DLA Piper Mexico > Mexico City, Mexico > Firm Profile

DLA Piper Mexico
PASEO DE LOS TAMARINDOS NO. 400 A
PISO 31, BOSQUES DE LAS LOMAS
MÉXICO, DF, CP, 05120
Mexico

Mexico > Dispute resolution: arbitration Tier 2

The five-strong team at DLA Piper Mexico is fronted by senior partner Gerardo Lozano Alarcón, who according to a client is ‘probably the best arbitrator in Mexico’. The practice enjoys a solid, Mexico-related caseload, particularly in relation to the energy sector where current matters include representing a major retailer in an ICC dispute concerning a long-term power-supply contract, and a major electricity entity concerning a gas-supply dispute. Lozano, who has truly extensive experience as an ICC arbitrator and acting before ICDR, UNICITRAL, ICC and LCIA tribunals, co-heads the practice in conjunction with Kate Brown de Vejar, global chair of the firm’s international arbitration practice. The team was further reinforced with the July-2021 arrival of former ICSID counsel, Gabriela Álvarez Ávila, from Curtis, Mallet-Prevost, Colt & Mosle S.C..

Practice head(s):

Kate Brown de Vejar; Gerardo Lozano Alarcón

Testimonials

‘They are very thorough and sharp at their game. Gerardo Lozano is probably the best arbitrator in Mexico. He is very bright and is always very well prepared.’

Work highlights

  • Representing a US energy giant in a $30m Mexican-law LCIA arbitration against the principal contractor in a dispute arising out of the electromechanical works fn a hydroelectric project in Mexico.
  • Representing a retail sector client in a Spanish-language ICC arbitration seated in Mexico City and arising out of a long term contract for the supply of hydro-electricity.
  • Advising a major investor in Odyssey Marine Exploration in connection with its $3.5bn NAFTA claim against Mexico.

Mexico > Life sciences Tier 3

The life sciences practice at DLA Piper Mexico assists clients with obtaining licenses and authorisations, including regulatory approvals, from the relevant authorities. It remains particularly active representing clients in constitutional amparo appeals against administrative authorisations. Other areas keeping the team busy include clinical trial matters, regulatory advisory on imports, and transactional operations. Key contacts in the team include: corporate law expert Jorge Benejam, who has a strong focus on highly regulated sectors; Eduardo Gallastegui, one of the lawyers who participated in the Federal Health Law reform; and corporate and transactional partner Xavier Mangino.

Practice head(s):

Eduardo Gallastegui; Jorge Benejam

Mexico > TMT Tier 3

A longstanding presence in the TMT sector, DLA Piper Gallastegui y Lozano's small, but sturdy practice, is a recurring choice for a broad swathe of the media and entertainment clients, including IT, broadcasting, advertising, entertainment, censorship, and internet and online services. Praised for being ’at the forefront of technological matters’, the department, which is currently representing two major companies in satellite-related mandates, is led by partner Eduardo Gallastegui, who has a strong track-record handling corporate transactions; and Jorge Benejam, who specialises primarily on regulated-industry matters including antitrust, life sciences, telecoms, banking and foreign trade. Recent work highlights include due diligence in the TMT sector, business-plan design and implementation, spectrum allocation, M&As, financings and licensing. The department was further strengthened with the July-2021 arrival of Gabriel Contreras Saldívar, as counsel, from the Instituto Federal de Telecomunicaciones, the industry's regulatory body.

Practice head(s):

Eduardo J. Gallastegui Armella; Jorge A. Benejam

Testimonials

‘We love their legitimate and sincere interest in delving not only into the business of companies but also in understanding clients’ motivations and anticipating their wishes with the best legal guidance.’

‘They remain at the forefront of technological matters.’

Mexico > Banking and finance Tier 4

DLA Piper Mexico has been steadily strengthening its practice over the course of its time in the Mexican market, to the point where it has a 12-strong department focused on a full array of finance transactions, whether local or cross-border. Partners Edgar Romo, who is praised for being ‘well-versed in banking matters and a great lawyer’; and Diego Martinez, who is skilled in regulatory banking mandates, co-head the team. The practice represents both financial institutions, and the debtor/borrower side (frequently with public companies), regarding credit facilities, structured finance, project finance, securities offerings and restructurings. Other key members of the practice include counsel Manuel Hallivis, who is ‘very good at handling hotel financings’; and senior associate Adolfo Obregón.

