Payet, Rey, Cauvi, Pérez Abogados > Lima, Peru > Firm Profile

Payet, Rey, Cauvi, Pérez Abogados > The Legal 500 Rankings

Peru > Banking and finance Tier 1

At 35 lawyers strong, Payet, Rey, Cauvi, Pérez Abogados fields one of the largest banking and finance groups in the country. Well known in the market for handling the structuring and implementation of complex transactions and financial products (both domestically and internationally), the practice counts medium and long-term loan mandates (syndicated or otherwise), project finance, securitisation transactions and acquisition financing, for both borrowers and lenders, among its broad range of areas of expertise. Deeply knowledgeable founding partner José Antonio Payet co-leads the team in conjunction with the similarly experienced José Cúneo: Payet is recommended for the full range of financial transactions and related matters; Cúneo for his broad financial practice and particular experience of transactions in the mining industry. Eduardo Vega, in turn, heads the finance and capital markets practice, while Giovanna  García is the name to note for project finance and investment funds work, along with finance-related corporate matters. Recently promoted partner Alan García Nores handles both corporate and financial law (and is notably active for banks and financial institutions), Principal associate Rocio Gordillo 's practice covers banking and finance, capital markets and corporate law.

Peru > Capital markets Tier 1

Under the leadership of José Antonio Payet and Eduardo Vega, Payet, Rey, Cauvi, Pérez Abogados continues to handle some of the largest deals in the market, acting for financial institutions on a range of matters, including the structuring of public offerings, take-over bids, exchange offers and the delisting of securities. It has recently been working with the Lima Stock Exchange in relation to various regulatory proposals to boost local capital markets deals and increase the liquidity of the Lima Stock Exchange. Key practitioner José Cúneo advises domestic and international clients on a range of transactional matters and has particular experience of the mining industry. Vega is a name to note for the structuring and issuance of debt and equity transactions, while Alan García Nores , who was promoted to the partnership in December 2021, acts for banks and financial institutions on domestic and cross-border transactions and financial products. Principal associate Rocio Gordillo has extensive experience in structuring and issuance of debt and equity transactions, financing, investment funds, securitization and mutual funds.

Peru > Competition and antitrust Tier 1

Payet, Rey, Cauvi, Pérez Abogados’ competition and antitrust team is well respected in the market and has a high-profile for its experience in a range of cross-border mandates, including advisory work, investigations, and administrative and judicial litigation. The team – which often acts for clients in class action and private enforcement cases relating to consumer protection, advertising claims and unfair competition matters – is co-lead by senior figure Carlos A. Patrón and  Julia Loret De Mola, who was promoted to the partnership in December 2021. Inordinately experienced, Patrón has had an illustrious career which included a stint at INDECOPI, the authoring of industry publications and working abroad at a large international law firm; Loret de Mola, in turn, is recommended for competition matters, and  administrative and commercial law. Principal associates David Kuroiwa and Giancarlo Baella both handle commercial and administrative law matters, with the former additionally focusing on antitrust and IP-related matters, and the latter on competition.

Peru > Compliance Tier 1

Highly active in the market, Payet, Rey, Cauvi, Pérez Abogados’s compliance team acts for domestic and international clients on crime prevention, criminal investigations and the implementation of compliance controls. Under the leadership of Carlos Patrón, José Cúneo and Juan Diego Ugaz, the practice continues to assist clients with issues related to anti-money laundering, antitrust, financial matters, employment, health and safety, and environmental risk. Patrón is recommended for the implementation of antitrust compliance programs mandated by the National Institute for the Defence of Competition and the Protection of Intellectual Property (INDECOPI); and Ugaz is a name to note for criminal law, alongside Francisco Ugaz, who was promoted to the partnership in December 2021 and acts for clients in the infrastructure, financial, and oil-and-gas sectors. Principal associate Giancarlo Baella is recommended for competition, administrative and commercial law, and associate Erick Palao is another name to note. Since research concluded the firm has announced the hire of Ivan Meini (effective, September 2022); a renowned academic who also has a lengthy public-sector curriculum; he handles both white-collar and compliance matters.

