Pérez Correa González > Mexico City, Mexico > Firm Profile

Pérez Correa González
CORPORATE CITI CENTER
INSURGENTES SUR 1602 (Fl.11 / Of.1102
MEXICO CITY 03940
Mexico

Mexico > Bankruptcy and restructuring Tier 2

The 18-strong practice at Pérez Correa González handles the range of contentious and non-contentious bankruptcy and restructuring matters – its members regularly act as conciliators, mediators, receivers, and liquidators in bankruptcy proceedings. In recent months, the group has been instructed by banks and other financial institutions, hydrocarbons and logistics companies, as well as private individuals. A recent work highlight saw practice co-head Fernando Pérez Correa act as conciliator in the Perforadora Oro Negro and Servicios Petroleros Oro Negro bankruptcies. Alongside him, co-head Zulima González is active on Mexican and cross-border bankruptcy proceedings; José Covarrubias completes the leadership trio, bringing dispute resolution and arbitration expertise to the table.

Practice head(s):

Fernando Pérez Correa; Zulima González; José Covarrubias Azuela

Testimonials

The PCGA team maintains an internal organisation of matters for its consistent attention; the knowledge and experience applied make the difference in decision-making and understanding of cases.

PCGA attorneys are highly trained and have remarkable knowledge on the subject.

Key clients

Landsteiner Scientific

China Development Bank

CSI Leasing México

Servicios Petroleros San Antonio Internacional

San Antonio Internacional Equipos de Perforación

Instituto Federal de Especialistas de Concursos Mercantiles

Prime/CRDF Los Jardines

Turbo Limited (formerly Biciclo)

Paclease Mexicana

MTI Transport

Work highlights

  • Advised Landsteiner Scientific on the bankruptcy proceedings filed by one of its creditors.
  • Represented China Development Bank, as a creditor, in Altán Redes’ bankruptcy proceedings.
  • Represented CSI Leasing Mexico in Grupo Famsa’s bankruptcy proceedings.

Mexico > Dispute resolution: litigation Tier 3

Possessing ‘many strengths to work with’, the litigation team at Pérez Correa González has recently grown its client base of foreign financial institutions, and is also noted for its prowess in cross-border cases, particularly involving US law. The department regularly acts for companies in disputes with distributors, as well as in various kinds of debt collection matters. José Covarrubias receives considerable praise from clients and concentrates on civil litigation; he co-leads the department with Fernando Pérez Correa, who is a recognised figure in the market for all forms of dispute resolution. Experienced associate Jessica Ávalos stands out among the crop of non-partner lawyers in the practice.

Practice head(s):

Fernando Pérez Correa; José Covarrubias

Testimonials

José Covarrubias knows contentious matters and attends us correctly.

Jose Covarrubias has very good knowledge regarding the procedural framework to attend trials.

Pérez Correa González has many strengths to work with. For instance, they are very diligent, good at communications, very professional with their work. I have worked with different legal firms and I would say they are the no.1 team that I have ever worked with. In regards to my last case in Mexico, I believe that we would not have obtained the same favorable result if we did not work with them.

I worked with José Covarrubias Azuela mostly and he is the key litigation partner in PCG. Despite a time difference, he was always there to communicate with us and gave us prompt feedback and work resulta at all times. His knowledge of the case was exceptional and definitely, and he is the lawyer I could recommend to others (I have recommended him to my colleague from another division too). I am confident to recommend him to anyone and they will not be disappointed with Jose’s work.

Key clients

Aceros Camesa

Investigación Farmacéutica

Getman

Work highlights

  • Represented Investigación Farmacéutica in legal actions to recover the possession of a property located in the city of Cuautla, Morelos.
  • Acting for Aceros Camesa in a dispute against a subsidiary of a construction company (and its holding company), to collect amounts owed for the sale of diverse steel products.
  • Advising Getman on a dispute brought by a former distributor in Mexico, alleging the breach of an exclusive distribution agreement.

