Marcelo Etchebarne > DLA Piper Argentina > Buenos Aires, Argentina > Lawyer Profile

DLA Piper Argentina

Work Department

Capital Markets; Corporate and M&A


Managing Partner


Marcelo Etchebarne is the Managing Partner of DLA Piper Argentina.

A co-founder of our predecessor firm CEK, Marcelo has extensive experience in capital markets, mergers and acquisitions, debt restructurings and complex dispute resolution, having worked on more than 200 transactions over the last two decades. He has participated in some of the largest transactions taking place in Argentina in recent years, including the US$18.3 billion Argentine debt restructuring in 2010, in which he served as legal counsel to the Global Coordinator, Barclays Capital. Between 2002 and 2004 he acted as counsel to UBS on the US$80 billion debt restructuring of Argentina.


LL.M., Harvard Law School; Law degree, Universidad Católica Argentina Law School 

Lawyer Rankings

Argentina > Banking and finance

(Leading individuals)

Marcelo EtchebarneDLA Piper Argentina

In 2018, DLA Piper Argentina entered the market through a co-operation agreement with legacy local firm Cabanellas Etchebarne Kelly. Among its recent highlights, the firm advised Agua y Saneamientos Argentinos on a $500m notes offering. The group also acted as local counsel to the Province of Buenos Aires on its AR$30bn global notes issuance, which consisted of an offering to the public in Argentina and a Rule 144A/Regulation S offering outside of Argentina. Managing partner Marcelo Etchebarne is recommended and brings to bear an impressive record in cross-border debt capital markets deals and restructurings. The practice was recently boosted by the arrival of corporate finance partner Nicolas Teijeiro, who was formerly a senior associate at Cleary Gottlieb Steen & Hamilton.

Latin America: International firms > Capital markets

DLA Piper LLP (US)‘s commitment to Latin America through multiple offices in the US, Spain and in Latin America itself, brings it an impressive flow of capital markets engagements. The firm’s 2018 arrival in  Argentina through its merger with Cabanellas Etchebarne Kelly led to a number of key deals for the new Buenos Aires office as well as the New York-based team. Clients include Stoneway Capital, Globant and Canacol Energy. The practice group provided international and local counsel to Argentine state-run water utility Agua y Saneamientos Argentinos (AySA) on its $500m inaugural bond offering; and also advised  Grupo Posadas, Mexico’s largest hotel operator and hospitality services company, as US counsel on a 144A/Reg S debt offering. Christopher Paci is a key name in New York, along with William Candelaria, while Marcelo Etchebarne is a prominent figure in Buenos Aires.

Latin America: International firms > Corporate and M&A

DLA Piper LLP (US)‘s significant team and regional expansion -most recently in Buenos Aires in August 2018- over the last few years has positioned it for a multitude of big ticket corporate and M&A engagements. The Latin America group has successfully plugged in to the firm’s global client base, while achieving greater recognition among Latin American businesses and multilatinas. It is also fast developing its private equity standing in the region. Financial services, energy, natural resources, agribusiness and hospitality are key industry sectors for the team. Clients include Telefonica, CarVal Investors, Graña y Montero, Putney Capital Management, Clarion Partners and Grupo Financiero Interacciones. Recent mandates saw Miami partner Francisco Cerezo is US head of Latin America corporate and advised Costa Rican cable operator Cabletica on its $250m sale of a controlling interest in the business to Liberty Latin America (Televisora de Costa Rica retained a 20% share in the cable operator); he also led the team that advised QBE Insurance Group on the sale of its Latin America business to Zurich, making Zurich the leading insurer in Argentina and a top three player in Ecuador. In other work, Matías Zegers in the Santiago office led advice to Mexico and Chile-focused grocery delivery service, Cornershop, on its $225m sale to Walmart. Other key partners in a sizeable practice include cMarcelo Etchebarne in Buenos Aires; Paulo Larraín and Marco Salgado in Santiago; Camilo Martinez Beltran and Felipe Quintero Serrano in Bogota; Sergio Barboza in Lima; Eduardo Gallastegui, Edgar Romo and Diego Martinez in Mexico City; John Murphy in Miami, Nikos Buxeda and José Sosa-Lloréns in San Juan; and of counsel Enrique Chamorro in Madrid.