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Proskauer Rose LLP

11 TIMES SQUARE, NEW YORK, NEW YORK 10036-8299, USA
Tel:
Work +1 212 969 3000
Fax:
Fax +1 212 969 2900
Email:
Web:
www.proskauer.com

Carlos Martinez

Tel:
Work (212) 969-3160
Email:
Proskauer Rose LLP

Work Department

Latin America

Position

Carlos Martinez is a partner and head of the Latin America Practice Group. Carlos has over 30 years of experience in Latin American cross-border transactions. He has participated in numerous debt and equity securities offerings by Latin American issuers, representing issuers, selling stockholders and underwriters. In the mergers and acquisitions area, Carlos has represented acquirers, investors and target companies in several cross-border transactions. He also represents creditors and borrowers in a wide range of other financial transactions, including bank lending, project finance, asset-backed financings and restructurings. Several of Carlos's transactions are considered “first-of-a-kind”.


Latin America: International firms

Banking and finance

Within: Banking and finance

Proskauer Rose LLP has a significant focus on the Brazil market, thanks in part to its sizeable presence in São Paulo. The diverse practice handles a range of financing products and the firm has gained particular traction in oil and gas sector financings, acquisition finance, bilateral and syndicated loans, securitisations, debtor-in-possession financings and regulatory capital transactions. The firm’s impressive standing among Brazil-based banks such as Banco BTG Pactual, Banco Itaú and Banco Rabobank International Brasil has positioned it well for an uptick in financing transactions in the jurisdiction (although is should be noted that some 50% of the practice’s workload is elsewhere in the region). ‘Very pragmatic, easy going and proactive’, the team offers ‘focused legal advice’ with ‘competitive rates’ and ‘a swift turnaround’, as well as ‘in-depth knowledge of the Brazilian market’. Furthermore, clients praise its expertise in structured finance, cross-border loans, banking regulatory issues and securities regulatory issues, calling it ‘superb across the board’. A team led by São Paulo partner Fábio Yamada impressed with its representation of Frontera Energy (formerly Pacific Exploration & Production) in the company’s $5.5bn debt restructuring; the agreement involved intense negotiations with the company’s bondholders, bank lenders and commercial creditors and was the largest restructuring in Colombia’s history. New York partner and co-head of the Latin America practice Carlos Martinez led the team that advised the Puerto Rico Oversight Board on the $7.7bn restructuring of the debt of Puerto Rico’s governmental development bank (BGF – Puerto Rico). Head of the São Paulo office and co-head of the Latin America practice Antonio Piccirillo has ‘in-depth knowledge of structured finance’, provides ‘high quality advice with excellent response times’ and is ‘very pragmatic and efficient’; he ‘really fights the points that are important’ and ‘works well to move things along and get clients on the same page’. UK and US-qualified São Paulo partner David Fenwick is another key member of the senior team.

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Capital markets

Within: Capital markets

Proskauer Rose LLP operates principally on the issuer side, working largely in middle market equity and debt deals. It has an especially strong record with first time issuers and financial institutions acting as issuers and has achieved a fine standing in hybrid financings and project bonds. An ‘excellent group of lawyers’, the team is a ‘"go-to" choice’ for clients who praise its ‘excellent response times’, ‘fantastic and detailed advice’ and ‘focus on practical solutions’; it is also ‘excellent value for money’. In 2017, it advised Banco GNB Sudameris on its $300m subordinated notes offering; Banco de Credito del Peru on the $150m redemption of subordinated notes; and LW Securities on a Reg S bond offering for Inversiones JMH, the holding company of the Diana food group in Colombia. Head of the São Paulo office Antonio Piccirillo and São Paulo partner Fábio Yamada are prominent names in Brazil and beyond, as is David Fenwick who ‘stands out as a lawyer who thinks through everything and sees all the issues, but never gets bogged down in the details’. New York-based head of the Latin America practice Carlos Martinezis very good at financings and general corporate advice and is an excellent lawyer at managing a team and a deal’.

