Rodrigo, Elías & Medrano Abogados is a full-service firm with 30 practice groups, covering all areas of corporate law. All of our teams are at the forefront of the market and regularly participate in the most complex and sophisticated transactions in the country. We have extensive experience handling cross-border matters, including award-winning deals and international litigation and arbitration claims.
We have received the “Law Firm of Year: Peru” award from Chambers and Partners six times in the past nine years, and the past 12 years from Who’s Who Legal.
Highlights of late include advising:
B&F: VM Holding on its US$700 million bond issuance under Rule 144A and Reg S; Credicorp on the US$600 million securitisation of CRPAOs for Aeropuertos del Peru; Natixis on a US$150 million financing to Minera Chinalco; I Squared Capital on a US$450 million financing; Nexa Resources on its US$496 million IPO in the New York and the Toronto Stock Exchanges; BBVA, Credicorp, JP Morgan and Citibank on the US$200 million financing of Tecpetrol.
Bankruptcy: Trafigura on the ongoing US$660 billion bankruptcy of Doe Run Peru; HSBC in the cross-border insolvency of China Fishery Group worth US$1.5 billion.
Energy: Luz del Sur on the bidding process to develop a 426MW hydroelectric plant with estimated investment of US$610 million; successful representation of the Red Electrica Group on the bidding processes and project development of five transmission lines; renewable power generation companies on the implementation of their projects; Tahoe Resources, Cerro Verde, Marcobre and Southern Peru Copper on their energy demands and on the development of their energy plants.
Litigation: Successful representation of mining company on a US$200 million claim involving the annulment of a tax authority previous ruling; public transportation private company on an arbitration against Lima City Council involving the termination of concession agreements; mining company on an arbitration claim against its subcontractor involving damages arisen from contractual obligations underperformance.
M&A: I Squared Capital on its acquisition of Duke Energy International’s regional business for US$1.2 billion; acquisition by CBC of a 100 per cent interest in a subsidiary of Ambev Peru; I Squared Capital on the acquisition of IC Power’s entire Latin American energy portfolio for US$1.2 billion; United health on the takeover of Banmedica via public offering in Chile for US$2.8 billion.
Mining: MMG on its US$5.85 billion investment in Las Bambas mine; Chinalco on the development of its US$4.8 billion Toromocho mine; Antamina on its US$1.5 billion expansion; HudBay on its US$1.79 billion Constancia copper project; Freeport McMoRan on the US$4.7 billion additional expansion of its Cerro Verde mine; Tahoe Resources on the operation of its Rio Alto and Shahuindo mines; successful representation of Chinalco, Pan American Silver, Bechtel and MINSUR on the defence against alleged breaches of mining, security and environmental regulations.
O&G: Exxon Mobil on the sale of its lubricants and fuels business to Empresas Copec for US$747 million; Gases del Norte on the ongoing bidding process for the award of the US$230 million concession for the distribution of natural gas; Gases del Pacífico on the US$250 million transport and commercial distribution of LNG; Exxon Mobil on the regulatory treatment to two pipelines connecting the port of Callao to its lubricants’ plant; Shell on matters relating to LNG exports.
Project finance: Mizuho Bank, Mizuho Securities and Sumitomo Mitsui Banking Corporation on the US$396 million financing of the expansion of Metro Line 1; Termochilca on its US$136 million expansion of its gas-fired power plant; PeruRail on its US$131 million expansion of its railways; Natixis on the US$173 million financing of the Carhuaquero-Cajamarca-Norte-Caclic-Moyobamba transmission-line.
Tax: Hudbay on a US$3.5 million tax audit and subsequent challenge of VAT credit; representation on tax matters and proceedings of Antamina, Hudbay, Las Bambas, Panasonic, Microsoft, among others.