Ferrere > Santa Cruz, Bolivia > Firm Profile

Ferrere
Edificio Manzana 40, Torre 2, Of. 2003, Piso 20
Av. San Martín, 3er y 4to anillo
SANTA CRUZ
Bolivia

Bolivia > Banking and finance Tier 2

FERRERE is well-versed in advising international financial institutions and multilaterals on a full range of banking and finance matters. The firm's workload includes advice on the structuring of complex financial instruments with Bolivian companies and securing guarantees in Bolivia. The firm provides regulatory advice to investment funds, insurers, and credit rating agencies, and also has significant experience advising clients on their interactions with the Bolivian government. Throughout 2022, the firm was active in the insurance and reinsurance sector, advising Lockton Specialties on its expansion into Bolivia as a foreign reinsurance broker. The team is led by Diego Villarroel, who specialises in project finance, regulatory banking matters and capital markets. He regularly advises clients on cross-border transactions and handles queries from banks and financial services providers. At the associate level, José Rivero supports on capital markets, banking regulatory matters and project finance transactions.

Practice head(s):

Diego Villarroel

Testimonials

Responsibility and timely attention to service requirements.

Diego Villarroel – Solvency in the knowledge of banking and financial law.

Ferrere is making inroads into relationships with startups. This not only contributes to us as a business, but also to the country’s innovation ecosystem. The openness of the partners to learn and always be available in a new market, where there are many legal gaps in Bolivia, has been vital and very important.

Diego Villarroel seeks a more personal and non-transactional relationship. He is very open to having conversations when required and can be accessed.

Key clients

UBS Business Solutions

BlackRock

Commerzbank

Banco Ganadero

Morgan Stanley

MasterCard

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden

Cargill Financial Services International

New Development Bank

Macquire

Lockton Specialties

Cargill Americas

Bunge

PaySafe

Banco Santander Perú

tuGerente

CNH Industrial

Work highlights

  • Advised Cargill Americas on the granting of loans to several local agricultural producers, with ongoing operations in Bolivia.
  • Advised Banco Ganadero on the structuring of its main prize money programs for its clients in Bolivia.
  • Advised Bunge in the review of a derivative purchase and export agreement with Alicorp in Bolivia.

Bolivia > Dispute resolution Tier 2

FERRERE‘s dispute resolution team offers advice on a range of contentious matters, including both domestic and international arbitration, and domestic litigation. The group handles various arbitration matters, including investment, civil and commercial arbitration, and its experience also covers complex and sensitive disputes with the Bolivian government. Clients come from a variety of industries, including energy and natural resources, telecoms, pharmaceuticals and retail. In 2022, the firm also noted a signification number of litigation matters related to the agribusiness sector. Managing partner Diego Villarroel leads the arbitration and litigation team, and senior associate Bruno Cuellar has a broad knowledge of dispute resolution procedures, with a focus on civil and labour litigation.

Practice head(s):

Diego Villarroel

Testimonials

I would like to highlight the assistance that we received from Diego Villaroel and Mauricio Vizcarra, when they worked as local counsel for a treaty arbitration. They are extremely responsive and come across as very knowledgeable of Bolivian law. They also understand well how Bolivian law fits within international law and a treaty dispute.

Diego Villaroel is an excellent point of contact. He is extremely responsive and pragmatic.

Great team.

Key clients

Glencore Finance (Bermuda)

SAKTAL

Cargill Bolivia

Distribuidora Cummins

Polimix Bolivia Hormigón

Fundación Netri

Agri2agri

Agropecuaria Momoca

Agritec

Ingenio Sucroalcoholero Aguaí

Cruzimex Comercio Exterior y Distribución

Exportrade

Assist Card

PRO ANI

Work highlights

  • Advising Cargill on recovery of bad debts for an accrued amount of over $10m.
  • Representing Glencore Finance alongside in UNICTRAL arbitration against the Plurinational State of Bolivia before the Permanent Court of Arbitration.
  • Acted for Saktal in rejecting the principal claim brought against it by El Doral for approximately $9m.

