Tauil & Chequer Advogados > São Paulo, Brazil > Firm Profile

Tauil & Chequer Advogados
AV JUSCELINO KUBITSCHEK 1455
5TH, 6TH AND 7TH FLOORS
04543-011 SÃO PAULO, SP
Brazil

Energy and natural resources > Hydrocarbons Tier 1

Housing one of the biggest teams in Brazil dedicated to the oil and gas sector, Tauil & Chequer Advogados is often called upon to provide transactional and regulatory counselling in complex mandates involving the upstream, midstream and downstream segments. The team stands out for its strong track record in high-value M&A, financing deals and project development, where it acts for an array of high-profile industry players, including E&P companies, private equity firms, funds and banks. The firm’s association with international firm Mayer Brown makes it a popular destination for cross-border mandates in all hydrocarbons segments. Department leader Alexandre Chequer is the point of contact for several oil and gas companies in Latin America, Africa and Asia. He splits his time between the Rio de Janeiro and Houston office, and is seen with great regularity handling transactions, regulatory matters and project development of pipelines, refineries, gas-to-power and liquified natural gas (LNG). These are also among Bruno Belchior‘s core areas of activity; he is also noted for his experience in joint ventures, bid processes and regulatory issues involving host government E&P contracts. Victor Galante is particularly seasoned in M&A involving hydrocarbons assets and in project development, while the recently promoted Tiago Macêdo assists energy clients in a variety of regulatory matters, including in relation to Petrobras’s divestment programme. At the associate level, Leandro Duarte Alves is recommended for the negotiation of upstream and downstream contracts. The offshore, ports and maritime law practice was strengthened by the addition of Joyce Jacobsen in November 2021; she joined from Vieira, Rezende, Barbosa e Guerreiro Advogados. Alexandre Calmon is no longer at the firm.

Practice head(s):

Alexandre Chequer

Testimonials

‘It has a very collaborative team, which is concerned with being always very up to date with the technology needed to perform in this field.’

‘Luciana Brando Daltro Sodré and Lívia Seabra Vaccari de Lima have served our company for over a decade, in addition to a team that is added depending on the matter, which under the direction of Victor Galante provide us with an excellent job.’

Key clients

CNOOC

Diatoms

Petro Rio

Karadeniz Group

Petronas

Golar

Eneva

MISC Berhad

Chevron

TAG – Transportadora Associada de Gás

Transocean Offshore International Limited

PECOM

Schlumberger

Ecopetrol

CEPSA

PetroReconcavo

Work highlights

  • Advised Diatoms on the potential acquisition of indirect equity interest in the Landulpho Alves refinery (RLAM) from Petrobras.
  • Assisting Petro Rio in the acquisition of the Albacora and Albacora Leste Fields, and related infrastructure, including FPSOs from Petrobras.
  • Advising Petronas on the 2nd Transfer of Rights Surplus Bid Round, which offered the Atapu and Sépia development areas.

Tax > Customs Tier 1

Brazil > Capital markets Tier 2

Tauil & Chequer Advogados leverages its strong global platform to provide issuers and underwriters with a comprehensive equity and debt capital markets offering. The ‘extremely technical‘ team is praised for its ‘excellent business acumen‘ across a range of sectors, including infrastructure, energy, financial services and food. Carlos Motta leads the versatile practice, which includes highly rated partners such as Rodolfo Constantino De Tella, who is an ‘exceptional professional, with a lot of experience in the area'. Other key individuals include Luis Montes and Bruno Cerqueira, who is particularly experienced in asset-backed securities in the real estate and agribusiness sectors.

Practice head(s):

Carlos Motta

Testimonials

‘Tauil’s partners are people with high technical knowledge and a lot of business practice, which allows them to provide intelligent solutions to our needs with fair fees and often aligned with the success of the business in question.’

‘Bruno Cerqueira and João Bertanha stand out for their creativity, agility, transparency and availability to serve us, combined with fair fees and success.’

‘Speed ​​and excellence are the strengths of the work performed by them. In addition, they are always available to help us when we need them. They are always updated and bring specific solutions to our business.’

‘Rodolfo Tella is an exceptional professional, with a lot of experience in the area in which he works. Always willing to help us, he brings suggestions that improve our day-to-day, optimizing time and money.’

‘The team is extremely technical and has excellent business acumen. Partners are always involved in discussions and always collaborate in discussions (whether simple or complex).’

‘Rodolfo Constantino de Tella is a great business partner. Always available and extremely technical, using his skills to conduct extremely complex negotiations and deals.’

Key clients

BTG Pactual

Sul América

Light

CTEEP – Companhia de Transmissão de Energia Elétrica Paulista

Ecorodovias Infraestrutura e Logística

Locaweb

Edp São Paulo Distribuição de Energia

Farmácia e Drogaria Nissei

TIM

Três Tentos Agroindustrial

CCR

Tereos Sugar & Energy

Iguatemi Empresa de Shopping Centers

Work highlights

  • Represented XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários and UBS Brasil Corretora de Câmbio, Títulos e Valores Mobiliários, as underwriters, on Jalles Machado’s first issuance of R$451m in debentures.
  • Acted as Brazilian counsel to the joint lead managers in connection with Banco BTG Pactual’s $500m 2.750% senior notes offering as part of its $5bn global medium-term note programme.
  • Advised BTG Pactual, Credit Suisse and UBS (as the joint lead managers) in a $250m sustainability-linked bond offering by Banco BTG Pactual.

Brazil > Competition and antitrust Tier 2

The competition and antitrust department at Tauil & Chequer Advogados is highlighted for its ‘great knowledge and expertise‘. The practice is based across Brasília and São Paulo, and the firm’s association with Mayer Brown gives it access to a broad international network and is of benefit in the department’s many multi-jurisdictional cases. As befits its profile, the firm counts major international companies among its clients, including Microsoft, GE and Nestlé. Francisco Todorov, a ‘very senior antitrust lawyer who provides fresh strategic information‘, leads the team from Brasília and handles a range of contentious and non-contentious matters. Other key practitioners include Adriana Giannini, who has in-depth knowledge of the antitrust aspects connected to public bids and distribution networks; Lorena Nisiyama, who specialises in conduct investigations and litigation; and associate Isabella Giorgi.

