Firm Profile > CMS Rodríguez-Azuero > Bogota, Colombia

CMS Rodríguez-Azuero
CALLE 75 NO. 3-53

Litigation Tier 2

Best known for its niche expertise in financial fraud matters and white-collar crime, CMS Rodríguez-Azuero is a go-to firm in financial regulation and administrative litigation. The 15-strong group features five expert partners who lead the practice; founding partner Sergio Rodríguez-Azuero and Carolina Arenas, who both have extensive experience in corporate and procedural law, have recently been handling groups defrauded by Ponzi schemes - with the firm currently acting in four such cases. Also heading the public procurement area, Daniel Rodríguez acts in disputes related to commercial and financial law, including insolvency judicial procedures. Jacques Simhon leads the corporate criminal law practice and co-heads the competition area. Since publication Arenas has left the firm, effective as of February 2021.


Their key strengths are the availability to resolve doubts, the awareness of the process, and knowledge of the subjects. Also, delivering responses in a timely manner‘.

Key clients



Group of victims (15) of Vesting Group Colombia

Group of victims (31) of Tu Renta Profesionales en Inversiones

Group of victims (43) of Estrategias en Valores

Group of victims (535) of Elite International Americas

Banco Internacional de Costa Rica- BICSA

Interprint do Brasil Indústria de Papéis Decorativos Ltda- Interprint

TMT Tier 2

CMS Rodríguez-Azuero handles ICT, fintech and e-commerce, data protection and internet law for a client roster that includes Google, Publicis and Peiky. Lorenzo Villegas Carrasquilla, who joined in 2018 from his eponymous boutique, heads the four-strong team that also has experience in competition law, dispute resolution and acting before relevant regulatory bodies. A former chairman of the Communications Regulatory Commission, Villegas is praised for his expertise, knowledge of the clients' businesses and availability. Recent highlights saw the four-strong team successfully represent Google in a case before the Constitutional Court regarding freedom of expression and intermediaries' liability, as well as structuring new business models related to technology and digital transactions for a client in the financial sector. Associate María Camila Piedrahita, who joined in February 2019 from Gómez-Pinzón Abogados (GPA), focuses on technology, media, communications and competition.


[We value] ‘the expertise and the possibility of direct communication with the partner and that we can take up our concerns directly with them’.

Practice expertise and knowledge of the client’s business’.

Key clients






Banking and finance Tier 3

CMS Rodríguez-Azuero demonstrates weight across financing operations and project finance, but it is best known for its firepower in regulatory issues. Renowned founding partner Sergio Rodríguez-Azuero focuses on regulation in relation to securities and capital markets, insurance, and fiduciary law and trusts products, as well as being a reputed litigator. Fellow co-head Daniel Rodríguez leads the structured, project and corporate finance areas and co-leads the restructuring and insolvency practice. Rodríguez also heads the risk management and anti-money laundering practice in the firm's compliance and criminal corporate law practices. Senior associate María Lucía Amador brings relevant support to the six-strong practice.


Their knowledge of the market and its participants makes transactions smoother, and, to a certain extent, less contentious‘.

Daniel Rodríguez has a profound technical knowledge and is client and business driven, which always helps when negotiating complex deals‘.

I’d highlight the experience that the firm has when dealing with the financial regulator, which greatly helps day-to-day solutions. They are serious and accurate. They have specialists by subject matter which allows us to delve into different fronts‘.

Key clients

Banco Santander

Citibank Colombia

Inter-American Development Bank (IDB), and Interamerican Investment Corporation (as IDB’s agent)

Centro de Gerenciamiento de Residuos Doña Juana


Banco de Chile

Axa Colpatria Capitalizadora

Corporate and M&A Tier 3

CMS Rodríguez-Azuero enjoys a strong profile locally due to its lengthy roots in the Colombian market, while internationally it has strong links with global law firms and multinational clients as part of the CMS network. Department head Juan Camilo Rodríguez -who is experienced in financial, regulatory and administrative litigation- leads the six-strong department that draws strength from a multidisciplinary group of partners. Handling the full range of corporate transactional matters, the practice has a particular focus on due diligence processes in relation to anti-money laundering, anti-terrorism financing and corruption. Key support comes from associate director Andrea Zuñiga and associate Camilo Caicedo.

Practice head(s):


A team with a fast, timely and accurate response‘.

Juan Camilo Rodríguez and Karl Mutter are highlighted‘.

