CMS Grau > Lima, Peru > Firm Profile

CMS Grau

Peru > Bankruptcy and restructuring Tier 1

The bankruptcy and restructuring team at CMS Grau is co-led by Michelle Barclay, who has extensive experience in cross-border insolvency, and Victor Farro, who is experienced in local and international insolvency matters involving complex litigation and boasts a 13-year stretch at INDECOPI. The team’s experience spans various industries including finance, mining, energy, consumer products and education, among others, with recent work including assisting an international energy company in bankruptcy-related litigation. The team’s work in large cross-border cases benefits from the use of the firm’s international network. Other names to note for insolvency proceedings include associates Javier Marquez and Ivanna Escala.

Practice head(s):

Michelle Barclay; Victor Farro


‘They have very good knowledge of the cases we see, good contacts and are always giving us feedback. The firm is agile, there is a diversity of lawyers and they are very collaborative with our company.’

‘Michelle Barclay is excellent. A lot of knowledge and always has a much better handle than the lawyers of the other parties. Victor Farro, excellent lawyer, good knowledge of bankruptcy processes.’

‘I’d highlight Michelle Barclay and Ivanna Escala.’

‘As a firm they work hard to promote inclusive talent, and have good practices, policies, workshops, etc.’

Key clients

China Fishery Group

Enagás Group

Depósitos Químicos Mineros

Falabella Group – Gamma

Work highlights

  • Acting as advisors to the Chapter 11 Trustee for more than four years and assisted in the China Fishery Group’s consolidated plan of reorganisation.
  • Provided advice to ENAGAS, a Spanish international energy company, in the Gasoducto Sur Peruano bankruptcy case regarding the termination of a concession contract by the Peruvian government.
  • Provided legal advice to Depositos Químicos Mineros (Odfjell Terminals) in an important bankruptcy case handled by the Peruvian Bankruptcy Authority.

Energy and natural resources > Hydrocarbons Tier 1

CMS Grau is ‘very dedicated and recognised in the local oil and gas advisory market’. Strong in contentious and non-contentious mandates, the firm advises on licensing and permitting, land acquisitions, regulatory matters, administrative proceedings and arbitrations, and acts for major service providers and exploration, production and distribution companies. Following the departure of Augusto Astorga to an in-house role at Transportadora de Gas del Perú in October 2022, Eduardo Guevara joined the firm in November from Petroperú and now heads the team alongside Carlos Hamann and Jesús Abanto. Guevara brings notable expertise in development, investment and climate change issues; Hamann stands out in commercial matters, permitting, regulatory matters and day-to-day advice; and Abanto, who was promoted to partner in May 2022, advises private and state-owned companies on natural gas transportation regulations and distribution tariffs.

Practice head(s):

Carlos Hamann; Eduardo Guevara; Jesús Abanto


‘A team with good professionals which is very dedicated and recognised in the local oil and gas advisory market.’

‘Carlos Hamann is an excellent strategist, very well connected and always offers a practical approach to his clients’ problems.’

‘Jesús Abanto is a very meticulous, committed lawyer with excellent knowledge of the natural gas market.’

‘Extensive knowledge of industry and industry practices from both operators and regulators. Remarkable technical capacity, in regulatory and administrative aspects.’

‘Dedication and technical knowledge.’

Key clients

Enagás Internacional

Repsol Exploración, Sucursal del Perú

Schlumberger del Perú

Shell Operaciones Perú


SK Innovation, Sucursal Peruana

EDF Perú

BP Exploration Operating Company

Baker Hughes International Operations

Pluspetrol Perú Corporation


Repsol – Refinería la Pampilla


Gases del Norte del Perú – GASNORP

Petróleos del Perú – PETROPERÚ

Gases del Pacífico

Tullow Oil

Transportadora de Gas del Perú

Nouvo Pignone International – Peruvian Branch

SCDM Energy Limited

Compañía Operadora de Gas– COGA

Olympic Peru Inc., Sucursal del Perú

Okra Energy

Graña y Montero Petrolera

Savia Perú S.A. (KNOC & Ecopetrol)

Consorcio Terminales / Terminales del Perú (GMP + Oiltanking)

International Naval Surveys Bureau – INSB Class

Derco Perú

Petrolera Monterrico

T-Rex Engineering & Construction

Work highlights

  • Advised Enagás on an arbitration claim against the Peruvian Government at the International Centre for Settlement of Investment Disputes (ICSID), based on the breach of the Bilateral Investment Treaty between Peru and Spain.
  • Advised Tullow Oil and Tullow Peru, Sucursal del Perú on the termination of four oil exploration licenses in offshore Peru.
  • Advised Shell Perú on contractual and regulatory matters in relation to its natural gas commercialisation activities.

Peru > Real estate Tier 1

CMS Grau fields a real estate team with ‘a lot of experience and knowledge’, particularly in relation to land acquisitions and real estate matters pertaining to large energy and infrastructure projects. It also advises on urban and rural commercial and residential developments and, in addition to its transactional expertise, handles permitting and authorisations, contracts matters, financing, tax and land rights issues. The team is jointly led by Raul Ravina, Carolina Gajate, Javier Pulgar Vidal and Roberth Rojas. Ravina is a key contact for property rights and land rectification, as well as negotiations with indigenous communities, and is particularly experienced in the mining and infrastructure spaces, while Gajate is active in the retail and office arenas. Pulgar is recommended for land acquisitions, property management, investments and disputes, and Rojas handles transactions and social responsibility issues. At the associate level, Gustavo Atarama deals with sale, lease and usufruct agreements, and Patricia Camacho focuses on real estate matters in the renewables and mining sectors.