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Corporate and M&A

Within: Corporate and M&A

Best known for middle market deals and transactions involving financial sponsors, Proskauer Rose LLPstand-out for its services and the different perspective each partner brings’. The firm has an established Latin America practice group, the core of which includes several natives of the region and a range of Spanish and Portuguese speakers. The team’s connections to Latin America have enabled it to develop an impressive list of local and regional clients. As an international law firm in São Paulo, it is somewhat unique in providing funds formation advice, enabling it also to access advisory roles with private equity houses and asset managers on transactions in Brazil, Colombia and Peru especially. ‘Very dynamic and accessible’, the team is ‘good value for money’, ‘responsive, and knowledgeable of the legal and market issues’; additionally, its ‘partners are hands-on’, provide ‘practical advice’ and ‘great service’ with ‘faster and more accurate responses’ than competitors, according to clients. Recent matters include advising Frontera Energy (formerly Pacific Exploration & Production), on its acquisition of the outstanding 36% ownership of Pacific Midstream from International Finance Corporation (IFC); and representing long-term global client AccorHotels on its $64m joint venture with Brazil Hospitality Group to manage a portfolio of 26 hotels in Brazil. In another middle market deal, it represented engineering and construction company Graña y Montero on its $85m sale of its stake in GMD to private equity firm Advent International. Highly focused on Latin America, Colombian-born Daniel Ganitsky is ‘an outstanding M&A lawyer’, while Latin America practice head Carlos Martinezexcels in M&A and capital markets’. Head of the São Paulo office Antonio Piccirillo is a ‘go-to lawyer’, who is admired for his ‘technical knowledge’, ‘broad experience with US and Brazilian legal issues, capacity to convey complex concepts in a simple way’ and ‘ability to establish a trusting relationship with clients’. Also ‘very experienced’, São Paulo-based Fábio Yamada is ‘a dynamic and hands-on partner’.

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United States: Finance

Capital markets: global offerings

Within: Capital markets: global offerings

Proskauer Rose LLP continues to increase its share and range of manager-side mandates, notably securing high-profile representations for JP Morgan, Deutsche Bank and Jefferies through 2017. However, company-side work remains the mainstay of its global practice and the team secures a significant volume of work relating to Latin American, European and Asian markets. New York-based Carlos Martinez heads the Latin American practice group and recently assisted Colombia’s Banco GNB Sudameris with its $300m subordinated note offering. In a headline European deal, New York-based global capital markets co-head Frank Lopez paired up with Maximilian Kirchner, who divides his time between New York and London, to advise Grifols on its €1bn high-yield bond offering. Among its equity highlights, the firm advised English retail bank Charter Court on its £253m IPO and it also assisted Turkish technology company Logo with its $234m secondary offering.

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United States: M&A/corporate and commercial

M&A: large deals ($1bn+)

Within: M&A: large deals ($1bn+)

Proskauer Rose LLP has an impressive standing on both the East and West coasts, with Los Angeles managing partner and co-head of the global M&A group Michael Woronoff being one of the most prominent M&A lawyers in California. The firm continues to impress in large-cap transactions, including those in the healthcare and life sciences, leisure and hospitality, technology, consumer products, real estate and sports sectors. It recently advised long-time client Celgene on its $9bn acquisition of Juno Therapeutics, and assisted Morgan Stanley as the financial adviser to Starwood Waypoint regarding its $20bn merger of equals with Invitation Homes. The firm has a fine record in cross-border deals, especially those involving Latin America; in this regard Carlos Martinez is a key partner. Other key clients include Accor, Ascena Retail Group, Arkema, Discovery Communications, Grifols and a series of prominent private equity houses. The ‘top-notch’ team provides ‘a service and advice that is consistently outstanding’. Ron Papa is co-head of the global M&A group and Robert Cantone is praised for his ‘knowledge, demeanor and professionalism’, with one client saying he is ‘one of the finest lawyers in the United States’. Jeffrey Horwitz has an outstanding record in real estate, leisure and hospitality deals, and Daniel Ganitsky is another prominent member of the team, especially in cross-border deals. Named attorneys are based in New York unless otherwise stated.

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