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Jones Day

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

Latin America: International firms

International arbitration
International arbitration - ranked: tier 4

Jones Day

Recent headline mandates for Jones Day include Madrid-based Mercedes Fernández acting for a Spanish infrastructure firm in ICSID arbitration against Argentina (regarding a contaminated water concession); and Steven Smith and Marcus Quintanilla’s representation of an EPC contractor in ICC proceedings relating to the construction of ore-processing facilities in a major South American jurisdiction. Ricardo Puente is a key name to note in Miami, but the practice – led by Gregory Shumaker – lost Mexico-based Luis Rubio Barnetche who moved to Holland & Knight in January 2018.

[back to top]

Mexico

Banking and finance
Banking and finance - ranked: tier 2

Jones Day

The 14-strong Jones Day banking and finance team is growing both in size and in regional capability, while retaining the competitive advantage of being able to call on the firm’s international network. The team is known for its infrastructure finance work, and clients appreciate its ‘expertise, response times and value for money’. Recent highlights were mainly carried out domestically, bar a couple of exceptions, such as the development of the financial structure of the new Mexico City International Airport, in which Alberto de la Parra led a team involving lawyers from the firm’s Singapore office as counsel to Grupo Aeroportuario de la Ciudad de México on the Mexican legal aspects of the issuance of $4bn worth of green bonds through the Mexico City Airport Trust, executed under the Rule 144A/Reg S. De la Parra (in conjunction with M&A partner Mauricio Castilla) also assisted BBVA Bancomer, BBVA Securities and Credit Suisse Securities/Banco Santander in a $1.55bn New York law-governed unsecured bridge loan agreement extended to GMéxico Transportes for the acquisition of rail-operator Florida East Coast Holdings. Practice co-head Antonio Franck advised Invex Infraestructura 4 and Gas Natural Noreste on the $700m development, financing, construction and operation of the "Tajín system", which will consist of a port and storage terminal in Tuxpan and a storage terminal in Tula. Javier Martínez del Campo advised Grupo Gigante on the $236.6m syndicated credit facility granted by BBVA Bancomer, as lender and administrative agent, and Scotiabank Inverlat and Banco Santander as lenders; and Grupo Kuo on several banking matters involving operations in Mexico and abroad, including a credit agreement from Bancomext for $53m. According to some, Martínez del Campo is ‘the best banking lawyer at the firm’. ‘He is very knowledgeable, very good to work with, and he always puts something on the table’, stated one peer. In both mandates he was assisted by associate Carlos Sámano, considered ‘a name to watch’. Key support further comes from office managing partner Manuel Romano; Fernando de Ovando, who has over 40 years’ experience in the practice; José Estandía, who covers project finance and M&A in the energy sector; and Silvia Malagón, who covers banking, capital markets and funds. Banco del Bajío is another key client.

Leading lawyers

Alberto de la Parra - Jones Day

Fernando de Ovando - Jones Day

Javier Martínez del Campo - Jones Day

[back to top]

Capital markets
Capital markets - ranked: tier 2

Jones Day

The eight-strong capital markets team at Jones Day advises Mexican issuers and underwriters on debt and equity offerings and is also well-known for establishing mutual funds, pension funds and brokerage firms. Recent work saw the firm handle transactions under Mexican and foreign law (Rule 144A/Reg S), as well as assist funds with a variety of issues. Practice head and fund specialist Silvia Malagón had a very active year, assisting SAM Asset Management with obtaining authorisation from the National Banking and Securities Commission for seven mergers of 19 mutual funds; Scotia Fondos concerning the incorporation of three mutual funds; SURA Investment Management México regarding the incorporation of two mutual funds, MONEDA and SURMILA – the latter being listed on the Integrated Latin American Market (MILA). In all three cases Malagón relied on the support of senior associate Eduardo Mendoza. On the international side, Alberto de la Parra was assisted by Carlos Sámano on advice to BBVA Bancomer, Credit Suisse, Santander, GBM, and Inbursa, as placement intermediaries, in connection with GMexico Transportes’ $996m global offering under Rule 144A/Reg S and IPO on the Mexican Stock Exchange (BMV); Fernando de Ovando, in conjunction with Mauricio Castilla and Sámano, acted as counsel to Banco del Bajío on its $475.2m global offering under Rule 144A/Reg S and Mexican stock market IPO and listing; Javier Martinez del Campo (working with Sámano and Victoria Rivera Torres, as well as Boris Dolgonos, Peter Devlin, Patrick Bussard in New York), assisted Grupo Kuo in the Rule 144A/Reg S issuance of senior notes for the value of $450m, due in 2027. In other work, Antonio Franck advised Prodemex on establishing a Fibra E comprising three federal prisons in the states of Durango, Michoacán, and Mexico, with a value of $450m. Franck was assisted by Sámano, who led advice to Crédito Real, as issuer, on its Rule 144A/Reg S $230m perpetual notes to qualified investors in the US and in the implementation of a dual stock certificate program for an authorised total amount of $405m. Additional support comes from associates Arturo de la Parra and Mauricio Bahena.

