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AV JOSÉ LARCO 1301, TORRE PARQUE MAR, MIRAFLORES, LIMA 18, PERU
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Work +51 1 610 4747
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Fax +51 1 610 4748
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Web:
www.mafirma.pe

Latin America: International firms

Local practitioners of note (by country)

According to clients, Bullard Falla Ezcurra Abogados’ Alfredo Bullard is ‘one of the best international arbitration practitioners in Latin America’, regularly acting as both an arbitrator and as counsel; his colleague Huáscar Ezcurra is also ‘a very seasoned arbitration specialist’. Miranda & Amado is noted for its expertise in the oil and gas, construction and transport sectors, and the team includes a number of highly regarded practitioners, such as José Daniel Amado, Mauricio Raffo, Luis Miranda and the ‘up-and-coming’ Martín Chocano. At Rodrigo, Elías & Medrano – Abogados, Alejandro Manayalle ‘understands the business concerns of his clients and is able to effectively advocate to achieve their goals’; José Tam and Luis Bedoya are further names to note. The team handles a mix of commercial arbitration and investment treaty disputes. Juan José Cárdenas at Rebaza, Alcázar & De Las Casas is ‘extremely hard-working, business savvy, and a solid legal thinker’. President of the Peruvian Arbitration Institute, Carlos Soto is also noted.

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Peru

Banking and finance
Banking and finance - ranked: tier 1

Miranda & Amado

The ‘exceptional’ team at Miranda & Amado draws widespread praise both locally and internationally for its expertise in sophisticated transactions and bank regulatory work, including an impressive track record in establishing and licensing new banks in the jurisdiction. Indeed, it’s regulatory work is ‘at the highest level within Peru and compares very favourably with international firms’, while overall the firm is ‘among the best in Peru in banking and financial matters’. Accordingly, it is the preferred choice for an array of market-leading banks and financial institutions, such as JP Morgan Chase, HSBC and Citibank. The firm acted for Bank of America, Citigroup, Credicorp Capital and JP Morgan Chase as underwriters of Peru LNG’s $940m senior notes issue, and advised leading domestic bank trio BBVA Banco Continental, Banco de Crédito del Perú (BCP) and Scotiabank Peru on their $174m syndicated loan to the Metropolitan Municipality of Lima for its 2016-18 investment plan. Other showcase deals include advice to French investment bank, Natixis and ABN AMRO on their refinancing of a £475m credit facility for commodity trading and logistics company Trafigura Peru, while project finance work included advising Banco Santander and Corporación Andina de Fomento (CAF) on its $183m loan to Terminal Portuario Paracas for the development and upgrade of the Puerto General San Martín de Pisco project. Fees are ‘very reasonable for the quality of the work provided’. Key figures in the ‘knowledgeable’ and well-resourced team are: department head José Miguel Puiggros; Rafael Corzo and Nydia Guevara who together are noted for their ‘good knowledge of the industry’; Juan Luis Avendaño Cisneros, who is ‘very good, not only at providing legal advice but in explaining the regulatory environment’; Roberto MacLean; and Luis Marcelo De-Bernardis.

Leading lawyers

Juan Luis Avendaño Cisneros - Miranda & Amado

Roberto MacLean - Miranda & Amado

Next generation lawyers

Álvaro del Valle - Miranda & Amado

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Bankruptcy and restructuring
Bankruptcy and restructuring - ranked: tier 2

Miranda & Amado

Miranda & Amado is strong in all areas of insolvency and restructuring under the leadership of specialist Rafael Corzo, who has ‘extensive experience’, particularly in insolvency. He is flanked by of counsel Renzo Agurto, whose areas of expertise include corporate reorganisation, wind-up procedures and liquidations. The firm’s large banking client base lends to a creditor-focused practice, but the six-lawyer team also advises regulated entities and distressed companies, if required. An extensive caseload includes continued advice to mining company Compañía Minera Santa Inés y Morococha (CMSIM) in its $48m claims concerning the insolvent Castrovirreyna Compañía Minera; and representing non-bank, e-money issuer Jupiter Technology Peru in voluntary dissolution and liquidation proceedings. Deutsche Bank Peru is also a client.

