Firm Profile > BMA - Barbosa, Müssnich, Aragão > Sao Paulo, Brazil
BMA - Barbosa, Müssnich, Aragão Offices
AV. PRESIDENTE JUSCELINO KUBITSCHEK, 1.455 - 10º ANDAR
CEP: 04543-011 - ITAIM BIBI
BMA - Barbosa, Müssnich, Aragão > The Legal 500 Rankings
Competition and antitrust Tier 1
Noted for its 'proactive attitude', BMA - Barbosa, Müssnich, Aragão has cemented its position as a leading firm in merger control before CADE through its regular involvement in high-profile cases. It frequently acts on the Brazilian aspects of large, multi-jurisdictional transactions; and complex conduct investigations also feature in the department's workload. The department stands out for its international expertise, with its key lawyers benefiting from previous experience as foreign associates in well-known international law firms. Names to note in the sizeable team include Camilla Paoletti, Sandra Terepins, José Inacio Ferraz de Almeida Prado Filho, Marcos Exposto and Luís Bernardo Cascão, who leads the competition team in the Rio de Janeiro office. Barbara Rosenberg - 'a star in competition law' - heads the department.
‘Great team with good lawyers headed by Barbara Rosenberg, who is a star in competition law.’
‘Barbara Rosenberg and Luís Bernardo Cascao are tackling our cases and are both very diligent and proactive lawyers pushing our cases through to get clearances. They are on top of the case law and the latest developments in order to guide you through complex situations. They are very well connected within the authority which is helpful for cases that needs direct lines with the direct authority official.‘
‘Experienced professionals who look for tailor-made solutions for complex problems. Also, proactive attitude makes BMA attorneys different from attorneys at other law firms.’
‘Good know-how about corporate matters.’
Black & Decker
TAM Linhas Aéreas (LATAM Airlines Brasil)
Corporate and M&A Tier 1
A 'reference in corporate law and M&A', BMA - Barbosa, Müssnich, Aragão maintains its leading position in the market. The firm is regularly advised by Brazilian and international clients - including a significant number of listed companies - in high-value deals. The team saw further expansion in 2019 with the hire of internationally focused corporate and M&A specialist Maria da Paz Tierno Lopes from Cuatrecasas. In the telecoms space, highlights included Roberto Dias Carneiro and Paulo Cezar Aragão's advice to América Móvil and its subsidiary Claro Brazil on the acquisition of NII Brazil Holdings, the indirect owner of Nextel Telecomunicações, for $905m on a cash-free and debt-free basis; the firm advised on the Brazilian legal aspects of the deal, including corporate, tax and antitrust matters. Other key practitioners include public and private M&A expert Monique Mavignier, founding partners Francisco Müssnich and Plinio Simões Barbosa, managing partner Amir Bocayuva Cunha and associate Ana Paula Reis. Luciana Marsal is also noted. In its latest promotion round, the firm promoted Carlo Rocha, Felipe Paschoalini and Igor Lima to the partnership.
‘What makes the BMA team extraordinary is the ability to meet all the demands of the client with great agility and quality.‘
‘Individuals think outside the box and always come up with smart and creative solutions to the impasses presented.‘
‘The BMA office is a reference in corporate law, M&A and competitive issues. The partners Paulo Aragão, Monique Mavignier, Bárbara Rosenberg conduct all matters related to these areas in the interface with the company.‘
‘Service differentials are the readiness of the partners, the deep technical knowledge of the issues related to the areas to which they respond and the deep knowledge of the company, enabling adequate and efficient solutions to the matters entrusted.‘
‘The entire office team is well prepared, but my highlight is the lawyer Paulo Aragão.‘
America Movil (Claro Brasil)
Hankoe Fundo de Investimento em Participações Multiestratégia Investimento no Exterior
Rede D’Or São Luiz
Nadir Figueiredo Indústria e Comércio
B2W – Companhia Digital
Olympique Lyonnais Groupe
Carrefour Comércio e Indústria
Adtalem Global Education
Aliansce Shopping Center
Banking and finance Tier 2
BMA - Barbosa, Müssnich, Aragão has a solid, five-partner team, which is particularly active on the borrower side. The firm offers strong expertise on syndicated loans, project finance, debt capital markets, refinancings and structured finance. The highly experienced Camila Goldberg leads the team, which includes compliance specialist Anna Carolina Malta and transactional partners including Plinio Simões Barbosa and Rafael d’Avila Dutra. Recent developments in the team include the promotion of Conrado de Castro Stievani and Felipe Prado to partner.
