Established in 2004, after more than 13 successful years of sustained growth, we are currently one of the leading firms in the Peruvian market. The professional training of our members give the discipline, knowledge and experience required to advise our clients in extremely complex transactions, with a very high level of effectiveness, as well as an intense commitment to their objectives.
Main practice areas
M&A: We represented Glencore in the acquisition of the majority of the shares with voting rights of the Peruvian company Volcan Compañía Minera SAA; Sura Asset Management and Grupo Wiese in sale of Seguros Sura and Hipotecaria Sura to Intercorp; Glencore in the acquisition on the Contonga Mine formerly owned by Nyrstar; WWG del Perú in its joint acquisition with Quiron- salud of 50 per cent stake in the Peruvian private clinic Clínica Ricardo Palma; Rigel Peru and its shareholders in the transfer of 50 per cent of stake in Rigel Peru, an insurance company listed in the Lima Stock Exchange; Blufstein Clinical Laboratory shareholders in the sale of 90 per cent of nine companies of the Blufstein group to the Swiss multinational Unilabs; Inversiones La Rioja, owners of the Marriott hotel chain in the sale of 99.97 per cent of its shares to Intursa, part of the Brescia Group through the Stock Exchange of Lima.
Arbitration and litigation: We provide legal advice in litigation of complex and sensitive controversies, both in the judiciary and in arbitration. What distinguish our team in the market is our highly specialised approach and our strategic and comprehensive view of the controversies, supported by lawyers who are experts in corporate issues, M&A, capital markets, and infrastructure matters. We also provide legal advice in dispute prevention and settlements. Our main clients are: Glencore group; Enfoca; and Graña y Montero.
Banking and finance: We represented JPMorgan in a US$300 million international syndicated refinancing; JPMorgan in a US$200 million international syndicated loan to Promigas; Termochilca in a US$154 million refinancing granted by Scotiabank and BCP; Hudbay in the amendment of two loans granted by Bank of Nova Scotia for an aggregate of US$550 million; Ezentis in a US$140 million loan granted by Wilmington Trust; Hudbay in a US$90 million loan granted by Caterpillar Leasing Chile; La Virgen in a US$80 million financing granted by CAF and DEG; and regularly advised JPMorgan Perú, the only Peruvian investment bank.
Capital markets: We represented Coller International Partners in launching a $7.5 billion private equity fund; Glencore in the tender offer to acquire 48 per cent of Volcan ($956 million); W Capital in the arrangement of a $180 million real estate fund; Inmuebles Panamericana in a US$100 million bond programme and a US$91 million asset-backed bonds securitisation; Altamar Capital Partners in raising US$80 million from private pension funds; Termochilca in a US$35 million subordinated bonds issuance; and Blanco SAFI obtaining its fund manager licence.
Corporate reorganisation and bankruptcy: In 2017, we represented Glencore International AG in the liquidation proceeding of Doe Run Perú and its subsidiary; Abengoa Perú SA and Termochilca SA in the negotiation for private restructuring with their main financial creditors; GyM SA (Graña y Montero Group) in the negotiation with its subcontractors for the payment of financial obligations (US$53 billion); and C.A.M.E Contratistas y Servicios Generales SA we represented two companies in the submission of a co-financed private initiative for the construction and operation of wastewater treatment plants located in Cusco, Chiclayo and Cajamarca; we acted as counsel to Petroperú, along with Deloitte, in the provision of Project Management Office services for the Talara Oil Refinery Modernisation (a US$5 billion project); and we advised the Lima Metro Line One in several matters related to their concession agreement.
Labour: Our area provides preventive advisory and offer solid legal solutions in hiring of personnel, development of compensation policies, workforce reduction (individual or collective), trade union negotiations, safety and health at work and migratory matters. Our team also assists and represents clients in labour-related disputes and participates actively in M&A transactions.
Private clients: We provide personalised assistance to high net worth individuals and families, designing and setting up their investment structures, in order to protect the family wealth, while being compliant and tax efficient.
Project finance: In 2017, we represented FMO in a US$34 million loan granted to APM Terminals for the financing of the North Terminal of the Callao Port; we acted as counsel of La Virgen (a company owned by Alupar) in the financing of an 84MW hydropower plant (US$80 billion); and we advised JPMorgan Chase Bank (as leader of a 15 international bank syndicate) in a US$200 million unsecured financing to Promigas to finance the construction and operation of gas pipelines in Colombia and Peru.
Taxation: We provide efficient tax planning, oriented at maximising the benefits of clients while avoiding tax contingencies, and also participate in M&A, capital markets and project finance transactions.
Venture capital: Our team provides legal advice to entrepreneurs in starting their businesses and taking the next step raising money in their seed, early-stage and later-stage financing rounds. We have a dedicated team that assist companies from startup to commercialisation to liquidity events and exit transactions, providing also intellectual property planning and employee benefits counselling. We also provide legal advice to angel investors by structuring, drafting and/or reviewing and negotiating detailed legal documentation to execute their investments both in the domestic and foreign markets, including USA, Israel and UK, and legal advice to accelerators and angel investors’ networks in angel fund formation and also providing legal assistance on the complex and diverse needs of its portfolio companies.
White-collar crime: We participate in investigations and proceedings involving white-collar crimes, and also are specialised in prevention and detection of criminal contingencies of corporate clients.