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TORRE VIRREYES, PEDREGAL 24, 24TH FLOOR, COL. MOLINO DEL REY, MEXICO CITY, 11040, MEXICO
Tel:
Work +52 55 4748 0600
Fax:
Fax +52 55 4748 0690
Email:
Web:
www.creel.mx
Mexico City, Monterrey
Creel, García-Cuéllar, Aiza y Enríquez, S.C., Jorge Correa, Mexico City, MEXICO

Lawyer rankings

Jorge Correa

Tel:
Work +52 55 4748 0625
Email:
Creel, García-Cuéllar, Aiza y Enríquez, S.C.

Work Department

Corporate and International Tax

Position

Jorge Correa is a partner in the Mexico City office. His practice specializes on corporate and international tax with an emphasis on capital markets & financial products, cross-border structuring, M&A, energy, and estate planning (including FATCA & CRS).

Mr. Correa regularly advises global investment firms, financial institutions and multinational enterprises, on transactions and investments in Mexico across multiple industries and asset classes, including energy & naturales resources, infrastructure, private equity and real estate. Notably, he advised leading global investment firms on sale and leaseback agreements with Mexico’s state-owned oil company, including structuring their investments in Mexico. In capital markets, Mr. Correa has advised both issuers and underwriters on a number of domestic and global offerings, including offerings of new asset classes (such as FIBRA I, CKD and FIBRA E). In M&A, he has advised private equity funds and enterprises on fund formation and carrying-on various investments across different industries and sectors, such as energy & natural resources, and consumer products. Mr. Correa has also advised financial institutions and multinational enterprises on developing highly-sophisticated tax regulations, securing important private letter rulings and obtaining large VAT refunds.

Mr. Correa was awarded the Generación Anáhuac medal by Universidad Anáhuac Mayab in 2015, and has been featured in the 2014 30 promises in their 30s ranking of CNN Expansión.

Career

Mr. Correa worked for ten years at the Ministry of Finance and Public Credit, where he held various positions including Assistant Deputy Commissioner (Oil & Gas), Assistant Deputy Commissioner (International Tax Legal Affairs), and Competent Authority for tax treaty interpretation. In 2013-2014, he was a Consultant in the Paris headquarters of the OECD, where he served as the principal draftsperson of the Common Reporting Standard (CRS).

Languages

Spanish and English

Member

Mr. Correa is a member of the International Bar Association, the International Fiscal Association, and the Business Advisory Group on FATCA & CRS of the Business and Industry Advisory Committee to the OECD, inter alia.

Education

Mr. Correa obtained his law degree (JD) from Universidad Anáhuac Mayab and his master’s degree in Tax Law from Universidad Panamericana, both with honors. Since 2008, he has been an assistant professor at Universidad Panamericana.


Mexico

Insurance

Within: Insurance

A ‘trusted legal advisorCreel, García-Cuéllar, Aiza y Enríquez, S.C. continues to grow its insurance practice and the late-2016 arrival of counsel Maria José Pinillos, formerly General Counsel at Pan-American México, has given the team additional senior expertise and capacity. Having also hired an additional junior associate, Mallinalli Tecomahua (formerly in house at Prudential Mexico), practice head Leonel Pereznieto’s core team is now five strong, with senior associate Lilian Fernández (particularly for analysis of structures and products) and intermediate Allan Olmedo (compliance in relation to the new norms in the sector), also noted. On the transactional front, the practice can also call on Eduardo González, Carlos Zamarrón and Jorge Correa regarding – respectively – the corporate, finance and tax aspects of transactional mandates. Recent headline work saw the team complete RSA Insurance’s $617m sale of its Mexican operations to Suramericana; act as co-counsel to MBIA Insurance (and its Mexican subsidiary), on the replacement of its financial guaranty insurance policies, including all relevant administrative authorisations from the National Isurance and Bonding Commission (CNSF); and, in ongoing advice, counsel China Oceanwide regarding CNSF authorizations relating to its proposed acquisition of Genworth Financial and its associated home and life insurance subsidiaries. Clients highlight the practice’s ‘expertise’ and ‘extensive technical know-how’ and good response times. Other matters include advising Axa Seguros on regulatory and compliance matters, and El Aguila Compañía de Seguros on its expansion in to P&C and Specialty lines, and associated corporate governance and Solvency II matters. Clients include Allianz, Zurich, Active Capital Reinsurance, Delcredere/Ducroire, Great American Insurance Company, and MBIA Insurance.

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Tax

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Jorge Correa - Creel, García-Cuéllar, Aiza y Enríquez, S.C.

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