Practice head(s):

Raúl Ravina; Carolina Gajate; Javier Pulgar Vidal; Roberth Rojas


‘As strengths, I would say that they offer knowledge, experience and depth in the matters that they address.’

‘In particular, we work more often with Carolina Gajate, who has advised us on various successful real estate transactions. She has extensive experience in the field, is meticulous in assignments, efficient, and generates value in the service she provides us.’

‘Carolina Gajate differs from other lawyers in her experience and how she proposes practical alternatives and solutions to reach the objective sought.’

‘Raul Ravina: excellent lawyer with a lot of experience and quality of service. very attentive to the requirements.’

Key clients

Enel Green Power Perú

Falabella Group

Minera Las Bambas


Transportadora de Gas del Perú – TGP


Anglo American Quellaveco

Graña y Montero Petrolera

Engie Energía Perú

Gases del Norte del Peru

Brescia Group

Queirolo Group

Soluciones Inmobiliarias Morada

Fondos Sura SAF

Compañía Minera Antamina

World Bank


Oncosalud – Grupo Auna

Shahuindo – Pan American Silver

Dreams Corporation

Lima Airport Partners

Inmobiliaria Pardo 200

Work highlights

  • Advising GASNORP on all land acquisition procedures for a 270km natural gas pipeline for natural gas distribution in the Piura region in the north of Peru.
  • Providing legal advice to Anglo American Quellaveco for the development and implementation of the Quellaveco megaproject, which is located at an altitude of 3,500 meters above sea level and covers an area of approximately 39,279 hectares.
  • Advising Lima Airport Partners on drafting a standardised contract that will be used to negotiate with the operators and lessees for the expansion of the airport.

Peru > Compliance Tier 2

The ‘very solid‘ compliance team at international firm CMS Grau is highlighted by clients for its ‘360-degree focus‘, offering advice to both domestic and international companies on compliance programmes, and preventing money laundering and corruption. Carolina Cueva, an expert in criminal litigation, leads the team and brings experience in corporate and white-collar criminal matters. The practice also assists clients in human rights risks assessments, particularly for the mining industry.

Practice head(s):

Carolina Cueva


‘The CMS Grau compliance team is very solid. Carolina Cueva leads her team and practice at CMS Grau in an exceptional way.’

‘In this practice they have a 360-degree focus, not only thinking about criminal compliance but also the integration of compliance as a system.’

‘Excellent advice on Compliance issues.’

Key clients

Corporación Breca


Corporación Peruana de Productos Químicos


Enagás Perú


Ferrovial Agroman Sucursal del Perú

Solvi Essencis Ambiental


Consorcio Internacional Wayra

Limautos Automotriz del Perú

Gold Fields La Cima

Cementos Pacasmayo

Scania del Perú

Pan American Silver

Inmobiliaria Miraflores Perú

Cruz del Sur

Hudbay Peru

Work highlights

  • Audited nine different businesses lines for client Corporacion Breca, which resulted in more than 70 audited areas and more than 90 hours of interviews.
  • Advised MINSUR’s compliance officer on a day-to-day basis on all matters related to compliance, as well as the design and implementation of the ISO 37001 standard within the organisation.
  • Advised PanAmerican’s compliance officer on a day-to-day basis on all matters related to compliance.

Energy and natural resources > Electricity Tier 2

CMS Grau acts for some heavy hitters in the Peruvian electricity industry, including Engie Energia and Enel Distribución, and has a broad offering covering corporate, finance, administrative and regulatory matters, as well as disputes. The team is active in the generation, transmission and distribution sectors and also in the renewables space, where it advises on wind, solar, geothermal and hydraulic projects. The team is jointly led by Ramon Huapaya, Carlos Hamann and Nestor Shimabukuro: Huapaya draws on 20 years of experience in the regulation of public services, concessions and infrastructure issues; Hamann focuses on oil and gas matters; and Shimabukuro stands out for PPPs, regulatory advice and administrative sanctioning proceedings. Senior associate Oscar Alejos also handles administrative law and regulatory matters. Eduardo Guevara joined from Petroperú in November 2022, while Augusto Astorga left for an in-house role at Transportadora de Gas del Perú in October of the same year.

Practice head(s):

Ramón Huapaya; Carlos Hamann; Nestor Shimabukuro


‘Capacity for immediate attention, technical knowledge of the business. Additionally, they have an excellent team of professionals.’

Key clients

Luz Del Sur

Enel Distribución

Empresa De Generación Huanza

Isa Interconexión Electrica


Engie Energia Peru

Inland Energy

Sociedad Nacional Mineria Petroleo Y Energía

Aluz Clean Energy

Corporacion Andina De Fomento

Work highlights

  • Representing Luz Del Sur on a regulatory procedure to approve the Investment Plan in Transmission for the period 2021-2025.
  • Advising ENEL Distribución Perú on a procedure against the Peruvian Energy Agency (OSINERGMIN).
  • Advising EDF Perú on a due diligence procedure, previous to the acquisition of the Humay Thermal Power Plant, located in Ica, Peru.

