The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Jones Day

PASEO DE LA REFORMA 342, PISO 30, COLONIA JU√ĀREZ, 06600 MEXICO, D.F., MEXICO
Tel:
Work +52 55 3000 4000
Email:
Web:
www.jonesday.com/mexicocity

Mexico

Banking and finance
Banking and finance - ranked: tier 2

Jones Day

The 14-strong team at Jones Day 's Mexico office has the advantage of being able to call on the firm’s international network. Its banking and finance offering includes advice on acquisition and leveraged finance, real estate finance, project and asset finance, and distressed financing, as well as derivatives, structured finance, and securitisations, which it provides to a client-base comprising financial groups, banks, mutual fund companies, and leasing, factoring and non-traditional banks. In highlight work, Alberto de la Parra assisted Grupo Aeroportuario de la Ciudad de México with its MXN$30bn initial public offering of Fibra E Shares on the Mexican Stock Exchange; and Fuerza Eólica de San Matias, a subsidiary of Sinia Capital (part of Sabadell Energy Investment Branch), with a $45m secured financing granted by Banobras for the development of a 30MW wind-power generation project under development in Baja California. In conjunction with the firm’s Miami office, practice head Antonio Franck advised Itzoil (Invex Infraestructura 4) on the $700m development, project financing, construction and operation of a new port and storage terminal in Tuxpan, a storage terminal in Tula, and a pipeline of approximately 260km connecting the two. While his practice is winding down, Fernando de Ovando advised Banco del Bajío on its $475.2m global offering under Rule 144a/Reg S, IPO and listing on the Mexican Stock Exchange. Other key lawyers include Javier Martínez del Campo, Carlos Sámano, and Manuel Romano, with support from associates Arturo de la Parra, Salvador Gallo, and Diego Noriega. Other clients include BBVA Bancomer, GMéxico Transportes, Credit Suisse Securities, Grupo Kuo, and JinkoSolar Holding.

[back to top]

Capital markets
Capital markets - ranked: tier 2

Jones Day

The 10 practitioners at Jones Day focus on advising Mexican issuers and underwriters on debt and equity offerings, and the establishment of mutual funds, pension funds and brokerage firms. Examples of the former included representing Grupo Aeroportuario de la Ciudad de México (GACM), as sponsor, in the IPO of a  $1.6bn energy and infrastructure investment trust (Fibra-E) for the acquisition of nearly 20% of the total equity of GACM; Promotora y Desarrolladora Mexicana (Prodemex), as sponsor, on the $306m IPO a Fibra-E for the acquisition of a 50% equity interest in three subsidiaries of Prodemex; and Citibanamex Afore as investor in the IPO of a $200m project investment trust (CERPI). In fund work the firm assisted Principal with obtaining authorisation from the National Banking and Securities Commission for the incorporation of three mutual funds and with their listing; and Intercam Fondos with obtaining authorisation for the incorporation of mutual fund +TASA MX and with its listing. Fund and trust expert Silvia Malagón leads the group; Antonio Franck and of counsel Carlos Sámano advise on securities offerings; and Alberto De La Parra is an expert in infrastructure-related matters. Javier Martínez del Campo is another member of the practice, while emerging associate Eduardo Mendoza works closely with Malagón. Other clients include Grupo Gigante, Crédito Real, Grupo Kuo, Banco del Bajío, and BNP Paribas Investment Partners.

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 2

Jones Day

Jones Day's Mexico City team is commended for its 'efficient response and availability and high knowledge of antitrust', including support for cross-border and domestic transactions, as well as advice on high profile market investigations. The team is jointly led by the 'highly involved' Gabriel Altamirano, who advises on merger control and investigations, and Bertha Ordaz, who has strong expertise in the energy, infrastructure, aviation and telecoms sectors.  The firm recently advised USG Corporation on the clearance of its global US$7bn takeover by the German building materials manufacturer Gebr. Knauf. The team also advised a railroad-sector client on a major COFECE investigation into alleged abuse of dominant position. Other clients include Procter & Gamble, Iberdrola  Renovables, and UPL.

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 2

Jones Day

Jones Day 'has a broad number of professionals that can provide support in complex matters like M&A and compliance.' Clients appreciate the 'very important personalization of services', and the team's 'very valuable partners' including practice head Mauricio Castilla, Antonio Franck, Javier Martínez del Campo, and Manuel Romano. The office works closely with the firm's wider international network and is especially active in the energy sector. Recently it advised Savage Companies on the local aspects of its merger with Bartlett and Company to form Savage Enterprises. Another highlight was representing Enesa on the sale of Selmec Equipos Industriales, a manufacturer of diesel and natural gas generators, to Generac Holdings.