‘BMA is in my opinion the top go to firm in Brazil for any matter of banking, corporate or M&A practice. The team is extremely creative and client focused with huge versatility in complex transactions.’
‘Camila Goldberg is one of the key partners of the firm and demonstrates every time how she can add value to transactions through creative and technically precise solutions.’
Banco BTG Pactual
Fundo Garantidor de Créditos (FGC)
Banco BOCOM BBM
Grupo Queiroz Galvão
Enforce Gestão de Ativos
Credit Suisse AG
Banco BS2 (fka Banco Bonsucesso)
Capital markets Tier 2
BMA - Barbosa, Müssnich, Aragão is a leading player for major equity capital markets transactions and regularly represents issuers and underwriters. The firm's standing in the market is reflected by its role on the $2.25bn SEC-registered IPO of XP Group, which was the largest ever US IPO for a Brazilian company. Clients also benefit from the firm's strong connections with the Securities and Exchange Commission of Brazil (CVM). Practice head Camila Goldberg is backed by a strong team, including Luiz Antonio de Sampaio Campos, Amir Bocayuva Cunha and Jane Goldman Nusbaum. Rodolfo Constantino de Tella left to join Tauil & Chequer Advogados in association with Mayer Brown.
Banco BTG Pactual
Banco Bradesco BBI
Companhia de Gás de São Paulo – Comgás
Santos Brasil Participações
Companhia Siderúrgica Nacional
BMA - Barbosa, Müssnich, Aragão has proven experience in proceedings before a range of arbitral tribunals, including the Brazil-Canada Chamber of Commerce and the Brazilian Business Arbitration Chamber (CAMARB), among others. The team is particularly active in M&A-related arbitration, but is also proficient in disputes related to construction contracts, infrastructure projects, shareholder agreements, real estate acquisitions and corporate restructuring. Pedro Oliveira da Costa and André Abbud, who often acts for leading companies in a range of contentious matters involving infrastructure, corporate and contractual issues, jointly lead the practice. Domestic and international commercial arbitration are some of Gustavo Santos Kulesza's areas of expertise.
‘High quality advice.’
‘Hands-on lawyers with deep knowledge of the law and creative legal solutions for difficult matters. André Abbud and Gustavo Kulesza stand out for their commitment.’
‘André Abbud is an excellent professional who is knowledgeable of the law.’
‘Each individual has a particular quality, that, when combined is very complementary. The team provides creative legal solutions and excellent advice.’
Intellectual property Tier 2
Full-service firm BMA - Barbosa, Müssnich, Aragão fields a specialised intellectual property department, which advises on the protection, management and enforcement of IP rights. Leading the practice is Antonella Carminatti, whose expertise covers IP litigation and prosecution, as well as transactional matters and anti-counterfeiting programmes. Franchising matters are a particular area of activity for Claudia Schulz, who often advises clients operating in the retail sector. Ana Müller co-ordinates the patent team, while Pedro Frankovsky Barroso oversees the IP litigation work, with a particular emphasis on patent litigation.
‘The team led by Antonella Carminatti is very reactive, and provides straightforward advice. They are experts in the field of luxury products.’
‘Antonella is one of the best lawyers in Brazil in the field of trademarks. She is always available and gives strategic advice.’
Real estate Tier 2
BMA - Barbosa, Müssnich, Aragão is making an increasingly strong impression on Brazil's real estate market, through its combination of transactional, development and related corporate finance expertise. The team, which is jointly led by Cristiana Moreira and Cristiane Mamprin, acts for clients across a range of sectors, including established investment funds, corporates and new entrants into the market, including WeWork. The team is also noted for its strong structured finance offering. Recently promoted partner Guilherme Zoghbi Ayala and senior associate Maria Eduarda Bérgamo are also names of note.
