Firm Profile > Jones Day > Mexico City, Mexico
Jones Day Offices
PASEO DE LA REFORMA 342
PISO 30, COLONIA JUÁREZ
06600 MEXICO, D.F.
Jones Day > The Legal 500 Rankings
Projects and infrastructure Tier 1
Jones Day has an extremely well-regarded practice that is praised for its 'strong execution and work ethic'. The four-partner group has extensive experience across the infrastructure spectrum, including transportation, energy, pipelines and water treatment projects. Recent mandates saw teams advise Jinko Solar on the $135m financing for the development and operation of a 130MW solar power project in Jalisco; and in the transportation segment, Grupo Aeroportuario de la Ciudad de México on its $1.6bn IPO of Fibra E shares on the Mexican Stock Exchange. Key practice partners include Alberto de la Parra, Antonio Franck, José A Estandía and Manuel Romano; all of whom have established excellent market reputations.
Banking and finance Tier 2
The 14-strong team at Jones Day 's Mexico office has the advantage of being able to call on the firm’s international network. Its banking and finance offering includes advice on acquisition and leveraged finance, real estate finance, project and asset finance, and distressed financing, as well as derivatives, structured finance, and securitisations, which it provides to a client-base comprising financial groups, banks, mutual fund companies, and leasing, factoring and non-traditional banks. In highlight work, Alberto de la Parra assisted Grupo Aeroportuario de la Ciudad de México with its MXN$30bn initial public offering of Fibra E Shares on the Mexican Stock Exchange; and Fuerza Eólica de San Matias, a subsidiary of Sinia Capital (part of Sabadell Energy Investment Branch), with a $45m secured financing granted by Banobras for the development of a 30MW wind-power generation project under development in Baja California. In conjunction with the firm’s Miami office, practice head Antonio Franck advised Itzoil (Invex Infraestructura 4) on the $700m development, project financing, construction and operation of a new port and storage terminal in Tuxpan, a storage terminal in Tula, and a pipeline of approximately 260km connecting the two. While his practice is winding down, Fernando de Ovando advised Banco del Bajío on its $475.2m global offering under Rule 144a/Reg S, IPO and listing on the Mexican Stock Exchange. Other key lawyers include Javier Martínez del Campo, Carlos Sámano, and Manuel Romano, with support from associates Arturo de la Parra, Salvador Gallo, and Diego Noriega. Other clients include BBVA Bancomer, GMéxico Transportes, Credit Suisse Securities, Grupo Kuo, and JinkoSolar Holding.
Capital markets Tier 2
The 10 practitioners at Jones Day focus on advising Mexican issuers and underwriters on debt and equity offerings, and the establishment of mutual funds, pension funds and brokerage firms. Examples of the former included representing Grupo Aeroportuario de la Ciudad de México (GACM), as sponsor, in the IPO of a $1.6bn energy and infrastructure investment trust (Fibra-E) for the acquisition of nearly 20% of the total equity of GACM; Promotora y Desarrolladora Mexicana (Prodemex), as sponsor, on the $306m IPO a Fibra-E for the acquisition of a 50% equity interest in three subsidiaries of Prodemex; and Citibanamex Afore as investor in the IPO of a $200m project investment trust (CERPI). In fund work the firm assisted Principal with obtaining authorisation from the National Banking and Securities Commission for the incorporation of three mutual funds and with their listing; and Intercam Fondos with obtaining authorisation for the incorporation of mutual fund +TASA MX and with its listing. Fund and trust expert Silvia Malagón leads the group; Antonio Franck and of counsel Carlos Sámano advise on securities offerings; and Alberto De La Parra is an expert in infrastructure-related matters. Javier Martínez del Campo is another member of the practice, while emerging associate Eduardo Mendoza works closely with Malagón. Other clients include Grupo Gigante, Crédito Real, Grupo Kuo, Banco del Bajío, and BNP Paribas Investment Partners.
Competition and antitrust Tier 2
Jones Day's Mexico City team is commended for its 'efficient response and availability and high knowledge of antitrust', including support for cross-border and domestic transactions, as well as advice on high profile market investigations. The team is jointly led by the 'highly involved' Gabriel Altamirano, who advises on merger control and investigations, and Bertha Ordaz, who has strong expertise in the energy, infrastructure, aviation and telecoms sectors. The firm recently advised USG Corporation on the clearance of its global US$7bn takeover by the German building materials manufacturer Gebr. Knauf. The team also advised a railroad-sector client on a major COFECE investigation into alleged abuse of dominant position. Other clients include Procter & Gamble, Iberdrola Renovables, and UPL.
