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Greenberg Traurig, S.C.

PASEO DE LA REFORMA NO. 265 PH1, COLONIA CUAUHTÉMOC, MÉXICO CITY, D.F. C.P. 06500, MEXICO
Tel:
Work +52 55 5029 0000
Fax:
Fax +52 55 5029 0002
Email:
Web:
www.gtlaw.com

Mexico

Banking and finance
Banking and finance - ranked: tier 2

Greenberg Traurig, S.C.

The ‘100% recommended’, 19-strong Greenberg Traurig, S.C. banking and finance team offers ‘a quality service that is reflected in adequate response times, technical and comprehensive knowledge, and good value for money since we know that operations will be carried out correctly, avoiding legal risks’, according to one client. Practice co-head José Raz Guzman assisted HSBC México with a MXN$9.9bn loan to a major infrastructure developer. Raz Guzman ‘is an exceptional and conciliating lawyer, with impeccable technical knowledge, a fair negotiator, offering full and responsible support in operations and who is committed to our needs’, stated one client. Fellow practice co-head Juan Manuel González represented Mexican development bank Banobras, as lender, in the drafting and negotiation of a 20-year, MXN$5.2bn loan for the construction of the (Río de los Remedios–Venta de Carpio, Gran Canal) "Siervo de la Nación" toll road connecting the municipalities of Naucalpan and Ecatepec in the State of Mexico with a complex two tranche structure. González was assisted by Carlos Garduño and Miguel Yturbe; who have transactional and regulatory financial, and complex transactional project finance expertise, respectively. In another highlight case, González was assisted by associate José Antonio Butrón (who handles project finance and cross-border securities) in representing Bank of America Merrill Lynch (as financial advisor to the Mexican Ministry of Communications and Transportation) in the structuring and coordination of the competitive tender process for the Red Compartida project, which requires an estimated investment of $7bn over 10 years, and in the negotiation and approval by the Telecommunications Investment Promotion Agency (Promtel) of the financing facilities granted to Altán Redes, which included a multi-tranche syndicated senior secured credit facility for MXN$17.75bn granted by three Mexican Development Banks (Banobras, Nafin and Bancomext); and two vendor credit facilities for an aggregate amount of US$850m. ‘A lawyer of great qualities’, associate David Argueta ‘is knowledgeable, ethical and responsible, available at all times, and able to communicate his arguments in an excellent and solid way’. Clients also appreciate his ‘complete dedication and integrity’. He assisted Raz Guzman in the HSBC México mandate, and also in the representation of BBVA Bancomer in a $230m financing granted to Vitro for the acquisition of Pittsburgh Glass Works’ automotive Original Equipment Manufacturer glass business from LKQ. Other members of the team include Miguel Moisés (banking and finance, capital markets, M&A, and real estate), and associate Cecilia Quintanilla Madero (project finance). Active clients include Elementia and Impulsora del Empleo en América Latina.

Leading lawyers

José Raz Guzman - Greenberg Traurig, S.C.

Next generation lawyers

David Argueta - Greenberg Traurig, S.C.

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Capital markets
Capital markets - ranked: tier 2

Greenberg Traurig, S.C.

The 13-strong capital markets team at Greenberg Traurig, S.C. has largely been focusing on real estate-related work and CKDs of late. Recent work highlights saw practice co-head José Raz Guzman, assisted by associate David Argueta, advise Concentradora Hipotecaria (FHipo), manager of the first Mexican mortgage REIT, in a mortgage loan securitisation totalling MXN$3.36bn – the first securitisation of its kind, it includes the mortgage loans portfolios of the largest mortgages originators in Mexico, INFONAVIT and FOVISSSTE in a single issuing trust. Raz and Argueta also assisted leading industrial developer Amsted with the Mexican Stock Exchange listing of its first CKD (MXN$2.5bn, with an initial offering in the amount of MXN$500m) for the development of industrial properties. In another headline mandate, Raz’s fellow practice co-head, Juan Manuel González, assisted potential investors with the acquisition of CKDs to be issued by a trust managed by Mexico Infrastructure Partners II (and which upon placement of the CKDs, will be one of the largest infrastructure funds – in terms of total capital commitments – trading on the Mexican Stock Exchange); the mandate involved MXN$8bn in Series A bonds, MXN$20bn in Series B bonds and an initial offering of MXN$1.6bn. Miguel Moisés handled a string of CKD listings, a highlight among them being his assistance to a group of institutional investors regarding the listing of a third CKD by Banco Credit Suisse (México). The team can also call on the support of project finance experts Miguel Yturbe and José Antonio Butrón, and debt and equity specialist Carlos Garduño. Active clients include Impulsora del Desarrollo y el Empleo en América Latina, Alsis Funds, and Casa de Bolsa Banorte Ixe.

Leading lawyers

José Raz Guzman - Greenberg Traurig, S.C.

Juan Manuel González - Greenberg Traurig, S.C.

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Competition and antitrust
Competition and antitrust - ranked: tier 2

Greenberg Traurig, S.C.

Greenberg Traurig, S.C. provides ‘great value for the price’, giving ‘very useful advice’. The multidisciplinary team enjoys a strong reputation in the market, handling complex pre-merger filings as well as cases before the federal courts. Recent highlights include representing Mexico City Airport in relation to COFECE’s investigation into the slots allocation process at the airport. The firm also acted for Grupo Bio Pappel in a federal amparo challenge to the conditions imposed by COFECE concerning its acquisition of Scribe. Miguel Flores Bernés, who jointly leads the team with Víctor Manuel Frías, is noted for his ‘thorough knowledge of the subject and previous experience in the Federal Economic Competition Commission’.

