The Legal 500

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CRA. 7 NO 71-52, TORRE B, PISO 9, BOGOTÁ, COLOMBIA
Tel:
Work +57 1 313 7800
Fax:
Fax +57 1 312 2420
Email:
Web:
dentons.cardenas-cardenas.com

Colombia

Banking and finance
Banking and finance - ranked: tier 2

Dentons Cardenas & Cardenas

Offering a service that is ‘consistently goodDentons Cardenas & Cardenas’ eight-strong practice is led by Bernardo Cárdenas, with Eduardo Cárdenas also a key member. The incorporation of Santiago González in the office’s energy and natural resources department has increased access to financings in that sector, as well as growing the firm’s client list. The team acted as local counsel to Exportkreditnämnden, US-Exim Bank and SACE–Servizi Assicurativi del Commercio Estero, as lenders, in the assumption by Ecopetrol of the financing granted to Refinería de Cartagena (Reficar) – originally the guarantor and borrower, respectively – in order to finance the refitting, expansion and upgrade of the refinery. The team also acted as local counsel to a financial institution regarding the PPP financing of a 4G project. Praised for her ‘responsiveness’ and her ‘negotiating skills’ as well as her knowledge Catalina Pinilla was recently made partner. Associate Angela Botía is also noted.

Leading individuals

Bernardo Cárdenas - Dentons Cardenas & Cardenas

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Competition and antitrust
Competition and antitrust - ranked: tier 4

Dentons Cardenas & Cardenas

Dentons Cardenas & Cardenas’ practice covers all aspects of competition and antitrust law, including merger clearance, cartels and other investigations, as well as contentious matters and leniency applications, and with a multijurisdictional outreach thanks to Dentons’ international network which has expanded notably in the region over the last three years. Ximena Zuleta leads a team strengthened with the hiring of experienced associate Ana María Ortegón, who previously worked at Colombia’s antitrust authority. Recent matters include notification filings, obtaining clearances, acting as counsel in judicial actions seeking the annulment of the sanctions, legal opinions and matters related to price fixing.

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Corporate and M&A
Corporate and M&A - ranked: tier 2

Dentons Cardenas & Cardenas

The Colombian office of a global operation, the ‘excellentDentons Cardenas & Cardenas renders a ‘very professional and knowledgeable’ service covering the full spectrum of local and cross-border corporate activities and transactions, including M&A work involving the Latam region. ‘Highly active’ and strongly praised Mauricio Borrero acted on a dozen M&A deals during the course of 2017, including advising Agrobetania on the $70m sale of the San Carlos 1 business park to real estate private equity fund Pacita. ‘Effective’ and ‘results oriented’, Bernardo Cárdenas is ‘the public face of the firm’; acting in conjunction with Catalina Pinilla, who made partner as of June 2018, he advised IFC on the $383m sale of a 4.87% stake in Sura Asset Management to Grupo Sura. Eduardo Cárdenas is also highlighted and advised Compañía de Puertos Asociados (Compas) on the $136m acquisition of 50% of its shares by Goldman Sachs from Grupo Argos. Competition and dispute resolution partner Ximena Zuleta, and associates Felipe Molano and Angela Botia are also noted. Other clients include Microsoft Corporation, Incofin Investment Management, Ford and International Finance Corporation.

Leading individuals

Eduardo Cárdenas - Dentons Cardenas & Cardenas

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Energy and natural resources
Energy and natural resources - ranked: tier 1

Dentons Cardenas & Cardenas

Dentons Cardenas & Cardenas has strengthened its standing in the market with the hire in the past year of a five-strong team from Norton Rose Fulbright led by Jorge Neher, who has over 30 years’ experience in the sector, and including key members Hernán Rodríguez and Santiago González who are ‘well known in the market’. The firm has in consequence expanded its roster of clients to include, for example, Gran Colombia Gold Corp, Anglo Gold Ashanti, Anglo American, Royal Road Minerals and YPF. Other longstanding clients include Frontera Energy and Korea National Oil & Gas Corporation. Bernardo Cárdenas heads the practice – now alongside Neher – and James Valdiri is also noted; however, associate Inés Elvira Vesga is now at Norton Rose Fulbright. The team advised Newmont Mining Corporation on a due diligence process for the acquisition of 19.9% shares of Continental Gold, owner of the Buriticá deposit, a gold project comprised by 65 mining concessions in the Antioquia region. Rodríguez continues to advise Iamgold (after leading the original transaction while still at his former firm) regarding the option agreement for the acquisition of various mining assets.

