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CALLE 82 NO. 11-01, OFC 1002, CENTRO DE NEGOCIOS ANDINO, BOGOTÁ, COLOMBIA
Tel:
Work +57 1 629 18 28
Fax:
Fax +57 1 629 18 50
Email:
Web:
www.palacioslleras.com

Colombia

Banking and finance
Banking and finance - ranked: tier 5

Palacios Lleras

Palacios Lleras has vast expertise in privatisations and acquisitions in the financial sector. It excels in representing financial institutions in arbitral, administrative and judicial proceedings, and is also very experienced in regulatory matters. Hugo Palacios Mejía is the leading figure in the practice, and has held senior positions in several public organisations. The firm counts Suramericana, Royal & Sun Alliance, and Hyperion among its clients.

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Corporate and M&A
Corporate and M&A - ranked: tier 5

Palacios Lleras

Palacios Lleras’ ‘compact’ corporate team ‘punches above its weight’, and advises clients on capitalisations, spin-offs, liquidations, and general corporate matters. Work highlights included acting for Coriant Operations and Coriant Colombia on their merger to consolidate operations in the country. Drummond, Econometria, Inversiones Barridau and Miya Colombia are also clients. Hugo Palacios Mejía and Oscar Gutiérrez Herrán are the key contacts.

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Energy and natural resources
Energy and natural resources - ranked: tier 4

Palacios Lleras

Work highlights for Palacios Lleras’ energy department included acting for Quimpac (formerly Prodesal) as the claimant in a dispute with Pacific Energy Company and several municipal authorities of the city of Cali, seeking the revision of a contract for the construction of an electric substation and power supply. The team also successfully acted for Petroleum Pipe Latin America in disputes with a number of its customers concerning overdue payments. Other clients include Drummond, Naturgas and Gas Unión. The team is led by Hugo Palacios Mejía and Oscar Gutiérrez Herrán.

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TMT
TMT - ranked: tier 3

Palacios Lleras

A longstanding presence in the market’, Palacios Lleras is well known for its regulatory advice to major corporations. Its track record includes acting for Empresa de Telecomunicaciones de Bogotá (ETB) in proceedings against the MinTIC, with Telmar Network Technology and Telmex among its other clients. Hugo Palacios Mejía is the main contact.

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Tax
Tax - ranked: tier 5

Palacios Lleras

Oscar Gutiérrez Herrán and José Alejandro Herrera lead the tax group at Palacios Lleras, which has a growing profile in the market. It advises on strategic issues including tax planning, regulatory matters and pricing, as well as assisting major international corporations in judicial claims against the tax authorities. The group provides ongoing tax advice to Acción Fiduciaria, one of the largest fiduciary corporations in Colombia, on matters including long-term tax planning and litigation. It is also representing Drummond in complex litigation connected to transfer pricing and the applicability of certain tax legislation to its activities in the country. Cecolor, Imsajor and Inversiones Raad are also clients.

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Colombia: Dispute resolution

Arbitration
Dispute resolution: arbitration - ranked: tier 3

Palacios Lleras

Palacios Lleras’ 15-strong disputes practice covers complex local and international arbitration. It successfully represented Consorcio Castell Pórticos in proceedings against Bogotá’s Health Department for breach of contractual terms and outstanding payments; and is also acting for Drummond (and its subsidiary Drummond Coal Mining) in a multi-party international arbitration under ICC rules against the concessionaire of the railway on the north coast of the country. Hugo Palacios Mejía and Oscar Gutiérrez Herrán lead the practice.

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Litigation
Leading lawyers

Hugo Palacios Mejía - Palacios Lleras

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Colombia

Offices in Bogota

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