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

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

Mexico > Banking and finance Tier 1

Nader, Hayaux y Goebel, SC offers one of the biggest teams in the market, with over 31 professionals operating in the banking and finance sector. The practice, with renowned project and corporate-finance expert Michell Nader at the helm, is praised for its ‘technical expertise and the ability to propose innovative solutions while always looking after the interests of clients’. It regularly represents a stellar list of global banks, financial institutions and corporate clients, advising on matters ranging from structured finance and securitization deals, equity placements, equity funds and leveraged buyouts, to leasing, corporate lending, real estate finance and project financing. Other key members of the practice include Hans Goebel, who has a strong background in banking law and regulations; Julián Garza , who is lauded by clients for being an ‘extraordinary lawyer’ and for offering ‘service of the highest quality’; Javier Arreola, who specializes in project finance and asset-backed financing; Eduardo Villanueva, who has niche expertise in real estate finance; Yves Hayaux-Du-Tilly, who focuses on the regulatory regime applicable to financial institutions; and José Humberto Rocha. However, former counsel Mónica Ramos moved in-house at Grupo Elektra in January 2021. Since publication, associate Federico Vergara (banking; cross-border, structured and project finance; private equity, M&A and corporate and commercial law), has been appointed of counsel - effective May 2022.

Practice head(s):

Michell Nader S.

Testimonials

‘The team is comprised of lawyers with technical expertise and the ability to propose innovative solutions while always looking after the interests of clients. They have a special ability to provide multidisciplinary advice. Undoubtedly, they stand out among other firms of the same level, especially for their quality of service.’

‘Eduardo Villanueva and his collaborators are extraordinary in their work. They have experience and recognition in the sector, unmatched technical knowledge and an empathy with the client that few lawyers have. They are surprisingly available and quick to respond, without neglecting the legal and integral side of the operation.In particular, Eduardo always knows the matters 120% and always maintains personalised attention.’

‘Julián Garza is an extraordinary lawyer, with a broad and deep knowledge of the subject matter and the industry, and who offers a service of the highest quality.’

‘All of its lawyers have extensive specialised knowledge in banking and finance. In addition, they have good client management and are skilled in closing transactions. I consider the firm to be above other competitors in this field.’

‘They have adapted very quickly to electronic communication methods.’

‘In-depth technical analysis and drafting of documents. In my opinion, partners Michell Nader and José Humberto Rocha have an outstanding level of experience.’

Key clients

Bank of America

Wells Fargo

HSBC

Metlife

BNP Paribas

Credit Suisse

Prudential

Barclays

BBVA México

CitiBanamex

Scotiabank

Rabobank

Bank of Montreal (BMO)

Banorte

Work highlights

  • Advised the ad hoc Group of Aeromexico Noteholders, as lenders, in Aeromexico’s $1bn DIP financing.
  • Advised BBVA Bancomer on a secured financing for an amount of $145m to Promotora Atardeceres del Pacífico.
  • Advised MREIT, as lender, on a secured financing extendedto Puerto Aventuras 2020, as borrower, and Panther Hospitality, as joint obligors, for the acquisition of a hotel located in Puerto Aventuras, Quintana Roo.

Mexico > Bankruptcy and restructuring Tier 1

Nader, Hayaux y Goebel, SC houses a ‘very strong and capable team’ in the field of bankruptcy and restructuring, and is widely praised for its expertise in handling all aspects of restructuring and workout proceedings, and for its skills in cross-border insolvency issues. In 2020 and 2021, the team continued to act for its established and longstanding clients, as well as drawing new clients to the practice. The team, which acts for both creditors and debtors, is jointly led by Michell Nader, a market expert who is lauded by clients for his negotiation skills, and for providing them ‘peace of mind’ when handling matters; and Javier Arreola, who has a solid track record advising on restructurings and workouts. Fellow partner Adrián López, who 'brings to the table a lot of legal technique and experience’, offers key support to the team.

