Latin America - Mexico

Sánchez Devanny

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Sánchez Devanny is a strong choice for HNWIs and families looking for tax and legal planning advice on the transfer of domestic and international assets. International tax planning specialist Abel Mejía is the main contact at the Queretaro office and is well-versed in various kinds of advice to individuals, including pre-migration tax planning to other countries, international patrimonial structures incorporating corporate-family governance protocols, and inheritance transmission. He co-leads the team along with two Monterrey-based fellow co-heads: ‘first-class advisor’ Ricardo León, who has broad tax expertise and is a regular advisor to wealthy families on their tax affairs; and corporate law and project finance partner Ernesto Silvas. Raised to the partnership in December 2023, Jorge López is a tax specialist who is frequently involved in wealth planning matters. Since publication, the firm has announced it's merger into Garrigues Mexico local office to become Garrigues Mexico - effective as of July 2024.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team led by Abel Mejia is simply fantastic, always ready and available. Unbeatable treatment and a great result for the client. Sanchez Devanny is a law firm with which we work regularly and will continue to do so in the future.’

  • ‘Attention to detail, availability, kindness, ability to overcome problems and come up with creative solutions to new problems and complicated situations.’

  • ‘Sanchez Devanny has worked very hard in the industry to achieve the reputation it has today. It is no coincidence that its partners and employees have the level that the firm has. They have diversified very well working in the niches in which a firm like them can undoubtedly add value. The following generations of associates or employees are very well prepared and are being properly trained to assume leadership roles that the market demands.’

  • ‘Abel Mejia: He is a person who knows the details of the wealth management world very well. Abel knows the appropriate structures for his clients and also has a great understanding of the consequences that they can represent in other countries. He is a very good technician who knows and correctly applies Mexican legislation.’

  • ‘Ricardo León is a leader in the legal services industry for the world of wealth management. He knows how to guide his clients perfectly, he always has a preventive and non-reactive approach, which positions him as an excellent advisor. The clarity with which he explains the solutions to his clients makes him a first-class advisor.’

Key clients

  • Citibank
  • UBS
  • Merrill Lynch
  • JP Morgan
  • Lombard Odier
  • Deutsche Bank
  • Pictet
  • Lombard International Insurance
  • Morgan Stanley
  • Credit Suisse

Work highlights

  • Advising a financial advisory joint venture on structuring different wealth planning and international holding vehicles to allow joint ownership of the merged business vehicles by their legacy US and Mexican owners.
  • Assisted private equity fund founders with creating and implementing an international wealth planning structure to participate in an offshore holding fund.
  • Advised a wealthy family in Mexico on an investment in optical fibre infrastructure, designing the international vehicles that would allow them to raise capital between international family and friends.

Lawyers

Leading individuals

Practice head

The lawyer(s) leading their teams.

Abel Mejía-Cosenza, Ricardo León-Santacruz, Ernesto Silvas-Medina