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Posse Herrera Ruiz

CRA 7 NO 71-52, TORRE A, PISO 5, BOGOTÁ, COLOMBIA
Tel:
Work +57 1 325 7300
Fax:
Fax +57 1 325 7313
Email:
Web:
http://www.phrlegal.com

Colombia

Banking and finance
Banking and finance - ranked: tier 1

Posse Herrera Ruiz

Posse Herrera Ruiz’s highly recommended team is led by Mariana Posse; ‘strategic and very committed to clients’, she led on recent advice to Terpel regarding its $345m bond issue. The team also advised ING Bank on the structuring, negotiation and subscription of a revolving credit facility under English law for the acquisition of Proenfar. Other mandates included advising Banco Davivienda, Banco de Occidente and Banco de Bogotá, as lenders, on an approximately $90m loan to APP Gica to fund a portion of the Girardot-Ibagué-Cajamarca toll-road concession. José Alejandro Torres and associate Adriana Cabal are also key practice members. However, senior associate Mateo Mendoza left to found his own firm, Mendoza Abogados. Clients include Grupo Energía Bogotá, Inverlink and Construcciones El Cóndor.

Leading individuals

Mariana Posse - Posse Herrera Ruiz

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 2

Posse Herrera Ruiz

Posse Herrera Ruiz saw its competition and antitrust department significantly reinforced in March 2019 with the reincorporation of Jorge De Los Ríos, a former director of the firm’s practice group who returns after a little over four years in house at Unilever (where he became global competition counsel). Jaime Herrera heads the six-strong department with key support coming from associates Juan Pablo Bonilla and Hernán Panesso. Litigator Daniel Posse is also active in the area. The team advised Energizer Holdings on the merger clearance of the company’s acquisition of Spectrum Brands’ batteries and portable lighting business. Other recent mandates included representing Lafrancol in two administrative investigations into an alleged violation of the pharmaceutical sector’s price control regulations. As a result, both investigations were closed. Clients include Boeing, Falabella, General Cable and Total Produce.

Rising stars

Hernán Panesso - Posse Herrera Ruiz

Juan Pablo Bonilla - Posse Herrera Ruiz

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 1

Posse Herrera Ruiz

Fielding a 29-strong practice group, Posse Herrera Ruiz is ‘clearly one of the best’ in the field, and is ‘very good in the negotiation process’ of M&As in particular. Recent mandates saw practice head Jaime Herrera (‘a good strategist and very committed to his clients’) and Oscar Tutasaura lead the advice to Bogotá Capital District and Grupo Energía Bogotá (GEB) in the two-phase (local and international), $680m sale of the former’s 10.6% stake in GEB. Working in conjunction with the ‘very disciplined and extremely accurate’ Gabriel Sánchez, Herrera also co-led the advice to Terpel on the acquisition of ExxonMobil’s lubricants business in Colombia, Peru and Ecuador, the fuels business of ExxonMobil Ecuador, and the operation and commercialisation of fuel for Lima’s airport. Meanwhile, José Alejandro Torres assisted BTG Pactual and Inverlink Estructuras Inmobiliarias with a joint venture agreement to manage a collective investment real estate fund. Jaime Cubillos is another key figure in the practice group; senior associates Vivianne Baptiste, Carolina Hernández and the US and Colombia-qualified Lina Vélez are also noted. The firm also has an association with Spanish firm Cuatrecasas for Ibero-Colombian matters. Clients include Quicorp, Cementos Argos and Australis.

Leading individuals

Jaime Herrera - Posse Herrera Ruiz

José Alejandro Torres - Posse Herrera Ruiz

Oscar Tutasaura - Posse Herrera Ruiz

Next generation lawyers

Gabriel Sánchez - Posse Herrera Ruiz

Rising stars

Vivianne Baptiste - Posse Herrera Ruiz

[back to top]