Key clients


IMCD Group (José Fernando Vélez)


MYM Nutraceuticals

Charles Taylor

South 32 Energy

Círculo de Viajes Universal

Alpla Werke Alwin Lehner


Life sciences Tier 3

A recommended choice for regulatory law regarding pharma and medical devices, as well as for the food and drinks industry, CMS Rodríguez-Azuero handles health registration prosecution and modifications, market approval for innovative products, certifications and authorisations for production and storage facilities, and advertising and labelling evaluations. Head of practice Karl Mutter, who for eight years led his own firm specialising in the comprehensive management of sanitary regulatory law, leads both the life sciences, and healthcare and intellectual property areas. Associate director Luz Helena Vargas, who has over 14 years in sanitary regulatory and registration matters, and associate María Ximena Castellanos make up the three-strong team, which also handles functional claims, investigations and penalties for alleged breaches.

Practice head(s):


The team led by Karl Mutter is highly specialised and knows the food and beverage industry and regulation very well‘.

Karl Mutter’s strength is undoubtedly knowledge on regulation and his commercial vision regarding legal advice. He always delivers concepts adjusted to the reality of the company, the market and the regulation‘.

The CMS Rodriguez-Azuero team is always available even if the client is “small”. In teams from other offices you can see the difference in care when you are not one of the big pharma companies. The CMS Rodriguez-Azuero team always does it best to assist you in the best way and if they do not know the information they are in charge of finding out and informing you. The team is always ready to accelerate the processes when required and works together with the client to achieve the objectives. They have specialists in all matters and advise us on any legal matter that we need, not just regulatory‘.

Always available, friendly service and easy to get in contact. The partners and associates serve us directly, they do not delegate the attention to their assistants. Luz Helena Vargas and Karl Mutter stand out‘.

They have a great deal of technical knowledge‘.

Karl Mutter is very professional and quick in his answers‘.

Key clients

Red Bull Gmbh

Lohmann & Rauscher

Cencosud Colombia

Sdi Limited


Lentesplus.Com (Locust Sas)

Khiron Lifesciences

Pisa Farmaceutica

Kavo Kerr


Public law Tier 3

CMS Rodríguez-Azuero's public procurement department offers comprehensive advice on infrastructure projects and public procurement at all developmental stages to private and state parties, as well as undertaking litigation and arbitration. With a broad service offering, the firm's advice also extends to financial, environmental, real estate, antitrust, corporate and tax matters related to public procurement procedures and projects. Heading the four-strong group - and also co-leading the compliance and antitrust practice - Daniel Rodríguez combines his knowledge of infrastructure and public law with 20 years' experience in financial law and anticorruption regulations. Senior associate María Lucía Amador and associate Paula Andrea Gutiérrez, who handle a combination of finance, project finance, administrative law, public contracting and compliance, complete the group.


Practice head(s):

Key clients

Ingeniería de Vías

Grupo Energía Bogotá

Hewlet Packard Colombia


Colombian National Planning Department


Interamerican Development Bank



Arbitration Tier 4

CMS Rodríguez-Azuero undertakes domestic arbitration in a wide range of sectors. Founding partner -and co-leader of the practice- Sergio Rodríguez-Azuero bring his enormous expertise in financial regulation to bear, frequently acting as an arbitrator in finance sector cases. Fellow co-head Daniel Rodríguez regularly acts as both party counsel and arbitrator, primarily in connection with construction and infrastructure projects; while Lorenzo Villegas Carrasquilla, who leads the technology, media and communications practice, is experienced in international investment arbitration related to his specialisation.


Their key strengths are the availability to resolve doubts, the awareness of the process, and the knowledge of the subjects. Also, delivering responses in a timely manner’.

Key clients



Banco Internacional de Costa Rica (BICSA)

Interprint do Brasil Indústria de Papéis Decorativos (Interprint)

Energy and natural resources Tier 4

CMS Rodríguez-Azuero has had notable participation both in regulatory matters and on the transactional side. The firm participated in the recent creation of the Fund for Non-Conventional Energy and Efficient Energy Management (FENOGE), the first public fund created exclusively to finance non-conventional energy sources. Other notable matters include acting as lead counsel to the Colombian Government on a comparative review of the contractual model for the allocation of offshore blocks. Practice head Daniel Rodríguez, who is experienced in project structuring and development as well as contractual and regulatory issues, leads the four-strong team.

Practice head(s):

Key clients



Intellectual property Tier 4

CMS Rodríguez-Azuero's increasingly prominent IP practice is distinguished by its focus on advising companies in life sciences related industries. Drawing strength from the 2018-incorporation of practice head Karl Mutter, a life sciences regulation specialist who formerly ran his own firm, the team also works across other sectors. Indeed, it handles the spectrum of IP matters, its prosecution-related services covering 13 countries in the region and the team demonstrates particular expertise in European IP law. Associate director, France-qualified Lola Kandelaft, 'a future star', handles the IP and competition areas, while TMT-specialist Lorenzo Villegas Carrasquilla is also active in the sector.