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 3

Jones Day

Jones Day handles a broad range of domestic and cross-border civil and commercial disputes for its clients, who also benefit from the firm's impressive international network. The group is jointly led by Antonio González and José Antonio Vázques Cobo who are both well-versed in commercial litigation and arbitration. Recently the team successfully represented Roku in a high stakes amparo case against Cablevision, concerning the importation, distribution and sale of Roku products in Mexico. The firm has also been advising the Mexico City Airport Group on contentious issues linked to the new government's decision to cancel the project.

[back to top]

Energy and natural resources
Energy and natural resources - ranked: tier 2

Jones Day

Jones Day has an extremely strong multidisciplinary practice that combines transactional know-how with excellent expertise in the full range of infrastructure development matters, as well as regulatory and environmental law. Recent mandates include advising Western Refining de Mexico on a joint venture with CFEnergía to develop and operate a 600,000-barrel capacity storage centre. On the renewables side the team advised Parque Industrial de Energía Renovable and Pier IV on the US$180m financing for two wind farms to be constructed in Palmar de Bravo. The highly-respected José Estandía and Alberto de la Parra  jointly co-lead the team, which also includes Antonio Franck and administrative law expert Mauricio Llamas.

[back to top]

Environment
Environment - ranked: tier 2

Jones Day

The team at Jones Day does work that is 'always very high quality'; its lawyers are 'truly experts'. Lead partner Mauricio Llamas is singled out for his 'expertise and quality of service' which is 'always great'. The practice group provides crucial support on major development and infrastructure projects across a range of sectors and industries, and is also experienced in environmental, health and safety litigation before the federal and local administrative courts. The team was heavily active in all the environmental aspects attendant to the New Mexico City Airport project, including ongoing matters now that the project has been cancelled. Lawyers also advised Grupo Lessafre, a major yeast producer, on the methodology for its greenhouse gas emission-calculations and subsequent reporting obligations for its three Mexican facilities.

[back to top]

International trade and customs
International trade and customs - ranked: tier 3

Jones Day

Of counsel Javier Cortés leads the practice at Jones Day, which handles the full array of trade matters, with a special focus on maquiladora, regulatory, and FTA matters, as well as litigation; and the team can also call on the firm’s international network. Key expertise is contributed by Mauricio Llamas, also of counsel, whose practice includes government regulation; he has 25 years’ experience in customs duties and maquila matters, as well as at the Mexican tax authority (SAT). Departmental clients have included Manhattan Beachwear Jinko Solar, Andeavor (formerly Tesoro), RCMA Americas, Dufry, Husqvarna, Gildan / Allstyle, UPS, Reebok/Adidas, Lanxess, Cardinal Health, and Rassini.

[back to top]

Projects and infrastructure
Projects and infrastructure - ranked: tier 1

Jones Day

Jones Day has an extremely well-regarded practice that is praised for its 'strong execution and work ethic'. The four-partner group has extensive experience across the infrastructure spectrum, including transportation, energy, pipelines and water treatment projects. Recent mandates saw teams advise Jinko Solar on the $135m financing for the development and operation of a 130MW solar power project in Jalisco; and in the transportation segment, Grupo Aeroportuario de la Ciudad de México on its $1.6bn IPO of Fibra E shares on the Mexican Stock Exchange. Key practice partners include Alberto de la Parra, Antonio Franck, José A Estandía and Manuel Romano; all of whom have established excellent market reputations.

[back to top]

Real estate
Real estate - ranked: tier 2

Jones Day

In highlight work, Jones Day¬†advised MGM Innova Capital, as seller and lessor, in a structured finance transaction with Promotora Sunset Beach Clubs. Other work saw the six-strong team handle real estate transactions ranging from due diligence processes for the purchase or development of land, houses, buildings, plants, hotels and factories, to operations requiring finance and tax expertise; it also undertakes the development of real estate investment vehicles under Mexican law; agrarian matters (ejido and communal property and series T shares), and land use, zoning and environmental work. Moreover, it can also count on a global real estate team of over 100 lawyers. The ‚Äėvery talented‚Äô Manuel Romano¬†heads the practice; environment specialist Mauricio Llamas¬†is another key practitioner; and Rodrigo G√≥mez¬†provides tax expertise. Other clients include Procter & Gamble, Mision XII, Lowe‚Äôs Companies, and the Holley Group.

[back to top]

TMT
TMT - ranked: tier 3

Jones Day

Despite having suffered the loss of its core TMT team in 2017, Jones Day has managed to maintain an even keel, retaining clients and providing advice on some sophisticated work. The small practice of two lawyers focuses on satellite, technology, telecommunications, internet and e-commerce, handling transactional, financing and regulatory matters. It assisted a leading client operating in the border checkpoint technology industry on a public procurement project; and it continued to advise Reebok de México / Adidas de México on the implementation and operation of its e-commerce platform in the country, including contracting matters,  data protection, economic competition, and consumer protection aspects. The practice is headed by Bertha Alicia Ordaz-Avilés.

