Firm Profile > Diaz Reus International Law Firm & Alliance > Miami, United States

Diaz Reus International Law Firm & Alliance
MIAMI TOWER AT INTERNATIONAL PLACE
100 S.E. SECOND STREET, SUITE 2600
MIAMI, FLORIDA 33131
United States

Dispute resolution > International litigation Tier 3

At Miami-based boutique Diaz Reus International Law Firm & Alliance, Michael Diaz, Jr., Gary Davidson and Brant Hadaway jointly lead the ‘deeply analytical’ and multilingual team, which acts for a mix of financial institutions, multinational companies, high-net-worth individuals, and public officials. While the group is perhaps best known for handing financial fraud allegations, it is also well versed in tort claims, shareholder disputes, sovereign immunity issues, IP litigation, and claims arising out of breaches of contract. Furthering its ability to act in cross-border mandates, the team has continued to expand its international reach through its alliance of firm-owned and independent law firms.

Practice head(s):

Michael Diaz; Gary Davidson; Brant Hadaway

Other key lawyers:

Ahmand Johnson; Marta Colomar-Garcia; Roland Potts

Testimonials

This team is deeply analytic: it considers all possibilities and scenarios before taking any action.

The team has excellent knowledge of domestic and international law, in addition to an excellent customer service. They are very professional, ethical and helpful.

I have been very pleased with this practice thus far. Gary Davidson and his team have been very prompt in communication, and supportive whenever needed. Gary is very bright, leaves no stone unturned, and would never let anyone down.

Brant Hadaway is intelligent and a very competent litigation attorney, very even-keeled, and has been diligent in our complex cases.

Michael Diaz is a savvy strategist and exhibits very strong negotiating instincts.

Michael Diaz and his team of specialists in financial fraud, international asset recovery, anti-money laundering, OFAC and FCPA have been more than helpful to our bank.

Key clients

Estate of Abbey Conner

Raine Chacko

Vanina Vara

Midway Labs

Warren Barthes

Humberto Araque Tamayo

Steve Morales / Icon Music Group

Eddy Salloum

Victor Planchart

TCB Advisors / Inversiones Mirko

Dispute resolution > Corporate investigations and white-collar criminal defense Tier 4

One client comments that 'the relationship and confidence you develop with the council is a result of the comprehensive care they give to you' at Miami-based white-collar criminal defense boutique Diaz Reus International Law Firm & Alliance. It excels in handling government regulatory, intelligence and criminal investigations or enforcement issues arising out of Latin America. Under the leadership of Michael Diaz and Robert Targ, the group has built a solid practice consisting of cases involving corruption, bribery, money laundering and OFAC- or FCPA-based violations. In Washington DC, seasoned trial lawyer Richard Wiedis is an anti-corruption expert, while Greg Ahlgren in Houston has an exceptional track record in cross-border investigations. Marta Colomar-Garcia in Miami is an anti-money laundering specialist.

Practice head(s):

Michael Diaz; Robert Targ

Other key lawyers:

Testimonials

Very professional, multidisciplinary team

Clients feel confidence and peace of mind to be in their hands

The relationship and confidence you develop with the council is a result of the comprehensive care they give to you

Diaz, Reus & Targ’s team meets the requirements of each client efficiently. They do the hard work that enables them to understand the unique status of each client. Without any doubt, they are proactive when it comes to protecting the clients’ interests.’

It’s very clear to me their competitive advantage with other firms is the knowledge-relations-critical thinking and quickly respond to the complexity in this particular space. While other firms spend a huge amount of time understanding the issues and collateral implications. Diaz, Reus is always up-to-date on what matters to the client.’

Key clients

Alvaro Saenz (Unimark)

