Firm Profile > Nader, Hayaux y Goebel, SC > Mexico City, Mexico

Nader, Hayaux y Goebel, SC
TORRE ARCOS, PASSEO DE LOS TAMARINDOS 400 B
7th FLOOR COL. BOSQUES DE LAS LOMAS
MEXICO, D.F. 05120
Mexico

Banking and finance Tier 1

A ‘very sophisticated law firm involved in the most complex deals’, Nader, Hayaux y Goebel, SC is applauded for its solid practice. The core group of the firm’s 31-strong banking and finance department has been working together for three decades, advising clients on national and international securitisation and structured finance deals, equity placements, equity funds and leveraged buyouts, leasing, corporate lending, real estate finance and project financing, as well as on regulatory matters, workouts, insolvency and restructurings. While mostly acting on the side of lenders, recent borrower-side work included assisting Altán Redes on the $50m cross-border financing for the Red Compartida Project, granted by Corporación Andina de Fomento (CAF). The case was led by practice head and 'genuine point of reference' Michell Nader, who also teamed up with Adrián López G to represent Bank of Montreal Capital Markets. as banking syndicate agent, on the second debt restructuring process of Bombardier Recreational Products. In other activity, Julián Garza led the team that assisted Rabobank in connection with the MXN$117.6m acquisition of approximately 15.3% of the capital stock of Banco Finterra; while Hans Goebel acted as lead counsel to Wells Fargo in a cross-border refinancing transaction involving Real Alloy as borrower (combined transaction value of $155m); and Javier Arreola led advice to MetLife on a MXN$1.644bn loan in favour of various CKD trust vehicles formed by Walton and Planigrupo. Eduardo Villanueva assisted Banco Sabadell, Banco Nacional de México, HSBC México, Banco Monex, CAIXA Bank and SabCapital as administrative and collateral agents on the $211m financing for the acquisition of Hyatt Regency Mexico. Key support comes from highly recommended counsel Mónica Ramos. Other key practitioners include Yves Hayaux-Du-Tilly, Gunter Schwandt, Alejandro Rojas, and José Humberto Rocha S, who made partner in January 2019. Clients include Bank of America, CitiBanamex, Prudential, Bancomer, Barclays, BNP Paribas, and Scotiabank.

Bankruptcy and restructuring Tier 1

The 10-strong team at Nader, Hayaux y Goebel, SC offers ‘great communication and commitment’. The lawyers ‘are very knowledgeable and have the ability to take that knowledge and apply it and offer practical and constructive advice’. The group works on the side of creditors and debtors, handling restructurings and workouts and related litigation, also working internationally. In highlight work, practice co-heads Michell Nader (‘knowledgeable, pleasant to work with, insightful and constructive’) and Javier Arreola continued to represent the largest group of creditors in the $1.7bn insolvency and workout of Altos Hornos de México (AHMSA), the country’s largest steel manufacturer that was in suspension of payments for 17 years; and PGIM Real Estate (formerly Prudential Real Estate Investors - PREI) in the $3.7m restructuring of a real estate portfolio developed with ViveICA, which was in payment default under its joint venture with the client, with the payment obligations guaranteed by Empresas ICA. In other work PGIM Real Estate was assisted by Nader and Julián Garza  in the restructuring of another real estate portfolio, valued at $700m and developed in conjunction with Mexican housing developer Urbi, and in executing amendments to agreements relating to the restructuring of another portfolio, valued at $250m and developed with GEO. Hans Goebel continued to assist Oro Negro, a Pemex oil rig contractor, in its multi-jurisdictional $1bn insolvency. Other key practitioners include Yves Hayaux-du-Tilly L. and senior associate Lucía Laganá. Other clients include Bank of America, Barclays Bank, Rabobank, Danske Bank, and Sumitomo Mitsui Bank.