Practice head(s):

Michell Nader; Javier Arreola

Testimonials

‘Very strong and capable team led by Michell Nader. Well known in the area domestically. Lots of experience representing financial investors, both domestic and foreign, looking to work out of troubled situations. They are creative and pro-active. Their approach is always constructive’

‘Extremely responsive, very articulate; lots of international experience. Skilled when dealing with non-Mexican financial investors’

‘Very experienced team in this kind of matter, what distinguishes them is that a partner is always available to any issue. They have also invested a lot in technology to adapt to changes’

‘Michel Nader is an excellent negotiator and knowing that he is on the case gives a lot of peace of mind. Adrián López brings to the table a lot of legal technique and experience’

Key clients

Monex Casa de Bolsa

Ad Hoc Group of Senior Noteholders of Aeromexico

Banobras

Argentem Creek Partners (formerly Black River Asset Management)

Bank of America

Barclays Bank

Rabobank

Danske Bank

Portigon

PGIM Real Estate (formerly known as Prudential Real Estate Investors – PREI)

D.E. Shaw

LandAmerica Financial Group

Oro Negro

Sumitomo Mitsui Bank Corporation

Seguros Azteca Daños

Work highlights

  • Advised the holders of the bonds (certificados bursátiles) issued by Grupo Radio Centro with ticker symbols RCENTRO 16, RCENTRO 17 and RCENTRO 17-2, in the process of restructuring the issuer’s debt under the bonds.
  • Advising the Ad Hoc Group of Holders of 7.000% senior notes due 2025, as lenders in Aeromexico’s DIP financing, as part of its Chapter 11 bankruptcy proceedings.
  • Representing the group of creditors in the insolvency and workout of AHMSA.

Mexico > Capital markets Tier 1

A safe bet when it comes to capital markets, the accomplished 14-strong practice at Nader, Hayaux y Goebel, SC, is sought out and lauded for its ability to operate as ‘an extension of the in-house legal team’, as well as for its ‘great knowledge and experience’ in this field. Headed by the experienced Michell Nader, the department covers the full spectrum of capital markets mandates, from securitisations and structured finance to equity placements, IPOs and equity fund leveraged buyouts, while also boasting proven experience in CKDs and FIBRAs. Comprised of renowned practitioners, the practice includes Julian Garza (who handles securitisations, equity issuances, CKDs and FIBRAs); ‘stand out’ partners Hans Goebel and Hector Arangua; Gunter Schwandt (active in CKDs and securitisations); and the latest addition to the partnership, Ana Paula Telleria, who has a focus on securities and capital markets. Partner Diego Sanchez Villarreal left the firm in 2021.

Practice head(s):

Michell Nader

Testimonials

‘They are an extension of the in-house legal team. They take the time to thoroughly understand the nature of our business in order to provide us with the most efficient solutions’

‘They are always at the forefront, Hector Arangua and Hans Goebel stand out. Julián Garza is also recommended’

‘Very good experience! They adjust to the client’s needs, are well coordinated, meet deadlines and always look out for their client’s interests’

‘Very good value for money proposition, they are looking for a long term relationship and not just a one off’

‘They have great knowledge and experience in these types of transactions’

Key clients

CitiBanamex-Accival

Citibank

Axis

Artha Capital

Bank of America

Barclays

Bancomer

Banco Santander

Banorte-Ixe

Navix

Total Play

CKD Infraestructura Mexico

MercadoLibre

Fibra Storage

Work highlights

  • Advising MercadoLibre in connection with its inaugural $1.1bn debt offering in the US.
  • Advised Total Play on the placement of $575m senior notes, and on the creation of an MX$5bn securitisation programme.
  • Advised real estate company Murano on the establishment of the first multi- CERPI registration in Mexico; the five-year programme is intended to be established for an amount of MX$20bn.

