Firm Profile > White & Case S.C. > Mexico City, Mexico
White & Case S.C. Offices
Torre del Bosque - PH
Blvd. Manuel Avila Camacho #24
White & Case S.C. > The Legal 500 Rankings
Capital markets Tier 1
The 24-strong team at White & Case S.C. undertakes a broad array of transaction types and regulatory mandates and has particular strength in debt operations; moreover, as part of a global firm, it also accesses considerable international work. The practice continues to represent long-standing client state-owned electricity company Comisión Federal de Electricidad (CFE), most recently as Mexican counsel on its $615m notes offering on the BMV's International Quotation System (SIC), and which was listed on the Taipei and Luxembourg stock exchanges. Juan Antonio Martín, Vicente Corta and Manuel Groenewold co-head the practice. Martín, who focuses on securities, domestic and cross-border financings, securitizations and derivatives, is very much the cornerstone of the practice. Corta focuses primarily on the finance sector itself, his recent work including advising Banorte on a capital notes issue, as well as deep involvement in the establishment of Mexico's new BIVA stock market. Groenwold focuses on securities offerings (including Rule 144A/Reg S), subordinated notes, FIBRA-Es, CKDs and other structured securities. Banking and regulatory (both financial and securities) partner Andrés Mosqueira's recent mandates include advising Banco Multiva and Grupo Financiera Multiva on the establishment of a MXN$10bn notes program. Other key members of a deep bench are Carlos Mainero, who focuses on capital markets and financial regulatory advice; Álvaro Garza-Galván, who advises on transactional and regulatory capital markets and insolvency matters; and Sergio Márquez, who was promoted to partner back in January 2019 and focuses on capital markets, M&A, and banking and finance. Former vice president of regulatory affairs at the Banking and Securities Commission (CNBV) Arcelia Olea Leyva is also an integral member of the team, as are counsel Romeo Vizzani, who has over 20 years' experience in capital markets, corporate law and regulatory matters; and experienced senior associate Eric Quiles, who is one to watch.
Banco Mercantil del Norte (Banorte)
Comisión Federal de Electricidad (CFE)
Citigroup / Citibanamex Casa de Bolsa
Fondo Especial para Financiamientos Agropecuarios (FEFA)
Grupo Aeroportuario del Pacífico (GAP)
Instituto del Fondo Nacional para el Consumo de los Trabajadores (INFONACOT)
Corporate and M&A Tier 1
White & Case S.C.'s highly reputed, 19-strong practice is often the first choice for both major domestic and international corporations that value their ‘perfect skills, very good negotiating capacity and excellent relationship with regulators’. The team, made up of an ‘excellent’ group of partners, is co-led by Francisco Garcia-Naranjo (high-end corporate advisory and transactional mandates), and Álvaro Garza-Galván (corporate / M&A). Additional key members include Henri Capin Gally, who, prior to his return to the firm in 2105, was head of Time Warner’s Latin America M&A division; the multi-faceted Vicente Corta (complex and cross-border M&A), and younger partners Mauricio Valdespino (M&A, private equity and corporate transactions); and Sergio Márquez (M&A, Capital markets, banking). Recent matters saw Corta co-lead with New York-based colleagues on Caisse de Dépôt et Placement du Québec (CDPQ)'s $500m investment in Sanfer; and Capin advise OcenaPact on structuring a joint venture with Mexmar to offer integrated offshore oilfield emergency response solutions.
‘For us this is a fairly strong team compared to teams from other law firms, firstly because of the preparation and training they have and secondly because they make objective analysis of the existing regulations giving assurance about the concepts they grant as well as recommendations.‘
‘They are close and always available. They have experience in the matters on which they’re consulted and they know the casuistry. Excellent integration between local teams and external offices. Vincente Corta and Alvaro Garza.‘
‘Considerable knowledge, precision and internal organization is demonstrated due to the volume of documents and operations that are carried out simultaneously. Additionally, disposition and communication are essential. They have perfect skills to achieve the required times for closing transactions. Very good negotiating capacity with the counterparty and excellent relationship with regulators. Among others, Vicente Corta, Manuel Groenewold, Álvaro Garza, Teresa Fernández, Romeo Vizzani, Rebeca García, Federico Ã lvarez and Andrés Calderón stand out.’
