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AV. CANAVAL Y MOREYRA 452, 9TH, 14TH, 15TH & 17TH FLOORS, SAN ISIDRO, LIMA, PERU
Tel:
Work +51 1 442 5100
Web:
www.rebaza-alcazar.com

Peru

Banking and finance
Banking and finance - ranked: tier 2

Rebaza, Alcázar & De Las Casas

Rafael Alcázar’s banking and finance team at Rebaza, Alcázar & De Las Casas is divided into three sub-areas – banking financing, banking regulatory and capital markets – and it packs a punch in all three. The firm receives a steady stream of mandates from international multilaterals (International Finance Corporation, Inter-American Investment Corporation), international banks (Bank of China, JP Morgan, Credit Suisse), as well as national banks and financial entities (Scotiabank Perú, Banco de Comercio), and also has strong links with insurance companies (Rimac Seguros, Rigel) and private investment funds (Pantheon, Oaktree, Coller Capital). On the banking financing side, the team features prominent practitioners including founding partners Rafael Alcázar (who also heads the practice) and Alberto Rebaza, as well as Juan José Cárdenas and Luis Miguel Elías. Alcázar has a hand in many of the firm’s most high-profile deals; supported by senior associates Gonzalo Soriano and Cinthia Cánepa, he recently advised Empresa de Generación Eléctrica Santa Ana on a $45m long term loan agreement, co-financed by COFIDE and granted by Banco de Crédito del Perú, to repay a $33.6m bridge loan and finance the construction of a hydroelectric power plant. Highlights on the capital markets side included Rebaza, Felipe Boisset and Alcázar’s advise to Camposol on the launching of a $147m Rule 144A/Reg. S senior notes international exchange offer, which included the creation of an asset trust as collateral for the original and new notes. Elías and tax expert Camilo Maruy also assisted Canadian mining company Hudbay Minerals with a $1bn issuance of two series of notes. On the banking regulatory side, Alcázar teamed up with counsel María Isabel Pastor and senior associate Janett Burga to advise Altamar Capital Privado on a series of regulatory queries before Peru’s banking superintendency, in relation to the eligibility of investment under new regulations. Alexandra Orbezo is highly regarded for regulatory matters and also handles transactional issues. Senior associates Álvaro Castro Lora and María del Pilar Sánchez are also recommended.

Leading lawyers

Rafael Alcázar - Rebaza, Alcázar & De Las Casas

Next generation lawyers

Álvaro Castro Lora - Rebaza, Alcázar & De Las Casas

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Bankruptcy and restructuring
Bankruptcy and restructuring - ranked: tier 1

Rebaza, Alcázar & De Las Casas

Rebaza, Alcázar & De Las Casas’ practice is built around the expertise of senior partners José Antonio Jiménez and Gonzalo De las Casas, who are both leading names in Peru’s bankruptcy and restructuring arena. Sources note that, given its ‘very high-quality work’ and ‘breadth of experience and talent’, the firm is ‘the first choice for nearly any debtor’ in insolvency matters. The team leads the way with both creditors and distressed companies’ insolvency and liquidation procedures, as well as private restructurings and the acquisition and sale of credits. De las Casas is currently advising Glencore on all the stages of Doe Run Perú’s liquidation proceedings, with claims close to $16m; he also assists AYS, a company related to Glencore, with its $30m liquidation proceeding resulting from Doe Run Perú’s insolvency. On the restructuring side, the team assisted Abengoa Perú with preventive insolvency proceedings (linked to the pre-bankruptcy procedure of its Spanish principal), which were withdrawn after successfully reaching a private restructuring agreement. Recently appointed partner, Daniel Gonzales, and senior associate Ricardo Cárdenas are also highly regarded.