Peru > Corporate and M&A Tier 1

The corporate team at Payet, Rey, Cauvi, Pérez Abogados is well known for operating at the top of the market under the leadership of José Antonio Payet and Susan Castillo. Founding partner Payet focuses on commercial matters, M&A, and financial transactions, acting for both public and private companies. Castillo offers similar experience, with ancillary expertise in civil law, banking and finance, and capital markets. Other key partners include Juan José Cauvi, Alonso Rey and former principal associate Alan García Nores, who was raised to the partnership in January 2022. Senior associate Guillermo Arribas is also noted. Clients typically range from industrial buyers or sellers, investment banks, private equity firms or family-own conglomerates.

Peru > Dispute resolution Tier 1

Payet, Rey, Cauvi, Pérez Abogados is sought out by high-profile domestic and international clients for advice on civil, commercial, corporate, regulatory, and enforcement-related disputes. It has considerable experience litigating contentious administrative cases and handles shareholder lawsuits and business recovery matters. The team is jointly led by Julio César Pérez and Mario Reggiardo: Pérez focuses on litigation, arbitration, constitutional procedural law and commercial law, and Reggiardo is recommended for international commercial arbitration and also has experience of ICC arbitrations. Luis Bustamante was recently promoted to partner and is a name to note for commercial, civil and administrative litigation, while principal associate Mayra Bryce counts large banks among her clientele and is experienced in international litigation and investment arbitrations. Fellow principal associate Micaela Ortiz has experience of arbitration in the corporate and construction sectors, with clients highlighting ‘her high capacity for analysis, quick responses and creativity to design strategies.’

Peru > TMT (Technology, media and telecoms) Tier 1

The TMT team at Payet, Rey, Cauvi, Pérez Abogados  has considerable experience representing clients in administrative procedures before regulators such as the Ministry of Transport and Communications (MTC) and OSIPTEL, as well as before judicial courts and arbitration. Catering to a range of clients, the practice has particular experience in the telecoms sector where it represents some of the country’s largest operators. Gerardo Soto co-leads the team and focuses on regulatory and administrative work, frequently defending clients before the regulators. Fellow practice co-head Carlos Patrón is a key name for competition and antitrust matters, while principal associate Giancarlo Baella also handles competition issues, as well as administrative and commercial matters. Senior Associate Carlos Baldeón focuses on telecoms, regulatory and public law, and is experienced in investigations and contentious matters; principal associate David Kuroiwa is also active in the sector.

Energy and natural resources > Electricity Tier 2

Payet, Rey, Cauvi, Pérez Abogados advises large international and domestic energy companies on day-to-day issues, administrative proceedings, corporate matters and arbitration. It has specialist knowledge of compliance issues in the energy industry, as well as the regulatory requirements to operate as a power transmission concessionaire. The team is led by Gerardo Soto who is head of the firm's regulatory and administrative law practices; he focuses primarily on the energy, telecoms and transport infrastructure sectors. Principal associate Mayra Aguirre is also a key practitioner; a specialist in electricity regulation and administrative law, she handles a broad range of matters in the electricity sector, including licensing and permitting, project execution and other regulatory and public law matters.

Peru > Projects and infrastructure Tier 2

Payet, Rey, Cauvi, Pérez Abogados is a go-to destination for private, domestic and foreign corporations from a range of sectors engaged in the development and financing of infrastructure and energy projects, including highways, ports, airports, pipelines, power plants, electrical transmission lines and wastewater treatment plants. On the project design front, the team advises on the contractual, tax, and regulatory aspects, while also offering expertise in construction, corporate and environmental issues. The group is managed by corporate and financing practitioner Juan Antonio Egüez, regulatory and administrative partner Gerardo Soto, and Giovanna García, who handles local and cross-border finance transactions. Counsel Karen Ángeles is a name to note for public and administrative law, the latter of which is also an area of particular focus for principal associate Michelle Aramburú.

