Mr Luis Humberto Ustáriz > Ustáriz & Abogados Estudio Jurídico > Bogota, Colombia > Lawyer Profile

Ustáriz & Abogados Estudio Jurídico
CARRERA 11A # 96-51
BOGOTA
Colombia

Work Department

Banking & Finance, Dispute Resolution

Position

Founding Partner

Career

Estudio Jurídico Ustáriz & Abogados Founding Partner, with more than 25 years of experience. Advices leading local and foreign companies in the areas of capital markets, banking and finance, dispute resolution and derivatives; he worked as Legal Vice-President of the Chamber of Commerce of Bogotá; Legal Vice-President of the Corporación Financiera del Valle S.A. (today Corporación Financiera Colombiana); General Secretary of Company Central de Seguros S.A. (today QBE Seguros S.A.); Counselor of the Banking Superintendent (today Finance Superintendency of Colombia); Counselor on the Ministry of Finance and Public Credit; Director of the Master’s Degree on Economic Law of the Javeriana University; Coordinator of the Training Center on Conflicts of Interests from the same University.

Languages

English, Spanish

Memberships

Member of of the International Swaps and Derivatives Association (ISDA)

Education

Attorney-at-law – Pontificia Universidad Javeriana; Master’s Degree on Economic Law – Pontificia Universidad Javeriana; Graduate Degree on Financial Legislation – Universidad de los Andes; LL.M. degree at the University of California, Berkeley, Business Certificate; Ph.D candidate on Private Law – Universidad de Salamanca; courses in Blockchain Unlocked Academy, Fundamentals of Banking Law & FinTech and ISDA in New York. Finally, he has studies on International Arbitration in Virginia (United States) and Paris (France).

Lawyer Rankings

Colombia > Banking and finance

Ustáriz & Abogados Estudio Jurídico is increasingly sought after, with its good balance between transactional work and specialised regulatory matters. Acting in particular for fiduciary trusts, sources note the boutique’s strength in the negotiation of derivative and structured products, including the negotiation of ISDA and CSA contracts. The group also stands out for its knowledge of blockchain and fin-tech matters. A former legal vice-president of Central de Seguros (now QBE Seguros), practice head Luís Humberto Ustáriz co-leads the eight-strong practice with Jose Federico Ustáriz, who has also held roles in the private sector, including as legal controller. The firm also handles litigious disputes related to credit issues, consumer protection actions and defending retail clients before the financial regulator.

Colombia > Capital markets

Boutique Ustáriz & Abogados Estudio Jurídico is lauded for its specialised knowledge in capital markets regulation and products. Luís Humberto Ustáriz, whose experience includes senior roles in the private sector, co-heads an eight-strong team which acts for international investment banks, brokerage firms and trust companies. The advisory ranges from consultancy regarding securities issuance and the legal risk of potential investments, to securities compliance services. Additionally, the firm undertakes administrative representation and litigation before the financial regulator.

Colombia > Dispute resolution > Litigation

Ustáriz & Abogados Estudio Jurídico‘s ‘technologically developed law’ practice is heavily slanted towards the financial and insurance sectors handling commercial and administrative litigation and representing financial and insurance companies in proceedings promoted by financial consumers before the regulators. Under the leadership of Luís Humberto Ustáriz -who is highly experienced in derivatives, credit issues and wider capital markets related matters- the eight-strong practice roster of clients contains many of the most important fiduciary companies in the country. 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.