Argentina - 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 — Argentina

Overview

ARGENTINA: An Introduction to Corporate/M&A Contributed by Estudio Beccar Varela

Make Argentina a friendlier economy for investments - this is one of the pillars of the new government, elected in December 2015. Since then, the administration, led by President Mauricio Macri, has taken several measures to achieve this objective, which benefited M&A transactions in Argentina. Clear examples are the lifting of restrictions in areas such as foreign exchange (free access to the foreign exchange market), and the repatriation of dividends and payments of royalties, among other issues of importance for foreign investors. Additionally, improved access to financing for local companies and an economy with a more stable outlook have provided a boost to M&A transactions. In line with this, the IMF estimated an economic growth of 2.2% in 2017 (Footnote 1).

M&A transactions have grown in value and number since 2016 and local M&A deals are expected to be greater this year, as well as in the years to come (Footnote 2). According to recent studies, M&A transactions increased by 37% in 2016 (Footnote 3). This upward trend is expected to continue due to increased local and foreign investor interest, as well as increased activity by funds from Argentina and the region. Throughout the first half of 2017 there have also been a considerable number of reports that potential investments have been put on hold pending the results of the October 2017 midterm legislative elections (to occur after the date of writing), which may come to fruition in 2018. On a sectoral basis, there is increasing activity in energy (especially renewable energy), finance, technology and agribusiness.

The energy sector has been very active during 2016. Local energy demand has grown significantly due to an increase in economic activity and population growth, tied to a lack of investment in past years. According to KPMG’s paper, "Investing in energy generation sources in the national electrical sector,” investments of over USD40 billion are estimated in the energy field over the next 10 years, with half expected to be allocated to the exploitation of renewable energies (Footnote 4). The market seems receptive towards renewable energies and Argentina is the perfect landscape for the development of this sector because, among other things, the regulatory framework requires large users to gradually increase the renewable quota (20% of renewable energy source by December 31st, 2025).

A series of public bids known as the RenovAr Program for the construction of power plants based on various sources of renewable energy (wind, solar, biomass) took place in 2016. Demonstrating investor appetite, a total of 170 projects were presented in two bid rounds for a total 8,829 MW of capacity. Finally, 44 power purchase agreements (PPAs) were awarded to local and foreign investors. A new tender for a total capacity of 1,000 MW was announced by the government for mid-August 2017. Approval of the regulation of the direct PPAs is also expected, by means of which investors will be able to negotiate and execute PPAs directly with large users and distribution companies. Also, additional measures have been taken, such as subsidies and adjustments in tariffs after several years of a tariff freeze, making the energy sector increasingly attractive.

The discovery of the Vaca Muerta shale oil and gas field in Neuquén, in the south of Argentina, estimated to be one of the largest shale oil reserves of the world, is without a doubt one of the most promising landscapes for investments. The fall in commodity prices and the resulting slowdown in global oil sector activity slowed the anticipated development of Vaca Muerta, but has also made it an attractive investment opportunity.

The financial field has also been notably active (Footnote 5), offering room to grow and showing interest from local players for expansion, as well as from foreign players looking to invest in Argentina for the first time or return to investing here (in certain cases). One of the most important deals of recent years took place during 2016 when Citibank sold its retail business in Argentina. The sale of Deutsche Bank was another relevant transaction in 2016.

Regarding technology, Argentina has made serious progress in exploiting this constantly changing sector and is widely recognised as a source of talented developers of technology, an attractive niche of the Argentine market.

Blending finance and technology, fintechs are also playing a relevant role in Argentine M&As and represent a burgeoning area for investments. Not only have the discussions between banks vs. non-banking companies (dedicated to financial services) been significant, but commercial businesses are exploring the opportunity to develop their own fintechs. The banking regulatory authorities are taking measures allowing fintechs to flourish. In June 2017, the Central Bank of Argentina granted a banking license to the first fully digital bank (Wanap) of Argentina, created in response to the needs of consumers demanding greater development of the banking sector.

In the agribusiness field, apart from the traditional potential for development of the Argentine soil, the progressive reduction of withholdings applicable to strategic sectors benefits this sector, making it more profitable for them to trade in goods and services which in turn makes it an even more attractive area for investments. On the other hand, the existence of restrictions on the acquisition of land by foreigners can be seen as a barrier for investors in this field, although the current government has been making efforts to diminish the impact of these regulations by speeding up the process and clarifying some provisions of the regulations.

Another new key measure to foster infrastructure investments was the recent enactment of Law Number 27,328. This law regulates the public-private investment regime and presents an alternative for alliances to invest in infrastructure that neither the private nor public sector might undertake by themselves.

As a general challenge for Argentine M&As, there is still significant work to be done in order to speed up administrative filings (such us companies’ registries and competition filings, among others), which the current administration considers as a priority. Indeed, some advances have been made, such as filings that allow the incorporation of a company in one day and permitting sole shareholder companies. It is also worth noting that in Argentina the analysis of potential M&A transactions needs to increasingly consider certain topics such as competition, money laundering and compliance regulations. As in many markets worldwide, job preservation and creation is a top government priority, and M&A activity, whether local or foreign, might come under close scrutiny by unions and the media.

As for the up-and-comers, recent Law 27,349 facilitates the creation and fosters the investment in start-ups and entrepreneurial businesses with aggressive fiscal incentives. Additionally, medium-sized enterprises are being fostered with attractive tax regimes (Law Number 25,300 as recently amended). Finally, investments in sustainability, or so-called "triple-impact projects" (including positive social or environmental impact), are no longer only attracting the interest of multinationals and multilaterals; various investment funds are prioritising such investments and a draft bill is under consideration.

For all the reasons stated above, we are confident that both the number and amounts of Argentine M&As will continue to grow.

Footnotes:

1. http://www.telam.com.ar/notas/201704/186025-el-fmi-aseguro-que-la-argentina-deja-atras-la-recesion.html

2. A growth of 61% (interannual in six months) is reported in La Nación, 3 July, Negocios section. (http://www.lanacion.com.ar/1914695-la-vuelta-de-las-fusiones-y-adquisiciones-a-la-argentina)

3. For more information please see Transactional Track Record report https://www.ttrecord.com/es/publicaciones/informe-por-mercado/informe-mensual-argentina/Argentina-Anual-2016/1708/

4. For more information, please see "Investing in energy generation sources in the national electrical sector” KPMG, July 2017 https://assets.kpmg.com/content/dam/kpmg/ar/pdf/investing-in-energy-generation-sources-in-the-national-electrical-sector.pdf

5. For more information, please see: https://www2.deloitte.com/content/dam/Deloitte/ar/Documents/finance/ma-informe-anual-2016.pdf

READ MORE

READ LESS


Bruchou, Fernández Madero & Lombardi - Corporate/M&A Department

-

Band 1

第一等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 8 partners
- 38 other qualified lawyers

What the team is known for Full-service firm at the forefront of the market with a pace-setting practice assisting blue-chip companies with big-ticket M&A transactions, joint ventures and disposals. Regularly advises on restructuring, as well as compliance and corporate governance issues. Represents clients involved in a wide range of economic sectors, with particular strength and experience in agribusiness, energy and natural resources. Team is supported by the firm's highly rated tax and banking and finance departments. New client wins for the firm this year include Danone, Colbún and Gazprom.

Strengths One client is keen to highlight the firm's offering in this area, stating: "I would say that the firm succeeds in simultaneously offering outstanding legal knowledge, a practical and commercial understanding of the matter and consistent availability to the client."

Another source enthuses: "The service provided by the firm is excellent. Their responses are timely, deeply technical and show great understanding of our company and requirements."

Work highlights Acted as legal counsel to Citibank on the auctioning of its Argentine retail banking business, including the negotiation of the asset purchase agreement with Banco Santander Río.

Advised Inversor Petroquímica during negotiations with LyondellBasell regarding the acquisition of the latter's subsidiary, Petroken Petroquímica Ensenada.

Significant clients Cargill, Bunge, Dreyfus, Edesur, JPMorgan Chase.

Notable practitioners

Market commentators endorse senior partner Enrique Bruchou describing him as "a great lawyer" within the Argentine market. He is held in high regard for his ability to handle complex M&A transactions for a number of key clients, such as Central Puerto and Dubai Ports World, and is also well equipped to represent both investment banks and large corporations.

Javier Rodríguez Galli is recognised by peers for his activity within the corporate and M&A arena and has experience handling acquisitions, divestitures and joint ventures, among other matters. He has in-depth knowledge of the oil and gas industry and is routinely called upon to assist a variety of clients from this sector with corporate mandates.

Managing partner Carlos Lombardi is regularly retained to advise banking entities on a range of corporate and M&A transactions. He has additional knowledge of a broad spectrum of financing and capital markets mandates.

Mariano Luis Luchetti is recognised for his expertise in M&A, venture capital investments and joint ventures. He has considerable experience advising a range of domestic and international clients from the energy sector in particular.

Aixa Sureda is described by clients as "an excellent lawyer." They go on to point out: "She is very smart and hard-working and has a complete knowledge of the legal framework." Sureda has notable experience advising on M&A transactions, as well as antitrust mandates.

Making his debut in the rankings, Estanislao Hernán Olmos is highlighted by market sources as "a great lawyer with a very good reputation." They continue: "He is a highly professional and hard-working practitioner." He centres his practice on antitrust, corporate and M&A mandates.

About the Team (content provided by Bruchou, Fernández Madero & Lombardi)

Our Firm has a distinctive capacity to assist our clients in identifying the risks inherent to new investments and to device, negotiate and implement the most appropriate risk allocation arrangements in the form of acquisition and sale contracts, shareholders and operating agreements.


Such capacity is the result of an extensive experience and overseas and in relation to the most diverse business areas, like those of banking, insurance, pension funds, health care, retail and consumer goods, media and telecommunications and manufacturing.

 

Our knowledge and expertise in the competition law, corporate and business transactions fields and our experience operating in various countries, makes us a special and even unique tool for any complex investment project.
 

BFM&L has been involved in some of the most significant M&A transactions, representing sellers, buyers or financial advisors in various industries.













No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

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

{{article.title}}


Marval, O'Farrell & Mairal - Corporate/M&A Department

-

Band 1

第一等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Heads of department: Santiago Carregal, Alfredo O'Farrell and Pablo Viñals Blake
- 22 partners
- approximately 81 other qualified lawyers

What the team is known for Outstanding full-service firm with a deep bench and a cutting-edge corporate practice. Recognised market leader handling sophisticated national and cross-border mandates, including M&A transactions, joint ventures and corporate restructuring. Represents prestigious domestic and multinational clients from an array of sectors, notably energy and natural resources, TMT and agribusiness. Also advises clients on day-to-day corporate mandates, supported by the firm's leading tax department.

Strengths The firm is underlined by clients as being deserving of its top-tier position. They highlight: "The service they provide us is outstanding. The team has in-depth knowledge and always offers us creative solutions. They are also highly responsive. Argentina is a very complex market and so having Marval, O'Farrell & Mairal's help is very valuable."

Sources go on to assert: "Marval offers very good service and has the capacity to operate very well on an international level."