Practice head(s):

Edgar Romo, Diego Martínez

Testimonials

‘A good, friendly team to deal with. Knowledgeable to negotiate’

‘Partner Edgar Romo is very well-versed in banking matters and is a great lawyer in the sector. Manuel Hallivis is very good at handling hotel financings’

‘DLA Piper’s banking and financing practice in Mexico has become a strategic partner for us. Their willingness, technical knowledge and conciliatory yet firm style are elements that stand out and have allowed us to reach important agreements with our creditors’

‘They have transparent and timely invoicing processes and make good use of technology to work, particularly during the Covid-19 pandemic’

‘Xavier Mangino has been our advisor and secretary to the board of directors for many years. As of 2018, Edgar Romo has been our ally in all banking and financial matters. The work required of the firm has undoubtedly been of a high level of complexity, particularly the negotiations with our creditors in a complex context in which the restaurant industry has found itself derived from the Covid-19 pandemic’

‘They are empathetic, have the technical knowledge and a collaborative style that allows them to reach agreements that other colleagues might find difficult’

Key clients

Alsea

Grupo Sports World

Crédito Real

Giddings Fruit

ePesos

IDB Invest / Inter-American Development Bank

US International Development Finance Corporation

Bancomext

Banobras

Oyo Rooms

Work highlights

  • Represented Alsea in the renegotiation and refinancing of Alsea’s debt before Mexican and international banks.
  • Advised Crédito Real on obtaining a $50m line of credit from Barclays Bank.
  • Represented Giddings Fruit, as borrower, in a $90m private placement.          

Mexico > Capital markets Tier 4

Global full-service giant DLA Piper Mexico houses a growing Mexican capital markets practice headed by Xavier Mangino, whose broad expertise spans debt and capital markets, securitisations and structured finance, in addition to corporate and commercial law, banking and finance. Other specialisms include peer-to-peer lending, leveraged finance, corporate governance and M&A. He is closely supported by Diego Martinez, a former manager of banking projects at the CNBV (National Banking and Securities Commission) who specialises in private and public debt and equity offerings, securitisation and asset-backed finance; and counsel Cristián Gastelum, who draws on his previous experience working at the CNBV (as deputy general director of issuer supervision) and the National Insurance and Surety Commission (CNSF). Since publication, Mangino has left the firm for Holland & Knight LLP (as of March 2022), taking one counsel and two associates with him.

Testimonials

‘They have many knowledgeable partners, some with CNBV experience. They bring fresh ideas to transaction problems. I would highlight Cristian Gastelum’

Key clients

Banco Latinoamericano de Comercio Exterior (Bladex)

Genomma Lab Internacional

Proteak Uno

Grupo Sports World

Qualitas Controladora

Alsea

Work highlights

  • Represented Bladex in its issuance of MX$3bn in debt securities in the form of certificados bursátiles.
  • Represented Bladex in its second issuance during 2020 of MX$2bn in debt securities in the form of certificados bursátiles.
  • Advised Genomma Lab on the legal process to obtain the authorisation from the CNBV for a programme to issue a revolving registered public offering of short- and long-term senior notes valued at $523m.

Mexico > Corporate and M&A Tier 4

Supported by the firm’s global office network and M&A practice group, DLA Piper Mexico boasts an established corporate practice co-led by managing partner Eduardo Gallastegui and fellow 25-year-veteran Xavier Mangino Dueñas. It receives a healthy flow of inbound investment mandates, and has recently undertaken significant inbound cross-border M&A in the pharmaceutical and media sectors; it is, moreover, a key component in the firm’s increasingly busy regional practice. Additional partner level capability is provided by Jorge Benejam (M&A, anti-trust and regulated markets’ matters); and Edgar Romo, who covers mergers and acquisitions, finance, banking, real estate, capital markets, and corporate governance. Key associate support comes from seniors Manuel Hallivis and Adolfo Obregón. Since publication, the firm has hired former practice co-head Álvaro Garza-Galván and fellow corporate practitioner Mauricio Valdespino, part of a six-strong influx of partners from White & Case S.C. in January 2022.

Practice head(s):

Xavier Mangino; Eduardo J. Gallastegui

Testimonials

‘Xavier Mangino has a lot of experience in corporate matters. He is very good at handling tax structures and always comes up with solutions’

Key clients

Alsea

Qualitas Controladora

Grupo Sports World

Proteak Uno

Gentera

Grupo Cosbaj

Servicios Broxel

Información Integral 24/7

Epesos

Genomma Lab

Twilio Inc.