Bolivia > Corporate and M&A Tier 3

FERRERE’s corporate and M&A team offers advice on contracts, day-to-day corporate matters and due diligence, while also handling complex regulatory issues and M&A. The team has been involved in several high-value M&A and reorganisation transactions in 2022. The firm has experience advising clients on their interactions with the Bolivian government. The team also offers advice to international clients looking to establish and manage operations in Bolivia. In 2022, the firm has seen an increase in transactions in the agribusiness sector, advising key clients in the industry, such as Cargill. The team is led by Diego Villarroel, who advises domestic and international clients on day-to-day corporate matters as well as M&A, due diligence and documents for all types of commercial transactions. At the senior associate level, Pablo Heredia is involved in the organisation of local and international companies, and in due diligence procedures to assess corporate compliance and implement corporate transactions. Jorge Palza has extensive experience in corporate matters, and offers advice on joint ventures, corporate due diligence, compliance and corporate governance.

Practice head(s):

Diego Villarroel

Testimonials

The team has extensive knowledge of the country’s applicable regulations and the necessary procedures to be able to carry out complex legal structures.

Jorge Plaza dedicates his time and gives importance to the requirements and requests presented. He has extensive corporate knowledge that allows him to efficiently and effectively carry out the procedures that the company requires. He has always shown his availability and time to provide clear and concise advice.

From our perspective, we see a proactive, diligent and committed work team with clients, focused on offering a good quality of services.

It is a firm that is always at the forefront of information and manages a fairly broad network, which is one of its strengths. The attentions are timely, and the quality of the information provided is adequate. The team is proactive and to date it has always provided precise attention, within acceptable times. From the beginning of the relationship, it has helped us with the startup of the company and to date it provides us with all the legal support.

Trained people with up-to-date knowledge. Educated and cordial attention. Good time management. Pablo Heredia is an excellent professional.

I have worked with Pablo Heredia for a long time. His knowledge of corporate law is admirable. He is always ready to help and available for his clients.

The team is well trained and tries to find solutions to all problems, which is what we as a company mainly want. We also receive quick answers that are well-informed. The attitude and predisposition to solve what arises is very noticeable.

What makes them stand out is their knowledge, speed in answering queries and attitude to find solutions to problems. We have worked with Pablo Heredia, who has provided us with excellent support in the labour area, with reports and solutions to our requirements.

Key clients

Cargill

Uber

Darnel Group

Ceva Salud Animal

Cruzimex

Ingenio Sucroalcoholero Aguaí

Plasticaucho Bolivia

Ingener

Procter & Gamble

Boehringer

Laboratorio de Endogenética

Comercializadora Gretel Bolivia

Productos Animales

Grupo Parejas – Tumpar

Zoframaq

Siemens Healthineers

BASF Bolivia

Phoenix Tower International

Suzano

Schlumberger Surenco

Distribuidora Cummins

3M

Industria de Cereales y Derivados del Oriente (INCER)

The Mare Group

South American Inspection Services (SAIS)

Motul

tuGerente

Tele Salud

QBOX Latam

DirectV

Logicalis

Pernod Ricard

Schaeffler

Work highlights

  • Advised Cargill Bolivia on the sale of all its shares in a local company, Aguirre Agro Bolivia (AABSA) to Central Aguirre Portuaria (CAPSA).
  • Advised Productos Animales on the acquisition of 90% of Industria de Cereales y Derivados del Oriente (INCER) through a capital increase.
  • Advised Cruzimex Comercio Exterior on the acquisition of Apego.

Bolivia > Labour and employment Tier 3

From its offices in Santa Cruz, La Paz and Cochabamba, Ferrere‘s labour and employment team advises clients on a full range of labour and social security matters, such as employment agreements, due diligence, personnel hiring structures, compensation policy design, and compliance. The group has continued to expanded its labour practice to incorporate immigration matters, restructurings and all aspects of labour litigation, including union disputes and negotiations. Senior associate Pablo Heredia heads the team, assisting with all labour matters, including the design and implementation of hiring policies and the implications of corporate restructurings and liquidations, as well as representing clients in conciliations and arbitrations with trade unions. Bruno Cuellar, senior associate, provides further support and represents clients in labour disputes before judicial courts and the Ministry of Labour. Both Heredia and Cuellar come with client recommendation.