Work highlights Assisted Telecom Italia in Fintech's acquisition of Telecom Argentina as part of a USD550.6 million transaction.

Represented a group of investors in the purchase of 50% of Compañía de Inversiones de Energía, owner of Transportadora de Gas del Sur, from Pampa Energía for USD241 million.

Significant clients Repsol, Adecoagro, Mead Johnson, Microsoft, SABMiller.

Notable practitioners

Seasoned practitioner Héctor Mairal is a particularly well known and highly respected name within the market. He is described by interviewees as "the best lawyer in Argentina" and is held in high esteem for his extensive expertise in administrative and corporate law. He has particular experience advising clients on corporate reorganisations, M&A and disposals, as well as financing mandates.

Pablo Viñals Blake is highlighted by sources as being "very active in M&A matters." He is highly skilled in handling both cross-border and domestic transactions for a varied roster of clientele, including foreign investors. He has additional strength assisting with matters related to agribusiness and energy.

Clients praise Santiago Carregal as "a highly experienced M&A lawyer who is able to provide a sense of reassurance in complex matters, as well as creative solutions to unexpected problems." He has long-standing experience in the corporate arena and led the team on the aforementioned Telecom Italia work highlight.

Managing partner Alfredo Miguel O'Farrell principally focuses his practice on corporate and M&A transactions, with antitrust being an additional area of expertise. He has significant experience advising both foreign and domestic clients on a broad spectrum of corporate matters.

Diego Krischcautzky's activity in the corporate and M&A market is acknowledged by interviewees, who describe his style of work as "very sophisticated." He is noted for his practice in the corporate sphere, often advising a variety of clients from sectors such as agribusiness, food manufacturing and infrastructure.

Pablo García Morillo is singled out by clients as "an intelligent, versatile and creative lawyer when finding solutions. He has the advantage of knowing the market very well." He frequently assists with significant M&A transactions and has experience advising on joint ventures between domestic and overseas companies.

Pablo Artagaveytia is described by a client as a "top-notch" practitioner, the source goes on to add: "I have confidence in him and we work well together in every matter." His main areas of focus include commercial and corporate law, often being called upon to advise clients from the energy, food and beverage and pharmaceutical sectors, among others.

Hernán Slemenson is said by market commentators to be "a very active practitioner in this field." He is well equipped to advise private equity funds and investors in a variety of transactions and is highly capable handling cross-border transactions. He has in-depth knowledge of the technology sector in particular.

Up-and-coming partner Barbara Veronica Ramperti enters the rankings this year following considerable market recognition. She centres her practice on M&A transactions, joint ventures and corporate reorganisations.

About the Team (content provided by Marval, O'Farrell & Mairal)

Marval’s corporate department is renowned for providing high quality advice on the market’s biggest, most sophisticated and innovative transactions, including complex cross-border deals. Our corporate department has an unrivalled range of expertise; the team handles the complete range of corporate work from high-end M&A, JVs and corporate restructurings to day-to-day corporate matters for key corporate clients and is regularly involved in creating complex new corporate structures.



We have unmatched experience advising clients on regional transactions. In recent years the firm has been retained by multinational clients to coordinate transactions across many countries in Latin America.



Our corporate practice covers a wide range of matters including:


 

  • Inward investments by foreign investors, including private equity funds
  • Outward investments by Argentine investors
  • Mergers and acquisitions
  • Due diligence audits
  • Planning and structuring of joint ventures
  • Shareholder agreements
  • Governmental approvals and regulatory requirements
  • Acquisitions through bidding processes
  • Restructurings and spin-offs
  • General corporate representation for public and private corporations
  • Corporate dispute resolution 



No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

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

{{article.title}}


Pérez Alati, Grondona, Benites & Arntsen - Corporate/M&A Department

-

Band 1

第一等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Head of department: Jorge Pérez Alati
- 10 partners
- 55 other qualified lawyers

What the team is known for Stellar practice routinely called upon to advise a distinguished roster of global clients on a high volume of national and cross-border transactions, including M&A deals, joint ventures and disposals. Sector experience includes acting for leading telecoms, technology and agribusiness companies, as well as energy, manufacturing and insurance conglomerates. Acclaimed for its continued representation of non-Argentine business entities in their incorporation into the local market. Banco Comafi is among the firm's new client wins this year.

Strengths One client states: "The firm provides a top-quality service, which is exactly what we need. The lawyers are highly specialised in complex matters and are extremely professional."

Another enthuses: "I am very satisfied with the service I receive from the firm. In a particularly complex market, which is subject to instability, the firm has proven to be dependable and dedicated over a number of years."

Work highlights Assisted Onex with aspects of a USD4 billion global transaction regarding the purchase of an intellectual property and science business from Thompson Reuters.

Acted on behalf of KKR and Panasonic Healthcare during the acquisition of diabetes healthcare assets from Bayer in a cross-border transaction valued at USD1.1 billion.

Significant clients Banco Santander Río, Bosch, Brasil Foods, Sinopec, Google.

Notable practitioners

Interviewees state that Santiago Daireaux "has focused his career on M&A transactions." He is widely recognised for providing advice to banks, hedge funds and large corporations from a range of sectors. Daireaux is routinely called upon to assist with corporate mandates, as well as M&A and financing transactions.

Department head Jorge Luis Pérez Alati is praised by sources as a "great practitioner" in this field. He has noteworthy experience assisting both local and foreign investors with a variety of corporate matters and is also well equipped to handle dispute resolution mandates.

Mariano Florencio Grondona is noted by interviewees as "a good lawyer who is active in M&A and corporate transactions." He has in-depth knowledge of corporate finance transactions and is often retained by clients from industries such as telecommunications and energy.

Diego Serrano Redonnet is described as an "excellent" practitioner by sources who go on to point out his strength in corporate finance transactions. He has particular know-how in M&A and joint venture agreements, as well as advising clients on foreign investments.

Since publication, José Martínez de Hoz Jr has left the practice.

About the Team (content provided by Pérez Alati, Grondona, Benites & Arntsen)

Department profile not yet provided by Pérez Alati, Grondona, Benites & Arntsen. 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}}


Allende & Brea - Corporate/M&A Department

-

Band 2

第二等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Heads of department: Valeriano Guevara Lynch and Pablo Louge
- 10 partners
- 30 other qualified lawyers

What the team is known for Well-regarded firm with a solid corporate practice frequently called upon to advise international companies and investment funds on acquisitions and disposals in the Argentine market. Also handles day-to-day corporate advice for a number of high-profile insurance companies. Has additional expertise assisting clients from industries such as pharmaceuticals, gaming and telecommunications.

Strengths Clients are impressed by the firm's capabilities in corporate transactions, as one states: "The team's way of working, alongside its ability to arrive at solutions and simplify problems that arise, makes it very pleasant to work with them and creates a fluid relationship between the team and the client."

Work highlights Served as legal counsel to Ennis-Flint during the company's 80% share purchase of Cristacol.

Significant clients Ericsson, Paysafe Financial Services, Uber Technologies, Digital Bridge, American Insurance Association.

Notable practitioners

According to interviewees, Valeriano Guevara Lynch is "an excellent lawyer" within the corporate space. He focuses his practice on day-to-day corporate matters, as well as transactional mandates such as M&A. He possesses a wealth of experience advising clients from a variety of industries, such as infrastructure, manufacturing and financial services.

Pablo Louge is singled out by commentators as "an expert" in this market. He is recognised for his considerable knowledge, covering day-to-day corporate mandates and M&A transactions, most notably related to the projects sector. Other areas of expertise include insurance and agribusiness.

One observer is quick to enthuse that Juan Martín Allende "did a great job. He is very good at communicating with counterparties and is amazing at structuring a transaction for the Argentine market." He is particularly well versed in matters related to the mining sector.

Santiago Sturla is a well-known player within the corporate market. He concentrates his practice on M&A, project financing and foreign investment. He has represented clients from a range of sectors including banking, pharmaceuticals and insurance.

Associate-to-watch Laura Kurlat is noted for her experience assisting both local and international clients with M&A transactions and general corporate considerations. She has additional knowledge of insurance and reinsurance mandates.

About the Team (content provided by Allende & Brea)

Department profile not yet provided by Allende & Brea. 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}}


Beccar Varela - Corporate/M&A Department

-

Band 2

第二等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Heads of department: Roberto Crouzel and Roberto Fortunati
- 13 partners
- 30 other qualified lawyers

What the team is known for Established full-service law firm with a deep bench assisting local and international companies with domestic and cross-border M&A transactions. Also handles day-to-day corporate activities for clients, including the negotiation and drafting of commercial contracts and agreements. Active across various sectors, including energy, financial services and pharmaceuticals. News Corporation is among the firm's new client wins this year.

Strengths One interviewee underlines: "The combination of good professionals and a broad legal coverage makes the firm an outstanding choice for any process that requires legal advice. They have an excellent corporate team with a deal-making mind set and the spirit to find solutions rather than problems."

Work highlights Represented Deutsche Bank in Banco Comafi's purchase of its Argentine business.

Significant clients Banco de Galicia y Buenos Aires, IFC, BNP Paribas Cardif, Unilever, Itaú Unibanco.

Notable practitioners

Roberto Crouzel is praised by clients as "a high-quality professional." He is very visible in the corporate sphere, regularly advising on a broad range of areas encompassing general corporate matters and M&A transactions. He is routinely called upon to assist domestic and international clients from industries such as telecommunications and energy.

Roberto Fortunati is endorsed by observers as "a very experienced practitioner." They go on to add: "He has good interpersonal skills and is able to bring different elements of a deal together." He is particularly adept at assisting clients with energy-related transactions.

Highly experienced practitioner Damián Beccar Varela is recognised by interviewees for his long-standing practice advising a range of clients, including financial institutions and international corporations, on an array of corporate mandates.

Associate-to-watch Eugenia Radaelli is identified by clients as "a very promising lawyer." She is noted for her abilities in M&A transactions, as well as her experience providing day-to-day advice to companies and banks.

About the Team (content provided by Beccar Varela)

Our Corporate and M&A Department advises our clients on their strategic decisions as well as on their day-to-day business activities. Due to our prolonged permanence in the market, we have acquired very valuable expertise, which enables us to offer more sound and effective advice.

Regional practice. Over the past years, our firm has increasingly assumed the role of international counsel of regional M&A transactions, acting as lead counsel, coordinating the tasks to be performed with local counsel of each jurisdiction involved. 

Trust services. Our firm owns a trust services Company, FyMSA (Fideicomisos & Mandatos S.A.), which may act as trustee/escrow agent in transactions where clients require those services.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

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

{{article.title}}


Mitrani Caballero & Ruiz Moreno - Corporate/M&A Department

-

Band 2

第二等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Head of department: Cristian Mitrani
- 11 partners
- 21 other qualified lawyers

What the team is known for Respected practice group with a strong team, known for its focus on lucrative cross-border M&A and joint ventures. Represents a concentrated client base of prestigious multinational companies, in particular the manufacturing conglomerate Techint and its subsidiaries. Also assists local businesses with day-to-day corporate matters, as well as foreign investors with their interests and operations in Argentina. The firm counts Fratelli Branca among its new clients.