Next generation lawyers

Lisbeth Benavides - Miranda & Amado

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Competition and antitrust
Competition and antitrust - ranked: tier 2

Miranda & Amado

Miranda & Amadopossesses an in-depth knowledge of the local legal framework relating to antitrust issues’, particularly since the return of ‘great antitrust lawyerEnrique Felices from his government role, who brings ‘additional credibility with clients’ and provides a ‘boost to an otherwise young and dynamic team. He joins head of department Luis Vinatea. A stellar client list includes Philip Morris International and Toyota del Perú, which the firm advise on daily matters, and Telefónica del Perú, which it is representing in an abuse of dominant position complaint. The team endured four non-partner level departures to in-house roles, including highly-rated counsel Alfonso Rivera.

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

Miranda & Amado

Miranda & Amado remains hard to beat for complex, high-value and cross-border transactions, often earning the role of regional Latin American co-ordinator for deals. The heavyweight, 26-lawyer team, matched in resources by few firms in the market, provides ‘excellent industry knowledge, good response times and precise advice’. Clients also rate the personalised service: namely, attention from partners and an understanding of the client’s business. Luis Miranda succeeded Bruno Amiel as corporate head, with Amiel stepping up into the firm’s strategy committee. Miranda brings ‘commitment and creativity’ to the table and led advice to fuel retailer Primax on its $300m purchase of almost 450 petrol stations from competitor Grupo Pecsa. The experienced Roberto MacLean, assisted by banking and insurance specialist Rafael Corzo and head of tax Rocío Liu, acted for Intercorp Financial Services on its $268m acquisition of Peruvian insurance and mortgage companies Seguros Sura and Hipotecaria Sura from Sura Asset Management and Group Wiese respectively. The department’s six corporate and M&A-focused partners also include: the ‘very sharpBruno Amiel, who has a ‘strong character which is perfect in a tough negotiation environment’; Nathalie Paredes, who led TC Latin America Partners on its acquisition of Villa en El Polo real estate project, comprising the construction of 941 apartments in Lima; and Anahi Com. The 20-strong associate bench includes María Pía Talavera, who ‘stands out’ for her ‘relevant legal advice’. Clients include Telefónica del Perú, International Finance Corporation (IFC) and Mexican pharmaceutical, Laboratorios Sanfer.

Leading lawyers

Bruno Amiel - Miranda & Amado

Next generation lawyers

Katherine Torres - Miranda & Amado

María Pía Talavera - Miranda & Amado

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Dispute resolution
Dispute resolution - ranked: tier 1

Miranda & Amado

Miranda & Amado stands out for the sheer size of its practice, strength-in-depth and proven expertise in complex and high-stakes litigation and arbitration. In particular, it has standout experience in regulatory disputes in the electricity, oil and gas, mining, real estate and telecoms sectors. Clients highlight the firm’s procedural knowledge, which is ‘outstanding’, its solution-driven approach and ‘strategic thinking.’ At the helm, Mauricio Raffo is a ‘very skilled trial lawyer’ noted for his creativity and honesty; Raffo and his team are ‘doing an extraordinary job’, while Juan Luis Avendaño V is widely acknowledged as a leading litigator. The practice was boosted by the arrival of eight associates and two partners – Giovanni Priori, who has ‘extensive experience in litigation’ and ‘knows the courts’, and Santiago Carrillo – from legacy dispute resolution boutique, Priori & Carrillo Abogados, which was absorbed by the firm. It also hired regulatory litigator Willy Pedreschi from Benites, Vargas & Ugaz. The team is defending Telefónica del Perú (TdP) in the Supreme Court in claims brought by America Móvil concerning interconnection infringements, claims which were thrown out at the lower court. Boasting a leading international arbitration practice, the firm is representing APM Terminals Callao, part of Maersk Transport and Logistics, in a variety of disputes including one against the state (concerning the construction of a Peruvian port), which was recently filed at the ISCID. The matter is led by arbitration specialist José Daniel Amado. Repsol Group, Siemens and Petroperu all instruct the firm.

Leading lawyers

Juan Luis Avendaño V - Miranda & Amado

Next generation lawyers

Rodrigo Urrutia - Miranda & Amado

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Environment
Environment - ranked: tier 1

Miranda & Amado

One of the best firms in this area’, Miranda & Amado dedicates three full-time associates to the practice, including senior Alberto Ventura Rivas, with the team led by natural resources specialist, recently elected co-managing partner Alberto Delgado. The team focuses on the environmental needs of its high-calibre client base, which includes Engie Energía Perú, Repsol Exploración Perú and Minera Las Bambas. Recent instructions included advising new client Transportadora de Gas del Perú (TGP) on compliance matters concerning the operation of its hydrocarbon transportation system pipeline as well as representation in administrative sanction proceedings brought by OEFA and OSINERGMIN.

