Miranda & Amado > Lima, Peru > Firm Profile

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

Peru > Banking and finance Tier 1

Miranda & Amado stands out for its dual strengths in both sophisticated transactions and banking regulatory work, attracting a strong following among international investments banks and Peru’s largest domestic banks as a result. The firm has been particularly busy this year in high-end debt financing for the mining and infrastructure industries; it acted for Citibank as trustee and onshore security agent in the $229m loan granted by Santander, BBVA Perú and Itaú Corpbanca (New York Branch) to Salaverry Terminal Internacional, a deal led by practice head José Miguel Puiggros. On the banking regulatory side, the firm has historically advised on the establishment of a number of banks in the country and boasts one of the market’s leading practitioners in this sphere in Rafael Corzo. Other star names within the 16-strong team include Juan Luis Avendaño Cisneros, widely admired and a regular lead adviser in headline transactions, and junior partner Gabriela Dañino, who also takes the lead on heavyweight deals; together they led advice to Scotiabank on its $250m loan to Peruvian mining company Compañia Minera Antamina. The ten-strong associate bench includes senior Álvaro Del Valle, noted for his international experience and involvement in key matters. Since publication, Del Valle has been raised to the partnership – effective as of January 2022.

Practice head(s):

José Miguel Puiggros

Testimonials

Miranda & Amado, and particularly Jose Miguel Puiggros, are excellent lawyers in relation to document drafting, legal and technical matters. What truly sets Puiggros and the firm apart is his abilities to serve his clients as a brilliant tactician and strategist in getting deals finished.’

Jose Miguel Puiggros is not only a great lawyer but an amazing professional. He is available 24/7 and provides an invaluable service that goes well beyond legal advice. He understands various industries, has experience with most financial counterparties and is willing to leverage his wide array of contacts and relationships to help his clients. In the heat of a deal he is in the ‘trenches’ with his clients, working by their side with top notch advice and strategy. He truly cares. His associate Pablo Cassinelli has a similar style and his skills when it comes to drafting are that of a very seasoned lawyer.’

Excellent quality of service and very dedicated work. Communication with the M&A team is always fluid and time expectations are always met.’

I particularly highlight the work of Gabriela Dañino and Daniela Higueras. Both stand out for their proactivity, attention to detail and ability to work under pressure with excellent results.

Key clients

HSBC

JPMorgan Chase

Bank of America

Citibank

Banco Santander

Banco de Crédito del Perú

Scotiabank

BBVA Continental

Grupo Crédito

Credicorp Capital

IFC

CAF

Work highlights

  • Advising Scotiabank on a $250m loan to Peruvian mining company Compañia Minera Antamina.
  • Advising Citibank Del Perú in its capacity as trustee and onshore security agent, on the $229m loan granted by Santander, BBVA Perú and Itaú Corpbanca (New York Branch) to Salaverry Terminal Internacional
  • Acting for the lenders and Scotiabank Perú, as local collateral agent, in the financing of up to $170m provided to Andean Tower Partners, specifically, with respect to the Peruvian tranche granted to Torres Unidas Perú.

Peru > Capital markets Tier 1

Miranda & Amado excels in this arena, demonstrating strength across the board in both domestic and international capital markets transactions, attracting a stellar client list of global investment management companies and banks. Juan Luis Avendaño Cisneros is rivalled by few in the market for his expertise and has enjoyed another successful year, despite the backdrop of Covid, leading advice on multiple high-value mandates. They include Banco de Crédito del Perú (BCP)’s $1.6bn debt offering and two tender offers, representing BofA Securities, Citigroup Global Markets, Credicorp Capital Sociedad Agente de Bolsa and JP Morgan Securities as underwriters. Other key members of the team are practice head José Miguel Puiggros, who equals Juan Luis Avendaño Cisneros in length of experience at 20 years; and senior associate Álvaro Del Valle, who has been integral on client teams again this year.

Practice head(s):

José Miguel Puiggros

Testimonials

Excellent experience of working with Alvaro del Valle, always pro-deal and with great ability to find solutions to difficulties that may arise in the transaction.’

The practice is comprised of highly skilled individuals offering exemplary service in multiple fields. The team works efficiently and provides great communication. They are prompt and dedicated to their craft.’

The individuals we have worked with from the firm have all been the utmost professionals. Their specific knowledge and know-how is leading their field.’

Key clients

HSBC

JPMorgan Chase

Bank of America

Citigroup

Banco Santander

Scotiabank

Credit Suisse

BBVA

Banco de la Nación

Interbank

BTG Pactual

Caja Arequipa

Grupo Crédito (Credicorp Capital, BCP et al)

Grupo Romero (Primax, Alicorp et al)

LXG Capital

Atlantica Yield

Work highlights

  • Advised BofA Securities, Citigroup Global Markets, Credicorp Capital Sociedad Agente de Bolsa and JP Morgan Securities, as underwriters, on Banco de Crédito del Perú (BCP)’s debt offering and two tender offers worth nearly $1.6bn in total.
  • Advised BofA Securities, JP Morgan Securities and Goldman Sachs as initial purchasers in connection with the $500m offering by Credicorp of 2.750% senior notes due 2029.
  • Acted for JP Morgan Securities and Bank of America as underwriters in connection with the offering by Interbank for a total amount of $300m.

Peru > Corporate and M&A Tier 1

An undisputed heavyweight in the M&A arena, Miranda & Amado boasts a strong partner line-up in ‘superstarRoberto MacLean, widely-admired Bruno Amiel, market-leading M&A lawyer Luis Miranda (who continues to lead key mandates), and Nathalie Paredes, who is particularly active in corporate and private equity deals in the real estate sector. Overall, the team displays a ‘very high human quality and with a high-quality of work as well’. In a non-pandemic year, it would typically advise on a extensive number of transactions, particularly of a complex or cross-border nature, and is currently advising EQT Partners on the Peruvian-leg of its $800m international acquisition of the natural colours division of Danish bioscience company Chr. Hansen Group. Advice on the deal is led by Amiel assisted by Katherine Torres, one of two stand out senior associates in the practice, the other being María Pía Talavera. Since publication, both Torres and Talavera have been appointed counsel - effective as of January 2022.

