The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon
AV JOSÉ SALMÓN BALLIVIÁN (LOS ÁLAMOS), NO 322, LA FLORIDA, PO BOX 994, LA PAZ, BOLIVIA
Tel:
Work +591 2 277 6628
Email:
Web:
www.basc.com.bo
La Paz, La Paz, Santa Cruz

Fernando Aguirre

Tel:
Work +591 22776628
Email:
Bufete Aguirre, Quintanilla, Soria & Nishizawa Sociedad Civil – (BAQSN)

Position

Attorney at Law. Senior Partner.
PRACTICE AREAS: General Commercial, Corporate and Business Law; Civil Law; Administrative Law, Antitrust, Competition and Regulation; Labor Law; Tax Law; Mining and Hydrocarbons Law; Banking and Financing Law; Arbitration.

Career

Continued practice as a lawyer for over forty years. He has also held other positions like external director of the Bolivian Central Bank. At present he is Chairman of the Board of Directors of EMBOL S.A., the Coca Cola bottling company for Bolivia and an External Comptroller (Sindico) for various mining companies. Also Past President and board member of the American Chamber of Commerce of Bolivia. Mr. Aguirre is a member of the International Bar Association, the American Bar Association, the Rocky Mountain Mineral Law Foundation, PDAC (Canada), Latin America Arbitration Association and other professional international organizations, being an active participant at conferences, in some of which he has been a panelist on different subjects of international interest. He has contributed to various legal publications. In connection with his arbitration practice he has been appointed as member of the Latin America Arbitration Group of the International Chamber of Commerce (ICC).

Languages

Spanish and English

Member

  • La Paz Bar Association

  • Santa Cruz Bar Association

  • American Bar Association

  • International Bar Association

  • International Petroleum Negotiators

  • Latin America Arbitration

  • Rocky Mountain Mineral Law Foundation

  • Prospectors and Developers Association Canada

  • ICC

  • Arbitrator National Chambers of Commerce and Hydrocarbons 

  • Arbitrator Kuala Lumpur Regional Arbitration Center.

Education

  • Licentiate Law, Political and Social Sciences/Lawyer, La Paz University, 1968;
  • Law Diploma Oxford University, 1971


Bolivia

Banking and finance

Within: Leading lawyers

Fernando Aguirre - Bufete Aguirre, Quintanilla, Soria & Nishizawa

Within: Banking and finance

October 2018 saw the merger of Bufete Aguirre and Quintanilla, Soria & Nishizawa into Bufete Aguirre, Quintanilla, Soria & Nishizawa. While the functioning of this new firm will take longer to assess, it is clear that both legacy firms lend strength to the new entity as regards banking and finance work. The Aguirre team has long been particularly active on the lender and investor side, has strong experience in cross-border transactions and often advises clients on the financing of public entities. The practice group from the former QSN is, in turn, hailed as ‘efficient, effective’ and ‘experienced’, has particular expertise acting for financial institutions and is noted for recommending the most appropriate solutions’. Recent headline matters saw Ignacio Aguirre act as local counsel to initial purchasers Merrill Lynch, Pierce, Fenner & Smith and JP Morgan Securities on a $1bn bond issuance by the Bolivian state. Eduardo Quintanilla and Santiago Nishizawa also have ‘great experience and knowledge’; Nishizawa recently advised Inter-American Investment on the provision of various working-capital loans to small enterprises, while Quintanilla assisted Locfund II with structuring various financings through promissory note issuances. Fernando Aguirre is a leading practitioner in the sector, while Julio Quintanilla and senior associate Leonardo Azurduy are ‘fully dedicated and always available to provide personalised service'.

[back to top]

