Esguerra Asesores Jurídicos > Bogota, Colombia > Firm Profile

Esguerra Asesores Jurídicos
AV CALLE 72 NO 6-30

Colombia > Competition and antitrust Tier 1

Fielding one of the deepest benches in the competition law space, Esguerra Asesores Jurídicos‘ strength-in-depth is evidenced through its diverse practice scope, which encompasses merger control, investigations, competition litigation and consumer protection-related issues. Alfonso Miranda is held up by many as the ‘dean of the competition bar‘ due to his long-held position at the forefront of the competition area in Colombia. He led on many of the firm’s recent high-profile mandates, including successfully representing Bavaria & Cía in an unfair competition action brought by Central Cervecera de Colombia concerning alleged subscription to exclusive agreements with retailers. Other experienced names include Andrés Jaramillo Hoyos, who is representing the main port of Colombia in an unfair competition case brought by Datacontrol alleging abuse of dominance, and newly promoted (January 2022) partner Daniel Beltrán. The widely respected group also includes associates David Cotrina (competition, M&A and consumer protection) and Jorge Lamo Blanco (competition, commercial and corporate). Associate Andrés Felipe Yáñez left to establish his own firm, Uribe Yáñez Asesores Legales.

Practice head(s):

Alfonso Miranda; Andrés Jaramillo; Daniel Beltrán


Alfonso Miranda is the dean of the competition bar.

Key clients





Chevron Petroleum Company

Bavaria & Cía (Ab InBev)

Kimberly Clark



Laboratorios Baxter



Equion Energia

Sociedad Portuaria Regional de Buenaventura

Oleoducto Central (OCENSA)


Koba Colombia (D1)



Mexichem (Orbia)

División Mayor del Fútbol Colombiano (Dimayor)

Work highlights

  • Represented Bancolombia — Grupo Sura on merger control matters connected to the creation of a new digital solution (ARATI) for senior citizens between Grupo Sura, Bancolombia, Protección, Sura AM and Seguros Suramericana.
  • Successfully represented Bavaria & Cía in an unfair competition action brought by Central Cervecera de Colombia concerning alleged subscription to exclusive agreements with retailers.
  • Represented Agrosan in a cartel investigation concerning the purchase of animal by-products in the coffee axis region.

Colombia > Public law Tier 1

Standing out for its ‘technical solidity and responsiveness', public law boutique Esguerra Asesores Jurídicos remains a leader in the sphere. Arguably best known for its strength in contentious matters, the group also advises public and private sector clients on procurement issues and concession contracts. High-profile figure Juan Carlos Esguerra is particularly recommended for complex contentious work; he is acting alongside Felipe Piquero to represent Cerrejón in a case initiated by indigenous communities, members of the Congress and an NGO attempting to nullify the environmental permits that enable the company’s operation in La Guajira. Other senior names include administrative law partner Andrés Jaramillo Hoyos and projects and procurement specialist Adriana Nieto, who was promoted to partner in January 2022. Key support is provided by associate Carlos Lasprilla.

Practice head(s):

Juan Carlos Esguerra; Felipe Piquero; Andrés Jaramillo Hoyos; Adriana Nieto


The firm’s advice and support in public law matters stands out for its technical solidity and responsiveness.

‘The team has a comprehensive view of the issues, including legal, political, constitutional aspects, etc. We value its comprehensive experience and warm attention.’

‘We appreciate the collaborative attitude and its competent and multidisciplinary staff.’

‘We recommend Juan Carlos Esguerra for being up to date on political issues that can influence decisions. We also highlight the integrity and rigour of Felipe Piquero.’

Felipe Piquero and associate Tatiana Manby stand out for their experience and technical knowledge in the areas of public law. They also stand out for the service and speed with which they provide advice.’

Juan Carlos Esguerra demonstrates strong leadership skills.’