Practice head(s):

Roberto MacLean

Testimonials

The Miranda & Amado team is very complete: it covers all specialties, and they can be complemented with other areas and even external lawyers if they require it. The quality level is very high, a good level of response and it is also a very pleasant human team to work with.’

Very professional, but at the same time very human, approachable, people of very high human quality and with a high quality of work as well. I have been able to work with Nathalie Paredes and lawyers from other practice areas of the firm. All very prominent.’

Roberto Maclean is a superstar.’

Key clients

Primax, Ransa and Alicorp (Grupo Romero companies)

Grupo Gloria

San Fernando

Talma

Vinci

TGP (Transportadora de Gas del Perú)

International Finance Corporation (IFC)

TC Latin American Partners

Ripley Corp

Vanguard

Laureate Education

Engie

Paladin Realty Partners

Acon Investments

Banchile Inversiones

Exalmar

Beta

Intel

Experian

JC Decaux

Work highlights

  • Advising EQT Partners on the Peruvian side of the $800m international acquisition of the natural colours division of Chr. Hansen Group.
  • Advising Greek lottery group Intralot on the $21m sale of a minority stake in its Peruvian branch to local private equity investor Nexus Group, making Nexus the sole owner of Intralot Perú.
  • Assisting Colombian oil company Ecopetrol and South Korean counterpart Korea National Oil to sell Offshore International Group (OIG) –which operates oil fields in Peru– to US investor De Jong Capital.

Peru > Dispute resolution Tier 1

Truly elite in the disputes arena, Miranda & Amado acts for some of the country’s largest homegrown and foreign enterprises on business-critical judicial proceedings and domestic and international arbitration. The firm offers almost unrivalled resources and deep expertise at partner level, particularly in practice head Mauricio Raffo, who stands out for his ability in regulatory litigation and arbitration. Together with talented junior partner Cristina Ferraro and prominent litigator and arbitrator Giovanni Priori, Raffo is leading advice in two high-value international arbitrations against the State: acting for Autopista del Norte in a $200m ICSID arbitration regarding delays to the construction of a major highway in northern Peru; and an ICC arbitration on behalf of Quanta Services following termination of its $100m contract to establish an internet access network, also in northern Peru. Completing the five-partner practice are international arbitration expert José Daniel Amado and Santiago Carrillo, who is relationship partner to a number of the department’s most high-profile clients. A mighty 27-strong associate bench includes several experienced lawyers, including Carlos Glave, in demand on a number of key matters during the past year. Since publication, the ‘outstanding‘ Luis Alonso Navarro has been raised to the partnership – effective as of January 2022.

Practice head(s):

Mauricio Raffo

Testimonials

They are very solid in their strategy and argumentation.’

José Amado, Luis Alonso Navarro and José Luis Repetto are outstanding.  There is a strong team, which can handle a large volume of cases, if necessary.

The practice is well organised and we have the personalised attention of the responsible partner, Mauricio Raffo, if this is needed for the case.

‘Mauricio Raffo is the partner responsible for our account. He has always been open and inclined to solve any impasse effectively.’

What differentiates them from the rest is based on having one of the most prominent lawyers in Peru, in this practice, Mauricio Raffo. The knowledge and thoroughness of Giovanni Priori, one of his partners, makes the balance tip in their favour when making hiring decisions.’

Giovanni Priori is recommended, as well as Rodrigo Molina for his involvement and commitment regarding our cases.’

Solid, experienced and reliable team.’

Key clients

Repsol Group

Gas Natural de Lima y Callao – Cálidda (Grupo Energía de Bogotá subsidiary)

Telefónica del Perú (TdP)

Tecnológica de Alimentos (TASA)

Kallpa Generacion

Las Bambas

Petroperú

Ripley Perú

ENEL

Minera Antapaccay

Autopista del Norte

Quanta Services

Banco de la Nación

Banco de Crédito del Peru (BCP)

APM Terminals Callao

LAMSAC

Estudios Técnicos

CONCAR

GyM

Work highlights

  • Advising Autopista del Norte on ICSID arbitration proceedings against the Republic of Peru regarding delays to the construction of a major highway in northern Peru, valued at more than $200m.
  • Representing international telecoms company Quanta Services in ICC arbitration against the Republic of Peru regarding the termination of a contract for the construction and set up of an internet access network in northern Peru for more than $100m.
  • Advising Banco de la Nación in a $60m-plus damages claim regarding the termination of a software implementation contract.

Energy and natural resources > Electricity Tier 1

Advising on the whole chain of electricity production, transmission and distribution, Miranda & Amado acts for numerous lead companies in the sector, whether electricity producers and distributors or major purchasers of power and its infrastructure, such as mining companies. The team is playing a key role in discussions concerning regulatory changes to the country’s tariff regime in the natural gas market, which will impact significantly on electricity generation projects. Integral to its success is practice head Luis Marcelo De-Bernardis, who has deep industry expertise and is exceptionally hands on. Continuing to raise her profile, Marifé Martinelli has many years’ experience advising on the regulatory and administrative aspects of the sector, while senior associate Pedro A Morales is also specialised in the sector.

Practice head(s):

Luis Marcelo De-Bernardis

Testimonials

The firm’s lawyers have extensive knowledge of the electricity sector, advising the main companies of the same in their most complex cases.’

They differ in that they have a holistic view of the sector, focusing on the needs of the client, beyond the purely legal analysis.’

