Latin America - Latin America: International firms

Latham & Watkins LLP

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Latham & Watkins LLP has a highly integrated Latin America practice with many team members crossing various disciplines at the same time as having high levels of core specialisation. Over the years, it has advanced to the forefront of energy and infrastructure transactions in the region, which now includes growth areas such as renewables and energy transition. While it has historically focused on investments going into Latin America, it is now increasingly active in cross-border transactions into North America by businesses in Brazil, Mexico, Chile and other jurisdictions. Moreover, it is leveraging its status as a leader in start-ups and emerging companies to target this sector in Latin America; it advised Avenir Growth Capital on its $111m Series B funding of Chile-based Xepelin, a provider of B2B payments and financial services for SMBs in Latin America. New York partner Antonio Del Pino, global chair of the Latin America practice, has an outstanding record in M&A and private equity transactions. Madrid’s Ignacio Pallarés has a long history of representing Spanish corporates in their investments in Latin America. Washington DC’s Carlos Ardila, a Colombian native, was promoted to partner in January 2023; he has impressive experience in corporate transactions and financings. Dual-qualified (Argentina/New York) associate Francisco J Lanusse is one-to-watch.  

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The work of Antonio Del Pino and his team is highly specialised, they have very complete specialists in different areas and an absolute level of commitment to the client.’

  • ‘Thorough knowledge of their areas of expertise and especially of operations in Latin America.’

  • ‘An experienced team with a great ability to negotiate successfully and a very quick response to customer needs. They were able to put together a team to take on a transaction that was negotiated in less than two weeks, very efficiently and quickly.’
  • ‘All of the firm's attorneys displayed in-depth knowledge of their practice areas and were able to resolve all sensitive points in the transaction very quickly; there was a special dedication from the team of specialised contracts for manufacturing, the commercialisation of products and intellectual property, which demonstrated great capacity. Antonio del Pino is an extraordinary partner, who transmits calm, is very rational and focused on results, and a great negotiator. He knows what the points to deliver are, and which issues are critical. He had a very quick and efficient response time. Francisco Lanusse is a great associate, with a great capacity for work, who knows all the issues of M&A transactions perfectly, and is very dedicated and extraordinary in negotiating contracts.’
  • ‘The LW team has a very strong M&A practice, with extraordinary professionals. They have a great ability to work in cross-border operations, with a diverse staff that has roots in Latin America -- certainly on the operations in which I have interacted with them. The integration of their team helps a lot in these types of operations.’
  • ‘I would highlight Tony del Pino and Javier Stark. Very keen to find solutions and get deals done.’
  • ‘Latham has a great M&A team led by Tony del Pino. Tony, in particular, has great skill and astuteness as a negotiator, avoiding unnecessary clashes and tailoring the direction of the negotiation to meet the client's interests, without creating unnecessary tension. A wise and cunning negotiator. This sets them apart from other law firms in NY, which negotiate with more intensity.’
  • ‘Latham's M&A team has the support and depth of the entire firm, with highly specialised and sophisticated areas. In one operation, in the energy area, a negotiation was achieved in record time, with the support of various teams of specialists in the firm. The leadership of Tony del Pino is fundamental. We have also had a very positive interaction with Carlos Ardila.’
  • ‘It is a team with extensive experience in transactions in Latin America, they have a deep knowledge of Latin American culture, which facilitates transactions in the region. L&W has the ability to integrate multidisciplinary, bilingual teams that include not only M&A issues but also conflict resolution, taxes, regulations, etc.’
  • ‘Lawyers like Tony del Pino, Carlos Ardila, Fernando Mantilla, among others, are not only very solid in their matters, but also very pragmatic and capable of leading very complex negotiations.’
  • ‘They have a fully bilingual team with in-depth knowledge of the Latin American region. Professional quality and integrity top notch in the region. Ideal for complex M&A transactions and cross borders.’
  • ‘Antonio del Pino and Carlos Ardilla are extraordinary lawyers, very intelligent, with a deep knowledge of Latin America's idiosyncrasies, and with a great ability to navigate complex negotiations successfully. Undoubtedly one of the best in terms of corporate M&A focused on the region.’

Key clients

  • Global Infrastructure Partners
  • Tresalia Capital
  • SierraCol Energy Limited
  • Octal Holding & Co
  • Telefónica
  • Paracel
  • Softys
  • AME Holding
  • ArcLight Capital
  • Vivalto Santé
  • Triumph Modular
  • PopUP Design
  • ParaFi Capital
  • Repsol
  • BHP Billiton Petroleum
  • Marlin Equity Partners
  • Emergent Cold LatAm Management

Work highlights

  • Advised Global Infrastructure Partners on its acquisition of Atlas Renewable Energy (a clean energy company that develops, builds, and operates solar and wind projects in Latin America), from private equity firm Actis.
  • Advised Telefónica Colombia on the sale of a 60% stake in its Fiber-to-the-Home infrastructure business to KKR.
  • Advised AME Holding on the investment in HIF Global (a Chile-based developer of carbon-neutral eFuels projects), by Porsche, EIG, AME, Baker Hughes, and Gemstone Investments.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Practice head

The lawyer(s) leading their teams.

Antonio Del Pino