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Posse Herrera Ruiz

CRA 7 NO 71-52, TORRE A, OFICINA 506, BOGOTÁ, COLOMBIA
Tel:
Work +57 1 325 7300
Fax:
Fax +57 1 325 7313
Email:
Web:
www.phrlegal.com

Colombia

Banking and finance
Banking and finance - ranked: tier 1

Posse Herrera Ruiz

Posse Herrera Ruiz is praised for its ‘outstanding advice, expertise, availability and responsiveness’. The team has been instructed in relation to some of the market’s most innovative project finance transactions, and has been very busy of late advising clients on 4G-related financings. Its roster of clients includes major local and international corporations. It is currently advising an international financial institution on a bond subscription agreement and IPO with an aggregate value of COP50m, a multi-jurisdictional transaction led by the ‘very balanced and pragmaticMariana Posse. She and Alvaro José Rodríguez are acting for Bank of Nova Scotia, the leading name in a syndicate of international lenders, in relation to a $500m financing for oil-and-gas exploration company Gran Tierra Energy International Holdings. Other clients include Banco Davivienda, Terpel and Centennial Towers. Alessia Abello is ‘talented, and an expert in the structuring and incorporation of private equity funds’.

Leading lawyers

Mariana Posse - Posse Herrera Ruiz

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Competition and antitrust
Competition and antitrust - ranked: tier 2

Posse Herrera Ruiz

Posse Herrera Ruiz has a proven track record acting in relation to M&A clearances, restrictive business practices, unfair competition, consumer protection and compliance programmes. The highly specialist six-lawyer team is vastly knowledgeable about regulated markets including tobacco, liquor and pharmaceuticals, and its expertise encompasses the structuring of antitrust compliance programmes, advertising and data protection law, cartel investigations and leniency applications. The team advised FEMSA on all competition matters relating to its acquisition of the Farmasánitas retail drugstore chain, including the filing of the necessary notifications with the SIC. Other clients include Diageo Colombia, LG, Banco Davivienda and Cencosud. Jaime Herrera and Daniel Posse head the practice.

[back to top]

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

Posse Herrera Ruiz

With a team of 38 lawyers, Posse Herrera Ruiz has a very active practice and has been involved in some of the country’s most significant corporate and M&A transactions; its ‘services are second to none’ and it is ‘one of the best firms of the region’. A team led by ‘responsive and well-informed corporate practitioner’ José Alejandro Torres acted for Grupo de Inversiones Suramericana on its $267m acquisition of JP Morgan’s participation in Sura Asset Management; the ‘experiencedJaime Cubillos led advice to Abraaj Group (as a shareholder in Koba International Group) in connection with Valorem’s 34.32% shareholding increase in Koba as a result of the exercise of a preferential right, valued at $68.9m; and the ‘very capable and recognisedJaime Herrera advised FEMSA on its $600m acquisition of a 60% stake in Socofar. Ernesto Cavelier, Alvaro José Rodríguez, Oscar Tutasaura and Francisco Urrutia are all highly recommended.

Leading lawyers

Jaime Herrera - Posse Herrera Ruiz

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Dispute resolution
Dispute resolution - ranked: tier 1

Posse Herrera Ruiz

A leading firm in the dispute resolution field’, Posse Herrera Ruiz’s disputes group assists local and international clients in relation to civil, commercial and administrative claims, including constitutional defence for the protection of collective rights before the domestic courts, and also handles national and international arbitration. The 18-strong team is well versed in complex disputes, and has sector strengths across oil and gas, mining, power and energy, construction and infrastructure. Daniel Posse and Carolina Posada lead the team, which successfully acted for Diageo in negotiations with the government which resulted in a bill having to be presented to Parliament in compliance with obligations subscribed under WTO and Free Trade Agreements with the US and Canada. Cerro Matoso, AngloGold Ashanti, Bancolombia and SD Myers are other clients of the practice.

