Chambers Latin America

Banking & Finance


What the team is known for  Esteemed banking and finance practice with an impressive client portfolio. The team is praised by both peers and clients for its remarkable expertise in this market. The firm participates in significant project finance, bond issuances and private equity transactions.

Strengths:“G&R is in my opinion the best firm in Uruguay for banking and finance law. They have large teams that are always very responsive to clients and share a database of deal experience that few firms can show.”

Work highlights  Highlights include helping HSBC provide a USD15 million credit facility to Interconexión del Sur.

Notable practitioners 

The much-admired Nicolás Herrera is considered a standout lawyer in banking and finance. Peers esteem his abilities and impressive career, and label him “a brilliant lawyer.” Clients also praise him, with one describing him as “one of the smartest individuals I’ve met; he can manage every business and non-business situation successfully. He has a superior level of experience and knowledge.”  

Head of department Nicolás Piaggio is lauded by observers in this field for being very experienced and for having managed every type of transaction and client. Sources declare: “He has a very strong understanding of clients’ needs and how to interact with people, he has lots of knowledge of the market and he is a good leader.”

Álvaro Tarabal is believed to have “a great analytical capacity and great logic. He gets involved with everything and analyses in-depth in order to give the best advice, and is on top of things.”  

Juan Manuel Mercant is noted by clients as a “young lawyer, with lots of experience in finance; he is hard-working and a good team leader.”

Marcos Payssé is regarded as being “very business-oriented and agile in his replies.”



What the team is known for  Highly regarded market leader with an impressive client roster. The team is deeply experienced and praised by peers and clients alike. The firm has recently been involved in a series of corporate deals related to the real estate and energy sectors.

Strengths:“The client service is among the highest I have experienced; they are dedicated to clients, a proactive firm, and provide very quick replies.”

Work highlights  Provided counsel to Swiss bank Julius Baer in the acquisition of Merrill Lynch International Wealth Management.

Notable practitioners 

Nicolás Piaggio predominantly focuses on project financing, debt restructurings and sovereign debt transactions. His clients are extremely satisfied when working with him and say he is “very capable – he gets very involved with work and is very valuable for the firm.” They also say he is “a skilled listener with a good approach to negotiations.”

Sources emphasise Álvaro Tarabals “outstanding service attitude that aims to solve customer problems,” and also highlight his collaboration “in everyday corporate challenges.” 

Corina Bove specialises in M&A and corporate law. She was recently involved in the Uruguayan supermarket chain Ta-Ta’s acquisition of Multiahorro.

Clients enthuse about Nicolás Herrera and say he is an “excellent negotiator and a reference for strategic consultations, besides being an exceptional lawyer.” They also note his availability: “He responds to e-mails dynamically and always answers the phone – so we can contact them anytime.”

Alejandro Miller debuts in the rankings following excellent market feedback from both peers and clients. Clients classify him as an “expert in commercial issues” and commend his impressive combination of academic knowledge and long-standing experience in the field.

Dispute Resolution


What the team is known for  A highly reputed litigation department. The firm advises a varied portfolio of corporate clients in cases of complex civil and commercial litigation as well as in local and international arbitration. It is also prominent in litigation across a wide variety of practice areas, such as antitrust, intellectual property, M&A and labour and employment.

Strengths:“The firm is excellent and responsive, they understand corporate timings and they find creative solutions for common problems.”

Work highlights  Assisted Cereoil in a dispute with ADM concerning a wheat transaction.

Notable practitioners

Sources highlight department head Carlos Brandes as a point of reference in this market and describe him as “strategic, competent and thoughtful.” He is experienced in civil and commercial litigation, international commercial arbitration and procedural law.

Clients are impressed with María Eloísa Cerdeña, who they say is “very solid” in litigation matters.

Associate Federico Florín is commended by clients for being “competent and responsible.”

Energy & Natural Resources


What the team is known for  Outstanding energy practice, very involved in important oil and gas transactions. The firm is active in renewable energy schemes such as the development of wind farms and biomass power plants, as well as in the structuring and financing of significant energy projects in Uruguay.

Strengths:“The firm provides essential advice, personalised treatment and a very good service.”

Work highlights  Advised GDF SUEZ in negotiations with Gas Sayago for the construction of an LNG regasification and storage floating plant.

Notable practitioners

Sources say Federico Susena possesses a “profound knowledge of the market, has a great capacity for negotiation, is available around the clock and really gets involved and cares for his clients.” 

Juan Manuel Mercant is admired for his ability to “analyse and propose solutions without forgetting to identify the risks.”

Labour & Employment 


What the team is known for  Specialised team of lawyers providing day-to-day labour advice. Active in labour union negotiations, salary agreements, contract negotiations and litigation. The firm is well established in the market and represents an impressive clientele.

Strengths:“The service is excellent; replies are clear and concise, and also correct.”

Work highlights  Advised OCA on conflicts with unions.

Notable practitioners

Sources say department co-head Eduardo Ameglio is “excellent in his specialities and a point of reference in the market, who also understands the banking sector like few others.” A client highlights his “broad experience and knowledge,” and his“suitable and realistic responses.”

Fellow co-head Leonardo Slinger focuses primarily on labour matters, negotiations with unions and social security. He earns significant praise from peers, and one client describes him as “a dedicated individual who always provides me with replies in line with my needs.” 

Real Estate


What the team is known for  Full-service law firm with a specialised team of real estate lawyers active in land acquisition, forestry, agribusiness and trust matters, among others. Also strong in infrastructure issues and industrial developments in both the tourism and residential sectors, and in regulatory matters.

Strengths:“The team works very well together. They have an excellent professional capacity, always put the client’s needs first and respect the client’s time constraints.”

Work highlights  Advised Montes del Plata on the sale of 45,000 hectares of forestry land.

Notable practitioners

Department co-head John Stuart Leaman is praised by peers as a “model lawyer” in real estate.

Fellow co-head Federico Susena is an “excellent professional” who is “highly recommendable,” according to clients.



What the team is known for  Market-leading team of lawyers and accountants that provides tax services to a range of clients, particularly in the energy sector. Regularly involved in tax planning, tax litigation, double taxation and tax auditing.

Strengths“The firm provides excellent service and has specific understanding of the challenges clients can face.”

Work highlights  Assisted Citigroup and BNP Paribas with the issuance of USD500 million bonds by the Republic of Uruguay.

Notable practitioners

Clients praise Juan Manuel Albacete‘s “agile and pragmatic” style of work, and highlight his expertise in both taxes and regulatory issues, alongside his impressive ability to negotiate.

Florencia Castagnola‘s “professionalism and perceptiveness” are underlined by clients, who also believe she has the “qualities of a leader.”