Key clients

Engie Energia Peru

IC Power/Kallpa Generacion/Cerro del Aguila/Samay/ORAZUL Energy

Enel Generación/Enel Distribución

Cálidda Energía

Hidrocañete

ISA REP – Red de Energía del Peru

Atlántica Yield / Aby Concession Perú/ATN/Aby Transmisión Sur/ATN2 )

Abengoa Peru

Minera Chinalco Peru

Petroperu (Proyecto de Modernización de la Refineria Talara)

El Pedregal

Clorox Peru

Aqua Energía

Statkraft

Vanguard International

Work highlights

  • Advising Minera Chinalco Peru on all the regulatory issues and procedures related to the supply of electricity to the Toromocho mining-project extension.
  • Advising Petroperu in relation to the development of the modernisation project of the Talaras Refinery, a nationally important infrastructure project.
  • Acting for IC Power Group/Engie/Enel Generación in regulatory procedures to set the tariff of important regulated companies in the transmission and distribution segment.

Peru > Environment Tier 1

Miranda & Amado provides environmental advice of the highest level, acting in respect of some of the country's largest or strategicially key projects, mines or power plants. A niche strength of the practice is water rights, as demonstrated by the firm's work for Minera Las Bambas whereby it is conducting a comprehensive analysis of applicable water permits for the operational stage of its copper mine, one of the largest in the world. The comprehensive practice advises across the full range of environmental issues, from M&A and financing to litigation and regulatory matters. At the helm is energy and natural resources partner Alberto Delgado, who leads a compact but specialist team of three associates including senior Alberto Ventura, who is fully focused on environmental matters.

Practice head(s):

Alberto Delgado

Testimonials

They do compare favourably. The Miranda team is very friendly and meets the requested requirements on time. In addition, the responses to our enquiries show that they handle the hydrocarbons sector well.

Sandra Lock is a young attorney and super clear on consultations. I appreciate the order with which she presents her ideas very much and that she always goes beyond the consultations we ask her, giving us a complete assessment. It is a pleasure working with her.

They have a large team that allows us to meet all our requirements in a timely and quality manner.’

I highlight the professional work of Alberto Ventura. He is a lawyer committed to his work, always ready to attend to our issues with dedication and showing a timely response capacity. He is an excellent professional.’

Key clients

Engie Energía Perú (GDF Suez Group)

Repsol Exploración Perú

Navisán Perú

Gestión de Servicios Ambientales (DISAL)

Statkraft Perú

Refinería La Pampilla

Transportadora de Gas del Perú

Great Panther Coricancha

CHR Hansen

Agua Fontaneil

Clorox Peru

Olivos de Villacurí

NK Management

Acqua Energía

BPZ Energy

Minera Las Bambas

BHP Billiton

Work highlights

  • Advising Statkraft Perú, owner of the Cheves hydroelectric power plant project, among others, on the defence of several  administrative sanctioning procedures initiated by OEFA related to the alleged breach of environmental commitments and legal provisions during the construction works and operation of Cheves and Yaupi power plants.
  • Assisting Minera Las Bambas with a comprehensive analysis of the main applicable water permits for the operational stage of its  Las Bambas copper mine, in order to accomplish the start-up of mining production activities and taking into consideration the acquired obligations of the company under the mining permits and authorisations already obtained before the Ministry of Energy and Mines.
  • Ongoing advice to Engie Energía Perú on environmental management instruments and permits, water rights matters related to its water supply systems, discharge of liquid effluents, and obtaining and managing other environmental governmental approvals required for the execution and operation of all its hydroelectric and thermoelectric generation plants.

Peru > Projects and infrastructure Tier 1

A well-co-ordinated, multidisciplinary team at Miranda & Amado is instructed on a stream of projects of national importance, particularly in relation to energy, mining and general infrastructure. For instance, practice co-head Luis Marcelo De-Bernardis, a market leader in projects and project finance, is leading advice to Petróleos del Perú (Petroperú) on the innovative modernisation and expansion of the $4.7bn Talara crude oil refinery. Alongside mining and oil and gas expert Alberto Delgado, the pair steer a 20-strong team from across the firm in providing clients with advice on the complete life-cycle of a project. Those most consistently involved in this work, however, include mining and hydrocarbons specialist Guillermo Bracamonte, and recently promoted partner Isabel Lira (January 2021), who focuses on infrastructure, concessions and PPP, with added competition capability. Up and coming associates include Andrés Arbe and Cynthia Rebaza. A noteworthy client gain during the past year is the UK government, which the firm is advising in relation to investment in Northern Peru.

Practice head(s):

Luis Marcelo De-Bernardis; Alberto Delgado V.

Testimonials

The Miranda & Amado team has deep, specialised knowledge on the subject of financing projects for public/private associations like the one I manage. I consider that what makes this practice unique, in addition to the depth of its experience, is the permanent proactive disposition to understand my business and provide solutions tailored to my company.

Permanent willingness to listen to our special cases, to accompany us in our discussions with the various stakeholders. Quick response even if it requires deep work in a very short time. Dedication is practically 24/7 when required. Both Jose Miguel Puiggros (the partner who advises on the finance of my projects) and Lisbeth Benavides (the associate who works with Jose Miguel on my projects) have demonstrated the above.’

Miranda’s team has extensive experience in project financing and in infrastructure and energy projects in Peru. They have worked on many projects with an international component and are trained to respond to the needs and demands of the most sophisticated sponsors and funders. It is one of the best options in Peru.’

Jose Miguel Puiggros is one of its most prominent lawyers.’

Key clients

Petróleos del Perú

Quanta Services Perú

Inkia Energy

Minera Las Bambas

Minera Chinalco Peru (subsidiary of Chinalco)

BPZ Exploración y Producción (a subsidiary of Grupo Alfa)

Great Panther Silver

Transportadora de Gas del Perú

United Kingdom government

Lima Expresa (Vinci)

Kallpa Generación

SSA Marine

Work highlights

  • Providing comprehensive advice to Petróleos del Perú (Petroperú)  relating to the development and financing of the Talara crude oil refinery project for the modernisation and expansion of the refinery, value approximately $4.7bn.
  • Advising Minera Chinalco Peru on various aspects related to the operation of the Toromocho Mining Unit, a major mining project in Peru which involves an estimated investment of $1.3bn.
  • Advised Quanta Services Perú on the contractual framework provided by the Engineering, Procurement and Construction agreement (EPC) with Redes Andinas de Comunicaciones in relation to implementation of the Access Network and Transportation Network in the regions of Cajamarca, Tumbes and Piura, large-scale telecommunication projects of national interest.