Leading lawyers

Daniel Posse - Posse Herrera Ruiz

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

Posse Herrera Ruiz

A leading firm in the sector, Posse Herrera Ruiz has a presence in ‘all key segments of the energy and natural resources field’, and is noted for its ‘understanding of business needs’. ‘Notable practitionerFrancisco Urrutia and the ‘very supportive, patient and deeply knowledgeable’ Alvaro José Rodríguez lead the practice. The group is acting for Anadarko on several substantial projects including the drilling of two offshore deep-water wells, and applications for free trade status for nine offshore exploration blocks. It also advised GDF SUEZ on due diligence and other matters relating to its bid to acquire a majority stake in Isagen, in a matter worth approximately $2.6bn. Other clients include Halliburton, Bridas, AUX Colombia, and ConocoPhillips.

Leading lawyers

Alvaro José Rodríguez - Posse Herrera Ruiz

Francisco Urrutia - Posse Herrera Ruiz

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Insurance
Insurance - ranked: tier 3

Posse Herrera Ruiz

Posse Herrera Ruiz’s ten-strong team has substantial experience in the insurance field, and acts for clients in relation to substantial claims and litigation proceedings, corporate and regulatory matters, and the structuring and drafting of policies. Head of the practice Oscar Tutasaura led advice to The Travelers Companies and J Malucelli Reaseguradora on the acquisition of a controlling stake in Cardinal Compañía de Seguros; and the group also acted for Royal and Sun Alliance on the Colombian element of the sale of its business in various Latin American countries to Suramericana, with a transaction value of $617m. Other clients include AON, Grupo Sura and Seguros Bolívar.

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Intellectual property
Intellectual property - ranked: tier 2

Posse Herrera Ruiz

Posse Herrera Ruiz’s IP practice is praised for ‘its high-level service and the good service provided by its highly qualified lawyers’. The eight-lawyer team acted for a major global corporation in opposing the registration of a trade mark on grounds of similarity to one of its internationally known registered marks, successfully applying for the extension of its declaration of notoriety; and assisted Cencosud in the registration of the name ‘JBO Family Care’ despite oppositions filed by Biotecnik. The firm’s other clients include Prebel, Suramericana, Enjoy Casino & Resort, and Sociedad Minera de Santander. Helena Camargo and Ernesto Cavelier lead the team.

[back to top]

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

Posse Herrera Ruiz

With ‘an active international practice’, the ‘first-class’, eight-strong team at Posse Herrera Ruiz continues to advise a mix of standalone clients and clients of the wider firm. It is ‘not just very dedicated but also offers ample knowledge of the area and enjoys a high level of communication with the pertinent authorities’. Recent work includes acting for Anadarko in an application concerning the declaration of nine offshore free trade zones, with a value matter of $300m; and advising adidas Colombia and other exporters on anti-dumping investigations relating to Chinese footwear imports. Other clients include Repsol, Petrobras and Diageo. The practice is led by Juan Guillermo Ruiz, who is ‘an expert in custom matters’, and associate Juan David Barbosa, who is ‘very knowledgeable on Free Trade Agreement matters’.

Leading lawyers

Juan Guillermo Ruiz - Posse Herrera Ruiz

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Labour and employment
Labour and employment - ranked: tier 2

Posse Herrera Ruiz

The ‘well-balanced’ labour team at Posse Herrera Ruiz works closely with the firm’s other departments, advising local and international clients across the full range of contentious and non-contentious matters, including social security, immigration and restructurings. The 12-strong group is directed by Carolina Camacho, who is a ‘leading lawyer in the area’. Recent work includes acting for an international mining corporation in a $1m action relating to a fatal accident suffered by an employee; and advising a metal-producing company on the negotiation of contract terminations with its employees following the closure of one of its branches. Clients include Cencosud, PepsiCo, Cerromatoso and Anadarko. Associate Camilo Bernal is also noted.

