The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

BMA - Barbosa, Müssnich, Aragão

LARGO DO IBAM, 1 – 4TH FLOOR, HUMAITA, RJ. 22271-070, BRAZIL
Tel:
Work +55 21 3824 5800
Email:
Web:
www.bmalaw.com.br
Brasilia, RIO DE JANEIRO, Sao Paulo

Brazil

Banking and finance
Banking and finance - ranked: tier 3

BMA - Barbosa, Müssnich, Aragão

The banking practice at BMA - Barbosa, Müssnich, Aragão brings broad experience across a wide spread of syndicated lending, project finance, debt capital markets and structured finance transactions. In particular, the group leverages the wider firm's stellar corporate relationships to pack a punch in borrower-side work, but it is also routinely engaged by financial institutions for lender-side mandates and M&A transactions. Highlights included advising Brazilian construction giant Queiroz Galvão on refinancing negotiations involving all of its credit and loan facilities, worth over R$10bn - corporate partner Plinio Simões Barbosa acted alongside Rafael d’Avila Dutra to lead that work. In another headline deal, practice head Camila Goldberg acted as Brazilian counsel to BTG Pactual Holding, as borrower, on a $350m senior secured credit facility with UBS. The department also includes Anna Carolina de Oliveira Malta, who is a key contact for finance and compliance matters, and debt-finance specialist Paulo Ceppas Figueiredo.

[back to top]

Bankruptcy and restructuring
Bankruptcy and restructuring - ranked: tier 2

BMA - Barbosa, Müssnich, Aragão

BMA - Barbosa, Müssnich, Aragão combines transactional expertise with vast litigation experience, allowing it to handle the gamut of restructuring matters, from out-of-court reorganisations to bankruptcy-related litigation. The firm particularly stands out for its debtor-side practice, though it also has a good reputation for creditor-side representation. Sectors in which the team has been the busiest in recent years include telecoms, construction and energy. In the former sector, Sergio Savi and Felipe Evaristo dos Santos Galea continue to act for Oi Group in its highly-publicised debt restructuring. Elsewhere, Eduardo Guimarães Wanderley acted for Electrolux do Brasil in the context of retail company Máquina de Vendas’s extrajudicial restructuring.

Next Generation Partners

Eduardo Guimarães Wanderley - BMA - Barbosa, Müssnich, Aragão

[back to top]

Capital markets
Capital markets - ranked: tier 2

BMA - Barbosa, Müssnich, Aragão

BMA - Barbosa, Müssnich, Aragão’s market-leading corporate practice translates into a strong track record in the equity capital markets. The firm also fields a robust debt practice which routinely advises on debt offerings, structured finance transactions, derivatives and debt restructurings, among other matters. Among its highlights, department head Camila Goldberg advised Concessionária do Aeroporto Internacional de Florianópolis on its R$300m offering of non-convertible debentures to support the construction of a new terminal at Florianópolis International Airport. Talented younger partner Rodolfo Constantino de Tella had a banner year, which included teaming up with Luiz Antonio de Sampaio Campos and Anna Carolina de Oliveira Malta to advise the issuer and Banco ABC Brasil on Oi’s R$4.1bn offering of debentures as part of its judicial reorganisation plan. Paulo Aragão is also recommended.

Next Generation Partners

Rodolfo Constantino de Tella - BMA - Barbosa, Müssnich, Aragão

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 1

BMA - Barbosa, Müssnich, Aragão

The antitrust department at BMA - Barbosa, Müssnich, Aragão provides 'legal advice that is very aligned with business'. The firm continued to make investments in this practice; in 2018, it promoted competition and digital law specialist Luís Bernardo Cascão to partner, and has followed up in 2019 with those of Camilla Paoletti and Sandra Terepins. The firm is renowned for its M&A practice, and as such is regularly involved in merger control for high-profile corporate transactions, including multi-jurisdictional deals. In a transaction filed in over 20 jurisdictions, Cascão and department head Barbara Rosenberg acted for Linde in its merger with Praxair, which required in-depth analysis by the Administrative Council for Economic Defence (CADE). The team is also involved in sensitive cartel investigations; other matters keeping it busy include unilateral conduct investigations. José Inacio Ferraz de Almeida Prado Filho and Marcos Exposto are active members of the department.

Leading individuals

Barbara Rosenberg - BMA - Barbosa, Müssnich, Aragão

Next Generation Partners

Luís Bernardo Cascão - BMA - Barbosa, Müssnich, Aragão

[back to top]

Compliance
Compliance - ranked: tier 3

BMA - Barbosa, Müssnich, Aragão

The compliance, investigations and governmental enforcement practice at BMA - Barbosa, Müssnich, Aragão is led by Anna Carolina Malta and José Guilherme Berman and comprises specialists in different fields of law. For example, the team saw an uptick in moral and sexual harassment investigations in 2018, and worked alongside colleagues in the labour department. Much of the team's work is cross-border in nature, and it counts domestic and international companies among its clients. Adriana Dantas left to join the Petrobras ethics committee.

