Posadas

With more than 95 years of history, Posadas, Posadas & Vecino (PPV) is one of the largest and most prestigious full-service firms in Uruguay. Since its foundation in 1926, the firm has had an international perspective, being the first Uruguayan firm to open branches within the country (Zonamerica and Punta del Este) and in Europe.

PPV’s leading position is built on its ability to support clients in highly complex business transactions, advising multinational corporations, financial institutions and local companies in a broad range of practice areas. The firm prides itself on keeping its tradition in the practice of law, providing personal attention to clients with great involvement from all partners in the cases handled. PPV’s professionals are highly specialized, most of them having studied abroad or worked for international firms.

Main areas of practice
Banking and finance: PPV represents some of the major multinational banks operating in Uruguay, having participated in most major banking and financing transactions, including syndicated lending, structured finance and project finance. The firm represents multilateral institutions in their lending activity in Uruguay and also counsels many representative offices of foreign banks and international brokerage firms doing business in Uruguay.

Corporate and M&A: the firm has a well-established and highly reputed corporate and M&A team, which has handled some of the most relevant transactions in recent years in a wide range of industries. It also assists local and foreign clients with regular commercial and corporate advice.

Dispute resolution: PPV has sound experience in litigation, handling civil and commercial litigation, insolvency, reorganization and bankruptcy matters, and administrative proceedings. PPV also advises clients in local and international arbitration cases, some members also having participated as arbitrators and expert witnesses. It has vast experience in class action disputes involving a considerable number of plaintiffs.

Energy and natural resources: in recent years, PPV has participated in a large number of relevant energy matters, including renewable energy projects (wind, solar and biomass sources), mining, and oil and gas, representing both developers and financing institutions. The firm has considerable experience in public biddings launched by the Uruguayan national electricity company.

Labor: the labor team advises on individual and collective matters related to employment and social security law, including handling trade union relations and collective bargaining agreements.

Tax and accounting: the firm has traditionally been very strong in assisting foreign clients, both personal and corporate, in tax and accounting matters. The firm’s tax and accounting team has grown considerably and branched out into more specialized activities, such as back office services for foreign entities.

Real estate: PPV has a strong real estate practice, representing developers and investors in different types of transactions including social housing, leisure, tourism, rental offices and urban construction. The firm has broad experience in structuring real estate agribusiness transactions, such as forestry and agriculture.

International work: in recent years PPV has been involved in a large number of deals, including M&A, bond issues, cross-border lendings, project financing, leisure, mining, agricultural, forestry, energy and telecommunications.