Peru > Environment Tier 2

The environmental law team at CMS Grau is particularly strong in non-contentious matters, including compliance, regulatory matters and permitting, and acts for an array of high-profile multinational clients, with a focus on the energy, aviation, mining, hydrocarbons, chemical, industrial and fishing sectors. First developed 19 years ago, the firm’s GEORGE software facility advises clients on compliance and risk management and many of the firm’s key clients subscribe to the product. Practice head Vito Verna is experienced in environmental regulations and social conflicts relating to environmental matters, while associate Víctor La Madrid has over 10 years’ experience in environmental and administrative law. Senior associate Nicole Freire left the firm in February 2023.

Practice head(s):

Vito Verna


‘They provide personalised attention.’

‘Immediate and direct attention.’

‘Solid and detailed knowledge of environmental and regulatory legislation.’

‘Excellent team, extensive experience in environmental issues.’

‘The attorneys have full command of the environmental issues of the oil and gas industry.’

Key clients

Compañía De Minas Buenaventura

Arca Continental Lindley

Kimberly & Clark

Pan American Silver

Minera Las Bambas (MMG Limited)




Compañía Minera Antamina

AB InBev

Minera Bateas

Minera Chinalco


Hudbay Minerals

Impala Terminals


Lima Airport Partners (LAP)


Nexa Resources

Rio Tinto

San Martin

Savia Perú

Tecnológica De Alimentos (TASA)



AGP Glass




Weir Minerals Perú

Miski Mayo

Nestle Perú

Compañía Minera Kollpa


Compañía Minera Zafranal


Empresa Generadora Huallaga

Autopista Norte


Gases Del Pacífico

Terminales Del Perú

Owens Illinois (O-I Glass)



Mall Plaza


Seche Group

Work highlights

  • Developed GEORGE, a management system for compliance and identification in real time, of the legal requirements that productive economic activities must comply with.
  • Advising Corporación Lindley on water resources, environmental responsibility, sanctioning procedures, execution of closure plans for industrial plants, and other matters.
  • Advising Kimberly & Clark on the identification of legal requirements to systematise and update the client on a monthly basis, both in terms of environment and health and safety in the workplace.

Peru > Public law and regulation Tier 2

CMS Grau is particularly strong in administrative and regulatory matters pertaining to heavily regulated industries, such as telecoms, electricity, and oil and gas, and the team acts for both public and private entities. Ramon Huapaya heads the practice, bringing considerable experience in the regulation of public services, concessions and contracts, with a focus on the infrastructure sector; he also deals with disputes arising from government contracts, administrative procedures and arbitration. Nestor Shimabukuro, who was promoted to partner in April 2022, stands out for his work on PPPs, regulatory matters and the representation of clients in administrative procedures before government agencies, such as INDECOPI, the Agency for Environmental Assessment and Control (OEFA) and the Agency Supervisor of Investment in Energy and Mining (OSINERGMIN). Senior associate Oscar Alejos also advises on contentious matters, as well as offering notable expertise in public procurement.

Practice head(s):

Ramón Huapaya


‘Estudio Grau with Ramón Huapaya and Néstor Shimabukuro are an important team that offer high-quality services that distinguish them from other Peruvian firms.’

‘They offer us services on time and with the highest quality.’

‘Estudio Grau with Ramón Huapaya and Néstor Shimabukuro have a capacity for analysis of the sector that offers us options to face the legal problems that occur in the industry.’

‘Their attitude and responsiveness is greatly appreciated.’

Key clients

GE Healthcare

Luz del Sur

ENEL Distribución

Entel Peru

Savia Peru


Telefónica del Perú

Compañia Minera Antamina

Work highlights

  • Advised Engie Energía Perú on a procedure against the Municipality of Chilca before the Peruvian Institute for the Defence of Competition (INDECOPI).
  • Advised Autopistas del Norte in relation to bureaucratic barriers contained in Supreme Decree No. 001-2022-TR, which prohibits and restricts the outsourcing of activities that “form part of the core business” of companies in various sectors.
  • Advised Enel Green Power on all administrative procedures for obtaining and developing definitive concessions for generation with renewable resources in Peru before the Ministry of Energy and Mines and Regional Governments.

Peru > Banking and finance Tier 3

The banking and finance team at CMS Grau is known in the market for its expertise in traditional and syndicated lending, and equity and project finance matters, with a notable roster of clients in the mining, renewables, and oil and gas sectors, among others. Juan Carlos Escudero is a key figure in the department; he handles corporate and banking work and acts for large international banks. Miguel Viale stands out for banking, finance and capital markets work, and Diego Peschiera is a name to note for syndicated loans, debt issues and financing transactions. Juan José Hopkins, who joined from SUMARA Hub Legal in September 2022, brings expertise in fintech and venture capital to the team.

Practice head(s):

Miguel Viale; Diego Peschiera


‘The lawyers maintain knowledge of the local financial system and the corresponding regulations. They are excellent in response time and efficiency.’