Restructuring and insolvency Tier 2
BMA - Barbosa, Müssnich, Aragão is a popular choice for high-profile debtor-led work. The firm stands out for its strong multi-disciplinary approach, combining high-end litigation expertise with strong support in corporate finance and key areas such as labour. The team is also noted for its strong expertise on the creditor front. The firm has been trusted on some of the largest restructurings in the market, including for Oi Group and Abengoa. Sergio Savi, Felipe Evaristo dos Santos Galea and Eduardo Guimarães Wanderley all have good reputations.
Compliance Tier 3Anna Carolina Malta and José Guilherme Berman head BMA – Barbosa, Müssnich, Aragão‘s ‘highly skilled team‘, which adopts a multi-disciplinary approach to assist clients in all aspects of compliance matters, including prevention, investigation and remediation. Recent work includes advising on compliance programmes, due diligence, internal investigations and administrative improbity proceedings. Camila Cuschnir is another name to note. After publication, the department was boosted further by the arrival of Bernardo Weaver in June 2021.
‘Highly skilled team, very concerned with meeting the clients objectives and demands.‘
‘Excellent relationship, easy to work with, very good in transmitting their knowledge.’
Carioca Christiani-Nielsen Engenharia
Grupo Águas do Brasil (SAAB)
Engie Brasil Energia
Neoenergia (Iberdrola Group)
Multiplan Empreendimentos Imobiliários
Lanxess Indústria de Produtos Químicos e Plásticos
The conflict prevention and resolution practice at BMA - Barbosa, Müssnich, Aragão has a strong track record in judicial and administrative proceedings arising out of complex civil and corporate disputes. Luiz Fernando Fraga excels in commercial and corporate disputes, and often represents clients in proceedings against government agencies. Disputes involving the construction, infrastructure and insurance sectors, as well as family law and succession issues, are among Pedro Costa’s areas of expertise. Domestic and international clients seek Felipe Evaristo dos Santos Galea’s assistance in business litigation, particularly in cases involving investment funds. André Abbud is another practitioner to note for commercial disputes, while Rafael Castilho stands out in civil litigation. Gustavo Santos Kulesza was promoted to partner.
‘In a corporate dispute, BMA brings together the M&A, corporate and tax teams to support the litigation practice, resulting in an optimised and tailored service.’
‘Luiz Fernando Fraga combines litigation expertise with deep knowledge in corporate matters. He understands our business and our goals.’
‘Eduardo Wanderley is the perfect lawyer for complex credit structures, mainly related to judicial recovery’
‘Rafael Castilho adds great value to our disputes, with his hands-on approach. You know he is always doing his best to achieve his clients needs.’
Sul America Santa Cruz Participações
SINOPEC Petroleum do Brasil
Netflix do Brasil
TAM Linhas Aéreas
Abengoa Concessões Brasil Holding
Abengoa Construção Brasil
HP Brasil Equipamentos Eletrônicos
Environment Tier 3
BMA - Barbosa, Müssnich, Aragão's service offering covers both environmental consultancy and litigation. The team is retained to advise on environmental matters, ranging from biodiversity regulation to water resources, waste management, contaminated sites, crisis management and compliance issues. Environmental permitting as well as environmental legal due diligence in connection with M&A transactions and infrastructure projects are also among the team's regular instructions. Practice co-head Marcio Pereira specialises in sustainability issues and regulatory matters pertaining to natural resources, while co-leader Beatriz Paulo de Frontin focuses on environmental licensing matters and administrative proceedings.
‘They are among the top environmental law firms in Latin America.’
‘Márcio Pereira is, by far, the best in this area. His team is equally committed and capable of handling complex and sensitive matters.’
‘Márcio is a standout partner. He knows the mining and energy industry from within. His team, composed by Beatriz, Yuri and Luis Marcelo, is also outstanding and capable of dealing with large and complex issues, from consulting to litigation.’
‘Beatriz Frontin and Márcio Pereira are really business oriented lawyers.’
Lorinvest Gestão de Recursos
Hankoe Fundo de Investimento em Participações – Multiestratégia Investimento no Exterior
J Malucelli Group
Ciclus Ambiental do Brasil
Construtora Queiroz Galvão
We Trust in Sunlight Energia renovável e Participações
Janus Brasil Participações
Labour and employment Tier 3
BMA - Barbosa, Müssnich, Aragão has a well-regarded employment team, with expertise across the full spectrum of contentious and non-contentious issues. On the advisory side, the team regularly advises on redundancy proceedings, compensation packages and business process outsourcing, with a keen view to avoiding litigation. When disputes do occur, the lawyers have a notable track record in collective labour claims, often linked to corporate takeovers, privatisations and restructurings. Partners Cibelle Goldfarb and Luiz Marcelo Góis are highly rated by clients, as is associate Mariana Brassaloti.
