Baker & McKenzie's outstanding transactional achievements in Latin America have been recognized by three separate and significant financial and legal publications: International Financial Law Review’s Americas Awards, the Latin Lawyer Elite and the IJGlobal Americas Awards.  

International Financial Law Review’s (IFLR) Americas Awards, the guide to the world’s leading financial law firms, has awarded Estudio Echecopar, member firm of Baker & McKenzie*, as recipient of the "Project Finance Deal of the Year" for its work within Peru's Lima Metro 2 Project. The IFLR also awarded Baker & McKenzie with the "Restructuring of the Year" award for its role in the Corporacion GEO deal, a major bankruptcy case, involving one of the largest housing construction companies in Mexico.  

Just recently, Baker & McKenzie was recognized as an “Elite Firm” in Brazil**, Mexico and Peru in Latin Lawyer’s Elite ranking - the first list of its kind in the region. No other international law firm had more than one entry in the list. The Firm was also shortlisted  for four awards in the Latin Lawyer's 10th annual Deal of the Year Awards.  

IJGlobal, which tracks global market activity to deliver real-time insight for investment decisions, has awarded Baker & McKenzie four IJ Global Americas Awards, highlighting the Firm's cross-border strength across the Americas:  

1. Latin American Telecoms Deal of the Year: Red Dorsal Fiber Optic Project, Peru* - this deal involved over 13,000 km of fiber optic network and was of significant proportion and key to the Peruvian government's national broadband project. Lawyers involved: Juan Carlos de los Heros, Teresa Tovar and Ana Sofía Reyna of Peru.  

2. Latin American Mining & Metals Deal of the Year: CSP Ceara Steel Mill, Brazil** - this project aims to provide resources for the construction of a steel mill in the city of São Gonçalo do Amarante, State of Ceará (CE), with capacity to produce up to 3 million tons of steel slabs per year, the first integrated steel plant in the Brazilian Northeast region. Lawyers involved: Luis Ambrósio of Brazil.  

3. Latin American Solar Deal of the Year: Laberinto Merchant Solar PV, Chile - this was the first club deal, led by members of the Firm's North America energy team, which saw the financing of a solar project in Chile without support from multilaterals. Lawyers involved: Clyde "Skip" Rankin III, Jonathan Lancton, Bhavjyot Singh, Matthew Kluchenek, Richard Reilly, John Watson, J. Ross Macdonald, Rekha Auld, Esther Lee and Eric Filipink.  

4. Latin American Multi-source Financing Award: Lima Metro 2 Project, Peru* - this financing included a syndicated loan of US$ 800 million and bonds issued in the international market for US$ 1,155 million. Lawyers involved: Juan Carlos de los Heros and Jaime Mayorga of Peru.  

"I am delighted to accept these awards on behalf of our 800 lawyers in the region," said Claudia Prado, Baker & McKenzie's Latin American Chairman. "Receiving this recognition is a direct result of their hard work and is testament to the depth and breadth of our sector-based knowledge as well as the Firm's commitment to delivering world-class and integrated support to our valued clients."  

José A. Morán, Chair of Baker & McKenzie's North America Banking & Finance Practice, added: “This important recognition speaks to our work as strategic advisors, to our clients, as they face increasingly challenging market conditions on behalf of financial institutions and corporate borrowers. It is our dual skills - deep understanding of the nuances of the region, combined with unsurpassed transactional and dispute-resolution experience - that sets us apart."  

*Peruvian law firm Estudio Echecopar is a member firm of Baker & McKenzie International

**In cooperation with Trench, Rossi e Watanabe Advogados, a Brazilian law firm

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