‘Deep knowledge of project finance.’

‘Something that sets them apart is their comprehensive advice. The team works on all types of transactions (projects, corporate lending, capital markets and regulatory matters).’

‘We have been working for many years with the area of ​​CMS Grau led by Miguel Viale in a very satisfactory manner. Miguel has a lot of experience in the financial sector and is quite creative in finding solutions not only within the market standard, but also for new problems, which gives him the ability to propose a comprehensive strategy.’

‘The service they provided us was excellent. What makes this team stand out from the rest is the good commercial advice.’

‘The CMS team is pro-client: it helps to take care of the interests of the bank, always balancing practicality for the client and empathising with the situation, to make things happen quickly.’

‘Very good relationship with banks and clients.’

‘Juan Jose Hopkins and Miguel Viale are both highly experienced lawyers and very willing to deal with last-minute assignments quickly and efficiently.’

Key clients



Banco Santander

CAF – Development Bank of Latin America

Banco Internacional del Perú – INTERBANK

Mizuho Bank

Credicorp Capital

Scotiabank Peru

Banchile Administradora General de Fondos


EDF Perú

Banco Santander

Deutsche Bank

Ernst & Young (EY)

Boart Longyear

Work highlights

  • Advised Scotiabank Perú and Banco Santander Perú on the medium-term structured financing for $41m in favor of Exportadora Frutícola del Sur.
  • Advised CAF and DEG on the preparation and negotiation of agreements and corporate documents under Peruvian law necessary to materialise the prepayment of financing granted to La Virgen S.A.C. in 2017.
  • Advises Volcom Capital, which developed as a major financier of Arte Express and was awarded 16 office buildings in downtown Lima for $60m.

Peru > Capital markets Tier 3

CMS Grau’s capital markets practice is on an upward trajectory and was significantly bolstered in 2022 with the arrival of Juan José Hopkins from SUMARA Hub Legal in September, and the hire of senior associates Cinthia Canepa in June and Andrea Paiba in December of the same year, from EY Law and Garrigues, respectively. The department acts for domestic and foreign financial institutions and companies in public and private securities offerings, structured products, placement processes and auctions. Hopkins now heads the team alongside Miguel Viale, Diego Peschiera and Juan Carlos Escudero; Viale maintains an active practice covering bank lending, trusts and securitisations; Peschiera is well versed in foreign and domestic issuances and subordinated debt matters; and Escudero brings experience in corporate transactions both in Peru and further afield.

Practice head(s):

Juan Carlos Escudero; Miguel Viale; Diego Peschiera; Juan José Hopkins


‘We work very well with Estudio CMS Grau, especially with Diego Peschiera, who is the lawyer who helps us the most and advises us on financial legal issues. He and his team are always attentive to our queries, and we work very well as a team.’

‘Diego Peschiera is a serious and honest lawyer. Always willing to help and contribute to the exchange of ideas. He has a good perspective of our business and knows how to explain the legal aspects that relate to us. Diego is a lawyer who explains things very well and his recommendations are always well received.’

Key clients

Credicorp Capital Servicios Financieros

Banchile Administradora General de Fondos





Kallpa Securities

PDC Capital

Pareto Securities

Banco Internacional del Perú


Nexa Resources

Banco Falabella

Work highlights

  • Advised Migrante on the creation of a trust with Grupo Coril for the securitisation of its loan portfolio, which will enable it to issue securitised bonds for up to $25m.
  • Advised Credicorp Capital on the registration of a subordinated bond issuance programme for Pacifico Seguros for the amount of $150m.
  • Advising Caja Municipal de Ahorro y Credito de Huancayo on the update of the documentation for the second negotiable certificates of deposit programme of CMAC Huancayo for the placement of its first issue for an amount of S/50m.

Peru > Corporate and M&A Tier 3

Well known for its focus on the mining and energy industries, the corporate and M&A team at CMS Grau continues to expand its reach, with an uptick in instructions in the technology, media and communications sectors. The team is fully integrated into the firm’s large international network and often works in tandem with practitioners in other jurisdictions and as local or co-counsel with other large international firms. The group is led by Juan Carlos Escudero, Miguel Viale, and Juan José Hopkins, who joined from SUMARA Hub Legal in September 2022. Managing partner Escudero has 20 years of experience in M&A and restructurings; Viale is a key contact for international deals with collateral structures and financing; and Hopkins brings experience in venture capital and fintech deals to the team. The practice was further bolstered in 2022 with the arrival of senior associates Andrea Paiba and Cinthia Canepa from Garrigues and EY Law, respectively.

Practice head(s):

Juan Carlos Escudero; Miguel Viale; Juan José Hopkins

Key clients





Grupo Mate

Grupo Falabella

Grupo El Comercio


Charles Taylor


Baker Hughes

Scotiabank N

Banco de Crédito del Perú




Work highlights

  • Assisted Peruvian mining company Compañía Minera Lincuna on the acquisition of 100% of the shares of Contonga Minería, titleholder of the Contonga mine.
  • Advising UK-based insurance technology specialist Charles Taylor on the acquisition of Herrera D.K.P Sociedad Civil Responsabilidad Limitada, an insurance adjuster company.
  • Advised Banco de Crédito del Perú (BCP), Scotiabank and COFIDE on the sale of Termochilca for $141m offered by UNACEM.