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 1

BMA - Barbosa, Müssnich, Aragão

BMA - Barbosa, Müssnich, Aragão established itself as a corporate and M&A powerhouse early on in the firm's history. Today, the 'highly knowledgeable' team continues to take key roles on major corporate transactions in the Brazilian market. With a full-service offering that includes a leading merger control practice, the firm has the size, expertise and resources to handle all aspects of large deals. In the joint venture between Embraer and Boeing, a team led by Paulo Cezar Aragão and Roberto Dias Carneiro acted for Embraer on the Brazilian aspects of the deal and in its interactions with domestic regulators. Aragão also worked alongside Monique Mavignier to advise Grupo Petrotemex and DAK Americas Exterior on the acquisition of Citepe and PetroquímicaSuape from Petrobras as part of the seller's divestment programme. Fabiana Fagundes has a broad corporate and M&A practice, often taking lead roles on significant deals, and is also notable for her experience advising companies in the third sector. The firm also maintains an active French desk under the leadership of Dominique Héléne Bétourné Walter. Other leading figures in the team include Francisco Müssnich, Plinio Simões Barbosa, Luiz Antonio de Sampaio Campos and Amir Bocayuva Cunha. Adriana Dib Fuzinato and Ian Bussinger were promoted to partner in 2019 and associate Ana Paula Reis is also recommended. Adriana Dantas left to take up a position on the Independent Petrobras Committee on Sanctions and Disciplinary Measures.

Leading individuals

Francisco Müssnich - BMA - Barbosa, Müssnich, Aragão

Paulo Cezar Aragão - BMA - Barbosa, Müssnich, Aragão

Rising stars

Ana Paula Reis - BMA - Barbosa, Müssnich, Aragão

[back to top]

Dispute resolution (including White-collar crime)
Dispute resolution (including White-collar crime) - ranked: tier 3

BMA - Barbosa, Müssnich, Aragão

Dispute Resolution: Arbitration - ranked: tier 2

BMA - Barbosa, Müssnich, Aragão

'Extremely committed', 'engaged' and 'agile', the dispute team at BMA - Barbosa, Müssnich, Aragão is 'able to understand and argue about a diverse range of issues'. The firm is also noted for its 'pro-business' approach. Its lawyers are  often instructed by household name companies in large disputes and arbitrations; in one example, Plínio Simões Barbosa and 'tough litigator' Luiz Fernando Fraga were retained by BHP to represent it in litigation arising out of the Samarco dam collapse. 'Excellent lawyer' André Abbud is an 'expert in arbitration and dispute resolution'; Pedro de Oliveira Costa is 'committed, intelligent and focused'; and Rafael Castilho has an 'objective, judicious and intelligent profile'. Felipe Evaristo dos Santos Galea and senior associate Renan Frediani Torres Peres are also recommended.

Next Generation Partners

Rafael Castilho - BMA - Barbosa, Müssnich, Aragão

[back to top]

Environment
Environment - ranked: tier 4

BMA - Barbosa, Müssnich, Aragão

BMA - Barbosa, Müssnich, Aragão's assistance spans waste, water, contaminated sites, bioinvasion and biodiversity. The environment group provides consultancy on regulation, permitting matters and crisis management, and is frequently instructed to handle disputes. Examples are advising Fresenius Kabi Brasil on the decommissioning procedure of its former site in Campinas; and defending Construtora Queiroz Galvão against administrative penalties imposed by the São Paulo environmental agency regarding the Tamoios highway improvement. Senior associate Beatriz Paulo de Frontin and the 'dedicated' Márcio Pereira are recommended.

[back to top]

Intellectual property
Intellectual property - ranked: tier 2

BMA - Barbosa, Müssnich, Aragão

At BMA - Barbosa, Müssnich, Aragão, advice is 'on the spot'. The full-service firm has a strong position in the boutique-heavy Brazilian IP environment, advising both national companies (such as Natique in litigation concerning the Saliníssima brand) and international companies such as L'Oréal; on behalf of the latter, the group obtained a preliminary injunction against the sale of products that infringed the client's trade marks. Antonella Carminatti is 'always in the loop' and Claudia Schulz is another name to note. José Eduardo Pieri and Pedro Frankovsky Barroso made partners in June 2018.

