Formed via merger in July 2025, PPO Indacochea‘s banking capabilities reach across the Bolivian debt capital markets (where it advises on bonds, promissory notes and share offerings), the insurance sector (assisting insurers and reinsurers on regulatory matters and M&A transactions), and the payment and fintech sectors (advising global payment and Bolivian fintech companies on funds and new products and services). It also excels in cross-border financing transactions and regulatory advice for an impressive client list featuring multilateral entities, local and international banks, stockbrokers, accountancy firms and fintech clients. Carlos Pinto’s practice spans structured finance and corporate financing, from syndicated loans and secured financing to acquisition finance and debt restructuring. Both Lindsay Sykes and Leonardo Azurduy bring extensive international financing experience to the team and regularly advise on cross-border transactions; while Salomón Eid acts for a diverse range of clients, including multilaterals, investment funds and start-ups. At associate level, Ingrid Reese has a broad practice spanning fintech, insurance, loans and financings. Since publication, Mariana Pereira and Ana Carola Muñoz left legacy firm Indacochea & Asociados to establish their own boutique (effective as of February 2025).
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The PPO Abogados practice stands out for its unique focus on service customisation and the depth of its expertise, particularly under the guidance of attorney Salomón Eid, whose meticulous attention and specialised knowledge make a difference in the sector.'
'Uniqueness of the Practice: What truly sets this practice apart is its ability to merge deep legal knowledge with an intuitive understanding of its clients' business needs. The ability to anticipate and adapt to changing market dynamics, ensuring that solutions are not only legally viable but also strategically sound, is what makes it stand out.'
- ‘I highlight the high level of professionalism. The ability to complement international knowledge/global practices with the local scenario.'
- ‘Excellent team, knowledge in the sector and the market.'
- ‘Timely attention and professionalism.'
- ‘They are multidisciplinary, always updated and cover the most important legal areas of need for a technology-based company. They have an "in-house" innovation area that allows them to constantly innovate and review their internal processes.'
- ‘The treatment is professional but without ceasing to be human. The professionals at Indacochea & Asociados empathise very well with their clients. And based on this empathy, they have cultivated good lasting relationships and a diverse knowledge base.'
- ‘Collaboration and working relationship have been one of their strong points since they are constantly coordinating the steps to follow closely, so that the client feels informed and updated with the procedure. It is also important to mention that the billing is in accordance with the required issues.'
- 'Leonardo Azurduy is a very capable and efficient person who coordinates each step of the process in a very responsible and diligent manner. He is also a person who investigates doubts when required, to always be well informed on the topic in question.'
‘The treatment with the client is excellent, the attention is immediate, they understand the client's needs very well. The lawyers are at the level of any lawyer from elite firms abroad. I have had the opportunity to work with partners Carlos Pinto and Salomón Eid and everything has been 100, as well as with senior associate Carolina Arnez.'
Key clients
- Goldman Sachs
- Nomura
- Softbank
- Dlocal
- European Investment Bank
- Meta
- IDB Invest
- Astara
- Arthur J. Gallagher Perú Corredores de Seguro (Gallagher Re)
- Swiss Re
Work highlights
Advised AFD on a loan agreement executed between it, as lender, and the Bolivian government, as borrower, to finance the advancement of Bolivia’s social and economic development plan, including initiatives to conserve natural resources and transition to renewable energy sources.
Retained by San Cristobal Mining to conduct an M&A and financing, advising it on the acquisition finance of Sumitomo Corporation and SCM's Bolivian subsidiary.
Assisted Sommos (formerly PasanaQ) in expanding its B2B bank-focused solutions into Perú and Colombia.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Salomón Eid
Lyndsay Sykes
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Carlos Pinto; Salomón Eid; Lindsay Sykdes