Strengths Clients are impressed by the team's offering in this area, as one highlights: "I am very satisfied - the availability of the team is very high, and they are professional, business-oriented and understanding of the culture and needs of my company. It is very easy to work with them."

Work highlights Acted for Eni International and Eni Oil Holdings on the trading of their shares of AGIP Lubricantes.

Significant clients Alumini Engenharia, Novartis, Parmalat, Sandoz, Tenaris.

Notable practitioners

Practice head Cristian Mitrani is described by observers as "a world-class lawyer," with others adding that he is "very customer-oriented." He is held in high esteem for his transactional M&A practice and, in addition to this, is extremely adept handling joint ventures, corporate governance matters and international arbitration cases. He has experience advising both domestic and international clients from a diverse range of industries.

Diego Parise is singled out by market commentators as a "thorough and detail-oriented" practitioner. He has in-depth knowledge of the full spectrum of corporate mandates including M&A deals, joint ventures and other corporate finance transactions. He has additionally acted for clients on matters involving equity securities and debt restructurings, amongst others.

Interviewees endorse Julio Ricardo Martínez's place in the rankings and confirm his activity within the Argentine corporate market. He is routinely called upon to provide legal advice to both foreign and local investors in Argentina on M&A transactions and general corporate matters.

About the Team (content provided by Mitrani Caballero & Ruiz Moreno)

The firm offers comprehensive advice on corporate matters including the organisation, capitalization, operation, dissolution and liquidation of business entities and other investment vehicles; shareholders, board and board committee meetings; registration and reporting requirements; shareholder agreements; and directors, officers and statutory auditors’ duties and liabilities; and in M&A transactions such as mergers, stock and asset acquisitions, spin-offs, divestitures, buy-outs, strategic alliances and joint ventures, and other domestic and cross-border transactions.

Lawyers in this practice area also provide expert advice in connection with the restructuring and re-organisation of businesses; the structuring and negotiating of a wide variety of domestic and multi-jurisdictional commercial contracts, and assist clients on corporate governance requirements and best practices. Our M&A practice has significant expertise in transactions, from small private acquisitions to large cross-border public deals involving multiple jurisdictions. We represent buyers, sellers, and advisers in planning, negotiating, and executing mergers and acquisitions in Argentina and overseas.

Our lawyers work closely with management on all aspects of each M&A transaction and provide value-added services that are guided by the client’s commercial objectives and take into account the strategic, financial and commercial aspects of the transaction.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

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

{{article.title}}


Baker McKenzie - Corporate/M&A Department

-

Band 3

第三等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Heads of department: Gustavo Boruchowicz and Roberto Grané
- 10 partners
- 12 other qualified lawyers

What the team is known for Global, full-service firm advising international clients on cross-border transactions, including M&A, corporate reorganisations and spin-offs. Team regularly collaborates with the firm's regional offices to provide adept coverage on multi-jurisdictional mandates. Clients include private equity firms, as well as healthcare, energy and pharmaceutical companies. Firm has boosted its client roster this year with the addition of Rockwood, Grupo Biotoscana and Cooper Gay Swett & Crawford.

Strengths Clients are full of praise for the corporate department, with one interviewee commenting: "I have a very high opinion of the professionalism and quality of the services of the firm because they understand commercial priorities and potential time constraints, in addition to making tailored recommendations and ensuring that their client fully understands the situation."

Work highlights Assisted Delphi International with Grupo Mendez's USD10 million acquisition of one of its subsidiaries.

Significant clients Unilever, CommScope, Vale, United Business Media, Lubrizol.

Notable practitioners

Managing partner Gustavo Boruchowicz is lauded by clients for his ability "to clarify matters and achieve results." They additionally appreciate that "he is very intelligent, sensible and realistic." He is routinely called upon to assist local and foreign investors with a variety of M&A transactions. His practice also covers a range of regulatory and commercial considerations.

Practice co-head Roberto Grané is held in high regard by market commentators who describe him as an "excellent and very professional" practitioner. He draws on extensive experience working for both domestic and international clients in sectors encompassing oil and gas and technology, among others.

Adolfo Durañona is a recognised participant within the corporate market. His practice spans a wide array of commercial mandates, with particular activity providing counsel to clients involved in the oil and gas and mining sectors.

Up-and-coming partner Ezequiel Artola is noted for his experience in both local and cross-border M&A transactions. His areas of expertise include advising on mandates related to the energy, infrastructure and retail industries, among others.

About the Team (content provided by Baker McKenzie)

Department profile not yet provided by Baker McKenzie. 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}}


Brons & Salas - Corporate/M&A Department

-

Band 3

第三等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Heads of department: Guillermo Malm Green and Eduardo Enrique Represas
- 6 partners
- 30 other qualified lawyers

What the team is known for Reputable corporate practice assisting domestic and international clients with M&A transactions and day-to-day corporate governance issues. Team is active across an array of sectors, most notably in the automotive, consumer goods and alcoholic beverages industries. Also offers considerable expertise in corporate litigation.

Strengths Clients highlight the firm's strength in the corporate arena, with one noting: "The service is of a very high quality. The team addresses various issues and takes into account a multitude of possibilities to ensure they understand the economic reality of the situation in order to provide assistance from both a commercial and a legal viewpoint."

Work highlights Advised Grupo Peñaflor during a stock purchase agreement regarding Diageo Argentina.

Significant clients Maped, Stanley Black & Decker, WPP Group, Clorox, Kimberly-Clark.

Notable practitioners

Sources recognise Guillermo Malm Green for being "very committed to a transaction and building a good relationship with the client so you feel that you can really count on him." He has considerable experience advising on the full spectrum of corporate mandates and is often retained by clients from the consumer products and food and beverage industries, among others.

Up-and-coming partner Mariano Del Olmo makes his debut in the rankings following praise from clients, who state: "He is very good and highly dedicated - when closing a deal he works 24/7." He has noteworthy experience representing clients in both local and cross-border M&A transactions.

About the Team (content provided by Brons & Salas)

The Corporate Department is recognized as a leading adviser on M&A, other corporate transactions and general commercial matters, including foreign investments in the country, investments abroad by Argentine investors, corporate reorganizations, due diligence, planning and drafting of business cooperation and joint venture agreements, shareholders agreements, corporate registrations, procurement through bidding processes, resolution of corporate conflicts, transfer of going concerns, and coordination of the operations of Argentine companies in other countries of the region.

All lawyers in the Corporate Department have vast experience advising clients in national and international transactions, and are familiar with the complex matters that may arise from the negotiation and structuring of transnational transactions.





No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

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

{{article.title}}


M & M Bomchil - Corporate/M&A Department

-

Band 3

第三等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Heads of department: Marcelo Eduardo Bombau and Javier Petrantonio
- 5 partners
- 8 other qualified lawyers

What the team is known for Well-regarded firm with an accomplished corporate and M&A practice group. Active advising local and international clients on their corporate requirements, including acquisitions and disposals, with additional experience covering joint ventures, corporate restructurings and commercial contracts. Routinely retained by clients within the retail, food and drinks and banking industries, among others.

Strengths Market commentators are quick to highlight the team's practice in this arena, as they note: "They are very good lawyers." They go on to praise the firm's diverse client base.

Work highlights Assisted with the transfer of Frigor, Nestlé Argentina's ice cream business, to a local subsidiary owned by both Nestlé and PAI Partners.

Significant clients Carrefour, Endesa, Nextel, PepsiCo, Porsche.

Notable practitioners

Eminent practitioner Máximo Luis Bomchil is an esteemed figure within the corporate sphere. He boasts a wealth of experience advising a local and international clientele on both corporate and tax mandates, with a particular focus on corporate restructurings and M&A transactions.

Department co-head Marcelo Bombau principally focuses his practice on the M&A sphere. He regularly handles due diligence procedures, as well as in corporate structurings. Bombau has experience advising a broad range of clients, with notable expertise acting for companies from the entertainment and media industries.

Co-head of the corporate practice Javier Petrantonio is recognised by observers as "a good lawyer who is active in corporate and M&A mandates." He has significant experience participating in transactions for non-Argentine investors and is also well versed in handling local and cross-border disputes.

Market commentators endorse Laura Lavia Haidempergher's inclusion in the rankings. She has in-depth knowledge of M&A transactions, as well as the reorganisation of companies and complex commercial arbitrations.

About the Team (content provided by M & M Bomchil)

We have broad and renowned experience in advising local and foreign investors on issues relating to mergers and acquisitions.

We handle all aspects of the transactions, from determining the most appropriate corporate structure and its tax planning to undertaking ‘due diligence’ procedures and drafting and negotiation of acquisition contracts and shareholder agreements.

Due to our long-standing experience, we are in a position to swiftly identify potential problems and obstacles in every transaction.  We offer creative solutions based on our expertise gained over decades of professional practice.

We offer our clients a collaborative working environment. We communicate in the most suitable and convenient language for the transaction, adding value to the deals and associated documentation.

Our firm’s reputation rests not only on the accuracy of our legal work but also on the speed of completion and our handling of the corporate and antitrust/competition elements ensuring a successful outcome to the matters entrusted to us.  We combine this with a profound understanding of the economic sectors in which we practice and a practical legal insight into the businesses we handle.

Among a range of leading companies, we have represented those in the food, automobile, beverages, clothing, energy, communications media, pharmaceuticals, tourism, oil and advertising sectors, among many others.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

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

{{article.title}}


Nicholson y Cano Abogados - Corporate/M&A Department

-

Band 3

第三等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Heads of department: Naldo Dasso, María Fraguas and Santiago Nicholson
- 11 partners
- 22 other qualified lawyers

What the team is known for Established practice group capable of drawing upon the firm's full-service capabilities. Active advising on corporate finance deals in the domestic market, including share purchases and restructurings. Also handles M&A transactions, corporate governance and other commercial mandates such as contracts and licensing agreements. New client wins include Akuo Energy and Air Nostrum.

Strengths Sources highlight: "They are an excellent firm that knows how to deal with complex issues, understanding our business' needs and providing quick and efficient answers."

Work highlights Assisted SanCor Cooperativas Unidas with Vicentin's purchase of 90% of the stock of Alimentos Refrigerados, valued at USD100 million.

Significant clients HSBC, YPF, Ledesma, Cargill, adidas.

Notable practitioners

Naldo Fabián Dasso receives praise from impressed clients, who state: "He is always available to listen to the company's problems, to understand and analyse them and to find the solution most suited to the company." He is well versed in handling M&A deals and a range of other corporate matters.

María Fraguas is a recognised player within the Argentine corporate market. She assists a wide variety of clients in matters spanning domestic and international M&A deals and corporate restructurings, among others. She is also is noted for her knowledge of the insurance sector.

Nicolás Perkins is singled out by observers as being "excellent in corporate and M&A matters." He has notable experience in project finance and joint ventures, and particular expertise advising clients in the agribusiness sector.

About the Team (content provided by Nicholson y Cano Abogados)

Nicholson y Cano counsels its clients on a wide number of complex and sophisticated local and international corporate matters and deals, providing comprehensive legal counseling in this area with permanent support to their clients from the beginning of the transaction, coordinating a varied number of practice areas of the firm such as antitrust, tax, environmental, labour and litigation, among others. In international transactions, the team works in cooperation with firms of foreign jurisdictions.