Next generation lawyers

Inés Elvira Vesga - Norton Rose Fulbright

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Intellectual property
Intellectual property - ranked: tier 2

Dentons Cardenas & Cardenas

An ‘exemplary’ firm that displays a ‘broad knowledge’ of intellectual property law, Dentons Cardenas & Cardenas provides ‘more practical advice and options’ than competitors, according to clients. Lead by ‘market leaders’, Luz Helena Adarve and Juanita Acosta, who are strongly recommended, the 12-strong practice has been acting for Microsoft, processing 50 patent registrations (including 23 new applications), all related to software. The team also filed an opposition on behalf of Instagram against a third party’s (international classes 42 and 45) trade mark application for YUMMYGRAM. Other clients include Avianca, Facebook, Ferrari, Jaguar, Oracle and Verifon.

Leading individuals

Luz Helena Adarve - Dentons Cardenas & Cardenas

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Labour and employment
Labour and employment - ranked: tier 3

Dentons Cardenas & Cardenas

Dentons Cardenas & Cardenas advises national and international clients on the full range of labour and immigration matters, including transactional support and litigious representation as well as giving support regarding day-to-day labour policies. Lorena Arámbula founded and heads the four-strong practice. The team gave advice to a multinational on the termination of more than 60 direct and indirect employees, including advice on mass-layoff procedures, settlement agreements and contentious issues.

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Projects
Projects - ranked: tier 2

Dentons Cardenas & Cardenas

Dentons Cardenas & Cardenas’s team is appreciated for ‘the availability of the partners in charge of the project and their detailed knowledge of the transaction’. The team acts on behalf of major multinational clients and represent them before governmental bodies in governmental procurement and on the entire life cycle of their projects. Ximena Zuleta, valued for ‘her responsiveness, in addition to her ability to debug complex problems in simple descriptions and propose practical recommendations’ leads the practice with senior partner Bernardo Cárdenas who has considerable activity in the sector. The practice has also benefited from the experience in project financing of energy experts Jorge Neher, Hernán Rodríguez and Santiago González who joined from Norton Rose Fulbright. Recent matters include advising a construction company on the potential acquisition of a 4G toll road concession. Acciona, TV Azteca, Red Kite Finance and Davivienda are among other clients.

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TMT
TMT - ranked: tier 5

Dentons Cardenas & Cardenas

Dentons Cardenas & Cardenas advises major telecoms and IT players on privacy matters. The practice, led by Luz Helena Adarve and Juanita Acosta, recently assisted with the implementation of a privacy project for AC Nielsen, Oracle and Ericsson. Other clients include Avantel, Ford Motors and Microsoft.

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Tax
Tax - ranked: tier 2

Dentons Cardenas & Cardenas

Dentons Cardenas & Cardenas is ‘excellent’ and provides ‘timely, accurate and effective advice’. The ‘outstandingCamilo Cortés heads the practice with Eduardo Cárdenas and Bernardo Cárdenas both recommended and active participants in tax matters. The team advised Sociedad Internacional de Transporte Masivo on the restructuring of the company’s equity and tax planning regarding depreciation due to the deduction of vehicles. Other clients include Grupo Monterrey, Inversiones Actual, TV Azteca, Inversiones William Zuca and Spring Mobile are also clients. ‘Full-spectrum tax advisorCarmen Sanabria is also noted.

Leading individuals

Camilo Cortés - Dentons Cardenas & Cardenas

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Colombia: Dispute resolution

Litigation
Dispute resolution: Litigation - ranked: tier 3

Dentons Cardenas & Cardenas

Dentons Cardenas & Cardenas’ practice is now led by Ximena Zuleta, who also heads the competition and antitrust area, following the departures of Andrés Fernández de Soto to establish his own firm and Alberto Zuleta's 2017 move to Holland & Knight. The team has been further strengthened with the arrival of senior associate Paula Vejarano, who joined from Gómez-Pinzón Abogados (GPA). The team is experienced in administrative litigation and in disputes in the engineering and construction sectors.

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Further information on Dentons Cardenas & Cardenas

Please choose from this list to view details of what we say about Dentons Cardenas & Cardenas in other jurisdictions.

Colombia

Offices in Bogota

Legal Developments worldwide

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