Mexico > Real estate Tier 3

Described by one client as a ‘solid and reliable team – extremely committed with excellent legal and market knowledge’, the real estate practice at Pérez Correa González is known for its counsel on joint ventures, land acquisitions, project development (for industrial, residential and hospitality projects), financings, and purchase and lease agreements. Domestic and multinational corporations, banks, non-bank financial institutions, investment funds and technology companies regularly feature on its client roster. At the helm of the practice, Luis González handles complex real estate and M&A transactions; González is recommended by one client, who considers him an ‘excellent choice’ for his ‘technical skill and ability to resolve doubts’. Vancouver-based partner Omar Aguilar participates in the structuring and negotiation of joint ventures, as well as designing investment and financial structures for real estate clients. Juan Carlos Izaza is the key associate-level contact, and specialises in corporate, M&A and real estate transactions, as well as the design, drafting and negotiation of commercial agreements. Associate María Fernanda López Lledó left the firm in May 2022; however, associate Eduardo Montenegro joined the firm in September of the same year.

Practice head(s):

Luis González

Testimonials

The lawyers have deep knowledge of the real estate sector, anticipating possible risks and complications. It is a very solid and reliable team – extremely committed with excellent legal and market knowledge.

The firm maintains, at all times, very high standards in communication and attention to detail. They are committed to ethical and socially responsible behaviour.

They are excellent professionals both for their technical skill and their client service.

I would like to highlight Luis González. His technical skill and ability to resolve any doubts that arise make him an excellent choice.

Key clients

Fibra Plus

Rube Alimentos & Gear Alimentos

Sotheby’s Concierge Auctions

Proyectos ATB

BigWhite

Akivinta

Stephens Family

Work highlights

  • Assisted Fibra Plus with  an extensive internal property-level real estate due diligence process with respect to 57 individual properties in Mexico, with a total approximate surface of 600,000 square meters.
  • Advised Rube Alimentos & Gear Alimentos throughout the negotiations and execution of a sale transaction with Agrofibra.
  • Advised BigWhite, Puerto Morelos Aventura and Daxi Family Group on the negotiation and securing of easements, the obtaining of state and municipal permits and several additional matters.

Mexico > Corporate and M&A Tier 4

The nine-strong corporate and M&A practice at Pérez Correa González is led by a well-known and experienced partner duo comprising corporate finance and M&A specialist Fernando Eraña, whose practice is oriented towards cross-border finance matters, private equity and venture capital; and Luis González, who also has considerable knowledge in private equity transactions, as part of a broader corporate and transactional practice that also takes in real estate mandates. Further partner level capability is provided by Omar Aguilar M who undertakes corporate, contractual and compliance matters; M&A, JV and finance transactions, particularly as regards the mining, hospitality and real estate industries. Indeed, real estate has long been one of the firm’s strengths but more recently it has seen an uptick of activity in relation to both the tech and distilled beverage sectors. At senior associate level, Juan Carlos Izaza (who regularly advises domestic and foreign clients on the establishment of new ventures and their corporate structures in Mexico); along with Eduardo Yrigoyen (an April 2022 hire from Galicia Abogados S.C.) and Eduardo Montenegro (who was raised to senior in September 2022) are the names to note. Former tech and M&A senior, Carlos Ugalde  left the firm in August 2022. Since publication, the team has been further strengthened with the May 2024 hire of experienced transactional partner Emilio Carrillo Peñafiel, who has deep experience in both financial and corporate transactions across the real estate, finance, telecoms and energy sectors in Mexico.

Practice head(s):

Luis González; Fernando Eraña

Key clients

SWVL

Sportium

Semtech Corporation

Olarena Hospitality Group

TechnoArt at Selina

Elevva

Syniti

Casa Dragones

MCAM Advance Materials Mexico

Fibra Plus

Palantir Technologies

East-West Manufacturing

Work highlights

  • Represented SWVL in the $82m acquisition of the stock of Urbvan Mobility, a Mexican transportation services platform operating in Mexico City and other metropolitan areas in Mexico.
  • Advised Sportium on its negotiation to receive a growth investment of $12.4m from Northgate Capital.
  • Represented Semtech Corporation on the sale of its Mexican subsidiary Semtech Corpus Christi Corporation’s business in Mexico to Micross Components.

Mexico > Dispute resolution: arbitration Tier 4

The ‘timeliness and precision’ of the lawyers in Pérez Correa González’s arbitration practice are hallmarks of its ‘outstanding performance’, according to clients. The practice has a particularly strong track record in both domestic and international cases related to the energy and natural resources sector. Recent work has included acting for manufacturing companies in contractual disputes, as well as tax arbitrations and arbitral award annulments. Fernando Pérez Correa, an experienced figure in some of the market’s more innovative matters, co-leads the team with José Covarrubias, who impresses clients with ‘his professionalism and his legal acumen’.

