Firm Profile > Miranda & Amado > Lima, Peru

Miranda & Amado
AV JOSÉ LARCO 1301
TORRE PARQUE MAR
MIRAFLORES, LIMA 18
Peru

Banking and finance Tier 1

Miranda & Amado fields one of the largest, specialist teams in the country, comprising 23 lawyers working exclusively in banking and capital markets work; they demonstrate 'extensive experience' and 'good knowledge of the industry'. The practice commands a faithful following among major domestic and international banks, including Grupo Crédito, BBVA Continental, HSBC, Bank of America, JP Morgan and Santander, and also counts multilateral lender IFC as a key client. As one of the largest full-service law firms in Peru, it brings broad industry expertise to finance transactions, as evidenced by a deal list spanning sectors from energy to agribusiness. Recent mandate include acting for Bank of America, Citigroup Global Markets, JP Morgan Chase and Credicorp Capital, as underwriters, on Hunt Oil's $600m bond issue; and representing BBVA Continental, as underwriter, of Enel Generación's $350m sixth bond programme. Both deals were led by the 'very good' Juan Luis Avendaño Cisneros, a leading market figure. Away from the capital markets, banking regulatory work is a further strength of the practice and Rafael Corzo, in particular, is applauded for his experience and knowledge; he recently advised on the incorporation of an entity for the issue of electronic money and also represented a well-known international manufacturer on the incorporation of its own lease-finance company. Other key partners include practice head José Miguel Puiggros who leads on the majority of mandates, such as advising steel manufacturer Corporación Aceros Arequipa on its $300m third debt programme; and Nydia Guevara, who specialises in capital markets and cross-border financing transactions. At associate level, Álvaro Del Valle enjoys a growing market profile, while Lisbeth Benavides and Gabriela Dañino both regular advise on complex matters. Since publication, Dañino has been raised to the partnership (effective January 2020) but Guevara has moved to Rodrigo, Elías & Medrano – Abogados.

Corporate and M&A Tier 1

Corporate powerhouse Miranda & Amado has both the expertise and strength in depth to handle the country’s most demanding and high-value transactions, including sophisticated cross-border deals. The firm fields 26 full-time corporate and M&A lawyers -one of the market's largest teams- with clients appreciating their 'understanding of our business', 'excellent service' and 'precise advice'. Star partners include: practice head Luis Miranda, who led advice to Peruvian consumer goods company Alicorp on its $491m acquisition of household and personal hygiene products manufacturer Intradevco Industrial; Roberto MacLean, whose clients include Mitsubishi Corporation and its local subsidiary, which he represented in their $600m acquisition of a further  21.9% interest in Anglo American's Peruvian subsidiary, Quellaveco; and 'tough negotiator' Bruno Amiel, who led the team advising Chilean petrol-station owner COPEC's, Colombian subsidiary Terpel on its $715m acquisition of downstream assets from ExxonMobil. Other key partners of the practice include José Daniel Amado, Anahi Com and Nathalie Paredes. At associate level, the team is well served by a number of highly-qualified and experienced seniors, including Katherine Torres and María Pía Talavera, each with over 12 years' experience in this sector. Clients include Telefónica del Perú, Grupo Gloria and Grupo Romero Group (both within top-five Peruvian conglomerates by size), and private equity group TC Latin American Partners (Terranum).

Dispute resolution Tier 1

'Outstanding'firm Miranda & Amado is at the forefront of high-end litigation and international arbitration, evidenced by a sizeable caseload of arbitral matters (including eight international arbitrations during the past year alone) and high-value matters before the judicial courts. Mandates include acting as local counsel to Autopista del Norte (in conjunction with the Paris office of Dechert LLP) in a $200m ICSID case against Republic of Peru and concerning delays on the construction of a major road in northern Peru; the advice is led by department head Mauricio Raffo, who is praised for his skill in the courtroom, supported by recently made-up Cristina Ferraro. On the litigious front, the firm is currently representing Repsol, Gas Natural de Lima y Callao (Cálidda) and Telefónica del Perú in various matters that demonstrate the firm's expertise in regulated industry disputes. The practice stands out for the depth of its team, with Raffo heading a total of six partners and 26 associates that includes: leader in the field Juan Luis Avendaño V, international arbitration specialist José Daniel Amado and last year's dispute specialist hires, Giovanni Priori and Santiago Carrillo, who have bedded into the practice seamlessly and lead on many key mandates. Key support comes from highly-experienced counsels Sara Taipe and Giancarlo Cresci.

