Firm Profile > White & Case S.C. > Mexico City , Mexico
White & Case S.C. Offices
TORRE DEL BOSQUE - PH, BLVD. MANUEL AVILA CAMACHO #24
COL. LOMAS DE CHAPULTEPEC
11000 CIUDAD DE MÉXICO
White & Case S.C. > The Legal 500 Rankings
Capital markets Tier 1
The 25-strong team at White & Case S.C. handles a broad range of transaction types and regulatory mandates and has particular strength in debt operations; as part of a global firm, it also accesses considerable international work. Clients appreciate its ‘solidity’ and its ‘remarkable understanding of and networking with the regulatory authorities’. The practice continues to represent long-standing client, state-owned electricity company Comisión Federal de Electricidad (CFE), as Mexican and New York counsel with regard to the first publicly traded Fibra E (energy and infrastructure investment trust) focused on Mexico’s electricity transmission sector (alos the first publicly-traded company sponsored by CFE); advised Grupo Financiero Banorte on its $1.4bn acquisition, by way of a merger, of Grupo Financiero Interacciones, with payment in stock issues by the client combined with a cash component; and Scotiabank; Citibanamex, Santander, and Actinver as underwriters on a securitisation of Engencap Capital's lease portfolios through a $504m issuance programme of trust debt certificates (certificados bursátiles fiduciarios). Juan Antonio Martin, Vicente Corta, and Manuel Groenewold co-head the practice; relevant support comes from Carlos Mainero, Sergio Márquez, Eric Quiles, and Andrés Mosqueira. In a notable incorporation, Arcelia Olea Leyva joined the firm having previously been vice president of regulatory affairs at the Banking and Securities Commission (CNBV - Comisión Nacional Bancaria y de Valores). Other clients include BlackRock, BNP Paribas Personal Finance, BIVA, Casa de Bolsa BBVA Bancomer, Citigroup, Cydsa, Fin Útil, Fondo Especial para Financiamientos Agropecuarios, Goldman Sachs, Grupo Aeroportuario del Pacífico, JP Morgan, Morgan Stanley, SGFP México, Société Générale, HSBC, PayPal, and WhatsApp.
Banking and finance Tier 2
White & Case S.C.’s ‘dedicated’ and ‘well-prepared’ team ensures its ‘availability’, brings to the table a ‘great relationship with regulators’ and provides ‘depth of analysis and focus on each deal’. Representing national and international clients on inbound and utbound matters, it frequently teams up with sector specialists from across the firm’s network as required. Recent mandates include advising: Inversionistas en Autotransportes Mexicanos (IAMSA) on a $91.7m refinancing granted by Banco Nacional de Comercio Exterior to affiliate Omniair, and involving several other parties as obligors and guarantors; chemical company CYDSA, as borrower, in a $160m term loan credit facility granted by Banco Mercantil del Norte and Banco Nacional de Comercio Exterior as lenders, and Banco Nacional de Obras y Servicios Públicos as lender and guaranty and administrative agent; and Banorte on the aquisition-by-merger of Grupo Financiero Interacciones, a transaction valued at $1.4bn billion and including all the group’s banking, broker-dealer, insurance and asset manager subsidiaries. The practice also has a strong FinTech capabbility and advises clients such as PayPal. Highly-regarded practitioner Juan Antonio Martin co-leads the team with Vicente Corta; Francisco Garcia-Naranjo González, María Teresa Fernández Labardini, and Manuel Groenewold are also key lawyers, as is NYC-qualified Sean Goldstein -who shuttles between Meixco City and New York. The bench was further strengthened with the arrival of Arcelia Olea Leyva, previously General Counsel of the National Banking & Securities Commission (CNBV). Other clients include EDC, BBVA Bancomer, The Bank of Nova Scotia, PayJoy México, Afluenta, Credit Agricole, Morgan Stanley, Blackrock, and JP Morgan.
