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

International litigation Tier 3

Diaz Reus International Law Firm & Alliance is a go-to name for disputes between US and Latin American clients. Based in Miami, the team is jointly led by Michael Diaz Jr.Gary Davidson and Brant Hadaway, and handles a range of cross-border disputes with multi-jurisdictional elements and parallel proceedings, including those involving state-owned entities or sovereign representatives. The group counts commercial litigation, financial fraud, sovereign immunity issues, asset recovery cases and construction disputes among its areas of expertise. Roland Potts is is recommended in particular for construction disputes, while Marta Colomar-Garcia is a name to note for general corporate and commercial disputes. The team also handles international criminal work, particularly with a focus on regulatory and money laundering requirements; Diaz Jr. is stands out in this regard, as does associate Javier Coronado Diaz, who splits his time between Colombia and Miami.

Practice head(s):

Michael Diaz Jr.; Gary Davidson; Brant Hadaway

Other key lawyers:

Marta Colomar-Garcial; Roland Potts; Javier Coronado

Key clients

DRI Mortgage and DRI Capital Fund

Nestor Colon

Ruben Idler

Rosita Gomar

Eddy Salloum

Zev Supplies Corp.

Warren Barthes (individual) and Good Investments, SARL

Certain commercial defendants in Luxottica Group S.p.A. & Oakley, Inc. vs. The Partnerships, et al.

Certain commercial defendants in Ouyeinc Ltd. vs. The Partnerships, et al.

Midway Labs USA, LLC; Midway Tecnologia de Alimentos, LTDA.; Wilton Colle; and Catherine Colle

TCB Advisors, LLC, Inversiones Mirko, Hector Luis Hulian Garcia, Angel Franciso Bernardo Ugueto Otanez, Alberto Jose Sanchez Martinez

Corporate investigations and white-collar criminal defense

With particular strength in representing high-profile individuals from Latin American countries, Miami-based Diaz Reus International Law Firm & Alliance counts government officials and senior executives among its impressive client base. Its varied case history includes the defense of corruption, bribery, and money laundering; national security claims; RICO and FCPA matters; and other issues arising from alleged transnational crime. The firm’s wide-ranging expertise also includes asset identification, location, tracing, repatriation, and recovery. Michael Diaz has a network of noteworthy contacts across South America, which generates a strong body of work relating to public corruption and white-collar crime. Also recommended is Robert Targ, who has been active in asset seizure, forfeiture, and global money laundering issues.

Practice head(s):

Michael Diaz; Robert Targ

Other key lawyers:

Richard Wiedis; Greg Ahlgren; Juan Vargas; Marta Colomar-Garcia

Testimonials

‘They are extremely professional, they have a complete understanding of the legal procedures and the best routes to be followed to achieve the appropriate solution to the demands’. 

‘Their performance is excellent’.

‘Their strength is in their attorneys’ knowledge and professionalism’.

‘They are highly trained and experienced lawyers, with exceptional analytical ability; they go directly to the important points of problems, have great bargaining power and a thorough knowledge of the laws’.

‘They have the capability to adapt to any circumstances’.

‘Clever, resourceful and successful in litigation and arbitration’.

‘Each lawyer masters his area and expertise very well, and comes together with others generating excellent results’.

‘They have a very solid reputation among their peers and general stakeholders, making it easier to navigate the complexities of the law’.

Key clients

Prakazrel Michel

Amir Nassar

Hector Nuñez

Edoardo Orsoni

Rafael Cedeno

Chris Barkovic

Jose “Pepe” Leggio

Peter Karam

Latin America: International firms > Compliance and investigations Tier 3

Diaz Reus International Law Firm & Alliance has a fine reputation for representing public officials and other individuals in regulatory investigations and white-collar cases, alongside its experience in OFAC sanctions. While much of the firm's Latin America practice has centred on Venezuela over the years, it has built a much stronger record across Latin America, including Nicaragua and other Central American states. Global managing partner Michael Diaz leads many of the firm's key cases, with support from Robert Targ, another experienced figure in white-collar crime cases, including FCPA charges, OFAC sanctions, money laundering cases and bank fraud. Marta Colomar-Garcia is noted for anti-money laundering expertise.

Practice head(s):

Michael Diaz; Robert Targ

Key clients

Amir Nassar

Hector Nuñez

Edoardo Orsoni

Rafael Cedeno

Chris Barkovic

Peter Karam

Jespa and Romeo Mouawad

Eduardo Iglesias

Gustavo Orsoni

Fabio Tordin

Latin America: International firms > International arbitration Tier 5

Gary Davidson, Michael Diaz, Jr. and Brant Hadaway front the Latin American international arbitration practice at Miami-based Diaz Reus International Law Firm & Alliance. The practice is focused predominantly on commercial arbitration and litigation work in sectors ranging from construction and mining to retail and technology. Clients value the firm’s ‘proven experience in all arbitration forums and procedures’ and ‘ability to integrate with internal lawyers’ on cases. The ‘methodical and organisedMarta Colomar-Garcia in Bogota is highly regarded by clients who also praise Miami-based practice co-head Diaz Jr. for his ‘deep knowledge and experience’. Matter highlights include representing Western Building Group in a $16m construction arbitration dispute in Panama against construction company Construtora Norberto Odebrecht.

Practice head(s):

Michael Diaz, Jr.; Gary Davidson; Brant Hadaway

Testimonials

‘Proven experience in all arbitration forums and procedures. They have a team of lawyers trained in the different systems of law, which allows them to know and apply the laws and precedents of each country, applicable to each case or arbitration process.’