Practice head(s):

Francisco Todorov

Testimonials

‘Francisco Todorov – His personalised service and business knowledge makes our work much easier and gives us a very important productivity gain.’

‘Very well prepared partners, with great knowledge and expertise.’

‘I’d highlight Francisco Todorov and Adriana Giannini.’

‘The team provides fast and accurate responses to the client, is always available and focused.’

‘Francisco Todorov is a very senior antitrust lawyer who provides fresh strategic information.’

‘Personalised service and flexibility in negotiating fees.’

Key clients

GE

Microsoft

Nestlé

3M

Bunge Alimentos

AT&T

SABIC

Yara

Alelo

Tenneco

Mitsui

Sony Music Entertainment

Locaweb

Biotronik

Work highlights

  • Represented Microsoft in the merger notification of the $7.5bn acquisition of ZeniMax Media, the parent company of Bethesda Softworks.
  • Acted for GE in the merger notification of the acquisition of the sole control of GE Capital Aviation Services and certain of its affiliates by AerCap Holdings, and the ensuing acquisition of a 46% stake in the post-merger entity by GE.
  • Acted for Total Pass, part of the SmartFit group, in an antitrust complaint filed against Gympass.

Brazil > Compliance Tier 2

Extremely experienced and capable‘, the compliance department at Tauil & Chequer Advogadosdemonstrates extensive technical expertise‘. With an international office network, the firm is well placed to handle cross-border matters for its blue-chip clients. It has recently been busy coordinating internal investigations for companies in the technology, sanitation and energy sectors, among others, and is also regularly sought by clients for anti-money laundering training. Luis Inácio Lucena Adams, who brings his former experience as Attorney General to the practice, jointly leads the department alongside Michel Sancovski, a director of IBRADEMP, who has vast experience in investigations and interactions with Brazilian and US authorities. Tax and customs compliance are areas of specialism for Maria Eugenia Kanazawa; Liliana Mascarenhas Coutinho, who is also admitted in New York, has knowledge of cross-border compliance and anti-corruption matters; and Luiz Santiago is well versed in criminal enforcement actions. Marcelo Ramos Leite is also noted.

Practice head(s):

Luís Inácio Lucena Adams; Michel Sancovski

Testimonials

‘The Tauil & Chequer team associated with Mayer Brown demonstrates extensive technical expertise in the issues involved. I also highlight the ability to manage expectations demonstrated by the lead partner of the work, Michel Sancovski, who always communicates and aligns expectations in a very clear way, both within the work team and with the client. Out of all the firms I’ve worked with, TCMB is definitely my favourite, working with them is always very easy, the rules of the game are very clear and the communication very efficient.’

‘Michel Sancovski, Maria Eugenia Kanazawa and Marcelo Ramos Leite stand out.’

‘In my opinion, it is one of the best compliance teams in Brazil, in particular because of the leadership of Michel Sankovski. The team is extremely experienced and capable. It managed to achieve unique results, signing complex agreements with authorities that would hardly have happened if it were not for the mastery of the team led by Michel Sankovski.’

‘Michel Sancovski is one of the best compliance lawyers in the country. Extensive experience in the most complex transnational anti-corruption cases. He is an elite anti-corruption law professional with unique knowledge and experience.’

‘This is a well-known international law firm with strong activity in Brazil. Their main asset is Michel Sancovsky who has unique experience in complex cases in Brazil both regarding local and international contingencies and enforcement authorities.’

‘Michel Sancovski has the knowledge and calmness of a seasoned attorney while still being comparatively young. This allows him to understand and manage the most sophisticated cases.’

Key clients

Karoon Petróleo e Gás

Vantage Drilling International

Companhia Paranaense de Energia – COPEL

Wells Fargo Bank

Primav Construções e Comércio

Banco BTG Pactual

Companhia de Saneamento do Paraná – SANEPAR

Work highlights

  • Conducted a large independent internal investigation into allegations involving members of management, employees and former employees of Sanepar.
  • Conducted anti-money laundering and combating the financing of terrorism training for Banco BTG Pactual as part of the bank’s annual AML/CFT training requirements both on the Brazilian and the US perspectives.

Brazil > Corporate and M&A Tier 2

The multidisciplinary team at Tauil & Chequer Advogados is a solid performer in transactional, regulatory and contentious matters. Brazilian and international corporations, financial institutions, buyout firms, private equity funds, investors and pension funds routinely seek the team’s assistance in the context of mergers, acquisitions, joint ventures, consolidations, spin-offs and corporate restructurings. Oil and gas-related deals are a cornerstone of the department, whose sectoral coverage also extends to chemicals, agriculture, technology, education, retail, real estate and retail. Benefitting from its association with Mayer Brown, the firm offers a global risk management tool to clients, which can easily build a picture of their risk landscape and consider mitigation strategies in the context of transactions. Its pro bono commitment is also of note; it has recently worked on a pro bono basis with the Vance Center for International Justice, the CEFIS (Centre for Philanthropy and Social Inversions of the Adolfo Ibáñez University in Chile), the Ellen MacArthurFoundation in circular economy projects, the AAME (Association of Friends of Spinal Muscular Atrophy) and Mundo Gentileza, an organisation that provides educational support to public school students across the country. Alexandre Chequer is seasoned in M&A and joint ventures involving oil and gas players. He oversees the practice with Carlos Motta, whose experience includes cross-border transactions, private equity and venture capital, and Victor Galante, another name to note for deals in the oil and gas, energy and natural resources segments. Bruno Salzano is proficient in inbound and outbound investments, cross-border M&A and corporate restructuring. Since publication, the firm has hiredOlavo Bentes David (formerly the legal head of state-owned entity Pré-Sal Petróleo – PPSA) as a counsel, effective as of October 2022.

Practice head(s):

Alexandre Chequer; Carlos Motta; Victor Galante

Work highlights

  • Assisting CNOOC Petroleum do Brasil in the acquisition of an additional 5% participating interest in Buzios.
  • Advised Alpargatas on its $475m Series B investment in Rothy’s.
  • Helped an energy infrastructure fund of Brazil’s Vinci Partners to launch a R$266m stalking horse bid to buy power assets from Renova Energia.