Bankruptcy and restructuring Tier 2
White & Case S.C.’s large team of 20 lawyers acts primarily on the side of banks and other financial institutions, and has a fine track record of participating in many of the largest bankruptcies and restructurings of the last decade in Mexico. For example, the team acted for state development bank, Banobras, in the bankruptcy proceedings for Abengoa México - one of the first court-assisted restructurings of an energy services company in Mexico; banks and export credit agency, Bancomext, in connection with all matters concernsing the bankruptcy proceeding of Desarrolladora Homex, one of the three largest developmers in Mexico; and it acted as receiver for Mexico’s Federal Deposit Insurance Agency (IPAB), in the first court-assisted liquidation of a bank –Banco Bicentenario– in Mexico. Vicente Corta leads the practie group, which also includes bankruptcy litigation specialist Enrique Espejel; Álvaro Garza-Galván, who brings expertise in transactional, finance and regulatory work; and Maria Teresa Fernández-Labardini, who covers compliance; Manuel Groenewold and Juan Antonio Martin are other names to note. Clients include Barclays Bank, BBVA Bancomer, Capital I Reserva, Deutsche Bank, HSBC, Morgan Stanley, SAE, Santander and York Credit Opportunities Fund.
Competition and antitrust Tier 2
White & Case S.C. has a strong track record in contentious and non-contentious antitrust matters. The team is led by the highly versatile Vicente Corta, and also includes Henri Capin Gally, and experienced administrative litigator Antonio Cárdenas. A major highlight was successfully guiding Kansas City Southern de Mexico towards a precedent-setting victory against COFECE concerning a disputed investigation into Mexico's railway industry. On the transactional front it advised Grupo Financiero Banorte on the clearance for its $1.4bn acquisition of Grupo Financiero Interacciones, making it the second-largest financial services group in Mexico.
Corporate and M&A Tier 2
White & Case S.C. has 'a great compliance and corporate team that delivers high quality advice', to both major domestic and international corporations. The firm has also invested heavily in its private equity capabilities, a move that has started to pay dividends with major instructions. The practice has been especially active in the financial services sector and recently advised Grupo Financiero Banorte on its US$1.4bn acquisition of Grupo Financiero Interacciones, becoming the second largest financial group in Mexico in the process. The team also represented Blackrock on its acquisition of Citibanamex's asset management business. The seven-partner team includes the highly rated Vicente Corta, Álvaro Garza-Galván, María Teresa Fernández Labardini ('one of the best lawyers I have worked with'), Henri Capin Gally, and Francisco García-Naranjo.
Dispute resolution Tier 2
White & Case S.C. is a popular choice for high-stakes domestic and international disputes, ranging from commercial, bankruptcy, administrative and constitutional litigations, to major international arbitrations. Recent cases include representing joint venture company Altán Redes in a major challenge against its successful bid to develop and deploy the Red Compartida shared wholesale telecoms services network. Arbitration expert Rafael Llano also led a multi-office team representing Telefonica in a major BIT claim against Colombia concerning the state's alleged expropriation of the company's investment. Other key individuals include commercial litigators Enrique Espejel and Daniel González, and administrative litigators Antonio Cárdenas and Ismael Reyes Retana.
Energy and natural resources Tier 2
White & Case S.C. has invested considerably in its energy practice over the past five years, an effort that is reflected in the ever-increasing status of the matters it is advising on. Moreover, its bench-depth was further extended in early 2019 with the recruitment of former Pemex general counsel Jorge Kim. The team handles a healthy mix of oil-and-gas, power and renewables work, including financings and infrastructure projects. It recently advised Mexico's state power company, Comisión Federal de Electricidad, on the launch of Fibra E, a publicly-traded energy-and-infrastructure investment trust focused on Mexico's electricity transmission sector. Francisco De Rosenzweig leads the team, which includes key contacts Vicente Corta, Roberto Rios, and the newly-promoted Juan Ruenes.
Projects and infrastructure Tier 2
White & Case S.C. regularly advises on major infrastructure projects, particularly in the oil-and-gas, power and telecoms industries. The practice recently advised Comisión Federal de Electricidad-subsidiary, CFEnergía, on a joint venture with Andeavor to build and operate a refined products terminal at the CFE's Rosarito storage facility. The team also advised CFE on a project to repower the fuel supply system at its Petacalco thermal-power plant. As well as public sector clients, the team regularly represents investors, including BlackRock, and lenders, such as Morgan Stanley and Citibanamex, as well as oil-and-gas companies. The firm has several experienced and versatile partners, including Vicente Corta and Francisco De Rosenzweig.
