Chambers and Partners Global 2009 recognizes Pellerano & HerreraPublished on:
Chambers and Partners, world leaders in client- led intelligence on the legal position, have recognized Pellerano & Herrera once again as the market leader in the Dominican Republic. “Celebrating its 55th anniversary, Pellerano & Herrera remains a market leader. The largest team in the country, it possesses “ample personnel covering all areas of law, with solid experience and great prestige throughout.” Clients are attracted to its ability to “efficiently handle complex deals with an exceptional turnaround time.” Core practice areas include high-end M&A, securities, litigation, tourism and mining. It recently advised Shell on the sale of a 50% stake in a national oil refinery to the Dominican government, a deal valued at USD180 million. It acted for the lenders in the debt restructuring and consolidation of Dominican Republic sovereign debt.
Marquee client Barrick mandated the team with the ongoing Pueblo Viejo gold mining project which, at USD2.7 billion, is the largest foreign investment in the history of the Dominican Republic. Luis Pellerano was lauded from all corners of the market: “He brings a highly dynamic style to matters and communicates excellently with all parties.” A “resourceful and capable lawyer who always keeps his eye on the prize,” he led the team for Barrick and worked for Shell among others. Marielle Garrigó is “easy-going and impressive, demonstrating a can-do approach and commitment to the tasks at hand.” Clients were pleased by this “energetic, articulate and well-spoken lawyer,” who has taken on many regulatory and capital markets matters in addition to high-end M&A.
Managing partner Ricardo Pellerano often works on the administration side, but his “superb responsiveness, crystal-clear advice and empathy with clients” make him an essential name in the market. Sources expressed endless admiration for Juan Manuel Pellerano Gómez. “Vastly experienced and influential,” he is “eminent in the market” and “the best name in litigation.” He works alongside the head of the disputes practice group Hipólito Herrera Vassallo, “a seasoned litigator who deserves considerable praise.”
Source: Chambers and Partner