‘The labour team works in a detailed fashion. They are able to handle the most complex matters within the sector. Great team for labour litigation.’
‘The team is highly specialised in labour disputes and performs excellent work.’
‘Luiz Marcelo is one of the best labour lawyers in Brazil, he is an excellent litigator, with great understanding of how to handle difficult cases and create successful strategies.’
Pestana Hotel Group
Energia Sustentável do Brasil
Cymi Masa Group
Centrais Elétricas de Rondônia
Tax Tier 3
BMA - Barbosa, Müssnich, Aragão is extremely well regarded for its non-contentious tax expertise. The firm regularly advises clients on strategic tax planning across a wide range of areas, including corporate M&A, financings, infrastructure projects and restructurings. Practice head José Otavio Faloppa is backed by an impressive team of partners, including Hermano Notaroberto Barbosa, João Paulo Cavinatto and Franciny de Barros. Clients are also well served on the contentious side, which is respectively led out of Rio de Janeiro and São Paulo by Maurício Faro and the highly respected Lígia Regini da Silveira. In recent developments, Letícia Ramires Pelisson was promoted to partner. Since publication, in June 2021, Daniel Abraham Loria left the firm.
‘They have a high skilled team, very focused to deliver the best tax solutions. The partners are always available and they stay very close to their clients.’
‘They constantly demonstrate excellent technical knowledge, as well as being up to date on the main tax discussions. Besides being very professional, both Lígia Regini and João Paulo Cavinatto are very knowledgeable concerning tax legislation / practice.’
‘Franciny de Barros and João Paulo Cavinatto are extremely qualified for the job and are always available to assist.’
‘Jose Otavio Faloppa is very objective and mixes his tax knowledge with accounting which differentiates him from other tax professionals.’
America Movil (Grupo Claro)
L’Oreal Brasil Comercial de Cosméticos
Aribnb Serviços Digitais
TruckPad Tecnologia e Logística
BMA - Barbosa, Müssnich, Aragão is particularly strong in advising wealthy individuals and families on business matters and corporate transactions and is also a popular choice for multi-family offices and Brazilian and international private banks. Débora Bacellar de Almeida and Hermano Notaroberto Barbosa are tax and wealth planning experts. Jane Goldman made partner in 2019; she has broad knowledge of debt and equity capital markets and wealth planning.
‘BMA is a full service law firm, which provides high quality legal services to clients.‘
‘Hermano Barbosa provides high quality legal services.‘
Turim Investimentos (Family Office)
JP Morgan (Private Bank)
Itaú Unibanco (Private Bank)
BTG Pactual (Private Bank)
Credit Suisse Hedging Griffo (Private Banking)
Electricity Tier 4
Offering legal support to both Brazilian and international clients, BMA - Barbosa, Müssnich, Aragão is well versed in power auctions, concessions, negotiation of contracts and commercial agreements, administrative proceedings before regulatory bodies and agencies, litigation and arbitration. In addition, the team has experience in the sale and purchase of stock and assets in the power sector, as well as project development involving thermoelectric plants and renewable energy. Rafael d’Avila Dutra and Carlos Frederico Lucchetti Bingemer have strong transactional backgrounds and jointly lead the department.
Insurance Tier 4
BMA - Barbosa, Müssnich, Aragão is a trusted adviser for high-profile, insurance-related corporate transactions, including M&A, joint ventures and reorganisations. Rio de Janeiro-based practice head Henrique Vargas Gama Beloch has over 20 years of experience representing major insurers, including Bradesco Seguros and SulAmérica. Pedro Costa handles litigation issues.
‘The team has great expertise and skill in insurance and is always available no matter how many tasks you need the lawyers to do.’
‘Henrique Vargas Beloch is very intelligent and has a different perspective of the insurance business. He makes all the difference in an business negotiation, especially if you are discussing a commercial partnership or an M&A in the insurance business.’