Energy and natural resources > Electricity (and renewable energy)

Full-service firm Tauil & Chequer Advogados fields a sizeable energy group, which brings together considerable experience in guiding clients through the full life-cycle of a power project. The team is regularly engaged in the financing, construction and operation of all classes of transmission, distribution and generating assets and projects. Power traders, service providers and large consumers also instruct the practice in transactional work and contentious matters. A strong oil and gas bench makes the firm a go-to destination for thermoelectric projects. Furthermore, its recent work highlights demonstrate the team’s ability to handle high-value buy- and sell-side M&A throughout the value chain, privatisations of renewable and conventional power generation and transmission assets, and self-production projects. Focused on the power, gas and, more recently, hydrogen sectors, Débora Yanasse ‘is agile, business-oriented and knows the energy market well'. She co-heads the team, and leads advice on regulatory, contractual and corporate matters related to the sector. Bruno Salzano ‘is recommended for M&A transactions and corporate matters', while Bruno Werneck specialises in the development and financing of energy projects. Other practitioners to note include Eduardo Lima and Julia Batistella Machado, the latter of whom joined the team in November 2021 and reinforced the team’s transactional capabilities in the power space.

Practice head(s):

Débora Yanasse; Bruno Werneck; Bruno Salzano; Eduardo Lima

Testimonials

‘The energy team is excellent. In particular, Débora Yanasse is agile, business oriented and knows the energy market well. We had highly complex projects and their technical support was fundamental for the delivery of these deals.’

‘The firm possesses great professionals in M&A and tax issues pertaining to the power sector. Extensive experience and ability to meet clients’ needs and any level of complexity.’

‘Débora Yanasse is an admirable professional in the electricity sector. She knows a lot about the market, is very technical and knows how to anticipate client needs. I feel very comfortable having her as a legal advisor on projects of any level of complexity.’

‘Bruno Salzano is recommended for M&A transactions and corporate matters. He has a lot of legal knowledge, a lot of experience and a “pro-deal” attitude. He knows how to anticipate client needs.’

Key clients

ENGIE

Karadeniz

Karpowership

Ceiba Energy

Caisse de Dépôt et placement du Québec – CDPQ

Eneva

Energisa

Dow Chemical

BNDES

Fram Capital

New Fortress Energy

Atlas Renewable Energy

Vinci Partner

BP

Acciona Energía

Scatec

CER Energia

Rio Energy

GE Financial Services

Equinor

Isa CTEEP

Starkraft Energias Renováveis

PowerTree

EDP – Energias do Brasil

EDF Norte Fluminense

Storengy

Soliker

Mercury Renew

Canadian Solar

Nebras Power

Elera Renováveis

Ibitu Energias Renováveis

TYR Energia

AEGEA

Usiminas

Work highlights

  • Advised BNDES in structuring the privatisation of Eletrobras.
  • Assisted Karadeniz Group in all legal aspects for its participation in the 2021 Simplified Reserve Energy Auction.
  • Advised Dow Chemical on the structuring and implementation of a self-production power project.

Brazil > Environment Tier 2

Tauil & Chequer Advogados fields a standalone practice focused on environmental and climate change matters, which is prepared to handle administrative and judicial proceedings, transactional work and compliance issues. The broad service offering also includes environmental licensing, waste management, contaminated areas as well as biodiversity, energy transition and ESG issues. The team has seen recent growth with several new clients in the power, chemical, agribusiness, mining, and oil and gas sectors. Splitting his time between São Paulo and Rio de Janeiro, Luiz Gustavo Bezerra has represented several domestic and multinational clients in environmental disputes and negotiations with governmental authorities and public prosecutors. His other areas of expertise include corporate environmental and social responsibility, crisis management, waste and water laws. Gedham Gomes is active in class actions and administrative proceedings, and also advises on compliance, permitting and risk assessment. Both practitioners ‘stand out for their proactive attitude, knowledge and professionalism'.

Practice head(s):

Luiz Gustavo Bezerra

Testimonials

‘Differentiated knowledge and service.’

‘Luiz Gustavo Bezerra and Gedham Medeiros stand out for their proactive attitude, knowledge and professionalism.’

Key clients

Furnas

Acelen (Mubadala)

Porto Sudeste

Carbonext

Norte Energia

3R Petroleum

MLOG

Hydro

BP Castrol

Líder Aviação

OSX

Light

Baker Hughes

Work highlights

  • Representing Furnas Centrais Elétricas against an environmental civil class action, a lawsuit filed by the Municipality of Capitólio, and an infraction notice issued by the Minas Gerais State Environmental Agency.
  • Represents Hydro and its subsidiaries in a climate litigation public civil action seeking the transition of its energy mix from fuel oil to LNG.
  • Assists Carbonext in structuring what is expected to be the largest blue carbon project in the world.

Brazil > Public law Tier 2

At Tauil & Chequer Advogados, the public law and regulatory team is particularly seasoned in the modelling of projects with the public sector and in representing clients before public entities. Demonstrating notable strength in interactions between private companies and the public administration, the team is adept in concessions, PPP agreements, bidding processes and the execution of public contracts. Project development, PPP structures and concessions are key specialisms for Bruno Werneck. He manages the public law department, where senior associate Juliana Deguirmendjian is a name to note for public consultations and bidding procedures of infrastructure projects across the water and sewage, public lighting, transport and energy segments. Julio Barboza is regularly instructed by clients in judicial and administrative proceedings involving regulated sectors and public contracts.

Practice head(s):

Bruno Werneck

Key clients

Aegea Saneamento e Participações

Enel X

Bahia Mineração

Vinci Airports

Patria Investimentos

Conasa Infraestrutura

Banco Nacional de Desenvolvimento Econômico e Social – BNDES

Generate Capital INC

CRCC International Investment Group Limited

Águas do Rio

Fundação Ezute

Companhia de Saneamento Básico do Estado de São Paulo – SABESP

Louis Dreyfus Company Brasil

Monte Equity Partners

Work highlights

  • Asisted AEGEA in the bidding procedure of water and sewage services involving municipalities of the state of Rio de Janeiro.
  • Assisted the Programa das Nações Unidas para o Desenvolvimento – PNUD in the preparation of national regulations regarding the tariff review for water and sewage services.
  • Advising BNDES on the structuring of the privatisation of Eletrobras.