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 2

Jones Day

Always full of quality and very accurate’, the ‘very professional’ team at Jones Day is praised as being ‘very assertive’ in its advice. Gabriel Altamirano and Bertha Ordaz jointly lead the team, which covers both the contentious and non-contentious side of antitrust and is well versed in regulated sectors such as telecoms. Procter & Gamble is a major client; the firm recently advised it on the $113m sale of a property to DI Metropolitano, which required clearance from COFECE. The group continues to advise Ferrocarril y Terminal del Valle de Mexico on a market dominance investigation.

[back to top]

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

Jones Day

The ‘very professional, well-prepared’ team at Jones Day is praised for its ‘quick responses and full availability’ and ‘total focus’ on the client. The practice is an increasingly active presence in the market and is held in high regard by peers and clients. The team is jointly led by Javier Martínez del Campo and Mauricio Castilla, and while it will miss Luis Rubio, who left for Holland & Knight, it still boasts several other high-calibre partners, including Antonio Franck and Manuel Romano. Among a number of significant recent transactions, it advised Patrón Spirits International on its $5.1bn takeover by Bacardi, one of the largest Mexican deals of the past year. The firm also advised Methode Electronics on its $114m acquisition of Pacific Insight Electronics.

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 3

Jones Day

Jones Day has a strong, nine-lawyer team that works closely with disputes specialists throughout the firm’s global network of offices, handling an impressive mix of domestic litigation and international arbitration. It recently represented Minera Mexico in a $100m insurance claim concerning damages suffered due to a three-year strike at Grupo México’s largest mine. The firm is also defending Remy Components in a claim filed by a former vendor after the termination of a contract following claims that the vendor had been acting fraudulently; and has been representing Roku in a constitutional appeal against an injunction obtained by Izzi Telecom prohibiting the sale and distribution of Roku products. Joint practice heads Antonio González and José Antonio Vázquez both come highly recommended by clients.

[back to top]

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

Jones Day

The energy practice at Jones Day provides its clients with ‘a lot of practical and technical depth, and reliable, business-oriented advice’. The Mexican side of the practice forms an integral part of a broader Latin America practice, with lawyers working out of New York, Miami and Mexico City. Mexico head Manuel Romano is ‘business-oriented, practical and precise’, and ‘an exceptional projects lawyer’. The firm advised Andeavor on structuring an agreement with an affiliate of Profuels, for the supply of ARCO-branded and unbranded gasoline and diesel; and advised JinkoSolar on the development and financing of three solar power facilities with a combined 188MW capacity. Other key partners include electricity expert José Estandía, and Alberto de la Parra and Antonio Franck for energy infrastructure projects.

[back to top]

Environment
Environment - ranked: tier 2

Jones Day

The ‘excellent’ team at Jones Day is commended for its ‘good response times, concrete solutions and extensive experience of the subject’, with group head Mauricio Llamas noted for his ‘excellent command of the issues and relationship with the client’. The firm remains involved in some of the market’s most cutting-edge mandates, providing environmental advice to the Mexico City Airport Group on the construction of the new airport, and also advising the client on a $4bn green bond issue, the largest ever green bond issue globally. Other major clients include Procter & Gamble, Toyota, and Goodyear Tire Company.

