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. Almost two decades after that merger, Jiménez de Aréchaga prides itself on being one of Uruguay’s leading law firms.
Main areas of practice
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. Worth noting is the Pluna restructuring that won the Restructuring Deal of the Year awarded by Latin Lawyer in 2017. Since 2015, our senior partner Fernando Jiménez de Aréchaga is Uruguay’s member representative at the International Court of Arbitration (ICC). Both Fernando Jiménez de Aréchaga and partner Nicolás Brause are also member of the roster of arbitrators of the Uruguayan Chamber of Commerce and are engaged in arbitration practice on a regular basis.
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.
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 Sachs, Klaff Realty and local investors, undoubtedly the most relevant acquisition that took place in Uruguay during 2016. Between 2016 and 2018, the firm has also participated in the acquisition of the Vientos de Pastorale wind farm by Bow Power, the Carapé wind farms by SAETA and, more recently, the Melowind wind farm by Atlantica Yield.
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 15 wind farms, and in the financing and refinancing of two solar photovoltaic plants. It is also in the driving seat in the surge of public-private partnerships, having participated in the first two PPP projects in Uruguay’s history, which included the first-ever issuance of project bonds in Uruguay, and the first financing granted by an infrastructure fund sponsored by CAF. The firm is currently participating in three more highway PPP projects and the landmark railway PPP Ferrocarril Central Project. Finally, the firm has always offered a valuable component of expertise as far as agribusiness and natural resources (forestry, mining, farming) matters are concerned.
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.