Guyer & Regules
Member firm for Uruguay

Firm Overview

Guyer & Regules is the first and only Uruguayan firm to have been recognised as "Latin America Law firm of the Year", "Uruguayan Law Firm of the Year" for six years and to have received the "Client Service Award" twice by Chambers & Partners. The firm has also been recognised as “Uruguay Tax Firm of the Year” by International Tax Review - Euromoney for three consecutive years and as “Law Firm of the Year – Uruguay” by International Financial Law Review on three occasions.

Guyer & Regules is proud to be considered Uruguay’s blue chip firm and first choice for international and domestic complex legal, accounting and tax work. Such a reputation is grounded on the firm’s solid team of internationally trained professionals and the largest group of the most experienced partners in the country, who have become the clients’ trusted advisers through daily service excellence.

Areas of Practice:

Accounting and Tax The team has been recognized by International Tax Review – Euromoney as the top Uruguayan firm for three consecutive years and it was presented with the Americas Energy Tax Deal of the Year award. “This corporate heavyweight is a point of reference in tax-related matters” as Chambers & Partners states.

Banking and Finance Guyer & Regules’ leadership is “undisputed”, advising 66% of the active private banks in Uruguay and two out of three large private pension fund managers. It has also been the only Uruguayan firm in the past 30 years in Uruguayan sovereign debt deals. Recent deals include: assisting HSBC and JP Morgan in US$2 billion Uruguay’s sovereign debt issuance and helping Citicorp provide a US$200 million credit facility to the Banco de la República Oriental del Uruguay, as well as various project finance deals.

Corporate, Mergers and Acquisitions As Chambers & Partners states, Guyer & Regules “continues to set the pace in the corporate sphere”: the team has participated in 63% of major public M&A deals in Uruguay over the past years, works for 8 out of 10 of the country’s top exporting companies, and advises on several equity investments, private equity, acquisitions, mergers of banks and pension fund administrators, spin-offs, transfers of assets, privatizations and utility concession proceedings.

Energy The team “shows clear leadership in the oil and gas industries” as Chambers Latin America states, advising the 3 international companies with oil and gas exploration rights in Uruguay: Tullow Oil, British Gas/Shell and Total. Moreover, it facilitated the implementation of the exclusive natural gas pipeline transporting natural gas from Argentina to Uruguay. The team also leads in renewable energies advising (either from the financing, sponsor or investor side), over 50% of the wind farms that contracted with the state-owned power company UTE and in the development of wind farms, photovoltaic farms and biomass power plants.

Labor The team excels for its services both in advisory and litigious labour matters. “The lawyers have deep technical knowledge, are committed to the client and stay up to date regarding changes in the law” as Chambers Latin America reviews. They represented all of the Uruguayan financial entities in the collective bargaining agreement negotiations with the banking union and the government as well as the Chamber of Insurance Companies.

Litigation A “trustworthy and ethical team that performs far above the standard level in the market” as Legal 500 indicates. It specializes in complex civil and commercial litigation and arbitration, domestic and international, generally involving high-profile cases.

Real Estate By far the largest and most experienced team in the country, with a very strong presence in tourism and residential developments (especially in Punta del Este and its surroundings), industrial developments, agribusiness and forestry investments. As Legal 500 states, the team demonstrates “…excellent professional capacity, always puts the client's needs first and respects the client's time constraints.