Ustáriz & Abogados Estudio Jurídico > Bogota, Colombia > Firm Profile
Ustáriz & Abogados Estudio Jurídico Offices
CARRERA 11A # 96-51
Ustáriz & Abogados Estudio Jurídico > The Legal 500 Rankings
Lauded for its knowledge of the sector, its participants, products and services, Ustáriz & Abogados Estudio Jurídico is an established boutique with a close -although not exclusive- focus on banking, finance and insurance-related matters. Acting primarily for a range of banks, finance and credit agencies, insurance companies and state entities, it stands out for its regulatory know-how and extensive experience of banking responsibility and fraud, as well as its knowledge of blockchain and fintech matters. Clients also highlight both its use of technology and reputation for training on banking and finance issues. Recent matters include counselling a financial institution on data and electronic fraud in relation to financial operations; acting as special legal counsel in various multi-hundred-million-dollar finance agreements, legal opinions on structuring matters and capital markets work (particularly in relation to ISDA Master Agreements). Partners Luis Humberto Ustáriz ('conceptual clarity and the ability to structure novel solutions to problems') and Jose Federico Ustáriz ('permanent availability' and 'high quality deliverables') co-lead an eight strong team boosted by the September 2020 hire of Adriana Rivera, who, with a decade's relevant experience both in house (Credicorp Capital, Banco Mundo Mujer Alianza Fiduciaria) and in the public sector (Superintendencia Financiera), arrives in private practice as head of the firm's capital markets practice. Effectively a senior counsel at the firm, Pablo Valencia can draw on over 30 years' experience (he too has been in house at various financial institutions including Banco de Colombia -now Bancolombia-, Fiduciaria Alianza and the Superintendencia Financiera). Completing the senior team Manuel Antonio García Cuello is an industrial engineer specialised in financial institutions, risk analysis and compliance.
Luis Humberto Ustáriz; José Federico Ustáriz
‘Attention to detail, focus on delivering customer service of the highest standards, and conceptual clarity. It is undoubtedly at the level of, and is comparable with, the main law firms in the country.‘
‘Luis Humberto Ustáriz: conceptual clarity and the ability to structure novel solutions to problems.’
‘Jose Federico Ustáriz: his permanent availability to meet the client’s needs and the high quality of the deliverables.’
‘The firm is always seeking to innovate, especially in the implementation of technologies for the provision of legal services through tools that simplify client processes.’
‘There is no firm in Colombia that uses artificial intelligence for the benefit of the client as Ustáriz Ábogados does.’
‘A boutique practice highly specialised in banking and international structures / trade issues. It has nothing to envy the largest firms in the region. Luis Humberto Ustáriz’s legal services are of exceptional quality and provided with a high degree of professionalism. It is available 24 hours a day, 7 days a week and is committed to meeting the deadlines to which it has agreed.‘
‘They have a great academic preparation and know the rules that regulate the Colombian financial sector very well. Attention to the matters placed under their consideration are dealt with opportunely and with quality. There is always permanent collaboration from the firm.‘
Fondo Nacional de Garantías
Colombia > Capital markets Tier 3
With a particularly noteworthy list of stockbrokers among its clients, longstanding finance boutique Ustáriz & Abogados Estudio Jurídico is lauded for its specialised capital markets knowledge, particularly as regards regulation and products. Luis Humberto Ustáriz's extensive in-house experience includes roles at the Bogotá stock market's self-regulating body; while José Federico Ustáriz, formerly in house at Corporación Financiera Colombiana, has extensive experience as legal controller in financial institutions and a postgraduate capital markets qualification. The pair co-head an eight-strong team which acts for international investment banks, brokerage firms and trust companies. Its advisory ranges from consultancy regarding securities issuance and the legal risk of potential investments, to securities compliance services, all of which is overseen by new practice director Adriana Rivera, a September-2020 hire from Alianza Fiduciaria - Alianza Valores. The team also includes Pablo Valencia, a senior figure with over 30 years' finance-sector experience, both in house and in private practice. Recent matters include advisory to Fondo Nacional de Garantías to ensure its guarantees cover the bonds issues by real estate companies in the secondary market; and elaborating of ISDA Master Agreements for both local and foreign financial entities. The team has also been particularly active in the regulatory compliance segment - where (non-lawyer) risk specialist Manuel Antonio García C comes to the fore - advising clients Itaú Comisionista de Bolsa, Skandia Valores, Casa de Bolsa, BBVA Valores and Fiduciaria de Occidente, among others.