Peru > Dispute resolution: Arbitration Tier 3

The dispute resolution team at CMS Grau is jointly headed by litigation leader Luis Alberto Linan, international arbitration specialist Michelle Barclay, energy and natural resources specialist Carlos Hamann, public arbitrations expert Ramon Huapaya, and Alessandra Cocchella, who was promoted to partner in August 2022. The practice is experienced in assisting clients in both domestic and international arbitration, and utilises the firm’s international network to assist clients in different jurisdictions. Since publication, the practice has been further strengthened with the February 2024 hire of former Estudio Echecopar member firm of Baker McKenzie International principal associate Javier Ferrero as a partner; however, Cocchella has subsequently left the firm - effective as of May 2024.

Practice head(s):

Luis Alberto Liñan; Michelle Barclay; Carlos Hamann; Ramon Huapaya


‘It is a consolidated team with a lot of experience where there is diversity. They are very easy going, they show the ability to work as a team. There is not only diversity but inclusion.’

‘Luis Alberto Liñan demonstrates experience and knowledge. Great strategist in dispute resolution. Also a lawyer with integrity, high ethical values. He is also a university professor for many years, sharing his knowledge with other colleagues and future colleagues. Alexandra Cocchela is a very good lawyer, very client oriented, goes the extra mile in all her work. Excellent.’

‘They are good at understanding the problem and coming up with various solution options.’

Key clients

Transportadora De Gas Del Peru

Compañía Operadora Del Gas

Autopista Del Norte

Asociación Promotora de Apostolado

Calidda Gas Natural del Perú

Telefónica del Perú

Work highlights

  • Advised Transportadora de Gas del Perú TGP on a direct deal procedure against a company from the United Arab Emirates, in a matter related to the breach by the latter of a service contract.
  • Advised Compañia Operadora de Gas on a direct treatment procedure against a sanitation company which was contracted by COGA for the installation and connection of a potable water service.
  • Advised Autopistas del Norte (AUNOR) on a direct treatment procedure against the Ministry of Transportation and Communications of Peru, in a case involving a concession contract.

Peru > Dispute resolution: Litigation Tier 3

CMS Grau‘s litigation practice is led by Luis Alberto Linan, who brings 25 years of litigation experience to the team, and Alessandra Cocchella, who has more than 15 years of experience in litigation as well as extensive expertise in constitutional law. Key sectors for the practice include aviation, energy, financial services, mining, telecoms and technology, with prominent clients including Alicorp, Unna Energia and Banco de Crédito del Perú. The team is active in corporate and administrative litigation, as well as civil and constitutional processes. Luis Miguel Manrique Ruesta is recommended for designing strategies for the prevention and resolution of conflicts. Since publication, the team has been strengthened with the hire of Karina Urquizo - formerly a principal associate at Philippi Prietocarrizosa Ferrero DU & Uria - as a partner (effective March 2024); however, Cocchella has subsequently left the firm as of May 2024.

Practice head(s):

Luis Alberto Liñan


‘A commitment to the client’s cause and also an always objective point of view to estimate the real chances in each litigation.’

‘Alessandra Cocchella is an impressive litigator, with a lot of character and drive, always with good advice and a deep knowledge of civil law. Luis Alberto Liñán is a good and orderly support. Marco Antonio Ortega Piana: he is a solid and prestigious civil engineer who always gives the best recommendations.’

‘Luis Alberto Liñán is an excellent professional, with very good legal and litigation knowledge.’

Key clients

Shell GNL Perú

Huawei del Perú

Real Plaza

Autopista del Norte



Unna Energia

Minera Las Bambas

Banco de Crédito del Perú

Compañía Minera Buenaventura

Work highlights

  • Advised Shell on the constitutional process of protection against a regulation issued by the Ministry of Energy and Mines of Peru that affects Shell’s constitutional rights.
  • Advised DERCO CENTER on litigation related to the sale and mass distribution of cars, trucks and other vehicles in the automotive sector.
  • Advised Huawei del Perú on its negotiations and litigation processes, including against PAE Peru Ingenieria de Servicios, a company that terminated the infrastructure installation and maintenance contract with Huawei.

Peru > Labour and employment Tier 3

The employment and pensions team at CMS Grau is especially adept at advising clients in the aviation, retail, oil and gas, mining, real estate and energy sectors. Jointly led by Claudia Flecha and Cecilia Vargas, the team is experienced in assisting clients across the full range of contentious and non-contentious employment matters, such as human resources restructuring, day-to-day labour issues, employee dismissals, and post-merger and post-acquisition transactional matters. Franco Herrera, who defends clients in administrative and judicial processes, and Maria Lourdes García, who assists clients in collective bargaining processes, are also key associates in the team.

Practice head(s):

Claudia Flecha; Cecilia Vargas


‘The difference is made by the promptness in their response and the immediate disposition to hold meetings to explain the procedures and clarify doubts.’

‘The experience and the good treatment and good disposition towards its clients.’