Key clients

Ministerio de Transporte

Caja Colombiana de Subsidio Familiar


Colombia Móvil (TIGO)

Compañía Aseguradora de Fianzas (Confianza)


Empresa de Teléfonos de Bogotá (ETB)

Fondo para el Financiamiento del Sector Agropecuario (FINAGRO)

Nortesantandereana de Gas

Sociedad Fiduciaria para el Desarrollo Agropecuario

Sociedad Portuaria Regional de Buenaventura

Une EPM Telecomunicaciones

Manuelita, Riopaila Castilla and Ingenio la Cabaña



Work highlights

  • Acting for Empresa de Telecomunicaciones de Bogotá (ETB) on administrative, procurement and corporate matters concerning the reallocation of technology contract by the Ministry of Telecommunications, following the original award of the contract to a consortium that presented false documentation.
  • Advising the Ministerio de Transporte on the legal structuring of the new concession that will operate the RUNT project, as well as on the auditing agreement by which an independent party will comprehensively supervise of the concession agreement.
  • Representing Colsubsidio in judicial proceedings brought against it in relation to several housing developments, including a case initiated by Fondo Adaptación (public entity in charge of reconstruction efforts after natural disasters) alleging breach of contract.

Colombia > Capital markets Tier 2

Esguerra Legal Advisors is distinguished by the ‘direct and consistent attention provided by partners‘, according to sources. The firm’s client roster is comprised of many public companies, which the group routinely advises on equity-related matters, including regulatory issues. On the debt side, practice head Juan Pablo Gonzalez recently advised Itaú Corpbanca on its landmark offering of ordinary bonds on a recurrent placement modality, which had significant regulatory implications. Newly promoted (January 2022) partner Veronica Arango Lux specialises in in corporate and finance law and is also recommended. In February 2022, associate María Andrea Ballén joined the team from the Superintendency of Corporations.

Practice head(s):

Juan Pablo Gonzalez; Veronica Arango


‘Esguerra Legal Advisors has great prestige and credibility in both the public and private sectors.’

‘The firm has assisted us with very complex issues. We value its level of knowledge, as well as the closeness of our key partner, Juan Pablo González, since his knowledge and responsiveness generates confidence not just among our team, but also among our counterparty.’

‘The group is distinguished by the direct and consistent attention provided by partners towards their clients. Lawyers are knowledgeable, responsive and dedicated.’

Key clients

Protección AFP

Adcap Colombia, Comisionista de Bolsa

Insights Investments

Scotiabank Colpatria

Cámara de Riesgo Central de Contraparte de Colombia

Itaú Comisionista de Bolsa

Itaú Corpbanca Colombia

Gestor Inmobiliario

Porvenir AFP

EFG Capital International

Ultralat Capital Markets

Work highlights

  • Advised Protección AFP on all aspects of the public acquisition offer launched by the Gilinsky Group.
  • Advised the shareholders of AdCap Colombia on the negotiation process to sell 100% of its shares to Progresión Sociedad Administradora de Inversiones.
  • Advised Itaú Corpbanca on the issuance of ordinary bonds on a recurrent placement modality, uncommon to the Colombian Stock Exchange.

Dispute resolution > Litigation Tier 2

A firm that stands out from others in the market‘, Esguerra Asesores Jurídicos‘ dispute resolution practice is staffed by an ‘expert team of the highest professional and personal qualities‘, according to sources. The wider firm’s top-tier offerings in public law and competition ensures that it is particularly well-equipped to handle disputes in those spheres. That said, the team advises on the full scope of contentious matters, including corporate and financial disputes, oil and gas-related matters and environmental litigation. Name partner Juan Carlos Esguerrahas a great gift for dealing with people‘ and is a go-to name for administrative law disputes; he is is representing TIGO (Colombia Móvil) in bringing a case against the Superintendence of Industry and Commerce contesting sanctions imposed by it. Felipe Piquero, another specialist in public law, ‘consistently exceeds the client’s expectations‘; he is advising Caja Colombiana de Subsidio Familiar on judicial proceedings brought against it in relation to several housing developments. Competition and antitrust expert Andrés Jaramillo is noted for his expertise in competition-related litigation. Capable support is provided by associates Carlos Lasprilla (public law and dispute resolution), Adriana Nieto (infrastructure and public law) and Andrés Felipe Cadena (dispute resolution). Additionally, Jorge Andrés Gómez joined as an associate from Solarte Asesores Jurídicos in July 2021. Paola Patarroyo  left in November 2021 to become legal officer at the United Nations.

