Whitney Debevoise > Arnold & Porter > Washington DC, United States > Lawyer Profile

Arnold & Porter
WASHINGTON, DC 20001-3743
United States

Lawyer Rankings

Latin America: International firms > Banking and finance

Arnold & Porter‘s established connections to Latin America continue to bear fruit, both in the transactional and regulatory arenas. Stemming from a series of engagements for sovereign states in the 1980s, principally in connection with their debt restructurings, the firm cemented its standing with a number of ministries of finance and central banks, which in turn have led to a range of private sector bank relationships; the firm has worked with every president of Brazil’s central bank since the mid-1980s, most of whom have subsequently moved into the private sector. The firm is also a leader in bank regulatory matters, including in relation to Latin American banks’ operations in the US. Senator Christopher Dodd, a senior counsel in the firm and the man behind the Dodd-Frank legislation in the US, is playing a key role in further developing the firm’s regulatory initiatives, most notably in Brazil. On the transactional side, the firm’s merger with Kaye Scholer in 2017 has resulted in the Latin America practice having additional credibility in structured finance, securitisation and derivatives. Key jurisdictions for the practice include Brazil, Colombia, Panama, Costa Rica, Peru and increasingly Argentina. The practice advised Peruvian agro-industrial company, Camposol, on its $200m senior secured term loan facility from Banco Santander and Coöperatieve Rabobank; and in another headline deal, advised Latin American electrical power and natural gas company, Grupo Energía Bogotá, on its $749m unsecured credit facility. Whitney Debevoise has an outstanding record in Latin America, most notably with a number of central banks -such as the Central Bank of Brazil and the Central Reserve Bank of El Salvador- along with private sector lenders including Banco Itau and Banco do Brasil. Gregory Harrington is another recognised Latin America finance specialist with an excellent standing in Brazil and other key jurisdictions such as Peru. Senior counsel Neil Goodman  is an experienced counsel to sovereign states including the Republics of Colombia, Costa Rica and El Salvador. Counsels Arturo Caraballo  and Carlos Pelaez are also key members of the team. All named individuals are based in Washington DC.

Latin America: International firms > Capital markets

Arnold & Porter continues to be at the forefront of sovereign issuances for a number of Latin American states, quasi-sovereign entities and municipalities. The firm is also noted for securitisation and structured finance transactions, including diversified payment rights transactions. Longstanding clients include the Republics of Colombia, Costa Rica, El Salvador, Honduras and Panama, Federative Republic of Brazil, Bolivarian Republic of Venezuela, Empresa de Transmisión Eléctrica, Camposol Holdings and Grupo de Energía de Bogotá. The practice group advised the Republic of Panama on its $1.2bn global bonds issuance and advised the Republic of Colombia on its  2018 global bond offering and tender offer. Outside the sovereign segment, it advised Camposol on its $500m SEC registered IPO and concurrent listing on NYSE. Whitney Debevoise has a longstanding record in Latin America and has extensive connections to Latin American sovereigns such as Brazil, Panama and El Salvador. Neil Goodman is similarly well plugged-in to the region with a history of engagements from the Republic of Colombia, the Republic of Costa Rica and the Republic of El Salvador. Gregory Harrington has an extensive record in Brazil and Peru, in particular, for clients such as Camposol; while Panamanian native Raul HerreraArturo Caraballo and counsel Carlos Pelaez  are also key members of the team.  All named individuals are based in Washington DC.

Latin America: International firms > International arbitration > International arbitration

Arnold & Porter‘s client roster features a large number of states, including the Dominican Republic, Chile, Peru, Columbia and Panama, which it represents in investor-state arbitrations. Paolo Di Rosa heads the global international arbitration practice, and was part of the team, which also included London-based Patricio Grané Labat and Dmitri Evseev, that represented the Republic of Costa Rica in a dispute against Infinito Gold regarding exploration permits and a concession for the exploitation of a gold mine. The team is also assisting the Republic of Peru with a series of disputes in the gas transportation sector.  Washington DC-based Whitney DebevoiseGaela Gehring Flores and Mallory Silberman are defending the Republic of Panama against a claim filed by the US subsidiaries of Bridgestone Corporation relating to its IP rights.

London > Finance > Debt capital markets

(Leading individuals)

Whitney DebevoiseArnold & Porter

Arnold & Porter‘s debt capital markets practice is best known for its representation of sovereign issuers in international financial transactions, often in challenging jurisdictions. The practice, led by Jeremy Willcocks with support from former US Executive Director of the World Bank Whitney Debevoise, who works in both the London and New York offices, has a stellar client roster that includes the Republic of Azerbaijan, Bosnia and Herzegovina, the Federative Republic of Brazil, Hungary, the Hashemite Kingdom of Jordan, the Republic of Kenya, the Republic of Turkey and the Bank of Zambia. Willcocks, whose innovative work included the debut diaspora bond for the Republic of Nigeria, leads the European side of the practice, while Debevoise focuses on US law.

United States > Finance > Capital markets: global offerings

Arnold & Porter is distinguished by its specialist expertise in representing sovereign governments on US capital markets transactions, with a strong emphasis on the Latin American region and debt offerings. The largely issuer-focused group also acts for corporate issuers in cross-border transactions, particularly Canada and Latin America-based companies. Additionally, the team benefits from its ability to bring the wider firm’s signature regulatory weight to bear for securities-related corporate governance and compliance issues. New York-based Christopher Peterson co-heads the capital markets practice and has a focus on sovereign debt and cross-border issuances. Washington DC-based Whitney Debevoise is widely recognized as a leader in international finance transactions and has an enviable record in sovereign finance, including his recent work for Panama and El Salvador in their bond offerings. New York-based Robert Azarow and San Francisco’s Teresa Johnson also co-lead the national practice alongside Peterson.

United States > Finance > Capital markets: debt offerings

Arnold & Porter’s issuer-focused practice has an emphasis on sovereign bond deals and it routinely represents governments in Latin America and Europe on major debt issuances. The group also handles offerings on behalf of corporate issuers, particularly in the financial services and energy areas. In New York, group co-head Christopher Peterson has a focus on sovereign debt and cross-border offerings. In Washington DC, international finance specialist Whitney Debevoise is also noted for his work on behalf of sovereign issuers. San Francisco-based Teresa Johnson and New York-based Robert Azarow co-lead the department alongside Peterson.