Practice area

IFLR1000 Reviews

Financial and corporate
Andersen Tax & Legal Uruguay

Fischer & Schickendantz is an active in project development and finance.  

The firm has worked in a range of sectors, but agribusiness has been particularly busy. One deal saw the firm advise Breeders & Packers Uruguay on its acquisition by Japanese Nipponhan Group.  

Client feedback

"Very good and pragmatic approach, good English knowledge and perfect follow up of the file." - Project development 

"Excellent and fast service." -M&A

Cervieri Monsuarez & Asociados

Cervieri Monsuárez & Asociados provides corporate and commercial advice to clients, and has advised several clients on contracts over the research period.

 The firm provides ongoing corporate advice to Payless Shoesource.

Other transactional details are confidential.

Client feedback

“The firm provides in Uruguay a quick response to our requirements. I know they are specialised in brands, but they have tried to solve our questions/ issues of the retail industry.” – Regulatory advice 


Ferrere is a market leader in financial and corporate and project development matters.  

The firm has been hard at work on asset sales, project financings and refinancings, among other deals. One key deal involved the firm’s advice to Weyerhaeuser Company on its sale of assets in Uruguay.  

The firm hired several senior associates including José Lima, Tania Cavallo and Carolina Secondo. 

Key clients include IIC, AIG and Key Safety Systems.  

Client feedback

"Good firm overall." - Banking

"Ferrere, unlike other firms, is distinguished by: i) having great expertise in all banking and financial matters, and this is due to its experience and track record; ii) their response times are optimal and in accordance with the needs of the bank; iii) their professionals are excellent and always seek to give more, in addition to being in each of the stages of each issue and/or work for which they are asked for advice; and iv) its people are unique. The professionals of Ferrere are always available to attend and understand the needs of the client and always with the best predisposition."- Banking 

"Excellent law firm with very capable professionals. They provide an excellent service. Their deep insight, expertise and knowledge is really helpful to our company. The level of trust and competency makes us feel very comfortable. Their level of response and speed is another great attribute. Dr Martin Cerruti, in particular, has a strong commitment and is highly remarkable with great level of common sense and sound judgment." - M&A

Guyer & Regules

Guyer & Regules is a top firm when it comes to financial and corporate and project development work.  

The firm has recently worked on secured financings, acquisitions, project financings and other matters over the research period. One deal saw the firm advise Terna with project finance for the construction of a high-voltage transmission line between Tacuarembó and Melo.  

The firm’s projects team is particularly active in the hydrocarbons and renewable energy sectors. One deal involved advising Shell with the exploration of oil and gas reserves.  

The firm advises the likes of TMF Trust, HSBC Bank Uruguay, and BBVA Uruguay.  

Client feedback

"Highly competent, skilled and extremely professional staff. Senior Partner and all the staff assigned to our firm are extremely reliable and are always available. We have built a strong relationship based on trust and top of the line service." - Banking 

"Guyer & Regules always maintains a high level standard of performance. Their partners and associates are excellent lawyers. We always trust in G&R advisory because they have superior expertise and knowledge of the legal issues of our market. Their partners are recognized professionals by the market, client and competitors. They have an internal culture that promotes excellence, pro-business orientation, and focus on details. They treat their clients as the most important. We feel that Guyer & Regules is part of our company and takes care of our interest as well as our board do." - Project finance 

"Guyer & Regules's Uruguayan practice, in my opinion, is the best when it comes to regulatory advice, AML/CTF prevention and commercial and labor law - all of the areas in which I received advisory services. They have talented and proactive members, and their knowledge and expertise are extremely useful to our company." - Regulatory 

"Strenghts: some very impressive knowledge of the regulatory environment and up-to-date insights. Opportunities for improvement: Partner instructions do not seem to be clearly passed on to (or understood by) associates doing most of the work, so the outcomes are not always good, requiring lots of costly back and forth at times." - Financial restructuring 

"The law firm has a broad scope of assessment and provides advice on all law matters we need." - Project development 

"The firm has an excellent level of advice in different stages of wind energy projects and in different topics (government, land owners, funders and buyers). Its main strength lies in its broad spectrum of professionals specialized in different areas of law." - Project development 

"The service provided by Guyer and Regules is always of high quality with a high degree of professionalismn and trust." - Banking

"Very positive. They have a deep knowledge of the Uruguay market and provide advice of the highest standards."- Banking 

"An excellent law firm with specialized professionals."  - Banking, Project development 

"Very professional and broad view of the business. Although, their response time has room for improvement." - Project finance, Project development 

Hughes & Hughes

Hughes & Hughes has been active on pre-export financings, refinancings, project finance and M&A over the research period. The firm works within a range of sectors, though energy has been active. One deal saw the firm advise Invenergy on a $135.8 million refinancing related to a wind farm.  

The firm advises the likes of BBVA and UPM.  

Client feedback 

"Great capacity to respond, very fast and assertive. They're able to input political sensitivities and environment into their thinking and deal with ambiguities and the complexity of government owned companies and their particular governance. They also have the willingness to attend to their customers properly and be there when required." - M&A

Olivera Abogados

Olivera Abogados advises BEVSA, the electric stock exchange of Uruguay, and through this relationship, often works on some of the top deals in the market.  

While BEVSA is the firm’s most visible client, the firm has worked on other transactions. For example, the firm advised Citrícola Salteña, a citrus fruit producer, with the restructuring of its debt.   

Gaston Bengochea and FICG Capital Corp are also examples of the firm’s key clients.  

Posadas Posadas & Vecino

Posadas Posadas & Vecino shines in project development matters and also has a strong financial and corporate practice. 

The financial and corporate team has been active on sales, project finance and capital markets matters. The firm advised IDB on granting a credit facility for the construction of a 70MW solar wind farm 

The project development team has been active on EPCs, public bids and other matters, particularly in the renewables but also in the natural resources and hydrocarbon sector.  One key deal saw the firm advise Gas Sayago on the construction of an offshore LNG regasification plant.  

The firm moves up in the rankings in project development.  

The firm advises the likes of IIC, BNP Paribas, and Brookfield Asset Management.