Jiménez de Aréchaga, Viana + Brause enjoys a well-established reputation for trustworthiness and a prestigious client, built upon the shoulders of internationally renowned founder, Professor Eduardo Jiménez de Aréchaga, and more than 70 years of high-quality, personalised and devoted service. A full-service provider, Jiménez de Aréchaga is the result of the 2001 merger between Jiménez de Aréchaga & Brause and Estudio Hector A. Viana, a merger that combined the banking, financial and corporate fields of the former with the strong litigation practice of the latter. More than a decade after that merger, Jiménez de Aréchaga prides itself on being one of Uruguay’s leading law firms.
Main areas of practice
Banking and finance: Jiménez de Aréchaga enjoys a dominant presence in the Uruguayan financial community, advising the most relevant players in the market. It has a strong capital markets practice, having participated in many of the most prominent recent deals, including issuances of debt securities, future-flows securitisations, project bonds and financial trust vehicles of consumer loans. In 2010 the firm partnered with key players in the financial sector to create Efidus, the first structured finance company in Uruguay to provide integral services of structuring, placement, administration and legal implementation of financial trusts and other financed structured products.
Corporate/M&A: The firm’s international corporate and M&A practice has placed its lawyers at the centre of the most complex and challenging transactions in Uruguay. The transactional work includes mergers, spin-offs, stock purchases, and transfers of assets, and is usually interrelated with the labour and tax practices. This full-service approach allows us to participate as main actors in major deals that require multidisciplinary attention. In this capacity the firm has played a leading role in the landmark acquisition of supermarket chain Tienda Inglesa by a group of purchasers formed by Goldman Sacchs, Klaff Realty and local investors, undoubtedly the most relevant acquisition which took place in Uruguay during 2016.
Project finance, energy, oil and gas, natural resources, agribusiness: The firm is second-to-none in a new wave of project finance transactions that have taken centre stage in the Uruguayan market, especially in the energy sector. The firm has already participated in the project financing of nine wind farms, two solar photovoltaic plants, as well as in the acquisitions of several operating wind farms. It is also in the driving seat in the surge of public-private partnerships, having participated in the first-ever PPP project which carried out the first-ever issuance of project bonds in Uruguay, and currently participating in the issuance of another project bond for the second PPP project launched by the country. Finally, the firm has always offered a valuable component of expertise as far as agribusiness and natural resources (forestry, mining, farming) matters are concerned.
Arbitration and litigation: Since our practice covers matters of almost all sectors of the economy, our litigation work is diverse. It includes all phases of preparation, trial and appellate litigation of actions in all courts. In addition, we are regularly involved in local and international arbitration cases. As a member of the roster of arbitrators of the Uruguayan Chamber of Commerce, senior partner Fernando Jiménez de Aréchaga is called upon to render services as arbitrator; Héctor B Viana and Nicolás Brause are also members of the roster of arbitrators of the Uruguayan Chamber of Commerce and are engaged in arbitration practice on a regular basis. Furthermore, our senior partner Fernando Jiménez de Aréchaga was appointed in July 2015 by the World Council of the International Chamber of Commerce as member representative of Uruguay to serve at the International Court of Arbitration (ICC), Paris until 30 June 2018.
Labour and employment: The firm’s well-regarded labour department represents employers in matters involving all aspects of work relations; contracts, collective bargaining, employment litigation, outsourcing, employment compensation and social security.
Tax and accounting: Our tax and accounting practice gives support to our business practice, inasmuch as tax issues associated with business organisation planning, foreign investments, free zones and offshore activities arise.