TMT Tier 2
Ismael Reyes Retana Tello leads the 9-strong practice at White & Case S.C., which boasts some high-profile clients and expertise in telecommunications litigation, transactional, regulatory, infrastructure, and finance matters, as well as strength in the satellite sector. The team continued to assist key clients Telefónica, in a case challenging resolutions issued by the FTI linked to interconnection tariffs between the client and other telecommunications operators; and Televisa, on several legal and regulatory matters, including in relation to the repercussions of new legislation in the sector, the client’s legal strategy for new business, and disputes. In another highlight mandate the practice is representing Sky in contentious proceedings before the federal courts and the Supreme Court against a ruling issued by the FTI declaring that the broadcaster holds market power in the pay-tv sector, which could potentially lead to the company’s breakup. Alongside Reyes Retana, others names to note are Antonio Cárdenas and associates Yuriria Galicia Arizmendi and Fernando García Gómez. Other clients include Altán Redes, Goldman Sachs, Innova, MXT Towers, and ViaSat.
Environment Tier 3
White & Case S.C. handles a broad range of environmental matters for its clients, including major corporations, financial institutions and alternate capital providers. The 'very responsive' counsel Pedro Morales is considered 'a true specialist that understands the law and is capable of offering different solutions'. The team recently advised Grupo Barramar on issues linked to the construction and operation of the Isla Navidad and and Punta Vela resorts, the former of which includes two hotels, a marina and golf course spread across a 500-hectare complex. Other clients include Nestlé, CFE and Sonoco.
Real estate Tier 3
White & Case S.C. advised longstanding client Kansas City Southern Mexico on real estate and environmental issues regarding the development of a major oil-products terminal in the state of San Luis Potosi, undertaken as a joint venture with Valoran and Watco. It also provides regular real estate and environmental advice to Grupo Barramar, including with regard to the Isla , comprising a 500-hectare Isla Navidad project and the Punta Vela development, which includes a hotel, residences and a marina; and continued to assist Fibra Shop on multiple acquisitions, notably those of shopping centres "La Perla" in Jalisco ($76m), "Sentura" in Tlanepantla $22m), and "Puerta La Victoria" in Querétaro ($145m). Other matters included advising Sonoco regarding the leases for its Mexican operations. The 10-lawyer team is co-lead by Álvaro Garza-Galván and counsel Pedro Morales; Vicente Corta, Carlos Mainero and Francisco García-Naranjo are other names to note.
Tax Tier 3
White & Case S.C. continues to act as Mexican tax counsel to Kansas City Southern in a private ruling case before the SAT related to VAT charged on global transport services that begin outside Mexico and terminate in-country. In other recent work it represented Newmont Mining Corporation in the $10bn acquisition of Goldcorp; and, working with the New York-office, represented CFE (and wholly-owned subsidiaries, CFE Transmision and CFE Capital), on its $879m public global offering of FIBRA E energy-and-infrastructure trust certificates - the first issuance of this type of securities in Mexico's energy sector. The cited highlights reflect the practice group’s orientation towards representing clients in the field of financial services taxation, on projects and mergers and acquisitions, and in high-stakes tax litigation cases, calling on the firm’s international network as necessary. The ‘excellent’ young partner Guillermo Aguayo leads an eight-strong team, other members of which include: Ismael Reyes Retana, Antonio Cárdenas , and associate Andrés Gonzalez-Meyer, all of whom are litigators; and the very active Juan Ignacio López, also an associate. Afirme Grupo Financiero is another client.
White & Case S.C. > Firm Profile
Clients have turned to White & Case for sophisticated counsel on challenging cross-border issues since 1991, when the government authorized it as the first global law firm to practice under its own name. White & Case offers deep knowledge on local, regional and global levels. The team in Mexico is a premier group of attorneys recognized as strategic advisors in major transactions. The firm includes 21 partners, four counsels and 45 associates, including attorneys trained and admitted to practice law in the United States. The firm focuses on areas of specific opportunity. It is well versed in local laws, and it understands the potential impact of regulatory change on business. It is at the forefront of recent developments in applicable legislation and government practice in Mexico.
Recognized for their longstanding relationships with local business leaders, key financial institutions, state and federal government authorities as well as representatives of key regulatory bodies, the firm’s lawyers in Mexico offer highly specialized and integrated services and have been leading innovative and complex transactions.
Areas of practice
Capital markets: vast experience in local and international debt and equity offerings, tender offers, securitizations, private equity and derivatives.
Banking and finance: vast experience in secured and unsecured financings, and regulatory issues.
Mergers and acquisitions: vast experience providing advice to leading investment banks and local and foreign companies.
Bankruptcy and restructuring: providing advice and developing innovative solutions for all restructuring situations, both in respect of contractual renegotiations and litigation.
Project and equipment finance: advising on the structuring, development and financing of energy, transportation, natural resource and infrastructure projects across various industries.
