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

Pérez Correa González launched in the Mexican market at the beginning of 2021, after the dissolution of SOLCARGO, maintaining all the strength and experience in the bankruptcy area of its predecessor. Three partners front the team, which is lauded for its ‘cross-cutting knowledge of Mexican restructuring laws and for its international capabilities’: Fernando Pérez Correa, who makes clients feel ‘protected in litigation matters’, and has been appointed by the Federal Institute of Insolvency Specialists (IFECOM) as an insolvency trustee in several bankruptcies; José Covarrubias, who complements his practice with his considerable dispute resolution and arbitration experience; and the ‘young and very talentedZulima González, who was promoted to the partnership in January 2021.

Practice head(s):

Fernando Pérez Correa; José Covarrubias

Testimonials

‘It is a highly sophisticated team with cross-cutting knowledge of Mexican restructuring laws. They have good international capabilities’

‘Jose Covarrubias and Arturo Lara are very knowledgeable in their field and extremely practical in dispute resolution, seeking not only the best litigation strategies but also giving the opportunity for a favourable conciliation for the client. Their attention is always prompt and thorough’

‘Jose Covarrubias is highly competent, agile and an excellent negotiator; giving a fast and complete service that provokes confidence and peace of mind. Fernando Perez is one of the best lawyers in the country’

‘We have observed a great capacity of the firm to provide us with legal services, specifically with regard to litigation matters’

‘The personal attention from partners Fernando Perez and Zulima Gonzalez has given us a lot of peace of mind. Fernando is an expert in what he does and we feel totally protected in litigation matters with him. In addition, he has great human qualities. Zulima is young and very talented, her work and performance are excellent. She is also honest about what can and cannot be achieved, so she never gives us false expectations’

‘The team has always been inclusive, attentive and proficient in restructuring knowledge’

‘They are very formal and committed. Fernando Perez-Correa engages in a very professional manner, as well as José Covarrubias who is very fast and efficient in the way he works. Arturo Lara and Patricia Cervantes are very responsible lawyers and execute their work well’

Key clients

Turbo Limited (formerly Biciclo)

TGC Ingeniería

Presta-Melo

Perforadora Oro Negro

Integradora de Servicios Petroleros Oro Negro

Servicios Petroleros San Antonio

Internacional

Grupo Almos

Soluciones Integrales Almos

Paclease Mexicana

MTI Transport

Servicios Integrales Técnicos y Ecológicos

Work highlights

  • Represented Paclease Mexicana, as creditor, within the insolvency proceeding of Transportes Suri.
  • Appointed conciliator in the Perforadora Oro Negro and Integradora de Servicios Petroleros Oro Negro bankruptcies.
  • Appointed as conciliator in the bankruptcies of Grupo Almos and Soluciones Integrales Almos.

Mexico > Corporate and M&A Tier 3

Following the dissolution of Solcargo, the entirety of its punch and expertise in the corporate sphere went to Pérez Correa González, which continues to assist national and multinational corporations, banks and non-bank financial institutions on a wide range of corporate transactions, regulatory compliance, and other legal-corporate mandates. Recent years have seen the team increase its work with funds, mainly thanks to practice co-heads, Fernando Eraña and Luis Gonzalez, who excel in venture capital and private equity work, respectively. Key support comes from Vanouver, Canada-located partner Omar Aguilar (corporate/M&A, JVs, contracts and risk assessment), and senior associate Juan Carlos Izaza Avila, who has notable expertise in corporate restructurings in Mexico. Since publication, the firm has continued to develop and broaden its capabilites, adding former IMPI president Mike Margáin as partner-in-charge of the firm's IP offering and Ulises Moreno as head of the firm's nascent ESG practice - effective as of March 2022.

Practice head(s):

Luis González; Fernando Eraña

Testimonials

‘Excellent firm offering high quality services. The legal team is very solid, up to date, maintain a knowledgeable practice, and know how to handle matters from a business point of view, which makes their services unique.’

‘The time reports are sent automatically, and one can see what is going on and the billing is in a practical and convenient way.’

‘Eduardo Montenegro is a capable and very smart lawyer, he knows how to support us in every part of the process, they always keep us up to date with developments and their response time is quick and efficient.’

‘They have a strong team of partners. Fernando Eraña has helped us with all the issues we needed help with along with his team of associates. Without a doubt their quick assignment of experts makes them an excellent choice.’

‘Efficient allocation of resources, there is always someone available to help us.’