Capital markets Tier 1

The ‘great team’ at Nader, Hayaux y Goebel, SChas extraordinary levels of technical legal knowledge; this, in addition to the very close level of engagement the lawyers have with their clients, sets them apart from other firms'  notes one client. 'They spend a lot of time learning about our business so they can propose the most appropriate legal structure' and function as 'an extension of our in-house legal department’. A team of 13, the core of which has been working together for over 25 years, advises on the full spectrum of capital markets issues, from securitisations and structured finance to equity placements, IPOs and equity-fund leveraged buyouts; it is also experienced in CKD and FIBRA matters and works on capital raisings to fund infrastructure and energy projects. In highlight work the practice advised lead underwriter Punto Casa de Bolsa on the IPO of Fibra Educa involving a MXN$9.43bn public offering of senior real estate bonds (certificados bursátiles fiduciarios inmobiliarios - CBFIs) on the Mexican market for the purpose of acquiring a portfolio of 87 properties across Mexico; Grupo Elektra on the creation of a MXN$15bn debt programme, and a first MXN$5.5bn issuance thereunder; investors Be Grand on an MXN$800m public offering of structured notes (certificados bursátiles fiduciarios de desarrollo - CKDs), again, on the Mexican market; and Grupo O'Donnell on the structuring and placement of MXN$400m of structured notes, an initial step towards the creation of a private-equity fund to invest in industrial real estate and urban infrastructure. Practice head Michell Nader continues to be a reference in the market; Hector Arangua and Hans Goebel ‘stand out due to the quality of their advice, their technical knowledge and the high level of direct engagement they have with their clients’. Other practitioners of note are Julián Garza , Gunter Schwandt, Diego Sanchez Villarreal, Mónica Ramos, and Ana Paula Telleria, who made partner in January 2019. Other clients include CitiBanamex-Accival, Citibank, Axis, Artha Capital, Bank of America, Barclays, Bancomer, Banco Santander, Banorte-Ixe, Navix, Desarrollos Delta, and Jefferies.

Corporate and M&A Tier 1

Nader, Hayaux y Goebel, SC is a top choice for complex corporate matters, including major M&As, joint ventures, spin-offs and private equity buyouts. The 'very professional' 11-partner team is praised for 'understanding the business', and has a strong bench of highly experienced partners, including the firm's founders Michell Nader, Hans Goebel, and Yves Hayaux-Du-Tilly, who is 'an expert in insurance matters'. Recently the firm advised Singapore-based CMIG International, as Mexican counsel on its US$300m acquisition of the Latin American insurance and fund management business of Old Mutual Life. The team also acted for Grupo Diagnostico Proa on the US$80m sale of a 32% stake in Labatorios Chopo to Temasek and LIV Capital. Other key partners in the team include Julián Garza , who 'in addition to having extensive experience, is a lawyer dedicated to customer service', and Luciano Pérez Gómez. International clients also benefit from the firm's London office.

Insurance Tier 1

The ‘solid’ 17-strong team at Nader, Hayaux y Goebel, SC is the preferred choice of clients because it is ‘always a reference in the industry and a reliable legal partner for complex issues’. With 25 years’ experience in the sector and offices in Mexico City and London, it has a primary focus on non-contentious matters, including the corporate, regulatory, transactional and compliance aspects of the sector, along with product design and product development, although it does also cover contentious matters such as claims, coverage issues, arbitration, litigation, and insurance and reinsurance recoveries. In a stand out mandate, the practice acted for AXA as Mexican co-counsel on the insurance regulatory aspects related to its $15.3bn cash acquisition of XL. Current work includes acting as Mexican counsel to Singapore-based CMIG International (a subsidiary of China Minsheng Investment) on its $300m acquisition of the Latin American business operations of Old Mutual, the first acquisition by a Chinese company in Mexico. In other work, the firm is acting as Mexican co-counsel to Fidelity National Financial on regulatory issues arising from its $1.2bn acquisition of Stewart Information Services and on securing the regulatory approvals required from the Mexican insurance and antitrust regulators. Working between Mexico City and London, 'market leader' Yves Hayaux-Du-Tilly heads the practice, handling transactional work, dispute resolution, product development, regulatory and corporate matters, corporate governance and compliance. Covering contentious and non-contentious matters, Luciano Pérez Gómez is an ‘outstanding counsel. He builds strong relationships with his customers based on trust and great customer service’. London-based senior associate Juan Pablo Sáinz focuses on advising the London market on Mexican law in relation to coverage and regulatory issues and international transactions. Other names to note include Michell Nader, Julián Garza , Eduardo Villanueva Ortiz. The team also counts on an increasingly specialised team of intermediate associates. Clients include Assurant, Principal Financial Group, Laureate International Universities, Cardif México Seguros Generales, Cardif México Seguros Vida, and Dentegra Seguros Dentales.