Peru > Real estate Tier 1

Dominant across a broad range of real estate work, Miranda & Amado handles developments, transactions and disputes at the highest level. They include, for instance, acting for TC Latin America Partners on housing and commercial projects totalling 590,000m² and with a projected investment of over $400m. Other, more niche areas of expertise include permits and licences, rural land transactions and international property investment, where the firm draws upon tier-one practices in corporate, tax and real estate under its umbrella 'Real Estate Business Practice for Investors and Developers' service. Much-admired Claudia Lucena heads the property law team and is extremely hands-on, leading or supervising on all key mandates. An exceptionally strong associate team includes Yelitza Valdivia, a specialist in technical and legal sanitation; Daniel Corzo, noted for his work in land transactions within large-scale development projects; and the disputes-focused Luis Francisco Paz.

Practice head(s):

Claudia Lucena

Testimonials

Miranda & Amado’s real estate practice has a level of specialisation that I have not found at any other firm. Its high degree of specialisation and the fact of being a multidisciplinary firm allow it to form teams that provide truly comprehensive advice at all stages of real estate projects, in consulting and even in the face of conflicts that demand knowledge not only of the legal aspects involved, but the business.’

Competence, high standards and great knowledge of the business, proximity in the client-lawyer relationship, availability and punctuality in deliveries, are some of the characteristics that make the firm’s lawyers stand out from their competitors. Personally, I have been working with Claudia Lucena, who leads the real estate area of the firm, for several years. Her excellent work and dedication has made Claudia an important part of our team. Daniel Corzo, real estate associate, stands out for his great expertise in urban issues.’

They have absolute command of the regulatory aspects of the business. They have an extraordinary ability to provide creative legal solutions to the different challenges that innovative projects require, integrating their technical, economic, legal and financial aspects. They do it with commitment and great disposition.’

Absolute command of regulations, exceptional creativity, maximum quality and availability. Claudia Lucena is a recognised and outstanding specialist in real estate matters.’

The Miranda & Amado team is able to achieve the strategic objectives of the company. They provide agile, timely and quality accompaniment in real estate sales negotiations. They manage the complexity of the cases very well and create a collaborative work environment.’

The client-lawyer relationship has created a space with great trust where the firm has always aligned itself with the objectives and needs of the company, many times it has even gone beyond what was agreed or required. On the other hand, the quality of the legal services is outstanding. Claudia Lucena is a key part of the team.’

Miranda’s attorneys have a very high ability to address issues and quickly find solutions when necessary. They compare favourably in the level of knowledge they maintain and are constantly updated on new regulations.”

They have the ability to solve problems using up-to-date technical information, specifically Daniel Corzo, who was able to advise us correctly on how to approach the risks that we saw in the last transaction. He was fast and accurate.’

Key clients

TC Latin America Partners

Paladin Realty Partners

Morgan Río Capital Management

Banchile Inversiones

MGi Group

Credicorp Capital

Telefónica del Perú

EOM Inversiones (Grupo Esparq)

Administradora Jockey Plaza

Grupo Falabella

Tiendas por Departamento Ripley

H&M Hennes & Mauritz

Eco Plaza

Arte Express & Compañía

Viva G&M

Leo Andes (Leonisa)

Agua Fontaneil

Universidad de Ingeniería y Tecnología

Inversiones Centenario

Proyecto Ventanilla

Work highlights

  • Advising Administradora Jockey Plaza Shopping Center on its dispute with Cencosud Retail Perú, derived from the closure of the Paris department stores and American Eagle, Carters and Women Secret stores in Peru.
  • Advising TC Latin America Partners on real estate matters related to the execution of housing and commercial projects in and outside of Lima, and in Arequipa, amounting to a total of 590,000m² and involving a projected investment of over $400m.
  • Acting for EOM Inversiones (Grupo Esparq) on a key mixed-use project in Cusco, covering up to 12,000m².

Peru > Bankruptcy and restructuring Tier 2

With leading practitioners in both banking and finance law and corporate/M&A, Miranda & Amado is cultivating a significant practice in insolvency and restructuring, particularly on the creditor side. The firm is advising Castlelake, Aircraft Solutions Lux XI and Wells Fargo Trust Company NA in their joint strategy to repossess leased aircraft, as well as a joint action and insolvency proceedings against airline LC Busre. The multidisciplinary team is led by insolvency and restructuring specialist Renzo Agurto and leading banking and finance partner Rafael Corzo, also experienced in insolvency matters. Worthy of mention is senior associate Lisbeth Benavides, who has more than a decade's experience in this area.

Practice head(s):

Renzo Agurto; Rafael Corzo

Testimonials

I know the firm through its insolvency partner, Renzo Agurto, with whom I had the honour of working. He showed great professionalism and dedication to the case.’

A client-oriented vision; business knowledge behind legal advice.’

The team is very solid, with extensive knowledge of the rules and excellent communication and execution of the strategies.’

Renzo Agurto has given us very valuable help, he knows the environment widely and understands the client’s needs well. Jose Enrique Fernandez is fast and efficient, attentive to details and open to communication.’

The strengths of the bankruptcy and restructuring team are the total involvement in the subject of analysis, knowledge of the legislation of the matter as well as judicial decisions and how this case could be extended even to other aspects of the law. Finally, another strong point is its ability to explain the legal implications in a didactic and easy to understand way.’