Energy and natural resources
Energy and natural resources - ranked: tier 1

Posse Herrera Ruiz

Posse Herrera Ruiz is particularly knowledgeable in the hydrocarbons sector, as well as having expertise in power generation - including renewables - and environmental law. The ‘effective, knowledgeable, commercially oriented, extremely responsive and fast-pacedÁlvaro José Rodríguez leads a ‘high-quality’ five-strong team that is ‘interlinked with other practice areas’ and has ‘the foresight to identify future risks in any project and tackle them in a proactive manner’. The former legal director of Trafigura in Colombia, Mariana Sanchez is recommended for her ‘effectiveness in major project structuring and complex problem-solving challenges’. The practice advised international independent oil-and-gas companies on onshore and offshore projects and on negotiations and consultations with national regulator ANH regarding a new template contract for deep-sea concessions that was eventually launched in March 2019. The practice also helps these same independent players with the conversion of technical evaluation agreements into exploration and production agreements. The team advised Arrow Exploration on its entry into the Colombian market as both investor and operator with the acquisition of Canacol’s oil fields. It also provides permanent advice to Conoco Phillips, with recent work including assistance regarding a class action seeking the prohibition of the exploration and production of unconventional hydrocarbons. In conventional and renewable power generation and transmission, highlights included acting for Northland Power in the bidding process for the construction of a transmission line to link renewable energy generation facilities in the Guajira region to the national grid. Other clients include Shell, Vestas, Enerfin, Hidrocasanare and GDF Suez. Special counsel Diana Salazar is also noted.

Leading individuals

Álvaro José Rodríguez - Posse Herrera Ruiz

Rising stars

Diana Salazar - Posse Herrera Ruiz

[back to top]

Insurance
Insurance - ranked: tier 3

Posse Herrera Ruiz

Posse Herrera Ruiz primarily deals with insurance and reinsurance matters related to infrastructure projects, where it represents both lenders and sponsors; for example, the practice recently advised Financiera de Desarrollo Nacional on structuring its risk matrix and drafting its insurance requirements. The four-strong team, led by Oscar Tutasaura, also assisted POMA on its insurance clauses concerning the Pereira and the Picacho cable car projects in Medellín. Other clients include CNPX, QBE Europe and Hamilton Re.

[back to top]

Intellectual property
Intellectual property - ranked: tier 3

Posse Herrera Ruiz

The highly regarded Posse Herrera Ruiz offers a one-stop service that centralises IP filings in 23 Latin American countries; it is also particularly experienced in trade mark litigation. Helena Camargo, whose ‘ability for solving problems’ is frequently highlighted, heads the team. The ‘well-knownErnesto Cavalier and noted associates Mónica Bonnett and Annabelle Angarita are also key members of the six-strong practice. Recent matters include representing Converse in a breach of trade mark claim against Traverse All Crazy; and advising Biozoo on a strategy to gain approval for the use of its trade marks after their cancellation following the granting of notoriety status to Laboratorios Zoo. Other clients include Karma Automotive, Aphria, Etex and Inversiones Gondwana.

Rising stars

Annabelle Angarita - Posse Herrera Ruiz

[back to top]

International trade and customs
International trade and customs - ranked: tier 2

Posse Herrera Ruiz

Posse Herrera Ruiz not only possesses ‘excellent knowledge’, but also has a ‘very good rapport with government and associations’, which makes its work ‘more efficient’. Reputed practitioner Juan David Barbosa, ‘who is personally involved with matters’, leads an eight-strong practice which is currently advising automotive company Greenland in a five-year investigation initiated by local companies to ascertain whether the duties currently charged are appropriate. The team also assisted Repsol with a successful request for the reduction of a free trade zone applicable to some of its oil-and-gas exploration areas in the Caribbean. Other clients include Hasbro, Colombina, Zona Franca de Barranquilla and Diageo. Juan Guillermo Ruiz is also a key contact.

Leading individuals

Juan Guillermo Ruiz - Posse Herrera Ruiz

Next generation lawyers

Juan David Barbosa - Posse Herrera Ruiz

[back to top]

Labour and employment
Labour and employment - ranked: tier 2

Posse Herrera Ruiz

Recommended for its specific labour knowledge, but also ‘offering an integral vision and commercial orientation’, Posse Herrera Ruiz excels in handling large-scale personnel transfers and dismissals as a result of mergers and restructurings. ‘Strategic and committedCarolina Camacho leads the 12-strong team. The team is advising manufacturer Lucta on its negotiations with workers unions, a process which is now in arbitration; additionally, the team is assisting the company with its payroll due diligence process. In other work, the group represented Syngenta in several labour litigation claims brought by employees arguing they had been exposed to cancer-producing agents. 2018 highlights also include acting as adviser to Schindler in several complaints raised by its unions before the local authorities. Associate Camilo Bernal left the firm to move to Advocat Servicios Legales. Clients include Hino Motors, Unilever, Cencosud, Diageo and Grupo Bolivar.