Electricity Tier 1

Miranda & Amado has a long and 'superior' track record in this sector, advising significant market players on some of the largest projects in the country, including regulatory issues and dispute resolution. Engie Energia Peru, Enel Generación and IC Power (parent company of Kallpa Generación and its hydropower station Cerro del Aguila), and Samay (which owns the Puerto Bravo thermal power plant in Arequipa), are all clients. An impressive team is led by the 'very knowledgeable' Luis Marcelo De-Bernardis, a leading figure in the sector who can also draw on the experience of counsel Marifé Martinelli, (formerly of regulator OSINERGMIN), as well as the extensive multidisciplinary expertise spread throughout the firm. Specialist associate Pedro A Morales is a former in-house lawyer at the Economic Operations Committee of Peru's transmission authority, COES. Other matters include advising Minera Chinalco Peru on all the regulatory issues and procedures related to the supply of electricity to the Toromocho mining project from the national grid.

Environment Tier 1

Miranda & Amado stands out for its 'superb service delivery' and dedicated practice, which excels across the complete range of environmental work, from transactions and projects, including regulatory compliance, to administrative sanctioning proceedings and litigation. Alberto Delgado leads a small team of specialist associates, among whom senior Alberto Ventura Rivas stands out for his experience. The team provides ongoing advice to Repsol on environmental compliance and commitments concerning operational matters concerning La Pampilla oil refinery, and acts for Engie Energía Perú (part of GDF Suez Group) on all its environmental needs in relation to the operation of its hydroelectric and thermodynamic generating plants. Transportadora de Gas del Perú and Clorox are also clients.

Projects and infrastructure Tier 1

Few major projects come to market without the involvement of Miranda & Amado, 'one of the best firms in this area', its expertise, experience and supersize team ensuring it lands key roles. The practice continues to  advise Petroperú on the development and financing of the $3.5bn Talara crude oil refinery modernisation and expansion project; the advice is led by practice co-heads Luis Marcelo De-Bernardis -an energy, natural resources and infrastructure specialist- and oil and gas-focused Guillermo Bracamonte. De-Bernardis is also leading the team acting for Samay I on the financing, construction and operation of the $400m, 720MW Puerto Bravo non-spinning reserve power plant in Mollendo. Other recommended partners include Alberto Delgado for mining project financing and development - he is recommended 'without equivocation'; and José Miguel Puiggros, who is highly experienced in project finance and projects-related capital markets work.

Real estate Tier 1

Miranda & Amado has 'excellent knowledge of the industry', pleasing clients with its 'commitment and creativity' and 'personalised attention'. In particular, practice head Claudia Lucena 'stands out for attending our needs in the optimal time'; she leads a team of real estate, corporate and tax partners to deliver sophisticated advice in real estate investment projects, both for local and foreign investors, including funds, and project developers. They include Morgan Río Capital Management, Terranum Capital Latin America Real Estate Fund and EOM Inversiones (Grupo Esparq). A broad range of matters include acting for Arte Express & Compañía on its $25m acquisition of seven buildings in the historic centre of Lima from insurer Rimac Seguros y Reaseguros, and representing developer EWS Inversiones on a 13,500m² land acquisition in the rural zone of Lima for a country housing project. The very experienced Yelitza Valdivia is highlighted among a solid team of full-time real estate associates.