Mexico > Corporate and M&A Tier 1

‘One of the best practices in Mexico’, Nader, Hayaux y Goebel, SC fields a 29-strong team of ’versatile, committed and agile’ practitioners, who are hailed for understanding ‘client’s needs from a business perspective’. With the accomplished Michell Nader at the helm, the department regularly handles sophisticated and complex transactions, as well as advisory for a wide variety of international investors on establishing a presence in Mexico, M&A transactions, and joint ventures with Mexican entities. The team also brings to the table some notable expertise in sectors such as insurance, finance and telecoms, exemplified by having acted on recent deals for AXA México, Assurant and Rabobank. Other key partners include Hans Goebel -described by a client as ‘the best lawyer I have ever met’; insurance expert (and head of the firm’s London office) Yves Hayaux-Du-Tilly; Julian Garza, who is particularly skilled in handling real estate related mandates; Hector Arangua Lecea and Luciano Pérez. Former partner Diego Sanchez Villarreal moved to Baker McKenzie Abogados, S.C.  in February 2021. Since publication, former senior associate José Manuel Zavala (corporate, M&A, capital markets, private equity and structured finace), has been raised to the partnership - effective as of March 2022.

Practice head(s):

Michell Nader

Testimonials

‘One of the best practices in Mexico. They are unique, their lawyers are versatile, committed, agile and understand the client’s needs from a business perspective, which makes the services invaluable.’

‘Yves Hayaux du Tilly is a great lawyer. He is very knowledgeable about the industry and the regulation of insurance in Mexico. He is also very approachable and friendly. Michell Nader has excellent strategic thinking, high quality and dedication to the client.’

‘The team is extremely flexible and approachable. Aside from their superior technical expertise, compared to other firms, they take a practical approach which tends to make working on transactions a lot easier.’

‘Hector Arangua and Hans Goebel have always attended to all of our needs with extreme professionalism, they are always willing to go the extra mile. This has been consistent for many years.’

‘A well-rounded team with good leadership. They always have someone who specializes in the task at hand. They stand out for the quality of customer service.’

‘Hans Goebel is the best lawyer I have ever met.’

‘They are able to turn the complex into the simple.’

‘They take care of the relationship with the client, taking care of them in an immediate, personalised and committed way, with high quality standards.’

Key clients

Wal-Mart

Microsoft

Colony Capital

Telefonica Movistar

Assurant

Nestlé

Grupo Salinas / Elektra

MetLife

Prudential

AXA

Index Ventures and Sofía Holdings

Work highlights

  • Advised Evercore on the sale of its trustee and common representation business in Mexico to CIBanco, the transfer being made through a spin-off / merger transaction approved by CNBV.
  • Acted as Mexican co-counsel to Reed Smith representing Microsoft on the acquisition of Metaswitch Networks; undertaking a due diligence of the Mexican entities and assets of Metaswitch Networks involved in the acquisition.
  • Represented and advised Assurant on the sale of its investment in Mexican assistance services company Iké Asistencia and its affiliates in Argentina, Brazil and Colombia.

Mexico > Insurance Tier 1

Regarded as the ‘allies you want to have by your side in a complex negotiation’, Nader, Hayaux y Goebel, SC has a well-established practice in insurance, with a notable local presence in both Mexico and London. The department has vast expertise across various non-contentious mandates, including corporate, regulatory, transactional, compliance, product design and product development. It also shows good skills in contentious matters, including claims, coverage issues, and insurance and reinsurance recoveries, among other areas. Well-regarded practice head Yves Hayaux-Du-Tilly is well versed in transactional work, dispute resolution, product development, regulatory and corporate matters, corporate governance and compliance. Other renowned members of the team include Luciano Pérez, who covers the gamut of non-contentious insurance services; and London-based senior associate Juan Pablo Sáinz, who advises UK-based clients on Mexican law in relation to coverage and regulatory issues and international transactions. Since publication, Sainz has moved in house as deputy general counsel at Global Prametrics - effective as of April 2022.

