2014, International Financial Law Review Bolivia

FERRERE is an international firm. It has its headquarters in Uruguay and, in addition, two offices in Bolivia - in Santa Cruz and La Paz - and offices in Paraguay. Many of the clients they advise in Bolivia come either from another Ferrere office or are attracted by their international presence. "I worked with them originally in Uruguay and they were good, so when I was looking for assistance in Bolivia I gave them a call there," says one client based at a US law firm. Another US client adds, "They can explain the complexity, give time frames, costs and put you in contact with local trustees."

In September 2012, Lindsay Sykes joined the firm as a partner from Cleary Gottlieb Steen & Hamilton in the US. Sykes will focus on financial transactions as well as spearheading the firm's regulatory practice.

FERRERE represents international financial institutions in a range of corporate and financial matters. Since opening in Bolivia in 2006, the firm has worked to raise both its numbers and its profile by handling novel transactions. In a transaction that closed in July 2012, Cristian Bustos and Carlos Pinto-Meyer advised longstanding client Deutsche Bank in an agreement with the Bolivian Central Bank to govern future derivatives transactions with Bolivia's international reserves. In November 2012, the firm advised Wells Fargo on financing agreements for Cisco systems and its subsidiaries. The deal, for an undisclosed amount, reached across the US, Bolivia, Peru and Ecuador requiring the preparation of a legal opinion and the negotiation of the finance agreement.

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