Some services provided in Corporate matters include, the following:

  • Registration, dissolution and liquidation of domestic and foreign companies.
  • Planning and incorporation of Corporate Joint Ventures.
  • Negotiation and implementation of Shareholders Agreements.
  • General corporate representation for public and private corporations.
  • Litigation on corporate disputes.
  • Negotiation and drafting ordinary and complex commercial agreements, including distribution, franchise, license and sponsorship and other contracts related to the ordinary course of business.

Some services provided in M&A include, the following:

  • Legal due diligence.
  • Development of structures to comply with local law and to benefit from the most suitable tax treatment.
  • Registration of foreign investors at local agencies.
  • Drafting and negotiation of SPAs and Corporate Agreements, Shareholder Agreements and Joint Ventures.
  • Drafting and implementation of preventive and defensive measures against hostile takeover attempts.



No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

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

{{article.title}}


Salaverri, Burgio & Wetzler Malbran - Corporate/M&A Department

-

Band 3

第三等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Head of department: Diego Salaverri
- 5 partners
- 15 other qualified lawyers

What the team is known for Highly regarded boutique firm focused on advising private equity funds, along with multinational corporations, on majority and minority share acquisitions in Argentina and in other Latin American jurisdictions. Team is highly experienced acting on transactions related to a number of industrial sectors spanning banking, pharmaceuticals and food and drinks. Petrobras Argentina, Grupo Lamosa and Energía Argentina are among the firm's new client wins this year.

Strengths One client is quick to enthuse: "They were instrumental to the success of our transaction. They provide top-notch advice in both corporate and financing matters. They are extremely dedicated and specialised in complex matters."

Work highlights Represented Pampa Energía in a USD900 million acquisition of Petrobras Participaciones, a company that holds 67.19% shares in Petrobras Argentina.

Significant clients Grupo Dolphin, Southern Cross Group, Lime Rock Partners, Coca-Cola, Sophia Capital Partners.

Notable practitioners

Co-head of department Diego Salaverri stands out to clients for his corporate practice. One notes: "He is brilliant. He is a very proactive and creative person and has great negotiation skills. He can really put himself in the position of the client." He routinely advises on M&A deals, as well as IPOs, bond issuances and other securities matters.

"Deal maker" Tomás Arnaude receives high praise from interviewees. They single him out for his "ability to produce high-quality work in a short timeframe and in a very efficient manner. He is a machine." He has a proven track record advising on a range of corporate finance matters, including M&A transactions involving private equity funds.

Up-and-coming partner Martin Fernandez Dussaut makes his debut in the rankings this year after receiving substantial positive feedback from market commentators. One interviewee enthuses: "He embodies a good professional practice and an understanding of different types of negotiation."

Up-and-coming partner Elena Sozzani's main areas of expertise include M&A, debt restructuring and antitrust matters. She is well known within the market and considered by sources to be a "good corporate lawyer."

Since publication, Santiago Dellatorre has left the practice.

About the Team (content provided by Salaverri, Burgio & Wetzler Malbran)

Department profile not yet provided by Salaverri, Burgio & Wetzler Malbran. 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}}


Errecondo, González & Funes Abogados - Corporate/M&A Department

-

Band 4

第四等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- approximately 5 partners
- approximately 10 other qualified lawyers

What the team is known for Dynamic firm routinely called upon to assist corporations, private equity funds and other institutional investors with the purchase of controlling and minority stakes in private and publicly listed companies. Has additional experience advising on divestitures, joint ventures and corporate restructuring.

Strengths The firm is a well-known name within the Argentine corporate market, as one source notes: "They have become a very interesting player in this field and are improving year on year."

Notable practitioners

Javier Errecondo's position in the rankings is endorsed by market commentators, who comment on his important commercial practice. He regularly assists companies spanning a range of sectors including agribusiness, public utilities and pharmaceutical companies. He is also recognised for his significant expertise in the banking and finance and private equity sectors.

About the Team (content provided by Errecondo, González & Funes Abogados)

Department profile not yet provided by Errecondo, González & Funes Abogados. 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}}


Estudio Garrido Abogados - Corporate/M&A Department

-

Band 4

第四等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Head of department: Gustavo Garrido
- 7 partners
- 5 other qualified lawyers

What the team is known for Experienced practice group representing domestic and international companies and investment funds. Handles M&A transactions, as well as purchases and disposals of minority stakes. Team also has knowledge of mandates related to the energy and natural resources arena.

Strengths Interviewees highlight the firm as "a respectable player within the corporate and M&A sphere."

Work highlights Assisted Millennial Lithium with the purchase of mining properties in Salta for a value of USD3.2 million.

Significant clients Celulosa Argentina, Quantum Power, Advent International, Estrella International Energy Services, HM Capital.

Notable practitioners

Gustavo Garrido leads the firm's corporate department and is widely respected by market commentators for his practice in this field. He is recognised for his knowledge of private equity in particular, and of M&A transactions in general. Garrido has additional experience advising clients on venture capital matters.

Lucas Granillo Ocampo centres his practice on M&A transactions involving major private equity funds, such as Advent International. An additional area of focus is handling acquisitions and disposals for energy companies.

About the Team (content provided by Estudio Garrido Abogados)

Department profile not yet provided by Estudio Garrido Abogados. 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}}


Hope, Duggan & Silva - Corporate/M&A Department

-

Band 4

第四等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 4 partners
- 6 other qualified lawyers

What the team is known for Established practice group advising companies and financial institutions acting as buyers and sellers in M&A deals and joint ventures. Also well equipped to oversee general corporate and commercial governance matters as well as due diligence processes for both domestic and international clients from sectors including retail and food and drinks.

Strengths Clients praise the firm's offering in this market, as one describes: "The service that I have received is timely, reliable and of a high quality. The team really brings an added value to the transaction."

Work highlights Represented the shareholders of Alimentos Calchaquí Productos 7 in the acquisition by BRF of 100% of their interest in the company.

Significant clients Almacenes Éxito, ICBC, BBVA, Coty Argentina, International Container Terminal Services.

Notable practitioners

Highly esteemed practitioner Juan Duggan is a well-known player in the market. He is noted for his longstanding experience advising clients on a broad range of corporate and commercial mandates. He has considerable experience handling cross-border deals and led the team on the aforementioned Alimentos Calchaquí Productos 7 work highlight.

Javier Zapiola is described by observers as "a good lawyer who is active in corporate and M&A deals." He has advised both local and international clients on a variety of transactions, with particular knowledge of sectors such as food and drinks.

About the Team (content provided by Hope, Duggan & Silva)

Department profile not yet provided by Hope, Duggan & Silva. 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}}


Estudio O'Farrell - Corporate/M&A Department

-

Band 4

第四等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Heads of department: Ricardo Castañeda and Uriel O'Farrell
- 4 partners
- 10 other qualified lawyers

What the team is known for Developing practice group, particularly active representing high-profile companies from the energy, natural resources and agribusiness sectors. Team has an important corporate finance focus, often advising on joint ventures and M&A transactions. Additionally offers considerable expertise in corporate governance mandates.

Strengths One client remarks upon the firm's high standing within the corporate market, stating: "Estudio O'Farrell have a good reputation in this arena."

Work highlights Provided legal counsel to YPF on its credit and acquisition agreement with Pampa Energía, valued at USD140 million.

Significant clients Monsanto, Ford, Gas Natural Fenosa, Grupo Concesionario del Oeste, Eni.

Notable practitioners

Uriel O'Farrell has expertise in advising on an array of commercial agreements, as well as particular strength in handling M&A transactions. He has in-depth experience representing clients from the energy and natural resources sector, particularly in the power generation and oil and gas industries. He co-led the team in the aforementioned YPF work highlight.

About the Team (content provided by Estudio O'Farrell)

Department profile not yet provided by Estudio O'Farrell. 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}}


Salaberren & López-Sansón - Corporate/M&A Department

-

Band 4

第四等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Head of department: Rafael Salaberren Dupont
- 1 partner
- 3 other qualified lawyers

What the team is known for Noted boutique representing venture capital funds, as well as local and international companies across a number of sectors including agribusiness, technology and food and drinks. Has particular expertise in tax aspects of commercial transactions and also advises on M&A deals, business start-ups and corporate restructurings. Well equipped to handle due diligence processes within cross-border transactions.

Strengths One interviewee highlights: "The service is excellent. I have confidence in the advice we receive from the team as they have a deep understanding of our company and the Argentine corporate market."

Work highlights Assisted Pampa Energía with the due diligence processes relating to the company's acquisition of Petrobras Argentina.

Significant clients Pampa Energía, MercadoLibre, Brightstar, Univeg, Kaszek Ventures.

Notable practitioners

The "very dynamic" founding partner Rafael Salaberren Dupont is singled out by clients as a "professional, highly dedicated, serious and technically capable corporate practitioner." He has considerable experience advising clients on a wide variety of corporate mandates, with particular expertise in M&A transactions. He acted as lead counsel in the aforementioned Pampa Energía work highlight.

Star associate Juan Manuel Campos Alvarez is well known to market commentators, who describe him as a "very good corporate lawyer." He has notable experience in handling various corporate finance deals.

About the Team (content provided by Salaberren & López-Sansón)

Department profile not yet provided by Salaberren & López-Sansón. 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}}


Zang, Bergel y Viñes Abogados - Corporate/M&A Department

-

Band 4

第四等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Heads of department: María Laura Barbosa and Pablo Vergara del Carril
- 5 partners
- 10 other qualified lawyers

What the team is known for Reputable practice group advising clients from a diverse range of sectors on national and cross-border transactions, corporate reorganisations and contractual agreements. In addition, the team assists with general corporate governance issues including the registration of foreign companies in Argentina. El Carmen Citric, Estancia San Francisco and BAF Capital are among the firm's new client wins.

Strengths The team at Zang, Bergel & Viñes Abogados stands out to clients, who remark: "The lawyers provide an excellent service," and go on to highlight their "technical knowledge, availability and quick responses."

Work highlights Represented Austral Gold and Austral Gold Argentina in their USD21 million acquisition of the Casposo project from Troy Resources and its subsidiaries.

Significant clients Argentine Rugby Union, Fenix Entertainment, NH Hotels, DAPSA, DF Entertainment.

Notable practitioners

Pablo Vergara del Carril is praised by clients as "a good negotiator who gives sound legal advice." His practice encompasses corporate governance and M&A transactions. He has considerable experience advising clients involved in the real estate and energy sectors.