Practice head(s):

Yves Hayaux-du-Tilly

Testimonials

‘A team that adapts to the needs of the client. Always professional, technically sound and with impeccable service’

‘Luciano Perez is always available, empathetic to the needs of the business, agile in his responses and technically solid’

‘They are the allies you want to have by your side in a complex negotiation. Yves Hayaux is experienced like few others’

‘Their global vision of the issues is excellent and they are also very good advisors on complex issues or large-scale negotiations’

Key clients

AXA Seguros

MetLife

Grupo Nacional Provincial

HSBC Seguros México

BNP Paribas Cardif

Assurant

Reinsurance Group of America

The Travelers Companies

BUPA Mexico

United Health Group

Sofia Salud

Protección Agropecuaria Compañía de Seguros (Proagro)

Principal Financial Group

Seguros BBVA

Global Parametrics

Grupo Excel

Mercado Pago

Work highlights

  • Advised Global Parametrics on the terms under which the parametric insurance policy purchased from it by the state of Quintana Roo to restore its reefs and beaches from damage caused by hurricanes was placed and reinsured.
  • Advised Bayport on the current Bancassurance structure under which it provides insurance coverage to its clients.
  • Advised AXA México on the structuring and negotiations of the contractual documentation of a joint venture with Keralty.

Mexico > Projects and infrastructure Tier 1

Nader, Hayaux y Goebel, SC houses a ‘tremendously talented’ 12-strong practice, with reliable ‘in-depth knowledge of structuring infrastructure projects’. Garnering additional praise for being ‘extremely committed to clients’, the department combines a market-leading projects practice with outstanding finance skills, and is renowned for its finesse working on the bidding, structuring and financing of PPPs. A group of three experienced partners head the team: Javier Arreola, who remains active in the financing and potential acquisitions of renewable energy projects; Vanessa Franyutti, who is a ‘fantastic negotiator’, and definitely ‘not the type you want on the other side of the table’ (moreover, she has profound knowledge and experience of PPP legislation and practice); and the accomplished Alejandro Rojas, who shows dexterity handling municipal and state water and lighting projects. Recent work highlights include ongoing advice to the water operator of Los Cabos, Baja California (OOMSAPAS) regarding the legal terms of an international PPP bidding process to develop a on a MXN$900m desalination plant project. Senior partner Michell Nader and Santiago Medina provide additional high-level input and expertise.

Practice head(s):

Javier Arreola; Vanessa Franyutti; Alejandro Rojas

Testimonials

‘A very competent and efficient team. They are well organised and the information flows easily.’

‘Vanessa Franyutti is a very competent lawyer with a pragmatic view which is much appreciated. She is a fantastic negotiator, not the type you want on the other side of the table.’

‘In-depth knowledge of structuring infrastructure projects. It is a tremendously talented team, which maintains a broad view of each and every implication of the project.’

‘Their ability to delve into the details of operations is of an exceptional level. They are extremely committed to clients, pay close attention to detail and are highly responsive.’

‘Maria José Raimod Kedhilac and Eduardo Espinosa de los Monteros have shown great capacity and professionalism, advising and supporting us in the integration of our projects.’

Key clients

Water Operator of the City of Los Cabos

CEA Guaymas-Empalme, Sonora

Banco Nacional de Obras Públicas (BANOBRAS)

Sistema Integral para el Manejo Ecológico y Procesamiento de Desechos (SIMEPRODE)

Government of the State of Nuevo Leon

Sumitomo Mitsui Banking Corporation (SMBC)

Murano 2000

BlackRock

Vise

Constructora y Edificadora GIA+A

Fondo Nacional de Infraestrcutura (FONADIN)

Work highlights

  • Advised Power China (Sinohydro) on the analysis of the bid documents and related bankability aspects of the financed public works turnkey contract tendered by state productive subsidiary CFE Generación for the Salamanca combined cycle power plant.
  • Advising OOMSAPAS on the legal terms of an international PPP bidding process to build, operate and maintain for 25 years a desalination plant in Los Cabos, State of Baja California Sur.
  • Advised the CEA on the legal terms of an international PPP bidding -process to build, operate and maintain for 20 years a desalination plant in Guaymas, partially funded by CONAGUA and FONADIN.