Peru > Public law and regulation Tier 2

Payet, Rey, Cauvi, Pérez Abogados offers clients ‘highly trained, super-professional lawyers who provide effective solutions’. Its regulatory and administrative law practice group is led by Gerardo Soto and handles administrative procedures before all government entities, including ministries, regulatory agencies and local governments as well as a full range of advisory assistance. The team acts for clients in the energy, mining, telecoms and transportation sectors, among others, on procurement processes, PPPs, concessions, permits, licenses and regulatory matters. Soto is well versed in representing clients before regulatory agencies, such as OSINERGMIN, OSITRAN and INDECOPI; while counsel Karen Ángeles, who has in-house and public sector experience, is a name to note for Works for Taxes and PPP projects, among other issues. Principal Associate Michelle Aramburú has notable experience in infrastructure matters.

Energy and natural resources > Mining Tier 3

Payet, Rey, Cauvi, Pérez Abogados frequently advises on financing for mining projects, counselling both the recipient mining companies and the lending financial institutions. Lead partner José Cúneo recently led the team advising the underwriters on Minsur’s issuance of notes worth $5oom and financing worth $300m; and also assisted multiple banks with guarantee letters for Compañía de Minas Buenaventura. Beyond financial matters, the practice handles all legal aspects relevant for mining activities, including titling and real estate, environmental and social aspects, regulatory compliance, project development and construction, and tax and labour issues. Other matters saw counsel Angel Chavez assist the team that undertook the purchase of the Lagunas Norte gold mine by Boroo Pte, involving a corporate reorganisation of the target company.

Peru > Environment Tier 3

Led by counsel Vanessa Chávarry, who focuses on compliance with environmental regulations, Payet, Rey, Cauvi, Pérez Abogados advised the Smithsonian Conservation Biology Institute on Peruvian regulations regarding its studies on biodiversity and forests in the country. The team also acts for the firms strong banking and finance client roster, advising financial institutions on the environmental risks related to their operations, and on the developing of the environmental clauses of loan agreements related to the emergent 'green financing' segment; it has acted for for Credicorp Capital Financial Services and Banco de Crédito del Perú, on such matters. Mining and agriculture are other sectors in which the team has been active, primarily in terms advising on environmental impact assessments and permits, and performing environmental and social audits.

Peru > Labour and employment Tier 4

Clients appreciate the ‘openness and willingness to receive different points of view‘ at Payet, Rey, Cauvi, Pérez Abogados, where the labour and employee benefits department handles contract terminations, union disputes and advice on Covid-19 regulation compliance. Practice co-heads Cristina Oviedo and Brian Ávalos (who made partner in January 2022) also specialise in procedural and pension law. Other work ranges from handling judicial disputes and payroll reviews by the Peruvian Tax Authority to designing recruitment policies and implementing salary and labour benefit structures, as well as cost reduction strategies. Associate Martín Ruggiero ‘stands out from the rest for his experience in both the private and public sectors‘.

Peru > Real estate Tier 4

Payet, Rey, Cauvi, Pérez Abogados advises on due diligence reviews and commercial or industrial real estate acquisitions, as well as property residential transactions, construction, financing, real estate proceedings. Alfredo Chan brings M&A and arbitration expertise to this space; he co-heads the practice alongside corporate partner Giovanna García. The team counts developers, specialist real estate funds and financial institutions on its client roster, with FIBRA Prime remaining a prominent current client. Other key contacts come from a wide pool of associates include principal Guillermo Arribas specialises in civil law, real estate law, M&A and arbitration, and has considerable real estate transactional experience; while senior Roberto Gutierrez  specialises in regulatory real estate matters and real estate law.

Peru > Tax Tier 4

The tax department at Payet, Rey, Cauvi, Pérez Abogados is closely aligned with the firm’s corporate offering. Vanessa Watanabe‘s team of ‘high-level professionals' provides consulting services, advice on special audit assignments and acts on contentious matters before the Peruvian Tax Court and Judiciary - usually for clients in the retail, mining, energy and finance sectors. Principal associate Lisset López specialises in wealth management consultancy along with digital and cryptocurrencies taxation; while senior associate Renzo Grández is appreciated for her ‘experience in the business'.