Next generation lawyers

Alberto Ventura Rivas - Miranda & Amado

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Insurance
Insurance - ranked: tier 2

Miranda & Amado

Miranda & Amado fields a strong team in this area, which provides ‘very solid advice and expertise’ and is closely linked to its market-leading finance practice. Rafael Corzo has ‘deep knowledge’ and leads the practice alongside Anahi Com; while of counsel Eduardo Wiese and associate José Villafuerte provide regulatory know-how. The team is lead counsel to one of the two most dominant insurers in the Peruvian market, RIMAC Seguros, and gained Intercorp Financial Services/Interseguro Compañía de Seguros and Belcorp International as new clients this year. Matters included assisting the Peruvian Association of Insurance Companies (APESEG) with the drafting of new regulations for insurance coverage of the private pension system.

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Labour and employment
Labour and employment - ranked: tier 1

Miranda & Amado

The best in Peru’, Miranda & Amado has unrivalled strength in depth, ensuring a market-leading service across all labour law issues, including restructuring strategy, complex litigation, collective bargaining and negotiations with unions and the government, and social security advice. Four partners lead the 36-strong department, namely: Jorge Toyama, who ‘really is a star’; Alfredo Salvador, a ‘great lawyer’ who is ‘skilled’ and ‘creative’; ‘very goodLuis Vinatea; and Renato Mejía. Overall, the team’s ‘handling of substantive and procedural law puts them above any other law firm’ and consequently, numerous major domestic and international companies instruct the firm – Siemens, Citigroup, Telefónica del Perú and Procter & Gamble Peru, to name a few. Toyama and Salvador are leading advice to Grupo Repsol del Perú in both judicial and administrative proceedings concerning various labour issues, including company reorganisation and collective bargaining. The pair are also advising Banco de Credito del Peru in a collective bargaining process involving 12,000 employees nationally, while Vinatea and Toyama are acting for Lima Airport Partners in strategically-key proceedings relating to salary differences. Roberto Matallana was promoted to partner.

Leading lawyers

Jorge Toyama - Miranda & Amado

Luis Vinatea - Miranda & Amado

Next generation lawyers

Carlos Cadillo - Miranda & Amado

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Projects and infrastructure
Projects and infrastructure - ranked: tier 1

Miranda & Amado

Miranda & Amado is a heavyweight in the sector, providing ‘superb service delivery’ that is ‘super responsive’ and ‘commercial’. A regular in key matters, it recently acted for Banco Santander and Corporación Andina de Fomento (CAF) on its $183m loan to Terminal Portuario Paracas for the development and upgrade of Puerto General San Martín de Pisco project. Past matters also included advice to Minera Las Bambas on the $131m credit facility for PeruRail to build a transfer station in Pillones (for the transportation of copper to the port of Matarani) and acting for Petróleos del Perú on the project development and financing for the modernisation and expansion of the Talara crude oil refinery. The practice is co-lead by energy experts Luis Marcelo De-Bernardis, who has ‘an incredible wealth of knowledge’; and the ‘very intelligent and analytical’ Alberto Delgado. Jorge Córdova moved to DLA Piper Pizarro Botto Escobar, but Enrique Felices re-joined the firm following two years’ absence undertaking senior roles within the government and the OECD.

Leading lawyers

Enrique Felices - Miranda & Amado

Luis Marcelo De-Bernardis - Miranda & Amado

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Public law and regulation
Public law and regulation - ranked: tier 2

Miranda & Amado

Miranda & Amado utilises cross-departmental expertise in areas such as projects, energy, environmental law and dispute resolution, matched by public law and regulatory capability, to handle a broad range of matters. It is advising ABL Pharma and Grunenthal on a government-led bid to purchase the medicine Olanzapina and is acting for Prosegur Tecnología in a public procurement called by the National Bank to install and maintain security cameras and video vigilance for its agencies nationwide. Both matters are led by practice head and firm co-managing partner Luis Vinatea, who is also known for his labour law expertise. Clients highlight counsel Marife Martinelli for her ‘extensive knowledge of the energy sector and regulation of natural gas’, while fellow counsel Willy Pedreschi joined the firm from Benites, Vargas & Ugaz.