Bankruptcy and restructuring Tier 2

Miranda & Amado 's strong banking client-base naturally lends itself to a largely creditor-focused practice, although the team also has a good track record handling corporate restructuring on behalf of some leading companies. Clients highlight the partner involvement, knowledge and personalised advice. The practice utilises expertise from across the disciplines housed by the firm, as opposed to full-time specialists, with regulatory banking and insurance partner Rafael Corzo heading-up the practice alongside experienced counsel Renzo Agurto, who primarily handles corporate reorganisation, wind-ups and liquidations (since publication, as of December 2019, Sr. Agurto has been made up to partner). The team is acting for international private investment firm Aircraft Solutions, which launched insolvency proceedings against domestic airline LC Peru, of which it is one of at least 380 creditors. Other work includes representing a natural gas transportation company as a creditor in Gasoducto Sur Peruano's insolvency.  

Competition and antitrust Tier 2

Miranda & Amado handles high-profile and business-critical antitrust cases for some major domestic and international companies, with issues ranging from collusion to price fixing, for example. Head of practice Enrique Felices brings over 20 years' competition law experience to the team, including time in the public sector at INDECOPI, as well as at the OECD (as special presidential envoy). A well-resourced associate bench was boosted with the hire of senior associate Fiorella Zumaeta  from top tier firm Bullard Falla Ezcurra Abogados. However the team has lost the niche expertise in telecoms and gas brought by Luis Vinatea, who departed to establish labour boutique Vinatea & Toyama in August 2019. Representative practice clients include Telefónica del Perú, Repsol Comercial and Inca Rail.

Insurance Tier 2

Miranda & Amado's practice is strongly aligned with its tier one banking offering; it focuses primarily on transactions, disputes and regulatory advice to major companies. Clients include Peru's largest insurer, Rimac Seguros y Reaseguros, along with recent gains Liberty Seguros and Munich RE; while work highlights include advice to the shareholders of La Positiva Seguros y Reaseguros on the tender sale of a majority stake and providing regulatory advice to AON Group's Peruvian operations. Banking and insurance partner Rafael Corzo  heads up the practice and is widely respected for his expertise by clients and peers alike. Anahi Com and counsel Eduardo Wiese are also notable contacts in a team which clients commend for the quality of its written advice and overall expertise.

Mining Tier 2

Miranda & Amado boasts a client list the envy of the market, comprising lead international and domestic players such as Anglo American, Glencore-Xstrata, Rio Tinto, Mitsubishi Materials Corporation, Las Bambas Mining Company and Chinalco, among others. The mining team is 'responsive, quick and efficient' and sits within the firm's tier one projects practice, bringing a wealth of cross-departmental capability to the fore alongside specialist mining and environmental expertise from practice head Alberto Delgado and fellow partner Guillermo Bracamonte. Recent work included acting for Mitsubishi subsiary MCQ Copper on its $600m stake increase in Anglo American Quellaveco, which owns the Quellaveco copper project.  Advisory work includes representing Minera Chinalco Peru on the operation of the Toromocho mine, including advice on regulatory land management issues. The team was further strengthend with the 2018 hire of senior associate Cynthia Rebaza  from Rebaza, Alcázar & De Las Casas.

Oil and gas Tier 2

Miranda & Amado is a frequent participant in big-ticket transactions and project matters in the oil and gas industry, and also demonstrated additional expertise in dispute resolution. Its multidisciplinary approach draws upon experts from across the firm, led by projects partners Luis Marcelo De-Bernardis and Alberto Delgado. Ongoing mandates have seen the team continue its work on behalf of Petroperu concerning the development and financing of the $3.5bn Talara oil refinery modernisation and expansion project; De-Bernardis is leading on the matter, with assistance from energy and projects partner Guillermo Bracamonte.  In other work the practice is also acting for Repsol Group on a range of disputes - from breach of contract to labour issues. Clients include Primax, CNPC International and Peru LNG.

Public law and regulation Tier 2

'Very good' Miranda & Amado draws upon its first-class specialists in the fields of infrastructure, projects, regulated industries and disputes to advise on related public and administrative law matters. Key partner Luis Marcelo De-Bernardis, for example, is providing administrative and regulatory advice to Enel Distribucion Peru concerning the tariff set by regulator OSINERGMIN for electricity distribution in Lima until 2023. Indeed, the practice acts for numerous sector-leading companies, such as Telefónica del Perú, on behalf of which the team is challenging a decision by the Ministry of Transport and Communication concerning its concession agreements for fixed line telecom services.  Other key members of the team include Enrique Felices , who returned from the public sector in 2018; and counsels Willy Pedreschi -previously head of public law at what was formerly Benites, Forno & Ugaz, who joined the firm in January 2018- and the 'knowledgeable' Marifé Martinelli, who is regarded as 'a true specialist'. However, former practice head Luis Vinatea departed to co-found labour boutique Vinatea & Toyama. Since publication, Sr Pedreschi has been made partner.  

