Chambers Latin American 2016, Uruguay

Heavyweight firm fielding a dynamic team with long-standing experience handling complex finance matters and transactions. Considerable expertise in all aspects of banking and finance, with particular strengths in capital markets, banking M&A and project finance, as well as regulatory issues. Regularly retained by the Uruguayan State, government entities, and international banks and financial institutions.


"Ferrere really are the best - they know the market very well and give very precise and concise solutions and responses to questions, with a great knowledge of banking."

"The service from the firm is the best that I have known - they are very professional, always available and come up with original ideas."

Notable practitioners

Head of department Diego Rodríguez draws on over 20 years' experience to advise top-end finance clients, with particular knowledge of securitisations and banking regulations. Clients appreciate that he"pushes a deal forward," and add: "He is extremely fast at getting back to us with what needs to be included. It's amazing how, when we needed to tweak something, it would just be done."

With notable abilities in complex structurings and negotiations, Andrés Cerisola receives high praise from clients for his work on complex cases: "He is very meticulous and knowledgeable, as well as being charismatic and experienced. He deals with the really delicate issues, and always has the interests of the client in mind."

Senior associate Sebastián Ramos centres his practice around capital markets and project financings, as well as regulatory banking matters. He is well regarded by interviewees, who appreciate his "knowing every detail of a case - nothing escapes him."

Associate-to-watch Javier Domínguez is singled out by sources for his skills in financial mandates, with clients asserting: "He works very well - he's clear, precise and particular." He focuses his work on syndicated loans and banking M&A, among other areas of practice.

The "very friendly and professional" senior associate Julie Rothschild has great strengths in regulatory banking matters and M&A. She is described by clients as a "real plus, giving good alternatives and solutions."

Corporate M&A

Elite firm with a revered corporate practice group. Often instructed by a notable roster of international clients from a wide variety of sectors. Has significant experience handling high-value and complex matters including major energy, banking and agribusiness M&A and joint ventures. Includes a strong bench of practitioners with knowledge of multi-jurisdictional transactions.


"We believe this is by far the best law firm in the country and we are very fortunate to have the team with us. Not only do they have experts in every field but they deliver superb quality work. Their regional presence is also a plus." "Ferrere has an array of legal experts that facilitate a company's need for solid and prompt advice."

Notable practitioners

Practice head Martín Cerruti has expertise in all manner of corporate matters and M&A, and has led the team on many of their most complex transactions. Clients are quick to praise him, saying: "He is a terrific, highly skilled lawyer with superb quality and delivery - a genius legal strategist and an ambassador of the legal elite in Uruguay."

Gonzalo Secco has notable strengths in deals with the public sector and state-owned entities. Clients say of him: "He is brilliant - dynamic, always ready and available, and he is very focused on the client. He is really exceptional."

Santiago Fontana has particular capabilities in M&A, in addition to other corporate mandates including corporate structures, shareholder agreements and spin-offs. Clients single him out as "an extremely capable, focused and tireless lawyer who always goes the extra mile. It is an enormous pleasure to work with him."

Geraldine Ifrán is active in private equity, insurance and banking and finance matters as well as corporate/M&A. Clients particularly value her "technical knowledge, expertise and proactive approach to understanding the specific needs of a company."

Associate-to-watch Sebastián Ramos enters the rankings following excellent market feedback. Clients highlight him as "a solid lawyer with excellent delivery and attitude, and sound advice." He advises clients in regulated industries on M&A, as well as corporate matters.

Senior associate Manuel Lecuona advises on corporate structures, mergers, spin-offs and venture capital matters. He regularly acts for clients in the energy sector.

Clients describe associate-to-watch Cristina Vignone as "outstanding - very hard-working, responsive and efficient." She regularly advises energy and construction companies on corporate matters and M&A.

Dispute Resolution

Leading full-service firm with a strong dispute resolution offering, covering litigation, arbitration and alternative dispute resolution. Consists of a deep and dedicated bench of practitioners with considerable knowledge of the market, regularly representing financial institutions and multinational companies from a variety of sectors.


"The team at Ferrere does excellent work both in dispute resolution and prevention, combining strong experience in litigation and arbitration with expertise in other areas." "They are very well prepared and technically capable - the information that they provide is precise and accurate and they can predict what's likely to happen."

Notable practitioners

Department head Sandra González has a very strong arbitration practice and extensive experience of high-value, complex disputes. Sources describe her as "extraordinarily capable," adding: "She is an excellent lawyer and unique strategic adviser - she has the capacity to think clearly and plan ahead."

Alejandro Andrés Pintos has significant expertise in commercial litigation and arbitration, both internationally and domestically. Clients report: "He is very dedicated and professional." They add that he"made sure we understood everything and explained issues in a clear and helpful way."

Managing partner Andrés Cerisola has an in-depth understanding of disputes emanating from regulated industries, as well as corporate cases and international arbitration matters. Market sources praise his "excellent judgement" when advising on litigation and arbitration issues. Clients describe the increasingly prominent Julio Iribarne Pla as "a very good professional with a clear understanding of Uruguayan law." He has notable expertise in the arbitration field, especially in relation to real estate and construction matters.

Star Associate Soledad Díaz is praised by clients for being "an excellent, sharp lawyer, with an outstanding command of the law and substantial expertise in arbitration and litigation." Her broad practice has recently focused on international arbitration in particular.

Energy & Natural Resources

Pre-eminent practice group with a dedicated bench of practitioners. Ample knowledge of energy and natural resources matters, including all forms of renewable energy and the increasingly important oil and gas market. Strong experience in project financing, as well as advising major international clients and government entities.