Work highlights

  • Advised in connection with the acquisition of Solvay´s global polyamides business. Value €1.3bn.
  • Advised in the implementation of a corporate and market strategy for the company restructure through a capital increase resulting in the issuance of 150’000,000 shares. Value $86m.
  • Advised in the development and implementation of a corporate and market strategy for the company restructure through a capital increase resulting in the issuance of 12´500,000 shares. Value: MXN $100 million.

Mexico > Real estate Tier 4

Backed by the firm’s global real estate practice capabilities, DLA Piper Mexico's local, six-strong practice offers a broad array of services, including financing, fund formation, acquisitions and divestments, planning, development, construction and leasing. Department head Gabriela Alaña is praised by clients for being a ‘formidable lawyer’ and has particular expertise in ‘build-to-suit’ developments, while her broader practice frequently involves mandates concerning industrial, office, retail and multi-family and resorts projects.

Practice head(s):

Gabriela Alaña

Testimonials

‘They offered us a boutique service. They are very committed and immersed in their client’s needs.

‘Gabriela Alaña is a formidable lawyer. She handles matters directly despite having a team. She has a great knowledge of the subject matter.

Key clients

Grupo Sordo Madaleno

Hilton Hotels

Marriott International

Kimpton Hotels & Restaurant Group

Controladora de Terminales México

General Electric

Real Malinalco

Mexico > Energy and natural resources Tier 5

Hailed as ‘an expert and a reference in the field’, partner Marcelo Paramo – former General Director of Legal Affairs at the Energy Regulatory Commission), heads the energy practice at DLA Piper Mexico, which is active across the oil-and-gas and renewables segments, for both local and international clients, primarily regarding regulatory matters and acquisitions. Project finance and corporate partner Edgar Romo offers key support to the practice, which also represents clients in administrative proceedings and contractual disputes with regulated entities, as well as before regulators and authorities. Since publication, the practice has been further strengthened with the January-2022 hire of Roberto Ríos from White & Case S.C.; his ample practice covers project finance, infrastructure, public-private partnerships and energy.

Practice head(s):

Marcelo Páramo

Testimonials

‘Marcelo Páramo is an expert and a reference in the field. The precision of his ideas on the problems facing the energy sector today is very good.’

‘Marcelo Páramo is a very complete lawyer and a true expert in the field. His knowledge in the field is outstanding.’

Key clients

Acciona Energía and Grupo BioFields

Murphy Sur

International Frontier Resources Corp

El Dorado Exploración y Producción

Work highlights

  • Advised Murphy Sur in connection with all legal steps (contract negotiations, antitrust and regulatory authorisations) for the acquisition of the 10% interest in an in an exploration and production licence agreement with the National Hydrocarbon Commission held by Ophir Mexico Offshore Exploration.
  • Represented Acciona Energía and Grupo Biofields (as borrowers) on the financing of a photovoltaic project in Latin America; deal value: $264m.

Mexico > Dispute resolution: litigation

Mexico > Projects and infrastructure

Latin America: International firms > International arbitration Tier 4

Kate Brown de Vejar, based in Mexico City, and Paris-based Michael Ostrove co-chair the international arbitration department at DLA Piper LLP (US), which -in terms of the Latin American aspect of the practice- has undoubtedly benefitted from the firm’s substantial development throughout the region in recent years. Senior partner Gerardo Lozano Alarcón works alongside Brown de Vejar in Mexico City and has extensive experience in arbitral matters – both local and international. In Lima, where the firm continues to represent Metro de Lima Línea 2 in ICSID proceedings against the Republic of Peru, Guillermo Hesse focuses on complex commercial arbitrations. The team can also call on Florida-based associate Harout Samra, who is focused on international arbitration work in both the public and private sectors. The firm has further strengthened its Latin American arbitration capability with the February 2021 hire of Ricardo Alarcón (from Shearman & Sterling LLP) as associate director of the practice at the Bogota office; and the promotion of Houston-based Allissa Pollard to partner. However, Ileana Blanco has retired and Buenos Aires-based Mariana Lozza departed in December 2020 to join the Argentine State Attorney’s office as lead counsel. Since then, in late July 2021, the firm has hired former ICSID counsel Gabriela Álvarez Ávila (from Curtis, Mallet-Prevost, Colt & Mosle S.C.) to join its Mexico office.