Leading lawyers

Carolina Camacho - Posse Herrera Ruiz

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Projects
Projects - ranked: tier 1

Posse Herrera Ruiz

A real leader in the market and one of the most respected practices in the country’, Posse Herrera Ruiz stands out for ‘its expertise in PPP, bidding procedures, and financing/contractual issues’. It has been active assisting clients in relation to bids for major 4G concession projects and related financings, and is currently advising CODAD on negotiations with the ANI seeking approval to expand the scope of its current concession contract regarding Bogotá’s El Dorado airport to include the construction of additional exit-ways and parallel runways, in a matter worth $70m. It also acted as counsel to Vinci/Conconcreto in the pre-qualifying stages of a bidding process for the Mar-1 Project, worth around $700m; and advised Concesionaria Alternativas Viales in relation to the PPP contract for the construction of the $650m Cambao-Manizales and Ibagué-Mariquita-Honda highway. Alessia Abello, José Alejandro Torres, Jaime Herrera, Alvaro José Rodríguez and Mariana Posse are all key members of the team.

Leading lawyers

Alessia Abello - Posse Herrera Ruiz

Jaime Herrera - Posse Herrera Ruiz

[back to top]

Real estate
Real estate - ranked: tier 2

Posse Herrera Ruiz

Posse Herrera Ruiz’s real estate group is focused on urban and rural acquisitions and acts for real estate funds, construction companies and developers, covering instructions ranging from due diligence, lease negotiation, project finance, and strategic planning to financial structures for the development and use of land. Based across the firm’s offices in Bogotá and Medellín, the eight-lawyer group is led by José Alejandro Torres, who is ‘very capable and responsive’, and the ‘knowledgeable’ Andrés Montoya. Recent work includes acting for a well-known fund in relation to a $15m real estate project in Bogotá, and also in the $80m acquisition of a fiduciary interest in a major commercial centre. Clients include Bancolombia real estate fund, Jamestown, Inmoval and Verizon Business.

Leading lawyers

José Alejandro Torres - Posse Herrera Ruiz

[back to top]

Tax
Tax - ranked: tier 1

Posse Herrera Ruiz

Posse Herrera Ruiz’s group is ‘first class: efficient and resourceful, with great knowledge of tax affairs’. The 25-strong practice is one of the largest in the country, and covers the full range of tax matters across transactions, transfer pricing, general consultancy, litigation and wealth management and planning. Co-head of the practice, Juan Guillermo Ruiz is ‘an authority in tax issues not only in Colombia but in Latin America, and is highly respected by the authorities’. Barranquilla-based Felipe Aroca co-leads the group, and is notable for his expertise in contentious matters and transfer pricing. Associate Juan Camilo de Bedout is also recommended. The team is acting for Anadarko in the structuring and development of its offshore operations in the country; and also assisted Interconexión Eléctrica on corporate and finance structuring matters relating to its $450m Colombia-Panamá electricity interconnection project. Other clients include Shell, Bancolombia, Diageo and Terpel.

Leading lawyers

Juan Guillermo Ruiz - Posse Herrera Ruiz

[back to top]

Latin America: International firms

Local practitioners of note (by country)

One of the best-known international arbitration lawyers from Latin America’, Eduardo Zuleta of Zuleta Abogados Asociados is ALARB president and also sits as one of ten members of the ICSID Panel of Arbitrators directly appointed by the chairman of the body’s Administrative Council. He is representing Ecopetrol subsidiary Hocol in a London ICC arbitration, one of the few cases in which a Colombian state-owned entity is in arbitration outside of the country. Since publication, Zuleta has announced his departure from the firm as of January 2017. Posse Herrera Ruiz’s Daniel Posse successfully defended international oil storage company Oiltanking against allegations of having breached a maritime services agreement, in one of the first international arbitrations carried out under the rules of the Arbitration Centre of the Chamber of Commerce of Bogotá (CCB). Jorge Suescún Melo is the key contact for international arbitration at specialist firm Suescún Abogados; trilingual, and with experience of over 120 arbitral procedures, his recent clients include Odebrecht, Alstom and Goldman Sachs subsidiary Colombian Natural Resources I.

