Firm Profile > FERRERE > Tacuarembo, Uruguay
FERRERE > The Legal 500 Rankings
Banking and finance Tier 1
‘Adaptable and flexible’, FERRERE remains a go-to firm for its comprehensive coverage of the banking and finance sector, with strong skill sets across traditional lending, structured finance, debt capital markets, project finance, banking M&A, and regulatory matters. The group, which is widely acclaimed for its ‘strong industry knowledge and experience’, is led by sector specialist Diego Rodríguez, who brings to bear over two decades of experience in the area. Among his recent highlights, Rodríguez advised DirecTV on the local aspects of its $1bn notes offering — newly promoted partner Sebastián Ramos, together with senior associates Federico Lemos and José Lima, provided capable support on the deal. On the project finance side, Rodríguez paired up with energy and infrastructure expert Gonzalo Secco to advise Atlas Renewable Energy on the $114m refinancing of two photovoltaic power projects in Uruguay. Regulatory powerhouse Geraldine Ifrán is another key name in a group that also counts Credit Suisse, Deutsche Bank and Merrill Lynch International among its clients.
Corporate/M&A Tier 1
‘Definitely a top-tier firm’, FERRERE is lauded by multinational clients as a ‘leader for M&A in South America’ due to its ‘client-focused and efficient service’. The group’s ‘great knowledge of the market’ is evidenced by its broad cross-sector corporate expertise, which encompasses pharmaceuticals, financial services, food, agribusiness and TMT — its ability to draw on supplementary capability in areas such as regulatory, privacy and environmental law is also a big plus. Department lead Martín Cerruti is widely regarded as a corporate powerhouse and recently advised Australia’s WiseTech Global on its $10m acquisition of Uruguay’s Softcargo. Gonzalo Secco is noted for his strong skill set in energy and infrastructure deals; he acted for Enel Green Power on the sale of Enel Green Power Uruguay to Atlantica Yield. In another headline transaction, Geraldine Ifrán assisted Cristalerías del Uruguay with the sale of Cristalpet to Mexico’s Envases Universales. The group also includes the ‘client-focused’ Santiago Fontana, newly promoted partner Sebastián Ramos and ‘highly knowledgeable and responsive’ senior associate Alejandra García. Abbott Laboratories, Lacoste and Starbucks are also representative clients.
Dispute resolution Tier 1
‘A leader in the market’, FERRERE is noted for its ‘client-focused approach’ and its ability to ‘cover all areas of litigation’. The sizeable group, which handles the full range of commercial, constitutional and administrative disputes, also has deep arbitration experience. Lawyers are valued for their ‘full availability’ and ‘speedy response times’, with high-profile department lead Sandra González widely regarded as ‘one of the strongest specialists in the market’. González represented Hyundai Engineering & Construction in several recent cases, including in its $600m claim against state-owned electric utility UTE. On the arbitration front, González is advising Linzor Capital Partners in a $120m ICSID claim — newly promoted partner Soledad Díaz is providing capable litigation support on that case. Other experienced litigators include Alejandro Pintos. Senior litigator Julio Iribarne sadly passed away in mid-2019.
Intellectual property Tier 1
At FERRERE, regional managing partner Agustín Mayer leads the IP department and brings to bear broad regulatory expertise. Among Mayer’s recent highlights, he represented DirecTV in a trade mark infringement case brought by the owner of the VTV brand. Counsel Alejandro Alterwain is also a key figure and paired up with Mayer to advise Urbana FM in a complex ambush marketing-related case brought by Uruguayan rock band NTVG. Other representative clients include H&M, AbbVie and Nike.
Labour and employment Tier 1
The sizeable group at FERRERE impresses with its expertise across the full waterfront of labour and employment matters, with notable skill sets in labour litigation, collective bargaining issues and internal compliance matters. Department head Verónica Raffo is widely lauded as a market leader and is highly sought after by multinational clients looking for local advice. In a recent example, Raffo acted alongside experienced senior associate Alberto Baroffio to advise Uber Eats on all labour and social security issues associated with the implementation of its new delivery business. Senior counsel Nelson Larrañaga, who enjoys a strong profile for contentious cases, is another key figure and paired up with Raffo to advise Cantegril Country Club on a significant piece of social security-related litigation. The group is supported by an impressive second line of senior associates, which includes Felipe Lasarte and Rodrigo Turturiello.