Tax Tier 2

Miranda & Amado won several new clients in the past year, testament to the calibre of a deep practice and experienced team. Gains included Minera Las Bambas, IC Power and Transportadora de Gas del Perú among others, demonstrating  the firm's specialist knowledge of the mining and energy sectors. The team obtaind successful results at the Supreme Court on behalf of Kimberly-Clark Perú and Banco de Crédito del Perú in their separate, precedent-setting claims against the SUNAT concerning voluntary profit-sharing. The advice was led by 'quietly brilliant' practice head Rocio Liu, who specialises in litigation, tax planning for M&A, finance and capital markets transactions and corporate restructurings. The team also includes the consistently-recommended Pablo Sotomayor; while Luis Miguel Sánchez, Eduardo Pedroza and Talía Diaz  are all notable associates. Since publication Liu has moved to Damma Legal Advisors.  

Labour and employment Tier 3

The August-2019 departure of former managing partner Luis Vinatea and co-practice head Jorge Toyama and a significant portion of the firm's sizeable labour department has resulted in significant reorganisation at Miranda & Amado. A group of former senior associates, comprising the recently made-up Eric Castro and counsels Carlos Cadillo, Fernando Rodríguez García and Luis Santa Cruz, now constitute the core of the restrucutred team, currently 10-strong. 'A genuine rising-star', labour-litigation associate Sebastián Soltau is also a key practice member. Notably, the team has retained key clients such as Banco de Crédito del Perú (BCP) and Telefónica de Perú.

Latin America: International firms > International arbitration > Local practitioners of note (by country)

Bullard Falla Ezcurra Abogados stands out for its 'deep knowledge of how an arbitration procedure works' and its ability to provide 'innovative solutions to specific problems'. Within the 'powerhouse team', Alfredo Bullard is 'one of the best construction attorneys in Latin America' and recently acted for a group of foreign investors in an ICSID investment arbitration against the Peruvian government. Huáscar Ezcurra, who has 'astonishing ability to anticipate moves from the counterparty' is also highly recommended. Miranda & Amado has notable expertise in the oil and gas, construction, and transport sectors, and has a number of well regarded practitioners including José Daniel AmadoMauricio Raffo and Luis Miranda. At Rodrigo, Elías & Medrano – Abogados, arbitration expert Juan Guillermo Lohmann, department head José Tam and the widely respected Luis Bedoya are names to note within the team which handles a mix of investment treaty arbitration and commercial disputes. Construction boutique Navarro Sologuren Paredes Gray's Gustavo Paredes is also recommended, as is Philippi Prietocarrizosa Ferrero DU & Uria's Ramiro Portocarrero.

THE FIRM: Miranda & Amado is a full-service Peruvian law firm with an international outlook. A market leader across a range of practice areas, it is renowned for its expert handling of highly sophisticated transactions and cross-border deals for a predominantly multinational clientele. This international experience has led to the team being instructed by clients to coordinate regional transactions in the role traditionally assumed by US firms; this is unique in Peru and rare among law firms across Latin America. Miranda & Amado covers all areas of the law while maintaining its boutique approach to highly sophisticated matters in sectors such as electricity, oil and gas, telecoms, mining, infrastructure, real estate and banking, finance and insurance. Expertise in these fields is well supplemented by market leading practice groups in finance, M&A, litigation, labour, tax, environmental, insolvency, competition and antitrust. The firm also stands out for participating in the most innovative and first-of-their-kind transactions in Peru.

TOP-NOTCH TALENT: Miranda & Amado is at the forefront of the legal service industry in Peru, for which it relies on its top-notch team of lawyers that is committed to and focused on excellence-based performance. Among the leading Peruvian law firms, Miranda & Amado has by far the highest number of lawyers with experience working at top-tier international law firms.