Projects and infrastructure Tier 1

Nader, Hayaux y Goebel, SC is 'very responsive and adopts a pragmatic approach to thorny problems'. The 'very impressive' team has a deep bench of partners with plenty of expertise including Michell Nader, particularly for energy projects; the 'pragmatic, solutions-oriented and knowledeableJavier Arreola, Alejandro Rojas, and PPP-specialist and 'great lawyer', Vanessa Franyutti. Recent notable projects-work includes advising SIMEPRODE, an agency of the state of Nuevo Leon, on the structuring and development of Mexico's first waste-to energy PPP. The practice also represented the Water Commission of the state of Sonora on the bidding process to build, operate and maintain a major desalination plant in Guaymas. Since publication, rising star Santiago Medina has been made partner, effective January 2020.

Real estate Tier 1

The 22 lawyers at Nader, Hayaux y Goebel, SC ‘handle matters with the commitment and importance as if they were their own’, notes one client. As is the case in the finace sector the core of the sizeable team (which includes nine partners) has been working together for over 20 years. Over that time it has handled the full gamut of real estate finance; the development of residential, business, retail, industrial and hospitality properties; real estate funds; foreign investment trusts and other investment vehicles; time-shares and fractional ownership systems; acquisitions, sales and sale-leasebacks; joint ventures; dispositions; private and public securities offerings; acquisitions of properties through debt-to-equity conversions; security interests; infrastructure projects; due diligence work including environmental and zoning regulations; and leasing. In recent highlights the team assisted FibraHotel with a MXN$1bn secured loan facility granted by Banorte for the acquisition and construction of hotels; advised Banco Sabadell, Banamex, HSBC México, Banco Monex, CAIXA Bank, and SabCapital on the $211m financing for the acquisition of the Hyatt Regency Mexico hotel; and acted for Be Grand, as investor, on the public offering of MXN$800m CKDs in the Mexican market. The practice is lead by ‘very intelligent’ name partner Michell Nader, who is a stalwart of the market, 'very much active' and a reference for his finance expertise; other key practitioners includeprojects and PPP specialist Vanessa Franyutti, Eduardo Villanueva, and Alejandro Rojas . Their fellow partners Javier Arreola, Hans Goebel, Julián Garza , Gunter Schwandt, and Adrián López G. are also active in the sector. Clients include GE Real Estate México, Prudential Real Estate Investors / Prudential Mortgage, Metlife, MSD Capital, Inmobiliaria Helmer, Verde Realty and Vertex.

Energy and natural resources Tier 2

Nader, Hayaux y Goebel, SC is extremely experienced in major energy and natural resources investments, including complex financings for renewable energy projects. The firm also has strong expertise in the water sector, having advised clients such as the Sonora Water Commission on a PPP bid to build and operate a desalination plant in Guaymas. Key energy deals include advising BlackRock on the multimillion-dollar sale of its stake in Sierra Oil & Gas. The firm also represented SIMEPRODE, a decentralised agency of the state of Nuevo Leon, on the PPP structuring of Mexico's first waste-to-energy project. The five-partner team includes name partner Michell NaderHector Arangua, Javier Arreola, Vanessa Franyutti, and Alejandro Rojas.

Tax Tier 3

Nader, Hayaux y Goebel, SC 'is always ready to help no matter what. The lawyers are always looking for new and creative ways of adding value. They become friends and not only tax or legal advisors, and they spend several hours understanding the business in order to provide top-level service’. The relatively small team -now four-strong- handles the tax aspects of high-end transactions and projects, including M&A and capital markets (including CKDs, ETFs and Fibra Es), as well as day-to-day tax matters and those relating to the recent reforms in the Mexican energy sector. The team advised Caisse de dépôt et placement du Québec (CDPQ) on a tax due diligence and on structuring the acquisition of a portfolio of companies which includes both the operator and the concessionaire of the Circuito Exterior Mexiquense; Desarrollos Delta on the structuring and placement of its first, real estate-focused CKD for an aggregate amount of MXN$2.35bn; and the investors and the manager of EMX Capital in connection with the Mexico-related tax implications arising in Mexico (and elsewhere) as a result of the MXN$1.246bn divestiture of its participation in Autotransportes El Bisonte. Practice head Adalberto Valadez sets its culture: ‘what makes this practice unique is the knowledge and creativity of the leader of its tax practice, and his leadership within his team’;  he is ‘the best tax advisor for deal structuring, with immense knowledge of bilateral and foreign treaties with Mexico’. Key support comes from associates Alejandro Gordillo and from Fernanda Mateospayró, who joined in October 2018 from Foley Gardere Arena. The firm's commitment to the practice and its growth was further demonstrated in July 2019 with the hire of Ángel Escalante Carpio from his own firm, as a partner, significantly deepening the bench; his practice extends into IT&C and AML matters. Other clients include Artha Capital, Banyan Tree, BlackRock, DILA Capital, General Electric and CKD Infraestructura México.