White & Case S.C. has provideded litigation services in Mexico for over 30 years, a ‘unique’ practice according to clients, in terms of its combination of the experience and know-how of lawyers trained in both the public and private sectors. Its ‘quick responses to the most complex issues’ has made the firm a popular choice for significant domestic and international disputes, ranging from commercial cases to bankruptcy, administrative and constitutional litigation, as well a major international arbitrations. A specialist in regulatory, administrative and constitutional litigation, Ismael Reyes Retana Tello is particularly known for TMT-sector disputes; while Enrique Espejel focuses on 'high-stakes' commercial disputes and financial services-related arbitration. Antonio Cárdenas ‘stands out for his argumentation abilities in court’, and Daniel González, primarily a civil and commercial litigator, also handles contentious bankruptcy, amparo and white-collar cases. Headline mandates saw the team obtain a Supreme Court confirmation of the constitutionality of joint venture Altán Redes' successful public bid to build the MXN$7bn shared-telecoms network known as Red Compartida; and represent Televisa's cable companies before the Federal Telecommunications Institute and Federal courts, against several infringements allegedly committed by dominant market player, America Móvil. A strong second line includes senior associate, Fernando García Gómez, who primarily focuses on constitutional and administrative disputes; and associate Yuriria Galicia (administrative, constitutional and commercial litigation); both are noted.
‘Excellent coordination and teamwork. Discussion and scenario analysis to define the best strategy. Outstanding attitude and service. Ismael Reyes Retana and Fernando Garcia.‘
‘They are experienced attorneys who have the knowledge and skills necessary to litigate matters in the Mexican jurisdiction. Ismael Reyes and Antonio Cardenas stand out for their argumentation abilities in court. They are bold in transmitting their knowledge orally and in writing to judges and clients. They know in depth the characteristics of the Mexican jurisdiction. Invite the client to make reasonable decisions at trial.‘
‘Strengths and skills: efficient teamwork, in-depth case analysis, broad subject knowledge. Pros: lawyer quality, very high profile. Plus: knowledge of the subject, ability to respond ad hoc to customer needs.‘
‘White & Case’s administrative litigation area is unique, because it combines the experience of practicing lawyers trained in the public sector and in the private sector with more than 30 years of experience. In my experience with them I have seen that the practice of strategic litigation is outstanding in the way in which matters have been raised, such as, for example, in the case against the order to suspend teacher evaluations in some States of the Republic and more recently the matter that ordered the Mexico City Congress to appoint the InfoCDMX commissioners. Both cases were, in addition to high-quality strategic litigation, had national significance due to the repercussion of the judicial decisions involved. An advantage over other law firms is that at W&C teams with the firm’s varied practice areas (even with international experience) can be very structured.’
‘The experience of the partners in this practice, Ismael Reyes Retana and Antonio Cardenas in matters of strategic litigation, is very relevant. I think they make a great pairing when addressing the issues, they always look for different and ingenious solutions. associates of the pyramid, specifically Pablo Vinageras, Yuriria Galicia and Fernando García, who are always willing and highly knowledgeable about the issues. One difference that I have found in all the members of this practice is the commitment and quick response to the most complex issues, which always contains a great knowledge of the issues, in my opinion that sets them apart from the competition.’
Kansas City Southern de México
Mexicanos Primero (Aprender Primero)
Sonoco (Tegrant de México)
Banking and finance Tier 2International full-service firm White & Case S.C. has a respected practice within the Mexican banking and finance arena. The ‘very complete’ team, which understands ‘the local and foreign needs of its clients’, has a solid track record acting on both the lender and the borrower side, as well as niche strength in all matters related to structured finance and securitizations, asset-backed financing, complex collateral structures and bank capitalization instruments. Senior partner Vicente Corta, who evidences high-level expertise on both the transactional and regulatory sides of the practice, co-heads the department, together with the ‘well-known’ Juan Antonio Martin, who specializes in bank finance transactions, including syndicated loans and asset-backed financings. Other noted practitioners include Maria Teresa Fernández-Labardini, Manuel Groenewold, Carlos Mainero and Andrés Mosqueira, who is developing an impressive practice in the fintech area. The group was further strengthened in February 2019 with the incorporation of partner Arcelia Olea Leyva, who joined from finance-sector regulator Comisión Nacional Bancaria de Valores (CNBV).
