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The Bogotá-based corporate team at international firm Garrigues’ scores highly with sources for its ‘ability to understand the profile and expectations of a large foreign client’. An increasingly prominent player in multi-jurisdictional transactions, the group’s recent work spans deals in the USA, Spain, Mexico, Germany, Brazil, Australia and the Netherlands, among others. Department co-head Ignacio Londoño has over 25 years of experience in corporate transactions and recently paired up with the competition practice to advise Viva Latinamerica shareholders, Viva Air Investments and Pangaea Three Acquisition Holdings I, on the sale of the company to Avianca Group International, a UK-based holding of Colombia-based airline Avianca. Fellow group co-head Andrés Ordóñez has a strong cross-border element to his practice, with a focus on advising strategic investors and private equity funds; he acted in conjunction with the banking and finance team to advise Prosus and PayU on its acquisition of Tecnipagos, a Colombian payment getaway company. Principal Associate Cristina Copete  (’careful to give precise answers’) is also recommended. In April 2023, the group received a significant boost to its restructuring and insolvency offering with the return of Guillermo León Ramírez as a counsel after five years at the Superintendencia de Sociedades’ insolvency unit. Associate Mateo Gómez Mazuera left to join Banco Itaú in March 2022.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘I think the team stands out for its ability to understand the profile and expectations of a large foreign client like us. Particularly in regards to response times, precision in legal analysis, knowing how to differentiate commercial from legal points, risk mitigation and legal diligence, among others.’

  • ‘Andrés Ordóñez and associate Cristina Copete are very good lawyers. The transaction in which we worked together presented particular complexities given the situation of the target and they were always prompt in their responses but, at the same time, careful to give precise answers.’

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Key clients

  • Viva Air Investments and Pangaea Three Acquisition Holdings I
  • PayU Global
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Work highlights

  • Advising Viva Latinamerica shareholders, Viva Air Investments and Pangaea Three Acquisition Holdings I, on the sale of the company to Avianca Group International, a UK-based holding of Colombia-based airline Avianca.
  • Advising Prosus and PayU on its acquisition of Tecnipagos, a Colombian payment getaway company, via PayU (another payments getaway it already owns).
Abbreviated data is displayed for this firm.