IRB Brasil Resseguros
BHP Billiton Brasil
Projects and infrastructure Tier 4
BMA - Barbosa, Müssnich, Aragão's projects team covers the energy, airports, toll roads, ports, railways, urban transport, water and sewage sectors, and also has experience in public lighting and social infrastructure PPPs. The practice is able to advise on all phases of projects and transactions in regulated markets, encompassing project financing, tax planning and contractual issues. The department is led by founding partner Plínio Simões Barbosa, capital markets and finance expert Camila Goldberg and Rafael d’Avila Dutra, who is a name to note for project finance. Eduardo Hayden Carvalhaes departed for Lefosse Advogados, while Ana Cândida de Mello Carvalho joined from TozziniFreire Advogados, strengthening the team's offering in regulatory matters in the infrastructure sector.
Public law Tier 4
BMA - Barbosa, Müssnich, Aragão brings extensive experience in infrastructure, regulatory matters and government affairs. The team is often retained to advise on government contracting procedures, PPPs and concessions, and also fields the ability to represent clients before municipal, state and federal regulatory entities in administrative proceedings and judicial reviews. In addition, the practice is proficient in administrative misconduct cases, and regularly handles transactions taking place in highly regulated markets, including energy, telecoms, transportation, healthcare, logistics and sanitation. José Guilherme Berman shares the department's leadership with Ana Cândida de Mello Carvalho, who recently joined with a team of lawyers from TozziniFreire Advogados. Eduardo Hayden Carvalhaes is now a practitioner at Lefosse Advogados.
‘Providing unique insights, creating competitive advantages and understanding the business.’
‘Extensive technical knowledge and network in the public space, especially concessions, putting them in the loop of what is being discussed.’
‘Ana Cândida de Mello is an experienced professional, proactive, business understanding, adding value to the commercial project.’
‘Ana Cândida is the point of reference. She has a can-do attitude looking both at the legal and business side of the problem, searching for doable solutions. Easy access at all levels.’
Zurich Airport Latin American
IGT GLOBAL SERVICES LIMITED
Ciclus Ambiental do Brasil
Consórcio Intersul de Transportes / Consórcio Santa Cruz de Transportes
IRB – Instituto de Resseguros do Brasil
Jerônimo da Veiga Empreendimentos e Participações
TMT: Telecoms and media Tier 4
The telecoms practice at BMA - Barbosa, Müssnich, Aragão has specialist knowledge in the field of submarine cable projects, telecom towers, satellites and the Internet of Things (IoT). Representing clients before regulatory agencies is a key area of activity for the team, which is also skilled at assisting with public procurement procedures, concessions and public-private partnerships (PPPs). The department is under the joint leadership of José Guilherme Berman and Ana Cândida de Mello Carvalho, who recently joined with a team of lawyers from TozziniFreire Advogados. Eduardo Hayden Carvalhaes is now at Lefosse Advogados.
BMA - Barbosa, Müssnich, Aragão > Firm Profile
Managing Partner: Amir Bocayuva Cunha
Senior Partners: Paulo Cezar Aragão, Francisco Müssnich, Plínio Barbosa and Luiz Antonio Campos
Partners: Adriana Fuzinato, Ana Cândida, Ana Müller, André Abbud, André Macedo, Anna Carolina Malta, Antonella Carminatti, Barbara Rosenberg, Camila Chouzal, Camila Goldberg, Camilla Paoletti, Carlos Frederico Bingemer, Cibele Linero, Claudia Schulz, Cristiana Moreira, Cristiane Mamprin, Daniel Loria, Daniella Fragoso, Debora Bacellar, Eduardo G. Wanderley, Fabiana Fagundes, Fábio Henrique Peres, Felipe Galea, Fernanda Carneiro, Franciny de Barros, Gisela Sampaio, Guilherme Zoghbi Ayala, Hélio Alvarez, Henrique Beloch, Hermano Barbosa, Ian Bussinger, Jane Goldman, João Paulo Cavinatto, José Guilherme Berman, José Inácio Ferraz, José Otavio Faloppa, Leandro Bittencourt, Lígia Regini, Luciana Magalhães Costa, Luciana Marsal, Luís Bernardo Cascão, Luis Flaks, Luís Henrique Costa, Luiz Fernando Fraga, Luiz Marcelo Góis, Luiza Lacerda, Márcio Pereira, Marcos Exposto, Maria da Paz Tierno Lopes, Mario Gelli, Maurício Faro, Miguel Ramos, Monique Mavignier, Patrícia Sabino, Pedro Costa, Pedro Frankovsky Barroso, Rafael Calábria, Rafael Castilho, Rafael Dutra, Raquel Mansanaro, Roberto Dias Carneiro, Sandra Terepins, Sergio Fagundes, Sérgio Savi, Tatiana Amorim, Thais Meira, Vitor Butruce, Vivian Casanova