Leading lawyers

Luis Vinatea - Miranda & Amado

Next generation lawyers

Claudia Tengan - Miranda & Amado

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Real estate
Real estate - ranked: tier 1

Miranda & Amado

A top player in the market’, Miranda & Amado has ‘tons of experience in real estate’ and handles some of the largest transactions and developments in the country. Clients highlight the team’s knowledge, fast response times and personalised attention and include those drawn from the energy, mining and infrastructure sectors, as well as developers, investors, real estate funds and acquirors. Recent instructions include advising Terranum Capital Latin America Real Estate Fund on a significant housing development, with projected investment of $400m; and acting for new client H&M Hennes & Mauritz on all its commercial premises and new projects. Contentious work includes acting for beauty retailer Cetco, a subsidiary of Belcorp, in a real estate dispute concerning 5,500m² of property in Lima. The very experienced Claudia Lucena heads the practice and stands out for her ‘appropriate answers’ and ‘ample knowledge of the real estate business in all phases’.

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Tax
Tax - ranked: tier 2

Miranda & Amado

Miranda & Amado’s in-demand, standalone tax department is steered by the highly-experienced Rocío Liu, known for her skills as a tax litigator. She is supported by the popular Pablo Sotomayor and a seven-strong associate team, which overall, is particularly well-versed in advising highly-regulated sectors such as banking, telecoms, energy and natural resources. Lui successfully led advice to Kimberly-Clark Peru in its precedent-setting case against the SUNAT regarding the tax status of voluntary profit-sharing granted to employees; she is now advising on a similar case on behalf of Banco de Crédito del Perú, with $20.7m in dispute. On the non-contentious side, Lui led tax advice to Intercorp on its $268m acquisition of the local insurance and mortgage administration businesses of Colombia’s Sura Asset Management. Telefónica del Perú, Engie Energía Perú and Enel Group are clients of the practice.

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Peru: Energy and natural resources

Electricity
Energy and natural resources: electricity - ranked: tier 1

Miranda & Amado

Miranda & Amado’s market-leading corporate, financial, regulatory and litigation lawyers provide ‘superior expertise’ and a 360° service to clients in this sector. Overseeing the electricity practice is Luis Marcelo De-Bernardis, who has an ‘incredible wealth of knowledge’, while counsel Marife Martinelli is recognised for her experience in regulatory matters. Past instructions include acting for Cerro Del Aguila on the financing, construction and operation of its hydroelectric plant in Huancavelica, central Peru (value $950m); while other clients include Energia Peru, Termochilca and Lineas de Transmision Peruanas. Respected regulatory counsel Alfonso Rivera and associate Juan Chang left the firm to assume roles in-house.

Leading lawyers

Luis Marcelo De-Bernardis - Miranda & Amado

Next generation lawyers

Marife Martinelli - Miranda & Amado

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

Miranda & Amado

Miranda & Amado is ‘top notch, provides superb service delivery’ and ‘is super responsive and commercial’. Clients also appreciate the firm’s ‘excellent subject matter knowledge’ and ‘would not hesitate to recommend it’. Such high praise is largely targeted at head of practice Alberto Delgado and fellow partner Guillermo Bracamonte, who lead a team of six associates. The team’s client list includes sector stars Anglo American, Rio Tinto, Glencore-Xstrata and Las Bambas Mining Company, while recent instructions include advising Australia’s Red Citadel Resources on establishing operations in Peru. The firm also acted for Bear Creek Mining in its $522m rights dispute over the Santa Ana Project against the Peruvian State. Delgado assumed the position of co-managing partner of the firm in 2018.

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Oil and gas
Energy and natural resources: oil and gas - ranked: tier 2

Miranda & Amado

Miranda & Amado excels in major projects, M&A, finance and disputes in this sector, but also has the regulatory expertise necessary for key instructions. For example, it continues its role as lead adviser to Petroperu on the development and financing of the Talara crude oil refinery, most recently advising on its $2bn bond issue to raise finance to upgrade the refinery. Other work includes acting for Gas Natural Fenosa on the concession for the expansion of natural gas services nationwide, a mandate won following a public bid. The practice is co-led by Luis Marcelo De-Bernardis, client partner to Petroperu, and Alberto Delgado, who is ‘very intelligent and analytical’ and ‘able to answer questions quickly and with substance’.