Mexico > Real estate Tier 1

Real estate is one of Nader, Hayaux y Goebel, SC‘s core practice areas, so it’ s no surprise that the firm has a powerful, 22-strong team dedicated to the sector, in which it is well-known for its robust capabilities in a wide range of matters; it particularly excels in real estate financing, but also demonstrates solid expertise in real estate fund formation, having previously developed work on REITs and CKDs. The department has proven experience in the tourism and leisure industry, and is composed of skilful and experienced partners with additional expertise in finance, capital markets and M&A, such as: the renowned Michell Nader, who has enormous expertise in real estate finance; Vanessa Franyutti, who stands out for her market-leading expertise in the hospitality segment, as well as her focus on financial aspects across the retail, residential and industrial markets; Eduardo Villanueva, who is well-versed in handling acquisitions and fund formation; and Alejandro Rojas, who has a broad corporate and finance practice and a particular focus on the hospitality sector. Fellow partners Javier Arreola and Julián Garza (who provides key support, particularly as regards fund formation), are other noted members of the team.

Practice head(s):

Michell Nader

Testimonials

‘It is a team focused on achieving results by balancing the points of view of both parties.

‘Eduardo Villanueva, partner in the financing practice, actively participates in transactions. He knows how to delegate but is always on top of the transaction.

Key clients

Marriott

Prudential Real Estate Investors / Prudential Mortgage

Grupo GDI / FibraHotel

Metlife

Credit Suisse

Inmobiliaria Helmer

Grupo Murano

Bancomext

Banco Sabadell

HSBC Mexico

BBVA Bancomer

Work highlights

  • Advising Grupo Murano on a proposed joint venture, association and/or services arrangement with Jones Lang LaSalle regarding the development and management of properties that will operate as hotels in Mexico City and Cancun.
  • Advised Bancomext on a $75m increase in the line of credit under a secured financing to Fibra Nova to result in a total amount of $125m for the acquisition and/or development of industrial properties.
  • Advised MREIT as lender, together with Banorte, on a secured $140m financing to Promotora Amaneceres del Caribe to pay existing debt and for working capital related to the W Cancun Hotel.

Mexico > Compliance Tier 3

Demonstrating a strong focus on anti-money laundering, data protection, consumer protection regulation and anti-corruption, the compliance practice at Nader, Hayaux y Goebel, SC is led by corporate and antitrust practitioner Alejandro Mendiola, who has over 20 years' experience of anti-corruption matters. He is closely supported by a notable group of senior partners, Michell Nader (banking, finance, capital markets and corporate transactional matters); Yves Hayaux-du-Tilly L. (corporate, M&A and insurance), and Luciano Pérez (financial regulatory and compliance as part of a broader corporate finance practice). However, the practice endured the March-2021 departure of AML/CTF specialist Ángel Escalante, who left the firm to re-establish his boutique practice, Escalante & Asociados.

Practice head(s):

Alejandro Mendiola Díaz

Key clients

Toyota Financial Services Mexico

Asociación Mexicana de Entidades Financieras Especializadas (AMFE)

Gröl de Mexico

Work highlights

  • Advised Bayport Mexico on analysing the current Bancassurance structure under which it provides insurance coverage to its clients.
  • Advised the Mexican Association of Specialised Financial Entities (AMFE) on the negotiation and drafting of the new General Vehicle Registry Law (Ley REPUVE).
  • Advised Gröl México on privacy and personal data regulation to initiate operations in Mexico, including the implementation of a privacy policy.

Mexico > Energy and natural resources Tier 3

Nader, Hayaux y Goebel, SC's energy practice earns praise for presenting work-products ‘of the highest quality both from a regulatory and transactional perspective’, and is primarily well-known for its capabilities in major energy and natural resources investments (including complex financings for renewable energy projects), financings and transactions, spanning electricity, water, waste to energy, oil & gas, and to a lesser extent mining. Standout partners of the team include: Javier Arreola, who specialises in the financing, structuring and bidding of energy projects; PPP specialists Vanessa Franyutti and Alejandro Rojas, both of whom also have niche expertise in the water sector and waste-to-energy projects; and younger partner Santiago Medina, who is particularly active on the structuring and financing of energy (including wind and photovoltaic) and water projects. The practice is closely supported by other key partners of the firm such as Hans Goebel who, together with Arreola and Medina, are viewed by a client as a ‘dream team in energy-related transactions’.