Leading lawyers

Mauricio Llamas - Jones Day

Next generation lawyers

Mauricio Villegas - Jones Day

[back to top]

International trade and customs
International trade and customs - ranked: tier 2

Jones Day

The departure of Luis Rubio to Holland & Knight appears to have affected some of Jones Day’s practices more than it did the office’s IT&C activity, in part due to the continued presence of counsel Javier Cortes, the team’s key practitioner, at the firm. Cortes and the rest of the team (five in total) continue to advise clients on the full array of trade matters, with a special focus on maquiladora, regulatory, and FTA matters, as well as litigation; it can also call on the firm’s international network. The team overseen by government regulation practitioner Mauricio Llamas, who has over 25 years’ experience in customs duties and maquila matters, as well as at the Mexican tax authority (SAT). Recent work saw the team advise Manhattan Beachwear on the trade and customs, maquila, and administrative litigation issues related to a restructuring in Mexico; Jinko Solar (as sponsor) and its project company, Solar Park Viborillas, on securing duty reductions through a Sectorial Program (PROSEC), within the context of a $100m bridge loan provided by Natixis; and Andeavor (formerly Tesoro) on regulations and procedures regarding the importation of gasoline. Cortes led, co-led or acted on all these cases and also assisted RCMA Americas on an antidumping investigation procedure into rubber imports; Dufry with importing merchandise for duty free shops and with updating and renewing the administrative customs authorisations of said shops; and Husqvarna with several matters, including restructuring of its logistic procedures and customs department functions. Other clients include Gildan / Allstyle, UPS, Reebok/Adidas, Lanxess, Cardinal Health, and Rassini.

[back to top]

Projects and infrastructure
Projects and infrastructure - ranked: tier 1

Jones Day

The top-quality projects team at Jones Day brings ‘a lot of practical and technical depth and reliable business-oriented advice’ to the table, advising sponsors and lenders. Among the international firms, it is ‘one of the few with true LatAm experience’. Practice co-head Alberto de la Parra has an impeccable pedigree advising on major infrastructure developments and led the advice to Group Aeroportuario de la Ciudad de Mexico on its $3bn New Mexico City Airport project. Other key individuals include co-head José Estandía, Antonio Franck, and the ‘practical and preciseManuel Romano, who is ‘an exceptional projects lawyer’. The firm also advised Invex Infraestructura and Gas Natural del Noreste on the $700m development, financing and operation of a pipeline, port and storage terminal project in Tuxpan.

Leading lawyers

Alberto de la Parra - Jones Day

Next generation lawyers

Selene Espinosa - Jones Day

[back to top]

Real estate
Real estate - ranked: tier 2

Jones Day

The nine lawyers that form the real estate practice at Jones Day offer a broad range of expertise that encompasses every angle of a real estate project development, including finance and tax. In addition, the team can draw on the environmental expertise of Mauricio Llamas, and while 2017 mandates were mainly domestic, it also has recourse to the firm’s international network. The team maintains a roster of loyal clients, including the Holley Group, which practice head Manuel Romano and Llamas continued to advise regarding a $500m industrial park development (including the purchase of 150 hectares of land), in Nuevo León. The two form the core of the group, and they also assisted the Crowne Group with the sale and lease back of an industrial facility in Reynosa. Other work highlights included assisting MGM Innova Capital, as seller and lessor, in a structured finance transaction with Promotora Sunset Beach Clubs; Goodyear, with issues related to the regulatory and EH&S compliance and permitting of a $500m tyre plant currently in development in San Luis Potosí; and Petrofac in relation to migrating its contracts with PEMEX to the new regime in which the client becomes a PEMEX partner directly executing oil exploration and exploitation activities (thereby involving the need to acquire or lease the land on which the oil fields are located and establish the benefits that will accrue to the land owners. Rodrigo Gómez handles the tax aspects of real estate work. Active clients include Procter & Gamble, Toyota, Mision XII, and Lowe’s.

