Cuatrecasas’ tax practice is in growth mode, following the December 2023 arrival of new department head Jaime Vargas, formerly the tax markets leader for northern Latin America at EY Law Bogota. The team was further boosted in February 2024 with the hire of capable senior associate Nathalie Medina from Dentons Cardenas & Cardenas. Adding 12 new clients during 2023/24 (including Enel Colombia, British American Tobacco and Cemex Colombia), the group shines in transactional tax — where it benefits from its ability to support the firm’s corporate and finance offerings — as well as in tax planning and general advisory matters. The department also draws on principal associate Diego Torres, who handles private client and corporate tax work.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The depth with which the team addresses the issues, and its ability to find alternatives that allow the specific businesses of the sector to be viable (covering the risks that may arise) makes this firm a benchmark in the country.’
  • ‘Jaime Vargas has excellent professional diligence. We highlight his skills to understand the characteristics of our business, applying well thought-out solutions based on the law, which allow for high-level internal debates where we discuss the solutions proposed by our advisor to reach solid positions.’
  • ‘Diego Torres is a very outstanding lawyer with depth and analysis, he supports Jaime Vargas and they make a solid team, I consider them both to be great advisers.’

Key clients

  • Grupo Energía Bogotá
  • Ashmore
  • Decameron Hotels
  • Stracon
  • Scatec
  • Teka Capital
  • Enel Colombia
  • British American Tobacco
  • Cemex Colombia
  • Quala
  • MercadoLibre
  • Parex Resources
  • Canadian Solar
  • AES

Work highlights

  • Advised Grupo de Energía de Bogotá on structuring a sustainable bond issuance in the international capital markets.
  • Advised Scatec on the tax structuring of the acquisition of energy projects.
  • Advising Ashmore on the tax aspects of the ongoing sale of a concessionaire.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Practice head

The lawyer(s) leading their teams.

Jaime Vargas