Leading individuals

Carolina Camacho - Posse Herrera Ruiz

[back to top]

Projects
Projects - ranked: tier 1

Posse Herrera Ruiz

Posse Herrera Ruiz’s team is ‘committed and has the knowledge to deliver projects’ at all stages. Alessia Abello, who is recommended for both her expertise and her management of clients in difficult situations, and José Alejandro Torres co-lead the 15-strong department. Recent mandates include representing Financiera de Desarrollo Nacional regarding contractual matters with Bogotá’s public-transport system, Transmilenio, concerning restructuring of the local bus feeder system. The team is also advising Construcciones El Cóndor on the legal, commercial and financing aspects of a 490km 4G toll road project valued at $355m. Other highlights include advising Banco de Bogotá, Banco Davivienda and Banco de Occidente, as lenders, on the structuring and negotiation of a COP300bn loan facility for the Girardot-Ibagué-Cajamarca 4G toll road concession project. Jaime Herrera and associates Paola Aldana, Sebastián Lora and Natalia Uribe are all noted. Other clients include POMA, Banco Santander and Solarpack.

Leading individuals

Alessia Abello - Posse Herrera Ruiz

Jaime Herrera - Posse Herrera Ruiz

Rising stars

Paola Aldana - Posse Herrera Ruiz

Sebastián Lora - Posse Herrera Ruiz

[back to top]

Real estate
Real estate - ranked: tier 2

Posse Herrera Ruiz

Highly commited to its clients’ goals’, Posse Herrera Ruiz’ real estate practice exhibits ‘strong expertise’ in handling matters from across the full spectrum of the sector, including developments, regeneration initiatives and infrastructure projects; advice on agribusiness and rural real estate; contentious matters; and in particular in acquisitions, investment transactions and corporate structuring. ‘Highly regarded’ figures Andrés Montoya and José Alejandro Torres co-head the ten-strong practice group, with senior associate Alejandro Turbay leading a three-strong team dedicated to urbanisation and zoning regulations that has ‘come of age’ over the last two years. The practice advised BTG Pactual Real Estate Fund in simultaneous negotiations to purchase a land plot, undertake build-to-suit construction, and establish a long-term lease on behalf of Koba, which it has also been assisting with lease matters concerning several of the company’s stores across the country. It also advised four major construction companies – Constructora Bolívar, Cusezar, Constructora Marval and Prodesa – on the acquisition of a land plot in Bogotá for a 12,000-home residential project to be developed over the course of the next 30 years. Other 2018 mandates included assisting mining company Canteras Bella Escocia on the origination of a partial plan for an urban project in land that used to be a quarry. Associate Sergio Salazar is also noted. Other clients include Banco Davivienda, Selina, Terranum Corporativo, Phoenix Towers and Grupo Contempo.

Leading individuals

José Alejandro Torres - Posse Herrera Ruiz

Rising stars

Alejandro Turbay - Posse Herrera Ruiz

[back to top]

TMT
TMT - ranked: tier 4

Posse Herrera Ruiz

Posse Herrera Ruiz's seven strong team is led by ‘well-known figuresErnesto Cavalier and Andrés Montoya, and is particularly active in relation to contractual agreements such as outsourcing contracts between corporations and software developers or suppliers of cloud computing services. The team assisted Amazon with the drafting of a framework contract with UNE Telecommunications (Colombia’s third largest mobile phone provider), relating to communications technologies, and advised Google regarding an app (a clinical reference for skin diseases that generates statistics from a large database) that the company sought to introduce in to Colombia. Other 2018 work highlights included assisting software company Conexia regarding a contract for the provision of cloud computing services with health sector company Positiva.