Leading lawyers

Manuel Romano - Jones Day

[back to top]

TMT
TMT - ranked: tier 3

Jones Day

The core TMT group at Jones Day jumped ship to Holland & Knight in 2017, leaving a team of two, led by Bertha Ordaz, and some good clients, although it remains to be seen how the firm will fare in this area. Recent work for the group involved advising on transactional, regulatory and litigation matters connected to media, satellite, e-commerce, and the telecom and internet connections sectors. Specific examples include advising inflight communications provider SITA OnAir on a government procurement project for the sale, operation and technical support of border automation solutions (involving ABC kiosks in four airports in Mexico); Reebok on the implementation and operation of its e-commerce platform in Mexico, including contracting matters, as well as data- and consumer-protection aspects; and Ominspace on all its legal and regulatory matters, including applying for its first licence for satellite provision for mobile services, and an authorisation from the IFT for a complementary ground component (CGC) project. Practice head Ordaz has over 20 years’ experience in the sector, with a practice that includes antitrust, regulatory, licensing, and transactional work in industries such as satellites (including satellite procurement), pay TV, wireless telephony, e-commerce and aviation. She previously worked in-house at Satmex where she was general counsel. Other clients include Maxcom and Universal Pictures.

[back to top]

Tax
Tax - ranked: tier 3

Jones Day

The tax team at Jones Day is ‘competent, always available, and provides useful advice’. One of the first corporate firms to establish a tax practice (in 2011), while the team assists clients with tax planning and litigation, the practice is very much connected to transactional work. The core team is formed by practice head Rodrigo Gómez (‘he does important work’), and associates Luis Rodrigo Salinas and Andrés Lieja. The group has been active assisting with the tax aspects of a number of transactions, including BBVA Bancomer’s $861.6m global offering of common shares by GMéxico Transportes; Banco del Bajío’s $475.2m global IPO on the Mexican Stock Exchange; Group Kuo’s $450m and TV Azteca’s $400m international offerings of senior notes; and Methode Electronics’s $114m acquisition of Pacific Insight Electronics. While the Mexico office team remains smaller than many of its local competitors, it has the competitive advantage of being able to draw on the expertise of the firm’s international network. Other clients include BCP Securities, Jefferies, Morgan Stanley, Pacifico Aquaculture, and Fundación Appleseed Mexico.

Leading lawyers

Rodrigo Gómez - Jones Day

[back to top]



Latin America: International firms

International arbitration
International arbitration - ranked: tier 4

Jones Day

Recent headline mandates for Jones Day include Madrid-based Mercedes Fernández acting for a Spanish infrastructure firm in ICSID arbitration against Argentina (regarding a contaminated water concession); and Steven Smith and Marcus Quintanilla’s representation of an EPC contractor in ICC proceedings relating to the construction of ore-processing facilities in a major South American jurisdiction. Ricardo Puente is a key name to note in Miami, but the practice – led by Gregory Shumaker – lost Mexico-based Luis Rubio Barnetche who moved to Holland & Knight in January 2018.

[back to top]

Mexico

Banking and finance
Banking and finance - ranked: tier 2

Jones Day

The 14-strong Jones Day banking and finance team is growing both in size and in regional capability, while retaining the competitive advantage of being able to call on the firm’s international network. The team is known for its infrastructure finance work, and clients appreciate its ‘expertise, response times and value for money’. Recent highlights were mainly carried out domestically, bar a couple of exceptions, such as the development of the financial structure of the new Mexico City International Airport, in which Alberto de la Parra led a team involving lawyers from the firm’s Singapore office as counsel to Grupo Aeroportuario de la Ciudad de México on the Mexican legal aspects of the issuance of $4bn worth of green bonds through the Mexico City Airport Trust, executed under the Rule 144A/Reg S. De la Parra (in conjunction with M&A partner Mauricio Castilla) also assisted BBVA Bancomer, BBVA Securities and Credit Suisse Securities/Banco Santander in a $1.55bn New York law-governed unsecured bridge loan agreement extended to GMéxico Transportes for the acquisition of rail-operator Florida East Coast Holdings. Practice co-head Antonio Franck advised Invex Infraestructura 4 and Gas Natural Noreste on the $700m development, financing, construction and operation of the "Tajín system", which will consist of a port and storage terminal in Tuxpan and a storage terminal in Tula. Javier Martínez del Campo advised Grupo Gigante on the $236.6m syndicated credit facility granted by BBVA Bancomer, as lender and administrative agent, and Scotiabank Inverlat and Banco Santander as lenders; and Grupo Kuo on several banking matters involving operations in Mexico and abroad, including a credit agreement from Bancomext for $53m. According to some, Martínez del Campo is ‘the best banking lawyer at the firm’. ‘He is very knowledgeable, very good to work with, and he always puts something on the table’, stated one peer. In both mandates he was assisted by associate Carlos Sámano, considered ‘a name to watch’. Key support further comes from office managing partner Manuel Romano; Fernando de Ovando, who has over 40 years’ experience in the practice; José Estandía, who covers project finance and M&A in the energy sector; and Silvia Malagón, who covers banking, capital markets and funds. Banco del Bajío is another key client.