"The overall experience of working with Ferrere has been delightful - we have done very well in Uruguay due to their advice. The work is immaculate, there are no flaws." "They really stand out - their service is excellent, they are very knowledgeable, their dedication is second to none and they are available around the clock."

Notable practitioners

Department head Gonzalo Secco has long-standing experience in this field, particularly in connection with wind energy, and is highly regarded by interviewees. He has in-depth knowledge of energy-related M&A and regularly represents project developers as well as banks. Clients describe him as "a specialist"in the market.

Deeply respected senior counsel Cristina Vázquez is recognised for her solid understanding of energy matters, such as PPPs and regulatory frameworks and procedures. Market commentators consider her to be "excellent, particularly in regulatory matters."

Associate-to-watch Sebastián Ramos has notable skills in project financing in the energy sphere, particularly in relation to wind and solar energy developments.

Intelectual Property

Deeply respected full-service firm with a strong IP offering. Good experience in the full spectrum of IP work, handling complex and sophisticated trade mark filings, registrations, enforcements and litigation cases, as well as copyright and patent matters. Has experience in a range of sectors, including pharmaceuticals, entertainment and advertising.


"The team is outstanding in everything - the lawyers predict problems and are always analysing changes. It's clear they understand the market and the difficulties that can arise." "Ferrere's lawyers give good options and solutions, and put a lot of focus on client service - they are always available and very attentive."

Notable practitioners

Department head Agustín Mayer West has vast experience in IP matters with particular strength in patent cases, especially those relating to the pharmaceutical sector. He is highly regarded by market commentators, who say: "He always has a solution and gives 100%. He is constantly looking at the future of the market and understands problems before they happen."

Senior associate Alejandro Alterwain has extensive knowledge of IP-related litigation, spanning copyright, trade mark and patent cases. Sources say of him: "He provides more than just a technical viewpoint - he is very strategic and helps us understand every implication of every decision."


What the team is known for Outstanding team frequently called upon to handle complex and sophisticated cases for a wide variety of domestic and international clients. Has considerable strengths in employment-related litigation as well as collective bargaining and negotiations, due diligence, restructurings and social security matters. Extensive experience working with clientele in the banking, construction, health, education and IT sectors.


"The lawyers are very honest in their opinions – very transparent about the risks and the decisions we have made, and I feel like we can communicate as if they were part of our company."

"The lawyers have great knowledge of the market, are always able to find solutions and are very respected."

Notable practitioners

Department co-head Nelson Larrañaga has long-standing experience handling labour litigation matters as well as a strong academic focus in this field. Clients praise him for his "very good recommendations and ability to accurately predict issues." A further source states that "his expertise makes him one of the best labour lawyers in Uruguay."

Practice co-head Verónica Raffo frequently assists clients with labour planning and strategy, including conducting negotiations with unions. Impressed clients assert: "She is an excellent professional, completely competent and provides an exceptional level of service."

Lourdes Denis has significant experience of representing clients in disputes with the unions and the government. She also advises on social security matters.

Alberto Baroffio regularly advises clients from the construction and finance sectors on labour matters. Sources highlight his dedication and solution-oriented approach. Associate-to-watch María José Fernández has particular strengths in immigration matters. Clients say of her: "She is spectacularly professional and knowledgeable."

Real Estate

Dominant and highly respected practice group advising on all aspects of complex real estate matters. Noted experience of large-scale projects, agribusiness matters and real estate funds. Also boasts particular strength in property-related dispute resolution, acting for investors and developers in residential and commercial ventures. Department is supported by the firm's expertise in other areas, such as tax, corporate law and finance.


"We have high regard for the team's competence, focus and business-oriented solutions - they have exceeded our expectations in being proactive and reactive."

"I think very highly of the firm - the lawyers are responsive and knowledgeable, and they provide a good service and practical advice."

Notable practitioners

Department head Julio Iribarne Pla is well known for his strength in real estate matters, especially in related dispute resolution. Market sources appreciate him for his "great strategic vision and concrete solutions."

Star associate Carlos Falco is well recognised by clients for being "spectacularly intuitive, " with sources adding: "He is very goal-oriented, knowledgeable and helpful." He is experienced in representing high-profile investors and developers, especially in the residential and office sectors. Sources highlight senior associate Diego Durán for his "proactivity and diligence." They appreciate that he works with "accurate technical excellence, and is very focused." His expertise notably includes mandates in the agribusiness sector.


What the team is known for Leading practice group with a strong focus on tax matters. Fields a strong bench regularly called upon to advise multilateral companies on a variety of standalone tax issues. Has the ability to combine with other departments at the firm, such as energy and corporate, to provide a comprehensive and cohesive service to clients.


"The lawyers at Ferrere are quick, very to-the-point, and get back to you with solutions within 24 hours." "They are good professionals who provide clear advice with a very good knowledge of this area of law."

Notable practitioners

Eminent practitioner Alberto Varela Rellán is a well-known name in the tax field and is highly respected for his experience in the market. His particular strengths lie in tax-related disputes, notably with the tax authority. He is praised by clients for his "great professionalism - he is always on top of the case."

Head of department Gianni Gutierrez Prieto has long-standing experience of tax matters, including those relating to M&A and personal wealth as well as contentious cases with the tax authority. Clients report that he is "distinguished by his knowledge - he knows every law, so you feel confident and safe when you ask him a question."

Star associate Isabel Laventure centres her practice on tax matters, and is highly rated by market commentators for her emphasis on litigation involving the Uruguayan tax authority.

Senior associate María Laura Caffera is dedicated to tax issues, and has demonstrable knowledge of foreign trade taxation.

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