Guyer & Regules is proud to have been consistently recognised as Uruguayan Law Firm of the Year for seven years and the first and only Uruguayan firm recognised as Latin America Law firm of the Year by Chambers and Partners.
With over 100 years in the country, Guyer & Regules is praised for being a “first class law firm that can match any US or European firm” and “more advanced than its regional competitors”.
Guyer & Regules is considered Uruguay’s blue chip firm and the first choice for international and domestic complex legal, accounting and tax work. Such reputation is grounded on the largest group of the most experienced partners in the country, who lead a solid team of internationally trained professionals with experts in every field of business law, and promote a culture of innovation within the firm.
The firm has also been recognised as Uruguay Tax Firm of the Year by International Tax Review – Euromoney for three consecutive years, as Uruguay Firm of the Year by International Financial Law Review – Euromoney on four occasions and as Firm of the Year – Uruguay by Who’s Who Legal for six consecutive years.
MAIN INTERNATIONAL AREAS OF PRACTICE
Banking and finance: Guyer & Regules’ leadership is undisputed advising 66 per cent 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 US$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 US$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 per cent 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 per cent shares held by US-based Caesars in the Uruguayan casino Conrad Punta del Este.
Tax and 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 US$140 million acquisition of approximately 60 per cent stake in Tienda Inglesa, a 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.
Litigation: 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 US$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 US$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.
Labour: 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.
Energy: 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 per cent farm-out agreement with ExxonMobil and a 15 per cent 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.Plaza Independencia 811
Tel: +598 2902 1515
Fax: +598 2902 5454