I highlight Renzo Agurto with whom I had constant communication for the analysis of a bankruptcy case. Renzo showed openness and flexibility in the interaction we had in advising a case. Additionally, he has experience and knowledge of the bankruptcy and corporate issue that we worked on at the time. The most remarkable thing is that given his experience in this matter, he was able to quickly recommend legal strategies and provide practical alternatives related to the case under analysis.’

Key clients

Aguaytía Energy del Perú

Castlelake/Aircraft Solutions Lux XI /Wells Fargo Trust Company, National Association

Transportadora de Gas del Perú

Volcan Compañía Minera

Quanta Services Perú

Ulma Encofrados Perú

Work highlights

  • Advising Castlelake, Aircraft Solutions Lux XI and Wells Fargo Trust Company on a joint strategy (insolvency and litigation) to repossess leased aircraft, lodged before the Public Registry and the Aviation Authority, as well as a collection action for outstanding debt made against LC Busre, including the filing of insolvency proceedings.
  • Representing Transportadora de Gas del Perú on a joint strategy (insolvency and arbitration), including the preparation of the insolvency petition to be filed before the Peruvian insolvency authority, for the collection of claims amounting to $1.3m
  • Advising Aguaytía Energy del Perú, a creditor of Maple Gas Corporation del Perú, in relation to the latter’s insolvency proceedings, including the proof of claims filing and a global strategy that involves opposing the proof of claims filing made by Maple’s other creditors; $24m of the client’s claims have been recognised by INDECOPI.

Peru > Competition and antitrust Tier 2

An impressive client roster at Miranda & Amado, comprising leading companies from both home and abroad -such as Grupo Repsol, Telefónica del Perú and Alicorp- are testament to the calibre of practice at the firm. Current mandates include representing cleaning-products giant, Clorox, in investigation and sanctioning procedures initiated by INDECOPI concerning contaminated Poett-brand products (potentially involving the largest product recall in Peru’s history). Practice head Enrique Felices has deep experience in the field, and is praised for his commitment, assertive style, accessibility and analytical skills. Among associates of note is senior Fiorella Zumaeta, who is assisting with the Clorox case and other key mandates. Since publication, Zumaeta has been raised to the partnership – effective January 2022; however, senior associate Omar Alvarado has left the firm.

Practice head(s):

Enrique Felices

Testimonials

The degree of commitment and availability at all times. An adequate sense of urgency. High level of experience. High ability to discern regarding future consequences.’

Enrique Felices is committed, experienced, creates good client relationships, proposes different scenarios, has good accessibility and analytical skills, is flexible, patient and assertive.

Miranda’s practice manages the processes of free competition and regulation for large Peruvian corporations. Enrique Felices and Fiorella Zumaeta are notable. They know how to approach the strategic issues of the clients in an integrated way with the legal aspects of a case.’

Key clients

Grupo Repsol

Inkia Energy

Colfax Corporation

Primax

Telefónica del Perú

Grupo Ripley

Clorox Peru

Kawasaki Kisen Kaisha

Alicorp

Work highlights

  • Advising Clorox on the investigation and sanctioning procedures initiated by INDECOPI in connection with contaminated Poett-brand products.
  • Advising Colfax’s Peruvian subsidiary,welding prodicts producer Soldex, in an unfair competition procedure initiated against two companies that distribute welding products in the Peruvian market for the commission of acts of sabotage and the breach of commercial good faith.
  • Representing Telefónica before INDECOPI and OSIPTEL in two unfair competition procedures concerning advertising matters and regulatory infringements, initiated by the company against América Móvil, one of its main competitors in the mobile market; as well as in two other, additiona,l unfair competition procedures related to advertising matters against competitor Viettel Perú.

Peru > Compliance Tier 2

Leading corporate firm Miranda & Amado has consolidated its multidisciplinary compliance practice by establishing a new white-collar crime and compliance team as of January 2021. It follows the hire of two corporate and business crime litigators José Luis Velarde and Rafael Díaz from boutique Facto Litigios & Compliance, where they were founding partners. Both join as counsel, and as well as handling litigation, the pair will significantly bolster the firm’s non-contentious capabilities in the area, including the design and implementation of regulatory compliance programmes for significant domestic companies. Since publication, both Velarde and Díaz have been raised to the partnership – effective as of January 2022.

Energy and natural resources > Hydrocarbons Tier 2

Miranda & Amado impresses with strength in multiple practice areas pertinent to the oil and gas sector: infrastructure, transactions, commercial, regulatory and dispute resolution, and fields leading lawyers in each discipline. The diversity of the practice is conveyed by recent work matters: acting for Korean energy company SK Innovation in a potential dispute with the Peruvian State regarding its investments in the Amazon basin; and representing Petróleos del Perú (Petroperú) on the development and financing of the $4.7bn Talara crude oil refinery project. The practice is led by infrastructure, energy and natural resources partner Luis Marcelo De-Bernardis and environmental head Alberto Delgado.

Practice head(s):

Luis Marcelo De-Bernardis; Alberto Delgado V.

Testimonials

Miranda & Amado is very good. It has a practice of extensive topics and is very good quality.’

A great quality is their availability and good disposition. César Ramirez is excellent and Marifé Martinelli is very good.’

Personalised, professional treatment, as well as intimate knowledge of the laws and business and political environment of Peru, and knowledge of international laws.

Customer focus and international and local expertise.’

I would highlight the energy area led by Marifé Martinelli, the attention to the various topics that we have assigned to it. Always with a timely dedication, they have managed to maintain a level of care that gives us confidence in the management of our cases.’

The availability for attending to our cases despite having a high number of processes stands out; they have managed to attend to all of them with an adequate level of quality. For this reason, I highlight the great level of attention provided by Marifé Martinelli.’

