Ferrere

2010, Chambers Latin America

BANKING & FINANCE

Clients highly recommend this outfit because “it is always available, adheres to deadlines and treats us very well – these are all the valuable assets that we look for in a firm.” While some commentators feel that Alejandro Hernández´s departure to set up his own firm has weakened Ferrere`s banking practice, the team maintains the necessary resources to assist many banking clients; these include DiscountBank, which relies on the group for advice on all its banking concerns. The ten-strong team also assists funds with fund structuring and financing projects, and represents international banks such as BBVA, Bank of America and IDB on loan cases. Young partner Diego Rodríguez heads the banking group and is recognized for his capital markets skills, especially in securitization matters. Daniel Ferrere is busy managing the firm but still gets involved in some of the major cases. He was on the team that recently assisted a group of Spanish banks, including BBVA, Caja de Madrid, Sabadell and Banesto, with a EUR1.3 billion financing to Ence.

CORPORATE / M&A

This large law firm handles all types of corporate and commercial work and has offices in several countries across Latin America, giving it an impressive regional presence, a strong network of business contacts and excellent cross-border capabilities. “The lawyers deliver great advice when you`re facing difficult situations and are always ready to get to the bottom of problems and fight for the best results,” commented one source. The group mainly works for large corporates, but is enjoying an increasing amount of instructions from the government. It recently helped Navios set up a South American logistics business through its existing port operations, including one in Nueva Palmira in Uruguay. Laura Ramón heads the team with Martín Cerruti, and benefits from the help and advice of well-regarded associate Pamela Moreira.

DISPUTE RESOLUTION

This firm offers a full service to its clients. According to impressed sources, “its strengths lie in its fast response times, exceptional courtroom performance and thorough understanding of client’s needs.” The team is especially praised for its great skill in arbitration matters, which it recently demonstrated in its representation of Dresdner Lateinamerika, Chemical Overseas Holdings, Credit Suisse, US ambassador to India David Mulford, Brian O`Neill and Holger Sommer in a USD 1 billion IOC arbitration in New York against the Oriental Republic of Uruguay and the Central Bank of Uruguay. The group “offers excellent service,” agree admiring interviewees. Andrés Cerisola stands out for his great commercial skills and valuable work on complex litigation and arbitration cases. Sandra González heads the department and provides excellent counsel on commercial cases, especially those involving arbitration matters. Experts forecast a brilliant future for associate Alejandro Pintos, a diligent and excellent litigator who is involved in most of the firm’s litigation files.

INTELLECTUAL PROPERTY

This relatively small team is recognized for its high-quality skills in filing cases. “The lawyers here offer an impeccable service – we really felt supported and intelligently advised,” enthused one happy client, while another said: “The project was highly complex but everything worked smoothly, and we were able to focus on the creative side of our work without concerning ourselves with the legal issues.” The group has excellent and increasing expertise in the areas of television, firm and media, and recently counseled Hit Producciones on IP matters related to a film and its distribution. Other clients in this sector include DIRECTV. During the past few years the firm has been adding new departments and constantly updating its service; it is now “one of the best in Uruguay when it comes to the amount and quality of its professionals and clients,” according to sources.

Agustín Mayer is praised for his accessibility, involvement in cases and proactivity. This highly skilled partner is the main contact for IP matters.

LABOUR & EMPLOYMENT

This team has a good reputation for its preventative advice on labor issues. It is up-to-date and extremely knowledgeable on the different local regulations, while its useful network of offices in the country means it is “well prepared and able to react quickly when facing different scenarios, especially in a time of crisis.” The lawyers offer personalized advice to companies and the department as a whole has a good track record in the pharmaceutical and health sector. Clients include Sanofi-Aventis and Schering-Plough. Partner Verónica Raffo heads the practice. Quick thinking and experienced, she has extensive knowledge and “provides excellent opinions that have helped us a lot,” clients say. Nelson Larrañaga has long experience in labor and is also able to draw on his background in the banking sector. Associate Lourdes Denis provides great support for the team and is admired for her effective advice.

TAX

This large firm has a strong standing in the tax sector and is noted for its good value for money and quick responses to clients´ questions. “You don´t have to wait when you need an answer; the lawyers get back to you with accurate counsel straight away,” explained one source. Its excellent tax team is particularly praised for its talent in litigation, where recent highlights include assisting Uruguay`s premier supermarket chain Tienda Inglesa in a case against DGI. Other prominent clients include Banco Santander, Lloyds TSB, Movicom, DIRECTV and British Hospital. Tax specialist Alberto Varela is among the most respected lawyers in the country and is the main contact for clients.

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