Parra Rodríguez Abogados’ renowned expertise in aviation law is coupled with a comprehensive understanding of labour, insolvency and finance matters. Those central pillars of the firm proved to be a pivotal combination in 2020, which dealt an impactful blow to Latin America’s aviation industry. Parra Rodríguez advised airlines in cross-border restructuring deals and landed roles in Chapter 11 proceedings of several industry players.
Given Parra Rodríguez’s aviation expertise, it is no surprise that companies such as Cargolux Airlines, GE Capital Aviation Services and United Airlines are on the firm’s books. Lenses manufacturer Essilor International, Indian motorbike manufacturer Hero MotorCorp and building materials maker Knauf are also core clients. In 2020, the firm added aircraft leasing group Avolon Aviation to that list, while it regularly advises Citibank on capital markets work.
The business-minded firm executes a thorough understanding of companies’ needs, including the key macroeconomic factors affecting its core clients. Meanwhile, Parra Rodríguez prides itself on its awareness of important social and political issues within Colombia, ensuring its advice is shrewdly devised.
Aside from thorough guidance on financial law complexities such as leaseback agreements and structured loan deals, Parra Rodríguez also has a capable corporate offering. It advises a variety of companies in the agricultural, mining and tourism sectors on due diligence, merger and acquisition and divestment matters among others. Its labour practice has been exceptionally active this year too, as the pandemic has given way to a host of new legal issues such as homeworking regulation, corporate reorganisations and health coverage by businesses among others. The group’s tax department is also well sought-after.
Parra Rodríguez tackles complex legal challenges with pragmatism and a clear line of action. Its lawyers are trained in getting to the meat and bones of the matter at hand, and its clients benefit from transparent and earnest communication. Fast responses have helped earn this firm a loyal client base, among which are multiple household names.
Parra Rodríguez has its main office in Bogotá.
Alliances & networks
It is a member of networks Multilaw, Mackrell International and the Roxin Alliance of white-collar crime lawyers, which is led by Germany’s Roxin Rechtsanwälte LLP. Several of its lawyers are members of IR Global, which provides accountancy services.