Brazil > Real estate Tier 2

Tauil & Chequer Advogados is a ‘firm with excellent service and great technical capacity, always seeking to solve problems and highly focused on business‘. The ‘extremely creative‘ team is praised for its ‘very rapid response times‘ and ability to leverage off ‘the resources of a global firm, promoting the collaboration of resources and ideas employed in other jurisdictions‘. Its association with Mayer Brown ensures a strong flow of work from foreign investors and developers, often through the creation of special purpose companies and joint ventures. In addition to urban retail, hotels, industrial and mixed-use developments, the team also has a strong grounding in the agribusiness and forestry sectors. ‘Exceptional‘ practice head José Paulo Marzagão has over 20 years of experience in the full range of transactional matters. Ludmila Arruda Braga is ‘extremely attentive, responsive and creative in the solutions she proposes‘.

Practice head(s):

José Paulo Marzagão

Testimonials

‘A firm with excellent service and with great technical capacity, always seeking to solve problems and highly focused on business.’

‘Tauil & Chequer Mayer Brown is our firm of choice for complex deals that require creative solutions in under-explored markets. The real estate team is extremely creative, with a pro-business mindset, highly responsive and with the advantage of being able to articulate the resources of a global firm, promoting the collaboration of resources and ideas employed in other jurisdictions. The quality of the people is also very remarkable.’

‘José Paulo Marzagão and Ludmila Braga are exceptional in the practice of real estate. Ludmila, in particular, is extremely attentive, responsive and creative in the solutions she proposes, always aiming at solutions that meet the needs of the business, without creating unnecessary obstacles.’

‘Excellent team led by Jose Paulo Marzagao, with a very rapid response time and always a commercial business appropriate eye to ensure real issues are correctly and definitively addressed and unnecessary discussions are avoided.’

‘What makes the firm unique is certainly the technical staff, made up not only of partners, but also associates and even interns.’

‘I would like to highlight the excellent work carried out by lawyer Ludmila Braga. Throughout the process, she demonstrated remarkable knowledge in the disciplines of Real Estate and Capital Markets, clear and assertive communication, willingness and availability, in addition to commendable ability in interpersonal relationships, both with the client and with others.’

‘Tauil & Chequer has great knowledge about the sector in which we operate, our portfolio and attitude towards the market. The real estate team was essential for us to be able to implement innovative solutions, quickly. They work tirelessly until they achieve the result desired by the client and, sometimes, going beyond.’

‘Ludmila Braga is a professional with full knowledge of the profile of our company, in addition to having absolute mastery of the topics she leads. Her determination and sense of urgency bring very positive results.’

Key clients

Tishman Speyer Properties

CPP Investments (CPPIB)

VBI

Cyrela Commercial Properties

CTF São Paulo

M3 Capital Partners/Evergreen

Kinea

GIC

Radar Propriedades Agrícolas

Carrefour

Brookfield Participações

Autonomy Investimentos

Patria Investimentos

SPX

Exeter Property Group

YARA

Greystar

Iguatemi Empresas de Shopping Center

Varicred

Mogno Capital

American Tower

Basílica Private Equity

WeWork

Planta Inc.

Work highlights

  • Assisted VBI Real Estate, as manager of the Real Estate Investment Fund FII VBI Logistico, on the structuring of a joint venture for the acquisition and development of a logistic condominium in Aratu.
  • Assisted VBI Real Estate Gestão de Carteiras, as manager of the Real Estate Investment Fund VBI Prime Properties, on the acquisition of a 20% stake in a commercial tower located in the WTorre JK Real Estate Complex.
  • Advised Tishman Speyer Properties in the formation of a joint venture with REUD for a multimillion-dollar development of a real estate complex condominium.

Tax > Tax advisory Tier 2

Tauil & Chequer Advogados enjoys an extremely good reputation for domestic and international tax advice, offering ‘good client service and technical knowledge‘. The firm covers all sectors and its strong connections to the oil and gas industry make it a top destination for customs and other related contentious and non-contentious matters. This includes litigation support at the municipal, state and federal levels, as well as M&A, capital markets, corporate restructurings and international trade. Tax has long been a key focus for founder and practice head Ivan Tauil, whose team includes Guido Vinci for transactional and VAT matters and Eduardo Maccari Telles for litigation. Younger partners making a name in the area of tax law include Carolina Bottino for her ‘eminence, objectivity and dynamism‘. Former partner Thais Rodrigues left the firm.

Practice head(s):

Ivan Tauil; Guido Vinci; Eduardo Telles

Testimonials

‘Good client service and technical knowledge.’

‘Carolina Bottino stands out for her eminence, objectivity and dynamism.’

‘Excellent market knowledge. Able to offer complete package of services.’

‘Guido Vinci has an excellent reputation in the market and is proactive at making clients aware of potential law changes which could affect them. Excellent client service.’

Key clients

Onesubsea

Schlumberger

Ricoh

Total E&P

Modec

Brasdril

Indústrias Artefama

Newpark

TIM Brasil

Noble Drilling

Telesat

Midea Carrier

Masterfoods

Abbott

Work highlights

  • Advised Telesat on an annulment action to challenge tax assessments issued by the state of Rio de Janeiro concerning ICMS and FECP taxes.
  • Advised AEGEA Saneamento e Participações on an investment agreement with Projeto Lake concerning a minority stake in Prolagos, a subsidiary of AEGEA.
  • Advised TIM in a debt cancellation claim linked to ICMS taxes demanded by the state of São Paulo.

Brazil > Banking and finance Tier 3

Tauil & Chequer Advogados has a good track record for cross-border financings, and its association with Mayer Brown gives it the ability to ‘meet demands that involve different laws'. In addition to major financings, the firm is also active in the fintech and payments space. Clients appreciate the team’s ‘high-quality and timely‘ service and ‘very well-balanced sense of priorities'. Versatile practice head Eduardo Lima has strong credentials for assisting sponsors, lenders and government agencies in project financings. Luis Montes is ‘very complete, not only technically speaking but also with respect to interactions in general‘. Priscilla Santos is particularly experienced in regulatory matters.

Practice head(s):

Eduardo Lima

Testimonials

‘Rendering of services in a high-quality and timely manner, always bearing in mind the specifics and dynamics of certain transactions and with a very well balanced sense of priorities and urgencies.’

‘Luis Montes – in my opninion, he is one of the best attorneys in Brazil. Luis is very complete, not only technically speaking but also with respect to interactions in general (meetings, negotiations, etc.).’

