Department profile
Hughes & Hughes

Banking & Finance

Latin America Guide 2027 : Uruguay


Hughes & Hughes

Rankings

About

Provided by Hughes & Hughes

As counsels specialized in banking law, we have been involved in the largest financial transactions in Uruguay ever, and as advisors to firms in the financial sector, we have been in the forefront of new financial trends, taking part in innovative, complex transactions.

Our practice includes:

  • Design and structuring of debt paper issues
  • Project funding under traditional Project Finance layouts
  • Complex structured funding, securities issues, trusts structuring, mutual funds, and assets securitization
  • Mergers and acquisitions 
  • Advice on the setting up or incorporation of entities regulated by the Central Bank of Uruguay
  • Unequaled experience in advice to regulated entities operating in the FOREX/CFD market and in online trading
  • Comprehensive and ongoing advice on the development and negotiation of banking and stock contracts, fiduciary businesses, funding, guarantees, and transactions involving financial assets and derivatives, such as options and futures
  • Reorganization and liquidation of banks and other companies in the financial sector.

The opinion of members of our firm has been sought by lawmakers in the making of the framework designed to govern the Uruguayan financial system.

We have been involved in the funding of projects in the sectors of tourism, hospitality, agribusiness, industrial manufacturing, and mining. In recent years, we have had ongoing, fluent contact with regional and international credit entities such as IFC, IADB, CAF, and private international funds.

Clients (13)

  • BBVA
  • Banco Galicia
  • Rabobank
  • X-Trade Brokers
  • Akuo Energy
  • UPM-Kymmene
  • BNP PARIBAS
  • AMERICAN EXPRESS
  • BANK OF NEW YORK
  • DEUTSCHE BANK
  • EUROPEAN INVESTMENT BANK
  • SOCIÉTÉ GÉNERALE
  • THE BANK OF TOKYO-MITSUBISHI

Industries (14)

  • Forestry & Paper
  • Energy
  • Banks
  • Consumer Product Manufacturing
  • Food & Drink Producers
  • Pharmaceuticals & Life Sciences
  • Automobiles & Parts
  • Chemicals
  • Health Care
  • Retail
  • Real Estate
  • Industrial Engineering
  • Financial Services
  • Construction & Materials

Chambers Review

Provided by Chambers

Banking & Finance - Uruguay

Band 3

Band 3


What the Team is Known For

Hughes & Hughes is a well-established full-service firm with a respected banking and finance practice in Uruguay. The team is particularly well positioned to advise banks and other financial institutions on regulatory, compliance and licensing matters. The law firm's expertise also extends to financing transactions, refinancing mandates and restructuring matters, frequently involving cross-border elements. It regularly advises clients operating in the energy, technology and financial services sectors.

Work Highlights

Provided by Chambers

  • Hughes & Hughes represented Rabobank in connection with a USD10 million financing facility for Malteria Oriental, part of Grupo Petrópolis.

Strengths

Provided by Chambers

  • Hughes & Hughes handles complex banking and finance matters with skill and efficiency. The team is responsive, solution-oriented and brings a clear understanding of commercial and business considerations.

    Banking & Finance respondentLatin America

Notable Practitioners

Provided by Chambers

  • Band 4Hector Ferreira
    Band 4Hector Ferreira

    Hector Ferreira

    Hector Ferreira elicits positive client feedback for his track record in the Uruguayan banking and finance arena. He frequently advises banks, fintech companies and other regulated market participants on banking regulatory and compliance matters.

    • Hector Ferreira brings a broad perspective to banking and finance matters, providing thoughtful opinions and strategic input. His contributions go beyond purely legal considerations and reflect a strong understanding of the wider commercial context.

      Banking & Finance respondentLatin America

Ranked Individuals at Hughes & Hughes (1)

Uruguay

Members

Provided by Hughes & Hughes

What success is built on

Chambers is the leading data and intelligence partner for the legal sector.

Explore thought leadership