Cerveceria Centro Americana

Gilson Ribeiro

Edwin Torres

Luis Ranauro

Julio Cuesta

Société Générale de Distribution de Produits Alimentaires

One of China’s oldest and most influential import-export companies

Peter Karam

María Eugenia Garces

City focus: Miami > City focus: Miami

Diaz Reus International Law Firm & Alliance's Miami headquarters has a distinct focus on Latin America, with some 90% of the firm’s business being connected to the region. It has an especially strong record in white-collar crime, financial fraud, international asset recovery, anti-money laundering, Office of Foreign Assets Control (OFAC) and Foreign Corrupt Practices Act (FCPA) matters, and sanctions and internal investigations; it has represented a number of sovereign and quasi-sovereign clients over the years, including governments, central banks, state oil companies and public officials. The firm is also especially close to the local finance and shipping communities in Latin America. Beyond its core strengths, it is active in the broader dispute resolution sphere, including commercial litigation and arbitration. It has a fine record in banking, real estate, international tax, immigration and a growing presence in offshore insurance and reinsurance. The firm is closely connected to Venezuela in particular, and has represented successive administrations and government-linked companies on a regular basis. Argentina, Peru, Honduras and Colombia have also been key jurisdictions for the practice. Global managing partner Michael Diaz has an outstanding reputation in FCPA, OFAC, white-collar crime and investigations, while Gary Davidson is making an impression in the arbitration field, representing a wide range of quasi-sovereign and private companies in Latin America; the pair were recently among the first lawyers to be Board Certified in international litigation and arbitration by the Florida Bar.  Robert Targ is another prominent figure in white-collar crime and investigations and George Diaz leads on cross-border real estate issues and the relocation of private wealth from Latin America to the US. Administrative managing partner Marta Colomar-Garcia is another key figure.

Firm overview: Diaz Reus is a global legal practice focused on national and international parallel proceedings and transactions in the following broad areas, with Board Certified lawyers in international and immigration law

  • Sovereign trade, commerce, banking, real estate, intellectual property, capital markets, project finance
  • Fraud, civil litigation, arbitration and international corporate investigations
  • Investigations, asset identification, location, tracing, and recovery
  • White-collar crime, regulatory/criminal investigations and defense in matters of corruption, bribery, money laundering, Foreign Corrupt Practices Act, OFAC, Magnitsky Act, GLOMAG, CAATSA, Specially Designated Nationals, the Bank Secrecy Act; and politically sensitive investigations and the recovery of US immigration status and visas
  • Sports and entertainment law
  • Immigration, family, estate and tax planning law

Serving US-based and global clients, including multinational corporations, sovereign government entities, heads of states, political parties, public officials, financial institutions, entrepreneurs, high-net-worth individuals, and athletes and entertainers. Diaz Reus is an entrepreneurial, enterprising, emerging-markets law firm providing traditional legal services across all industries while focusing on promising new business opportunities for its clients. Diaz Reus is dedicated to growing and protecting its clients’ assets and securing their long term stability. From offices located throughout the US, Europe, Asia, the Middle East, and Latin America, the firm’s multicultural lawyers operate seamlessly in international boardrooms, courts, and arbitral tribunals, giving clients access to boots-on-the-ground, global legal counsel.

Main areas of practice:

  • Appeals & Trial Support
  • Asset Seizure & Forfeiture
  • Athlete Representation & Entertainment
  • Bankruptcy, Creditors’ Rights, Asset Collections
  • Business Transactions
  • Corporate Finance, Private Equity, Securities
  • Estate & Tax Planning
  • Family
  • Financial Institutions, Anti-Money Laundering & Bank Secrecy Act
  • Fraud & Asset Recovery
  • Immigration, EB-5, Personal Business
  • Institutional Investor Securities Class Actions
  • Intellectual Property
  • International Government Relations
  • International Tax
  • Litigation & Arbitration
  • Mergers & Acquisitions
  • Real Estate
  • Regulatory Compliance
  • White Collar Crime, Government Sanctions, FCPA, OFAC, Magnitsky, CAATSA, GLOMAG

High-stakes litigation and arbitration: Transnational litigation, arbitration, and appellate matters including commercial disputes, sensitive investigations, financial fraud, asset seizure and forfeiture, white collar criminal, asset recoveries, international law, intellectual property rights, and recovery of visas.

Transactional: Complex contract negotiations, finance, real estate, IP licensing, joint ventures, cross-border mergers and acquisitions, capital markets, customs, trade, and franchising.

Regulatory: Anti-money laundering compliance, BSA, corporate governance, regulatory investigations, FCPA, customs, and criminal and civil RICO cases. Representing banks, corporations, traditional and non-traditional financial institutions, sovereigns, political parties, government entities and officials, and private individuals.

Private client: Domestic and international tax, athlete, and entertainer representation. Immigration, trust and estate, and family law matters.