Leading lawyers

Alberto de la Parra - Jones Day

Fernando de Ovando - Jones Day

Javier Martínez del Campo - Jones Day

[back to top]

Capital markets
Capital markets - ranked: tier 2

Jones Day

The eight-strong capital markets team at Jones Day advises Mexican issuers and underwriters on debt and equity offerings and is also well-known for establishing mutual funds, pension funds and brokerage firms. Recent work saw the firm handle transactions under Mexican and foreign law (Rule 144A/Reg S), as well as assist funds with a variety of issues. Practice head and fund specialist Silvia Malagón had a very active year, assisting SAM Asset Management with obtaining authorisation from the National Banking and Securities Commission for seven mergers of 19 mutual funds; Scotia Fondos concerning the incorporation of three mutual funds; SURA Investment Management México regarding the incorporation of two mutual funds, MONEDA and SURMILA – the latter being listed on the Integrated Latin American Market (MILA). In all three cases Malagón relied on the support of senior associate Eduardo Mendoza. On the international side, Alberto de la Parra was assisted by Carlos Sámano on advice to BBVA Bancomer, Credit Suisse, Santander, GBM, and Inbursa, as placement intermediaries, in connection with GMexico Transportes’ $996m global offering under Rule 144A/Reg S and IPO on the Mexican Stock Exchange (BMV); Fernando de Ovando, in conjunction with Mauricio Castilla and Sámano, acted as counsel to Banco del Bajío on its $475.2m global offering under Rule 144A/Reg S and Mexican stock market IPO and listing; Javier Martinez del Campo (working with Sámano and Victoria Rivera Torres, as well as Boris Dolgonos, Peter Devlin, Patrick Bussard in New York), assisted Grupo Kuo in the Rule 144A/Reg S issuance of senior notes for the value of $450m, due in 2027. In other work, Antonio Franck advised Prodemex on establishing a Fibra E comprising three federal prisons in the states of Durango, Michoacán, and Mexico, with a value of $450m. Franck was assisted by Sámano, who led advice to Crédito Real, as issuer, on its Rule 144A/Reg S $230m perpetual notes to qualified investors in the US and in the implementation of a dual stock certificate program for an authorised total amount of $405m. Additional support comes from associates Arturo de la Parra and Mauricio Bahena.

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 2

Jones Day

Always full of quality and very accurate’, the ‘very professional’ team at Jones Day is praised as being ‘very assertive’ in its advice. Gabriel Altamirano and Bertha Ordaz jointly lead the team, which covers both the contentious and non-contentious side of antitrust and is well versed in regulated sectors such as telecoms. Procter & Gamble is a major client; the firm recently advised it on the $113m sale of a property to DI Metropolitano, which required clearance from COFECE. The group continues to advise Ferrocarril y Terminal del Valle de Mexico on a market dominance investigation.

[back to top]

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

Jones Day

The ‘very professional, well-prepared’ team at Jones Day is praised for its ‘quick responses and full availability’ and ‘total focus’ on the client. The practice is an increasingly active presence in the market and is held in high regard by peers and clients. The team is jointly led by Javier Martínez del Campo and Mauricio Castilla, and while it will miss Luis Rubio, who left for Holland & Knight, it still boasts several other high-calibre partners, including Antonio Franck and Manuel Romano. Among a number of significant recent transactions, it advised Patrón Spirits International on its $5.1bn takeover by Bacardi, one of the largest Mexican deals of the past year. The firm also advised Methode Electronics on its $114m acquisition of Pacific Insight Electronics.