Practice head(s):

Pablo Heredia

Testimonials

We clearly see that the team is very agile in response times, orderly and structured, accompanying the client in analysing cases and risks, and challenging market practices and seeking solutions within the legal framework. Qualified professionals carry out inter-consultations with other specialties to have context and a broad vision. In relation to other firms, it is undoubtedly the agility in response time, pragmatism and assertive returns that sets it apart.

It is agile, quick with responses, and accompanies you throughout the case, helping to find new possibilities, challenging uses and customs. It is up-to-date and has several specialties, such as tax, and others that often relate to the query.’

In our experience, the Ferrere firm has met our expectations in all areas in which we have worked with them. One of the things that I like to highlight a lot, is the intervention and the degree of commitment of the partners with the client.

I would like to highlight: Pablo Heredia and Bruno Cuellar.

It is up-to-date in terms of labor laws, good practices and the excellent quality of its services.

The firm differs from its competitors due to its prompt response and its care in providing us with the best service. Pablo Heredia’s greatest quality is his attitude and willingness to face any eventuality.

The technical level and knowledge of local legislation that the Bolivian team has is vast and up-to-date, which has made this firm a reliable ally for us and raises the bar of the firms I have worked with in my career.

The response time is outstanding. In this company, issues move very quickly, so it is essential that our legal advisors can react in the same way, and Ferrere has certainly achieved this. We have been working together for several years now, which has allowed them to get to know our business model very well and to offer solutions that fit our operation and our constant need to innovate. I have mainly worked with Pablo Heredia, who is a lawyer with vast experience and knowledge, who offers clear and timely answers, and is always open to clarify doubts. This, for our in-house legal team of nationality other than Bolivian, has been a great help.

Key clients

Cruzimex

Ingenio Sucroalcoholero Aguaí

Cargill

Uber

Avianca

Productos Animales

Remote

Gretel Bolivia

Incontrol Group

Ingener

Distribuidora Cummins

Nutrimix

Schlumberger Surenco

BASF

3M

Agroforte

Industrias Pacheco

Grupo Mesa

The Mare Group

Work highlights

  • Advising Productos Animales on the dismissal of its administrative personnel, and a collective trial concerning more than six workers.
  • Advised Industrias Pacheco on the negotiation with its labour union concerning different requests filed by the labour union directive.
  • Assisted Ingener with inspections before the Ministry of Labour, and advised on trials started by the ministry.

Bolivia > Tax Tier 3

Ferrere handles a wide range of tax-related matters, including general tax consulting, international trade and customs advice, and the tax aspects of corporate and financial transactions. The team also has experience defining tax structures. The tax practice handles litigation, at both an administrative and judicial level, and represents clients in disputes with the tax regulator and the Bolivian state. The group continues to advise significant national and international clients, such as Cargill, and is led by senior associate Mauricio Viscarra, a tax specialist with extensive experience advising clients on tax planning, contingencies and litigation. He is supported by fellow senior associate Pablo Heredia.

Practice head(s):

Mauricio Viscarra

Testimonials

They have a great team, with solid knowledge in different areas, which makes the support it provides efficient.

Mauricio Viscarra is a highly qualified professional with solid knowledge, and his responses are timely.

Key clients

Cargill

Amazon

Ingener Sucursal Bolivia

Remote

EOCORP

HBO

Marriott International

Dufry

HIG Capital

Glencore

Tigre

Logicalis

Schlumberger

Jindal Steel

Brightstar

Moove

Work highlights

  • Representing a Schlumberger subsidiary in a tax proceeding for payment of municipal patents for $245,000.
  • Representing Cargill Bolivia in several tax proceedings related to tax credit for $145,000.
  • Advised Jindal Steel on a capital reduction and its tax consequences.