‘Because they have international offices, they are able to meet demands that involve different laws.’

‘I recommend the work of partners Priscilla Santos and Eduardo Lima.’

Key clients

Banco Santander (Brasil)

Banco Bradesco

Banco BTG Pactual

Banco Itau BBA

Bank of China

Deutsche Bank

Goldman Sachs do Brasil Banco Múltiplo

Wells Fargo

Yapay Pagamentos Online

Hub Fintech Gestão De Sistemas

Work highlights

  • Advised Goldman Sachs on a R$400m investment in a credit right investment fund (FIDC) established by Goldman Sachs together with one of Mercado Livre’s entities in Brazil.
  • Assisted Rabobank, Credit Agricole, Société Générale, BNP Paribas, Natixis, ING and ABN AMRO as lenders in the restructuring of several existing syndicated loans granted to the Biosev Group.
  • Advised Banco Santander (Brasil) in a $150m subscription line financing for the invested entities of Vinci Capital Partners Fund III.

City focus - Brasilia > Litigation Tier 3

Tauil & Chequer Advogados is well known for its strong track record in appellate litigation, as well as in high-profile disputes before regulatory agencies. The group is especially sought after to assist with commercial and corporate disputes in an array of sectors, including banking and finance, mining, construction and technology. Its association with Mayer Brown also means the group is equipped to deal with cross-border cases. The practice is jointly led by Mauro Pedroso Gonçalves, who has extensive experience in administrative proceedings, and Luis Inácio Lucena Adams, whose expertise spans litigation, arbitration and compliance matters.

Practice head(s):

Mauro Pedroso Gonçalves; Luis Inácio Lucena Adams

Key clients

Confederação Nacional das Indústrias (CNI)

Confederação Nacional das Empresas de Seguros Gerais, Previdência Privada e Vida, Saúde Suplementar e Capitalização (CNSeg)

Coca-Cola

Sindicato Nacional das Empresas de Telefonia e de Serviços  Móvel Celular e Pessoal (Sinditelebrasil)

Indra Brasil Soluções e Serviços Tecnológicos (Indra)

COFCO International

Açúcar e Álcool Oswaldo Ribeiro de Mendonça (Usina Colorado)

Eletronorte (Amazonas Geração e Transmissão de Energia)

Magazine Luiza

Cristália Produtos Químicos Farmacêuticos

Brazil > Projects and infrastructure Tier 3

With significant experience in all stages of the life cycle of major infrastructure projects in Brazil, Tauil & Chequer Advogados is adept in project finance, construction, operation and dispute resolution. Its alliance with Mayer Brown makes it a go-to destination for cross-border corporate and finance transactions involving other Latin American jurisdictions and Portuguese-speaking countries in Africa, but the practice is perhaps best known for its involvement in large-scale infrastructure projects across the roads, rail, ports, oil and gas, and renewable energy sectors. Project finance, including debt restructuring and infrastructure debentures, are among Eduardo Lima's core areas of activity. Bruno Werneck leads on public concessions and PPP-related work, while Alexandre Chequer focuses on oil and gas projects. Senior associate Juliana Deguirmendjian has assisted numerous clients in the structuring of infrastructure developments, bidding procedures and public contracts in the sanitation, public lighting, transport and power sectors.

Practice head(s):

Alexandre Chequer; Eduardo Lima; Bruno Werneck

Key clients

Aegea Saneamento e Participações

Enel X

Bahia Mineração

Vinci Airports

Patria Investimentos

Conasa Infraestrutura

Banco Nacional de Desenvolvimento Econômico e Social – BNDES

Generate Capital

CRCC International Investment Group

Águas do Rio

Fundação Ezute

Companhia de Saneamento Básico do Estado de São Paulo – SABESP

Louis Dreyfus Company Brasil

Monte Equity Partners

Work highlights

  • Advised AEGEA in the bidding procedure of water and sewage services involving municipalities of the state of Rio de Janeiro.
  • Advising BNDES on the structuring of the privatisation of Eletrobras.
  • Assisting BNDES with the PPP for the provision of public lighting services to the municipality of Caruaru/PE.

Tax > Tax litigation Tier 3

Brazil > Dispute Resolution: Arbitration Tier 4

Based across São Paulo and Rio de Janeiro, Tauil & Chequer Advogados‘ arbitration team is comprised of seasoned lawyers with extensive experience in domestic and cross-border cases, with a special emphasis on energy, construction, mining and corporate disputes. The practice is particularly well versed in arbitration arising from construction and engineering projects, as well as concession contracts in the oil and gas segment. Gustavo Fernandes De Andrade has over two decades of experience serving as counsel and arbitrator in proceedings under the rules of leading arbitration institutions around the world. Fabio Peixinho Gomes Correa, whose experience also includes mediation, joined from Huck, Otranto, Camargo Advogados in April 2021. Gustavo Scheffer Da Silveira is singled out for his track record in international proceedings. Associate Rodrigo Nikobin is also noted for corporate and commercial arbitrations at the domestic and international levels.

Practice head(s):

Gustavo de Andrade Fernandes; Fabio Peixinho Gomes Correa; Gustavo Scheffer da Silveira

Key clients

Barra Energia do Brasil Petróleo e Gás

General Electric do Brasil

Canadian Solar

Nebras Power Latin America

Cobra BrasilServiços, Comunicações e Energia

Techint Engenharia e Construção

Arcelor Mittal Brasil

Alstom Brasil Energia e Transporte

Ternium do Brasil

Cantor Fitzgerald

BW Offshore do Brasil

Andritz Hydro

Usiminas Siderúrgicas De Minas Gerais

CPFL Energias Renováveis

Publicis Groupe Holdings

Consortium Efacec Engenharia e Sistemas / Hitachi Rail STS USA

CELSE – Centrais Eletricas De Sergipe

Vanguard Group

Lindel Pte Ltd

Keppel Fels Brasil

PetroRio Jaguar Petróleo

INVEPAR – Investimentos e Participações em Infra-Estrutura

CM Capital Markets Distribuidora de Títulos e Valores Mobiliários

Work highlights

  • Represents Barra Energia do Brasil Petróleo e Gás in an ICC arbitration arising from a concession agreement.
  • Acts for the EFACEC/HITACHI consortium in an ICC arbitration seated in São Paulo commenced against the State of São Paulo and the São Paulo State Company of Metropolitan Railways.
  • Represents Ambiental Serra Concessionária de Saneamento in a CAM-CCBC arbitration filed against Companhia Espírito Santense de Saneamento – CESAN.