Corporate and M&A Tier 2
Jones Day 'has a broad number of professionals that can provide support in complex matters like M&A and compliance.' Clients appreciate the 'very important personalization of services', and the team's 'very valuable partners' including practice head Mauricio Castilla, Antonio Franck, Javier Martínez del Campo, and Manuel Romano. The office works closely with the firm's wider international network and is especially active in the energy sector. Recently it advised Savage Companies on the local aspects of its merger with Bartlett and Company to form Savage Enterprises. Another highlight was representing Enesa on the sale of Selmec Equipos Industriales, a manufacturer of diesel and natural gas generators, to Generac Holdings.
Energy and natural resources Tier 2
Jones Day has an extremely strong multidisciplinary practice that combines transactional know-how with excellent expertise in the full range of infrastructure development matters, as well as regulatory and environmental law. Recent mandates include advising Western Refining de Mexico on a joint venture with CFEnergía to develop and operate a 600,000-barrel capacity storage centre. On the renewables side the team advised Parque Industrial de Energía Renovable and Pier IV on the US$180m financing for two wind farms to be constructed in Palmar de Bravo. The highly-respected José Estandía and Alberto de la Parra jointly co-lead the team, which also includes Antonio Franck and administrative law expert Mauricio Llamas.
Environment Tier 2
The team at Jones Day does work that is 'always very high quality'; its lawyers are 'truly experts'. Lead partner Mauricio Llamas is singled out for his 'expertise and quality of service' which is 'always great'. The practice group provides crucial support on major development and infrastructure projects across a range of sectors and industries, and is also experienced in environmental, health and safety litigation before the federal and local administrative courts. The team was heavily active in all the environmental aspects attendant to the New Mexico City Airport project, including ongoing matters now that the project has been cancelled. Lawyers also advised Grupo Lessafre, a major yeast producer, on the methodology for its greenhouse gas emission-calculations and subsequent reporting obligations for its three Mexican facilities.
Real estate Tier 2
In highlight work, Jones Day advised MGM Innova Capital, as seller and lessor, in a structured finance transaction with Promotora Sunset Beach Clubs. Other work saw the six-strong team handle real estate transactions ranging from due diligence processes for the purchase or development of land, houses, buildings, plants, hotels and factories, to operations requiring finance and tax expertise; it also undertakes the development of real estate investment vehicles under Mexican law; agrarian matters (ejido and communal property and series T shares), and land use, zoning and environmental work. Moreover, it can also count on a global real estate team of over 100 lawyers. The ‘very talented’ Manuel Romano heads the practice; environment specialist Mauricio Llamas is another key practitioner; and Rodrigo Gómez provides tax expertise. Other clients include Procter & Gamble, Mision XII, Lowe’s Companies, and the Holley Group.
Dispute resolution Tier 3
Jones Day handles a broad range of domestic and cross-border civil and commercial disputes for its clients, who also benefit from the firm's impressive international network. The group is jointly led by Antonio González and José Antonio Vázques Cobo who are both well-versed in commercial litigation and arbitration. Recently the team successfully represented Roku in a high stakes amparo case against Cablevision, concerning the importation, distribution and sale of Roku products in Mexico. The firm has also been advising the Mexico City Airport Group on contentious issues linked to the new government's decision to cancel the project.
Of counsel Javier Cortés leads the practice at Jones Day, which handles the full array of trade matters, with a special focus on maquiladora, regulatory, and FTA matters, as well as litigation; and the team can also call on the firm’s international network. Key expertise is contributed by Mauricio Llamas, also of counsel, whose practice includes government regulation; he has 25 years’ experience in customs duties and maquila matters, as well as at the Mexican tax authority (SAT). Departmental clients have included Manhattan Beachwear Jinko Solar, Andeavor (formerly Tesoro), RCMA Americas, Dufry, Husqvarna, Gildan / Allstyle, UPS, Reebok/Adidas, Lanxess, Cardinal Health, and Rassini.
Tax Tier 3
Respected by peers, Rodrigo Gómez heads the practice at Jones Day, which handles transactional tax matters, tax planning and restructuring, audits, administrative and regulatory procedures, and permits and authorisations; the group can also call on the firm’s wider international network. Recent highlight work included the tax apsects of Grupo Aeropuertario de la Ciudad de México's $6bn issuance of four bond seroes under Rule 144A / Reg S, as part of the tender offer to re-purchase up to $1.8bn bonds; General Electric's $160m sale of the industrial business of its Power Conversion division to Wolong Electric Group (including tax advice regarding the Mexican tax effects of the sale of the Mexican subsidiaries of said industrial business); and Grupo Gigante on an amendment to its existing syndicated credit agreement for the purpose of refinancing the payment terms. Support comes from associate Andrés Lieja . Other clients include Lixil Group / American Standard, The Haskell Company, Methode Electronics, Dream Hotel Group and Crédito Real.