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Latin America: International firms

Local practitioners of note (by country)

According to clients, Bullard Falla Ezcurra Abogados’ Alfredo Bullard is ‘one of the best international arbitration practitioners in Latin America’, regularly acting as both an arbitrator and as counsel; his colleague Huáscar Ezcurra is also ‘a very seasoned arbitration specialist’. Miranda & Amado is noted for its expertise in the oil and gas, construction and transport sectors, and the team includes a number of highly regarded practitioners, such as José Daniel Amado, Mauricio Raffo, Luis Miranda and the ‘up-and-coming’ Martín Chocano. At Rodrigo, Elías & Medrano – Abogados, Alejandro Manayalle ‘understands the business concerns of his clients and is able to effectively advocate to achieve their goals’; José Tam and Luis Bedoya are further names to note. The team handles a mix of commercial arbitration and investment treaty disputes. Juan José Cárdenas at Rebaza, Alcázar & De Las Casas is ‘extremely hard-working, business savvy, and a solid legal thinker’. President of the Peruvian Arbitration Institute, Carlos Soto is also noted.

[back to top]

Peru

Banking and finance
Banking and finance - ranked: tier 1

Miranda & Amado

The ‘exceptional’ team at Miranda & Amado draws widespread praise both locally and internationally for its expertise in sophisticated transactions and bank regulatory work, including an impressive track record in establishing and licensing new banks in the jurisdiction. Indeed, it’s regulatory work is ‘at the highest level within Peru and compares very favourably with international firms’, while overall the firm is ‘among the best in Peru in banking and financial matters’. Accordingly, it is the preferred choice for an array of market-leading banks and financial institutions, such as JP Morgan Chase, HSBC and Citibank. The firm acted for Bank of America, Citigroup, Credicorp Capital and JP Morgan Chase as underwriters of Peru LNG’s $940m senior notes issue, and advised leading domestic bank trio BBVA Banco Continental, Banco de Crédito del Perú (BCP) and Scotiabank Peru on their $174m syndicated loan to the Metropolitan Municipality of Lima for its 2016-18 investment plan. Other showcase deals include advice to French investment bank, Natixis and ABN AMRO on their refinancing of a £475m credit facility for commodity trading and logistics company Trafigura Peru, while project finance work included advising Banco Santander and Corporación Andina de Fomento (CAF) on its $183m loan to Terminal Portuario Paracas for the development and upgrade of the Puerto General San Martín de Pisco project. Fees are ‘very reasonable for the quality of the work provided’. Key figures in the ‘knowledgeable’ and well-resourced team are: department head José Miguel Puiggros; Rafael Corzo and Nydia Guevara who together are noted for their ‘good knowledge of the industry’; Juan Luis Avendaño Cisneros, who is ‘very good, not only at providing legal advice but in explaining the regulatory environment’; Roberto MacLean; and Luis Marcelo De-Bernardis.

Leading lawyers

Juan Luis Avendaño Cisneros - Miranda & Amado

Roberto MacLean - Miranda & Amado

Next generation lawyers

Álvaro del Valle - Miranda & Amado

[back to top]

Bankruptcy and restructuring
Bankruptcy and restructuring - ranked: tier 2

Miranda & Amado

Miranda & Amado is strong in all areas of insolvency and restructuring under the leadership of specialist Rafael Corzo, who has ‘extensive experience’, particularly in insolvency. He is flanked by of counsel Renzo Agurto, whose areas of expertise include corporate reorganisation, wind-up procedures and liquidations. The firm’s large banking client base lends to a creditor-focused practice, but the six-lawyer team also advises regulated entities and distressed companies, if required. An extensive caseload includes continued advice to mining company Compañía Minera Santa Inés y Morococha (CMSIM) in its $48m claims concerning the insolvent Castrovirreyna Compañía Minera; and representing non-bank, e-money issuer Jupiter Technology Peru in voluntary dissolution and liquidation proceedings. Deutsche Bank Peru is also a client.