Brazil > Labour and employment Tier 4

The ‘fast, competent‘ team at Tauil & Chequer Advogados is commended for its ‘ability to find unique and innovative solutions’. This strength applies as much to high-profile labour disputes in the Supreme Federal Court as it does to the team’s advice on day-to-day issues and non-contentious strategic issues, including compensation schemes and negotiations with unions. The young team is led by Aline Fidelis , who is ‘undoubtedly an out-of-the-box partner in every way‘ and ‘gets down to business, works, responds quickly and has a well-formed team to accompany our needs‘. Associates Isabela do Val  and Valentina Eluf  are ‘two new stars‘.

Practice head(s):

Aline Fidelis

Testimonials

‘What distinguishes the Tauil & Chequer labour team associated with Mayer Brown is the ability to find unique and innovative solutions. In addition, the team is diverse in terms of professionals which allows us to notice that the different points of view are used for the team to find these innovative solutions in the day-to-day of the legal services that provide us so much in strategic litigation, as well as in advisory and negotiations with unions. Aline and her team are really excellent and in the loop in terms of finding legal solutions.’

‘Aline Fidelis is undoubtedly an out-of-the-box partner. Smart, practical, hard worker, always available to serve us efficiently. We noticed how she is always ahead in technical matters, which shows that she is always studying all topics related to labour law in Brazil. In addition, she has formed an excellent team, which grows every year. We see new members assisting us and all of them with excellent technical quality. Even though the team is uniform in terms of service excellence, I understand that the associates Isabela do Val and Valentina Eluf stand out. Aline Fidelis is a consolidated star and, in my opinion, she is forming two new stars for the next generations.’

‘Fast, competent team, with a negotiating and technical bias, which is rare in the market.’

‘Aline Fidélis: partner who gets down to business, works, responds quickly and has a well-formed team to accompany our needs.’

‘The firm, in its labour area, provides a service with attention and always with agility.’

Key clients

Banco Original

Banco Genial

Austral

Petronas

CNOOC

Arco Educação

CM Capital Markets

APR Energy

Vantage

Agrícola Xingu

NC Group

HUB Pagamentos

Enterprise Singapore

Cladtek

Cainiao Smart Logistics Network (Alibaba Group)

Work highlights

  • Advising Banco Original in over 200 lawsuits related to the bank’s employment relationship with “agentes digitais”.
  • Advising Banco Genial on the restructuring of its human resources practices, as well as all day-to-day labour matters.
  • Advising Austral Holding on day-to-day employment matters and the reformulation of its profit-sharing plan.

Brazil > Restructuring and insolvency Tier 4

The ‘very attentive’ team at Tauil & Chequer Advogados is a solid choice for creditors and debtors in cross-border restructurings and insolvency procedures and is also regularly instructed by distressed debt investors. The team is now led by Liv Machado Fallet - who joined from TozziniFreire Advogados in July 2022 and succeeded Fabio Peixinho in the leadership seat - following the departure of Luciana Celidonio. Banking partners Eduardo Lima and Luis Montes (who is highlighted as ‘creative, pro-business’) are also well regarded in this area.

Practice head(s):

Liv Machado Fallet

Testimonials

‘Very attentive and able to satisfy the client’s questions. My case was very complex, and yet the firm did its job properly.’

‘Flexibility in commercial structures, and a feeling of ownership by the lawyers, maintaining the quality of service in all areas.’

‘Luis Montes – creative, pro-business, simple and direct communication.’

Key clients

The Bank Of New York Mellon

Deutsche Bank London Branch

Basf

Banco Bradesco

Bunge Alimentos

Deloitte Touche Tohmatsu Consultores

Cargill Group

China Construction Bank Brasil Banco Múltiplo

Ferrari Agrícola

GE Power Conversion

Work highlights

  • Advising ABN Amro Bank, Cooperatieve Rabobank, ING Bank, Crédit Agricole, Natixis and Société Générale in Biosev’s $1bn debt restructuring.
  • Assisting Bunge in the R$500m acquisition of two of Imcopa’s facilities in connection with the company’s judicial reorganisation proceeding.
  • Representing the The Bank of New York Mellon as a bond trustee in the judicial reorganisation of the U.S.J Group, a major sugar producer.

Brazil > Dispute Resolution: Litigation Tier 5

At Tauil & Chequer Advogados, the dispute resolution practice is skilled in managing multi-jurisdictional disputes across a variety of industries, with a particular focus on cases involving the oil and gas, energy, engineering and construction segments. Recent highlights include significant victories in proceedings before the Superior Court of Justice, and in administrative improbity actions. With over twenty years of experience in dispute resolution, Gustavo Fernandes co-heads the department with Fabio Peixinho Gomes Correa, a recent hire from Huck, Otranto, Camargo Advogados, whose expertise covers bankruptcy and banking litigation. Mauro Pedroso Gonçalves is seasoned in briefing and arguing cases before the high courts, especially those involving banking, real estate and technology-related disputes. João Cople is another key contact for administrative and civil litigation.

Practice head(s):

Gustavo Fernandes; Fabio Peixinho Gomes Correa

Testimonials

‘Personalised client service, excellent expertise in matters of different natures, assertiveness in indicating steps to take in complex cases.’

Key clients

Indra Brasil Soluções e Serviços Tecnológicos

BNY Mellon Serviços Financeiros DTVM

Petronas Petróleo Brasil

Vantage Drilling International

Eneva

Paragon Offshore

Sinopec Petroleum do Brasil

Telefônica Brasil

Fundo de Investimento Imobiliário – VBI Logístico

Confederação Nacional da Indústria (CNI)

Cobra Brasil Serviços de Comunicações e Energia

Hub Pagamentos

Amazonas Geração e Transmissão de Energia

Confederação Nacional das Empresas de Seguros Gerais, Previdência Privada e Vida, Saúde Suplementar e Capitalização – CNSEG

PetroRio

Grid Solutions Transmissão de Energia

Work highlights

  • Acts for Cobra Brasil, Serviços de Comunicações e Energia in a judicial dispute against Petróleo Brasileiro before the Court of Macaé, state of Rio de Janeiro.
  • Represents Indra in administrative proceedings which involve a sanction preventing the clients from entering into any contract or bid with the public administration at the federal level.
  • Engaged by VBI, a real estate investment fund of BTG Pactual, to represent it in a lawsuit filed by TAIFF – Proart Distribuidora de Produtos de Beleza before the Courts of Extrema, Minas Gerais.