[back to top]

Tax
Tax - ranked: tier 1

Posse Herrera Ruiz

Clients describe Posse Herrera Ruiz’s tax practitioners as ‘experts in their field – practical and analytical’. Led by the noted Juan Guillermo Ruiz (‘deeply experienced’ and ‘a brilliant attorney’), the 26-strong practice is one of the largest in the country and includes four partners. Juan David Velasco, Juan Camilo de Bedout and senior associate Jaime Gómez are also key figures. Recent headline work saw the practice advise Grupo Sura on the corporate restructuring of its foreign subsidiaries in (among other locations) Chile, Spain, and Curaçao in the wake of business acquisitions. The team also advised Gas Natural Fenosa on the structuring of the sale of its distribution company in Colombia to Brookfield. Other highlights included advising Interconexión Eléctrica Colombia Panamá on the analysis and restructuring of the electric interconnection project intended to link South and Central America’s energy markets, which will permit Colombia to export power to the isthmus. Other clients include Termotasajero, Australis Partners, United Health Group, Cerro Matoso and Avintia.

Leading individuals

Juan Guillermo Ruiz - Posse Herrera Ruiz

Next generation lawyers

Juan Camilo de Bedout - Posse Herrera Ruiz

Juan David Velasco - Posse Herrera Ruiz

[back to top]

Colombia: Dispute resolution

Arbitration
Arbitration - ranked: tier 2

Posse Herrera Ruiz

Posse Herrera Ruiz’s ‘strongly recommended’ 20-strong practice, co-led by Daniel Posse and María Lucía Posada, is particularly noted for its abilities in construction arbitration. The team successfully represented Alianza Fiduciaria in a complex arbitral dispute brought by Manzanillo del Mar Fiduciary Trust involving seven different claims totalling $100m relating to an undeveloped project for which the client was blamed. Posada led the defence of Cerro Matoso in arbitration initiated by a construction company regarding the termination of a maintenance contract prior to its completion. Other 2018 mandates included representing Reficar in an arbitration proceeding against Mantornillos concerning the restitution of an advance payment made for the purchase of items for the refinery; the case was settled out of court on terms beneficial to the client.

[back to top]

Litigation
Litigation - ranked: tier 1

Posse Herrera Ruiz

Posse Herrera Ruiz’s practice is co-headed by founding partner Daniel Posse, described as ‘always the best option’ and praised for ‘his mind-blowing strategies’, along with Carolina Posada, who is also recommended. The 20-strong practice group is ‘solid and structured’; recently, the team successfully represented Bancolombia in a claim filed by Interbolsa that sought to reverse a payment made by the company the day before an intervention by the financial regulator. Other highlights included acting as legal counsel to Gedeon Richter in a constitutional action against the company and other producers of similar medications alleging the violation of consumer rights. María Lucía Posada and Pablo Enrique Sierra are also noted.

Leading individuals

Carolina Posada - Posse Herrera Ruiz

Daniel Posse - Posse Herrera Ruiz

Next generation lawyers

María Lucía Posada - Posse Herrera Ruiz

Pablo Enrique Sierra - Posse Herrera Ruiz

[back to top]

Latin America: International firms

Local practitioners of note (by country)

Specialist boutique ZULETA Abogados Asociados S.A.S fields a number of well regarded practitioners. Name partner Eduardo Zuleta regularly acts as both arbitrator and counsel and is the vice president of the International Court of Arbitration of the ICC; Rafael Rincón Ordóñez is is a name to note for oil and gas disputes; Rafael Bernal Gutiérrez,  Antonio Aljure Salame, Gustavo Suárez Camacho are also highly recommended. Posse Herrera Ruiz has 'a really impressive team that works with international standards'. Daniel Posse acts as both attorney and arbitrator in various domestic and international arbitration proceedings. Posse recently represented a construction services provider in a series of claims against contractors relating to an EPC contract. Suescún AbogadosFelipe Suescún is active in representing local and international clients in complex arbitration cases. Jorge Suescún Melo acts as lead counsel, arbitrator and chairman in a broad range of disputes. Recent highlight saw the duo representing Reficar in a $500m ICC arbitration against an EPC contractor. Brigard Urrutia 's Luis Alfredo Barragán advises clients in domestic and international arbitration.

