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 Böhrt, in turn, advises companies on their incorporation in Bolivia, and excels in the provision of corporate governance advice, the drafting of commercial agreements and establishment of investment structures. At senior associate level, Maria Laura Paz focuses her practice 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 and Ingrid Reese are further names to note at the senior associate level. From the associate bench, Sebastian Alba advises clients on shareholder meetings, Fabiana Vaca Pereira provides companies with civil and commercial advice, and Leonardo Reyes handles transactional matters and spin-offs. 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.
‘Direct attention of the head of the team. The team complemented each other. Proactivity of the team leader.’
‘The approach to solutions and the ability to see other aspects that may be off the radar.’
- ‘The team is very prepared to provide practical solutions efficiently. When you present them with a complicated problem, they look for a way to present a practical solution to the problem. Something that generates confidence in us as clients is that they have specialists for each area, so a single lawyer does not try to give you the solution for all problems.'
- ‘The attention is very personalised, we have a feeling of complete trust, a truly familiar treatment. The ones with whom I work the most (and stand out) in the corporate part are the following: Alejandra Suarez, Ana Carola, Anwar Farah, Fabiana Vaca Pereira.'
- 'Andere Indacochea is a professional very committed to her work and her clients. She puts the client's interests above all else. Leonardo Reyes is an excellent lawyer who generates trust through his dedication and commitment to clients.'
- ‘In general, the people who work at Indacochea are very committed to their work. They show that they really care about their clients' problems and take the time to explain and simplify the issues discussed so that we can fully understand the solutions they propose. All the lawyers we have worked with have provided us with exceptional service and first-class attention.'
- ‘Personalised and preferential attention. Innovation, permanent updating.'
‘They stand out in the level of service and transparency in the collection of expenses.'
‘The immediate attention of Carlos Pinto and Delma Paz.’
Key clients
- JetSmart Air Lines
- Telecel (TIGO)
- Inchcape
- Productora H2 Bolivia
- Canacol Energy
- Promocali
- San Cristobal Mining
- Sociedad Inmobiliaria El Dorial
- Global Pediatrics
- HP Medical
Work highlights
Advising LS — a subsidiary of Levi Strauss & Co — regarding its commercial and regulatory operations in Bolivia.
Advised San Cristobal Mining on the indirect acquisition of 100% of the participation in Minera San Cristobal and related companies by entering into a stock purchase agreement (SPA) with Sumitomo Corporation.
Advised DXN Holdings on the legal situation of its Bolivian subsidiary DXN Bolivia, conducting a complete due diligence to allow the company to execute its initial public offering in the Malaysian Stock Exchange.
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