TMT Tier 3

Clients value Nader, Hayaux y Goebel, SC because the lawyers ‘take the time to get to know their clients' sector and, with a regulatory approach, express their opinions’. Seven lawyers have TMT expertise at the heavyweight corporate firm, covering regulatory matters and corporate and finance transactions, across the telecommunications and broadcasting sectors, including satellite and fintech. Unsurprisingly, the team boasts notable clients, such as key client Eutelsat, which continued to instruct the firm on corporate, regulatory and transactional matters (including on corporate reorganisation affairs and capitalisation issues), as well as  related licensing matters; and Altán Redes, which the team advised on the $50m cross-border financing for the Red Compartida Project, granted by Corporación Andina de Fomento. In other work, it assisted Austria-based global IT service provider, Comparex with its acquisition by SoftwareONE, from Raiffeisen Informatik. Julián Garza and Michell Nader co-head the practice; Garza is ‘always innovating and adapting to the clients’ environment’; Gunter Schwandt is another key practitioner. Other clients include Telefónica, Telefónica Movistar México, Grupo Salinas, and TV Azteca.

Nader, Hayaux & Goebel (NHG) is a market leader in mergers and acquisitions, banking and finance, securities and capital markets, structured finance, telecom, tax, insurance and reinsurance, project finance, real estate, energy and infrastructure, restructurings and workouts, real estate, government procurement and antitrust. NHG is formed by eighteen partners and more than thirty five associates, and represents one of the largest groups of corporate finance experts in the Mexican market, which has been working together for more than 30 years.

NHG is the only Mexican law firm with an office in London, with a strong focus on developing and pursuing business opportunities among Mexico, the UK and other European countries. The firm also enjoys excellent working relationships with law firms in all major cities around the world.

The firm’s banking and finance practice group is one of the largest dedicated to banking and finance. It involves a range of services, including corporate, commercial and syndicated lending, project finance, structured finance, capital markets, securitization, equity offerings, equity funds, insurance, leasing, real estate finance, workouts, insolvencies and restructurings, regulatory and transactional matters.

The mergers and acquisitions practice group represents Mexican and foreign clients in all aspects of M&A, including joint ventures, strategic alliances, stock and asset purchases, takeovers, shareholders’ disputes, corporate governance, regulatory matters, antitrust and foreign investment. The group has taken private a number of public companies, having unique expertise in mergers and spin-offs of financial institutions.

The firm’s real estate work includes advice to parties in all types of transactions, including financing and securitization; development of commercial, industrial and residential facilities; structuring of domestic and international funds both private and publicly traded, including CKDs; acquisitions, sales and sale-lease backs; and private and public offerings of securities representing a real estate interest, including Fibras.

The insurance and reinsurance practice group has been advising and representing leading insurance and reinsurance companies around the world in Mexican and Latin American matters. The firm is a leader on the functional aspects of insurance operations, as well as on regulatory and transactional matters, and is experienced in dealing with administrative authorities.

The firm’s securitization and structured finance work has covered securitizations of existing assets and future flows, relating to a diversified base of underlying assets, including credit card, toll roads, governmental fees, mortgage loans, car loans, retail, consumer, export, maritime freight and airfare receivables, infrastructure and rental streams.

The capital markets group is formed by specialists who regularly advise issuers, investors, broker dealers, credit enhancers and underwriters in international and domestic public and private offerings, including IPOs, as well as on disclosure, and insider trading issues and enforcement matters.

The workouts and insolvency practice group has advised secured and unsecured lenders in over $20bn of restructurings and workouts. The firm has been involved in every aspect including strategic alliances, structuring, asset divestitures, leveraged buyouts, debt repurchases and refinancing.

The firm’s infrastructure and energy work has included the implementation of public-private partnerships (PPPs), Pemex-related transactions, project finance, toll road financings and construction, airport transactions, hospitals and other infrastructure industries.

NHG frequently handles complex corporate, finance and regulatory telecom transactional matters in the broadcasting, mobile carrier and satellite industries, among others.

NHG’s tax group advises public and private companies in connection with taxation matters involving mergers and acquisitions and capital markets transactions, equity funds and multiple cross-border transactions.

Our antitrust practice group consists of a highly experienced team offering a wide range of services, from general antitrust consulting to merger control proceedings, investigations into monopolistic practices and proceedings, antitrust compliance consulting, advice on bidding and market conditions, and government entity advising.