Bolivia > Intellectual property Tier 4

FERRERE‘s IP department is regarded by clients as a ‘very competent and highly-informed‘ team. The firm demonstrates expertise in both administrative and judicial IP litigation, with experience representing clients in sensitive disputes before the Bolivian Ministry of Productive Development and Plural Economy (SENAPI). The group participates in opposition, nullity and infringement actions, and has recently increased its activity in patent filings and strategies, taking on a number of new clients. Practitioners have been implementing strategies and new protection practices to monitor client portfolios. The team is led by Diego Villarroel, who has extensive experience advising local and international clients, and associate Alberto Rivera, who assists with cancellation and nullity actions, and the filing of oppositions.

Practice head(s):

Diego Villarroel; Alberto Rivera

Testimonials

From our perspective, we see agility in the provision of services and a higher success rate than other law firms, thanks to Ferrere’s attention to detail and knowledge of the norm.

We see expertise in the management and resolution of trade mark issues that we have not seen in other law firms.

Ferrere is the team that is sought when a case needs to be dealt with urgently in the intellectual property practice. It is very responsive, attentive and handles cases with incredible attention.

The entire team handles and meets our requests with the urgency with which we request them, and is very willing and diligent in assisting us with all the matters that we request.

Alberto Rivera is very proactive, and his legal skills enable him to provide sound support in IP matters.

Ferrere is known for the quality of their services, and their capability to attend us in different countries in Latin America. They are responsive and help us to manage IP portfolios in different countries in an easier and practical way.

Ferrere has very competent and highly informed professionals in the matter. They seek to find effective solutions for customers, that are friendly in terms of costs and times. The promptness of response and the completeness of their advice on the issues consulted are exceptional.

Alberto Rivera has been a singular and unprecedented guide for us in the difficult jurisdiction of Bolivia, where we had had a very different experience. Alberto truly strives to deliver a professional and complete job, so that clients understand their options on issues of violation of industrial property rights.

Key clients

Grupo Bimbo

Banco Ganadero

Palomo Law

Cruzimex

Licks Attorneys

Vilela Coelho

Arochi & Lindner

Mattos Filho

Ovando Astara

Ferraiuoli

Grupo La Óptica

Biocon India

Estudio Carey

Estudio Echecopar

Logicalis Group

Primehealth

Nyne Waters

Work highlights

  • Advised Grupo Bimbo on the defence against cancellation actions filed by Hostess Brands against Twinkies trade marks.
  • Advised Banco Ganadero on opposition actions against Banco Solidario for the filing of Ganasol trade marks.
  • Advised Miguel Dell’Agli, a Brazilian inventor, to claim priority over a Brazilian patent application and with the filing of a patent application for a device applicable to machines that contain a large flow of oil.

From its office in Santa Cruz, Ferrere has been a relevant player in the Bolivian market since 2004. With a strong specialized team that offers first-class service in all major practice areas, it is valued as a “one stop shop” by the most prestigious local and multinationals companies along with multilateral organizations operating in Bolivia.

Ferrere is the only multi-jurisdictional, purely South American law firm. It has +150 attorneys throughout Bolivia, 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 programme.

Ferrere is exceptional in the three 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.

The firm regularly deploys members of its highly specialised talent pool to any jurisdiction where they may be required, at any time.

Clients: The firm advises mainly multinationals, including five of the top 25 Fortune 500 companies, global financial institutions and some of the largest Latin American companies. Many large global law firms also use Ferrere to complete their coverage of the region, given its multijurisdictional presence.

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
Country head: Diego Villarroel

Santa Cruz
Av. San Martín entre 3° y 4° anillo, Edificio Manzana 40, Torre 2, Piso 20, oficina 2003.

Department Name Email Telephone
Country Head Diego Villarroel dvillarroel@ferrere.com 70200838
Photo Name Position Profile
Bruno Cuellar photo Mr Bruno Cuellar Senior Associate
Pablo Heredia photo Mr Pablo Heredia Senior Associate
Diego Villarroel photo Mr Diego Villarroel Partner
Other fee-earners : 223
Partners : 27