
Able to draw on the firm’s full-service capabilities (including tax, labour, regulatory and compliance practices), the corporate capabilities at new market heavyweight PPO Indacochea (formed by merger in July 2025), demonstrates all the capabilities of the respective legacy firms. The team regularly advises a client roster of both local and international companies drawn from a broad array of sectors on cross-border M&A, investment and capital increases, as well as day-to-day corporate advice; it also evidences a strong suit in corporate restructuring and advice on the reorganisation of holdings and assets. Carlos Pinto plays a lead role in both company and asset acquisitions, as well as advising companies on public tenders for the development of energy and infrastructure projects. With a strong track record in cross-border M&A, Alonso Indacochea advises a diverse roster of international clients entering or exiting the Bolivian market, as well as significant family groups in the country. Marcial Fernández too, has a strong M&A practice and acts for an impressive roster of national and international clients; he also handles restructurings, company dissolutions, and foreign investment matters. Diego Borht, in turn, advises companies on their incorporation in Bolivia, particularly as regards corporate governance advice, the drafting of commercial agreements and establishment of investment structures; while Leonardo Azurduy focuses on the management of corporate operations and commercial contract negotiation. At senior associate level, Maria Laura Paz workload is centred on compliance and the drafting of commercial and civil contracts; and Delma Paz plays a key role in reorganisations, due diligence and the negotiation of shareholder agreements. Carolina Arnez is a further name to note at senior associate level, as is company law specialist Ingrid Reese who recently completed her LLM. Additional names from the associate bench include Sebastián Alba, who advises on shareholder meetings; Fabiana Vaca Pereira, who provides civil and commercial advice; and Leonardo Reyes, who handles transactional matters and spin-offs. 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
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Carlos Pinto
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Delma Paz
Leonardo Reyes
Practice head
Carlos Pinto; Diego Böhrt; Marcial Fernandez