Photo Name Position Profile
Mr Hector Arangua Lecea  photo Mr Hector Arangua Lecea
Mr Javier Arreola Espinosa  photo Mr Javier Arreola Espinosa
Ms Vanessa Franyutti Johnstone  photo Ms Vanessa Franyutti Johnstone
Mr Julián Garza Castañeda  photo Mr Julián Garza Castañeda
Mr Hans P Goebel Caviedes  photo Mr Hans P Goebel Caviedes
Mr Yves Hayaux-du-Tilly L.  photo Mr Yves Hayaux-du-Tilly L.
Mr Adrián López González.  photo Mr Adrián López González.
Mr Alejandro Mendiola D  photo Mr Alejandro Mendiola D
Mr Michell Nader Schekaiban  photo Mr Michell Nader Schekaiban
Mr Luciano Pérez Gómez  photo Mr Luciano Pérez Gómez
Mr Alejandro Rojas  photo Mr Alejandro Rojas
Mr Diego Sanchez Villarreal  photo Mr Diego Sanchez Villarreal
Mr Gunter Schwandt  photo Mr Gunter Schwandt
Mr Adalberto Valadez  photo Mr Adalberto Valadez
Mr Eduardo Villanueva Ortiz  photo Mr Eduardo Villanueva Ortiz
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English
Spanish

Nader, Hayaux & Goebel (NHG) is a market leader in mergers and acquisitions, banking and finance, securities and capital markets, structured finance, insurance and reinsurance, project finance, real estate, energy and infrastructure, restructurings and workouts, government procurement, tax, telecom and antitrust. It is formed by 15 partners and more than 35 associates, and represents one of the largest groups of corporate finance experts in the Mexican market, who have been working together for more than 30 years. It is also the only Mexican law firm with an office in London, and enjoys excellent working relationships with law firms in all major cities around the world.

The firm’s banking and finance practice group is one of the largest dedicated to banking and finance. It involves a range of services, including corporate, commercial and syndicated lending, project finance, structured finance, capital markets, securitization, equity offerings, equity funds, insurance, leasing, real estate finance, workouts, insolvencies and restructurings, regulatory and transactional matters.

The mergers and acquisitions practice group represents Mexican and foreign clients in all aspects of M&A, including joint ventures, strategic alliances, stock and asset purchases, takeovers, shareholders’ disputes, corporate governance, regulatory matters, antitrust and foreign investment. The group has taken private a number of public companies, having unique expertise in mergers and spin-offs of financial institutions.

The firm’s real estate work includes advice to parties in all types of transactions, including financing and securitization; development of commercial, industrial and residential facilities; structuring of domestic and international funds both private and publicly traded, including CKDs; acquisitions, sales and sale-lease backs; and private and public offerings of securities representing a real estate interest, including Fibras.

The insurance and reinsurance practice group has been advising and representing leading insurance and reinsurance companies around the world in Mexican and Latin American matters. The firm is a leader on the functional aspects of insurance operations, as well as on regulatory and transactional matters, and is experienced in dealing with administrative authorities.

The firm’s securitization and structured finance work has covered securitizations of existing assets and future flows, relating to a diversified base of underlying assets, including credit card, toll roads, governmental fees, mortgage loans, car loans, retail, consumer, export, maritime freight and airfare receivables, infrastructure and rental streams.

The capital markets group is formed by specialists who regularly advise issuers, investors, broker dealers, credit enhancers and underwriters in international and domestic public and private offerings, including IPOs, as well as on disclosure, and insider trading issues and enforcement matters.

The workouts and insolvency practice group has advised secured and unsecured lenders in over $20bn of restructurings and workouts. The firm has been involved in every aspect including strategic alliances, structuring, asset divestitures, leveraged buyouts, debt repurchases and refinancing.

The firm’s infrastructure and energy work has included the implementation of public-private partnerships (PPPs), Pemex-related transactions, project finance, toll road financings and construction, airport transactions, hospitals and other infrastructure industries.

NHG frequently handles complex corporate, finance and regulatory telecom transactional matters in the broadcasting, mobile carrier and satellite industries, among others.

NHG’s tax group advises public and private companies in connection with taxation matters involving mergers and acquisitions and capital markets transactions, equity funds and multiple cross-border transactions.

Department Name Email Telephone
Banking and finance
Mergers and acquisitions
Tax
Telecom
Real estate
Insurance and reinsurance
Securities and structured finance
Capital markets
Restructuring and insolvency
Project finance
Energy and infrastructure
Antitrust
Other fee-earners : 35
Partners : 15