About the Team (content provided by Zang, Bergel y Viñes Abogados)

Corporate/M&A: ZBV is highly regarded for its extensive expertise and experience on a wide range of transactions, representing sellers and buyers in many industry sectors. The firm represents local and international clients on day-to-day traditional corporate matters, in the due diligence process, planning, structuring, negotiation of stock purchase and sale agreements, subscription agreements, strategic alliances, business collaboration agreements, , joint ventures, shareholders agreements, operating agreements, management agreements, purchase and sale of on-going concerns, put and call options, business combinations, mergers, acquisitions, private equity and venture capital operations, and public tender process. ZBV also offers legal advice to companies and individuals regarding all legal aspects of foreign investments in Argentina.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

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

{{article.title}}


Beretta Godoy - Corporate/M&A Department

-

Band 5

第五等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Heads of department: Federico Godoy and Juan Sonoda
- 3 partners
- 4 other qualified lawyers

What the team is known for Compact team of lawyers with noteworthy activity advising on deals in the energy and natural resources sector, particularly in oil and gas-related transactions. Also has an established track record advising Chinese state-owned companies on their entry into the Argentine market. Beifang Investigation, Design & Research is among the firm's new client wins.

Significant clients Toyota Boshoku America, MFC Industrial, Inelectra, Kapsch, China Petroleum Pipeline.

Notable practitioners

Managing partner Federico Godoy primarily focuses his practice on international commercial contracts, while possessing particular expertise in the infrastructure and mining sectors. He also offers considerable experience advising on general corporate transactions and related arbitration.

About the Team (content provided by Beretta Godoy)

Department profile not yet provided by Beretta Godoy. 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}}


Bulló Abogados - Corporate/M&A Department

-

Band 5

第五等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Head of department: Gustavo Torassa
- 4 partners
- 3 other qualified lawyers

What the team is known for Respected team advising clients on the buying and selling of controlling and minority equity interests, including distressed assets. Regularly called upon to assist with matters such as joint ventures, shareholder agreements and due diligence processes related to M&A transactions. Widely recognised for its experience representing clients in the insurance sector.

Strengths Clients enthuse: "The firm's professionals are efficient and highly capable. They understand our business and advise us with enthusiasm at every stage of the transaction."

Work highlights Acted on behalf of La Rural in the acquisition of a majority interest in Ubatur, valued at USD1.2 million.

Significant clients Energizer Holdings, Concepto Móvil, OLX Argentina, Zurich, MAPFRE.

Notable practitioners

Up-and-coming partner Pablo Falabella enters the rankings this year following positive feedback from market sources. He is described by one client as "an excellent bridge into a rapidly changing country," with another enthusing: "He is practical and quickly grasps complex subjects, including cross-border matters."

About the Team (content provided by Bulló Abogados)

Bulló Abogados’ corporate practice serves a wide range of corporate and financial institutions and our corporate practice routinely works with the rest of Bulló Abogados’ practice areas to better serve our client’s needs.  Our corporate group regularly represents buyers, sellers, targets, and lenders in M&A transactions, foreign and national investors in connection with their acquisitions or dispositions of assets or equity interests, minority investors, and distressed investors in connection with distressed sales or purchases in Argentina.  We routinely advise our clients on most of their corporate needs, whether structuring a joint venture agreement, a shareholder agreement, a debt restructuring or spin-off, as well as leading audits, due diligence efforts in connection with M&A transactions, and post-merger integrations.

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

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

{{article.title}}


Cabanellas, Etchebarne & Kelly - Corporate/M&A Department

-

Band 5

第五等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Heads of department: Marcelo Etchebarne and Martin Mittelman
- 5 partners
- 10 other qualified lawyers

What the team is known for Boutique firm recognised for the strength of its corporate finance practice and its notable involvement in securities matters. Acts as legal counsel to clients on cross-border M&A transactions involving a number of jurisdictions. Particularly adept assisting foreign private equity funds with the acquisition of companies in Argentina, most notably in the telecommunications and energy sectors.

Strengths The firm is held in high regard by clients, with one interviewee stating: "I work seamlessly with them - their client service is impeccable."

Work highlights Assisted Galileo Global Technologies UK with aspects of Argentine law, including corporate and antitrust considerations, during the client's acquisition of companies in both Argentina and the USA.

Significant clients Pioneer Natural Resources, Optimum Advisors, SPI Group, Araucaria Capital, GP Investments.

Notable practitioners

Martin Mittelman receives considerable praise from clients for his corporate practice. One states: "He goes through everything very thoroughly and you feel like he really has your back in a transaction." He has experience handling cross-border M&A deals, as well as day-to-day corporate mandates.

About the Team (content provided by Cabanellas, Etchebarne & Kelly)

Department profile not yet provided by Cabanellas, Etchebarne & Kelly. 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}}


Curtis, Mallet-Prevost, Colt & Mosle LLP - Corporate/M&A Department

-

Band 5

第五等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Heads of department: Luis María Ayarragaray and Esteban Daireaux
- 6 partners
- 8 other qualified lawyers

What the team is known for Global firm with an Argentine presence well positioned to lend support to multinational clients in complex cross-border M&A transactions, joint ventures and strategic alliances. Has experience acting for clients across a variety of economic sectors, including banking, media and food and drinks.

Strengths Clients appreciate the level of service they receive from the firm. One observer states: "The firm knows the Argentine market well, is highly dedicated and provides fast and concrete answers."

Work highlights Advised Vicentin Group on its USD105 million acquisition of 90% of Sancor's yogurt, dessert and crème caramel business.

Significant clients Thomson Reuters, Glencore, Grupo Petersen, Banco Itaú, Coca-Cola FEMSA.

Notable practitioners

The "highly experienced" Luis María Ayarragaray is singled out by interviewees as an "excellent, practical and adaptable practitioner." He is particularly well versed in advising clients on a range of corporate mandates with particular experience in the agribusiness and real estate spheres.

About the Team (content provided by Curtis, Mallet-Prevost, Colt & Mosle LLP)

Department profile not yet provided by Curtis, Mallet-Prevost, Colt & Mosle LLP. 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}}


Fiorito, Murray & Díaz Cordero - Corporate/M&A Department

-

Band 5

第五等

Chambers Commentary (based on the Chambers research)

What the team is known for Specialised boutique advising companies on disposals and day-to-day corporate governance issues and contractual relationships. Also assists private equity firms with regulatory compliance matters. Additional areas of strength include banking and debt restructuring, as well as litigation and arbitration.

Notable practitioners

Sources identify managing partner Tomás Fiorito as a "good lawyer who is active in corporate and M&A deals." He has long-standing experience in a number of fields spanning M&A negotiations, general corporate advice and private equity mandates.

Pablo Murray is a recognised practitioner within the corporate market in Argentina. He has capabilities handling commercial restructuring and corporate finance deals, including M&A, for both domestic and overseas clients.

About the Team (content provided by Fiorito, Murray & Díaz Cordero)

Department profile not yet provided by Fiorito, Murray & Díaz Cordero. 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}}


Gonzalez & Ferraro Mila - Corporate/M&A Department

-

Band 5

第五等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- approximately 5 partners
- approximately 12 other qualified lawyers

What the team is known for Experienced practice group providing wide-ranging counsel to investment funds and holding companies. Advice covers equity acquisitions and disposals within the Argentine market. Holds expertise in real estate, project and corporate financing, as well as debt restructuring deals.

Notable practitioners

Market observers are quick to praise Pablo Di Iorio, commenting: "He has very good M&A expertise." He is highlighted for his experience in corporate litigations and is also well versed in areas such as corporate reorganisations and cross-border M&A transactions.

About the Team (content provided by Gonzalez & Ferraro Mila)

Department profile not yet provided by Gonzalez & Ferraro Mila. 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}}


Rattagan Macchiavello Arocena - Corporate/M&A Department

-

Band 5

第五等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Heads of department: Juan Arocena, Roberto Bauzá and Michael Rattagan
- 6 partners
- 9 other qualified lawyers

What the team is known for Well-regarded practice group actively advising clients on corporate transactions and governance issues, including due diligence procedures. Also assists with incorporation and registration of companies in the Argentine market. Noted in particular for its strength in environmental law.

Strengths One client recommends the firm, declaring: "I am very satisfied with the service they provide." The source goes on to comment: "It is very much a personalised service."

Work highlights Represented Merck Sharp & Dohme in its purchase of Schering-Plough in Argentina.

Significant clients Votorantim, Acerbrag, Arkema, University of Cambridge, MicroStrategy.

Notable practitioners

Interviewees single out Michael Rattagan as "a very good strategic thinker," and praise his expertise, commenting: "His strengths are in corporate and international transactions." He has particular experience advising clients on corporate mandates related to the mining and oil and gas sectors.

About the Team (content provided by Rattagan Macchiavello Arocena)

Corporate Law

  • Incorporation and registration of civil and commercial entities, setting up of branches and representative offices, incorporation of civil associations and foundations 

  • Corporate governance, performance of directors, managers and officers, shareholders' rights, shareholder agreements and voting trusts 

  • Mergers, spin-offs, dissolutions, liquidation and corporate reorganizations 

  • Book-keeping, drafting minutes and powers of attorney, registration of resolutions and amendments with the Public Registry of Commerce and preparation of annual reporting filings

M&A:

  • Mergers, acquisitions and joint ventures 

  • Full legal due diligence 

  • Subscription, stock purchase and asset purchase agreements 

  • Transfer of businesses 

  • Shareholders' and non-compete agreements 

  • Structuring of complex M&A transactions 

  • Analysis of tax consequences, including tax free reorganizations 

  • Private equity

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

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

{{article.title}}


Richards, Cardinal, Tützer, Zabala & Zaefferer - Corporate/M&A Department

-

Band 5

第五等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Heads of department: Hernán Camarero, Jorge Tützer and Matías Zaefferer
- 4 partners
- 11 other qualified lawyers

What the team is known for Frequently advises investors and companies in the technology, oil and gas and pharmaceutical sectors. Experienced handling the negotiation of commercial agreements and corporate reorganisations, as well as advising on M&A transactions and equity purchases and disposals.

Strengths Clients remark upon the firm's abilities in this area, stating: "They are well known in this market in Argentina and are particularly knowledgeable of regulatory matters."

Work highlights Advised RLS Net Connection and SLS Net Connection during Bureau Veritas' acquisition of Net Connection International and CH International.

Notable practitioners

Department co-head Jorge Tützer is underlined by sources as "a good lawyer who is active in corporate and M&A matters." In addition to his corporate practice, he has knowledge of tax and regulatory matters, as well as insolvency mandates.

Co-head of department Hernán Camarero boasts over 25 years' experience in the corporate and M&A arena. He is well equipped to advise foreign investors on their activities in Argentina and also regularly handles issues relating to foreign exchange regulations.

About the Team (content provided by Richards, Cardinal, Tützer, Zabala & Zaefferer)

No Content Provided

Industries

  • {{member.name}}

No Content Provided

Clients

  • {{member.name}}

No Content Provided

Date

Title

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

{{article.title}}


Severgnini, Robiola, Grinberg & Tombeur - Corporate/M&A Department

-

Band 5

第五等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
Head of department: Carlos Tombeur
- 4 partners
- 10 other qualified lawyers

What the team is known for Established boutique with a long-standing presence and a strong focus on corporate finance and banking sector acquisitions. Experienced handling joint ventures agreements and assisting with the incorporation of foreign energy companies into the Argentine market.

Work highlights Assisted the Chilean company Empresa Nacional de Petróleo and its subsidiary Enap Sipetrol in Chile and Argentina with their acquisition of ArPetrol International Energy.

Notable practitioners

Carlos Tombeur is the key client contact.