Practice head(s):

Javier Arreola; Vanessa Franyutti

Testimonials

‘The firm’s degree of efficiency and effectiveness in the delivery of legal services is unique. Partners Santiago Medina and Javier Arriola head the team which provides a work-product of the highest quality both from a regulatory and transactional perspective.’

‘Hans Goebel is a brilliant M&A attorney with a deep knowledge and understanding of the energy industry.’

‘Hans Goebel, Santiago Medina, and Javier Arreola are our dream team in energy-related transactions, as they complement each other very well and work in a very coordinated manner. They are true problem-solvers and strike a perfect balance between legal-technical skills and commercial knowledge and experience.’

Key clients

Government of the State of Nuevo Leon

CEA Guaymas-Empalme, Sonora (Water Commission of the State of Sonora)

Sistema Integral para el Manejo Ecológico y Procesamiento de Desechos (SIMEPRODE)

Sumitomo Mitsui Banking Corporation

National Infrastructure Fund (FONADIN)

OPDEnergy

Gyrodata

Bancomext

Suez Environnement

Power China (Sinohydro)

Work highlights

  • Advised Power China on an analysis of the bid documents and related bankability aspects of the financed public works turnkey contract tendered by state productive subsidiary CFE Generación for the Salamanca combined cycle power plant.
  • Advising SIMEPRODE, an agency of the Government of the State of Nuevo Leon, on the structuring and development of the first waste-to-energy project in Mexico.
  • Advised SMBC, as lender and administrative agent, regarding two facilities -including letter of credit- granted to subsidiaries of OPDEnergy in Mexico.

Mexico > Tax Tier 3

Seasoned tax advisor, Adalberto Valadez, heads the department at Nader, Hayaux y Goebel, SC, which has a solid track record handling the tax aspects of high-end transactions and projects, including M&A and capital markets' matters (particularly 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 practice also has particular knowledge of the renewable energy segment.  The team recently endured the departure of 2019-hire Ángel Escalante who left to re-found his boutique Escalante & Asociados in April 2021. However, the firm has sought to respond rapidly and incorporated Ana Paula Pardo, who primarily focuses on transactional tax matters, from SMPS Legal in July 2021.

Practice head(s):

Adalberto Valadez

Testimonials

‘The degree of specialisation is high and the level of responsiveness is unbeatable.‘

‘The tax team, and especially Adalberto Valadez, know a lot about the energy sector in Mexico. He is a great professional, with a lot of experience and knowledge, very quick to respond to our doubts, always available to clarify doubts. The knowledge of the (renewable) energy sector is a plus compared to other firms.’

Key clients

Artha Capital

Banyan Tree

BlackRock

Desarrollos Delta

DILA Capital

EMX Capital

General Electric

CKD Infraestructura México

Caisse de dépôt et placement du Québec

Altius Investment Group

Work highlights

  • Assisting Grupo Murano on both the securities and tax aspects of the creation and registration of a $9bn CERPI issuance programme.
  • Advised BlackRock on all tax-related aspects of the structuring of the (up to) MX$100bn ESGMEX fund, a new exchange traded fund (ETF) placed on a Mexican stock exchange which tracks the ESG MSCI Mexico index.  
  • Assisted Altius Investment Group regarding all tax aspects of the structuring of a joint venture with Mexican developers that will focus on residential and commercial properties.

Mexico > Competition and antitrust Tier 4

Established in mid-2018 with the arrival of former officer of the Mexican Antitrust Commission, Alejandro Mendiola, Nader, Hayaux y Goebel, SC‘s young antitrust practice has maintained a steady growth across a broad range of sectors, including those in which the firm is historically strong, such as banking, insurance, real estate, energy and telecoms. Mendiola regularly advises clients involved in merger control clearances and investigations into abuse of dominance and cartels, and has developed antitrust compliance programs for numerous companies. The practice group – which includes key senior associates Daniella Ramírez and Cecilia Serrano Hernández (who arrived in November 2020 following her LLM) – also supports the firm’s prestigious M&A practice as regards merger-control matters. Since publication, the firm has further strengthened the practice with the hire of Gabriel González Aragón -formerly at González Calvillo, SC- as of counsel; effective as of May 2022.

