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Jones Day

Work +52 55 3000 4000

Mauricio Castilla

Work +52 55 3000 4014
Jones Day

Work Department

Mergers & Acquisitions.



Mauricio Castilla practices corporate and securities law. He represents public and private companies in corporate finance and securitization transactions. He also has experience in international business transactions, including cross-border M&A deals and multinational joint ventures.

Mauricio counsels clients in credit financing, structuring, contract negotiation, financing, and post-financing negotiations. His banking experience includes advising borrowers who are parties to syndicated loans and debt restructurings.

Mauricio also is active in the banking regulatory field where he has obtained licenses and authorizations for banking and financial institution clients.


English, Spanish.




Escuela Libre de Derecho (Postgraduate tax studies 1995); Universidad Panamericana (Postgraduate finance and mercantile studies 1992; J.D. 1989).




Banking and finance

Within: Banking and finance

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.

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Capital markets

Within: Capital markets

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.

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Corporate and M&A

Within: Corporate and M&A

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.

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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.

    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 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.

    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.

    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.

    By Jose Luis Ramos-Zurita