Next generation lawyers

Lisbeth Benavides - Miranda & Amado

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 2

Miranda & Amado

Miranda & Amadopossesses an in-depth knowledge of the local legal framework relating to antitrust issues’, particularly since the return of ‘great antitrust lawyerEnrique Felices from his government role, who brings ‘additional credibility with clients’ and provides a ‘boost to an otherwise young and dynamic team. He joins head of department Luis Vinatea. A stellar client list includes Philip Morris International and Toyota del Perú, which the firm advise on daily matters, and Telefónica del Perú, which it is representing in an abuse of dominant position complaint. The team endured four non-partner level departures to in-house roles, including highly-rated counsel Alfonso Rivera.

[back to top]

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

Miranda & Amado

Miranda & Amado remains hard to beat for complex, high-value and cross-border transactions, often earning the role of regional Latin American co-ordinator for deals. The heavyweight, 26-lawyer team, matched in resources by few firms in the market, provides ‘excellent industry knowledge, good response times and precise advice’. Clients also rate the personalised service: namely, attention from partners and an understanding of the client’s business. Luis Miranda succeeded Bruno Amiel as corporate head, with Amiel stepping up into the firm’s strategy committee. Miranda brings ‘commitment and creativity’ to the table and led advice to fuel retailer Primax on its $300m purchase of almost 450 petrol stations from competitor Grupo Pecsa. The experienced Roberto MacLean, assisted by banking and insurance specialist Rafael Corzo and head of tax Rocío Liu, acted for Intercorp Financial Services on its $268m acquisition of Peruvian insurance and mortgage companies Seguros Sura and Hipotecaria Sura from Sura Asset Management and Group Wiese respectively. The department’s six corporate and M&A-focused partners also include: the ‘very sharpBruno Amiel, who has a ‘strong character which is perfect in a tough negotiation environment’; Nathalie Paredes, who led TC Latin America Partners on its acquisition of Villa en El Polo real estate project, comprising the construction of 941 apartments in Lima; and Anahi Com. The 20-strong associate bench includes María Pía Talavera, who ‘stands out’ for her ‘relevant legal advice’. Clients include Telefónica del Perú, International Finance Corporation (IFC) and Mexican pharmaceutical, Laboratorios Sanfer.

Leading lawyers

Bruno Amiel - Miranda & Amado

Next generation lawyers

Katherine Torres - Miranda & Amado

María Pía Talavera - Miranda & Amado

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 1

Miranda & Amado

Miranda & Amado stands out for the sheer size of its practice, strength-in-depth and proven expertise in complex and high-stakes litigation and arbitration. In particular, it has standout experience in regulatory disputes in the electricity, oil and gas, mining, real estate and telecoms sectors. Clients highlight the firm’s procedural knowledge, which is ‘outstanding’, its solution-driven approach and ‘strategic thinking.’ At the helm, Mauricio Raffo is a ‘very skilled trial lawyer’ noted for his creativity and honesty; Raffo and his team are ‘doing an extraordinary job’, while Juan Luis Avendaño V is widely acknowledged as a leading litigator. The practice was boosted by the arrival of eight associates and two partners – Giovanni Priori, who has ‘extensive experience in litigation’ and ‘knows the courts’, and Santiago Carrillo – from legacy dispute resolution boutique, Priori & Carrillo Abogados, which was absorbed by the firm. It also hired regulatory litigator Willy Pedreschi from Benites, Vargas & Ugaz. The team is defending Telefónica del Perú (TdP) in the Supreme Court in claims brought by America Móvil concerning interconnection infringements, claims which were thrown out at the lower court. Boasting a leading international arbitration practice, the firm is representing APM Terminals Callao, part of Maersk Transport and Logistics, in a variety of disputes including one against the state (concerning the construction of a Peruvian port), which was recently filed at the ISCID. The matter is led by arbitration specialist José Daniel Amado. Repsol Group, Siemens and Petroperu all instruct the firm.

Leading lawyers

Juan Luis Avendaño V - Miranda & Amado

Next generation lawyers

Rodrigo Urrutia - Miranda & Amado

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Environment
Environment - ranked: tier 1

Miranda & Amado

One of the best firms in this area’, Miranda & Amado dedicates three full-time associates to the practice, including senior Alberto Ventura Rivas, with the team led by natural resources specialist, recently elected co-managing partner Alberto Delgado. The team focuses on the environmental needs of its high-calibre client base, which includes Engie Energía Perú, Repsol Exploración Perú and Minera Las Bambas. Recent instructions included advising new client Transportadora de Gas del Perú (TGP) on compliance matters concerning the operation of its hydrocarbon transportation system pipeline as well as representation in administrative sanction proceedings brought by OEFA and OSINERGMIN.