Practice head(s):

Alejandro Mendiola Díaz

Testimonials

‘Alejandro Mendiola takes his work very seriously.’

‘It is a firm with great strength in the analysis of the financial sector’.

‘The distinctive element is the specialisation in financial matters, in which they provide comprehensive services. They also have the capacity to deal with other sectors.’

‘The firm’s lawyers are experienced and reliable in their field, such as antitrust.’

‘Alejandro Mendiola is a good lawyer with a lot of experience and knowledge of the sector. He is very capable and reliable.’

Key clients

Aeromar

Assurant

CI Banco

Pantaleón

AXA

Rodina

Finterra

EXI

Work highlights

  • Advised Mexican airline Aeromar in relation to its acquisition by Mexico’s second largest airline, Interjet.
  • Advised international insurance company Assurant in relation to the sale of its stake in Iké to the founding shareholders of the latter and other third parties.
  • Advised Mexican financial institution CI Banco with respect to its purchase of the trust services business unit of Deutsche Bank México, obtaining unconditional clearance from the Mexican Competition Agency.

Mexico > TMT Tier 4

Nader, Hayaux y Goebel, SC houses a robust seven-strong TMT practice, known for handling high-end, sophisticated transactions across the telecommunications and broadcasting segments (including satellite), as well as complex regulatory matters. The team continues to advise Satélites Mexicanos Eutelsat on capitalisation, licensing and regulatory matters, filings before the telecom authorities, and in relation to data privacy. Senior partner Michell Nader heads the practice together with Julian Garza, who has a focus on corporate, financial and regulatory matters in the sector. Additional partner expertise comes from Gunter Schwandt who has solid expertise in telecom and government procurement matters as part of his broader corporate / finance practice.

Practice head(s):

Michell Nader; Julián Garza C.

Testimonials

‘A strong team with extensive knowledge. Together with his partners, Michel Nader leads one of the best corporate law firms.’

Key clients

Telefónica / Telefónica Movistar México

Grupo Salinas

TV Azteca

Microsoft

Eutelsat

Satélites Mexicanos

Softlayer Technologies

Inter-American Investment Corporation

Compare

Altán Redes

Totalplay

Sinch

Work highlights

  • Advising Eutelsat on corporate, regulatory and transactional matters.  
  • Advised Altán Redes on the Inter-American Development Bank (IADB)’s accession to its $1.8bn facility for the construction of the Red Compartida project with a $50m loan.
  • Mexican co-counsel (in conjunction with Reed Smith) representing Microsoft in the acquisition of Metaswitch Networks, invoving a due diligence of those Mexican entities and assets involved in the acquisition.

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 18 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 35 years.

For the past 10 years, NHG has been the only Mexican law firm with an office in London, focused 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 has participated in many of the largest and most challenging M&A and finance transactions in Mexico, including capital markets and private equity transactions, leverage buyouts, syndicated loans, PPPs, project financings, leasings and transactions in the insurance sector. The firm advises clients on regulatory and government procurements matters. The firm represents leading local and international corporations and financial institutions, as well as Mexican and foreign governments and their agencies.

Banking and finance: The firm’s banking and finance practice group is one of the largest groups of attorneys dedicated to banking and finance matters. Throughout its more than 30 years’ existence, the firm’s banking and finance practice group has played a prominent role in all sectors of the banking and finance industry including capital markets, securitisation, fintech structured finance, equity offerings, equity funds, leverage buyouts, insurance, leasing, corporate lending, real estate finance, project finance, workouts, insolvencies and restructurings, regulatory and transactional matters, among others.

The group regularly advises some of the leading financial institutions in the world, including commercial banks, investment banks, finance companies, broker dealers, export credit agencies, hedge funds, insurance companies, leasing companies, asset-based lenders, pension fund vehicles and other institutional investors.