Key clients

Creation Technologies

Moody’s Investors Service

Sumitomo Mitsui Banking Corporation

Rotamundos

Mediamonks

Micro Focus International

3D Systems

Ativy

DMR Latam

K&M International (Wild Republic)

Palantir Technologies

Work highlights

  • Advising Palantir regarding all corporate matters of its Mexican subsidiary, Palantir Technologies Mexico.
  • Assisted Creation Technologies with the cross-border acquisition of Applied Technical Services.
  • Advised Moody’s Investors Service regarding its operations in Mexico.

Mexico > Dispute resolution: arbitration Tier 3

Pérez Correa González (PCG) boasts a 13-strong arbitration practice with a wealth of experience in disputes concerning a broad range of commercial matters, but demonstrating particular prowess in power and construction disputes, and contentious post M&A-closing matters, as well as judicial procedures concerning the enforcement and annulment of arbitration awards. The entire disputes team (with the exception of senior associate Arturo Rivera Mendez, who moved to Santamarina y Steta in November 2020) transferred from the former Solcargo to successor firm PCG where it continues to be led by senior partner Fernando Pérez Correa. With over 25 years' experience, Correa is an accomplished lead counsel in investment and commercial arbitration and also acts as arbitrator. Fellow partner José Covarrubias handles both investment and commercial matters, and is also experienced in arbitration-related judicial proceedings and enforcement and annulment matters.

Practice head(s):

Fernando Pérez Correa; José Covarrubias

Testimonials

‘They are very professional, efficient and knowledgeable. They have an interesting angle to approach the topics.’

‘Fernando Pérez Correa has many years of experience, great knowledge of the matter, and very complete and original vision. Jose Covarrubias is a very intelligent and dynamic lawyer. Very dedicated and careful with detail.’

Key clients

Comisión Federal de Electricidad

Japan Tobacco International

Exportadora de Sal

Secretaria de Comunicaciones y Transportes

Crowley Technical Management

G 500 Group

Abengoa

CFEnergia

Work highlights

  • Acted as lead counsel ito the Secretaria de Comunicaciones y Transportes in several complex proceedings related to an ad hoc arbitration brought by the operator of an International Bridge.
  • Represented Crowley Technical Management in an arbitration conducted under the rules of the Society of Maritime Arbitrators; and subsequent oongoing representation in judicial proceedings for the enforcement of the award in Mexico (and other related procedures).
  • Representing Exportadora de Sal in  proceedings seeking the annulment of an Arbitration Centre of Mexico award of over $5m award, or the rejection of its enforcement.

Mexico > Dispute resolution: litigation Tier 3

The full strength and expertise of the former SOLCARGO disputes team (with the exception of senior associate Arturo Rivera Méndez) moved to successor firm Pérez Correa González, which opened its doors in December 2020, maintaining its position as ‘one of the best teams in the market’. The 13-strong practice group is co-led by experienced practitioners Fernando Pérez-Correa Camarena and José Covarrubias (both of whom garner praise for their outstanding level of attention’), and boasts proven experience in commercial and administrative litigation, as well as international arbitration, and specialises in disputes involving real estate, corporate litigation, debt collection, guarantee enforcement, public and private construction contracts, financial services, torts, and termination of distribution agreements. Another key asset of the team, Zulima González, who has a particular focus in bankruptcy and insolvency proceedings, was promoted to the partnership in January 2021; but bankruptcy litigation-oriented senior associate Patricia Cervantes moved to Guerra, Hidalgo y Mendoza (GHM) in March 2021. Since publication, the team has been further strengthened by the promotion of litigator Ixchel Pedraza to the partnership with effect from January 2022.

Practice head(s):

Fernando Pérez Correa; José Covarrubias

Testimonials

‘They are very professional, enthusiastic, have excellent leadership and their communication is very good.’

‘Fernando Perez Correa’s participation is outstanding, we are very grateful for his experience and flexibility. The communication is close and punctual.’

‘Pérez Correa González is undoubtedly one of the best teams in the market.  Jose Covarrubias is very experienced with the industry.’

‘I would highlight the knowledge and analysis they carry out on each particular case, and the personal treatment and direct attention to the matter by the partners. In particular José Covarrubias and Fernando Pérez Correa, who offer an outstanding level of attention.’

Key clients

Overseas Private Investment Corporation (now known as “DFC”)

Export Development Canada

SSA México

Exportadora de Sal

Getman Corporation

IFA Celtics

Aceros Camesa

Zigor México

Getman Corporation

Banco Santander Mexico

Grupo Financiero Banorte

MTI Transport

Work highlights

  • Counselled and represented Exportadora de Sal on a cross-border trial brought by a salt brine distributor in California, USA.
  • Representing Getman Corporation in a dispute brought by a former distributor in Mexico, alleging the breach of an exclusivity agreement.
  • Representing the client, who owns and operates a port terminal in Tuxpan, in a land dispute against a neighbouring port-facilities operator.