Founded in the 1990s, when Brazil was undergoing structural changes, BMA – Barbosa Müssnich Aragão was inspired by a mission to find innovative solutions that are legally viable and sustainable in an environment of rapid development, new regulatory frameworks and new business models in almost all sectors of the economy. Inspired to be a pioneering law firm, ready — and more than able — to take on the big projects and big problems that require sophisticated solutions. An active participant in the privatisations that took place in the 1990s, BMA had achieved a solid reputation and both national and international recognition even before becoming one of the leading firms in Brazil in the mid-2000s, when the Brazilian market experienced a wave of IPOs and mergers and acquisitions. BMA has been present in most of the major M&A transactions in Brazil over the last two decades, participating in the creation of corporate groups that do business around the world. BMA has acquired an impressive stock of know-how in infrastructure projects, especially in the areas of ports, railroads, highways, oil and gas, energy, and telecommunications. The firm also had a major part to play in the 2014 FIFA World Cup, negotiating the contracts that gave Brazil the right to host the event and acting as legal counsel to the local organising committee. BMA’s experienced professionals know that a thorough understanding of the firm’s clients’ business objectives is essential. BMA works to achieve creative, effective solutions by integrating its specialist teams to ensure a multidisciplinary approach to legal problems.
BMA Inspiração – Inspire to Action:
BMA InspirAção is the new model for BMA’s pro bono work. BMA believes that education, socially-aware entrepreneurship and culture are the paths that will lead to profound and lasting change in society. BMA InspirAção focuses on these three vectors for change. BMA wants to generate effective returns for society as a whole, like it does for its clients, and believes it can.
BMA Educação – Becoming a BMA Lawyer:
BMA EducAção is a school that helps attorneys acquire the skills that every ‘BMA Lawyer’ needs. The program focuses on excellence, quality, and providing valuable learning experiences to the firm’s professionals. The project is intended to work with BMA’s lawyers and help them develop into professionals whose qualifications, analytical skills and curiosity never stop growing, who have a multidisciplinary vision and who are eager to apply the theoretic knowledge they have acquired to creating efficient solutions to real problems. The objective is to become a true seal of excellence: BMA quality.
Following the worldwide movement toward women’s empowerment and a more balanced corporate environment, the project’s objective is to support women’s professional growth within the firm and provide even more opportunities for internal talent to develop. The project kicked off its activities with events for BMA’s women lawyers and clients, fostering new professional relationships and debate on critical issues that affect the daily life of women in business.
BMA’s Diversity program makes a point of sharing experiences with other law firms, and is committed to listening to all groups represented in today’s society. In this way, we believe that we can plan actions that will help eliminate prejudice in day-to-day interactions and create an environment that people can identify with.
Main Areas of Practice:
■ Bankruptcy, Business Restructuring & Insolvency
■ Business Crime
■ Compliance, Investigations & Law Enforcement
■ Corporate & M&A
■ Digital & New Technologies
■ Finance & Capital Markets
■ Infrastructure & Regulatory & Government Affairs
■ Intellectual Property
■ Litigation & Arbitration
■ Real Estate
■ Superior Courts
■ Wealth Management & Succession Planning
Languages: English, French, German, Italian, Portuguese, Spanish
|Managing Partner||Amir Bocayuvafirstname.lastname@example.org||55 21 3824-5871|
LanguagesEnglish French German Italian Portuguese Spanish
Top Tier Firm Rankings
- Banking and finance
- Capital markets
- Dispute resolution: arbitration
- Intellectual property
- Real estate
- Restructuring and insolvency
- Dispute resolution: Litigation
- Labour and employment
- TMT: Cybersecurity and data privacy
- Wealth and succession planning
- Projects and infrastructure
- Public law
- TMT: Telecoms and media