Practice head(s):

Kate Brown de Vejar; Michael Ostrove

Testimonials

‘Gabriela Alvarez is recognised as an extremely solid litigant who delivers excellent results. Her understanding of the complexities of the realities of the Latin American states the regulatory changes that give rise to investment arbitrations make her an ideal candidate for this work.’

Key clients

Metro de Lima Línea 2

Línea Amarilla (LAMSAC)

Construções e Comércio Camargo Corrêa as a member of Consorcio Huachipa

Concesionaria Interoceánica Sur Tramo 2 (Odebrecht)

Republic of Lithuania

Latin America: International firms > Banking and finance

DLA Piper LLP (US)‘s bold expansion of its Latin America practice, including US-based and Latin America-located teams, is paying considerable dividends. The firm brought in further senior figures in 2020, including Los Angeles-based project finance specialist Dino Barajas from Akin Gump Strauss Hauer & Feld LLP, San Diego partner Raul Farias from Sempra Energy and New York partner Margarita Oliva Sainz de Aja from Baker McKenzie LLP. The firm’s extensive presence in Latin America itself has helped land it a steady pipeline of engagements from regional lenders. The wider team has impressed in alternative financing arrangements, including a team led by Raul Farias that advised Mexico-headquartered Crédito Real on a $50m loan from Barclays Bank, that was collateralised by the mark to market of certain swap transactions. Mexico is a particular forte for the firm, through key Mexico City partner Edgar Romo. Puerto Rico partner José Sosa-Lloréns is active in PPP financings and other transactions in the region, while New York’s Christopher Paci has a key role in financings that have a capital markets component. However, multilateral agency and DFI financings specialist Gregory Smith  and former of counsel Amala Nath both moved to Morrison & Foerster LLP in July 2021. Since publication, Barajas has left the firm for Baker Botts L.L.P., effective January 2022; William Candelaria has also left.

Practice head(s):

Raul Farias

Key clients

Banco Latinoamericano de Comercio Exterior (Bladex)

Globant

United States International Development Finance Corporation (DFC)

Banco Nacional de Comercio Exterior (Bancomext)

Crédito Real

Province of Mendoza

Giddings Fruit

ALSEA

Credit Suisse

Bank of America Merrill Lynch

Work highlights

  • Acted as US issuer’s counsel to Globant in connection with a registered primary public offering of common shares.
  • Represented Banco Latinoamericano de Comercio Exterior (Bladex) in its issuance of debt securities in the form of certificados bursátiles.
  • Represented Banco Nacional de Comercio Exterior, Sociedad Nacional de Crédito, Institución de Banca de Desarrollo (Bancomext) in the financing for the expansion of luxury hotel Rancho Pescadero in Baja California Sur, Mexico.

Latin America: International firms > Projects and energy

DLA Piper LLP (US) significantly expanded its US-based Latin America team in 2020, notably with the arrivals of Los Angeles partner Dino Barajas from Akin Gump Strauss Hauer & Feld LLP and San Diego-based Raul Farias from Sempra Energy. The enlarged group has a particularly strong standing in conventional power and renewables, especially in Mexico, although the firm has an extensive record in Latin America-wide engagements, thanks in part to its strong local teams in Brazil, Argentina, Colombia, Mexico and elsewhere. Despite the slowing deal flow in Mexico, the Latin America group maintained strong activity levels with a series of wind, solar and thermal power projects along with oil and gas projects. A powerful team in Mexico City, including Edgar Romo and Marcelo Paramo, has provided a significant impetus to the firm’s ability to win big-ticket engagements in the jurisdiction. The firm is also building its presence in PPP (P3) infrastructure projects. Led by the its impressive Puerto Rico team, the firm advised Quanta Services and ATCO on their new joint venture, LUMA Energy, as winning bidder in the $1.6bn public-private partnership transaction to operate and maintain the transmission and distribution assets of the Puerto Rico Electric Power Authority (PREPA). Key agency lender and DFI specialists Gregory Smith and counsel Amala Nath left the firm in July 2021. Since publication, Barajas has left the firm to move to Baker Botts L.L.P., effective January 2022.