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Corporate and M&A
Corporate and M&A - ranked: tier 3

Greenberg Traurig, S.C.

Greenberg Traurig, S.C. has established a strong reputation for corporate M&A and private equity work. The firm is particularly strong in the infrastructure sphere, and has been active in deals in the utilities, transport and telecoms sectors. It is also recommended for its compliance expertise and is currently advising Wal-Mart Stores on the implementation of its global anti-corruption compliance program in Mexico and Latin America. Another highlight was advising Operación y Logística Carretera on the sale of two concessions to operate bridges in the state of Veracruz, to Mexican infrastructure company Promotora y Operadora de Infraestructura. Managing partner José Raz Guzmán jointly leads the team with Juan Manuel González. Víctor Manuel Frías and Hugo López Coll are also recommended.

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Energy and natural resources
Energy and natural resources - ranked: tier 5

Greenberg Traurig, S.C.

Juan Manuel González leads the energy practice at Greenberg Traurig, S.C., which handles projects, regulatory and transactional matters for a diverse mix of clients. The firm’s regulatory and environmental capabilities were demonstrated through its advice to the Mexican National Human Rights Commission regarding changes to the country’s energy legal framework and how they might impact local indigenous communities. The firm also advised KST Electric Power Company on the $350m financing and development of a 433MW power generation project.

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Projects and infrastructure
Projects and infrastructure - ranked: tier 2

Greenberg Traurig, S.C.

Greenberg Traurig, S.C. offers its sponsor and lender clients a blend of cutting-edge financial and capital markets expertise, with experience in industries such as energy, telecoms and transport. This has led to roles on several major projects, such as acting for Bank of America Merrill Lynch, as financial adviser to the Mexican Ministry of Communications and Transportation, in the structuring of the competitive tender process for the development and commercialisation of the country’s privately financed 4G network. The firm also advised the lenders, including Banobras, on the financing for the construction of the Siervo de la Nación toll road project. Juan Manuel González’s well-regarded team includes Miguel Yturbe and Carlos Garduño.

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Real estate
Real estate - ranked: tier 2

Greenberg Traurig, S.C.

For one client, the five-strong real estate team that recently left Haynes and Boone, L.L.P. for Greenberg Traurig, S.C. is the ‘go-to’ outfit for real estate matters in Mexico. This, combined with the quality of the team the firm already had in place – which offers ‘complete technical knowledge, full availability and timeliness’, according to another client – makes for a new and promising real estate practice on the Mexican scene, especially considering the combination of complementary expertise at the office, with its strong focus on finance and considerable expertise in the energy and petrochemical sectors. In addition to the practice group’s increased depth and capabilities, it loses none of its international draw, being able to rely on a pool of over 300 real estate lawyers worldwide. Partner Antonio Diez de Bonilla led the team that moved from Haynes and Boone, L.L.P.; he is ‘proactive and very deal oriented, commentators note, ‘endeavouring to close deals by proposing solutions rather than finding problems’. He, along with fellow ex-H&B partner Gerardo Carrillo Valadez, represented Hyatt Hotels as main counsel in the negotiation and implementation of a $200m joint venture with Sordo Madaleno for the development of a mixed-use project which will include a Park Hyatt hotel with offices and residential components. Drawing on their experience in the energy and petrochemical sectors, Fernando Orrantia and Antonio A Robles advised British Petroleum regarding its retail fuel stations in Mexico. The team led by Orrantia also assisted the client in regulatory and environmental matters, one of the lawyer’s specialisations. Primarily focused on real estate finance, Miguel Moisés represented BBVA Bancomer, Sabcapital, and Bancomext in a $180m syndicated loan to a major hotel developer to refinance the existing debt of three hotels; and in another syndicated loan, assisted BBVA Bancomer and the syndicate on the $125m refinancing of hotels operated by Pueblo Bonito. The latter matter was undertaken in conjunction with office managing partner José Raz Guzmán, who also covers corporate, banking and finance and capital markets, and whose input is highly valued by clients. Associate Julio Sardina is also very active, and clients appreciate his work, as they do the contribution of associate David Argueta; Sardina concentrates on real estate, while Argueta also covers finance and capital markets. Associate Elizabeth Tovar left to join Romo Paillés, S.C..

Leading lawyers

Antonio Diez de Bonilla - Greenberg Traurig, S.C.

Next generation

Gerardo Carrillo Valadez - Greenberg Traurig, S.C.

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Further information on Greenberg Traurig LLP

Please choose from this list to view details of what we say about Greenberg Traurig LLP in other jurisdictions.

Germany

Offices in Berlin

Latin America: International firms

London

Offices in London

Mexico

Offices in Mexico City

Netherlands

Offices in Amsterdam

Poland

Offices in Warsaw

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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.
  • FRANCHISING TRENDS IN MEXICO: A NEW VALUE

    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: COMMENTS UNDER AN INTELLECTUAL PROPERTY LAW PERSPECTIVE

    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.
  • MEXICAN CUSTOMS. UPDATE ON THE ENFORCEMENT OF TRADEMARK RIGHTS

    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.
  • DEMONSTRATING USE OF TRADEMARKS UNDER MEXICAN LAW AND PRACTICE

    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.
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    By Jose Luis Ramos-Zurita