Luis Humberto Ustáriz; Jose Federico Ustáriz
‘Attention to detail, focus on delivering customer service of the highest standards, and conceptual clarity. The firm is always seeking to innovate, especially in the implementation of technologies for the provision of legal services through tools that simplify client processes. They are undoubtedly at the level and are comparable with the main law firms in the country. – Luis Humberto Ustáriz: conceptual clarity and the ability to structure novel solutions to problems.– Jose Federico Ustáriz: permanent availability to meet customer needs and the high quality of deliverables.‘
‘Their work and competence are excellent. They are diligent and responsive to requests made by our company. The person who stands out is Manuel García.‘
‘A highly specialized boutique practice in banking and international trade / structures issues. It has nothing to envy to the largest firms in the region. Luis Humberto Ustáriz’s legal services are of exceptional quality and provided with a high degree of professionalism. It is available 24 hours a day, 7 days a week and is committed to meeting the deadlines to which it is committed. Nor have we had any issues with billing. Mr Ustáriz shows a total management of the technologies applicable to the services he provides. Again, he has nothing to envy other firms in the region.’
Citivalores (Stockbroker) Skandia Valores (Stockbroker)
Casa de Bolsa (Stockbroker)
BBVA Valores (Stockbroker)
Compass Group (Stockbroker)
Valores Bancolombia (Stockbroker)
BBVA Asset Management
Fiduciaria de Occidente
Itaú Comisionista de Bolsa Colombia
'There is no firm with the experience in financial litigation', that Ustáriz & Abogados Estudio Jurídico has, according to clients who note the firm's 'percentage of effectiveness in winning litigation is unsurpassed'. Moreover, 'it is a law firm that is applying state-of-the-art technology, legal tech, predictive analytics and jurisprudence analysis engines' to prospective cases, giving clients -predominantly drawn from the banking, finance and insurance segments-even greater certainty as regards probable outcomes; it is particularly active in proceedings before the financial regulators. 'A senior lawyer with in-depth knowledge of commercial and financial law, the securities market and procedural law', some regard Luís Humberto Ustáriz as 'the most experienced lawyer in financial litigation in his country'; highly experienced in derivatives, credit issues and wider capital markets related matters, he leads an eight-strong practice whose client roster contains many of the most important fiduciary companies in the country. Key support comes from commercial specialist Angela Restrepo ('analytical, studious, and expert in financial and commercial law'), who is currently undertaking an LLM in procedural law. Fellow founding partner Jose Federico Ustáriz is primarily corporate and finance-focused, but also handles litigation matters; The firm also regularly represents clients in domestic arbitration procedures and has capability in ICC arbitration and NASD dispute resolution.
Luis Humberto Ustáriz
‘There is no firm with the experience in financial litigation, like Ustáriz Abogados. The percentage of effectiveness in winning litigation is unsurpassed. Luis Humberto Ustáriz is the most experienced lawyer in financial litigation in his country. His team makes the service outstandingly the most professional.’
‘Excellent attention. The partners directly attend to the matters that are brought to their consideration. Legal rigour in all its actions.‘
‘Ustariz & Abogados is a boutique firm, with personalised advice, individual monitoring of each of the assigned cases and permanent support in the strategy of judicial defence of the interests of Banco Davivienda.‘
‘The firm has a technological infrastructure that allows online communication, immediate response, application of artificial intelligence and predictive analytics in the solution of cases.‘
‘Luis Humberto Ustariz: is a senior lawyer with in-depth knowledge of commercial and financial law, securities market and procedural law. He is skilled in defining judicial strategy and defending the interests of Banco Davivienda.‘
‘Angela María Restrepo Gómez: is an excellent junior lawyer, analytical, studious, and expert in financial and commercial law.‘
‘Mónica González Pineda: a junior lawyer very skilled in investigation and analysis of court cases placed under her responsibility.‘
‘Angie Patricia Rodriguez Juyar: a junior lawyer with knowledge of procedural, commercial and financial law.‘
Fiduciaria de Occidente
Banco Agrario de Colombia
Consorcio Beta Oil – O&P Ingeniería
Compañía Mundial de Seguros
Cardif Colombia Seguros Generales
Fiduciaria la Previsora
- Advised Fiduciaria de Occidente in a significant Consumer Protection Action that has reached the Superintendence of Finance of Colombia.
- Advised Banco Agrario de Colombia on the recovery of public resources for the construction of subsidised housing.
- Advised Fiduciaria Bogotá, as the manager of Transatlántico Trust (“Patrimonio Autónomo Transatlántico”), in a collective action due to certain contracts related to a trust that the plaintiff regards as detrimental to the local government in Meta.
Ustáriz & Abogados Estudio Jurídico > Firm Profile
Attorneys Luis Humberto Ustáriz Gonzalez and Jose Federico Ustáriz Gonzalez, who have significant experience in legal advice to domestic and foreign companies, established Ustáriz & Abogados Estudio Jurídico in 2006.
The law firm was founded in the belief that a small group of responsible lawyers may provide legal services of the highest quality to customers. Therefore, the law firm provides personalized attention to its customers in order to meet their legal needs in a comprehensive, efficient and confidential manner
The firm’s team of partners and lawyers are graduates from the most prestigious universities in Colombia and many hold postgraduate law degrees on the major legal areas in Colombia and abroad. They have acquired extensive experience to deal competently with the practice areas in which the law firm practices.
The firm is highly appreciated because of the wide experience of its partners and associates handling financial and capital markets issues as well as financial consumer protection and litigation cases.