[back to top]

Tax
Tax - ranked: tier 3

Jones Day

Respected by peers, Rodrigo Gómez heads the practice at Jones Day, which handles transactional tax matters, tax planning and restructuring, audits, administrative and regulatory procedures, and permits and authorisations; the group can also call on the firm’s wider international network. Recent highlight work included the tax apsects of Grupo Aeropuertario de la Ciudad de México's $6bn issuance of four bond seroes under Rule 144A / Reg S, as part of the tender offer to re-purchase up to $1.8bn bonds; General Electric's $160m sale of the industrial business of its Power Conversion division to Wolong Electric Group (including tax advice regarding the Mexican tax effects of the sale of the Mexican subsidiaries of said industrial business); and Grupo Gigante on an amendment to its existing syndicated credit agreement for the purpose of refinancing the payment terms. Support comes from associate Andrés Lieja . Other clients include Lixil Group / American Standard, The Haskell Company, Methode Electronics, Dream Hotel Group and Crédito Real.

[back to top]


Further information on Jones Day

Please choose from this list to view details of what we say about Jones Day in other jurisdictions.

United Arab Emirates

Offices in Dubai

Australia

Offices in Sydney, Perth, Brisbane, and Melbourne

Belgium

Offices in Brussels

China

Offices in Shanghai and Beijing

Germany

Offices in Frankfurt, Munich, and Dusseldorf

Spain

Offices in Madrid

France

Offices in Paris

Hong Kong

Offices in Hong Kong

Indonesia

Latin America: International firms

India

Italy

Offices in Milan

Japan

Offices in Tokyo

London

Offices in London

Mexico

Offices in Mexico City

Netherlands

Offices in Amsterdam

Philippines

Singapore

Offices in Singapore

Saudi Arabia

Offices in Riyadh, Al-Khobar, and Jeddah

Taiwan

Offices in Taipei

United States

Offices in San Francisco, Houston, Washington DC, Pittsburgh, New York, Irvine, Dallas, Columbus, Cleveland, Chicago, Atlanta, Los Angeles, San Diego, Palo Alto, Boston, Miami, Minneapolis, and Detroit

Legal Developments by:
Jones Day

  • US rules regarding offshore accounts

    The Hiring Incentives to Restore Employment Act 2010, enacted on 18 March 2010, imposes a new US withholding tax and reporting regime, known as the Foreign Account Tax Compliance Act (FATCA). The FATCA regime applies generally to payments made after 31 December 2012, except on obligations (to be defined in future guidance) outstanding on 18 March 2012. Substantial effort is required by foreign entities to bring their worldwide operations and policies into compliance with the FATCA rules as of the effective date.‚Ä©
    - Jones Day

Legal Developments in Mexico

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

    Notorious marks or the declaration thereof, has always been an issue widely discussed in Mexico by the IP legal community. This is so because provisions of the Paris Convention dealing with this topic have for a long time been uses as an effort to cancel or nullify trademarks registered by Mexican authorities without really making an extensive evaluation of proposed denominations and without examining in depth if such marks may be potentially affecting rights acquired by third parties elsewhere. So, a specific regulation and legal frame that at least tries to resolve this issue is always a good start in the right direction.
  • FRANCHISING TRENDS IN MEXICO: A NEW VALUE

    By Ignacio Dominguez Torrado Uhthoff, Gomez Vega & Uhthoff, S.C. Why a new value? Is Mexico avoiding the economic fallout that the world may be facing? In Mexico franchises are worth more? Is Mexico not a country that the global economic standstill is or will affect? The answer is, not really. Are Franchises in Mexico currently experiencing a boom? Perhaps. Are Franchises becoming an important aspect in Mexican economy? Certainly.
  • ADVERTISING IN MEXICO: COMMENTS UNDER AN INTELLECTUAL PROPERTY LAW PERSPECTIVE

    Advertising in Mexico is governed by multiple bodies of law including for at least seven Federal Laws, five Regulations also of Federal application, a number of the so-called Mexican Official Standards (NOM's) and certain other laws and regulations applicable into specific States within the Republic of Mexico. All of them are focusing to establish the form and manners for producing and communicating advertising of products and services in Mexico.
  • MEXICAN CUSTOMS. UPDATE ON THE ENFORCEMENT OF TRADEMARK RIGHTS

    It has been well publicized in the Mexican media over the last few months that the General Customs Administration (AGA) and the Mexican Institute of Industrial Property (IMPI) are planning to launch a customs trademark registry, as a short-term solution to increase protection for trademark owners against the import of infringing and counterfeit products.
  • DEMONSTRATING USE OF TRADEMARKS UNDER MEXICAN LAW AND PRACTICE

    The evolution in the protection and enforcement of IP rights has also reached the Mexican practice. The traditional ways of defending a registered trademark on a non use contentious procedure have developed.
  • ANTI-COUNTERFEITING IN MEXICO

    By Jose Luis Ramos-Zurita