[back to top]



Colombia

Banking and finance
Banking and finance - ranked: tier 1

Posse Herrera Ruiz

Posse Herrera Ruiz’s highly recommended team is led by Mariana Posse; ‘strategic and very committed to clients’, she led on recent advice to Terpel regarding its $345m bond issue. The team also advised ING Bank on the structuring, negotiation and subscription of a revolving credit facility under English law for the acquisition of Proenfar. Other mandates included advising Banco Davivienda, Banco de Occidente and Banco de Bogotá, as lenders, on an approximately $90m loan to APP Gica to fund a portion of the Girardot-Ibagué-Cajamarca toll-road concession. José Alejandro Torres and associate Adriana Cabal are also key practice members. However, senior associate Mateo Mendoza left to found his own firm, Mendoza Abogados. Clients include Grupo Energía Bogotá, Inverlink and Construcciones El Cóndor.

Leading individuals

Mariana Posse - Posse Herrera Ruiz

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 2

Posse Herrera Ruiz

Posse Herrera Ruiz saw its competition and antitrust department significantly reinforced in March 2019 with the reincorporation of Jorge De Los Ríos, a former director of the firm’s practice group who returns after a little over four years in house at Unilever (where he became global competition counsel). Jaime Herrera heads the six-strong department with key support coming from associates Juan Pablo Bonilla and Hernán Panesso. Litigator Daniel Posse is also active in the area. The team advised Energizer Holdings on the merger clearance of the company’s acquisition of Spectrum Brands’ batteries and portable lighting business. Other recent mandates included representing Lafrancol in two administrative investigations into an alleged violation of the pharmaceutical sector’s price control regulations. As a result, both investigations were closed. Clients include Boeing, Falabella, General Cable and Total Produce.

Rising stars

Hernán Panesso - Posse Herrera Ruiz

Juan Pablo Bonilla - Posse Herrera Ruiz

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 1

Posse Herrera Ruiz

Fielding a 29-strong practice group, Posse Herrera Ruiz is ‘clearly one of the best’ in the field, and is ‘very good in the negotiation process’ of M&As in particular. Recent mandates saw practice head Jaime Herrera (‘a good strategist and very committed to his clients’) and Oscar Tutasaura lead the advice to Bogotá Capital District and Grupo Energía Bogotá (GEB) in the two-phase (local and international), $680m sale of the former’s 10.6% stake in GEB. Working in conjunction with the ‘very disciplined and extremely accurate’ Gabriel Sánchez, Herrera also co-led the advice to Terpel on the acquisition of ExxonMobil’s lubricants business in Colombia, Peru and Ecuador, the fuels business of ExxonMobil Ecuador, and the operation and commercialisation of fuel for Lima’s airport. Meanwhile, José Alejandro Torres assisted BTG Pactual and Inverlink Estructuras Inmobiliarias with a joint venture agreement to manage a collective investment real estate fund. Jaime Cubillos is another key figure in the practice group; senior associates Vivianne Baptiste, Carolina Hernández and the US and Colombia-qualified Lina Vélez are also noted. The firm also has an association with Spanish firm Cuatrecasas for Ibero-Colombian matters. Clients include Quicorp, Cementos Argos and Australis.

Leading individuals

Jaime Herrera - Posse Herrera Ruiz

José Alejandro Torres - Posse Herrera Ruiz

Oscar Tutasaura - Posse Herrera Ruiz

Next generation lawyers

Gabriel Sánchez - Posse Herrera Ruiz

Rising stars

Vivianne Baptiste - Posse Herrera Ruiz

[back to top]