Corporate and M&A

Within: Leading lawyers

Fernando Aguirre - Bufete Aguirre, Quintanilla, Soria & Nishizawa

Within: Corporate and M&A

The October 2018 merger of Quintanilla, Soria & Nishizawa and Bufete Aguirre brought together two of Bolivia's heavyweight corporate firms to form Bufete Aguirre, Quintanilla, Soria & Nishizawa. The consolidation of the merger notwithstanding, both legacy firm's bring strong practices groups to the sector. Spread across offices in La Paz and Santa Cruz, clients praise a team that is ‘responsive, understanding and excellent in all respects’, has a wide range of corporate and commercial capabilities, and demonstrates particular expertise in sectors including energy, mining, telecoms and real estate. The ‘proactive, methodicalFernando Aguirre and Milenka Saavedra are ‘good communicators and negotiators’; together with Ignacio Aguirre, Saavedra recently assisted the Bolivian branch of thyssenkrupp Raw Materials with its closure. Indeed, branch liquidations are a niche specialisation for Saavedra, who also assisted Apia XXI Ingenieros Y Arquitectos on the closure of its Bolivian branch, as well as advising various telecoms operators (including Intelsat International Systems and Telesat) on regulatory issues. Santiago Nishizawa and Sergio Antelo acted for Maruzen Showa Unyu on its purchase of a controlling stake in a Bolivian international transport logistics company. Julio Quintanilla advised LATAM Airlines Group on various corporate and commercial matters and, along with senior associate Leonardo Azurduy, assisted ZTE Bolivia with its participation in a public bid by a Bolivian telecoms consortia for the development of fibre-optic lines between Bolivia and Peru. Leading practitioner Eduardo Quintanillia; Mauricio Torrico (who recently advised Megratín Bolivia on corporate structuring issues); and Gabriel Ribera, a key contact in the Santa Cruz market, are all also noted.

[back to top]

Dispute resolution

Within: Dispute resolution

Operating since October 2018, Bufete Aguirre, Quintanilla, Soria & Nishizawa is noted for its strength in domestic and international arbitration, for which the key contact is Fernando Aguirre. His team also handles a range of litigation, with tax disputes and contentious administrative matters also being particular areas of expertise. Mining, power and financial services are notable sector strengths. Milenka Saavedra co-ordinates the litigation practice; Ignacio Aguirre and Carolina Aguirre are also active in the space, as is Mauricio Torrico on the tax side.

[back to top]

Energy and natural resources

Within: Leading lawyers

Fernando Aguirre - Bufete Aguirre, Quintanilla, Soria & Nishizawa

Within: Energy and natural resources

The combined team at the newly forged Bufete Aguirre, Quintanilla, Soria & Nishizawa is active across the extractive, hydrocarbons and electricity sectors. The team from the former QSN brings particular strength in the mining area and also has considerable regulatory and contractual experience in a range of energy sectors, including renewables; the Aguirre group adds particular niche expertise in advising energy-sector clients on corporate governance and regulatory matters and also has experience in the contentious space, including arbitration. Recent matters saw Mauricio Torrico and Sergio Antelo advise Negratín Bolivia on structuring its operations in relation to two solar power plants; Antelo also acted for an East Asian company on a water project, a mandate involving financial due diligence and strategic advice. Ignacio Aguirre advised Minera San Cristóbal, Silex and Memisa on shareholder matters and capital increases, as well as assisting a power company on a contentious $10m claim against a European company regarding a supply agreement. Fernando Aguirre continues to advise the National Association of Medium Miners on various regulatory matters involving tax, investment and dispute resolution issues; Eduardo Quintanilla and Santiago Nishizawa are also involved in the practice, as is Julio Quintanilla. Gabriel Ribera is the name to note in Santa Cruz.

[back to top]

Real estate

Within: Leading lawyers

Fernando Aguirre - Bufete Aguirre, Quintanilla, Soria & Nishizawa

Within: Real estate

Fernando Aguirre leads the team at newly merged Bufete Aguirre, Quintanilla, Soria & Nishizawa; Carolina Aguirre and Ignacio Aguirre are also key contacts. The US Embassy continued to instruct the practice on transactional real estate matters; other clients include Embol and Grupo Alcos.

[back to top]

Tax

Within: Tax

The tax department at the newly-formed Bufete Aguirre, Quintanilla, Soria & Nishizawa combines teams with expertise across both contentious and advisory matters, including tax compliance and appeals against SIN tax-assessment rulings. Clients have ‘nothing but praise’ for a practice which is ‘responsive, understanding and excellent in all respects’, demonstrates ‘excellent response times, business knowledge’ and ‘value for money’, and ‘analyses potential solutions thoroughly’ as well as ‘investing time in understanding client needs’. Key practitioners include the ‘strategic’ and ‘analytic’ Mauricio Torrico, along with Milenka Saavedra and Fernando Aguirre who are ‘proactive, methodical’ and ‘good communicators and negotiators’. Recent mandates saw Torrico lead advice to Agropecuaria Chia Corp Bolivia on the tax structuring of one of its acquisitions and representing LATAM Airlines Group in tax litigation before the SIN. Tax specialist Gonzalo Prudencio joined the Santa Cruz office from an in-house role at YPFB Chaco in January 2018.