Practice head(s):

Juan Carlos Esguerra; Felipe Piquero; Andrés Jaramillo


‘The team’s position, experience and disposition are well above other recognised firms in the market. In aspects such as cost, advisor-client relationship, technological tools and availability, the service is excellent. It is a firm that stands out from others in the market.’

‘The team demonstrates affability and flexibility to the client. Especially Juan Carlos Esguerra, who has a great gift for dealing with people and takes on conflicts with dignity, strictly focused on the legal aspects and not on the conflict.’

‘This is a very competent and up-to-date interdisciplinary team. Comparing it with other firms, lawyers work very well as a team and rely on the company’s internal staff for technical aspects.’

‘Felipe Piquero complements the team with his high rigour in the argumentation and detail.’

‘It is an expert team of the highest professional and personal qualities that guarantees the effectiveness of the result and that is committed to management in a personalised way.’

‘Felipe Piquero consistently exceeds the client’s expectations. The team’s practicality and clarity allows us to make informed and correct decisions. We have consolidated a work methodology in which a lawyer from the firm resides in our offices, with the support of the firm, which has generated an ideal workflow.’

‘The team’s best qualities are expertise and clarity in its concepts and recommendations. Felipe Piquero is a lawyer with the best qualities, not only professional but also personal. There is complete value alignment between our company and the firm.’

‘Jorge Andrés Gómez and Felipe Piquero are professional experts in administrative issues, corporate governance and litigation defence. Their abilities and in-depth knowledge of the issues provide confidence and security to the entity that it is receiving the correct defence of its interests.’

Key clients

Caja Colombiana de Subsidio Familiar (Colsubsidio)


Colombia Móvil (TIGO)

Compañía Aseguradora de Fianzas (Confianza)



Fondo para el Financiamiento del Sector Agropecuario (FINAGRO)


Sociedad Fiduciaria para el Desarrollo Agropecuario (Fiduagraria)

Sociedad Portuaria Regional de Buenaventura

Manuelita, Riopaila Castilla and Ingenio La Cabaña


Une EPM Telecomunicaciones

Work highlights

  • Representing Caja Colombiana de Subsidio Familiar (Colsubsidio) in judicial proceedings brought against it in relation to several housing developments, including a case initiated by Fondo Adaptación concerning an alleged breach of contract.
  • Representing Cerrejón in a case initiated by Indigenous communities, members of Congress and an NGO aiming for the Consejo de Estado (Colombia’s highest administrative Court) to nullify the environmental permits allowing the company’s operation in La Guajira.
  • Advising insurance company Compañía Aseguradora de Fianzas (Confianza) in several lawsuits initiated against Instituto de Desarrollo Urbano de Bogotá DC, regarding the construction of roads infrastructure for Transmilenio’s operation in phases I and II of its development.

Dispute resolution > Arbitration Tier 3

Public law specialist Esguerra Asesores Jurídicos has a focus on domestic arbitration. Its activity in this area was recently evidenced by its advice to Fondo para el Financiamiento del Sector Agropecuario (FINAGRO) in six arbitral proceedings related to the breach of a management contract concerning several reforestation projects with Forestal Monterrey Colombia — public law partners Felipe Piquero and Adriana Nieto handled that work. The dispute resolution department is co-led by Piquero together with former Minister of Justice Juan Carlos Esguerra and Andrés Jaramillo Hoyos.