Mexico > Real estate Tier 3

The five-strong practice at Pérez Correa González houses ‘deep knowledge of the real estate sector’ and gains clients praise for ‘always anticipating possible risks and complications’. Name partner Luis Gonzalez, whose ‘excellent technical quality and knowledge of the market make him the best choice’, heads the department. He specialises in corporate and transactional work, including M&A, joint ventures, and cross-border financings. He is closely backed by fellow partner Omar Aguilar, a June-2020 hire from Bowker who is located in Vancouver, Canada, and who concentrates on financial and commercial transactions and the structuring and negotiation of joint ventures and M&A. Key associate support is provided by experienced senior Juan Carlos Izaza (corporate, M&A, real estate and private equity law).

Practice head(s):

Luis González

Testimonials

‘They have a group of lawyers with extensive specialisation in the sector. They have always offered us solid legal assistance, characterised by a strong cross-cutting component (regulatory, corporate, financial, tax, etc.).

‘Deep knowledge of the real estate sector, always anticipating possible risks and complications.

‘Pérez Correa González stands out for its specialised legal knowledge and learning capacity.

‘In particular, I would like to highlight Luis González who, apart from possessing great negotiating skills and a great capacity to seek and propose alternative solutions, is extremely rigorous and methodical in his work. His excellent technical quality and his knowledge of the market make him the best choice.

‘They are great experts in their areas, they are prepared people who can integrate into any type of talk, meeting, team or discussion and they are ethical people with whom you can even maintain a friendship.

Their publications and analysis in the media about changes in Mexican and foreign laws that impact us are very important.

Key clients

Akivinta

BigWhite

New Indy Container Board

Work highlights

  • Advising Akivinta on structuring the purchase, and subsequent regularisation, of a plot of premium upscale mixed-use residential land.
  • Ongoing advice to BigWhite, Puerto Morelos Aventura and Daxi Family Group regarding the purchase and regularisation of premium upscale mixed-used residential land.
  • Represented New-Indy Containerboard on the acquisition of Reliable Container and involving two real estate properties used for maquila activities in Tijuana, Baja California.

Mexico > Banking and finance Tier 5

The banking and finance muscle of the former SOLCARGO (dissolved in December 2020) now operates under the name of Pérez Correa González. The new firm houses a five-strong department, co-led by partners Jorge Labastida, who boasts some notable capabilities in this sector, especially regarding asset-backed and structured finance (including project and real estate finance); and Fernando Eraña, whose practice focuses primarily on cross-border finance (secured and unsecured) and venture capital financing; the group regularly advising fintechs, start-ups and non-bank financial institutions, as well as public and private corporations.

Practice head(s):

Jorge Labastida; Fernando Eraña

Key clients

United States International Development Finance Corporation (Bien Para Bien)

BMO Harris Bank

Credit Suisse Mexico, Asset Management Division

Sumitomo Mitsui Banking Corporation

Work highlights

  • Represented Credit Suisse Asset Management Mexico (CSAM), in all related due diligence, waivers, and collateral re-configuration related to loans totalling approximately MX$1bn, granted by CSAM to Mexarrend.
  • Represented BMO Harris Bank on the Mexican components of a partly cross-border, secured, revolving borrowing-base facility to National Kwikmetal and NKS Properties (as borrowers), and NKS Mexico Holding (as a guarantor).
  • Regular advisors to SMBC regarding financial regulatory matters and transactions in Mexico – which includes, among other matters, corporate, regulatory and compliance upkeeping of SMBC’s local non-banking lending subsidiary.

We are a Mexico City-based law firm with a solid, highly qualified team with undergraduate and graduate studies in the most prestigious universities in Mexico, the United States and Europe and work experience in top-tier international law firms.

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 clients, domestic and foreign, public and private companies, Fortune 500 companies, investment funds, government agencies and non-profit organizations.

Prestigious publications recognize many of our attorneys as among the best in Mexico, in M&A, real estate, banking and finance, capital markets, dispute resolution, bankruptcy and corporate.

DepartmentNameEmailTelephone
Corporate Luis Fernando González Nieveslgonzalez@pcga.mx
Bankruptcy & Insolvency Fernando Pérez Correafperez@pcga.mx
Litigation, Arbitration & Mediation José Covarrubiasjcovarrubias@pcga.mx
Corporate Fernando Erañaferana@pcga.mx
Bankruptcy & Insolvency Zulima Gonzálezzgonzalez@pcga.mx
Corporate Jorge Labastidajlabastida@pcga.mx
Corporate Omar Aguilaroaguilar@pcga.mx
Partners : 7
Attorneys : 12
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