Energy and natural resources
Energy and natural resources - ranked: tier 1

Posse Herrera Ruiz

Posse Herrera Ruiz is particularly knowledgeable in the hydrocarbons sector, as well as having expertise in power generation - including renewables - and environmental law. The ‘effective, knowledgeable, commercially oriented, extremely responsive and fast-pacedÁlvaro José Rodríguez leads a ‘high-quality’ five-strong team that is ‘interlinked with other practice areas’ and has ‘the foresight to identify future risks in any project and tackle them in a proactive manner’. The former legal director of Trafigura in Colombia, Mariana Sanchez is recommended for her ‘effectiveness in major project structuring and complex problem-solving challenges’. The practice advised international independent oil-and-gas companies on onshore and offshore projects and on negotiations and consultations with national regulator ANH regarding a new template contract for deep-sea concessions that was eventually launched in March 2019. The practice also helps these same independent players with the conversion of technical evaluation agreements into exploration and production agreements. The team advised Arrow Exploration on its entry into the Colombian market as both investor and operator with the acquisition of Canacol’s oil fields. It also provides permanent advice to Conoco Phillips, with recent work including assistance regarding a class action seeking the prohibition of the exploration and production of unconventional hydrocarbons. In conventional and renewable power generation and transmission, highlights included acting for Northland Power in the bidding process for the construction of a transmission line to link renewable energy generation facilities in the Guajira region to the national grid. Other clients include Shell, Vestas, Enerfin, Hidrocasanare and GDF Suez. Special counsel Diana Salazar is also noted.

Leading individuals

Álvaro José Rodríguez - Posse Herrera Ruiz

Rising stars

Diana Salazar - Posse Herrera Ruiz

[back to top]

Insurance
Insurance - ranked: tier 3

Posse Herrera Ruiz

Posse Herrera Ruiz primarily deals with insurance and reinsurance matters related to infrastructure projects, where it represents both lenders and sponsors; for example, the practice recently advised Financiera de Desarrollo Nacional on structuring its risk matrix and drafting its insurance requirements. The four-strong team, led by Oscar Tutasaura, also assisted POMA on its insurance clauses concerning the Pereira and the Picacho cable car projects in Medellín. Other clients include CNPX, QBE Europe and Hamilton Re.

[back to top]

Intellectual property
Intellectual property - ranked: tier 3

Posse Herrera Ruiz

The highly regarded Posse Herrera Ruiz offers a one-stop service that centralises IP filings in 23 Latin American countries; it is also particularly experienced in trade mark litigation. Helena Camargo, whose ‘ability for solving problems’ is frequently highlighted, heads the team. The ‘well-knownErnesto Cavalier and noted associates Mónica Bonnett and Annabelle Angarita are also key members of the six-strong practice. Recent matters include representing Converse in a breach of trade mark claim against Traverse All Crazy; and advising Biozoo on a strategy to gain approval for the use of its trade marks after their cancellation following the granting of notoriety status to Laboratorios Zoo. Other clients include Karma Automotive, Aphria, Etex and Inversiones Gondwana.

Rising stars

Annabelle Angarita - Posse Herrera Ruiz

[back to top]

International trade and customs
International trade and customs - ranked: tier 2

Posse Herrera Ruiz

Posse Herrera Ruiz not only possesses ‘excellent knowledge’, but also has a ‘very good rapport with government and associations’, which makes its work ‘more efficient’. Reputed practitioner Juan David Barbosa, ‘who is personally involved with matters’, leads an eight-strong practice which is currently advising automotive company Greenland in a five-year investigation initiated by local companies to ascertain whether the duties currently charged are appropriate. The team also assisted Repsol with a successful request for the reduction of a free trade zone applicable to some of its oil-and-gas exploration areas in the Caribbean. Other clients include Hasbro, Colombina, Zona Franca de Barranquilla and Diageo. Juan Guillermo Ruiz is also a key contact.

Leading individuals

Juan Guillermo Ruiz - Posse Herrera Ruiz

Next generation lawyers

Juan David Barbosa - Posse Herrera Ruiz

[back to top]

Labour and employment
Labour and employment - ranked: tier 2

Posse Herrera Ruiz

Recommended for its specific labour knowledge, but also ‘offering an integral vision and commercial orientation’, Posse Herrera Ruiz excels in handling large-scale personnel transfers and dismissals as a result of mergers and restructurings. ‘Strategic and committedCarolina Camacho leads the 12-strong team. The team is advising manufacturer Lucta on its negotiations with workers unions, a process which is now in arbitration; additionally, the team is assisting the company with its payroll due diligence process. In other work, the group represented Syngenta in several labour litigation claims brought by employees arguing they had been exposed to cancer-producing agents. 2018 highlights also include acting as adviser to Schindler in several complaints raised by its unions before the local authorities. Associate Camilo Bernal left the firm to move to Advocat Servicios Legales. Clients include Hino Motors, Unilever, Cencosud, Diageo and Grupo Bolivar.