About the Team (content provided by Severgnini, Robiola, Grinberg & Tombeur)

Department profile not yet provided by Severgnini, Robiola, Grinberg & Tombeur. 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}}


Tanoira Cassagne - Corporate/M&A Department

-

Band 5

第五等

Chambers Commentary (based on the Chambers research)

What the team is known for Mid-sized law firm noted for its corporate work in the securities market. Advises clients across a range of sectors, including the automotive and tourism industries. Well equipped to help start-up businesses and companies enter the local market.

Notable practitioners

Alejandro Ciero remains a visible figure in the market according to sources. His principal areas of expertise include foreign investments, M&A deals and corporate mandates related to the agribusiness sector in particular.

About the Team (content provided by Tanoira Cassagne)

Department profile not yet provided by Tanoira Cassagne. 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

ARGENTINA: An Introduction to Corporate/M&A Contributed by Estudio Beccar Varela

Make Argentina a friendlier economy for investments - this is one of the pillars of the new government, elected in December 2015. Since then, the administration, led by President Mauricio Macri, has taken several measures to achieve this objective, which benefited M&A transactions in Argentina. Clear examples are the lifting of restrictions in areas such as foreign exchange (free access to the foreign exchange market), and the repatriation of dividends and payments of royalties, among other issues of importance for foreign investors. Additionally, improved access to financing for local companies and an economy with a more stable outlook have provided a boost to M&A transactions. In line with this, the IMF estimated an economic growth of 2.2% in 2017 (Footnote 1).

M&A transactions have grown in value and number since 2016 and local M&A deals are expected to be greater this year, as well as in the years to come (Footnote 2). According to recent studies, M&A transactions increased by 37% in 2016 (Footnote 3). This upward trend is expected to continue due to increased local and foreign investor interest, as well as increased activity by funds from Argentina and the region. Throughout the first half of 2017 there have also been a considerable number of reports that potential investments have been put on hold pending the results of the October 2017 midterm legislative elections (to occur after the date of writing), which may come to fruition in 2018. On a sectoral basis, there is increasing activity in energy (especially renewable energy), finance, technology and agribusiness.

The energy sector has been very active during 2016. Local energy demand has grown significantly due to an increase in economic activity and population growth, tied to a lack of investment in past years. According to KPMG’s paper, "Investing in energy generation sources in the national electrical sector,” investments of over USD40 billion are estimated in the energy field over the next 10 years, with half expected to be allocated to the exploitation of renewable energies (Footnote 4). The market seems receptive towards renewable energies and Argentina is the perfect landscape for the development of this sector because, among other things, the regulatory framework requires large users to gradually increase the renewable quota (20% of renewable energy source by December 31st, 2025).

A series of public bids known as the RenovAr Program for the construction of power plants based on various sources of renewable energy (wind, solar, biomass) took place in 2016. Demonstrating investor appetite, a total of 170 projects were presented in two bid rounds for a total 8,829 MW of capacity. Finally, 44 power purchase agreements (PPAs) were awarded to local and foreign investors. A new tender for a total capacity of 1,000 MW was announced by the government for mid-August 2017. Approval of the regulation of the direct PPAs is also expected, by means of which investors will be able to negotiate and execute PPAs directly with large users and distribution companies. Also, additional measures have been taken, such as subsidies and adjustments in tariffs after several years of a tariff freeze, making the energy sector increasingly attractive.

The discovery of the Vaca Muerta shale oil and gas field in Neuquén, in the south of Argentina, estimated to be one of the largest shale oil reserves of the world, is without a doubt one of the most promising landscapes for investments. The fall in commodity prices and the resulting slowdown in global oil sector activity slowed the anticipated development of Vaca Muerta, but has also made it an attractive investment opportunity.

The financial field has also been notably active (Footnote 5), offering room to grow and showing interest from local players for expansion, as well as from foreign players looking to invest in Argentina for the first time or return to investing here (in certain cases). One of the most important deals of recent years took place during 2016 when Citibank sold its retail business in Argentina. The sale of Deutsche Bank was another relevant transaction in 2016.

Regarding technology, Argentina has made serious progress in exploiting this constantly changing sector and is widely recognised as a source of talented developers of technology, an attractive niche of the Argentine market.

Blending finance and technology, fintechs are also playing a relevant role in Argentine M&As and represent a burgeoning area for investments. Not only have the discussions between banks vs. non-banking companies (dedicated to financial services) been significant, but commercial businesses are exploring the opportunity to develop their own fintechs. The banking regulatory authorities are taking measures allowing fintechs to flourish. In June 2017, the Central Bank of Argentina granted a banking license to the first fully digital bank (Wanap) of Argentina, created in response to the needs of consumers demanding greater development of the banking sector.

In the agribusiness field, apart from the traditional potential for development of the Argentine soil, the progressive reduction of withholdings applicable to strategic sectors benefits this sector, making it more profitable for them to trade in goods and services which in turn makes it an even more attractive area for investments. On the other hand, the existence of restrictions on the acquisition of land by foreigners can be seen as a barrier for investors in this field, although the current government has been making efforts to diminish the impact of these regulations by speeding up the process and clarifying some provisions of the regulations.

Another new key measure to foster infrastructure investments was the recent enactment of Law Number 27,328. This law regulates the public-private investment regime and presents an alternative for alliances to invest in infrastructure that neither the private nor public sector might undertake by themselves.

As a general challenge for Argentine M&As, there is still significant work to be done in order to speed up administrative filings (such us companies’ registries and competition filings, among others), which the current administration considers as a priority. Indeed, some advances have been made, such as filings that allow the incorporation of a company in one day and permitting sole shareholder companies. It is also worth noting that in Argentina the analysis of potential M&A transactions needs to increasingly consider certain topics such as competition, money laundering and compliance regulations. As in many markets worldwide, job preservation and creation is a top government priority, and M&A activity, whether local or foreign, might come under close scrutiny by unions and the media.

As for the up-and-comers, recent Law 27,349 facilitates the creation and fosters the investment in start-ups and entrepreneurial businesses with aggressive fiscal incentives. Additionally, medium-sized enterprises are being fostered with attractive tax regimes (Law Number 25,300 as recently amended). Finally, investments in sustainability, or so-called "triple-impact projects" (including positive social or environmental impact), are no longer only attracting the interest of multinationals and multilaterals; various investment funds are prioritising such investments and a draft bill is under consideration.

For all the reasons stated above, we are confident that both the number and amounts of Argentine M&As will continue to grow.

Footnotes:

1. http://www.telam.com.ar/notas/201704/186025-el-fmi-aseguro-que-la-argentina-deja-atras-la-recesion.html

2. A growth of 61% (interannual in six months) is reported in La Nación, 3 July, Negocios section. (http://www.lanacion.com.ar/1914695-la-vuelta-de-las-fusiones-y-adquisiciones-a-la-argentina)

3. For more information please see Transactional Track Record report https://www.ttrecord.com/es/publicaciones/informe-por-mercado/informe-mensual-argentina/Argentina-Anual-2016/1708/

4. For more information, please see "Investing in energy generation sources in the national electrical sector” KPMG, July 2017 https://assets.kpmg.com/content/dam/kpmg/ar/pdf/investing-in-energy-generation-sources-in-the-national-electrical-sector.pdf

5. For more information, please see: https://www2.deloitte.com/content/dam/Deloitte/ar/Documents/finance/ma-informe-anual-2016.pdf

READ MORE

READ LESS

Senior Statesmen

Damián F Beccar Varela

Beccar Varela

From the Chambers Latin America guide

Highly experienced practitioner Damián Beccar Varela is recognised by interviewees for his long-standing practice advising a range of clients, including financial institutions and international corporations, on an array of corporate mandates.

^ See whole ranking table

Senior Statesmen

Estudio Rovira

From the Chambers Latin America guide

Seasoned practitioner Alfredo Rovira of Estudio Rovira is a widely respected figure in the Argentine corporate law field. Alongside his corporate practice, he is highly distinguished for his activity in antitrust, insolvency and arbitration matters.

^ See whole ranking table

Eminent Practitioner

Máximo Luis Bomchil

M & M Bomchil

From the Chambers Latin America guide

Eminent practitioner Máximo Luis Bomchil is an esteemed figure within the corporate sphere. He boasts a wealth of experience advising a local and international clientele on both corporate and tax mandates, with a particular focus on corporate restructurings and M&A transactions.

^ See whole ranking table

Eminent Practitioner

Marval, O'Farrell & Mairal

From the Chambers Latin America guide

Seasoned practitioner Héctor Mairal is a particularly well known and highly respected name within the market. He is described by interviewees as "the best lawyer in Argentina" and is held in high esteem for his extensive expertise in administrative and corporate law. He has particular experience advising clients on corporate reorganisations, M&A and disposals, as well as financing mandates.

^ See whole ranking table

Band 1

Bruchou, Fernández Madero & Lombardi

From the Chambers Latin America guide

Market commentators endorse senior partner Enrique Bruchou describing him as "a great lawyer" within the Argentine market. He is held in high regard for his ability to handle complex M&A transactions for a number of key clients, such as Central Puerto and Dubai Ports World, and is also well equipped to represent both investment banks and large corporations.

^ See whole ranking table

Band 1

Hope, Duggan & Silva

From the Chambers Latin America guide

Highly esteemed practitioner Juan Duggan is a well-known player in the market. He is noted for his longstanding experience advising clients on a broad range of corporate and commercial mandates. He has considerable experience handling cross-border deals and led the team on the aforementioned Alimentos Calchaquí Productos 7 work highlight.

^ See whole ranking table

Band 1

Mitrani Caballero & Ruiz Moreno

From the Chambers Latin America guide

Practice head Cristian Mitrani is described by observers as "a world-class lawyer," with others adding that he is "very customer-oriented." He is held in high esteem for his transactional M&A practice and, in addition to this, is extremely adept handling joint ventures, corporate governance matters and international arbitration cases. He has experience advising both domestic and international clients from a diverse range of industries.

^ See whole ranking table

Band 1

Pablo Viñals Blake

Marval, O'Farrell & Mairal

From the Chambers Latin America guide

Pablo Viñals Blake is highlighted by sources as being "very active in M&A matters." He is highly skilled in handling both cross-border and domestic transactions for a varied roster of clientele, including foreign investors. He has additional strength assisting with matters related to agribusiness and energy.

^ See whole ranking table

Band 2

Gustavo Boruchowicz

Baker McKenzie

From the Chambers Latin America guide

Managing partner Gustavo Boruchowicz is lauded by clients for his ability "to clarify matters and achieve results." They additionally appreciate that "he is very intelligent, sensible and realistic." He is routinely called upon to assist local and foreign investors with a variety of M&A transactions. His practice also covers a range of regulatory and commercial considerations.

^ See whole ranking table

Band 2

Santiago Carregal

Marval, O'Farrell & Mairal

From the Chambers Latin America guide

Clients praise Santiago Carregal as "a highly experienced M&A lawyer who is able to provide a sense of reassurance in complex matters, as well as creative solutions to unexpected problems." He has long-standing experience in the corporate arena and led the team on the aforementioned Telecom Italia work highlight.

