Category: News

Affinitas member firms Barros & Errázuriz (Chile), Gómez-Pinzón (Colombia) and Miranda & Amado (Peru) advised on five of the shortlisted deals in Latin Lawyer’s 16^th Annual Deal of the Year Awards. According to the international publication, the winners will be announced on May 5^th, during their charity awards ceremony.

The transactions on which Affinitas member firms advised are:

1. Deal of the Year: Banking and Finance. Peru’s Minera Antamina secures USD 1 billion credit facility
Peruvian member firm Miranda & Amado, with a team led by Gabriela Dañino and Juan Luis Avendaño, advised the banking syndicate in the granting of the USD 1 billon loan in favor of Minera Antamina.

2. Deal of the Year: Mergers & Acquisitions: Private Companies. QuintoAndar buys Navent in cross-border proptech deal
Peruvian member firm Miranda & Amado, with a team led by Roberto Mac Lean, Pablo Sotomayor, Enrique Felices and Juan Luis Avendaño, advised Brazilian real estate platform QuintoAndar in the acquisition of Navent Group’s real estate operations in Argentina, Brazil, Ecuador, Panama, Peru and Mexico.

3. Deal of the Year: Mergers & Acquisitions: Public Companies.AT&T sells LatAm assets to Argentina’s Grupo Werthein
Chilean member firm Barros & Errázuriz advised AT&T on the sale of its Vrio Corp. business unit to private holding company Grupo Werthein, which has acquired 100% of the equity in Vrio.

4. Deal of the Year: Private Equity.Brazil’s IG4 acquires stake in Peruvian infrastructure group Aenza
Peruvian member firm Miranda & Amado, with a team led by Bruno Amiel and Roberto Mac Lean, helped Brazilian infrastructure investor IG4 Capital launch a USD 58 million tender offer to acquire a stake in Peruvian infrastructure company Aenza, making it the largest shareholder.

5. Deal of the Year: Restructuring. Avianca emerges from Chapter 11 process
Colombian member firm Gómez-Pinzón, with a team led by Ricardo Fandiño, helped Latin American airline Avianca emerge from its Chapter 11 restructuring process and eliminate debt worth more than USD 1 billion.

Mexican member firm Mijares, Angoitia, Cortés y Fuentes announced the appointment of two new partners, effective as of July 1st, 2022. Luis Antonio Monroy and Rodrigo del Valle have been elected as partners in the Tax and Labor practices, respectively. As a result, the firm will be made up of 23 partners, four counsel and 117 professionals.

“We are delighted to invite Luis and Rodrigo to this new juncture in their professional careers. Throughout the years both have shown to have the knowledge, integrity and work ethics that represent the kind of professionals we are looking for. These appointments not only reflect our culture of rewarding and promoting talent, and encouraging our associates to achieve their goals, but they also reflect our commitment to growing our teams in line with our clients’ needs, to ensure the highest standards of quality and provide integral services”, said Pablo Mijares, one of the Firm’s founding partners.

Luis Antonio Monroy joined the Firm in 2004 and focuses on providing tax advice to national and multinational companies. Luis is constantly involved in M&A transactions, financings, capital markets and corporate reorganizations. Likewise, he has advised clients from various industries in connection with the application of conventions for the avoidance of double taxation and has represented them in regulatory matters vis-à-vis the Mexican tax authorities at the federal, state and local levels. More recently, he regularly advises clients regarding the application of the amendments to labor and tax laws relative to outsourcing.

Luis Antonio obtained a Public Accounting degree from the Instituto Tecnológico Autónomo de México and completed a Master of Advanced Studies in International Tax Law at the International Tax Center Leiden – Leiden University, in Leiden, the Netherlands. He also worked as an associate in Alvarez & Marsal’s Houston office. He has authored and co-authored various articles which have been published in domestic and international specialized tax publications and is an active member of the International Fiscal Association (IFA) Chapter Mexico.

Rodrigo del Valle joined the Firm in 2016 and focuses on providing advice on a wide range of labor issues. He has represented and advised Mexican and foreign companies in corporate transactions, including mergers and acquisitions, project finance and corporate reorganizations. He has actively participated in the design and implementation of compensation structures for high-level executives, preventive strategies, collective dispute resolutions and employee transfer processes, among others.

Rodrigo obtained his law degree from the Universidad Iberoamericana. Rodrigo provides advice on a number of labor law matters to clients across a wide spectrum of industries, including Mexico’s largest construction companies, North American and European financial institutions, energy companies and investment funds. He has been actively involved in providing advice on the implementation of the recent labor and tax laws relative to outsourcing.

Affinitas member firm Mijares Angoitia Cortés y Fuentes represented Grupo Televisa in the negotiation of several agreements with Live Nation Entertainment to move forward with the previously announced acquisition by Live Nation of Televisa’s unconsolidated 40% equity participation in OCESA Entretenimiento (OCESA), for USD 261,96m.

OCESA owns Ticketmaster México, OCESA Seitrack (specialized in artist management and booking), ICREA (corporate events) and Centro Citibanamex (dedicated to exhibitions and conventions).

This transaction was highlighted as “Deal of the Year” in the 2021 edition of the Mexico Annual Report issued by Transactional Track Record (TTR).

The team that advised Grupo Televisa was composed of partners Carlos Orcí, Francisco Fuentes, Francisco Glennie and Ricardo Maldonado, as well as trainee Iván Serralde.