Stocche Forbes Padis Filizzola Clapis Passaro Meyer & Refinetti

Brazil

IFLR1000 Reviews

Financial and corporate

Stocche Forbes is highly regarded across most practice areas but is perhaps best known for its work in project finance. It operates from four locations across Brazil: São Paulo, Rio de Janeiro, Brasília and Belo Horizonte. 

 

Focusses / specialisms 

The banking and finance team has expertise in acquisition finance, cross-border financing and credit facilities, representing mostly lenders. 

 The capital markets team works across debt and equity transactions, for both issuers and underwriters. The team works on debentures issuances, public offerings and bond offerings.  

The M&A team advises investment funds, strategic buyers and sellers in funding, acquisitions and joint ventures. The team works across numerous industries, including energy, oil and gas, financial services and technology.  

The project development team advises many developers and financial sponsors in the finance aspects of transactions. It is active in the oil and gas, energy and infrastructure industries.  

 

Key clients 

The firm has a plethora of key clients in the banking and energy industries, including Banco Santander, Teekay Offshore Partners, Engie Brasil Energia, Syncreon Group, Pátria Investimentos, FTV Capital, Banco BTG Pactual and Banco Itaú.  

 

Research period review: 32nd edition (2022/2023) 

Over the research period the firm was active in banking and finance, capital markets, M&A and project development.  

The banking team worked on numerous cross-border financings, representing mostly borrowers. The team had a strong presence in the energy sector. 

The capital markets team worked in equity and debt, advising issuers and underwriters on public offerings of shares and debentures in various industries.  

In M&A and private equity, the firm worked on private acquisitions, mergers, and share buybacks in the energy, mining, technology and telecommunications, healthcare, oil and gas and consumer goods and services industries. The firm advised acquirers, sellers, joint venture partners and merger parties. 

The project development team saw many financings in the oil and gas, energy and infrastructure industries over the research cycle, where they represented many developers and lenders. 

In August of 2021 Marco Saliba was recruited from Proton Energia to join the firm as a partner in the projects practice area. In March of 2021 partner Rana Moraz departed from the firm to join PMK Advogados. 

 

Deal highlights: 32nd edition (2022/2023)  

Arezzo Group R$180 million acquisition of GuaranáBrasilDifusão de Moda  

Companhia Estadual de Distribuicão de Energia Eléctrica R$1.5 billion debenture issuance 

Espacolaser B3 IPO 

QairBrasilParticipacõoes R$225 million debenture issuance 

Rio do Peixe solar project EPC 

 

Client feedback: 32nd edition (2022/2023) 

 

M&A 

"Knowledge, efficiency, agility, helpfulness." 

"Legal knowledge, negotiation skills and partnership." 

"Stocche provides very business-oriented advice and tailored to the specific needs of a foreign private equity fund operating in Brazil. " 

"The firm provides the most sophisticated work across different areas." 

"Deep technical expertise and unparalleled dedication to client." 

"During the entire process, the firm was able to support the company with great zeal in relation to the minutes preparation, and much more. They were able to support the negotiation of complex clauses from an equity point of view and that generated great value to the transaction in this matter." 

"Hard negotiation skills that help to close the deal. Knowledge of international practices. 
  " 

"The firm provides practical and commercially sound advice on matters of Brazilian corporate law. Their team is knowledgeable, experienced and proactive. They have an excellent capacity to focus on what really matters to foreign clients doing business in Brazil. " 

 

Private equity 

"Client and business oriented. High quality from partners to associates. " 

"The firm advised us on issues related to capital market (regulatory), M&A and tax, adding value by working with our legal and business teams to structure the deal from scratch. The partners are creative and business-oriented, and their advice was critical for the success of the transaction. As a private equity firm focused on special situations, we seek the best legal advice to map all possible risks, and they were excellent and delivered results above expectations. " 

 

Project development: Infrastructure 

"They have demonstrated solid knowledge of EPC bidding and contract, adding value with their experience on both sides: owner and main contractor. Lawyers are bright to defend their advice, speaking clearly and avoiding unfamiliar terms for the non-lawyer professional. 

 

Project finance 

"Best firm in Brazil in explaining complex Brazilian legal differences to US and European clients." 

"Boutique experience and quality, with big law flexibilities." 

"First class and excellent communication skills, especially explaining Brazil complexities to foreign clients." 

"They are knowledgeable, focused and client-oriented." 

"Well-equipped, fast and problem-solving oriented." 

"Solid technical expertise of all professionals, business-oriented, attention to detail and one of the only Brazilian firms that reach international levels of client service. " 

 

Rafael Andrade 

"One of the best lawyers I have ever worked with. He is brilliant." 

"He is a complete lawyer. Both in terms of depth of knowledge in the technical topics and in the capacity for dialogue to achieve the expected results." 

"He is a very bright lawyer. He is aware of the issues faced by foreign clients doing business in Brazil and proposes creative and innovative solutions." 

"One of the best lawyers I have worked with. Has a solid knowledge of international practices making a cross-border transaction as easy as possible. Drives clients' decisions based on risk assessment analysis. Has hard negotiations skills. " 

 

Rafael Bresciani 

"Knowledgeable, fast, attentive." 

 

Matheus Campos  

"He works around the clock to make sure the client is fully and timely assisted, being very attentive to details." 

"Fast responses and precision in meeting deadlines. Pays attention to details and is extremely hard working." 

 

Guilherme Forbes 

"First class." 

"Hands-on, knowledgeable and a clear communicator. Possibly the best project finance lawyer on Brazil law requirements." 

 

Teo Galvão 

"He is reliable, proactive and a conceptual thinker. He manages conflicts very well and has in-depth legal knowledge of our industry. He is assertive, which helps a lot." 

 

Bruno Gandolfo 

"Always available, creative in finding alternative solutions, solid knowledge of the practice area (financing)." 

 

Ana Clara Ladeira 

"She has a solid knowledge of EPC bidding and modelling contracts, with a strong experience on both sides, owner and main contractor. She has clear communication and always keeps her attention on others. " 

 

Fabiano Milani 

"Creative thinking and dedication to client." 

 

Frederico Moura 

"Best client interaction of any partner that has ever provided services to us." 

"Puts himself in the shoes of the client in order to provide fast, efficient and business-oriented legal advice." 

 

Matheus Penido 

"Excellent professional. Very skilled and result oriented." 

 

Miriam Signor 

"Partner involved in the deals and client solving."