^ See whole ranking table

Band 2

Beccar Varela

From the Chambers Latin America guide

Roberto Crouzel is praised by clients as "a high-quality professional." He is very visible in the corporate sphere, regularly advising on a broad range of areas encompassing general corporate matters and M&A transactions. He is routinely called upon to assist domestic and international clients from industries such as telecommunications and energy.

^ See whole ranking table

Band 2

Santiago Daireaux

Pérez Alati, Grondona, Benites & Arntsen

From the Chambers Latin America guide

Interviewees state that Santiago Daireaux "has focused his career on M&A transactions." He is widely recognised for providing advice to banks, hedge funds and large corporations from a range of sectors. Daireaux is routinely called upon to assist with corporate mandates, as well as M&A and financing transactions.

^ See whole ranking table

Band 2

Errecondo, González & Funes Abogados

From the Chambers Latin America guide

Javier Errecondo's position in the rankings is endorsed by market commentators, who comment on his important commercial practice. He regularly assists companies spanning a range of sectors including agribusiness, public utilities and pharmaceutical companies. He is also recognised for his significant expertise in the banking and finance and private equity sectors.

^ See whole ranking table

Band 2

Gustavo E Garrido

Estudio Garrido Abogados

From the Chambers Latin America guide

Gustavo Garrido leads the firm's corporate department and is widely respected by market commentators for his practice in this field. He is recognised for his knowledge of private equity in particular, and of M&A transactions in general. Garrido has additional experience advising clients on venture capital matters.

^ See whole ranking table

Band 2

Valeriano Guevara Lynch

Allende & Brea

From the Chambers Latin America guide

According to interviewees, Valeriano Guevara Lynch is "an excellent lawyer" within the corporate space. He focuses his practice on day-to-day corporate matters, as well as transactional mandates such as M&A. He possesses a wealth of experience advising clients from a variety of industries, such as infrastructure, manufacturing and financial services.

^ See whole ranking table

Band 2

Allende & Brea

From the Chambers Latin America guide

Pablo Louge is singled out by commentators as "an expert" in this market. He is recognised for his considerable knowledge, covering day-to-day corporate mandates and M&A transactions, most notably related to the projects sector. Other areas of expertise include insurance and agribusiness.

^ See whole ranking table

Band 2

Guillermo Malm Green

Brons & Salas

From the Chambers Latin America guide

Sources recognise Guillermo Malm Green for being "very committed to a transaction and building a good relationship with the client so you feel that you can really count on him." He has considerable experience advising on the full spectrum of corporate mandates and is often retained by clients from the consumer products and food and beverage industries, among others.

^ See whole ranking table

Band 2

Juan Javier Negri

Negri & Pueyrredon Abogados

From the Chambers Latin America guide

Managing partner Juan Javier Negri of Negri & Pueyrredon Abogados is singled out by interviewees as "a long-standing practitioner in the corporate arena, with broad legal knowledge and experience." Negri centres his practice on corporate governance matters and M&A deals, as well as other corporate law considerations.

^ See whole ranking table

Band 2

Alfredo Miguel O'Farrell

Marval, O'Farrell & Mairal

From the Chambers Latin America guide

Managing partner Alfredo Miguel O'Farrell principally focuses his practice on corporate and M&A transactions, with antitrust being an additional area of expertise. He has significant experience advising both foreign and domestic clients on a broad spectrum of corporate matters.

^ See whole ranking table

Band 2

Mitrani Caballero & Ruiz Moreno

From the Chambers Latin America guide

Diego Parise is singled out by market commentators as a "thorough and detail-oriented" practitioner. He has in-depth knowledge of the full spectrum of corporate mandates including M&A deals, joint ventures and other corporate finance transactions. He has additionally acted for clients on matters involving equity securities and debt restructurings, amongst others.

^ See whole ranking table

Band 2

Jorge Luis Pérez Alati

Pérez Alati, Grondona, Benites & Arntsen

From the Chambers Latin America guide

Department head Jorge Luis Pérez Alati is praised by sources as a "great practitioner" in this field. He has noteworthy experience assisting both local and foreign investors with a variety of corporate matters and is also well equipped to handle dispute resolution mandates.

^ See whole ranking table

Band 2

Rafael Salaberren Dupont

Salaberren & López-Sansón

From the Chambers Latin America guide

The "very dynamic" founding partner Rafael Salaberren Dupont is singled out by clients as a "professional, highly dedicated, serious and technically capable corporate practitioner." He has considerable experience advising clients on a wide variety of corporate mandates, with particular expertise in M&A transactions. He acted as lead counsel in the aforementioned Pampa Energía work highlight.

^ See whole ranking table

Band 2

Salaverri, Burgio & Wetzler Malbran

From the Chambers Latin America guide

Co-head of department Diego Salaverri stands out to clients for his corporate practice. One notes: "He is brilliant. He is a very proactive and creative person and has great negotiation skills. He can really put himself in the position of the client." He routinely advises on M&A deals, as well as IPOs, bond issuances and other securities matters.

^ See whole ranking table

Band 3

M & M Bomchil

From the Chambers Latin America guide

Department co-head Marcelo Bombau principally focuses his practice on the M&A sphere. He regularly handles due diligence procedures, as well as in corporate structurings. Bombau has experience advising a broad range of clients, with notable expertise acting for companies from the entertainment and media industries.

^ See whole ranking table

Band 3

Fiorito, Murray & Díaz Cordero

From the Chambers Latin America guide

Sources identify managing partner Tomás Fiorito as a "good lawyer who is active in corporate and M&A deals." He has long-standing experience in a number of fields spanning M&A negotiations, general corporate advice and private equity mandates.

^ See whole ranking table

Band 3

Pablo García Morillo

Marval, O'Farrell & Mairal

From the Chambers Latin America guide

Pablo García Morillo is singled out by clients as "an intelligent, versatile and creative lawyer when finding solutions. He has the advantage of knowing the market very well." He frequently assists with significant M&A transactions and has experience advising on joint ventures between domestic and overseas companies.

^ See whole ranking table

Band 3

Baker McKenzie

From the Chambers Latin America guide

Practice co-head Roberto Grané is held in high regard by market commentators who describe him as an "excellent and very professional" practitioner. He draws on extensive experience working for both domestic and international clients in sectors encompassing oil and gas and technology, among others.

^ See whole ranking table

Band 3

Mariano Florencio Grondona

Pérez Alati, Grondona, Benites & Arntsen

From the Chambers Latin America guide

Mariano Florencio Grondona is noted by interviewees as "a good lawyer who is active in M&A and corporate transactions." He has in-depth knowledge of corporate finance transactions and is often retained by clients from industries such as telecommunications and energy.

^ See whole ranking table

Band 3

Kahale Abogados

From the Chambers Latin America guide

The "very good" Roxana Kahale of Kahale Abogados has a wealth of experience handling complex corporate mandates and M&A transactions. She is noted for her expertise serving as counsel to both domestic and international clients from sectors such as telecommunications and technology.

^ See whole ranking table

Band 3

Diego S Krischcautzky

Marval, O'Farrell & Mairal

From the Chambers Latin America guide

Diego Krischcautzky's activity in the corporate and M&A market is acknowledged by interviewees, who describe his style of work as "very sophisticated." He is noted for his practice in the corporate sphere, often advising a variety of clients from sectors such as agribusiness, food manufacturing and infrastructure.

^ See whole ranking table

Band 3

José Martínez de Hoz Jr

Martinez de Hoz & Rueda

From the Chambers Latin America guide

José Martínez de Hoz Jr of Martinez de Hoz & Rueda has considerable experience assisting clients with contract negotiations and acquisitions and is particularly adept at handling commercial arbitrations. He has in-depth knowledge of corporate matters related to the energy and natural resources sector, with particular strength advising clients from the oil and gas industry.

^ See whole ranking table

Band 3

Uriel F O'Farrell

Estudio O'Farrell

From the Chambers Latin America guide

Uriel O'Farrell has expertise in advising on an array of commercial agreements, as well as particular strength in handling M&A transactions. He has in-depth experience representing clients from the energy and natural resources sector, particularly in the power generation and oil and gas industries. He co-led the team in the aforementioned YPF work highlight.

^ See whole ranking table

Band 3

Javier Petrantonio

M & M Bomchil

From the Chambers Latin America guide

Co-head of the corporate practice Javier Petrantonio is recognised by observers as "a good lawyer who is active in corporate and M&A mandates." He has significant experience participating in transactions for non-Argentine investors and is also well versed in handling local and cross-border disputes.

^ See whole ranking table

Band 3

Javier S Rodríguez Galli

Bruchou, Fernández Madero & Lombardi

From the Chambers Latin America guide

Javier Rodríguez Galli is recognised by peers for his activity within the corporate and M&A arena and has experience handling acquisitions, divestitures and joint ventures, among other matters. He has in-depth knowledge of the oil and gas industry and is routinely called upon to assist a variety of clients from this sector with corporate mandates.

^ See whole ranking table

Band 3

Diego M Serrano Redonnet

Pérez Alati, Grondona, Benites & Arntsen

From the Chambers Latin America guide

Diego Serrano Redonnet is described as an "excellent" practitioner by sources who go on to point out his strength in corporate finance transactions. He has particular know-how in M&A and joint venture agreements, as well as advising clients on foreign investments.

^ See whole ranking table

Band 3

Hope, Duggan & Silva

From the Chambers Latin America guide

Javier Zapiola is described by observers as "a good lawyer who is active in corporate and M&A deals." He has advised both local and international clients on a variety of transactions, with particular knowledge of sectors such as food and drinks.

^ See whole ranking table

Band 4

Juan Martín Allende

Allende & Brea

From the Chambers Latin America guide

One observer is quick to enthuse that Juan Martín Allende "did a great job. He is very good at communicating with counterparties and is amazing at structuring a transaction for the Argentine market." He is particularly well versed in matters related to the mining sector.

^ See whole ranking table

Band 4

A&F | Allende • Ferrante | Abogados

From the Chambers Latin America guide

Founding partner Lisandro Allende of A&F | Allende • Ferrante | Abogados receives high praise from observers, who remark: "He is professional, persevering and gives immediate responses. He is a highly knowledgeable practitioner." Allende specialises predominantly in corporate and commercial law.

^ See whole ranking table

Band 4

Salaverri, Burgio & Wetzler Malbran

From the Chambers Latin America guide

"Deal maker" Tomás Arnaude receives high praise from interviewees. They single him out for his "ability to produce high-quality work in a short timeframe and in a very efficient manner. He is a machine." He has a proven track record advising on a range of corporate finance matters, including M&A transactions involving private equity funds.

^ See whole ranking table

Band 4

Pablo A Artagaveytia

Marval, O'Farrell & Mairal

From the Chambers Latin America guide

Pablo Artagaveytia is described by a client as a "top-notch" practitioner, the source goes on to add: "I have confidence in him and we work well together in every matter." His main areas of focus include commercial and corporate law, often being called upon to advise clients from the energy, food and beverage and pharmaceutical sectors, among others.