‘The team is very complete, its partners have extensive experience in the sector and understand both the local and foreign needs of its clients’
‘Juan Antonio Martín is a well-known lawyer in the sector, offering strategic and innovative solutions and participating directly in his clients’ queries’
‘Andrés Mosqueira’s level of work and responsibility is exceptional; it is not easy to find a transactional lawyer who is also an excellent regulatory lawyer and Andrés has these two qualities’
‘The partners have a great work ethic, knowledge and availability’
‘Certainly a reference in the industry’
‘Juan Antonio Martín has excellent knowledge of the legal and financial aspects of the industry. Extensive understanding of customer needs. Solid ethical conduct. Manuel Groenewold has a great deal of experience in complex matters, a capacity for synthesis and a practical approach’
Grupo Financiero Banorte
Citigroup – Citibanamex
The Bank of Nova Scotia
The Vanguard Group
Banco Santander (México)
LaSalle Investment Management
Bankruptcy and restructuring Tier 2
International firm White & Case S.C. has a respected Mexican bankruptcy practice, with proven expertise handling in- and out-of-court matters, primarily on the side of banks and other financial institutions. The department, which works seamlessly with other areas such as banking and finance, litigation and real estate, also stands out for its cross-border capabilities. Partners Vicente Corta and Álvaro Garza-Galván, who focus on out-of-court restructuring proceedings, co-lead the practice together with litigation specialist Enrique Espejel. Support comes from recommended practitioners Manuel Groenewold and Juan Antonio Martin.
Banco Mercantil del Norte
Banco Nacional de México
Capital I Reserva
York Credit Opportunities Fund
Competition and antitrust Tier 2White & Case S.C.'s respected practice has a solid track record advising an impressive portfolio of national and international clients from various industries on contentious and non-contentious matters. The department is led by Henri Capin Gally, who is praised by clients for his ‘excellent understanding of the legal and economic aspects applicable to matters of economic competition'; partner-level support comes from the multi-faceted Vicente Corta, administrative litigator and TMT specialist Ismael Reyes Retana, and skilled litigator Antonio Cárdenas. Recent matters include advising Kansas City Southern de México subsidiary Nafta Rail in gun-jumping proceedings before COFECE, after the regulator initiated proceedings against the company and its two partners for allegedly failing to obtain prior merger control authorization, only for the team to prove that relevant thresholds had not been breached when the case was brought.
Other key lawyers:
‘Henri Capin: very concrete and precise and has an excellent understanding of the legal and economic aspects applicable to matters of economic competition. In-depth knowledge of administrative litigation, expertise and technical knowledge.‘
‘Personalized attention and punctual support during the process. Ismael Reyes Retana is a lawyer with extensive experience. Antonio Cardenas, likewise, has extensive experience and good judgment in matters related to economic competition.‘
‘It is a practice that requires a lot of specialization, as well as in-depth analysis for the understanding of each case. The W&C team fully complies with it. The level of each lawyer is extraordinary. They have an excellent capacity for understanding, as well as communication with the authorities. Among others, partner Henri Capin, Germán Macías and Román González stand out.‘
Grupo Financiero Banorte
Caisse de dépôt et placement du Québec (CDPQ)
Compliance Tier 2White & Case S.C. has a ‘strong team with excellent response capacity and service time’, and is ‘highly recognized for its regulatory knowledge and how the regulator thinks', according to clients. The practice is co-led by Maria Teresa Fernández-Labardini (‘without a doubt, a benchmark in compliance issues in the financial industry'), Juan Antonio Martín, Enrique Espejel and Vicente Corta and plays to its strengths when acting in the finance and digital areas, with recent matters including regulatory and compliance work in relation to financial and fintech law; financial regulatory work regarding investment advisory services and payment services (both online and traditional), and advice regarding the growing area of internet service provision regulatory matters. Fernández-Labardini is a go-to figure on finance regulatory matters; her past experience includes roles as general technical director, secretary of the board of governors and vice president of regulatory affairs at the National Banking and Securities Commission, and she is also a former executive secretary/managing director of the Institute for the Protection of Bank Savings (IPAB). Martín also focuses on the financial sector (primarily fintech, payment systems/electronic banking, AML/KYC matters and outsourcing), as does Corta; while Espejel handles white-collar matters, including internal investigations and representing relevant parties in civil matters involving fraud, accounting and regulatory issues.