Practice head(s):


CMS Rodriguez Azuero has a responsive and energetic IP team. Karl Mutter and Lola Kandelaft have a deep knowledge of clients’ businesses and address complicated issues with mastery’.

Lola Kandelaft is a future star. Her international experience makes the difference when addressing legal issues in Colombia. Lola is a key weapon for french-speaking companies with business interests in Colombia. Karl Mutter is an outstanding lawyer with a deep knowledge in life sciences’.

They are very clear in their responses, the service is fast and very good’.

Quality, clarity and short response times’.

Key clients

Inversiones en Recreación Deporte y Salud – Bodytech

CRC Salud Viva

Khiron Colombia

Óptica Alemana E y H Schmidt

Vesalius Pharma

Laboratorios Osa

Licks Attorneys

CMS Cameron Mckenna Nabarro Olswang Konker

Promotora A C R

Cabinet Guiu Jurispatent

Projects Tier 4

CMS Rodríguez-Azuero's multidisciplinary practice handles environmental, urban, public law, anticorruption, corporate and tax matters related to the development of infrastructure projects, as well as issues arising in the day-to day performance of operational contracts. Experienced in public procurement, the group is particularly skilled at project and corporate finance, advising potential investors on projects' precontractual stages.  Heading the five-strong team, Daniel Rodríguez - who also leads the firm's competition and public law areas - is experienced acting as arbitrator in national arbitration controversies related to infrastructure. Senior associate María Lucía Amador is a key team member and also participates in the banking and finance and compliance practice areas.

Practice head(s):

Key clients

Promotora ACR

Centro de Gerenciamiento de Residuos Doña Juana

Real estate Tier 4

CMS Rodríguez-Azuero acts primarily for property development companies operating in the development, retail and leisure spheres. Co-led by managing partner Juan Camilo Rodríguez and Jacques Simhon, the six-strong practice focuses on the structuring of complex private development projects through fiduciary vehicles, and also handles the full range of purchase and sale transactions and commercial leases. Associate director Andrea Zuñiga and associate Daniel Duque, members of both the corporate/M&A and real estate and construction practices of the firm, are also key team members. Since publication the team has been strengthened further with the hire of the highly experienced Carolina Lozano, formerly a vice president at Fidicuiaría Bogtotá, as counsel.


Key clients

Círculo de Viajes Universal

Promotora ACR – Bastion Luxury Beach Club / La Serrezuela / Edificio 593

Labour and employment Tier 5

CMS Rodríguez-Azuero's labour and employment practice received positive feedback soon after formalising the integration of boutique Escobar García Abogados, with clients highlighting 'their extensive knowledge in pension law'. Adriana Escobar, who has experience as an in-house lawyer in pension and financial entities, leads the eight-strong practice that offers comprehensive advice, including representation before authorities. Also brought over from the specialised firm and bringing relevant experience are associate director Juan Carlos González, a litigator handling disputes up to the Supreme Court of Justice, and associate director Iván Jiménez, focusing on human resources and labour and industrial relations activities.

Practice head(s):


They are recommended for their extensive knowledge in pension law. They deliver personalised accompaniment not only to the company, but also to workers or former workers in their pension processes‘.

Adriana Escobar García and associate director Iván Jiménez are always ready to accompany the processes, with unbeatable attention and sense of urgency. Great strategic capacity to analyze cases and prepare practical legal proposals that are easy to implement‘.

Key clients




Sanofi Aventis


Productos Alimenticios el Recreo

Econometría Consultores

Fiduciaria Davivienda

Sociedad Portuaria Puerto Bahía

Beat Colombia

Allied Aviation

Agencia GIZ

Publicis Groupe Company

Andrade Gutierrez Engenharia

Tax Tier 5

CMS Rodríguez-Azuero renders comprehensive advice on all tax issues arising from business activity, offering permanent advice on tax and exchange matters as well as acting in litigation and disputes. Former Frontera Energy in-house lawyer Natalia Guerrero heads the area, which is recommended for its rigorous analysis and understanding of clients' business needs. Recent highlights saw the practice advise Khiron Colombia on the tax planning of its business expansion across Latin America.