Brazil > Transport: Shipping

Tauil & Chequer Advogados significantly boosted its shipping credentials with the recruitment of highly rated partner Joyce Jacobsen from Vieira, Rezende, Barbosa e Guerreiro Advogados.

Latin America: International firms > Capital markets

Mayer Brown’s major investment in the Latin America market continues to deliver rewards. Its presence in Mexico and Brazil, the latter through Tauil & Chequer Advogados, has given it access to the region’s most dynamic capital markets, additionally ensuring it involvement in the further uptick in Brazil IPOs and follow-on offerings. The practice remains noted for energy and infrastructure bonds, high-yield and investment grade bonds, private placements, liability management and structured financings. The Latin America team is also active in SEC reporting for businesses in the region. The firm’s excellent connections to investment banks consistently puts it in the frame for major engagements and it is continually building its issuer client base. Douglas Doetsch is head of the Latin America practice and a leader in securitisations, especially future cash flow securitisations. Juan Pablo Moreno previously practised in Colombia and is admitted in New York and Illinois; he is active in bank financings and capital markets transactions in the region, particularly in Brazil. New York partner David Bakst also has a long track record in Latin America capital markets offerings. Washington DC and New York partner Christopher Erckert is at the forefront of project bonds and private placements. Carlos Motta provides on the ground Brazil expertise in Tauil & Chequer Advogados' Sao Paulo office; while the November-2021 arrival of Jonathan Pacheco (from Simpson Thacher & Bartlett LLP), as a partner in Washington DC further reinforces the group, particularly in relation to Brazil offerings.

Practice head(s):

Douglas Doetsch

Key clients

Banco Santander

Bank of Nova Scotia

BNP Paribas

Bradesco

Credijusto

Credit Suisse

Global Bank

Goldman Sachs

JP Morgan Chase

Wells Fargo

Work highlights

  • Represented Jefferies Group, BCP Securities and Credit Suisse Securities (USA), as initial purchasers of a $500m issuance by Mexico Remittances Funding Fiduciary Estate of series 2021-1 fixed-rate notes secured by a remittances from Nueva Elektra del Milenio’s money transfer business.
  • Represented Locaweb in a $511m follow-on offering on the B3 stock exchange.
  • Advised EcoRodovias on a $343m follow-on offering.

Latin America: International firms > Corporate and M&A

Mayer Brown‘s Latin America M&A practice is primarily driven by energy transactions, especially in the oil and gas segment. Through Tauil & Chequer Advogados, its associated firm in Brazil, the firm has landed a series of headline deals in oil and gas, including those linked to Petrobras’s divestment programme. It advised Caisse de dépôt et placement du Québec (CPDQ) on its acquisition, alongside Engie, of the remaining 10% stake in Transportadora Associada de Gás (TAG) from Petrobras; with the original acquisition of the 90% stake, this involved a total investment of more than BRL34.5bn – the largest M&A transaction in Brazilian history. The Latin America team has also advised on a number of LNG-to-power and gas-to-power M&A transactions, and continues to be involved in renewable energy deals in Chile. Houston partners Pablo Ferrante and Jose Valera have a huge amount of experience in energy M&A; in Brazil, Carlos Motta is a key name in Sao Paulo as is Alexandre Chequer in Rio de Janeiro; and in Mexico City, Raúl Fernández-Briseño is the key transactional contact. Vera De Gyarfas moved in-house in July 2021.

Practice head(s):

Pablo Ferrante; Jose Valera

Testimonials

They have a very strong Latam practice. I was able to witness how they can successfully bridge cultural and legal differences. They can easily interact with US law firms, as well as local Latam law firms and Latam-based clients.

To usual legal proficiency of top US firms, Mayer Brown adds great local knowledge for Latam deals as well as being a very effective interphase among all parties and advisors in the transactions.

Key clients

Accenture

Aegea Saneamento

Caisse de dépôt et placement du Québec (CDPQ)

Ceiba Energy

Covalto

Locaweb

Sforza Group

TS Infraestrutura e Engenharia

Warner Media

Vista Oil and Gas

Work highlights

  • Represented Warner Media in the sale of Red de Televisión Chilevisión to ViacomCBS Networks International.
  • Represented Caisse de dépôt et placement du Québec (CPDQ) in the acquisition (in conjunction with Engie) of the remaining 10%-stake in Transportadora Associada de Gás from Petrobras.
  • Represented Covalto in the acquisition of 100% of the membership interests in Fortius Intermediate Holdings.

United States > Finance > Capital markets: equity offerings

Mayer Brown has significantly expanded its capital markets team in recent years, most recently with the hire of David Freed, a specialist in equity and debt offerings by REITs, from Vinson & Elkins LLP. Additionally, the firm brought in Jonathan Pacheco as a partner in Washington DC from Simpson Thacher & Bartlett LLP and promoted John Ablan to the partnership. Launching a new Salt Lake City office in 2022, the firm has added further capital markets expertise in the tech, life sciences, and fintech and insurtech sectors. In 2021, the firm advised on a series of private placements, including deals that led to the issuer achieving unicorn status. In addition, the New York team, especially partner David Bakst, have worked intensively on a series of US offerings by Brazilian issuers; it has a strong association with Brazil firm Tauil & Chequer Advogados. Israel is another key market for the US team. Anna Pinedo, Chicago partner Edward Best and Phyllis Korff are senior members of the department.

Practice head(s):

Edward Best; Anna Pinedo

Other key lawyers:

Testimonials

‘Other than best professional capabilities, Anna Pinedo and her team have great people skills. It is very pleasant to work with them. In addition, their availability and responsiveness are everything a client can ask for.’

‘Anna Pinedo and Brian Hirshberg who assisted her stood out as extremely professional, pleasant, and available individuals; both are deal-makers that any client would want on their side.’

