Mr Gregory Harrington > Arnold & Porter > Washington DC, United States > Lawyer Profile

Arnold & Porter is a recognised leader in sovereign finance, advising on sovereign and sub-sovereign offerings, along with issuances by state-owned enterprises. It has a long track record in Latin America – along with Hungary and Turkey – and notably represents Corporacion Andina de Fomento (CAF), the development bank, on international offerings. Washington DC’s Whitney Debevoise and Gregory Harrington are hugely experienced in sovereign finance, along with New York partner Christopher Peterson, who represents the Republic of Turkey.

Arnold & Porter is widely known for its representation of sovereign and quasi-sovereign entities but also acts for an extensive list of corporate and financial institution clients in Latin America. It has a particularly strong record in Brazil, where team members have worked on a range of project finance, acquisition finance, export prepayment and trade finance, and general corporate lending mandates. The practice is also noted for derivatives, structured finance and securitisations, including future flow diversified payments rights (DPR) transactions. More generally, firm has continued to advice sovereign governments and central banks on major financings, regulatory matters and disputes. Washington DC’s Gregory Harrington and Whitney Debevoise  have extensive sovereign connections, bringing a wealth of engagements; while New York’s Christopher Willott has a fine record in Brazil financings. Raul Herrera (a former IDB General Counsel) has a 25 year track record and experience across the LatAm and Caribbean regions; he and counsel Arturo Caraballo are also key members of the team.

Arnold & Porter remains at the forefront of sovereign and sub-sovereign representation. It advises a range of state entities, including ministries of finance, central banks, state-owned companies, states, and municipalities. Clients include the Republic of Panama, Republic of Colombia, Republic of El Salvador, and Banco Central do Brazil. The firm’s longstanding commitment to Latin America has also brought it a number of private sector corporate and financial institution clients. It is also noted for derivatives, structured finance and securitisation transactions, including diversified payment rights deals. The core Latin America team features a number of senior and experienced practitioners that have specialised in the region for decades and speak fluent Spanish and/or Portuguese. Whitney Debevoise is a veteran of the region, having represented Brazil, El Salvador, Panama and Honduras on numerous capital markets offerings over the years. Gregory Harrington is similarly experienced with a large number of sovereign and multilateral development bank clients. Panama native Raul Herrera, and counsels Arturo Caraballo and Carlos Pelaez, are also key figures in the team. All named individuals are based in Washington DC. The practice was further boosted in September 2023 with the hire of capital markets, PE and M&A partner Carlos Lobo (formerly at Hughes Hubbard & Reed LLP) to the firm’s New York office; the Brazilian-born Lobo should significantly enhance the firm’s network of relations in the Brazilian market.