Key clients

CNPC International

Repsol

Transportadora de Gas del Perú

Petróleos del Perú (Petroperú)

Primax

BPZ Exploración y Producción

Gas Natural de Lima y Callao (Cálidda)

Peru LNG

Ecopetrol

Korea National Oil Company

Perenco

Sterling Resources

Olympic Peru

Contugas

Work highlights

  • Advising Petróleos del Perú on the development and financing of the Talara crude oil refinery project for the modernisation and expansion of the refinery, worth $4.7bn.
  • Advising Colombian oil company Ecopetrol and South Korean counterpart Korea National Oil on the sale of Offshore International Group (OIG) – which operates oil fields in Peru purchased over a decade ago for $900m – to US investor De Jong Capital.
  • Representing Korean energy company SK Innovation in a potentional treaty claim against the Republic of Peru for blocking the billion-dollar sale of its gas investments in  the Amazon basin.

Energy and natural resources > Mining Tier 2

Miranda & Amado excels in corporate and finance transactions in the mining industry, but also provides a full-service offering that includes deep regulatory capability. The practice often works in tandem with the firm's tier one projects team to advise on the day-to-day operation of some of the largest mines in the country, such as Minera Chinalco Peru and Minera Las Bambas. Recent instructions include acting for Las Bambas on six leaseback and leasing facilities worth $105m in total, to be used to fund the operation of its mine in the Apurimac region in southern Peru. Clients benefit from two specialist mining law partners who remain directly involved or lead on the majority of mandates: head of practice Alberto Delgado, who focuses on transactional work within the sector; and Guillermo Bracamonte, who leads on commercial, transactions and regulatory mining matters. They are supported by a dependable second-line of five associates.

Practice head(s):

Alberto Delgado V.

Testimonials

Guillermo Bracamonte was very responsive and engaged.  He responded quickly to all queries and his work was very timely under pressure.’

The practice is comprised of highly-skilled individuals offering exemplary service in multiple fields.  The team works efficiently and provides great communication.  They are prompt and dedicated to their craft.’

The individuals we have worked with from the firm have all been the utmost professionals. Their specific knowledge and know-how makes them leaders in their field.’

Key clients

MCQ Copper (Mitsubishi Corporation)

Minera Las Bambas (MMG)

Rio Tinto

Strike Resources

Hochschild

Chinalco

Great Panther Silver

Mitsubishi Materials Corporation

Royal Gold

Nexa Resources

Minera Castor

Compañía Minera Antapaccay (Glencore)

Red Citadel Resources

Anglo American

Work highlights

  • Advising Minera Chinalco Peru on various aspects related to the operation of the Toromocho Mining Unit, such as regulatory matters and land management issues critical to its development.
  • Assisted Minera Las Bambas with six leaseback and leasing facilities worth $105m in total, which will be used to fund the operation of its mine in the Apurimac region in southern Peru.
  • Advising Great Panther on all its legal matters related to the development of its mining activities.

Peru > Insurance Tier 2

Miranda & Amado routinely advises Peru’s leading insurance companies on a broad spectrum of matters, including insurance product structuring, general regulatory, disputes and high-end corporate and finance transactions. Clients benefit from the support of the firm’s market-leading M&A and banking and finance teams in this regard. Notably, the practice is handling an increasing amount of work for local market leader, Rimac Seguros y Reaseguros, particularly on the regulatory side. Top-drawer advice is provided by head of practice Rafael Corzo, who is a combined banking and insurance specialist, in addition to leading partners from other practice areas, particularly Roberto MacLean (corporate) and Juan Luis Avendaño Cisneros (finance). Counsel Eduardo Wiese has over 30 years’ experience in banking and insurance regulatory work.

Practice head(s):

Rafael Corzo

Testimonials

The way in which the M&A team is composed is unique in the sense that profiles are selected not only based on knowledge and experience in the subjects, but also on the compatibility. They make sure people have a good match, and that attributes a lot to confidence and fluency.’

They know how to treat people, they are very professional but at the same time accessible. We faced many extreme schedules and commitments that they naturally knew how to handle, but they never lost their kindness, good treatment and the desire to have a good time. They managed to become part of the team, and propose constructive things even for the business. Recommend Rafael Corzo, Rafael Santin, Pablo Cassinelli and Alicia La Cruz.’

Broad management and knowledge of the issues; understanding of customer needs; efficient and timely advice; fluid interaction with the client; solid legal opinions; recognised professional careers; excellent availability to meet the client’s legal requirements.’

The firms strong points include grasp of the subject of their specialty, integrity, timely attention to the client’s needs, excellent treatment of the client and the ability to handle legal issues in the English language.’

Key clients

Rimac Seguros y Reaseguros

Peruvian Association of Insurance Companies (APESEG)

Banco Ripley Perú

AVLA Perú Compañía de Seguros

Fondo de Seguro de Depósito del Perú (Peruvian FDIC)

La Positiva Seguros y Reaseguros

Intercorp Financial Services and Interseguro Compañía de Seguros

Pacífico Compañía de Seguros y Reaseguros

Liberty Seguro

Work highlights

  • Advising AVLA Perú Compañía de Seguros in relation to the coverage of certain credit insurance policies where the insured is an important company in the oil commercialisation industry.
  • Advising Fondo de Seguro de Depósito del Perú (Peruvian FDIC) on certain regulatory aspects and in relation to the collection of the coverage of the Peruvian FDIC before a Peruvian financial entity in process of liquidation.
  • Providing ongoing, monthly advice to Rimac Seguros and its affiliate companies regarding insurance and corporate regulations, including, but not limited to, advice regarding the consolidation of officers before the Banking, Insurance and Pension Funds Superintendency; payroll deductions; and digital business in general.

Peru > Public law and regulation Tier 2

Miranda & Amado draws together a heavyweight multidisciplinary team to advise on the full scope of public law and regulatory issues, with particular expertise in energy and natural resources-related matters, infrastructure projects, regulatory, competition and dispute resolution. As a result, it acts for multiple leading companies from a broad spread of industries, such as Enel Distribución, Clorox and APM Terminals Callao.  Willy Pedreschi steers the practice and has a very broad personal practice, leading on a variety of the firm's headline matters. Other notable names include head of competition, Enrique Felices; counsel Marifé Martinelli, who is strong on electricity, oil and gas and water regulations; and from a pool of ten well-trained associates, Omar Alvarado and Fabiana Vittoria.

