Hughes & Hughes

The corporate and M&A practice at Hughes & Hughes has been integral to some of Uruguay’s most significant corporate transactions. As the lead legal advisor to UPM, the firm guided the construction and startup of the USD 3.47 billion eucalyptus pulp mill near Paso de los Toros, and continues to provide legal support in corporate, labour and environmental matters. The team is led by Haroldo Espalter, who has extensive experience advising both international and national companies on commercial, industrial and service activities. Héctor Ferreira advises on M&A, FDI projects and corporate structuring, while Mariana Estradé is also a key practitioner, providing exceptional support across complex matters. Partners Juan Carlos Oreggia and Florencia Beyhaut left the firm in February 2025.