Key clients


Compañía Minera Lincuna

Aurífera Tres Cruces

Anglo American Quellaveco

Baker Hughes International Operations del Perú

Ferrovial Construcción Sucursal del Perú


Rio Tinto Group


Schlumberger del Perú

KLM, Compañía Holandesa de Aviación


Shell Operaciones Perú

COPA Airlines

Sentient Natural Colors


ZTE Corporation

Santiago Queirolo

Santa Ursula School

Soluciones Inmobiliarias Morada

Work highlights

  • Advised Petrex in more than 550 judicial processes related to the reinstatement of employment, along with another major group concerning the payment of social benefits.
  • Reformulated new guidelines applicable to the hiring of the main officers of the UNACEM Group companies in the Latin American region and the US.
  • Advised on the implementation of a software tool created by CMS and used as a risk matrix, in order to provide a client with an integrated system to evaluate and monitor the level of compliance with labour obligations.

Peru > Projects and infrastructure Tier 3

The projects and infrastructure team at CMS Grau has recently been busy advising clients on regulatory matters, land acquisitions for the development of projects, and PPP contracts, among other areas. Giancarlo Villafranqui heads the practice, leading a nine-strong team to advise clients in matters including real estate, sectoral permits, project finance, and the acquisition of projects and assets. Carlos Hamann is a key contact for matters involving energy and natural resources.

Practice head(s):

Giancarlo Villafranqui


‘Great knowledge of the sector. More experience than other firms. They have technological tools that help us monitor the applicable legislation.’

‘They are experts and very capable in the sector. They always look for the best possibility, warning of the risks. They clearly state their positions, even if it is contrary to the client’s opinion. Clients need clarity, reality and certainty; we don’t need them to tell us yes to what we think. They think critically and their reports are concise and clear. I have to highlight Giancarlo Villafranqui, Juan Carlos Escudero and Michelle Barclay.’

Key clients


Ghesa Ingeniería y Tecnología

Tullow Oil

Tullow Peru

BP Exploration Operating Company

Petróleos del Perú

Autopista del Norte

Concesionaria de Proyectos de Infraestructura

Inversiones San José

Ferrovial Agroman

Hunt Oil

Consorcio ALVAC Sucursal del Perú – Construcciones Ruesma Perú

Nexa Resources


Work highlights

  • Provided legal advice to Concesionaria de Proyectos de Infraestructura on the structuring and signing of the concession contract of P$230m for the COAR Centro Project.
  • Provided advice to a client during the formulation and structuring phase of the IPC submitted to PROINVERSION for the Construction of New Educational Infrastructure for Schools at Risk in Metropolitan Lima Project.
  • Provided advice to Deloitte on the legal analysis of the transaction model for the provision, operation and maintenance of E-buses under the new ATU bus concession service tender.

Peru > Tax Tier 3

The tax practice at CMS Grau is led by Rolando Cevasco and recently promoted partner Yessica Manzur; the team has a focus on contentious and non-contentious tax matters pertaining to the mining, oil and gas, and energy sectors, and acts for high-profile multinational corporations in these fields. Cevasco is highly experienced in corporate tax matters, such as M&A, and reorganisations, as well as tax planning and audits, while Manzur is well versed in international tax matters, including tax structuring and double taxation treaties. At the associate level, seniors Carlos Chirinos and César Dávila are recommended, with Chirinos a key name for transfer pricing, audits and contentious procedures, and Dávila focusing on tax litigation and advisory services for high-net-worth individuals.

Practice head(s):

Rolando Cevasco; Yessica Manzur

Key clients

ISA Interconexión Electrica

Derco Perú

Sentinel Perú


Andritz (USA) Inc

Andritz (Italy)

Andritz Hydro (Perú)




Empresa Editorial El Comercio

MSA del Perú (MSA Group)

NIKKEN (Mexican Group)

Globenatural Internacional



Falabella Group

Inmobiliaria Morada



Ubits Learning Solutions

Charles Taylor

Emerson Electric Co

Coelvisac (Consorcio Eléctrico de Villacuri)


Inmobiliaria Pardo 200

Work highlights

  • Advising UK-based insurance technology specialist Charles Taylor on the tax aspects of the acquisition of Herrera D.K.P Sociedad Civil Responsabilidad Limitada, an insurance adjuster company.
  • Advising Derco Perú on structuring and corporate tax planning in connection with its proposed joint venture with Spanish multinational bank Santander.
  • Advised TUPEMESA on an audit procedure in relation to income tax for the years 2018 and 2019 in relation to complex services received from its parent company in Chile.

Peru > Dispute resolution: White-collar Tier 4

CMS Grau‘s white-collar crime department is jointly headed by Luis Alberto Linan and senior associate Romario Ramirez, who are both highly experienced in criminal litigation. The practice is adept at handling the full spectrum of criminal matters, from advising clients on prevention to prosecuting before the courts. The practice is also able to advise international clients by virtue of the firm’s cross-border network.

Practice head(s):

Luis Alberto Liñan; Romario Ramirez

Key clients

Tiendas de Mejoramiento del Hogar

Schlumberger del Perú

Minera Las Bambas

Dreams Corporation

Hannan Metals Perú

Autopista del Norte

NTT Data Spain BPO SLU Sucursal del Perú

Saga Falabella

Elevar Equity

Hipermercados Tottus

Work highlights

  • Assisted Minera Las Bambas in obtaining a ruling from the Supreme Court that the company had not been incorporated as a responsible third party in a criminal proceeding.
  • Advised Schlumberger in relation to a general manager who was involved in a complaint for allegedly having unduly favoured the company in commercial relationships with third parties.
  • Assisted Dreams Corporation in initiating criminal proceedings against individuals who had been attacking the company, economically and digitally.