Practice head(s):

Willy Pedreschi

Key clients

Enel Distribución Perú

APM Terminals Callao

CenturyLink

Clorox Perú

Inca Rail

Tiendas por Departamento Ripley

SGS del Perú

Productos Tissue del Perú

Obrascón Huarte Lain

Work highlights

  • Advising CenturyLink ion the public procurement process conducted by the Peruvian government for telecoms services, as well as in the execution of the contracts subscribed to with the Peruvian government.
  • Providing administrative and regulatory advice to Inca Rail on its application to the Supervisory Agency for Investment in Transport Infrastructure for Public Use, (part of regulator OSITRAN), for mechanisms to guarantee fair competition between related and non-related companies to Fetransa (the concessionaire responsible for the administration of the railways) during the auction procedure for the designation of frequencies to provide transportation services on the Machu Picchu route.
  • Acting for Obrascón Huarte Lain in respect of its bid for the expansion of the north section of Cosac I from Naranjal Station to Chimpu Ocllo Avenue, Districts of Comas and Carabayllo in Lima.

Peru > TMT (Technology, media and telecoms) Tier 2

Miranda & Amado's telecoms and data protection practice group has a strong legacy in this arena. Despite losing marquee client Telefónica Peru due to a partner departure, it continues to advise multiple telecom service providers or related companies such as CenturyLink, Verizon and Intelsat on a range of regulatory matters, including administrative sanctioning procedures and public procurement. In the technology space, the firm acts for some leading internet companies, representing one on its agreement with the State government for the provision of services. Head of the firm's competition practice Enrique Felices brings broad expertise to his leadership of the team. He is supported by fellow partner and regulatory specialist Willy Pedreschi and six associates, including experienced telecoms lawyer Fabiana Vittoria.

Practice head(s):

Enrique Felices

Testimonials

A perfect combination of knowledge, experience, responsiveness and fast-delivery in their advice, while blending themselves with our in-house team to work together as a team.’

Associates Omar Alvarado and Ariana García Montufar are experienced, very responsive (which is very important for us since our company’s business moves at a fast pace) and reliable to solve any issue that may arise. They understand our company’s needs, and work hand in hand with our in-house team, while always being available and providing fast-delivery in their (very accurate) advice.’

Key clients

Grupo Ripley

DiDi Mobility Information Technology

Experian

Verizon

Ufinet

HSBC Bank USA

Citibank del Perú

CenturyLink Perú

Quanta Services

Intelsat US

Work highlights

  • Advising CenturyLink Peru (linked to Lumen Technologies) on administrative sanctioning procedures before OSIPTEL and public procurement processes conducted by the Peruvian government.
  • Advising Verizon on complex regulatory matters in order to determine the legal feasibility of launching new telecommunication products in the Peruvian market considering also the contractual and tax implications.
  • Acting for Quanta Services Perú and Energizando Ingeniería y Construcción in relation to large-scale telecom projects with significant implications as regards telecommunications infrastructure.

Peru > Labour and employment Tier 3

A young and ambitious team at Miranda & Amado advises a high-calibre client roster on demanding labour law matters, both contentious and non-contentious. It is steering several of its multinational clients, including adidas Peru and Clorox Peru, through the extensive employment implications of Covid-19, while more traditional instructions include representing Callao Salud and Villa María del Triunfo (IBT Group) in the negotiation of a collective bargaining agreement with their respective unions. Practice head Eric Castro leads a well-resourced team of 13 lawyers, including Carlos Cadillo, who was made partner in January 2021, plus two counsel (Fernando Rodríguez and Luis Santa Cruz) and nine associates. Sebastián Soltau, highlighted last year, left the firm in Sept 2020 to establish his own firm.

Practice head(s):

Eric Castro

Testimonials

I consider that it is a very outstanding team; mainly I highlight Fernando Rodríguez in the sense that he anticipates the needs of us as clients and he is always able to serve us and find time from somewhere.

Proactivity and thorough responses.’

We have worked particularly on collective bargaining processes with the firm and I highlight the analysis but above all the strategy that is carried out in each step of the negotiation.’

‘Re: Fernando Rodriguez, who is the legal advisor who accompanies us, I particularly highlight the assertive communication strategy that he proposes as well as his relationship with the Ministry of Labour, which helps to engage a good teamwork between the parties.’

The attorneys at this firm are concerned about knowing clients and having a bond of trust with them. They also know the market and what the national environment is like.’

Luis Santa Cruz has built a very professional relationship of trust with us as a company and with the union, so much so that our union leaders trust his legal criteria and ask him questions at the negotiating table. He has also been interested in training us as clients to be prepared at the negotiation table.’

Highlights are the permanent accompaniment by the firm’s lawyers in each of the processes that are carried out. Reliability – the firm’s lawyers give you confidence that the advice you receive is the best.’

I highlight the work of Eric Castro (partner) and Sofia Quiroz (accompaniment in legal procedures such as visas).’

Key clients

Química Suiza

Mexichem (Pavco Wavin – Orbia Group)

Corporación Turística Peruana – Atlantic City

Clorox Perú

Peruplast – Amcor Flexibles Lima

Rutas de Lima

Productos Tissue del Perú – Softys (part of CMPC)

IBT Group (Callao Salud and Villa María del Triunfo)

Operadora Ecológica del Titicaca (ICA, México)

Adidas del Perú

Work highlights

  • Representing Callao Salud and Villa María del Triunfo (IBT Group) in the negotiation of a collective bargaining agreement with the unions of each company (involving healthcare employees).
  • Advising Clorox Perú, Peruplast-Amcor, Productos Tissue del Perú and adidas Perú, among other companies, on the preparation of the personnel management plan, labour and communication strategy and measures resulting from the Covid-19 pandemic, to ensure business sustainability.
  • Advising Corporación Turística Peruana – Atlantic City, the managing company of one of the largest casinos in Peru, on a labour suspension process before the Peruvian Labour Office, covering 1000 employees, within the context of the quarantine ordered by the Government during the Covid-19 pandemic.

