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Global Guide
Firm Profile

Guyer & Regules

Firm Profile


  • Profile
  • Plaza Independencia 811
  • Montevideo
  • Montevideo
  • Uruguay
  • 11100

Firm profile submitted by Guyer & Regules

Senior Partner: Nicolás Herrera
Number of partners worldwide: 23
Number of lawyers worldwide: 107
Languages: English, French, German, Italian, Portuguese, Spanish

Guyer & Regules is the first and only Uruguayan firm to have been recognized as “Latin America Law firm of the Year”, “Uruguayan Law Firm of the Year” for seven years and to have received the “Client Service Award” twice by Chambers and Partners. The firm has also been recognised as “Uruguay Tax Firm of the Year” by International Tax ReviewEuromoney for three consecutive years, as “Uruguay Firm of the Year” by International Financial Law ReviewEuromoney on four occasions and as “Firm of the Year – Uruguay” by Who's Who Legal for six consecutive years.

Guyer & Regules is proud to be considered Uruguay’s blue chip firm and first choice for international and domestic legal, accounting and tax work. Such a reputation is grounded on the firm’s solid team of internationally trained professionals and the largest group of the most experienced partners in the country, who have become the clients’ trusted advisers through daily service excellence. Guyer & Regules “acts as a true strategic partner and adapts its individual and collective know-how to every situation”.

International Experience:
Internationally renowned Lex Mundi, World Services Group, World Law Group, Interlex, Multilaw and Club de Abogados, selected the firm as their sole Uruguayan member, thus ensuring immediate access to the best lawyers worldwide and enabling the firm to reach and provide global services.

Banking & Finance:
Guyer & Regules’ leadership is undisputed advising 66% of the private banks active in Uruguay and two out of three large private pension fund managers. It has also been the only Uruguayan firm in the past 30 years in Uruguayan sovereign debt deals. Recent deals include: acting as deal counsel for a trust issuance worth USD 100 million on behalf of toll road operator Corporación Vial del Uruguay in what is thought to be the country’s largest corporate offering ever on the local market, and assisting the joint book-runners for the first global bond in nominal pesos issued by the Republic of Uruguay in the international market for USD 1.25 billion.

Corporate, M&A:
As Chambers and Partners states, Guyer & Regules “continues to set the pace in the corporate sphere” having participated in 63% of major M&A deals made public in Uruguay over the past years and working for 6 out of 10 of the country’s top exporting companies. As a few highlights, the firm helped Brazilian giant Minerva in its expansion with new meat processing plants in Uruguay and assisted Chile’s Enjoy in the purchase of 55% shares held by US based Caesars in the Uruguayan casino Conrad Punta del Este.

Tax & Accounting:
The team is recognised for its “heavyweight practice at the forefront of the market with a respected bench of practitioners” by Chambers and Partners. It is by far the most senior team on the market, formed by lawyers and CPAs which allows for greater depth and breadth on tax matters. Recent work highlights include advising the banks in the tax planning for the first global bond in nominal pesos issued by the Republic of Uruguay in the international market, and advising Goldman Sachs in its first investment in Uruguay with the USD140 million acquisition of approx. 60% stake in Tienda Inglesa, a major Uruguayan supermarket chain.

Real Estate:
By far the largest and most experienced team in the country, delivering “innovative solutions, commercial thinking and a personalised service on every single detail” as Chambers Latin America reviews. Has a very strong presence in tourism and residential developments (especially in Punta del Este and its surroundings), industrial sites, agribusiness and forestry investments. Recent deals include: advising Montes del Plata to complete a 140,000-hectare land acquisition; acquisition of real estate for the installation of new Homecenter Sodimac chains in Uruguay and assisting TGLT in the development and sale of a high value project of apartments in an exclusive waterfront of 11,000 square meters.

Guyer & Regules has a dedicated, strong and successful litigation team with a “solid reputation” as Chambers Latin America states. It specialises in complex civil and commercial litigation and arbitration, domestic and international, generally involving high-profile cases. Recent matters include helping Brazilian food company Marfrig settle a USD 36 million claim arising out of the purchase of a leather holding, and assisting Jaguar Land Rover in ending a dispute with previous Uruguayan distributor worth USD 3 million, all negotiated to outstanding results for the clients. The team also recently participated in the ICSID Arbitration Philip Morris filed against the Uruguayan State.

The team excels for its services both in advisory and litigious labour matters. “The lawyers have deep technical knowledge, are committed to the client and stay up to date regarding changes in the law” as Chambers Latin America reviews. They represented all of the Uruguayan financial entities in the salary collective bargaining agreement negotiations with the banking union and the government, as well as the Chamber of Insurance Companies. Other recent work highlights include advising Sherwin Williams in all labour aspects regarding the closing of an industrial plant, and assisting Petrobras and Eurofarma in labour disputes.

Guyer & Regules is “highly sought after to advise on the full range of energy and natural resources matters”, as Chambers and Partners states, with an impressive market share of renewable and oil and gas transactions. Clients highlight the breadth of the team’s expertise, whose recent achievements include advising Total on a 35% farm-out agreement with ExxonMobil and a 15% farm-out agreement with Statoil, assisting with a product sharing agreement with state-owned energy company ANCAP, and representing Fotowatio Renewables Ventures in a series of sale processes of its solar farm in Uruguay, which ended with the sale of the project company Jacinta Solar Farm SRL to Invenergy Group. With the largest energy and natural resources team in Uruguay, the firm also leads on areas of particular expertise such as solar and biomass.

Guyer & Regules’ clientele includes many market leaders in every sector of the economy. Some representative clients are: ADT, Avon, Bank of America, Banco Itaú, BBVA, Banque Heritage, Baxter International, Boskalis International, BG, Cargill, Chevron Texaco, Citibank, DEG, Deutsche Bank, EDC, Emirates, FMO, General Motors, Gol, Hilton, HSBC, IDB, Jazz Air, Johnson & Johnson, JP Morgan Chase, L’Oreal, Louis Dreyfus, Louis Vuitton, Metropolitan Life, Minerva, Morgan Stanley, Nissan, Petrobras, Philip Morris, Renault, Roche, Royal & Sun Alliance, Sabre, Scotiabank, Stora Enso, Techint, Telefónica, Telesat Canada, Total, Tullow, Unilever, Volvo.