International Financial Law Review - Euromoney

Tier 1

With 100 years in the market Guyer & Regules stands as one of the oldest firms in Uruguay, and with nearly 100 lawyers in the market, the firm bares the distinction as the largest firm in the transactional market. Memberships to professional networks like Lex Mundi and Multilaw make Guyer a reference in the market for foreign corporates and multinational banks like HSBC and Citibank.

Clients consider the partners to be “professional and ethical lawyers”, with particular regard to partner Álvaro Tarabal as an adept corporate representative. “He knows the ins and outs of the commercial code and can adapt foreign concepts to the model,” one client mentions. Managing partner Nicolás Herrera earns regard among competitors for being “committed to higher causes” when it comes to legal opinions.

Tarabal recently provided counsel to Brazil’s Eurofarma, which last May took a majority stake in Uruguayan rival laboratory Gautier, as well as a slice of the domestic pharmaceutical manufacturing market. Under the agreement Eurofarma completes the total acquisition after two years.

The firm also advised Rio Tinto on the Uruguayan aspects of its exit from the region, and represented Scandinavian papermaker Stora Enso in its joint venture with forestry company Arauco, which bought several of Ence Group’s local holdings in 2009 for $344 million.

Leading lawyers

  • Nicolás Herrera
  • Nicolás Piaggio
  • Álvaro Tarabal