Peru > Tax Tier 3

Miranda & Amado handles all types of advisory, tax planning and transactional matters, as well as litigation before all levels of the courts and administrative bodies. Indicative of the calibre of expertise, head of practice Pablo Sotomayor is leading advice to Telefónica del Perú in a potentially leading case before the Tax Administration concerning a claim against a FITEL tax assessment for the years 2007 to 2014. While Sotomayor is the sole partner of the team, there is marked seniority at associate level, particularly in stand-out individual Luis Miguel Sánchez; the more junior Nicolás Valverde is also highlighted.

Practice head(s):

Pablo Sotomayor

Testimonials

The team is very professional. They have a lot of experience and excellent customer service.

Pablo Sotomayor is very responsive. He is directly involved and is very strong technically. Nicolás Valverde is an associate to follow.’

Strong points in the tax area are: knowledge of the company and our industry; easy access and contact; confidence; solid legal recommendations.’

Pablo Sotomayor knows the rules very well and how to apply them. His experience in the tax area generates a lot of confidence in us. Nicolas Valverde executes and puts into practice the agreed plans very efficiently.’

Solid and responsible.’

Its services are not only focused on solving specific questions that are asked but also on looking for alternatives that are outside the client’s spectrum, giving a more complete vision of the solutions.’

Key clients

SCOR Brasil Resseguros

The Vanguard International Group

Parque Arauco

Alicorp

Empresa Minera Los Quenuales

Siemens Perú

Transportadora de Gas del Perú (TGP)

Telefónica del Perú

Engie Energía del Perú

Tiendas Ripley / Banco Ripley

Prosegur

Minera Las Bambas

Arte Express

Work highlights

  • Representing Telefónica del Perú before the Tax Administration on a claim against a FITEL tax assessment for the years 2007 to 2014, a potentially landmark case.
  • Successfully represented Medic Ser before the Tax Court on a refund claim of real estate tax paid for the years 2012 to 2015 to the Local Government of Miraflores (LGM).
  • Providing tax advice to Bank of America, Citigroup, Credicorp and JP Morgan Securities in Banco de Crédito del Perú (BCP)’s $850m offering of subordinated fixed-to-fixed-rate notes due 2030 under its existing medium-term notes programme.

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. The firm has also been named ‘Peru Law Firm of the Year’ three times 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.

DepartmentNameEmailTelephone
Managing partner / Projects & Natural Resources / Environment Alberto Delgadoadelgado@mafirma.com.pe
Projects & Natural Resources Luis Marcelo De-Bernardisldebernardis@mafirma.com.pe
Corporate/Mergers & Acquisitions Luis Mirandalmiranda@mafirma.com.pe
Banking, Finance & Capital Markets Juan Luis Avendaño Cjlavendano@mafirma.com.pe
Dispute Resolution Jose Daniel Amadojdamado@mafirma.com.pe
Corporate/Mergers & Acquisitions Roberto MacLeanrmaclean@mafirma.com.pe
Insurance & Reinsurance / Bankruptcy Rafael Corzorcorzo@mafirma.com.pe
Corporate/Mergers & Acquisitions Bruno Amielbamiel@mafirma.com.pe
Dispute Resolution Santiago Carrilloscarrillo@mafirma.com.pe
Regulatory / Competition & Antitrust Enrique Felicesefelices@mafirma.com.pe
Banking, Finance & Capital Markets José Miguel Puiggrosjmpuiggros@mafirma.com.pe
Dispute Resolution Mauricio Raffomraffo@mafirma.com.pe
Dispute Resolution Cristina Ferrarocferraro@mafirma.com.pe
Real Estate Claudia Lucenaclucena@mafirma.com.pe
Corporate/Mergers & Acquisitions Nathalie Paredesnparedes@mafirma.com.pe
Dispute Resolution Giovanni Priorigpriori@mafirma.com.pe
Projects & Natural Resources / Environment Guillermo Bracamontegbracamonte@mafirma.com.pe
Tax Pablo Sotomayorpsotomayor@mafirma.com.pe
Corporate/Mergers & Acquisitions Juan Mirandajmiranda@mafirma.com.pe
Banking and Finance, Capital Markets Alvaro Del Valleadelvalle@mafirma.com.pe
Labour Eric Castroecastro@mafirma.com.pe
Banking, Finance & Capital Markets Gabriela Dañinogdanino@mafirma.com.pe
Insolvency & Restructuring Renzo Agurtoragurto@mafirma.com.pe
Regulatory & Administrative Willy Pedreschiwpedreschi@mafirma.com.pe
Projects & Natural Resources Isabel Lirailira@mafirma.com.pe
Labour Carlos Cadilloccadillo@mafirma.com.pe
White-Collar Crime & Compliance José Luis Velardejlvelarde@mafirma.com.pe
White-Collar Crime & Compliance Rafael Díazrdiazo@mafirma.com.pe
Dispute Resolution Luis Alonso Navarrolnavarro@mafirma.com.pe
Projects Isabel Lirailira@mafirma.com.pe
Partners : 29
Counsels : 8
Associates : 68
Total staff : 200+
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Partners : 25

A work visa for a foreign professional: how long does it take to obtain and what alternatives are there to speed up this process?

  • This requirement is critical for payroll registration, a process conducted by Human Resources areas of hiring companies.

Diversity and equality, two pillars at Miranda & Amado

Striving to reinforce a culture of equality, the Firm has defined the importance of individualizing the diversity and inclusion approach in a new ad hoc committee, whose mission is to ensure that all members at Miranda & Amado can develop fully and on an equal footing.