‘Strong team with excellent response capacity and service time. Teresa Fernandez: without a doubt, a benchmark figure in compliance issues in the financial industry. She is a very solid lawyer and knowledgeable in detail on regulatory issues; very aware of costs and time constraints.‘
‘In addition to being excellent, they have regulatory knowledge and know how the regulator thinks! Which gives them an advantage over any other firm in Mexico. The commitment to customer success is outstanding. I am delighted with them. It has the most robust and best prepared team in Latin America. The lawyers are careful, diligent, and take exceptional care of people and their business.‘
The Vanguard Group
The eight-strong practice group at international firm White & Case S.C.'s Mexico office is led by partner Rafael Llano Oddone; a well-known figure in international arbitration circles, he has considerable ICC and ICSID experience -particularly in relation to Peru and Paraguay- and is currently leading the firm's counsel to Telefónica in a $450m case against the Republic of Colombia. The office works in close conjunction with the firm's global practice (regional practice head Jonathan Hamilton, for example, is also acting on the Telefónica matter), which has seen the local team strengthened by the presence of international associate Mariele Coulet Díaz, currently on secondment from the firm's Paris office, while home-grown associate talent includes Juan Pablo Hugues.
‘The team that attended us had extensive knowledge on the subject in question. Lawyer Rafael Llano stood out in his promptness and extensive knowledge of the topics to be discussed.’
‘Extensive experience in international arbitration (ICC), an experienced and well-armed team throughout the value chain (from interns to partners).‘
‘Sara Madrid and Pedro Izquierdo – comprehensive understanding of the case and all its angles. Outstanding.‘
Kappes, Cassiday & Associates
Energy and natural resources Tier 2
The sizeable team at White & Case S.C. was reinforced during the course of 2019 with the hire of former Pemex general counsel, Jorge Kim and the raising of Juan Ruenes, himself the former GC of petrochemicals subsidiary Braskem Idesa, to the partnership. Highlight mandates saw the team participate in the first ever reserve-based lending transaction regarding upstream oil and gas assets in Mexico, involving Egyptian subsidiary, Petrolera Cárdenas Mora. Other matters include primarily project financings, the transfer of participating interests in hydrocarbons blocks, interconnection matters, bidding process, photovoltaic plant acquisitions and a midstream petroleum products project. The practice is led by Francisco De Rosenzweig, one of the foremost power regulatory specialists in the market; other key practitioners include Roberto Rios (energy & natural resources project finance, infrastructure and public-private partnerships); and multi-faceted banking, finance and insolvency partner Vicente Corta Fernández who lead on the $55m financing of the Laguna Solar project. Associates Juan Carlos Llorens (project finance, government procurement, regulation and banking; energy project development), and Carlos Estrada Lopez (hydrocarbon and electricity matters, project finance, and corporate day-to-day operations of energy sector companies), are both noted.