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Colombia

Banking and finance
Banking and finance - ranked: tier 1

Posse Herrera Ruiz

Posse Herrera Ruiz is praised for its ‘outstanding advice, expertise, availability and responsiveness’. The team has been instructed in relation to some of the market’s most innovative project finance transactions, and has been very busy of late advising clients on 4G-related financings. Its roster of clients includes major local and international corporations. It is currently advising an international financial institution on a bond subscription agreement and IPO with an aggregate value of COP50m, a multi-jurisdictional transaction led by the ‘very balanced and pragmaticMariana Posse. She and Alvaro José Rodríguez are acting for Bank of Nova Scotia, the leading name in a syndicate of international lenders, in relation to a $500m financing for oil-and-gas exploration company Gran Tierra Energy International Holdings. Other clients include Banco Davivienda, Terpel and Centennial Towers. Alessia Abello is ‘talented, and an expert in the structuring and incorporation of private equity funds’.

Leading lawyers

Mariana Posse - Posse Herrera Ruiz

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 2

Posse Herrera Ruiz

Posse Herrera Ruiz has a proven track record acting in relation to M&A clearances, restrictive business practices, unfair competition, consumer protection and compliance programmes. The highly specialist six-lawyer team is vastly knowledgeable about regulated markets including tobacco, liquor and pharmaceuticals, and its expertise encompasses the structuring of antitrust compliance programmes, advertising and data protection law, cartel investigations and leniency applications. The team advised FEMSA on all competition matters relating to its acquisition of the Farmasánitas retail drugstore chain, including the filing of the necessary notifications with the SIC. Other clients include Diageo Colombia, LG, Banco Davivienda and Cencosud. Jaime Herrera and Daniel Posse head the practice.

[back to top]

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

Posse Herrera Ruiz

With a team of 38 lawyers, Posse Herrera Ruiz has a very active practice and has been involved in some of the country’s most significant corporate and M&A transactions; its ‘services are second to none’ and it is ‘one of the best firms of the region’. A team led by ‘responsive and well-informed corporate practitioner’ José Alejandro Torres acted for Grupo de Inversiones Suramericana on its $267m acquisition of JP Morgan’s participation in Sura Asset Management; the ‘experiencedJaime Cubillos led advice to Abraaj Group (as a shareholder in Koba International Group) in connection with Valorem’s 34.32% shareholding increase in Koba as a result of the exercise of a preferential right, valued at $68.9m; and the ‘very capable and recognisedJaime Herrera advised FEMSA on its $600m acquisition of a 60% stake in Socofar. Ernesto Cavelier, Alvaro José Rodríguez, Oscar Tutasaura and Francisco Urrutia are all highly recommended.

Leading lawyers

Jaime Herrera - Posse Herrera Ruiz

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 1

Posse Herrera Ruiz

A leading firm in the dispute resolution field’, Posse Herrera Ruiz’s disputes group assists local and international clients in relation to civil, commercial and administrative claims, including constitutional defence for the protection of collective rights before the domestic courts, and also handles national and international arbitration. The 18-strong team is well versed in complex disputes, and has sector strengths across oil and gas, mining, power and energy, construction and infrastructure. Daniel Posse and Carolina Posada lead the team, which successfully acted for Diageo in negotiations with the government which resulted in a bill having to be presented to Parliament in compliance with obligations subscribed under WTO and Free Trade Agreements with the US and Canada. Cerro Matoso, AngloGold Ashanti, Bancolombia and SD Myers are other clients of the practice.