‘The ability to work in an integrated way with the internal lawyers as a team and open to any suggestion. They are perfectly accessible and available.’

‘Michael Díaz Jr, stands out for his deep knowledge and experience. He adapts to the demands of each case.’

‘Marta Colomar is very methodical and organised in handling processes. She manages all aspects of communication and logistics to perfection.’

Key clients

Western Building Group

Latin America: International firms > City focus - Miami

Diaz Reus International Law Firm & Alliance is primarily known for its work in corruption investigations and white-collar criminal proceedings, frequently representing public officials, business people, high-net-worth individuals, corporates and financial institutions in Latin America, most notably in Venezuela. More recently, the firm has gained additional traction in other Latin American jurisdictions such as Nicaragua. The firm is also active in the Office of Foreign Assets Control (OFAC) sanctions matters and international arbitrations involving Latin American entities. Global managing partner Michael Diaz is a leading figure in corruption investigations into serving and former public officials, OFAC sanctions, and international arbitration. Robert Targ is a senior name in money laundering and other corruption cases, while Gary Davidson has a fine record in disputes involving Latin American individuals and businesses. Brant Hadaway and Marta Colomar-Garcia are also key names.

Practice head(s):

Michael Diaz; Gary Davidson; Brant Hadaway; Marta Colomar-Garcia

Key clients

DRI Mortgage and DRI Capital Fund

Ruben Idler

Rosita Gomar

TCB Advisors

Amir Nassar

Hector Nuñez

Edoardo Orsoni

Rafael Cedeno

Chris Barkovic

Peter Karam

Fabio Tordin

Construcciones Monserca

Disargen

Nodus International Bank

Firm overview:

Miami-headquartered Diaz Reus is a global legal practice focused on national and international parallel proceedings and business transactions in the following broad areas, with Board Certified lawyers in International Litigation and Arbitration, International Law, and Immigration & Nationality Law:
  • Fraud, civil litigation and arbitration
  • White collar crime, regulatory, criminal investigations and defense in matters of corruption, bribery, money laundering, Foreign Corrupt Practices Act, OFAC, Magnitsky Act, CAATSA, Specially Designated Nationals, the Bank Secrecy Act and other US law violations
  • Asset investigations, identification, location, tracing, and recovery
  • Politically sensitive investigations and the recovery of US immigration status and visas
  • Corporate / M&A
  • Real Estate
  • Sports and entertainment law
  • Immigration, tax and estate, family law
  • Sovereign trade, commerce, banking, real estate, intellectual property, capital markets, and finance
  • Corporate/financial institutions, governance and compliance
  • Blockchain and cryptocurrency

Diaz Reus serves US-based and global clients, including multinational corporations, import and export companies, manufacturers, technology companies, government entities, heads of states, political parties, public officials, financial institutions, entrepreneurs, family offices, 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. The firm is dedicated to growing and protecting its clients’ assets and securing their long-term stability. From twenty-seven offices located throughout Latin America, the US, Western and Eastern Europe, Asia, Africa and the Middle East, our multicultural lawyers operate seamlessly, giving clients access to boots-on-the-ground, global legal counsel.

Main areas of practice:

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. Canada: Toronto. Latin America: Bogota, Colombia; Buenos Aires, Argentina; Caracas, Venezuela; Lima, Peru; Mexico City, Mexico; Monterrey, 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. Beirut, Lebanon; Baghdad, Iraq. Africa: Johannesburg, South Africa; Lagos, Nigeria.

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

Department Name Email Telephone
OFAC Sanctions, Corporate investigations and white collar criminal Michael Diaz, Jr. mdiaz@diazreus.com +1 877.247.9277
OFAC Sanctions, Corporate investigations and white collar criminal Robert I. Targ rtarg@diazreus.com +1 877.247.9277
International litigation and arbitration Marta Colomar-Garcia mcolomar@diazreus.com +1 877.247.9277
International litigation and arbitration Gary E. Davidson gdavidson@diazreus.com +1 877.247.9277
International arbitration Michael Diaz, Jr. mdiaz@diazreus.com +1 877.247.9277
International litigation and arbitration Roland Potts rpotts@diazreus.com +1 877.247.9277
White Collar criminal defense Richard Wiedis rwiedis@diazreus.com +1 877.247.9277
Immigration Michael A. Harris mharris@diazreus.com +1 877.247.9277
Real estate George Diaz gdiaz@diazreus.com +1 877.247.9277
Sports and entertainment Ahmand R. Johnson ajohnson@diazreus.com +1 877.247.9277
Litigation, Entertainment Kenneth A. Linzer klinzer@diazreus.com +1 877.247.9277
Tax planning and estates Julio Barbosa jbarbosa@diazreus.com +1 877.247.9277
Tax planning and estates Steve Horowitz shorowitz@diazreus.com +1 877.247.9277
White collar criminal defense Juan Vargas jvargas@diazreus.com +1 877.247.9277
Civil & Criminal Litigation Greg Ahlgren gahlgren@diazreus.com +1 877.247.9277
Photo Name Position Profile
 Greg Ahlgren  photo Greg Ahlgren Partner
 Marcela Blanco  photo Marcela Blanco Partner, Head of the Bogota office
Ms Marta Colomar-Garcia  photo Ms Marta Colomar-Garcia Administrative Managing Partner
 Javier Coronado Diaz  photo Javier Coronado Diaz Partner
 Gary Davidson  photo Gary Davidson Partner
 George Diaz photo George Diaz Partner
 Michael Diaz, Jr.  photo Michael Diaz, Jr. Global Managing 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.