Leading individuals

Carolina Camacho - Posse Herrera Ruiz

[back to top]

Projects
Projects - ranked: tier 1

Posse Herrera Ruiz

Posse Herrera Ruiz’s team is ‘committed and has the knowledge to deliver projects’ at all stages. Alessia Abello, who is recommended for both her expertise and her management of clients in difficult situations, and José Alejandro Torres co-lead the 15-strong department. Recent mandates include representing Financiera de Desarrollo Nacional regarding contractual matters with Bogotá’s public-transport system, Transmilenio, concerning restructuring of the local bus feeder system. The team is also advising Construcciones El Cóndor on the legal, commercial and financing aspects of a 490km 4G toll road project valued at $355m. Other highlights include advising Banco de Bogotá, Banco Davivienda and Banco de Occidente, as lenders, on the structuring and negotiation of a COP300bn loan facility for the Girardot-Ibagué-Cajamarca 4G toll road concession project. Jaime Herrera and associates Paola Aldana, Sebastián Lora and Natalia Uribe are all noted. Other clients include POMA, Banco Santander and Solarpack.

Leading individuals

Alessia Abello - Posse Herrera Ruiz

Jaime Herrera - Posse Herrera Ruiz

Rising stars

Paola Aldana - Posse Herrera Ruiz

Sebastián Lora - Posse Herrera Ruiz

[back to top]

Real estate
Real estate - ranked: tier 2

Posse Herrera Ruiz

Highly commited to its clients’ goals’, Posse Herrera Ruiz’ real estate practice exhibits ‘strong expertise’ in handling matters from across the full spectrum of the sector, including developments, regeneration initiatives and infrastructure projects; advice on agribusiness and rural real estate; contentious matters; and in particular in acquisitions, investment transactions and corporate structuring. ‘Highly regarded’ figures Andrés Montoya and José Alejandro Torres co-head the ten-strong practice group, with senior associate Alejandro Turbay leading a three-strong team dedicated to urbanisation and zoning regulations that has ‘come of age’ over the last two years. The practice advised BTG Pactual Real Estate Fund in simultaneous negotiations to purchase a land plot, undertake build-to-suit construction, and establish a long-term lease on behalf of Koba, which it has also been assisting with lease matters concerning several of the company’s stores across the country. It also advised four major construction companies – Constructora Bolívar, Cusezar, Constructora Marval and Prodesa – on the acquisition of a land plot in Bogotá for a 12,000-home residential project to be developed over the course of the next 30 years. Other 2018 mandates included assisting mining company Canteras Bella Escocia on the origination of a partial plan for an urban project in land that used to be a quarry. Associate Sergio Salazar is also noted. Other clients include Banco Davivienda, Selina, Terranum Corporativo, Phoenix Towers and Grupo Contempo.

Leading individuals

José Alejandro Torres - Posse Herrera Ruiz

Rising stars

Alejandro Turbay - Posse Herrera Ruiz

[back to top]

TMT
TMT - ranked: tier 4

Posse Herrera Ruiz

Posse Herrera Ruiz's seven strong team is led by ‘well-known figuresErnesto Cavalier and Andrés Montoya, and is particularly active in relation to contractual agreements such as outsourcing contracts between corporations and software developers or suppliers of cloud computing services. The team assisted Amazon with the drafting of a framework contract with UNE Telecommunications (Colombia’s third largest mobile phone provider), relating to communications technologies, and advised Google regarding an app (a clinical reference for skin diseases that generates statistics from a large database) that the company sought to introduce in to Colombia. Other 2018 work highlights included assisting software company Conexia regarding a contract for the provision of cloud computing services with health sector company Positiva.