^ See whole ranking table

Band 4

Luis María Ayarragaray

Curtis, Mallet-Prevost, Colt & Mosle LLP

From the Chambers Latin America guide

The "highly experienced" Luis María Ayarragaray is singled out by interviewees as an "excellent, practical and adaptable practitioner." He is particularly well versed in advising clients on a range of corporate mandates with particular experience in the agribusiness and real estate spheres.

^ See whole ranking table

Band 4

Pablo Andrés Buey Fernández

Estudio Alegria, Buey Fernández, Fissore y Montemerlo

From the Chambers Latin America guide

Pablo Andrés Buey Fernández of Estudio Alegria, Buey Fernández, Fissore y Montemerlo is referred to by market commentators as a "very experienced and knowledgeable corporate practitioner." Buey Fernández is particularly recognised for his significant expertise in bankruptcy law.

^ See whole ranking table

Band 4

Richards, Cardinal, Tützer, Zabala & Zaefferer

From the Chambers Latin America guide

Co-head of department Hernán Camarero boasts over 25 years' experience in the corporate and M&A arena. He is well equipped to advise foreign investors on their activities in Argentina and also regularly handles issues relating to foreign exchange regulations.

^ See whole ranking table

Band 4

McEwan, Roberts, Dominguez, Carassai

From the Chambers Latin America guide

Market sources endorse Hernán Carassai of McEwan, Roberts, Dominguez, Carassai for his standing in the market. He principally assists clients with general corporate law matters, M&A deals and capital markets transactions.

^ See whole ranking table

Band 4

Tanoira Cassagne

From the Chambers Latin America guide

Alejandro Ciero remains a visible figure in the market according to sources. His principal areas of expertise include foreign investments, M&A deals and corporate mandates related to the agribusiness sector in particular.

^ See whole ranking table

Band 4

Naldo Fabián Dasso

Nicholson y Cano Abogados

From the Chambers Latin America guide

Naldo Fabián Dasso receives praise from impressed clients, who state: "He is always available to listen to the company's problems, to understand and analyse them and to find the solution most suited to the company." He is well versed in handling M&A deals and a range of other corporate matters.

^ See whole ranking table

Band 4

Gonzalez & Ferraro Mila

From the Chambers Latin America guide

Market observers are quick to praise Pablo Di Iorio, commenting: "He has very good M&A expertise." He is highlighted for his experience in corporate litigations and is also well versed in areas such as corporate reorganisations and cross-border M&A transactions.

^ See whole ranking table

Band 4

Baker McKenzie

From the Chambers Latin America guide

Adolfo Durañona is a recognised participant within the corporate market. His practice spans a wide array of commercial mandates, with particular activity providing counsel to clients involved in the oil and gas and mining sectors.

^ See whole ranking table

Band 4

Roberto Fortunati

Beccar Varela

From the Chambers Latin America guide

Roberto Fortunati is endorsed by observers as "a very experienced practitioner." They go on to add: "He has good interpersonal skills and is able to bring different elements of a deal together." He is particularly adept at assisting clients with energy-related transactions.

^ See whole ranking table

Band 4

Nicholson y Cano Abogados

From the Chambers Latin America guide

María Fraguas is a recognised player within the Argentine corporate market. She assists a wide variety of clients in matters spanning domestic and international M&A deals and corporate restructurings, among others. She is also is noted for her knowledge of the insurance sector.

^ See whole ranking table

Band 4

Beretta Godoy

From the Chambers Latin America guide

Managing partner Federico Godoy primarily focuses his practice on international commercial contracts, while possessing particular expertise in the infrastructure and mining sectors. He also offers considerable experience advising on general corporate transactions and related arbitration.

^ See whole ranking table

Band 4

Lucas Granillo Ocampo

Estudio Garrido Abogados

From the Chambers Latin America guide

Lucas Granillo Ocampo centres his practice on M&A transactions involving major private equity funds, such as Advent International. An additional area of focus is handling acquisitions and disposals for energy companies.

^ See whole ranking table

Band 4

Laura Lavia Haidempergher

M & M Bomchil

From the Chambers Latin America guide

Market commentators endorse Laura Lavia Haidempergher's inclusion in the rankings. She has in-depth knowledge of M&A transactions, as well as the reorganisation of companies and complex commercial arbitrations.

^ See whole ranking table

Band 4

Carlos E Lombardi

Bruchou, Fernández Madero & Lombardi

From the Chambers Latin America guide

Managing partner Carlos Lombardi is regularly retained to advise banking entities on a range of corporate and M&A transactions. He has additional knowledge of a broad spectrum of financing and capital markets mandates.

^ See whole ranking table

Band 4

Mariano Luis Luchetti

Bruchou, Fernández Madero & Lombardi

From the Chambers Latin America guide

Mariano Luis Luchetti is recognised for his expertise in M&A, venture capital investments and joint ventures. He has considerable experience advising a range of domestic and international clients from the energy sector in particular.

^ See whole ranking table

Band 4

Julio Ricardo Martínez

Mitrani Caballero & Ruiz Moreno

From the Chambers Latin America guide

Interviewees endorse Julio Ricardo Martínez's place in the rankings and confirm his activity within the Argentine corporate market. He is routinely called upon to provide legal advice to both foreign and local investors in Argentina on M&A transactions and general corporate matters.

^ See whole ranking table

Band 4

Cabanellas, Etchebarne & Kelly

From the Chambers Latin America guide

Martin Mittelman receives considerable praise from clients for his corporate practice. One states: "He goes through everything very thoroughly and you feel like he really has your back in a transaction." He has experience handling cross-border M&A deals, as well as day-to-day corporate mandates.

^ See whole ranking table

Band 4

Fiorito, Murray & Díaz Cordero

From the Chambers Latin America guide

Pablo Murray is a recognised practitioner within the corporate market in Argentina. He has capabilities handling commercial restructuring and corporate finance deals, including M&A, for both domestic and overseas clients.

^ See whole ranking table

Band 4

Estanislao Hernán Olmos

Bruchou, Fernández Madero & Lombardi

From the Chambers Latin America guide

Making his debut in the rankings, Estanislao Hernán Olmos is highlighted by market sources as "a great lawyer with a very good reputation." They continue: "He is a highly professional and hard-working practitioner." He centres his practice on antitrust, corporate and M&A mandates.

^ See whole ranking table

Band 4

Nicholson y Cano Abogados

From the Chambers Latin America guide

Nicolás Perkins is singled out by observers as being "excellent in corporate and M&A matters." He has notable experience in project finance and joint ventures, and particular expertise advising clients in the agribusiness sector.

^ See whole ranking table

Band 4

Michael R Rattagan

Rattagan Macchiavello Arocena

From the Chambers Latin America guide

Interviewees single out Michael Rattagan as "a very good strategic thinker," and praise his expertise, commenting: "His strengths are in corporate and international transactions." He has particular experience advising clients on corporate mandates related to the mining and oil and gas sectors.

^ See whole ranking table

Band 4

Hernán Slemenson

Marval, O'Farrell & Mairal

From the Chambers Latin America guide

Hernán Slemenson is said by market commentators to be "a very active practitioner in this field." He is well equipped to advise private equity funds and investors in a variety of transactions and is highly capable handling cross-border transactions. He has in-depth knowledge of the technology sector in particular.

^ See whole ranking table

Band 4

Allende & Brea

From the Chambers Latin America guide

Santiago Sturla is a well-known player within the corporate market. He concentrates his practice on M&A, project financing and foreign investment. He has represented clients from a range of sectors including banking, pharmaceuticals and insurance.

^ See whole ranking table

Band 4

Bruchou, Fernández Madero & Lombardi

From the Chambers Latin America guide

Aixa Sureda is described by clients as "an excellent lawyer." They go on to point out: "She is very smart and hard-working and has a complete knowledge of the legal framework." Sureda has notable experience advising on M&A transactions, as well as antitrust mandates.

^ See whole ranking table

Band 4

Richards, Cardinal, Tützer, Zabala & Zaefferer

From the Chambers Latin America guide

Department co-head Jorge Tützer is underlined by sources as "a good lawyer who is active in corporate and M&A matters." In addition to his corporate practice, he has knowledge of tax and regulatory matters, as well as insolvency mandates.

^ See whole ranking table

Band 4

Pablo Vergara del Carril

Zang, Bergel y Viñes Abogados

From the Chambers Latin America guide

Pablo Vergara del Carril is praised by clients as "a good negotiator who gives sound legal advice." His practice encompasses corporate governance and M&A transactions. He has considerable experience advising clients involved in the real estate and energy sectors.

^ See whole ranking table

Up and Coming

Baker McKenzie

From the Chambers Latin America guide

Up-and-coming partner Ezequiel Artola is noted for his experience in both local and cross-border M&A transactions. His areas of expertise include advising on mandates related to the energy, infrastructure and retail industries, among others.

^ See whole ranking table

Up and Coming

Brons & Salas

From the Chambers Latin America guide

Up-and-coming partner Mariano Del Olmo makes his debut in the rankings following praise from clients, who state: "He is very good and highly dedicated - when closing a deal he works 24/7." He has noteworthy experience representing clients in both local and cross-border M&A transactions.

^ See whole ranking table

Up and Coming

Bulló Abogados

From the Chambers Latin America guide

Up-and-coming partner Pablo Falabella enters the rankings this year following positive feedback from market sources. He is described by one client as "an excellent bridge into a rapidly changing country," with another enthusing: "He is practical and quickly grasps complex subjects, including cross-border matters."

^ See whole ranking table

Up and Coming

Martin Fernandez Dussaut

Salaverri, Burgio & Wetzler Malbran

From the Chambers Latin America guide

Up-and-coming partner Martin Fernandez Dussaut makes his debut in the rankings this year after receiving substantial positive feedback from market commentators. One interviewee enthuses: "He embodies a good professional practice and an understanding of different types of negotiation."  

^ See whole ranking table

Up and Coming

Barbara Veronica Ramperti

Marval, O'Farrell & Mairal

From the Chambers Latin America guide

Up-and-coming partner Barbara Veronica Ramperti enters the rankings this year following considerable market recognition. She centres her practice on M&A transactions, joint ventures and corporate reorganisations.

^ See whole ranking table

Up and Coming

Salaverri, Burgio & Wetzler Malbran

From the Chambers Latin America guide

Up-and-coming partner Elena Sozzani's main areas of expertise include M&A, debt restructuring and antitrust matters. She is well known within the market and considered by sources to be a "good corporate lawyer."

^ See whole ranking table

Star Associate

Juan Manuel Campos Alvarez

Salaberren & López-Sansón

From the Chambers Latin America guide

Star associate Juan Manuel Campos Alvarez is well known to market commentators, who describe him as a "very good corporate lawyer." He has notable experience in handling various corporate finance deals.

^ See whole ranking table

Associates to watch

Allende & Brea

From the Chambers Latin America guide

Associate-to-watch Laura Kurlat is noted for her experience assisting both local and international clients with M&A transactions and general corporate considerations. She has additional knowledge of insurance and reinsurance mandates.

^ See whole ranking table

Associates to watch

Beccar Varela

From the Chambers Latin America guide

Associate-to-watch Eugenia Radaelli is identified by clients as "a very promising lawyer." She is noted for her abilities in M&A transactions, as well as her experience providing day-to-day advice to companies and banks.

^ See whole ranking table