TMT Tier 3
Despite having suffered the loss of its core TMT team in 2017, Jones Day has managed to maintain an even keel, retaining clients and providing advice on some sophisticated work. The small practice of two lawyers focuses on satellite, technology, telecommunications, internet and e-commerce, handling transactional, financing and regulatory matters. It assisted a leading client operating in the border checkpoint technology industry on a public procurement project; and it continued to advise Reebok de México / Adidas de México on the implementation and operation of its e-commerce platform in the country, including contracting matters, data protection, economic competition, and consumer protection aspects. The practice is headed by Bertha Alicia Ordaz-Avilés.
Jones Day > Firm Profile
Firm overview: Jones Day is a global law firm with more than 2,500 lawyers in 43 offices across five continents. The firm is distinguished by: a singular tradition of client service; the mutual commitment to, and the seamless collaboration of, a true partnership; formidable legal talent across multiple disciplines and jurisdictions; and shared professional values that focus on client needs.
Jones Day is an institutional partner for clients who seek counsel that seeks to understand them and their needs; that communicates with clients about their needs and the different tactics available for addressing those needs; that works seamlessly and impressively across offices and practices and with the client; that provides talent and expertise across subject areas and geographies; and that brings commitment and courage to the relationship and its engagements. We are formidable because every partner and every client has the entire global institution at their command and is a high priority of the Firm as a whole. We are true partners, with each other and, even more importantly, with our clients.
Regions of practice
Latin America: Jones Day is one of the leading global law firms serving the Latin American region through its offices in Mexico City and São Paulo, along with attorneys based in key business and legal centers such as New York, Houston, Dallas, Miami, and Madrid. Jones Day’s Latin American experience extends to mergers and acquisitions, investigations and anti-corruption, projects and infrastructure, banking and finance, energy, dispute resolution, business restructuring, private equity and capital markets.
United States: Surveys repeatedly list Jones Day as one of the most frequently engaged law firms by U.S. corporations for both transactional and disputes matters, and among the leaders in client service. Jones Day’s more than 1,600 lawyers across its 18 U.S. offices collaborate to serve clients across practices and geographies on all major matters that span time-honored practices (antitrust, mergers and acquisitions, litigation, and government regulation) to more recently established and expanded areas (cybersecurity, life sciences, energy, and technology) that specifically address the contemporary challenges of an increasingly complex global business and legal environment.
Europe & Middle East: Jones Day provides a significant presence in Europe that offers clients more than 500 lawyers from its ten European offices in Amsterdam, Brussels, Düsseldorf, Frankfurt, London, Madrid, Milan, Moscow, Munich, and Paris. The firm’s lawyers counsel clients in administrative and public law, banking and finance, capital markets, competition law and regulatory, derivatives, market infrastructures, dispute resolution, and investigations.
In the Middle East, more than 20 lawyers are based in the firm’s offices in Dubai and Saudi Arabia. They have accumulated significant experience in most of the region’s key industries and jurisdictions, advising on mergers and acquisitions and corporate transactions, projects and infrastructure, commercial transactions, real estate and construction matters, regulatory compliance, and dispute resolution.
Asia-Pacific: Jones Day has committed substantial resources and capacity to serve each of Asia’s distinct markets, including China, Japan, Singapore and Southeast Asia, as well as Australia. Spread throughout ten offices in the region, the firm’s 250+ lawyers represent clients in practice areas including antitrust, banking and finance, capital markets, corporate and commercial, energy, global disputes, intellectual property, labor and employment, mergers and acquisitions, private equity, real estate, and several others.
Managing partner: Stephen J Brogan
Latin America offices: Mexico City, São Paulo
US offices: Atlanta, Boston, Chicago, Cleveland, Columbus, Dallas, Detroit, Houston, Irvine, Los Angeles, Miami, Minneapolis, New York, Pittsburgh, San Diego, San Francisco, Silicon Valley, Washington
Europe and Middle East offices: Amsterdam, Brussels, Dubai, Düsseldorf, Frankfurt, London, Madrid, Milan, Moscow, Munich, Paris, Saudi Arabia
Asia-Pacific: Beijing, Brisbane, Hong Kong, Melbourne, Perth, Shanghai, Singapore, Sydney, Taipei, Tokyo
Main areas of practice:
- Antitrust & Competition
- Business & Tort Litigation
- Business Restructuring & Reorganization
- Cybersecurity, Privacy & Data Protection
- Employee Benefits & Executive Compensation
- Financial Markets
- Global Disputes
- Government Regulation
- Health Care & Life Sciences
- Insurance Recovery
- Intellectual Property
- Investigations & White Collar Defense
- Issues & Appeals
- Labor & Employment
- Mergers & Acquisitions
- Private Equity
- Real Estate
- Securities Litigation & SEC Enforcement
|Managing Partner||Stephen J Brogan|
United States: Corporate Governance
Published: March 2020
Authors: Lizanne Thomas Jennifer C. Lewis The views and opinions set forth herein are the personal views or opinions of the author; they do not necessarily reflect views or opinions of the law firm with which they are associated.
This country-specific Q&A provides an overview to Corporate Governance laws and regulations that may occur in United States.