Practice head(s):

Fernando Pérez Correa; José Covarrubias

Testimonials

The performance of the lawyers seemed to me very outstanding, due to its timeliness and precision.

José Covarrubias: his human quality, his professionalism and his legal acumen embodied in his writings and in conducting arbitration.

Its economic proposal is fair, compared to its professionalism and vision to review all possible implications.

We admire the humane, close treatment, the empathy and the security that they give.

Key clients

Comisión Federal de Electricidad

Crowley Technical Management

Japan Tobacco International

Exportadora de Sal

Secretaria de Comunicaciones y Transportes

G 500 Group

Abengoa

Work highlights

  • Acting for Crowley Technical Management in judicial proceedings for the enforcement in Mexico of an arbitral award from the US in 2017, and other related procedures.
  • Represented Exportadora de Sal in a proceeding for the annulment of an arbitral award or the rejection of its enforcement.

Mexico > Banking and finance Tier 5

Pérez Correa González’s practice assists with financial regulatory matters, venture capital financing and credit facilities, and is regularly instructed by banks, investment funds, development agencies and non-bank financial institutions, as well as companies in the tech, energy and infrastructure sectors. Jorge Labastida co-leads the group and brings experience in asset-backed and structured finance to the table; alongside him, Fernando Eraña specialises in cross-border and venture capital finance. Eduardo Yrigoyen and Omar Sarabia are the names to note at associate level. Since publication, the team has been further strengthened with the May 2024 hire of experienced transactional partner Emilio Carrillo Peñafiel, who has deep experience in both financial and corporate transactions across the real estate, finance, telecoms and energy sectors in Mexico.

Practice head(s):

Jorge Labastida; Fernando Eraña

Testimonials

Fernando Eraña is highly knowledgeable in contract law.

Key clients

Sucro Can Sourcing

United States International Development Finance Corporation

Sportium

SMBC

Grupo Finansiell (Doopla)

Sumitomo Mitsui Banking Corporation

BMO Harris Bank

Work highlights

  • Advised Sportium on the reorganisation of a credit facility granted by HSBC as part of a larger negotiation to receive a quasi-equity convertible note financing to the value of $12.4m.
  • Assisted DFC with a $45m credit facility to Mexarrend for the expansion of its leasing, factoring and lending businesses.
  • Advised Sucro Can Sourcing, as borrower, on a $225m revolving borrowing base facility from lenders led by Rabobank.

Pérez Correa González is a full-service law firm based in Mexico City with a solid and highly qualified team, which brings together a wealth of knowledge and expertise, making it well-equipped to handle complex legal matters.

With more than 25 years of experience, we understand the current needs of the market and provide our clients with personalized services based on trust, honesty, excellence and integral legal solutions. The firm represents a wide diversity of domestic and foreign clients including public, and private companies, Fortune 500 companies, investment funds, government agencies and non-profit organizations and entrepreneurs at different stages of their endeavors.

At Pérez Correa González, we promote the implementation of policies aimed at environmental protection, labor welfare, non-discrimination and inclusion, as well as the positive social impact resulting from business activity. In this ever-changing world, we understand that companies need to become more dynamic and must adapt their operations and decision making at a faster pace to become more demanding and responsible in meeting ESG goals.

Prestigious publications such as The Legal 500 individually recognize many of our attorneys as among the best in Mexico, in Mergers & Acquisitions, Bankruptcy, Real Estate, Banking & Finance, Private Equity & Venture Capital, Dispute Resolution, and Corporate.

Department Name Email Telephone
Corporate Luis Fernando González Nieves lgonzalez@pcga.mx +52 55 5062 0056
Bankruptcy & Insolvency Fernando Pérez Correa fperez@pcga.mx +52 55 5001 5457
Litigation, Arbitration & Mediation José Covarrubias jcovarrubias@pcga.mx +52 55 5001 5408
Corporate Fernando Eraña ferana@pcga.mx +52 55 5062 0054
Bankruptcy & Insolvency Zulima González zgonzalez@pcga.mx +52 55 5001 5412
Corporate Jorge Labastida jlabastida@pcga.mx +52 55 5001 5443
Corporate Omar Aguilar oaguilar@pcga.mx +52 55 5062 0069
Administrative Law & Government Procurement Ulises Moreno umoreno@pcga.mx +52 (55) 5985 0417