I find the IFLR1000 a concise, clear and reliable source of information when reviewing or sourcing legal counsel.
Maria Sol Martínez Head of Legal & ComplianceHSBC Bank Paraguay
We operate panels in many practice areas and in many countries. We don't always have a practice area specialist who knows firms in the country, so that is where guides like this come in handy.
The IFLR1000 is a useful cross reference to refer to ... to make sure a personal referral aligns with some objective rankings from a survey. I would refer to it in my main area, M&A, when looking for a counsel in a country we are new to.
The country-by-country tiered rankings by practice area are a good approach, to get a rough feel if a firm is viewed as active in a practice area.
UK General CounselUS-listed multi-national corporate
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Muñiz Ramírez Pérez-Taiman & Olaya
Muñiz Ramírez Pérez-Taiman & Olaya has continued to earn its reputation in the Peruvian oil and gas sector. "They have a very good oil and gas practice group," a competitor says. "It's one of the best in the country and there's no question about that." Another says that "They are a huge firm. They do very sophisticated work and have some really good oil and gas clients".
The firm is counsel to the leading financial institutions participating in the Peruvian market focusing in financing in the energy and infrastructure sectors. Sergio Oquendo heads the firm's project finance and banking practice groups and peers have high regard of him. "He's definitely good," one says. "He works very diligently."
Recently, the firm represented Compañia Minera Milpo when it undertook its inaugural international bond in the foreign market. The $350 million bond was used to refinance existing debts with banking institutions and capital expenditures.
M&A was also an active practice area for the firm. Partner and head of M&A practice group Mauricio Olaya took on much of the firm's M&A work over the last year. Olaya helped HSBC bank in the $400 million sale of its subsidiary in Peru to the Gilinski Group from Colombia. He also advised San Martín Contratistas Generales in the sale of 51% majority stake to ICA, the largest construction company in Mexico. The sale valued $123 million and closed in May 2012.
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