Leading individuals

Antonella Carminati - BMA - Barbosa, Müssnich, Aragão

Next Generation Partners

Pedro Frankovsky Barroso - BMA - Barbosa, Müssnich, Aragão

[back to top]

International trade and customs
International trade and customs - ranked: tier 4

BMA - Barbosa, Müssnich, Aragão

BMA - Barbosa, Müssnich, Aragão combines international trade, customs, tax, competition and litigation expertise to handle a range of import and export matters, including tax incentives and customs programmes. Tax and customs expert João Paulo Cavinatto is the name to note; he recently advised OCP Group on its import and distribution structure in Brazil. In a significant move, Adriana Dantas left to join the Petrobras compliance committee.

[back to top]

Labour and employment
Labour and employment - ranked: tier 3

BMA - Barbosa, Müssnich, Aragão

BMA - Barbosa, Müssnich, Aragão provides 'feasible and smart solutions with a business-oriented view' and is highlighted for its 'modern and technical approach'. It often represents clients in individual and collective labour disputes and strategic litigation. 'Extraordinary lawyer' Luiz Marcelo Góis is 'very dedicated to the clients', while associate Mariana Brassaloti is a 'rising star'. Cibelle Goldfarb co-leads the department with Góis and is also recommended.

Rising stars

Mariana Brassaloti - BMA - Barbosa, Müssnich, Aragão

[back to top]

Projects and infrastructure
Projects and infrastructure - ranked: tier 4

BMA - Barbosa, Müssnich, Aragão

BMA - Barbosa, Müssnich, Aragão is 'clear from the outset' and 'understands a client's needs in terms of timing, results and internal decision making'. Recent work includes assisting Gás Verde with obtaining all permits to operate a biogas purification plant. Camila Goldberg and Rafael Dutra are recommended along with Eduardo Hayden Carvalhaes Neto, who is an 'expert with a 360 degree view'.

[back to top]

Public law
Public law - ranked: tier 4

BMA - Barbosa, Müssnich, Aragão

BMA - Barbosa, Müssnich, Aragão is noted for its 'technical capacity and objectivity'; in-house counsel also appreciate the team's 'willingness to understand the business and all implications before providing an analysis and legal advice'. Eduardo Hayden Carvalhaes Neto is recommended. José Guilherme Berman is another key contact in the regulatory and government affairs department.

[back to top]

Real estate
Real estate - ranked: tier 3

BMA - Barbosa, Müssnich, Aragão

BMA - Barbosa, Müssnich, Aragão's real estate team 'works very well together'. It excels in high-value and complex real estate transactions, and benefits from collaboration with colleagues in the corporate and tax departments. Cristiana Moreira and senior associate Maria Eduarda Bérgamo are recommended. Cristiane Mamprin co-heads the department with Moreira and has broad corporate and real estate expertise. Guilherme Zoghbi Ayala was promoted to partner in 2019.

Rising stars

Maria Eduarda Bérgamo - BMA - Barbosa, Müssnich, Aragão

[back to top]

TMT
TMT: Telecoms and media - ranked: tier 4

BMA - Barbosa, Müssnich, Aragão

According to clients, BMA - Barbosa, Müssnich, Aragão's telecoms practice is 'nothing short of excellent', particularly because Eduardo Hayden Carvalhaes Neto 'sees solutions rather than obstacles'. Work spans assistance with submarine cables, telecoms towers and satellites for clients such as Samsung and Omnispace.

[back to top]

Tax
Tax - ranked: tier 3

BMA - Barbosa, Müssnich, Aragão

Tax Litigation - ranked: tier 4

BMA - Barbosa, Müssnich, Aragão

The 'hands-on, knowledgeable and client-focused' tax group at BMA - Barbosa, Müssnich, Aragão stands out for its transactional tax expertise. It is accustomed to advising well-known companies on large and high-profile corporate transactions. In addition, it handles a range of non-transactional tax matters, including complex tax litigation. In a recent case, Maurício Faro and a team represented Associação Brasileira de Empresas de Exploração e Produção de Petróleo e Gás (ABEP) as amicus curiae in a lawsuit filed by Petrobras concerning the use of ICMS credits (state VAT). Jose Otavio Faloppa heads the department, which also includes Luiza Sampaio De Lacerda Benjó and Lígia Regini da Silveira. Daniel Loria is praised for his 'excellent client skills' and Franciny de Barros and Luis Henrique Costa were promoted to partner in 2019.

[back to top]

Brazil: Energy and natural resources

Electricity
Electricity - ranked: tier 4

BMA - Barbosa, Müssnich, Aragão

BMA - Barbosa, Müssnich, Aragão leverages its market-leading corporate and M&A practice to excel in transactional matters, such as Paulo Cezar Aragão’s advice to State Grid Corporation of China on its public tender offer for CPFL Energias Renováveis. The firm also houses a robust regulatory offering and Eduardo Hayden Carvalhaes Neto represented Eletrobras in administrative proceedings brought by ANEEL. The group has also recently undertaken work for Abengoa and Eletropaulo.

[back to top]


Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to