Client or Matter Name
Grupo Hunan and its controlling shareholders.
Deal Description
We acted as legal counsel to Grupo Hunan – a high-end restaurant operator with over 30 locations in Mexico and the US - and its controlling shareholders to acquire the position held in Grupo Hunan by Glisco - a leading growth equity and structured financing fund in Mexico with over 20 years in the industry.
Innovation & Additional Comments
The deal was particularly challenging given that the structure was negotiated at-length and required to conform different concepts in order for the transfer formalities under Spanish law to be consistent with a Mexican-law governed stock purchase agreement.
Finally, the transaction implied the negotiation and closing of highly complex documents.
Jurisdiction
Mexico, Spain.
Governing Law
Mexican Law.
Deal Duration, Date of Closing / Signing
Closing: September 29, 2023
Team GC
Lead Partner: José Ignacio Rivero Andere.
Partner: Enrique González Calvillo
Managing Associate: Jacinto Ávalos Capín.
Associate: Rodrigo Poumian González, Héctor Ferrari Ruiz.
Law clerk: Valeria Camacho Bello, Sofía Ramírez Esparza
Other firms involved
Creel, García-Cuéllar, Aiza y Enríquez, S.C., as Mexican counsel to Glisco.
Ceca Magan, as Spanish counsel to Grupo Hunan.