The Korea Development Bank
Colony Latam partners
Projects and infrastructure Tier 2
The sizeable team at White & Case S.C. was reinforced during the course of 2019 with the hire of former Pemex general counsel, Jorge Kim and the raising of Juan Ruenes (himself a former GC of Braskem Idesa), to the partnership. Highlight mandates saw the team participate in the first ever reserve-based lending transaction regarding upstream oil-and-gas assets in Mexico, involving Petrolera Cárdenas Mora. Other matters include primarily project financings, a midstream petroleum products project and transactional activty in the renewables segment. The practice is led by Francisco De Rosenzweig, one of the foremost electricity regulatory specialists in the market; other key practitioners include Roberto Rios (energy & natural resources project finance, infrastructure and public-private partnerships); and 'great professional', banking, finance and insolvency partner Vicente Corta Fernández. Associates Juan Carlos Llorens (project finance, government procurement, regulation and banking; energy project development), and Carlos Estrada Lopez (oil, gas and electricity matters, project finance), are both noted. However, Daniel E Sánchez left in March 2019, subsequently joining Baker McKenzie Abogados, S.C., as did senior associate Rosemarie Harfush, who moved to González Calvillo, SC in February 2020.
Other key lawyers:
‘Among its strengths is the experience that supports its members – the partners, associates and other lawyers that comprise it; their ability to propose practical solutions to complex problems; the quality of their work, whatever it may be, an agreement of wills, an objective opinion on a particular case, among others; the quality of the personal attention of its members to the matters entrusted to them, which stands out compared to other firms; the openness they show, many times you can even feel part of the office, like at home; the ability to work under pressure obtaining favorable results; their experience in negotiations, which will undoubtedly aid the obtaining of favourable results.‘
‘Among the law firms with which I have collaborated, White & Case stands out in all aspects that a contracting area requires and values, especially in the case of public entities. I would also like to highlight the value for money, not only stands out compared to other firms, but it is the best option. It is made up of people with excellent treatment, with extensive experience in their respective areas, technical capacity, management and communication, transparency, kindness, negotiation, among many others; For this reason, White & Case stands out unlike other firms.’
‘Vicente Corta is always willing to listen and be interested in the issues that arise, whatever their size, for him all issues are important and it is appreciated that he gets involved by contributing. A great professional.’
‘There is enough experience in every relevant transactions involving the complexities of severely regulated government entities, such is the case of Vicente Corta and Jorge Kim. They have a comprehensive vision of the operation, which allows them to adequately focus on the legal aspects that are most relevant to the client.‘
‘The level of expertise and attention to detail is a differentiator when working with the White & Case team. Skills to provide solutions in reduced response times. Market knowledge. Roberto Ríos is an excellent lawyer. He goes deep into the analysis of the issues and takes care of the details of each document that leaves his office. 100% reliable. In the same way, Francisco de Rosenzweig is a lawyer with extensive experience in public affairs, with a high capacity to intervene in infrastructure and transactional issues, among others. His experience in negotiation matters, without a doubt, is necessary for the resolution of each matter. Both represent a high value for White & Case.‘
Korean Development Bank
Banco Nacional de Comercio Exterior (Bancomext)
Banco Nacional de Obras y Servicios Públicos (Banobras)
TMT Tier 2
According to a client, the practice at White & Case S.C. houses ‘the best lawyers in the sector’. Backed by the firm's international reach, the team has robust expertise in telecommunications litigation, transactional, regulatory, infrastructure, and finance matters, as well as expertise in the satellite segment. Regulatory and administrative specialist and litigator Ismael Reyes Retana has extensive telecoms experience (including a landmark Supreme Court precedent for the industry), and garners praise for his ‘ability to present clear and concrete ideas’. Demonstrating ‘great knowledge of the topics’, younger partner Antonio Cárdenas focuses on administrative regulation (both contentious and advisory), economic competition and TMT regulatory matters. Experienced mid-level associate Yuriria Galicia Arizmendi is also noted; and and ‘first-class' corporate and finance specialist Álvaro Garza-Galván, also participates in the practice.