Next generation lawyers

Alberto Ventura Rivas - Miranda & Amado

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Insurance
Insurance - ranked: tier 2

Miranda & Amado

Miranda & Amado fields a strong team in this area, which provides ‘very solid advice and expertise’ and is closely linked to its market-leading finance practice. Rafael Corzo has ‘deep knowledge’ and leads the practice alongside Anahi Com; while of counsel Eduardo Wiese and associate José Villafuerte provide regulatory know-how. The team is lead counsel to one of the two most dominant insurers in the Peruvian market, RIMAC Seguros, and gained Intercorp Financial Services/Interseguro Compañía de Seguros and Belcorp International as new clients this year. Matters included assisting the Peruvian Association of Insurance Companies (APESEG) with the drafting of new regulations for insurance coverage of the private pension system.

[back to top]

Labour and employment
Labour and employment - ranked: tier 1

Miranda & Amado

The best in Peru’, Miranda & Amado has unrivalled strength in depth, ensuring a market-leading service across all labour law issues, including restructuring strategy, complex litigation, collective bargaining and negotiations with unions and the government, and social security advice. Four partners lead the 36-strong department, namely: Jorge Toyama, who ‘really is a star’; Alfredo Salvador, a ‘great lawyer’ who is ‘skilled’ and ‘creative’; ‘very goodLuis Vinatea; and Renato Mejía. Overall, the team’s ‘handling of substantive and procedural law puts them above any other law firm’ and consequently, numerous major domestic and international companies instruct the firm – Siemens, Citigroup, Telefónica del Perú and Procter & Gamble Peru, to name a few. Toyama and Salvador are leading advice to Grupo Repsol del Perú in both judicial and administrative proceedings concerning various labour issues, including company reorganisation and collective bargaining. The pair are also advising Banco de Credito del Peru in a collective bargaining process involving 12,000 employees nationally, while Vinatea and Toyama are acting for Lima Airport Partners in strategically-key proceedings relating to salary differences. Roberto Matallana was promoted to partner.

Leading lawyers

Jorge Toyama - Miranda & Amado

Luis Vinatea - Miranda & Amado

Next generation lawyers

Carlos Cadillo - Miranda & Amado

[back to top]

Projects and infrastructure
Projects and infrastructure - ranked: tier 1

Miranda & Amado

Miranda & Amado is a heavyweight in the sector, providing ‘superb service delivery’ that is ‘super responsive’ and ‘commercial’. A regular in key matters, it recently acted for Banco Santander and Corporación Andina de Fomento (CAF) on its $183m loan to Terminal Portuario Paracas for the development and upgrade of Puerto General San Martín de Pisco project. Past matters also included advice to Minera Las Bambas on the $131m credit facility for PeruRail to build a transfer station in Pillones (for the transportation of copper to the port of Matarani) and acting for Petróleos del Perú on the project development and financing for the modernisation and expansion of the Talara crude oil refinery. The practice is co-lead by energy experts Luis Marcelo De-Bernardis, who has ‘an incredible wealth of knowledge’; and the ‘very intelligent and analytical’ Alberto Delgado. Jorge Córdova moved to DLA Piper Pizarro Botto Escobar, but Enrique Felices re-joined the firm following two years’ absence undertaking senior roles within the government and the OECD.

Leading lawyers

Enrique Felices - Miranda & Amado

Luis Marcelo De-Bernardis - Miranda & Amado

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Public law and regulation
Public law and regulation - ranked: tier 2

Miranda & Amado

Miranda & Amado utilises cross-departmental expertise in areas such as projects, energy, environmental law and dispute resolution, matched by public law and regulatory capability, to handle a broad range of matters. It is advising ABL Pharma and Grunenthal on a government-led bid to purchase the medicine Olanzapina and is acting for Prosegur Tecnología in a public procurement called by the National Bank to install and maintain security cameras and video vigilance for its agencies nationwide. Both matters are led by practice head and firm co-managing partner Luis Vinatea, who is also known for his labour law expertise. Clients highlight counsel Marife Martinelli for her ‘extensive knowledge of the energy sector and regulation of natural gas’, while fellow counsel Willy Pedreschi joined the firm from Benites, Vargas & Ugaz.