Practice head(s):


The knowledge they have of business is what makes it unique, they are very rigorous in the investigation and understanding of what characterizes our business, which makes the advice very assertive. Additionally, it is of great value to us that the accompaniment is always supported by the partner, which shows the relevance they give to our affairs’.

Key clients


Ebsco International


Camara de Comercio Electrónico

Hewlett Packard

Financiera de Desarrollo Nacional

Banco Agrario


Frontera Energy



CGR Doña Juana

Fideicomiso Plaza la Serrezuela

Constructora e Ingeniería Vila

CMS is an integrated, multi-jurisdictional organisation of law firms that offers full-service legal and tax advice, with more than 70 offices in over 40 countries across the world and more than 4,800 lawyers. CMS has a strong presence in Latin America, with offices in Brazil, Chile, Colombia, Mexico and Peru. We are one of the few law firms present in all Pacific Alliance countries.

CMS Rodríguez-Azuero in Colombia is built on deep local roots with almost 40 years of experience advising local and multinational clients. We provide specialized legal advice with high management skills and a strategic approach at the hands of a team of more than 4,800 lawyers who are experts in various areas of practice and have in-depth knowledge of the industries our clients operate in.

The firm offers a unique combination of deep knowledge, practice and expertise in almost all areas of law including: banking and finance, commercial, competition, corporate / M&A, employment and pensions, dispute resolution, public procurement, real estate and construction, tax, compliance, corporate criminal law, intellectual property, technology, media and communications, life sciences and healthcare, insolvency, restructuring and liquidation, customs law and trade, consumer products, funds, hotels and leisure, infrastructure and projects, insurance, private equity, energy and climate change.

All the effort and work of our lawyers is always client-centered, has a business-focused advise in the local market or globally across multiple jurisdictions.

Department Name Email Telephone
Sergio is Founding Partner and head of the Banking & Finance practice and co-leader of the Dispute Resolution area for the Firm. Sergio Rodríguez-Azuero +57 1 321 8910
Juan Camilo is Managing Partner and leads the Corporate / M&A area and co-leads the Real Estate & Construction practice for the Firm. Juan Camilo Rodríguez +57 1 321 8910
Daniel is Partner of the Firm and co-leads the areas of Banking & Finance, Insolvency, Restructuring & Liquidation, Compliance and Corporate Criminal Law and leads the Public Procurement area. Daniel Rodríguez +57 1 321 8910
Jacques is Partner and leads the Corporate Criminal Law practice and co-leads the Real Estate & Construction, Dispute Resolution, and Compliance practices for the Firm. Jacques Simhon +57 1 321 8910
Carolina is Partner and leads the practice of Commercial Law and co-leads the areas of Insolvency, Restructuring & Liquidation and Dispute Resolution. Carolina Arenas +57 1 321 8910
Natalia is Partner and coleads the Tax area of practice for the Firm. Natalia Guerrero +57 1 321 8910
Karl is Partner and leads the Intellectual Property and Life Sciences & Healthcare areas. Karl Mutter +57 1 321 8910
Lorenzo is a Partner for the Firm in the Technology, Media & Communications (TMC) and Competition practices and coheads the Dispute Resolution team. Lorenzo Villegas-Carrasquilla +57 1 321 8910
Adriana is Partner of the Firm and leads the Employment & Pensions practice. Adriana Escobar +57 1 321 8910
Santiago is Partner and leads the Customs Law & Trade practice and co-leads the Tax area for the Firm. Santiago Arbouin +57 1 321 8910
Photo Name Position Profile
Mr Santiago Arbouin  photo Mr Santiago Arbouin Partner
Mrs Carolina Arenas  photo Mrs Carolina Arenas Partner
Mrs Adriana Escobar  photo Mrs Adriana Escobar Partner
Mrs Natalia Guerrero  photo Mrs Natalia Guerrero Partner
Mr Karl Mutter  photo Mr Karl Mutter Partner
 Daniel Rodríguez photo Daniel Rodríguez Partner
 Juan Camilo Rodríguez photo Juan Camilo Rodríguez Managing Partner
Mr Sergio Rodriguez-Azuero photo Mr Sergio Rodriguez-Azuero Founding Partner
Mr Jacques Simhon  photo Mr Jacques Simhon Partner
Mr Lorenzo Villegas-Carrasquilla  photo Mr Lorenzo Villegas-Carrasquilla Partner
Lawyers and paralegals : 50+
Partners : 10
Staff : 20+
All commercial and local languages in countries where CMS operates
AmCham American Chamber of Commerce
ABA (American Bar Association)
IFA (International Fiscal Association)
Union des Fabricants (UNIFAB)
INTA - International Trademark Association