Competition and antitrust: vast experience representing clients in all phases of merger control investigations and clearances, witnesses, subjects, targets and defendants in complex antitrust investigations, including cartels and abuse of dominant positions.
Real estate: advising on a full range of activities, including financing structures, regulatory and remedial matters.
Dispute resolution: including litigation and arbitration, with experience in arbitration, constitutional, administrative and commercial litigation, and regulatory advice.
TMT: industry knowledge and experience as advisers to players in relation to the regulatory and legislative concerns of the industry in Mexico and major cross-borders.
Aviation: providing advice to global and domestic aviation industry players in all aspects of their investment and operations, relevant projects, finance, corporate, regulatory and disputes.
Shipping: advises on all issues across the maritime sector, including restructurings, refinancings, capital raising, M&A and private equity transaction and disputes.
Energy: advising on all energy matters, including oil, gas, petrochemical, power, wind and water.
Environmental and climate change: advice and assistance in all aspects of environmental law, climate change, renewable energies and clean technologies.
Tax: the firm provides tax advice and represents clients on a wide range of complex tax-related matters.
|Banking||Juan Antonio Martín|
|Banking||María Teresa Fernández|
|Capital markets||Juan Antonio Martín|
|Capital markets||Manuel Groenewold|
|Capital markets||Vicente Corta|
|Capital markets||Carlos Mainero|
|Capital markets||Romeo Vizzani|
|Project finance, infrastructure and energy||Sean Goldstein|
|Project finance, infrastructure and energy||José Ignacio Segura|
|Project finance, infrastructure and energy||Francisco De Rosenzweig|
|Project finance, infrastructure and energy||Vicente Corta|
|Project finance, infrastructure and energy||Daniel Sánchez|
|Project finance, infrastructure and energy||Roberto Ríos|
|Project finance, infrastructure and energy||Juan Ruenes|
|Dispute resolution||Ismael Reyes|
|Dispute resolution||Enrique Espejel|
|Dispute resolution||Rafael Llano|
|Dispute resolution||Antonio Cárdenas|
|Competition and antitrust||Iker Arriola|
|Competition and antitrust||Henri Capin|
|Bankruptcy and insolvency||Vicente Corta|
|Bankruptcy and insolvency||Enrique Espejel|
|Bankruptcy and insolvency||María Teresa Fernández|
|Bankruptcy and insolvency||Juan Antonio Martín|
|Bankruptcy and insolvency||Álvaro Garza|
|Corporate and M&A||Raúl Fernández|
|Corporate and M&A||Iker Arriola|
|Corporate and M&A||Álvaro Garza|
|Corporate and M&A||Henri Capin|
|Corporate and M&A||Francisco García-Naranjo|
|Real estate||Raúl Fernández|
|Mr Guillermo Aguayo||View Profile|
|Mr Vicente Corta Fernández||View Profile|
|Mr Francisco De Rosenzweig||View Profile|
|Mr Enrique Espejel||View Profile|
|Ms María Teresa Fernández Labardini||View Profile|
|Mr Francisco Garcia-Naranjo González||View Profile|
|Mr Álvaro E. Garza-Galván||View Profile|
|Mr Sean Goldstein||View Profile|
|Mr Manuel Groenewold||View Profile|
|Mr Rafael Llano Oddone||View Profile|
|Mr Juan Antonio Martín||View Profile|
|Mr Ismael Reyes Retana Tello||View Profile|
|Mr Daniel E. Sánchez||View Profile|
White & Case S.C. > Firm Profile
White & Case is a global law firm with a longstanding presence in the markets that matter today. The firm’s on-the-ground experience, cross-border integration and depth of local- and US-qualified lawyers help clients work with confidence in any one market or across many.
United States: Merger Control
Published: December 2019
Authors: Anna Kertesz Daniel Rosenthal
This country-specific Q&A provides an overview to Merger Control laws and regulations that may occur in United States.
EU: Merger Control
Published: December 2019
Authors: Axel Schulz Jan Jeram
This country-specific Q&A provides an overview to Merger Control laws and regulations that may occur in EU.
Published: November 2019
Authors: Karsten Wöckener Daniel Gillenkirch Daniel Sander
This country-specific Q&A provides an overview to Blockchain laws and regulations that may occur in Germany.
Italy: Merger Control
Published: December 2019
Authors: Veronica Pinotti Martino Sforza
This country-specific Q&A provides an overview to Merger Control laws and regulations that may occur in Italy.