Representative litigation and arbitration matters

  • Represent holdout group of bondholders in $700m Argentinean government default
  • Represent US citizen/Venezuelan national in defense of a federal criminal investigation in the Southern District of Florida (Miami) involving allegations of unlicensed money transmitting and money laundering
  • Represent group of US auto dealerships in breach of agreements in importation and sale against Indian truck manufacturer. Claims include fraud, negligent misrepresentation, fraudulent inducement, unjust enrichment, civil conspiracy, and violations of the federal automobile dealers Act and state ‘dealer day in court’ laws
  • Represent head of political party in lawsuit for defamation against The Wall Street Journal
  • Represent Latin American, Chinese, and Middle Eastern nationals in recovery of US Visas, following investigations for human rights violations and corruption
  • Represent Venezuelan government agency in lawsuit alleging expropriated property in excess of $1bn, violating the US Foreign Sovereign Immunities Act
  • Arbitration of dispute in Panama between US company and Brazilian general contractor engaged in construction of airport
  • Represent parties allegedly defrauded of equal shares in joint venture to sell power-generating turbines to Venezuelan electricity sector. Includes allegations of fraudulent transfer, an out of state trust, an affiliated company in Panama, and US law enforcement investigations
  • Represented Mexican oil giant, PEMEX, in multimillion-dollar action under federal RICO, involving complex extraterritoriality issues
  • Represented US-multinational corporation victimized by fraudulent acts during government bid process in Peru
  • Represented Central American commodities enterprise in dispute with US-based supplier regarding cross-border shipment of goods under CAFTA-DR
  • Arbitrated commercial dispute in purchase and sale contract transferring airplanes from Central to South American airlines, ultimately sold to a third-party airline in Dubai
  • Represented iron/ore producer in defense of arbitration dispute for maritime vessel and iron/ore contracts in London, Zurich, Miami, and New York
  • Represent prominent, wealthy Honduran family and their business empire against money laundering charges and OFAC designations in federal court in New York City

Global managing partner: Michael Diaz, Jr
Number of partners: 56
Number of lawyers: 60

Offices inUSA: Miami, Florida; Washington, D.C.; Los Angeles, California; New York, New York; Houston, Texas. Latin America: Bogota, Colombia; Buenos Aires, Argentina; Caracas, Venezuela; Lima, Peru; Mexico City, Mexico; Monterry, Mexico; Panama, Republic of Panama; San Pedro Sula, Honduras; Santiago, Chile; Santo Domingo, DR; Sao Paulo, Brasil; Guatemala, Guatemala. EuropeFrankfurt, Germany; Madrid, Spain; Prague, Czech Republic; Moscow, Russia. Middle East / AsiaAbu Dhabi, United Arab Emirates; Dubai, United Arab Emirates; Riyadh, Saudi Arabia; Lahore, Pakistan; Shanghai, China. Africa: Johannesburg

Languages: Arabic, Catalan, Czech, English, Farsi, French, German, Hindi, Italian, Japanese, Mandarin Chinese, Portuguese, Russian, Shanghainese, Spanish

Department Name Email Telephone
OFAC Sanctions, Corporate investigations and white collar criminal Michael Diaz, Jr.
OFAC Sanctions, Corporate investigations and white collar criminal Robert I. Targ
International litigation and arbitration Brant C. Hadaway
International litigation and arbitration Marta Colomar-Garcia
International litigation and arbitration Gary E. Davidson
International arbitration Michael Diaz, Jr.
International litigation and arbitration Roland Potts
White Collar criminal defense Richard Wiedis
Immigration Michael A. Harris
Real estate George Diaz
Real estate Alexandre Ballerini
Sports and entertainment Ahmand R. Johnson
Litigation, Entertainment Kenneth A. Linzer
Tax planning and estates Julio Barbosa
Tax planning and estates Steve Horowitz
White collar criminal defense Juan Vargas
Civil & Criminal Litigation Greg Ahlgren
Photo Name Position Profile
 Greg Ahlgren  photo Greg Ahlgren Partner
Ms Marta Colomar-Garcia  photo Ms Marta Colomar-Garcia Administrative Managing Partner
 Javier Coronado Diaz  photo Javier Coronado Diaz Associate Attorney
 Gary Davidson  photo Gary Davidson Partner
 Michael Diaz, Jr.  photo Michael Diaz, Jr. Global Managing Partner
 Brant Hadaway  photo Brant Hadaway Partner
 Roland Potts  photo Roland Potts Partner
Mr Robert Targ  photo Mr Robert Targ Founding Partner
 Juan Vargas  photo Juan Vargas Of Counsel
 Richard Wiedis  photo Richard Wiedis Partner

Latin America

2020 Business Law Trends in Latin America

The pandemic has triggered the most profound humanitarian, health, and economic crisis the region has faced in a century. The evolving regulatory landscape, owing to ongoing efforts to confront COVID-19 and protect public health and safety, creates a broad range of novel legal concerns for businesses in Latin America (“LATAM”).