[back to top]

Tax
Tax - ranked: tier 1

Posse Herrera Ruiz

Clients describe Posse Herrera Ruiz’s tax practitioners as ‘experts in their field – practical and analytical’. Led by the noted Juan Guillermo Ruiz (‘deeply experienced’ and ‘a brilliant attorney’), the 26-strong practice is one of the largest in the country and includes four partners. Juan David Velasco, Juan Camilo de Bedout and senior associate Jaime Gómez are also key figures. Recent headline work saw the practice advise Grupo Sura on the corporate restructuring of its foreign subsidiaries in (among other locations) Chile, Spain, and Curaçao in the wake of business acquisitions. The team also advised Gas Natural Fenosa on the structuring of the sale of its distribution company in Colombia to Brookfield. Other highlights included advising Interconexión Eléctrica Colombia Panamá on the analysis and restructuring of the electric interconnection project intended to link South and Central America’s energy markets, which will permit Colombia to export power to the isthmus. Other clients include Termotasajero, Australis Partners, United Health Group, Cerro Matoso and Avintia.

Leading individuals

Juan Guillermo Ruiz - Posse Herrera Ruiz

Next generation lawyers

Juan Camilo de Bedout - Posse Herrera Ruiz

Juan David Velasco - Posse Herrera Ruiz

[back to top]

Colombia: Dispute resolution

Arbitration
Arbitration - ranked: tier 2

Posse Herrera Ruiz

Posse Herrera Ruiz’s ‘strongly recommended’ 20-strong practice, co-led by Daniel Posse and María Lucía Posada, is particularly noted for its abilities in construction arbitration. The team successfully represented Alianza Fiduciaria in a complex arbitral dispute brought by Manzanillo del Mar Fiduciary Trust involving seven different claims totalling $100m relating to an undeveloped project for which the client was blamed. Posada led the defence of Cerro Matoso in arbitration initiated by a construction company regarding the termination of a maintenance contract prior to its completion. Other 2018 mandates included representing Reficar in an arbitration proceeding against Mantornillos concerning the restitution of an advance payment made for the purchase of items for the refinery; the case was settled out of court on terms beneficial to the client.

[back to top]

Litigation
Litigation - ranked: tier 1

Posse Herrera Ruiz

Posse Herrera Ruiz’s practice is co-headed by founding partner Daniel Posse, described as ‘always the best option’ and praised for ‘his mind-blowing strategies’, along with Carolina Posada, who is also recommended. The 20-strong practice group is ‘solid and structured’; recently, the team successfully represented Bancolombia in a claim filed by Interbolsa that sought to reverse a payment made by the company the day before an intervention by the financial regulator. Other highlights included acting as legal counsel to Gedeon Richter in a constitutional action against the company and other producers of similar medications alleging the violation of consumer rights. María Lucía Posada and Pablo Enrique Sierra are also noted.

Leading individuals

Carolina Posada - Posse Herrera Ruiz

Daniel Posse - Posse Herrera Ruiz

Next generation lawyers

María Lucía Posada - Posse Herrera Ruiz

Pablo Enrique Sierra - Posse Herrera Ruiz

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Latin America: International firms

Local practitioners of note (by country)

Specialist boutique ZULETA Abogados Asociados S.A.S fields a number of well regarded practitioners. Name partner Eduardo Zuleta regularly acts as both arbitrator and counsel and is the vice president of the International Court of Arbitration of the ICC; Rafael Rincón Ordóñez is is a name to note for oil and gas disputes; Rafael Bernal Gutiérrez,  Antonio Aljure Salame, Gustavo Suárez Camacho are also highly recommended. Posse Herrera Ruiz has 'a really impressive team that works with international standards'. Daniel Posse acts as both attorney and arbitrator in various domestic and international arbitration proceedings. Posse recently represented a construction services provider in a series of claims against contractors relating to an EPC contract. Suescún AbogadosFelipe Suescún is active in representing local and international clients in complex arbitration cases. Jorge Suescún Melo acts as lead counsel, arbitrator and chairman in a broad range of disputes. Recent highlight saw the duo representing Reficar in a $500m ICC arbitration against an EPC contractor. Brigard Urrutia 's Luis Alfredo Barragán advises clients in domestic and international arbitration.

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Further information on Posse Herrera Ruiz

Please choose from this list to view details of what we say about Posse Herrera Ruiz in other jurisdictions.

Colombia

Offices in Bogota, Barranquilla, and Medellin

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