Durán & Osorio Abogados Asociados’ premier projects offerings is reflected in its banking and finance practice, which specialises in representing sponsors and lenders — particularly multilaterals — in project finance transactions. Álvaro Gasca co-heads the practice and has an emphasis on infrastructure-related matters, with significant expertise in the transport sectors. Managing partner Gabriel Taboada co-heads the department and is recognised for his extensive public sector experience; he formerly served as head of the banks and financial institutions unit at Superintendencia de Valores, among other roles. Senior associate Sebastián Duque provides capable support.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The Duran & Osorio team constantly learns about the best cutting-edge market practices, which leads to a fast and close relationship with its clients with innovative and efficient approaches and solutions to problems.’
  • ‘We recommend the group for the quality of its lawyers, who demonstrate wide and deep knowledge of the sector.’
  • ‘D&O partners are directly involved in the mandates, bringing specific expertise as a mechanism to achieve agile processes and effective solutions. The team has a solid and in-depth knowledge not only of the applicable legal framework, but also of market conditions, key success factors, and risk factors in projects.’
  • ‘Álvaro Gasca stands out for his attention to detail, timeliness, compliance, and commitment to the client's needs and project objectives. He manages to effectively incorporate the experience and strategy required for the successful execution of projects.’
  • ‘Durán & Osorio is characterised by having a group of excellent professionals with a capacity to creatively solve highly complex problems. The attention it provides to its clients comes directly from its senior partners and associates (the direct channel is never a junior).’
  • ‘The most prominent partner, and a benchmark in the sector, is Álvaro Gasca who maintains an excellent position to meet the needs of clients. Without being investment bankers, the team always has extensive financial knowledge which allows them to fully understand transaction and business structures.’

Key clients

  • Financiera de Desarrollo Nacional
  • Empresa Férrea Regional
  • Empresa de Transporte Masivo del Valle de Aburrá – Metro de Medellín
  • Instituto de Infraestructura y Concesiones de Cundinamarca
  • Inter-American Development Bank
  • Ministerio de Hacienda y Crédito Público
  • Fitch

Work highlights

  • Advised Empresa de Transporte Masivo del Valle de Aburrá – Metro de Medellín and Financiera de Desarrollo Nacional on a $500m syndicated loan agreement between Metro de Medellín (as borrower) and Banco Davivienda, Financiera de Desarrollo Nacional and Bancolombia (as lenders).
  • Advised Empresa Férrea Regional on the renegotiation of a $98m syndicated loan agreement with Itaú CorpBanca Colombia, Bancolombia and Financiera de Desarrollo Nacional.
  • Advised Instituto de Infraestructura y Concesiones de Cundinamarca on a $100m loan agreement with Bancolombia to fund the Plan 500 project for the construction and improvement of highway and roadways in the Cundinamarca Department.

Lawyers

Leading associates
Rising stars with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Álvaro Gasca, Gabriel Taboada