Practice head(s):

Raul Farias

Key clients

IDB Group

United States International Development Finance Corporation (DFC, formerly Overseas Private Investment Corporation (OPIC))

International Finance Corporation (IFC)

Export-Import Bank of Korea (KEXIM)

Nederlandse Financierings-Maatschappij voor No Ontwikkelingslanden (FMO)

Export Import Bank of the United States (US EXIM)

Stoneway Capital

Murphy Oil

Acciona Energia

Grupo Biofields

Abengoa

Noble Group

Banco Santander

Canadian Solar

Mitsubishi Corporation

Diamond Generating Corporation

Work highlights

  • Advised Quanta Services and ATCO on their new joint venture, LUMA Energy, as winning bidder in the $1.6bn public-private partnership transaction to operate and maintain the transmission and distribution assets of the Puerto Rico Electric Power Authority (PREPA).
  • Advised KEXIM, IFC and HSBC on their financing of the Recaudo Bogota mass transit project.
  • Advised DFC on all aspects of its $165m financing of the GTS Majes and GTS Repartition solar power plants with a collective capacity of 44MW.

DLA Piper has established a substantial footprint in Latin America with varied offerings that cater to the specific needs of its global client base. The firm’s pan-hemispheric approach to delivering comprehensive services to its multinational clients underscores its view that Latin America is of utmost importance to the global business community.

The firm: DLA Piper assists clients with business transactions and cross-border disputes throughout Latin America. It handles matters in every country in the region and across every industry sector in which its clients operate. As the level of sophisticated, cross-border activity continues to grow throughout the entire region, DLA Piper continues to expand its services to clients with a Latin America presence through its cooperation with Campos Mello Advogados in Rio de Janeiro and Sao Paulo, Brazil and with its DLA Piper multi-disciplinary practice with offices in:

  • Bogota, Colombia DLA Piper Martinez Beltran
  • Lima, Peru DLA Piper Pizarro Botto Escobar
  • Mexico City, Mexico DLA Piper Gallastegui y Lozano
  • Rio de Janeiro and Sao Paulo, Brazil Campos Mello Advogados
  • San Juan, Puerto Rico
  • Santiago, Chile DLA Piper BAZ|NLD.

DLA Piper’s experience in Latin America includes assisting clients from inside and outside the region with the full range of business, legal and commercial services that DLA Piper provides worldwide:

  • Capital markets;
  • Compliance and investigations;
  • Energy, mining and natural resources;
  • Family groups;
  • Franchise and distribution matters;
  • Inbound and outbound capital investments;
  • Insurance;
  • International arbitration and disputes;
  • Labor and employment, immigration;
  • Litigation;
  • M&A;
  • Private equity and debt financing;
  • Project finance and public-private partnerships;
  • Tax structuring, transfer pricing, imports and market access issues;
  • Technology, telecommunications and intellectual property, privacy and data security, e-commerce;
  • Real estate and hospitality.

A number of DLA Piper’s lawyers were born or raised and educated in the region and are fluent in Spanish and/or Portuguese. Many have also practiced law in both the US and Latin America and are intimately familiar with civil law systems and with the cultural and legal nuances required to successfully do business in the region.

DLA Piper’s strategic relationships on the ground throughout Latin America enhance its understanding of the region and enable it to provide its clients with practical, meaningful legal advice. DLA Piper’s global platform in more than 40 countries enables it to serve all of its clients’ legal needs, whether they are based in Latin America or wish to do business there.

DepartmentNameEmailTelephone
Latin America chair Roger Meltzer
PhotoNamePositionProfile
Maria Gabriela Alana Castro  photo Maria Gabriela Alana Castro Partner
Gabriela Álvarez Ávila photo Gabriela Álvarez ÁvilaPartner
Jorge Benejam  photo Jorge Benejam Partner
Kate Brown de Vejar photo Kate Brown de VejarGlobal Co-Chair of International Arbitration Kate Brown de Vejar focuses her practice…
Eduardo Gallastegui  photo Eduardo Gallastegui Partner
Gerardo Lozano Alarcón photo Gerardo Lozano AlarcónPartner
Xavier Mangino  photo Xavier Mangino Xavier Mangino’s major areas of practice include corporate and commercial law, banking…
Diego Martinez  photo Diego Martinez Partner
Marcelo Paramo  photo Marcelo Paramo Partner
María Eugenia Ríos Espinosa  photo María Eugenia Ríos Espinosa Partner
Edgar Romo  photo Edgar Romo Partner
Other fee-earners : 2,953
Total staff : 4,921
Partners : 1,404