Leading lawyers

Luis Vinatea - Miranda & Amado

Next generation lawyers

Claudia Tengan - Miranda & Amado

[back to top]

Real estate
Real estate - ranked: tier 1

Miranda & Amado

A top player in the market’, Miranda & Amado has ‘tons of experience in real estate’ and handles some of the largest transactions and developments in the country. Clients highlight the team’s knowledge, fast response times and personalised attention and include those drawn from the energy, mining and infrastructure sectors, as well as developers, investors, real estate funds and acquirors. Recent instructions include advising Terranum Capital Latin America Real Estate Fund on a significant housing development, with projected investment of $400m; and acting for new client H&M Hennes & Mauritz on all its commercial premises and new projects. Contentious work includes acting for beauty retailer Cetco, a subsidiary of Belcorp, in a real estate dispute concerning 5,500m² of property in Lima. The very experienced Claudia Lucena heads the practice and stands out for her ‘appropriate answers’ and ‘ample knowledge of the real estate business in all phases’.

[back to top]

Tax
Tax - ranked: tier 2

Miranda & Amado

Miranda & Amado’s in-demand, standalone tax department is steered by the highly-experienced Rocío Liu, known for her skills as a tax litigator. She is supported by the popular Pablo Sotomayor and a seven-strong associate team, which overall, is particularly well-versed in advising highly-regulated sectors such as banking, telecoms, energy and natural resources. Lui successfully led advice to Kimberly-Clark Peru in its precedent-setting case against the SUNAT regarding the tax status of voluntary profit-sharing granted to employees; she is now advising on a similar case on behalf of Banco de Crédito del Perú, with $20.7m in dispute. On the non-contentious side, Lui led tax advice to Intercorp on its $268m acquisition of the local insurance and mortgage administration businesses of Colombia’s Sura Asset Management. Telefónica del Perú, Engie Energía Perú and Enel Group are clients of the practice.

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Peru: Energy and natural resources

Electricity
Energy and natural resources: electricity - ranked: tier 1

Miranda & Amado

Miranda & Amado’s market-leading corporate, financial, regulatory and litigation lawyers provide ‘superior expertise’ and a 360° service to clients in this sector. Overseeing the electricity practice is Luis Marcelo De-Bernardis, who has an ‘incredible wealth of knowledge’, while counsel Marife Martinelli is recognised for her experience in regulatory matters. Past instructions include acting for Cerro Del Aguila on the financing, construction and operation of its hydroelectric plant in Huancavelica, central Peru (value $950m); while other clients include Energia Peru, Termochilca and Lineas de Transmision Peruanas. Respected regulatory counsel Alfonso Rivera and associate Juan Chang left the firm to assume roles in-house.

Leading lawyers

Luis Marcelo De-Bernardis - Miranda & Amado

Next generation lawyers

Marife Martinelli - Miranda & Amado

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

Miranda & Amado

Miranda & Amado is ‘top notch, provides superb service delivery’ and ‘is super responsive and commercial’. Clients also appreciate the firm’s ‘excellent subject matter knowledge’ and ‘would not hesitate to recommend it’. Such high praise is largely targeted at head of practice Alberto Delgado and fellow partner Guillermo Bracamonte, who lead a team of six associates. The team’s client list includes sector stars Anglo American, Rio Tinto, Glencore-Xstrata and Las Bambas Mining Company, while recent instructions include advising Australia’s Red Citadel Resources on establishing operations in Peru. The firm also acted for Bear Creek Mining in its $522m rights dispute over the Santa Ana Project against the Peruvian State. Delgado assumed the position of co-managing partner of the firm in 2018.

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Oil and gas
Energy and natural resources: oil and gas - ranked: tier 2

Miranda & Amado

Miranda & Amado excels in major projects, M&A, finance and disputes in this sector, but also has the regulatory expertise necessary for key instructions. For example, it continues its role as lead adviser to Petroperu on the development and financing of the Talara crude oil refinery, most recently advising on its $2bn bond issue to raise finance to upgrade the refinery. Other work includes acting for Gas Natural Fenosa on the concession for the expansion of natural gas services nationwide, a mandate won following a public bid. The practice is co-led by Luis Marcelo De-Bernardis, client partner to Petroperu, and Alberto Delgado, who is ‘very intelligent and analytical’ and ‘able to answer questions quickly and with substance’.

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