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 3

Jones Day

Jones Day has a strong, nine-lawyer team that works closely with disputes specialists throughout the firm’s global network of offices, handling an impressive mix of domestic litigation and international arbitration. It recently represented Minera Mexico in a $100m insurance claim concerning damages suffered due to a three-year strike at Grupo México’s largest mine. The firm is also defending Remy Components in a claim filed by a former vendor after the termination of a contract following claims that the vendor had been acting fraudulently; and has been representing Roku in a constitutional appeal against an injunction obtained by Izzi Telecom prohibiting the sale and distribution of Roku products. Joint practice heads Antonio González and José Antonio Vázquez both come highly recommended by clients.

[back to top]

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

Jones Day

The energy practice at Jones Day provides its clients with ‘a lot of practical and technical depth, and reliable, business-oriented advice’. The Mexican side of the practice forms an integral part of a broader Latin America practice, with lawyers working out of New York, Miami and Mexico City. Mexico head Manuel Romano is ‘business-oriented, practical and precise’, and ‘an exceptional projects lawyer’. The firm advised Andeavor on structuring an agreement with an affiliate of Profuels, for the supply of ARCO-branded and unbranded gasoline and diesel; and advised JinkoSolar on the development and financing of three solar power facilities with a combined 188MW capacity. Other key partners include electricity expert José Estandía, and Alberto de la Parra and Antonio Franck for energy infrastructure projects.

[back to top]

Environment
Environment - ranked: tier 2

Jones Day

The ‘excellent’ team at Jones Day is commended for its ‘good response times, concrete solutions and extensive experience of the subject’, with group head Mauricio Llamas noted for his ‘excellent command of the issues and relationship with the client’. The firm remains involved in some of the market’s most cutting-edge mandates, providing environmental advice to the Mexico City Airport Group on the construction of the new airport, and also advising the client on a $4bn green bond issue, the largest ever green bond issue globally. Other major clients include Procter & Gamble, Toyota, and Goodyear Tire Company.

Leading lawyers

Mauricio Llamas - Jones Day

Next generation lawyers

Mauricio Villegas - Jones Day

[back to top]

International trade and customs
International trade and customs - ranked: tier 2

Jones Day

The departure of Luis Rubio to Holland & Knight appears to have affected some of Jones Day’s practices more than it did the office’s IT&C activity, in part due to the continued presence of counsel Javier Cortes, the team’s key practitioner, at the firm. Cortes and the rest of the team (five in total) continue to advise clients on the full array of trade matters, with a special focus on maquiladora, regulatory, and FTA matters, as well as litigation; it can also call on the firm’s international network. The team overseen by government regulation practitioner Mauricio Llamas, who has over 25 years’ experience in customs duties and maquila matters, as well as at the Mexican tax authority (SAT). Recent work saw the team advise Manhattan Beachwear on the trade and customs, maquila, and administrative litigation issues related to a restructuring in Mexico; Jinko Solar (as sponsor) and its project company, Solar Park Viborillas, on securing duty reductions through a Sectorial Program (PROSEC), within the context of a $100m bridge loan provided by Natixis; and Andeavor (formerly Tesoro) on regulations and procedures regarding the importation of gasoline. Cortes led, co-led or acted on all these cases and also assisted RCMA Americas on an antidumping investigation procedure into rubber imports; Dufry with importing merchandise for duty free shops and with updating and renewing the administrative customs authorisations of said shops; and Husqvarna with several matters, including restructuring of its logistic procedures and customs department functions. Other clients include Gildan / Allstyle, UPS, Reebok/Adidas, Lanxess, Cardinal Health, and Rassini.

[back to top]

Projects and infrastructure
Projects and infrastructure - ranked: tier 1

Jones Day

The top-quality projects team at Jones Day brings ‘a lot of practical and technical depth and reliable business-oriented advice’ to the table, advising sponsors and lenders. Among the international firms, it is ‘one of the few with true LatAm experience’. Practice co-head Alberto de la Parra has an impeccable pedigree advising on major infrastructure developments and led the advice to Group Aeroportuario de la Ciudad de Mexico on its $3bn New Mexico City Airport project. Other key individuals include co-head José Estandía, Antonio Franck, and the ‘practical and preciseManuel Romano, who is ‘an exceptional projects lawyer’. The firm also advised Invex Infraestructura and Gas Natural del Noreste on the $700m development, financing and operation of a pipeline, port and storage terminal project in Tuxpan.