Peru > Intellectual property Tier 4

CMS Grau‘s intellectual property team is headed by Maria Delia Oxley and frequently advises on cancellation actions, trade mark registrations, infringement cases and portfolio management for its clients. Oxley brings twenty years’ experience in IP, as well as antitrust, trade and consumer protection. Associate Pedro Llerena is adept at advising both domestic and international clients on trade mark management and enforcement work.

Practice head(s):

María Delia Oxley

Key clients


Charles Taylor

Skberge Peru Retail

Norwegian Air International

Aero República

BeSweet Creations

LaKasa Perú

Cervecería del Mar

CRP Radios

Inversiones en Recreación Deporte y Salud

Fitness Market

Producciones Valhalla SPA

Karün Europe

Editora Perú

Unilever Andina Perú

Hipermercados Tottus

Saga Falabella

Banco Falabella Perú


Sentinel Peru

Compañía Panameña de Aviación

Compañía Real Holandesa de Aviación KLM

Societe Air France Sucursal en el Perú

Avior Airlines CA

Antigua Taberna Queirolo

Santiago Queirolo

Enotours Peru

Queirolo de Barbieri

Franquicias Alimentarias

Soluciones Morada

Work highlights

  • Provided advice on copyright matters to Unilever Andina Peru, specifically on the verification of compliance with copyright regulations in advertisements.
  • Assisted the Institut National del L’Origine ET de la Qualité – INAO, which filed an opposition against the trade mark registration of the new label of the Sparkling Burgundy Wine of Santiago Quieirolo.
  • Advised Saga Falabella on the accreditation of compliance with the license agreement of use of the ALDO trade mark.

Energy and natural resources > Mining

Following the departure of much of its team in October 2023, CMS Grau has begun the process of rebuilidng its mining sector capabilities -long a practice for which the firm was well known- with the February 2024 hire of María Cristina Alva as a partner; prior to her arrival, Alva spent more than a decade in house at Hochschild, where her role also involved sustainability and corporate social responsibility matters.

Peru > TMT (Technology, media and telecoms)

The TMC team at CMS Grau is experienced in advising clients on regulatory matters, and recently welcomed Juan José Hopkins to the team.

Latin America: International firms > Banking and finance

CMS has become a considerable force in Latin America banking and finance with its integrated offices in Brazil, Mexico, Colombia, Chile and Peru. It has further enhanced this offering through a cooperation agreement with Brazilian law firm FAS Advogados, in cooperation with CMS in 2023.The established team has a fine record in financings and restructurings, and represents some of the biggest international and regional lenders – including multilateral development banks – that operate in the market. It is also noted for its links to private equity sponsors, corporates and government entities. The various offices have landed key roles in a series of headline acquisition financings, project financings and restructurings, including advising BBVA Colombia on a $200m loan facility to Akzo Nobel Coatings and its Colombian SPV for the acquisition of Grupo Orbis, a major Colombian chemicals and paint conglomerate. Fernando De Cárcer and Jorge Allende Destuet are the key figures in Santiago, along with Sergio Rodriguez-Azuero and Daniel Rodríguez in Bogota. Miguel Viale and Diego Peschiera are the practitioners of note in Lima.

Key clients


Bank Polska Kasa Opieki




Agence Française de Developpment (AFD)

Deutsche Investitions- und Entwicklungsgesellschaft (DEG)

Development Bank of Latin America (CAF)

Banco Aliado

Grupo Indi Banco Inbursa

Institución De Banca Múltiple (Inbursa)

Banco de Chile

Work highlights

  • Advised BBVA Colombia on a $200m loan facility to Akzo Nobel Coatings and its Colombian SPV for the acquisition of Grupo Orbis.
  • Assisted NAFIN with the restructuring of a syndicated loan agreement with Mota Engil México to finance additional works related to the construction of the first part of the Tren Maya project.
  • Advised OnNet on the financing related to the acquisition of the existing fibre optic network of Entel Chile, comprising the primary distribution fibre-to-the-home network, and the primary fibre optic network for peer-to-peer services.

Latin America: International firms > Projects and energy

CMS  has a large Latin America-based team (across its offices in offices in Brazil, Colombia, Chile, Mexico and Peru) which undertake local law and English law engagements. The firm enhanced this offering through a cooperation agreement with Brazilian law firm FAS Advogados, in cooperation with CMS in 2023. It has a strong record in energy (including oil and gas, electricity and renewables). In the renewables sector, it has made an impression in solar, wind and green hydrogen. It has also worked on headline infrastructure projects in Mexico, Peru and other jurisdictions; a Mexico City-based team advised Grupo Typsa in connection with the design, construction, and maintenance of  ‘El Tren Maya’, a railway that will traverse the Yucatán Peninsula in Mexico. Rio de Janeiro managing partner Ted Rhodes is an experienced figure in oil and gas, and offshore projects and transactions; he has a growing presence in renewables. Daniel Rodríguez is a notable name in Bogota, along with Derek Woodhouse and Enrique Lorente Ludlow in Mexico City, and Carlos Hamann in Lima.