Leading lawyers

Daniel Posse - Posse Herrera Ruiz

[back to top]

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

Posse Herrera Ruiz

A leading firm in the sector, Posse Herrera Ruiz has a presence in ‘all key segments of the energy and natural resources field’, and is noted for its ‘understanding of business needs’. ‘Notable practitionerFrancisco Urrutia and the ‘very supportive, patient and deeply knowledgeable’ Alvaro José Rodríguez lead the practice. The group is acting for Anadarko on several substantial projects including the drilling of two offshore deep-water wells, and applications for free trade status for nine offshore exploration blocks. It also advised GDF SUEZ on due diligence and other matters relating to its bid to acquire a majority stake in Isagen, in a matter worth approximately $2.6bn. Other clients include Halliburton, Bridas, AUX Colombia, and ConocoPhillips.

Leading lawyers

Alvaro José Rodríguez - Posse Herrera Ruiz

Francisco Urrutia - Posse Herrera Ruiz

[back to top]

Insurance
Insurance - ranked: tier 3

Posse Herrera Ruiz

Posse Herrera Ruiz’s ten-strong team has substantial experience in the insurance field, and acts for clients in relation to substantial claims and litigation proceedings, corporate and regulatory matters, and the structuring and drafting of policies. Head of the practice Oscar Tutasaura led advice to The Travelers Companies and J Malucelli Reaseguradora on the acquisition of a controlling stake in Cardinal Compañía de Seguros; and the group also acted for Royal and Sun Alliance on the Colombian element of the sale of its business in various Latin American countries to Suramericana, with a transaction value of $617m. Other clients include AON, Grupo Sura and Seguros Bolívar.

[back to top]

Intellectual property
Intellectual property - ranked: tier 2

Posse Herrera Ruiz

Posse Herrera Ruiz’s IP practice is praised for ‘its high-level service and the good service provided by its highly qualified lawyers’. The eight-lawyer team acted for a major global corporation in opposing the registration of a trade mark on grounds of similarity to one of its internationally known registered marks, successfully applying for the extension of its declaration of notoriety; and assisted Cencosud in the registration of the name ‘JBO Family Care’ despite oppositions filed by Biotecnik. The firm’s other clients include Prebel, Suramericana, Enjoy Casino & Resort, and Sociedad Minera de Santander. Helena Camargo and Ernesto Cavelier lead the team.

[back to top]

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

Posse Herrera Ruiz

With ‘an active international practice’, the ‘first-class’, eight-strong team at Posse Herrera Ruiz continues to advise a mix of standalone clients and clients of the wider firm. It is ‘not just very dedicated but also offers ample knowledge of the area and enjoys a high level of communication with the pertinent authorities’. Recent work includes acting for Anadarko in an application concerning the declaration of nine offshore free trade zones, with a value matter of $300m; and advising adidas Colombia and other exporters on anti-dumping investigations relating to Chinese footwear imports. Other clients include Repsol, Petrobras and Diageo. The practice is led by Juan Guillermo Ruiz, who is ‘an expert in custom matters’, and associate Juan David Barbosa, who is ‘very knowledgeable on Free Trade Agreement matters’.

Leading lawyers

Juan Guillermo Ruiz - Posse Herrera Ruiz

[back to top]

Labour and employment
Labour and employment - ranked: tier 2

Posse Herrera Ruiz

The ‘well-balanced’ labour team at Posse Herrera Ruiz works closely with the firm’s other departments, advising local and international clients across the full range of contentious and non-contentious matters, including social security, immigration and restructurings. The 12-strong group is directed by Carolina Camacho, who is a ‘leading lawyer in the area’. Recent work includes acting for an international mining corporation in a $1m action relating to a fatal accident suffered by an employee; and advising a metal-producing company on the negotiation of contract terminations with its employees following the closure of one of its branches. Clients include Cencosud, PepsiCo, Cerromatoso and Anadarko. Associate Camilo Bernal is also noted.