Leading lawyers

Alberto de la Parra - Jones Day

Next generation lawyers

Selene Espinosa - Jones Day

[back to top]

Real estate
Real estate - ranked: tier 2

Jones Day

The nine lawyers that form the real estate practice at Jones Day offer a broad range of expertise that encompasses every angle of a real estate project development, including finance and tax. In addition, the team can draw on the environmental expertise of Mauricio Llamas, and while 2017 mandates were mainly domestic, it also has recourse to the firm’s international network. The team maintains a roster of loyal clients, including the Holley Group, which practice head Manuel Romano and Llamas continued to advise regarding a $500m industrial park development (including the purchase of 150 hectares of land), in Nuevo León. The two form the core of the group, and they also assisted the Crowne Group with the sale and lease back of an industrial facility in Reynosa. Other work highlights included assisting MGM Innova Capital, as seller and lessor, in a structured finance transaction with Promotora Sunset Beach Clubs; Goodyear, with issues related to the regulatory and EH&S compliance and permitting of a $500m tyre plant currently in development in San Luis Potosí; and Petrofac in relation to migrating its contracts with PEMEX to the new regime in which the client becomes a PEMEX partner directly executing oil exploration and exploitation activities (thereby involving the need to acquire or lease the land on which the oil fields are located and establish the benefits that will accrue to the land owners. Rodrigo Gómez handles the tax aspects of real estate work. Active clients include Procter & Gamble, Toyota, Mision XII, and Lowe’s.

Leading lawyers

Manuel Romano - Jones Day

[back to top]

TMT
TMT - ranked: tier 3

Jones Day

The core TMT group at Jones Day jumped ship to Holland & Knight in 2017, leaving a team of two, led by Bertha Ordaz, and some good clients, although it remains to be seen how the firm will fare in this area. Recent work for the group involved advising on transactional, regulatory and litigation matters connected to media, satellite, e-commerce, and the telecom and internet connections sectors. Specific examples include advising inflight communications provider SITA OnAir on a government procurement project for the sale, operation and technical support of border automation solutions (involving ABC kiosks in four airports in Mexico); Reebok on the implementation and operation of its e-commerce platform in Mexico, including contracting matters, as well as data- and consumer-protection aspects; and Ominspace on all its legal and regulatory matters, including applying for its first licence for satellite provision for mobile services, and an authorisation from the IFT for a complementary ground component (CGC) project. Practice head Ordaz has over 20 years’ experience in the sector, with a practice that includes antitrust, regulatory, licensing, and transactional work in industries such as satellites (including satellite procurement), pay TV, wireless telephony, e-commerce and aviation. She previously worked in-house at Satmex where she was general counsel. Other clients include Maxcom and Universal Pictures.

[back to top]

Tax
Tax - ranked: tier 3

Jones Day

The tax team at Jones Day is ‘competent, always available, and provides useful advice’. One of the first corporate firms to establish a tax practice (in 2011), while the team assists clients with tax planning and litigation, the practice is very much connected to transactional work. The core team is formed by practice head Rodrigo Gómez (‘he does important work’), and associates Luis Rodrigo Salinas and Andrés Lieja. The group has been active assisting with the tax aspects of a number of transactions, including BBVA Bancomer’s $861.6m global offering of common shares by GMéxico Transportes; Banco del Bajío’s $475.2m global IPO on the Mexican Stock Exchange; Group Kuo’s $450m and TV Azteca’s $400m international offerings of senior notes; and Methode Electronics’s $114m acquisition of Pacific Insight Electronics. While the Mexico office team remains smaller than many of its local competitors, it has the competitive advantage of being able to draw on the expertise of the firm’s international network. Other clients include BCP Securities, Jefferies, Morgan Stanley, Pacifico Aquaculture, and Fundación Appleseed Mexico.

Leading lawyers

Rodrigo Gómez - Jones Day

[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.

    - 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