[back to top]

Latin America: International firms

Local practitioners of note (by country)

Within: Local practitioners of note (by country)

Rodrigo Rivera at Guevara & Gutiérrez S.C is ‘very knowledgeable on Bolivian arbitral and judicial practice’ and is capable of ‘presenting his ideas clearly and effectively’. Firm name partner Ramiro Guevara also has profile in arbitral work; his recent highlights include representing Grupo Cementos de Chihuahua in a major dispute with Compañía de Inversiones Mercantiles. At Criales & Urcullo, José Criales has notable experience in international arbitration, including representing the Bolivian state in a number of disputes. Bufete Aguirre, Quintanilla, Soria & Nishizawa’s practice head Fernando Aguirre handles commercial disputes and investment treaty arbitrations. At Moreno Baldivieso Estudio De Abogados, the ‘excellent and diligent’ Andrés Moreno is singled out for his solid track record handling international arbitration, including investor-state cases.

[back to top]


Back to index

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Sulphur Cap Ahead - Regulatory

    Sulphur Cap Ahead - Regulatory
  • GTDT Shipping - India

    Mr Shardul Thacker heads the shipping, oil and gas and banking practice group at Mulla & Mulla & Craigie Blunt & Caroe. Lloyd’s List ranked him third in their top 10 lawyers stating: “Highly regarded for his work in the liquefied natural gas sector, particularly for interesting and highly geared finance deals in relation to infrastructure projects, energy, ports and ships.” india_-_gtdt_shipping_
  • BVI'S NEW ECONOMIC SUBSTANCE LEGISLATION

    The British Virgin Islands are rushing to pass by the end of December the new economic substance legislation to avoid the EU’s blacklist of tax haven jurisdictions.
  • Chambers Guides - Insurance 2018 - India

    India is a common-law jurisdiction. In general, Indian laws borrow heavily from, and are based on, English law. However, insurance law in India has certain unique features that deviate from English insurance law. The primary legislation of insurance law in India is the Insurance Act, 1938 (the “Insurance Act”) and the Insurance Rules, 1939 (the “Insurance Rules”).
  • AVELLUM advised largest Ukrainian brick manufacturer on restructuring and refinancing of its debt

    AVELLUM acted as the Ukrainian legal counsel to Private Joint Stock Company with Foreign Investments “Slobozhanska Budivelna Keramika” (“SBK ”) in connection with the restructuring and refinancing of SBK’s debt, valued at approximately EUR20 million. Atlas Advisors, an independent investment banking firm, acted as the exclusive financial advisor to the SBK’s shareholders in connection with the restructuring of the credit portfolio, attraction of financing for the debt’s refinancing, and buy-out of SBK’s shares.
  • AVELLUM advises on Ukraine’s USD2 billion Eurobond issue

    AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine on the USD2 billion sovereign Eurobond issue consisting of two tranches with 5.5 and 10-year tenor. J.P. Morgan Securities, Goldman Sachs, BNP Paribas, and Citigroup acted as joint lead managers on the transaction.
  • New Anti-Money Laundering Law

    The new anti-money laundering ( AML ) law of the UAE took effect at the end of October 2018. Containing features recommended by the Financial Action Task Force ( FATF ), the new law introduces subtle but important changes to the AML landscape in the UAE. 
  • Confidentiality Under Renewed Focus

    The UAE federal government has recently issued a raft of important legislation, addressing and in many ways updating areas of law that are key to businesses in the jurisdiction. Amongst this legislation is Federal Decree-Law 14 of 2018 concerning the central bank and the organisation of financial institutions and activities (the New Banking Law ) and Federal Decree-Law 20 of 2018 concerning anti-money laundering and anti-terrorism financing (the New AML Law ). Both the New Banking Law and the New AML Law repeal and replace the previous legislation on their respective subjects. Importantly, the New Banking Law and the New AML Law have together enhanced the protection afforded to confidential information under UAE law, in particular where financial and legal service providers and their customers and clients are concerned. 
  • Israel Chapter in The Virtual Currency Regulation Review

    Earlier this year, the Israel Tax Authority (ITA) issued two circulars, one on the taxation of digital tokens and the second addressing the taxation of utility tokens in initial coin offerings (ICOs). Additionally, in March, the Israel Securities Authority (ISA) released a detailed interim report by the Committee for the Regulation of Public Offerings of Decentralized Cryptocurrency Coins (Report) (with a follow-up report due to come out around October 2018). Moreover, it is expected that before the end of 2018, legislation will come into force that for the first time will see Israeli primary legislation define virtual currencies as financial assets and mandate licensing for related services, as is later discussed in detail.
  • GRP Rainer Rechtsanwälte – Report on authorized dealer’s entitlement to compensation

    Under certain circumstances, an authorized dealer may be entitled to claim compensation after termination of the contract with the company if the latter continues to be able to use its business contacts.