Largely known for its robust energy practice, Posse Herrera & Ruiz is a firm on the move and has gone on to develop multiple practices by leveraging that expertise. "A very good law firm, pushing hard," says one attorney about the firm's aggressive expansion....
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Largely known for its robust energy practice, Posse Herrera & Ruiz is a firm on the move and has gone on to develop multiple practices by leveraging that expertise. "A very good law firm, pushing hard," says one attorney about the firm's aggressive expansion. Others in the market noted that the "very active" firm was "very competent" and "doing a great job".
The firm acted as legal advisors to Compañía de Petróleos de Chile (COPEC) as the Chilean petrol distribution company purchased a 47.2% stake in Proenergía Internacional. The private purchase was supplemented by the acquisition of an additional 8.9% stake through the securities market. The related transactions gave COPEC an indirect controlling stake in Colombian-based Organización Terpel, another distribution company.
One client speaks highly about Jaime Herrera, a well-known figure in the legal community, and his team. "The entire team did an excellent job in all aspects of the transaction," he says. "In particular, they were very professional and extremely responsive to the needs of the client. I would be pleased to work with them again should the opportunity present itself."
Competitors also praise Mariana Posse's banking and finance experience while noting that she is a leading lawyer at the firm. She recently counseled BNP Paribas in a secured loan facility to Solana Resources, a subsidiary of Gran Tierra Energy.
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