‘It is a team that has the best lawyers in the sector. They are distinguished by their personalised, prompt and effective attention. They have professional and academic experience. They offer efficient solutions. They know the telecommunications market.‘
‘The subjects of telecommunications and economic competition is very complex since it is very technical, innovative and multidisciplinary, so it is necessary to have a team: Ismael Reyes Retana, his integrity as a person, simplicity, intelligence, ability to present clear and concrete ideas; Antonio Cárdenas: human warmth, great knowledge of the topics, research capacity, exposition of ideas; and Yuriria Galicia: availability, attention, human warmth, concrete when transmitting and receiving ideas, good legal technique for writing legal documents.‘
‘Álvaro Garza-Galván is the person who kindly gave us attention. He was relevant to focus on the key information we needed, additionally he supported us in completing our privacy notice.‘
‘International reach & breadth of services plus dedication and customer service; compares very favourably.‘
‘Dedication, speed of response, talent Alvaro Garza is a first class lawyer.’
Environment Tier 3
The Mexico office of the international heavyweight, White & Case S.C., is necessarily involved in the firm's flow of global deals, involving highly-experienced practice head, counsel Pedro Morales in the environmental and regulatory aspects of significant transactional matters. In terms of depth, however, the practice remains a work in progress, following the May 2020 departure of key associate Eduardo Mendez, who has left practice. Additional partner-level assistance comes from project finance-focused Roberto Rios; energy regulatory partner Francisco de Rosenzweig; administrative litigator Antonio Cardenas and M&A-focused Henri Capin.
Tax Tier 3
White & Case S.C.'s Mexican tax practice added new partners to its ranks in 2019, with the incorporation of Jorge Kim, former general counsel of Petróleos Mexicanos (PEMEX). He joins an eight-strong team led by the talented Guillermo Aguayo, who is praised for his expertise on corporate transactions, advising mainly banks and financial institutions. The group, which has particular expertise related to negotiations with the authorities to obtain VAT refunds, also has a solid focus in litigation, transfer pricing, complex audits and financial issues. Other noted practitioners include Ismael Reyes Retana, recommended as an outstanding litigator; and experienced associate Juan Ignacio López, who played a key role in the practice last year.
Real estate Tier 4
The Mexican real estate practice at White & Case S.C. fields a team of 10 lawyers who advise on matters ranging from acquisitions and investments through to the real estate aspects of major projects (notably in the retail and energy sectors), on real estate financing matters; and on the environmental law issues involved in a range of real estate transactions. Recent highlight work saw the firm advise Bancomext and Banco Sabadell on the $55m project financing of a 115.5MW solar project located in the state of Durango. The department is co-led by partner Álvaro Garza-Galván, whose practice focuses on real estate transactional and financing mandates; and counsel Pedro Morales, who has a high level of expertise in real estate regulations and environmental law.
Bank of Nova Scotia
Grupo Barramar Turbana
Kansas City Southern Mexico
Bank of Nova Scotia
White & Case S.C. > Firm Profile
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|Mr Guillermo Aguayo||Local Partner||View Profile|
|Antonio Cárdenas||Local Partner||View Profile|
|Henri Capin-Gally||Partner||View Profile|
|Mr Vicente Corta Fernández||Partner||View Profile|
|Mr Enrique Espejel||Partner||View Profile|
|Ms María Teresa Fernández Labardini||Local Partner||View Profile|
|Antonio Garza||Counsel||View Profile|
|Mr Álvaro E. Garza-Galván||Partner||View Profile|
|Mr Sean Goldstein||Partner||View Profile|
|Daniel Gonzalez Estrada||Local Partner||View Profile|
|Mr Manuel Groenewold||Partner||View Profile|
|Jorge Kim||Partner||View Profile|
|Mr Rafael Llano Oddone||Partner||View Profile|
|Sergio Márquez||Local Partner||View Profile|
|Carlos E. Mainero||Local Partner||View Profile|
|Mr Juan Antonio Martín||Partner||View Profile|
|Pedro Morales||Counsel||View Profile|
|Andrés Mosqueira||Partner||View Profile|
|Arcelia Olea||Local Partner||View Profile|
|Roberto Ríos||Local Partner||View Profile|
|Mr Ismael Reyes Retana Tello||Partner||View Profile|
|Juan Ruenes||Local Partner||View Profile|
|Mauricio Valdespino||Local Partner||View Profile|
|Romeo Vizzani||Counsel||View Profile|
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