Practice head(s):

Juan Carlos Esguerra; Felipe Piquero; Andrés Jaramillo Hoyos

Work highlights

  • Represented Fondo para el Financiamiento del Sector Agropecuario (FINAGRO) in six arbitral proceedings related to the breach of a management contract concerning several reforestation projects with Forestal Monterrey Colombia.

Colombia > Corporate and M&A Tier 4

Commended for its ability to ‘transmit confidence‘, Esguerra Asesores Jurídicos‘s corporate team is a prominent player in mid-market deals. Lawyers are valued for their ‘understanding of the business‘ and are well versed across all key industry segments, with a strong recent showing in the financial services, infrastructure, healthcare and energy sectors. Led jointly by corporate finance specialist Juan Pablo González   and corporate and compliance partner Andrés Parias , the team handles a range of transactional and compliance matters. Other recommended names include competition specialist Andrés Jaramillo  , Verónica Arango Lux  — who was promoted to partner in January 2022 — and corporate and commercial-focused associate Maria Clara Londoño . In August 2021, associate Nicolás Arocha Roldán left to study in the UK.

Practice head(s):

Juan Pablo González; Andrés Parias


The team at Esguerra Asesores Jurídicos always transmits confidence.’

Each legal advisor demonstrates great solvency in corporate matters. They are excellent professionals, capable of giving the best results in a short time and with a great capacity for both legal analysis and an understanding of the business.

The plus provided by the the Esguerra team is that it fields professionals capable of understanding the demands of the client and responding in a friendly manner to each request. They manage queries with the best disposition.’

Key clients


Adcap Colombia

Caja de Compensación Familiar del Valle del Cauca Comfamiliar Andi Comfandi

Sociedad Portuaria Regional de Buenaventura (SPRBUN)

Cámara de Riesgo Central de Contrapartes (CRCC)

Servicios Postales Nacionales

Empresa de Telecomunicaciones de Bogotá (ETB)

Inversiones de Gases de Colombia (Invercolsa)

Work highlights

  • Advised Ecopetrol on corporate and administrative law issues connected to its takeover of Interconexión Eléctrica.
  • Advised the shareholders of stockbroker AdCap Colombia on the company’s acquisition by Progresión Sociedad Administradora de Inversión.
  • Advised health insurance company EPS SOS on various ongoing corporate matters.

Colombia > TMT Tier 4

Regulatory stalwart Esguerra Asesores Jurídicos fields a prominent telecoms practice, which brings together experience in representing public entities as well as communications corporations on strategic matters. Leveraging its top-tier practices in public law and competition, the team specialises in advising on regulatory issues, administrative procedures and contentious work. Competition and telecoms specialist Alfonso Miranda Londoñ co-heads the practice alongside Juan Carlos EsguerraAndrés Jaramillo Hoyos and Andrés Felipe Yáñez.

Practice head(s):

Alfonso Miranda Londoño; Juan Carlos Esguerra; Felipe Piquero Villegas; Andrés Jaramillo Hoyos


‘Esguerra Asesores Jurídicos is an excellent law firm. It provides excellent service and we consider it as a real “business partner” in Colombia. Lawyers respond very fast and charge reasonable rates. In general, we have an excellent opinion of the law firm.’

‘Andrés Jaramillo Hoyos is our adviser. He is an excellent lawyer and is always willing to provide support. We always count on his opinion for complex matters in Colombia.’

‘The combination of its lawyers’ expertise in antitrust, competition, constitutional, and other areas provide a one-stop-shop for legal matters in Colombian and LatAm jurisdictions. A fully bilingual, kind, professional and discreet law firm.’

Key clients

BT Latam

AXESS Networks Solutions



Work highlights

  • Representing BT Latam in a class action filed by residents of the Department of San Andrés and Providencia concerning the poor execution of a contract for installing and operating a submarine fibre optic cable on the Island of San Andrés.
  • Advising AXESS Networks Solutions on all legal matters, especially regulatory compliance.
  • Advising Protekto on various matters, including on compliance with Colombian telecoms regulation and on an enforcement action carried out by the Superintendence of Transportation.

