ARGENTINA FIRM BRIEFINGS
Estudio Alegria Buey Fernandez Fissore & Montemerlo
2012 Firm Overview Cross-border experience
Costa Rica, Guatemala, Honduras, Nicaragua
Most active disciplines Disputes: Financial and corporate Financial and corporate:M&A, Private equity, Project finance Public: Projects
Key energy sectors Oil and gas, Power networks and distribution, Traditional power
Key infrastructure sectors Healthcare, Rail, Roads, Water and sewage
Key partners
Javier Alegria, Rodrigo Alegria, Pablo Buey Fernandez, Gabriel Fissore
Estudio Alegria Buey Fernandez Fissore & Montemerlo is a boutique law firm that has operated in the Argentine market for nearly four decades. Over the course of the last year, Estudio Alegria advised a number
of companies with restructurings. In August 2012, the firm advised Gas Argentino, holding company of the gas utility company for the Buenos Aires area, MetroGas, in its judicial bankruptcy restructuring worth $95 million. The firm also advised Vial 3, a former toll-road concessionary, with its judicial bankruptcy restructuring. The province of Santa Fe terminated the concession and the company entered into liquidation, after which the restructuring was filed with the Court. The transaction was worth $50 million and closed in February 2012.
M & M Bomchil
2012 Firm Overview Most active disciplines
Disputes: Financial and corporate, Public, Tax Financial and corporate: Banking, Commodities trading and energy derivatives, Equipment/asset finance, Investment funds, M&A, Private equity, Project finance Public: Competition, Construction, Employment, Projects, Regulatory Tax: Corporate tax, Transfer pricing
Key energy sectors
LNG, Oil and gas, Power networks and distribution, Renewables, Traditional power
Key infrastructure sectors Airports and aviation, Ports and shipping, Roads, Water and sewage
Key partners Néstor J Belgrano, Máximo Bomchil, María Inés Corrá, Héctor M Huici, Patricio Martin, Alejandro Messineo, Guido Santiago Tawil
M & M Bomchil has been an active force in the Argentine legal market for nearly a century. Since the early 1990s, the firm has increasingly developed in legal areas related to the sale and the concession of gener- ation systems, electricity distribution and transmission, tariff and roy- alty issues, marketing operations, and the exportation and construction of generation infrastructure and transport. The firm has had a role in the first PPA (power purchase agreement),
the first PPA export agreement, the development of a new electrical grid linking the Comahue region and Buenos Aires and the first five- year rate review in the gas industry. It provided counsel to Unitec Bio, a biodiesel production company incorporated in Argentina, which bor-
30 ENERGY & INFRASTRUCTURE | LATIN AMERICA 2013
rowed Ps148.4 million ($28 million) from Citibank’s Argentina divi- sion. The loan will be applied to finance the construction and devel- opment of the extension of Unitec Bio’s biodiesel plant located in Puerto General San Martín. The loan was finalised on May 28 2012, and guaranteed by certain in rem and personal security. In March 2012, Bomchil gave Sipetrol a legal opinion on the early
termination of an oil concession in the Province of Chubut. The firm has also given legal advice to a major LNG regasification company and trader on commercial, corporate, tax, labor, regulation, and environ- mental matters to the company hired by the UTE (joint venture) be- tween ENARSA –YPF in order to operate the regasification terminals in Bahía Blanca and Escobar.
Marval O’Farrell & Mairal
2012 Firm Overview Cross-border experience
Brazil, Bolivia, Chile, Paraguay, Uruguay
Most active disciplines Disputes: Financial and corporate, Public, Tax Financial and corporate: Banking, Commodities trading and energy derivatives, Investment funds, Equipment/asset finance, M&A, Private equity, Project finance Public: Competition, Construction, Employment, Environmental, Land, Projects, Regulatory Tax: Corporate tax, Indirect tax, Transfer pricing
Key energy sectors
LNG, Mining and metals, Oil and gas, Power networks and distribution, Renewables, Traditional power
Key infrastructure sectors Airports and aviation, Defence, Healthcare, Ports and shipping, Rail, Roads, Water and sewage
Key partners
Ricardo Beller, Luis Lucero, Francisco Macías, Héctor Mairal, Leonardo Rodriguez, Pedro Serrano Espelta
Marval O’Farrell & Mairal can justly claim to have played a prominent role in Argentina’s oil and gas sector for a decade and a half. The firm advises on matters covering the hydrocarbons supply chain. Currently, Marval is representing Energy Consulting Services –
Tractebel Engineering in a feasibility assessment of LNG supply from Bolivia to Paraguay and Uruguay. The firm has represented Compañía Mega in an ongoing renegotiation of an existing power purchase agree- ment (PPA), involving the supply of the energy corresponding to a 10MW capacity load. The PPA, one of the Argentine market’s biggest, was successfully renegotiated in December 2012. Marval O’Farrell & Mairal also currently advises Genneia in relation to several PPAs carried out with the state-owned company ENARSA for the sale of power gen- erated by facilities powered by renewable energy sources. These sources include bio-fuels, biomass, wind and photovoltaic solar. PPAs were ex- ecuted in September 2010, work on some the projects was finalised during the first part of 2012, and the investments are estimated to ex- ceed $300 million.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108