Practice head(s):

Ted Rhodes

Key clients

Prio (ex PetroRio)


HydraWell Intervention



Autopista del Norte del Grupo Aleatica

Vitol Electricidad de México


Lewis Energy


Electryon Power Inc

Chevron Petroleum

Enel Green Power



Kimberly Clark


Work highlights

  • Advised Enagás in an ICSID arbitration claim against the Peruvian Government based on the breach of the Bilateral Investment Treaty between Peru and Spain.
  • Advised the German vehicle manufacturer Porsche on the execution of options agreements for the acquisition of green hydrogen production and the purchase of 12.5% of HIF Global.
  • Advised Grupo Typsa in connection with the the design, construction and maintenance of El Tren Maya.

Latin America: International firms > Corporate and M&A

CMS has a deep commitment to Latin America through its multiple offices in the region; it has local offices in Mexico, Colombia, Chile and Peru, along with an office of international lawyers in Brazil. It augmented this with a cooperation agreement with Brazilian law firm FAS Advogados, in cooperation with CMS in 2023. The Latin America team continues to make an impression in private equity investments and exits, along with energy and infrastructure transactions; oil and gas, renewables and the digital environment are key fortes for the team. The group frequently works alongside some of the top law firms on Wall Street and across the US. Jorge Allende Destuet and Ramón Valdivieso are co-heads of the corporate and M&A team in Chile, and are noted for private equity and M&A transactions. Juan Camilo Rodríguez leads the group in Colombia, and Peru office managing partner Juan Carlos Escudero is also an experienced transactional practitioner. Ted Rhodes is a key figure in Rio de Janeiro and is noted for his expertise in energy transactions.

Practice head(s):

Ted Rhodes

Key clients



OnNet Fibra

CB Investment


Mobile Streams

Garrett Motion



IMCD Group

Dr Reddys

Weir Group

Hive Energy

Serabi Gold


CTS Eventim

Work highlights

  • Advised KKR and its portfolio company OnNet Fibra on M&A and financing matters related to the acquisition of the existing fibre optic network of Entel Chile, comprising the primary fibre-to-the-home and distribution networks, and the primary fibre optic network for P2P services.
  • Advised Blackstone and Edizione on their $46bn tender offer to acquire the remaining stake in Atlantia, one of the world’s largest mobility infrastructure companies.
  • Advised CC Neuberger Principal Holdings II on the due diligence process and closing on the combination of Getty Images with CC Neuberger Principal Holdings II (a publicly traded SPAC formed through a partnership between CC Capital and Neuberger Berman).
Photo Name Position Profile
Jesús Abanto photo Jesús Abanto Partner of the Energy, Gas & Oil area of CMS Grau.
Michelle Barclay photo Michelle Barclay Partner and head of the Bankruptcy and Restructuring area, cohead of Projects…
Rolando Cevasco photo Rolando Cevasco Partner and head of the Tax practice area. Rolando specialises in tax,…
Carolina Cueva photo Carolina Cueva Partner and head of Compliance.
Juan Carlos Escudero photo Juan Carlos Escudero Managing partner and cohead of the Banking and Finance, Corporate and M&A…
Victor Farro photo Victor Farro Partner at CMS Grau’s Bankruptcy & Insolvency practice.
Carolina Gajate photo Carolina Gajate Partner and cohead of the Real Estate & Construction practice area. She…
Miguel Grau photo Miguel Grau Partner: Mining, Oil & Gas law and Foreign Investment.
Carlos Hamann photo Carlos Hamann Partner and cohead of the Energy practice area. Carlos specializes in energy,…
Juan José Hopkins photo Juan José Hopkins Partner of the Corporate M&A and TMC area. He is an expert…
Ramón Huapaya photo Ramón Huapaya Partner and head of the public law practice area. He specialises in…
Luis Alberto Liñán photo Luis Alberto Liñán Partner and head of the Dispute Resolution practice area. He specialises in…
Yessica Manzur photo Yessica Manzur Yessica co-heads the Tax practice and is an expert in international taxation.
Miguel Mena photo Miguel Mena Partner and head of the Aviation practice area. Miguel specialises on Aviation…
Maria Delia Oxley photo Maria Delia Oxley Partner. Head of the Intellectual Property, Unfair Competition and Consumer Protection Department.
Diego Peschiera photo Diego Peschiera Partner and cohead of the Banking and Finance, Corporate M&A and Capital…
Nestor Shimabukuro photo Nestor Shimabukuro Partner of the public law practice area. He specialises in administrative law,…
Cecilia Vargas photo Cecilia Vargas Partner at CMS Grau. Cecilia specialises on Labour, Occupational Health & Safety,…
Vito Verna photo Vito Verna Partner and head of the Environmental Law practice group. Vito specializes in…
Miguel Viale photo Miguel Viale Partner at CMS Grau. Miguel specialises on Banking, Finance and Capital Markets,…
Giancarlo Villafranqui photo Giancarlo Villafranqui Partner at CMS Grau. He specializes in Public-Private Partnerships (PPPs), Concessions, Administrative…