Making the Best of the Fiscal Panorama

While regional governments continue to focus on ensuring that the health sector has enough resources to protect the public, there is also growing concern about preserving jobs and production capacity through liquidity mechanisms for companies, particularly small and medium-sized enterprises. To that end, countries in the region have implemented targeted fiscal policies related to public spending, tax revenues and liquidity distribution, including giving tax relief to businesses, credit guarantees and loans to the private sector, as well as providing additional capital to public financial institutions and making investments to reactivate infrastructure projects.

Accordingly, companies with operations in LATAM should keep up with tax reforms and how they will alter current tax structures. Companies should also review tax incentive programs, and take advantage of any opportunities for reducing their tax burden.

Changes in the Employment Landscape

There is also a growing concern among governments about the pandemic’s impact on the work environment. Colombia, Brazil, and Peru, among others, have issued additional regulations regarding teleworking arrangements to secure the health and safety of the home workplace, compliance with working hour and rest time requirements, and allocation of incremental work-related expenses. Argentina, Panama, Costa Rica, Brazil, and Mexico have also declared states of emergency, giving companies increased flexibility to change working conditions or suspend employment contracts. El Salvador, Peru, Chile, Argentina, and several other LATAM countries have created programs to support workers’ incomes, including benefits and subsidies that companies can request on behalf of employees, and providing direct coverage of companies’ payrolls during the economic crisis.

Additionally, concerns about employees’ privacy rights have come to the forefront, as more LATAM businesses have been forced to operate remotely during the COVID-19 pandemic. The notion that individuals have a fundamental right to privacy, especially in their home, and that they should be able to control personal information disseminated in public or private databases (habeas data) is one of the core elements of a number of national constitutions in the region. Unsurprisingly, companies from several LATAM jurisdictions must notify employees of any methods used to remotely monitor their activities, and grant them access to any information gathered from them as part of such remote monitoring.

Increase in Commercial Litigation and Arbitration

With many micro, small and mid-sized enterprises in the region facing insolvency, the pandemic has exacerbated commercial litigation, including litigation over how to allocate risks of, and damages caused by business disruption and the nonperformance of contractual obligations. In LATAM, these disputes often involve determining whether COVID-19 or its economic and regulatory impacts constitute events that the parties can neither reasonably anticipate nor control, and which prevent one or more parties from performing obligations under the contract. This is because most judicial systems in the region provide for possible defenses in such circumstances under doctrines of force majeure, impossibility (hardship), impracticality, fortuitous event, and/or frustration of purpose.

The coronavirus outbreak is also likely to boost arbitration in LATAM, since certain governmental measures during COVID-19 may give rise to claims under bilateral or multilateral investment treaties. Policies such as increasing and tightening foreign investments screening in certain sectors of the economy (e.g., security, defense, health and infrastructure) may be deemed in breach of treaty protocols such as the fair and equitable treatment and most favored nation standards, or prohibitions against state expropriation of private property without compensation.

Against this backdrop, impacted parties in the region should carefully analyze their legal rights and obligations under the specific terms of existing commercial agreements, financing instruments, and insurance policies. Companies currently negotiating commercial agreements in the region should also prioritize questions concerning the appropriate allocations of risks resulting from the coronavirus outbreak.

New Dynamics in the Real Estate Market

The real estate market in LATAM has taken a substantial hit, under the headwinds of a broad regional economic slowdown and exacerbated investor uncertainty. Nevertheless, in countries such as Peru, Mexico and Colombia. the pandemic has stimulated demand for real estate with outdoor space, resulting from lockdown policies and a shift towards remote working. The pandemic is also accelerating the adoption of new digital technologies in the real estate industry, such as online platforms to connect parties to real estate transactions, and is boosting competition among mortgage lenders. Legislators in the region have been called to update their laws relating to commercial leases and utilities to adopt to a new reality.