Leading lawyers

Gonzalo de las Casas - Rebaza, Alcázar & De Las Casas

José Antonio Jiménez - Rebaza, Alcázar & De Las Casas

Next generation lawyers

Ricardo Cárdenas - Rebaza, Alcázar & De Las Casas

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

Rebaza, Alcázar & De Las Casas

Rebaza, Alcázar & De Las Casashas corporate and M&A work in its DNA’ and has established itself as a key player in the market’s high-end corporate deals. Led by the firm’s managing partner – the highly regarded and ‘excellent’ Alberto Rebaza – the team secured a rich mix of instructions in 2016 and advised on deals in a range of sectors, including banking and finance, pension funds, fishing, mining, food, retail, and telecoms. Complex and cross-border transactions are a specialism – including region-wide operations involving the jurisdictions of Bolivia, Brazil, Chile, Colombia, Ecuador and Venezuela – as is the establishment of companies starting operations in Peru. Rebaza had a lead role in a slew of high profile transactions over the past year. Together with Luis Miguel Elías, he assisted Glencore with its $26m acquisition of the Contonga mine from Nyrstar (including mineral claims in Quebec), within the framework of Nyrstar’s sale of the majority of its mining assets. In conjunction with Felipe Boisset he also advised Albis on the sale of all its capital stock to Quicorp (Mifarma); while with Alexandra Orbezo he acted for the seller in Colombian private equity fund Kandeo’s $51m acquisition of an indirect 50% shareholding in microfinance institution Acceso Crediticio. Other matters saw Juan José Cárdenas advise Olo del Perú, as seller, on its acquisition by América Móvil Perú from Russian investors ICT Group, AN&N Investment and Multinet Group. Daniel Gonzales, who made partner in July 2017, and senior associate Fiorella Atoche, are also both key practitioners.

Leading lawyers

Alberto Rebaza - Rebaza, Alcázar & De Las Casas

Next generation lawyers

Daniel Gonzales - Rebaza, Alcázar & De Las Casas

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Dispute resolution
Dispute resolution - ranked: tier 4

Rebaza, Alcázar & De Las Casas

Rebaza, Alcázar & De Las Casas gave a significant boost to its dispute resolution practice in 2016 by integrating white-collar crime boutique Loli & García Cavero Abogados; the new arrivals include top-flight white-collar litigator Augusto Loli (who joins as a senior partner), and Percy García, (who joins as counsel). In a major headline case, Loli is currently advising Peru’s President, Pedro Pablo Kuczynski Godard, in a criminal investigation over his alleged involvement in Brazil’s Lava Jato scandal when he was Prime Minister; the case was later dismissed, but an appeal is still pending. He also successfully defended Banco de Crédito del Perú in criminal proceedings over fraud claims; and Telefónica del Perú over alleged collusion with former government officials resulting in tax fraud. Jose Miguel Cardenas remains the name to note for civil, commercial and administrative litigation and arbitration. Since research concluded, Roger Zavaleta has joined the department, as a partner, from Muñiz, Ramírez, Pérez-Taiman & Olaya Abogados.

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Labour and employment
Labour and employment - ranked: tier 4

Rebaza, Alcázar & De Las Casas

María Haydée Zegarra heads the five-strong team at Rebaza, Alcázar & De Las Casas, with key support from senior associates Omar Díaz, Elizene Vásquez de Velasco and Sofía Briceño. The practice handles a broad array of non-contentious matters and employment litigation for local and international clients, including hiring of personnel, outsourcing, structuring of salary policies and severance programs, as well as collective bargaining and immigration law.

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Projects and infrastructure
Projects and infrastructure - ranked: tier 3

Rebaza, Alcázar & De Las Casas

Rebaza, Alcázar & De Las Casas strengthened its position in the market in 2016 through the promotion of María Luisa Peña to the partnership. The team covers a wide range of projects matters, from inception to financing and implementation, and has recently handled a slew of PPP transactions. Juan José Cárdenas is the key contact, and advised MESSER Gases del Perú on its $100m agreement with Siderperu for the supply of industrial gas, including the construction of an air separation plant. Other clients include Cintra Infraestructura, Dubai Ports World and Goldman Sachs. Luis Miguel Elías is also recommended.

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Tax
Tax - ranked: tier 3

Rebaza, Alcázar & De Las Casas

Rebaza, Alcázar & De Las Casas’ tax team primarily concentrates on advising on the tax structures of domestic and cross-border M&A and investment transactions. However, the practice is not a bolt-on offering for the firm, and has the reputation to win standalone work, including tax litigation instructions, thanks to the skills of team co-head Camilo Maruy. The team advised Olo del Perú on all the tax aspects of the transfer of its shares to America Movil, including a due diligence process, and tax matters related to the sale structure. On the contentious side, Maruy is acting for Bonai in administrative procedures before the Peruvian Tax Court over various VAT claims. Senior associates Andres Gjurinovic and Pilar Huamán are also recommended. 2016 client wins included Albis, Michael Michell, and Industrial Textil Piura.

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Peru

Offices in Lima

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