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MONTES URALES 632, 3RD FLOOR, LOMAS DE CHAPULTEPEC, MEXICO CITY 11000, MEXICO
Tel:
Work +52 55 5202 7622
Fax:
Fax +52 55 5520 7671
Email:
Web:
www.gcsc.com.mx/our-firm

Jaime Cortés Alvarez

Tel:
Work +(52 55) 5202-7622
Email:
Web:
www.gcsc.com.mx
González Calvillo, SC

Position

Partner at González Calvillo,S.C. since 2011

Career

Jaime Cortés has over 20 years of experience as a transactional finance lawyer with expertise in capital markets, securitisation, structured finance, mergers and acquisitions, private equity, restructurings, general corporate and commercial matters, many of them involving real estate underlying assets. 

Moreover, his experience includes participation in complex cross-border and national transactions including securitisation of a variety of financial assets, counsel in numerous domestic and international offerings of equity and debt securities, as well as advising buyers, sellers, agents and private investment funds in co-investments and M&As of public and private companies. He is also secretary of the board of directors of various public and private companies.

He worked as foreign associate at Davis Polk & Wardwell and Brown & Wood (currently Sidley Austin).

Languages

Spanish and English

Member

Mexican Bar Association and Mexican Mediation Institute

Education

Mr. Cortés obtained his law degree from the Universidad Nacional Autónoma de México (UNAM) and a law master’s degree from Columbia Law School.


Mexico

Banking and finance

Within: Banking and finance

González Calvillo, SC continues to sharpen its position on the Mexican banking scene. The large team (40 professionals) provides the full range of services in this area, from securities, secured and asset financing, to restructuring, syndicated and commercial lending and regulatory matters. Well regarded by peers, the team was present on some of the year’s most important transactions, including the Red Compartida project development, in which the firm assisted Huawei and Nokia (as vendors of services and infrastructure for the development of the project) to borrower Altán Redes, a transaction which involved an $850m financing; and Mexican development banks Banobras, Bancomext and Nafin on the MXN$17.7bn project financing, which included the drafting of an inter-creditors agreement with Huawei and Nokia. In another highlight case, the team acted as Mexican counsel to Macquarie Capital and Techint, as sponsors, in the acquisition (from Abengoa) and subsequent project financing (from 10 financial institutions) of the 907MW combined-cycle power generation facility referred to as "Norte III". Key partners José Ignacio Rivero and Enrique González Calvilllo led the first and second deals, respectively; another key partner Jorge Cervantes Trejo, who specialises in projects, energy and infrastructure finance, led the Norte III matter. Further support comes from partners Jaime Cortés Alvarez and José Víctor Torres, both ‘good, experienced lawyers’, according to peers. Cortés Alvarez assisted a group of investors in obtaining acquisition finance amounting to $82.5m from BBVA Bancomer and Bancomext, as lenders, for the acquisition of a hotel; Torres specialises in cross-border financings involving projects, syndicated loans and leasing. Other team members include Hernando Becerra, of counsel Antonio De Lisi (who joined the firm from Curtis, Mallet-Prevost, Colt & Mosle S.C.), and associate Diego Hernández Schmidt-Tophoff (who joined from Jáuregui y Del Valle, S.C.). Seasoned practitioner Rodrigo Rojas is also noted by peers for his work in this sector. Clients include Unicredit Bank, Barclays Bank, Santander, and Olympus Capital Asia Credit.

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Capital markets

Within: Leading lawyers

Jaime Cortés Alvarez - González Calvillo, SC

Within: Capital markets

Top notchGonzález Calvillo, SCprovides a superb level of service’ including in capital markets, according to market commentators. Six partners and 15 associates handle these matters at the firm, covering the full range of capital markets work: recent mandates include assisting IFM Global Infrastructure Fund, which, along with OHL Concesiones and through the SPV company Magenta Infraestructura, launched a tender offer on the Mexican Stock Exchange for the acquisition of up to 100% of the public shares of OHL México, valued at MXN$19.6bn. Other key work involved acting as Mexican counsel to Atento in the review of its Credit Agreement and Bond Offering global documents and a senior credit agreement for $50m as well as a bond offering of $400m; and Barclays Bank and JP Morgan Securities, as lenders, in an exchange of senior notes resulting from the breach of a term loan that shared collateral with notes issued by an affiliate of the borrower under said loan. The team also acted for Nissan Renault Finance Mexico in a MXN$3bn first issuance of stock certificates and a MXN$2.14bn second issuance of long-term notes. Juan Manuel Sancho Rodrigo and Jaime Cortés Alvarez are singled out for having ‘carved out a great space for themselves in the Mexican capital markets business’. Jorge Cervantes Trejo and José Ignacio Rivero Andere are also noted; Cervantes assisted Atento and Rivero IFM Global Infrastructure Fund. Other clients include Grupo México / Americas Mining Corporation / Southern Copper Corporation, Hir Casa, and Grupo Proeza.

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Corporate and M&A

Within: Corporate and M&A

A popular referral choice with international firms, González Calvillo, SC’s ‘excellent’ team is ‘very responsive and knowledgeable about the market’ and is regularly involved in major cross-border deals. It acted for IFM Global Infrastructure Fund and OHL Concessions, through their SPV company Magenta Infraestructura, on their $1bn bid to takeover OHL Mexico. Another highlight was advising Take-Two Interactive Software, the owner of Rockstar Games, on its purchase of all the rights to the computer game Kerbal Space Program from Uruguayan company Altamil. Founding partner Enrique González Calvillo is a key adviser along with Gonzalo Vargas Ateca, Jorge Cervantes Trejo, Miguel Valle, Jaime Cortés and the ‘excellentJose Victor Torres.

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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
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