M&A: The firm’s mergers and acquisitions practice group represents Mexican and foreign clients in all aspects of M&A transactions, including, joint ventures, strategic alliances, spin-offs, stock and asset purchases, takeovers, shareholders’ disputes, reorganisations and restructurings, regulatory matters, antitrust and foreign investment regulations. The firm’s group has unique expertise in mergers and spin offs of financial institutions. The group has a special focus on corporate and M&A advice for publicly traded companies and regulated entities, including financial, infrastructure and real estate companies. The group has advised over the years a wide variety of international investors in their establishment in Mexico, in their acquisitions and joint ventures with Mexican entities and in a wide range of corporate and operational matters in Mexico.

Real estate: The firm’s real estate practice group work includes advice to parties in all types of transactions including: (i) financings, (ii) development, construction and marketing of office buildings, shopping centers, hotels and other commercial, tourism, industrial and residential projects, (iii) structuring and creation of domestic and international funds both private and publicly traded, including real estate CKDs, (iv) issuance of debentures and securitisation of mortgage backed securities and rental payments, (v) structuring and implementation of time-share and fractional ownership systems, and, (vi) private and public offerings of securities representing a real estate interest.

Insurance and reinsurance: The firm’s insurance and reinsurance practice group advises and represents the leading insurance and reinsurance companies in the world in Mexican and Latin American related matters. The firm is a leader in advising its clients on the functional aspects of insurance operations as well as on regulatory and transactional matters and is experienced in dealing with administrative authorities.

Securitisation and structured finance: The firm’s securitisation and structured finance practice group has ample experience in securitisations of both existing assets and future flows with respect to a diversified base of underlying assets, including credit card, tollroads, governmental fees, PPP payments, mortgage loans, car loans, retail, consumer, export, maritime freight and airfare receivables, mortgage and construction loans, and equipment and real estate rental streams.

Capital markets: The firm’s capital markets group is formed by specialists who regularly participate in a wide variety of international and domestic public and private offerings of debt or equity securities, as well as in tender offers, advising issuers, investors, broker dealers, credit enhancers and underwriters and crafting innovative solutions for some of the largest and most complex transactions in the industry.

The firm has most recently actively participated in the structuring and implementation of public and private funds, structured notes, CKDs in a variety of industries and Fibras (the equivalent of US REITs).

Restructuring and insolvency: The firm’s workouts and insolvency practice group has advised secured and unsecured lenders in over USD$20bn of restructurings and workouts.

The firm has been involved in strategic alliances, structuring, coordination and litigation, documentation, asset divestitures, leverage buyouts, debt repurchases, debt swaps, debt-to-equity swaps and refinancing through means ranging from take-out lenders, private equity and public offerings.

Energy and infrastructure: The infrastructure and energy groups have worked on a large variety of transactions in the energy and infrastructure sectors, including in the development and implementation of public private partnerships (PPPs), Pemex and CFE related transactions, project finance, toll roads financings and constructions, airports transactions, energy funds and other infrastructure industries.

Telecom: NHG has an impressive track record handling sophisticated and complex transactions in the telecom sector, including in regulatory and compliance matters as well as in corporate, mergers, acquisitions, divestitures and financing in the broadcasting, satellite and mobile carrier industries, among others.

Tax: The tax practice group has solid experience in providing advice to public and private companies in connection with federal taxation matters in Mexico, as well as in respect of a wide array of international taxation issues. NHG regularly advises clients in connection with the tax implications arising in Mexico in regard to their day-to-day operations, mergers and acquisitions, tax planning, business venture, in capital markets transactions, equity funds, investments, divestitures, nontaxable reorganisations and cross-border transactions.

Antitrust: The 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.

Other offices: London

DepartmentNameEmailTelephone
Partner Julián J. Garza C.jgarza@nhg.com.mx+52 55 4170 3060
Marketing Mariana Calvomcalvo@nhg.com.mx+52 55 4170 3060
Partners : 18
Lawyers : 35
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.

DepartmentNameEmailTelephone
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