Leading lawyers

Carolina Camacho - Posse Herrera Ruiz

[back to top]

Projects
Projects - ranked: tier 1

Posse Herrera Ruiz

A real leader in the market and one of the most respected practices in the country’, Posse Herrera Ruiz stands out for ‘its expertise in PPP, bidding procedures, and financing/contractual issues’. It has been active assisting clients in relation to bids for major 4G concession projects and related financings, and is currently advising CODAD on negotiations with the ANI seeking approval to expand the scope of its current concession contract regarding Bogotá’s El Dorado airport to include the construction of additional exit-ways and parallel runways, in a matter worth $70m. It also acted as counsel to Vinci/Conconcreto in the pre-qualifying stages of a bidding process for the Mar-1 Project, worth around $700m; and advised Concesionaria Alternativas Viales in relation to the PPP contract for the construction of the $650m Cambao-Manizales and Ibagué-Mariquita-Honda highway. Alessia Abello, José Alejandro Torres, Jaime Herrera, Alvaro José Rodríguez and Mariana Posse are all key members of the team.

Leading lawyers

Alessia Abello - Posse Herrera Ruiz

Jaime Herrera - Posse Herrera Ruiz

[back to top]

Real estate
Real estate - ranked: tier 2

Posse Herrera Ruiz

Posse Herrera Ruiz’s real estate group is focused on urban and rural acquisitions and acts for real estate funds, construction companies and developers, covering instructions ranging from due diligence, lease negotiation, project finance, and strategic planning to financial structures for the development and use of land. Based across the firm’s offices in Bogotá and Medellín, the eight-lawyer group is led by José Alejandro Torres, who is ‘very capable and responsive’, and the ‘knowledgeable’ Andrés Montoya. Recent work includes acting for a well-known fund in relation to a $15m real estate project in Bogotá, and also in the $80m acquisition of a fiduciary interest in a major commercial centre. Clients include Bancolombia real estate fund, Jamestown, Inmoval and Verizon Business.

Leading lawyers

José Alejandro Torres - Posse Herrera Ruiz

[back to top]

Tax
Tax - ranked: tier 1

Posse Herrera Ruiz

Posse Herrera Ruiz’s group is ‘first class: efficient and resourceful, with great knowledge of tax affairs’. The 25-strong practice is one of the largest in the country, and covers the full range of tax matters across transactions, transfer pricing, general consultancy, litigation and wealth management and planning. Co-head of the practice, Juan Guillermo Ruiz is ‘an authority in tax issues not only in Colombia but in Latin America, and is highly respected by the authorities’. Barranquilla-based Felipe Aroca co-leads the group, and is notable for his expertise in contentious matters and transfer pricing. Associate Juan Camilo de Bedout is also recommended. The team is acting for Anadarko in the structuring and development of its offshore operations in the country; and also assisted Interconexión Eléctrica on corporate and finance structuring matters relating to its $450m Colombia-Panamá electricity interconnection project. Other clients include Shell, Bancolombia, Diageo and Terpel.

Leading lawyers

Juan Guillermo Ruiz - Posse Herrera Ruiz

[back to top]

Latin America: International firms

Local practitioners of note (by country)

One of the best-known international arbitration lawyers from Latin America’, Eduardo Zuleta of Zuleta Abogados Asociados is ALARB president and also sits as one of ten members of the ICSID Panel of Arbitrators directly appointed by the chairman of the body’s Administrative Council. He is representing Ecopetrol subsidiary Hocol in a London ICC arbitration, one of the few cases in which a Colombian state-owned entity is in arbitration outside of the country. Since publication, Zuleta has announced his departure from the firm as of January 2017. Posse Herrera Ruiz’s Daniel Posse successfully defended international oil storage company Oiltanking against allegations of having breached a maritime services agreement, in one of the first international arbitrations carried out under the rules of the Arbitration Centre of the Chamber of Commerce of Bogotá (CCB). Jorge Suescún Melo is the key contact for international arbitration at specialist firm Suescún Abogados; trilingual, and with experience of over 120 arbitral procedures, his recent clients include Odebrecht, Alstom and Goldman Sachs subsidiary Colombian Natural Resources I.

[back to top]


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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