ACKNOWLEDGEMENTS: Miranda & Amado has won the ‘Peru Law Firm of the Year’ and the ‘Client Service’ awards at the Chambers Latin America Awards, and has been shortlisted for the ‘Latin America Law Firm of the Year’ at the Chambers Global Awards. In 2017, the firm was also named ‘Peru Law Firm of the Year’ for the third time at the IFLR Americas Awards and Peru Tax Firm of the Year by International Tax Review. In 2018, the firm was the first law firm granted an ABE Award, which constitutes the highest recognition to human resources management in the country and was also granted the Chambers Peru Law Firm of the Year Award.

CLIENTS: Miranda & Amado advises major national and international companies in every industrial sector, including the top 10 companies in Peru. Representative clients include: Telefonica, Credicorp, Engie, IFC, Citi, Vinci, BHP, IC Power, Intercorp, APM Terminals, Talma, Sanfer, San Fernando, Terranum, Lindley, Minera Las Bambas and Petroperu.

INTERNATIONAL WORK: The firm is part of Affinitas, an alliance established in 2004 and composed of leading law firms in the four countries of the Pacific Alliance. It comprises over 400 lawyers committed to responding to clients’ needs through a close-knit network, ensuring consistency and quality of service. Affinitas is one of only five Leading Regional Law Firm Networks recognised by Chambers Latin America.

Department Name Email Telephone
Managing partner / Projects & Natural Resources / Environment Alberto Delgado adelgado@mafirma.com.pe
Projects & Natural Resources Luis Marcelo De-Bernardis ldebernardis@mafirma.com.pe
Corporate/Mergers & Acquisitions Luis Miranda lmiranda@mafirma.com.pe
Banking, Finance & Capital Markets Juan Luis Avendaño C jlavendano@mafirma.com.pe
Dispute Resolution Jose Daniel Amado jdamado@mafirma.com.pe
Corporate/Mergers & Acquisitions Roberto MacLean rmaclean@mafirma.com.pe
Insurance & Reinsurance / Bankruptcy Rafael Corzo rcorzo@mafirma.com.pe
Corporate/Mergers & Acquisitions Bruno Amiel bamiel@mafirma.com.pe
Dispute Resolution Santiago Carrillo scarrillo@mafirma.com.pe
Regulatory / Competition & Antitrust Enrique Felices efelices@mafirma.com.pe
Banking, Finance & Capital Markets José Miguel Puiggros jmpuiggros@mafirma.com.pe
Dispute Resolution Mauricio Raffo mraffo@mafirma.com.pe
Dispute Resolution Cristina Ferraro cferraro@mafirma.com.pe
Real Estate Claudia Lucena clucena@mafirma.com.pe
Corporate/Mergers & Acquisitions Nathalie Paredes nparedes@mafirma.com.pe
Dispute Resolution Giovanni Priori gpriori@mafirma.com.pe
Projects & Natural Resources / Environment Guillermo Bracamonte gbracamonte@mafirma.com.pe
Tax Pablo Sotomayor psotomayor@mafirma.com.pe
Corporate/Mergers & Acquisitions Juan Miranda jmiranda@mafirma.com.pe
Dispute Resolution Juan Luis Avendaño V jlavendanov@mafirma.com.pe
Labour Eric Castro ecastro@mafirma.com.pe
Banking, Finance & Capital Markets Gabriela Dañino gdanino@mafirma.com.pe
Insolvency & Restructuring Renzo Agurto ragurto@mafirma.com.pe
Regulatory & Administrative Willy Pedreschi wpedreschi@mafirma.com.pe
Photo Name Position Profile
 José Daniel Amado  photo José Daniel Amado
 Juan Luis Avendaño Cisneros  photo Juan Luis Avendaño Cisneros
 Juan Luis Avendaño V  photo Juan Luis Avendaño V
 Lisbeth Benavides  photo Lisbeth Benavides
Other fee-earners : 80+
Total staff : 200+
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Partners : 24