Real estate Tier 1
A ‘leading real estate firm’, FERRERE possesses a ‘strong and broad practice’, which spans sale-and-purchase transactions, property finance, development matters and real estate litigation. Sadly, it is mourning the loss of senior litigator Julio Iribarne, who passed away suddenly in July 2019; a 'fine attorney', he led on the team's recent advice to Diamantis Plaza Lofts & Towers regarding a $62m residential project development. Carlos Falco is a ‘very strong and effective lawyer’ and acted in conjunction with the corporate group to advise Latin American development bank, CAF, on the construction and installation of its regional headquarters in Montevideo. Diego Durán, who advised a group of local investors on the $6m development of a parking lot, and Florencia Taboas, are also recommended - both are senior associates.
Tax Tier 1
The ‘superb’ group at FERRERE finds favour for its ‘great knowledge and precise answers’. The team, which stands out for its longstanding institutional relationships with many multinational clients, provides comprehensive coverage of the tax area, with expertise in tax structuring, transactional support matters and complex litigation — it also benefits from a dedicated customs law unit. Department lead Gianni Gutiérrez is highlighted for his ‘unique quality of service and solution-oriented approach’; he advised Hidrovias do Brasil, as Uruguayan and Paraguayan counsel, on its $600m bond issuance — Isabel Laventure and impressive associate Marcelo Marchetti provided capable support. The same group also advised Uber on the structuring of its local operations. Senior counsel Alberto Varela and senior associate María Laura Caffera are other names to note.
FERRERE > Firm Profile
FERRERE is the only multi-jurisdictional purely South American law firm. It has 250 attorneys across Bolivia, Ecuador, Paraguay and Uruguay and stands out for its US-style structure, methodologies and policies. The firm has developed international standards and homogeneous services, guaranteed by integrated, vertical practice groups and procedures, and a firm-wide training program.
FERRERE is the largest law firm in Uruguay and has a unique strategy based on highly specialized practice groups covering both industry sectors and areas of legal expertise. This strategy, permitted by size but also consciously promoted for two decades, results in services of the highest quality and cost efficiency for clients.
FERRERE is exceptional in the four jurisdictions in which it operates. It is a fully merit based organisation and has a mandatory early retirement policy and a strong focus on promoting diversity, with women making up 30% of the partnership. Many of FERRERE’s lawyers have US or European degrees and have worked for global law firms, financial institutions or at the headquarters of major multinationals. Regional and international companies, as well as global law firms, take advantage of the firm’s footprint to achieve full coverage of the region.
The firm has invested decades of hard work building practice groups dedicated to the areas of both law and industry. The firm’s industry specialization is a differentiating feature that, along with cutting-edge technology, allows it to provide clients outstanding quality legal advice with a high level of cost efficiency. FERRERE’s regional structure and depth of resources also enable it to handle the most complex cross-border and multi-jurisdictional transactions.
Main areas of practice
Banking and finance: FERRERE has outstanding work relationships with commercial banks and major multilateral lending organizations operating across the region.
M&A: FERRERE is consistently involved in almost all the market’s biggest and most sophisticated transactions and high-value projects.
Corporate: FERRERE has an outstanding team who is able to handle the biggest, most complex cross-border deals, as well as multi-jurisdictional transactions in the countries it operates in.
Dispute resolution: a significant part of the firm’s dispute resolution work involves the representation of clients who are not corporate clients, but who resort to FERRERE for their most complex commercial, investment, administrative or tax disputes.
Tax: FERRERE’s tax practice group advises clients on all tax matters and participates in business structuring, from corporate mergers or acquisitions through obtaining tax benefits for investment projects.
Employment: FERRERE is equally strong in the entire range of contentious and non-contentious labor and employment matters and focuses on providing high-quality advice on large, complex and highly strategic matters.
Intellectual property: FERRERE represents individuals and companies in developing and protecting their products, in drafting their assignment or license agreements, and in litigation focusing on violation of trademarks, patents, copyrights or unfair competition.
Energy and natural resources: FERRERE represents gas and liquid fuel as well as renewable energy companies. It advises the industry’s principal companies on day-to-day legal affairs, partner relationships, and governmental and regulatory matters.
Anti-corruption/compliance/internal investigations: FERRERE has unmatched experience in risk management and compliance. The firm’s multi-jurisdiction coverage and its practitioners’ international experience assure clients the meticulous and multifaceted approach required by today’s interconnected regulatory environment.
Other fee earners: 250
Managing partner: Agustín Mayer
Edificio Ferrere, Juncal 1392
T: +598 2900 1000
Paraguay 2141 Oficina 1004 Aguada Park
T: +598 2927 2360
Baltasar Brum 571, Colonia del Sacramento
T: +598 4523 1517
T: +598 4633 1111