Colombia > Banking and finance Tier 5

Esguerra Asesores Jurídicos houses a compact banking and finance department, which has remained busy recently advising on a mix of debt restructurings, fund-related matters and regulatory issues. Department head Juan Pablo González brings to bear significant industry experience earned during his time as a vice president of the Bogotá Stock Exchange. Recently promoted partner Verónica Arango Lux is recommended for her activity in financial services transactions.

Practice head(s):

Juan Pablo González; Verónica Arango Lux


‘The firm takes time to understand the business aspects of a situation before considering the legal implications, which ensures holistic advice.’

‘Lawyers’ roles are clear. Everyone brings opinions and respects the opinions of their colleagues even if it is not the final decision; they know how to listen to each other and listen to the client.’

Key clients

Sociedad Portuaria Regional de Buenaventura


Work highlights

  • Advised Sociedad Portuaria Regional de Buenaventura on the negotiation of a debt restructuring agreement worth COP$654bn, with four financial institutions (Bancolombia, Banco de Bogotá, Davivienda and BBVA Colombia).
  • Acted as local counsel to Espelia on a feasibility study of a guarantee programme that supports non-sovereign financing to local governments in Latin America by the Agence Française de Développement.

Colombia > Compliance and white-collar crime

In March 2022, Esguerra Asesores Jurídicos sent out a statement of intent through the promotion of compliance head Andrés Parias to partner. Additionally, the firm welcomed two new compliance-focused associates in February 2022: Julián Hernández joined from the Superintendence of Companies, while María Andrea Ballén arrived from the Colombia Securities Exchange, where she had an emphasis on corporate governance.

Esguerra Asesores Jurídicos is a market-leading firm, with a very strong and multidisciplinary team and vast experience in both, consulting and complex litigation matters. Its partners are well recognized in the professional and academic sphere in each of their respective fields of expertise, and, thus, they have played an active role as experts in —or even direct drafters of— specific legal and regulatory reforms. The firm works within the strictest ethics parameters and the highest professional standards.

Added value

  • Participation of at least one of the partners in each of the assignments conducted by the firm.
  • Experience of the partners, who are highly recognized in the market, by clients and other law firm members.

Main areas of practice
Arbitration: For over three decades the firm has been  a top-tier national and international arbitration law firm. Its practice includes acting as counselors or arbitrators in matters of commercial, administrative, constitutional, telecommunications, financial and insurance law, between public and private entities, mostly under the rules of the Bogotá Chamber of Commerce and the International Chamber of Commerce.

Banking and finance: The firm has a leading, well-established banking and financial law team. It is best known as an esteemed counsel to the largest banks, pension funds, trusts managers, representation offices, and other financial institutions in Colombia. It has participated in the main discussions on financial regulation topics as advisors of governmental stakeholders, as well as in several financing and refinancing deals, including project finance.

Capital markets: Clients have consistently recognized the firm as one of the most highly qualified Colombian firms in capital markets law. Throughout the years, Esguerra Asesores Jurídicos has acquired extensive experience advising national and international clients regarding the legal framework applicable to the incorporation, mergers and acquisitions, reorganization and liquidation of financial entities. The team is appraised by its vast experience handling all kinds of financial operations, and has acted as legal counsel to several securities’ public offerings and provides permanent legal counselling to brokers in the structuring and implementation of intermediation activities.

Competition/antitrust: The firm is one of the leading antitrust firms in Colombia. It represents its clients both in antitrust, unfair trade, consumer protection and data protection investigations conducted by the National Competition Authority and in related litigation before the courts. The firm’s remarkable experience allows it to provide excellent advice in complex matters and specialized markets. Esguerra Asesores Jurídicos also has vast experience analyzing and presenting merger filings before national authorities and obtaining all necessary authorizations. Last but not least, the firm provides guidance to its clients in competition compliance.

