Regulation & Law

Philippi, Prietocarrizosa & Uría: out to conquer the market, brings two Peruvian actors under its operations

Ferrero Abogados and Delmar Ugarte have merged to form Philippi, Prietocarrizosa, Ferrero DU & Uría, which will count 44 partners and 319 lawyers, becoming one of the largest players in the Latin American market, acting under Prietocarrizosa & Uría’s operations.

Ferrero Abogados and Delmar Ugarte have merged to form Philippi, Prietocarrizosa, Ferrero DU & Uría, which will count 44 partners and 319 lawyers, becoming one of the largest players in the Latin American market, acting under Prietocarrizosa & Uría’s operations.


Founded more than 70 years ago in Peru, Ferrero Abogados offers a wide range of business law services and is particularly recognized for its strengths in tax, labor and corporate law.

 

Its new partner, Delmar Ugarte, is a young and dynamic boutique law firm with experienced lawyers, mostly focusing on infrastructure and project finance. Notably, it also has a team dedicated to cases concerning Asia, making it one of the only firms in the region with an Asian focus.

 

Prietocarrizosa & Uría (PPU), in which Spanish giant Uria is a significant shareholder, has consolidated its strong position, having seen 15% growth in the year since it was established. Luis De Carlos, Uría’s managing partner, believes that: “integrating these two leading firms in the Peruvian market confirms that PPU is on the right path following its incorporation a year ago. The firm has been able to consolidate its position as a leading firm in the Pacific Alliance region and become one of the main firms in Latin America.”

 

The new entity will boast offices across the continent, in Santiago (Chile), Lima (Peru) and Bogotá and Barranquilla (Colombia).

 

 

R. V.

Read the full Special Report: Peru: International Firms Reshaping Legal Market

Peru is considered one of the leading emerging markets in the region in terms of economic development and despite the economic slowdown the prospects are better than in neighboring countries. According to the IMF Peru will grow at a faster rate than Chile, Colombia and Mexico. The recently elected president should provide a basis for this notably through several infrastructure projects that should launch in the coming years.

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