‘As the CFO of S&P 500 public companies in the insurance industry, I have been privileged to work with the best and brightest firms in capital markets. Mayer Brown is at the pinnacle of the practice.’

‘The key is always the people. They are first rate in their command and practice of the law. But the differentiator is that they approach challenges and offer advice and guidance as business people, in addition to our counsel. They are on top of the latest structures, approaches and strategies. They know virtually all of the main players and understand the psychology of the deal as well as its facts and circumstances. They have deep domain expertise and experience. They understand the urgency of matters and put the resources to work to give us a competitive advantage.’

‘Mayer Brown’s extensive experience in capital markets transactions, including equity capital markets transactions, lends itself well to providing excellent advice and assistance to financial institutions in navigating securities and corporate law issues, as well as regulatory and compliance matters, relating to these transactions.’

‘Anna Pinedo, in particular, has the experience and demeanor necessary to be a stand-out legal advisor to large, global financial institutions.’

 

Key clients

Adaptimmune Therapeutics plc

American Finance Trust (Designated Underwriters’ Counsel)

BMO Capital Markets

BofA Securities, Inc.

Capital One Financial Corporation (Designated Underwriters’ Counsel)

Citigroup Global Markets

Discover Financial Services (Designated Underwriters’ Counsel)

Dynex Capital

J.P. Morgan Securities

Lavvi Empreendimentos Imobiliarios S.A.

Lument Finance Trust

Mereo BioPharma Group

Morgan Stanley

Outbrain Inc.

Pagaya Technologies Ltd.

Piper Sandler & Co.

Protalix BioTherapeutics, Inc.

TC Energy Corporation

US Bancorp

Wells Fargo Securities

Work highlights

    Tauil & Chequer Advogados in association with Mayer Brown is a full-service Brazilian law firm that draws on its in-depth local knowledge and a leading global platform to advise organizations with multijurisdictional operations. Operating in association with Mayer Brown since 2009, the firm – which has over 160 lawyers based in Rio de Janeiro, São Paulo, Espírito Santo and Brasília – offers clients a complete range of legal services and stands out for its distinguished track record and long-standing presence in the energy, capital markets, corporate and M&A, infrastructure, finance, real estate sectors and tax, among others.

    Our diverse teams of lawyers are recognised by our clients as strategic partners with strong commercial instincts who anticipate challenges and deliver innovative legal solutions. From simple everyday transactions to extremely complex and sophisticated deals, the firm provides counsel to clients, hailing from all major sectors of the economy, with an unparalleled level of excellence in the legal market.

    The firm also has a wealth of experience representing clients in Lusophone Africa, especially in Angola and Mozambique, with decades advising on high-end international investment matters in the region, including projects involving infrastructure, energy and engineering issues as well as general corporate, tax, litigation and immigration law.

    Main practice areas

    • Anti-Corruption & Compliance
    • Antitrust and Competition
    • Banking & Finance
    • Capital Markets & Securitisation
    • Corporate and M&A
    • Employment & Benefits
    • Environmental
    • Intellectual Property
    • International Trade
    • Litigation & Arbitration
    • Real Estate Transactions and Investments
    • Corporate Governance
    • Restructuring & Bankruptcy
    • Tax

    Industries

    • Chemicals
    • Energy
    • Funds
    • Infrastructure
    • Mining
    • Ports & Maritime
    • Private Equity & Venture Capital
    • Telecommunications

    Regional capabilities

    • Lusophone Africa
    • Angola
    • China Desk
    • Japan Desk
    • Mozambique
    DepartmentNameEmailTelephone
    Oil & Gas; Corporate & Securities Alexandre Chequer
    Corporate & Securities; Lusophone Africa Desk Gonçalo Falcão
    Corporate & Securities; Lusophone Africa Desk Paulo Rage
    Banking and finance Eduardo Lima
    Banking and finance Luis Montes
    Banking and finance Priscilla Santos
    Bankruptcy and restructuring Liv Machado
    Compliance Michel Sancovski
    Compliance Luís Adams
    Corporate & Securities; Capital Markets & Securitization Carlos Motta
    Oil & Gas; Corporate & Securities Victor Galante
    Oil & Gas Tiago do Monte Macêdo
    Corporate & Securities Guilherme Tranquillini
    Corporate & Securities Bruno Salzano
    Corporate & Securities Christian Roschmann
    Corporate & Securities Daniel Gunzburger
    Corporate & Securities Daniella Raigorodsky Monteiro
    Corporate & Securities Lilian Toscani
    Oil & Gas; Corporate & Securities Bruno Belchior
    Capital Markets & Securitization Rodolfo de Tella
    Capital Markets & Securitization Bruno Cerqueira
    Employment and benefits Aline Fidelis
    Litigation and arbitration Gustavo Fernandes
    Litigation and arbitration Mauro Pedroso Gonçalves
    Litigation and arbitration Fábio Peixinho
    Litigation and arbitration Gustavo Scheffer
    Public Law; Projects & Infrastructure Bruno Werneck
    Public Law; Litigation & Arbitration Flávio Amaral
    Public Law; Litigation & Arbitration Henrique Rocha
    Real Estate José Paulo Marzagão
    Real Estate Ludmila Arruda Braga
    Tax Ivan Tauil
    Tax Guido Vinci
    Tax Eduardo Maccari Telles
    Tax Ana Luiza Martins
    Tax Celso Grisi
    Tax Flávia Cavalcanti Pepe
    Tax Carolina M. Bottino
    Environmental; ESG Luiz Gustavo Bezerra
    Shipping Joyce B. Jacobsen
    Electricity Débora Yanasse
    Competition & Antitrust Francisco Todorov
    Competition & Antitrust Adriana Giannini
    Competition & Antitrust Lorena Nisiyama
    Contacts : 29

    Mayer Brown promotes five to partner in Asia

    Mayer Brown promotes five to partner in Asia

    Hong Kong, 21 November 2018 —Mayer Brown has announced the promotion of five lawyers in Asia to partner. The appointments are effective January 1, 2019.


    Mayer Brown promotes seven to counsel in Asia

    Mayer Brown promotes seven to counsel in Asia

    Hong Kong, 21 November 2018 – Mayer Brown has announced the promotion of seven lawyers in Asia to counsel. The appointments are effective January 1, 2019.