Compliance: The firm advises companies in the implementation of anti-money laundering and anti-bribery compliance programs.

Corporate/mergers and acquisitions: The firm’s knowledge and experience makes it a recognized relevant player in the corporate/M&A field in Colombia, where it successfully provides legal advice in issues relating to mergers and acquisitions, transformation and liquidation of companies, stockholders’ agreements, corporate litigation, insolvency procedures, and reorganization and restructuration processes.

Data protection: The firm advises national and multinational companies to adapt their data protection program to the specific needs of the Colombian data protection regulation. Esguerra Asesores Jurídicos has also represented clients in investigations conducted by the Data Protection Authority and civil courts.

Healthcare system: The firm has built a leading practice in the flourishing healthcare industry. Esguerra Asesores Jurídicos advises several of the largest private and public institutions which participate in this sector, including insurance companies, hospitals, other health care providers and national and international pharmaceutical companies.

Infrastructure: The firm has provided legal advice to public entities and investors in the structuring and participation in bidding processes, as well as in the follow-up of public contracts in the fields of infrastructure, transportation, information technologies, healthcare, among others.

Labor and social security: The firm is highly recognized for its successful experience in appeals before the Labour Chamber of the Supreme Court.

Litigation: The firm has a well-regarded litigation team, which provides services in numerous practice areas including commercial, constitutional, administrative, antitrust, insurance and labor law, especially in highly complex litigations.

Public: The firm has a preeminent constitutional and administrative law practice, providing legal assistance in constitutional remedies and administrative proceedings, as well as acting as plaintiffs of defendants in lawsuits in the field of public contracting, mostly in construction projects (roads, hydroelectric and thermoelectric plants, schools and hospitals, fully or partially funded with public resources).

The firm is also active in the field or energy generation, transportation and distribution, including renewables (solar, wind, hydrogen, etc).

Taxation: The firm offers tax advisory to determine the best alternatives of investment and the most efficient structure. The provided tax services refer to corporate taxes and tax planning advisory from a corporate standpoint.

Telecommunications, media and technology: The firm has acted as an advisor to the government in regulation and law-making issues. This has allowed it to provide carriers, content and application providers and other key market players, advice with a unique insight in telecommunications and technology law.

Public Law and Dispute Resolution Juan Carlos
Competition & Antitrust Alfonso
Competition & Antitrust Andrés
Capital Markets, Banking & Finance and Corporate/M&A Juan Pablo González Mejí
Public Law and Dispute Resolution Felipe
Healthcare Carolina
Competition & Antitrust Daniel Beltrá
Public Law and Infrastructure Adriana
Corporate and M&A Andrés
Capital Markets and Banking & Finance Verónica
Labour Hector
Verónica Arango photoDra Verónica ArangoPartner of the Capital Markets and Banking & Finance areas of practice
Héctor Arriaga photo Héctor ArriagaPartner of the Labour & Employment practice area
Daniel Beltrán photo Daniel BeltránPartner of the Competition area of practice
Juan Carlos Esguerra photo Juan Carlos EsguerraPartner of the Public Law, Arbitration and Dispute Resolution practice areas
Juan Pablo González photo Juan Pablo GonzálezPartners of the Banking & Finance, Capital Markets, Corporate and M&A practice…
Andrés Jaramillo photo Andrés JaramilloPartner of the Competition and Antitrust practice area
Alfonso Miranda photo Alfonso MirandaPartner of the Competition and Antitrust practice area
Adriana Nieto photo Adriana NietoPartner of the Public Law and Infrastructure areas of practice
María Carolina Ortiz photo María Carolina OrtizPartner of the Health Care Law practice area
Andrés  Parias photo Andrés PariasPartner of the Corporate / M&A areas of practice
Felipe Piquero photo Felipe PiqueroPartner of Public Law, Dispute Resolution and Projects practice areas
Other fee-earners : 30
Partners : 11