Hughes & Hughes houses a ‘prestigious, experienced’ and ’multifaceted’ banking and finance practice group, which ‘always finds the best solution for the client’. It regularly assists banks, multilateral credit organisations and investment funds with complex financing operations such as credit facilities, revolving loans, convertible bridge loans, and also advises on regulatory banking and finance work. Héctor Ferreira co-leads the practice and has notable experience in project financing and credit facilities. Juan Carlos Oreggia Carrau, who leads alongside Ferreira, advises on financial transactions and ventures in the forestry and energy sectors. Haroldo Espalter completes the leadership trio. Mariana Estradé excels at project financing and advises foreign multinationals on their Uruguayan operations, with particular focuses on transactions involving renewables, and educational infrastructure.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Multifaceted team encompassing a broad range of knowledge. Always willing to seek pragmatic solutions to the issues raised.’

  • ‘Its lawyers are well-trained in all their areas of expertise, and have extensive local and international experience; they always find the most suitable solution for the client.’

  • 'They have a good, consolidated team.'

  • 'They are aware of the needs of clients.'

  • 'Great knowledge about Uruguay in general. They have an excellent predisposition to serve clients and to be aware of any help that the practice can provide, even outside the strictly legal area. The main novelty compared to other firms is, ultimately, the dedication to the client in a holistic way.'

  • 'Hector Ferreira is a top-level professional.'

Key clients

  • BBVA
  • Banco Galicia
  • Rabobank
  • American Express
  • Bank of New York
  • Deutche Bank
  • Bank of America
  • Merrill Lynch, Pierce, Fenner & Smith
  • Société Génerale
  • The Bank of Tokyo
  • Mitsubishi
  • Fitch Ratings
  • Inviu Agente de Valores
  • Emprendimientos De Valor
  • Pay Retailers

Work highlights

  • Advised Cooperativa Agraria Agroindustrial, through its Uruguayan subsidiary Rewir, on increasing its exports entered into a facility agreement with Rabobank Nederland.
  • Advised Trafigura on the refinancing of an existing facility granted to the company (as borrower) by Sumitomo Mitsui Trust Bank.
  • Advised Teyma/Chediak on the development of the new fishing terminal at Puerto Capurro.

Lawyers

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.

Haroldo Espalter, Hector Ferreira, Juan Carlos Oreggia Carrau