

Up-and-coming partner Daniel Gonzáles maintains an active corporate and M&A practice, spanning acquisitions, financing and reorganisations. He has been handling transactions related to the education sector and is recommended by a client for his "distinguished involvement in the cases."

^ See whole ranking table

Up and Coming

Juan Carlos Vélez

Muñiz, Olaya, Meléndez, Castro, Ono & Herrera Abogados

From the Chambers Latin America guide

Up-and-coming partner Juan Carlos Vélez is lauded by clients as "a sophisticated," as well as "perceptive and intelligent lawyer." They go on to say: "He has a great deal of knowledge about the market which allows him to provide us with effective and creative solutions for various corporate mandates."

^ See whole ranking table

Associates to watch

Estudio Olaechea

From the Chambers Latin America guide

Associate-to-watch Mariela Ángeles is endorsed by clients for her "superb service" and commended as "a very good and responsive lawyer." Another interviewee enthuses: "She is prompt and responsible in her advice and adds value."

^ See whole ranking table

Associates to watch

DLA Piper Pizarro Botto Escobar

From the Chambers Latin America guide

A client is full of praise for associate-to-watch Janilú Badiola, affirming: "She was responsible for the smoothness of the transaction and managed it very well. We left it completely in her hands and she did a great job. You would want all matters handled like that."

^ See whole ranking table

Associates to watch

Rodrigo, Elías & Medrano Abogados

From the Chambers Latin America guide

Associate-to-watch Nicolás Cornejo is described by a peer as "a visible name" in the market, while a client singled out his dedication and availability: "Nicolás is a constant presence by our side during transactions."

^ See whole ranking table

Associates to watch

Garrigues

From the Chambers Latin America guide

Associate-to-watch Héctor Zegarra is described by interviewees as "a really good lawyer" who is "very solid and able to handle relevant aspects of M&A deals." Zegarra has experience acting on both local and multi-jurisdictional M&A deals.

^ See whole ranking table